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Author Topic: As a gambler do you have a potential winning amount limit?  (Read 2962 times)
Casdinyard
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July 23, 2023, 09:23:19 PM
 #21

Not so much as a potential winning amount limit but a winning limit actually. When I gamble I tend to go on a high roll so I don't really worry about not meeting a quota or something like that, plus I don't really gamble for profit anymore and this is more of a thing to instill discipline upon thyself if you catch my drift. So I tend to set 3 wins/3 loss limits on myself whenever I gamble which is simple: You bag 3 wins, you're good for the day, You bag 3 losses you're good for the day too. That way, I could keep all my winnings and end on a positive, or keep as much of my bankroll as possible without loosing it all. I've seen someone talk about it in this forum a couple of years ago, and I was interested so I figured I should try it, so far it has allowed me to stay disciplined whenever i gamble which is not that much anymore, and at the same time it kept me on a relative positive bankroll so far.

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July 23, 2023, 09:47:26 PM
 #22

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

I put my bet just for fun and in hopes of winning some and do not place it according to the weight of my financial need.  Since I only gamble the money that is extra after I fulfilled the needed fund for my family.  So I put a bet without any worries or pressure.

I do not think that it is ok to see gambling as a source of funds that will provide answers to our financial needs.  The reason is that gambling result is random and if a gambler thinks gambling that way, he might end up losing all his finances chasing wins.  It is also a bad move to gamble the remaining money so that one can win and make it enough for its purpose.

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BitcoinGirl.Club
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July 23, 2023, 10:02:31 PM
 #23

When I feel lucky I deposit in the sites. Most of the time when I am bored I spend time in gambling. If I win then I continue, try to withdraw but if I lose the deposit then I logout and forget about it for few weeks or months before depositing again.
Thats a very good self control as the same might be very different with other gambler because they will feel pain after losing that first try and then the spree of deposits Begin trying to chase that first money which they deposited not trying to even win etra money again and I know this out of past ugly experience and it wasn't easy but I have tried my best to regulate such habit of mine.
I do chase my loss but that's only limited to the deposit I made and the balance I left. If I lose the deposit then I don't bother to make another deposit to keep chasing. Just forget that happened and move on. After few weeks or months when there is a big match and everyone is talking about it or if in a day I feel bore then I make deposit again and start fresh. All is to have some entertainment. It has nothing to do with winning or losing. However winning feels good and if I can withdraw something then it feels better.

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July 23, 2023, 10:13:07 PM
 #24

I don't have have a potential winning limit and as a matter of fact,  I usually cash out any amount as long as it is above my staked amount I can easily cash it out,  I use to want to hit my highest limit before by waiting till the end of the games most especially in sport bets,  but recently I lost a good number of my bets and that was due to team scoring during the half time of the game.

So not setting a limit could lead to this kind of incidence,  so I may consider this a good approach to at least cut down the risk even though you don't entirely get lucky all the time to win a straight one.

The limit will also help a gambler minimize the number of gambling sessions,  be it if you win or lose.



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July 23, 2023, 10:23:56 PM
 #25

But who would want to be losing money all in the idea of catching fun!
Of course, no one wants to lose money. But you need to think of it a bit differently and you will realize that you are not really losing anything. People who consider gambling an entertaining activity, consider the money they lose wile playing games as expenses. They spend money to have fun, it's not a lost money.
Anyway, you should not consider gambling as a source of income or as a quick way to make money, it's not!

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July 23, 2023, 10:36:56 PM
 #26

Curiously enough, during my dice sessions I have set a limit on the money I am allowed to lose before logging out my account, but I have never set a limit on the profit I can get before cashing out and withdrawing all of it.

That could be one of the reasons I continue rolling numbers even though I am on the green, before my luck runs out and I go back to the starting line. If I managed to set a ceiling for the money I am allowed to win and that ceiling was proportional with my wager, I think I could get more profit out my lucky nights, though, I am not sure I have such self control and discipline yet. I could feel tempted to go on and history would repeat itself.

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July 23, 2023, 10:40:36 PM
 #27

I don't have have a potential winning limit and as a matter of fact,  I usually cash out any amount as long as it is above my staked amount I can easily cash it out,  I use to want to hit my highest limit before by waiting till the end of the games most especially in sport bets,  but recently I lost a good number of my bets and that was due to team scoring during the half time of the game.

So not setting a limit could lead to this kind of incidence,  so I may consider this a good approach to at least cut down the risk even though you don't entirely get lucky all the time to win a straight one.

The limit will also help a gambler minimize the number of gambling sessions,  be it if you win or lose.

If you hadn't lost, you would not have thought of using the set limit settings from then on.
However, gambling is supposed to be just for the fun, same as betting, but we have been taught about living a passionate life, no wonder many get addicted and don't know when to call it quits for the day. Hence the why for the limit settings.

I only keep on playing after a back to back winning streak, otherwise, the first 3-5games would determine if am going to win or lose,  or if I should keep playing further.

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July 23, 2023, 10:42:55 PM
 #28

But who would want to be losing money all in the idea of catching fun!

I would say, everyone.  Everyone in some time of their life spend money for fun.  Others spend extra money just to get a VIP seat, while others spend money to experience the fun of rides and the feel of being in the places called tourist spots.

People are eager to waste and spend money just for the sole purpose of entertainment and enjoyment. So I would say everyone in some point of their life.



About the potential winning limit amount, it is random sometimes I wanted to win a huge amount while sometimes I just wanted to bag a winning amount no matter how small it is.  Though I never ever think of making gambling a source of my fund since I believe I might end up losing my precious fund than winning.

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July 23, 2023, 11:19:18 PM
 #29

as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

I'm not a regular gambler, so I might not have the best answer to this, but with the little time that I have tried to gamble, I usually don't gamble based on the amount I wish to win; it's all based on the amount I am willing to wager, and the odd will determine my winning, and I don't take unnecessary risk in wagering on games that have a higher odd, which might reduce my chance of winning.
 
Anyone who wants to gamble based on the financial issue they have at hand might always end up losing their games as they will always want to go for a higher odd, which could help them hit their desired figures. In places where they could have won some games because they wanted the money to solve their problem, they will always want to add more games that they are not too sure of, which could eventually lead to what will cut the slip for them. To me, it's unwise to gamble based on one's financial situation.

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July 24, 2023, 01:51:58 AM
 #30

I'm mostly satisfied with the winnings I get, even if it's smaller than what I expect, and I prefer to stay that way because gambling with that greedy mindset always backfires. I've been there before and forcing myself to hit those winning limits would lead me to start a losing streak I didn't ask for. It's similar to chasing losses because you're also betting bigger or placing more bets, but your goal is to reach the winning limit you've set. That same goal can also bring you down even further because casino games rarely go in the way of gamblers.

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July 24, 2023, 02:04:44 AM
 #31

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?


If you always weight according to your financial needs, you'll bet big, right? It is more risky to lose it all, meaning you could lose it all because always the casino wins. That is why it is better to allocate only the amount that you can afford to lose, not based on what you want to win, as this is already chasing profit in gambling, which is impossible to do.

Also, in addition to people who gamble because of money, yes, the majority of them do gamble for money, even myself, but there are also people who gamble for fun, like those rich people, who just want to spend their time and money on casinos, and sometimes we are also like that; we just want to gamble as our friends are there and having fun. This is like when you are drinking with your high school friends, not because you want to drink the alcohol, but because you just want to have fun with them.
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July 24, 2023, 02:08:08 AM
 #32

I have seen few people who gamble. Some of them are rich and others are addicted to gambling. They spend all their earnings in gambling. Setting a limit is a bad idea. Never Chase money play it for fun otherwise you will be in serious trouble.
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July 24, 2023, 02:36:30 AM
 #33

.But who would want to be losing money all in the idea of catching fun!
there are still mate , and those are the people that knows how to limit their gambling expenses and also they treat gambling like how they spend money in watching movies or some fun giving activities that also needs expenses .
Quote
There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.
gamblers has their own target and capacity , so yes there are no same plans of all gamblers when they gamble.
Quote
My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

isn't desperation mate? imagine that you will rely your living just because of Bet? Am not sure if there is one who has this attitude but never for me .
i will gamble maybe to win but not because I needed this amount and I will wait for the gambling bet giving that amount.

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July 24, 2023, 03:30:46 AM
 #34

I have heard and read about people gambling because they had no source of income,  a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?


All the problems of human life can never be solved. Earning on the one hand and spending on the other is basically a picture of life cycle. I gamble basically with a small amount of wealth but I don't gamble I do anything by accumulating money and arguing with the main wealth. It is not possible to give up gambling completely because gambling is basically about gaining experience. If you suddenly participate in gambling, you will definitely lose, so gambling should always be on.

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July 24, 2023, 03:32:09 AM
 #35

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.
From my personal experience when betting, I always consider what is at stake, the Odds that can be obtained and also the amount of money I have to bet.
Now I'm not a person who likes to bet on many sports matches, so I just choose which one is the best to bet on with the money I have because that way when I lose I don't lose too much money, but if I'm lucky I can get a decent profit.

Better to be patient and a little late but can get maximum results.

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July 24, 2023, 03:50:42 AM
 #36

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.
From my personal experience when betting, I always consider what is at stake, the Odds that can be obtained and also the amount of money I have to bet.
Now I'm not a person who likes to bet on many sports matches, so I just choose which one is the best to bet on with the money I have because that way when I lose I don't lose too much money, but if I'm lucky I can get a decent profit.

Better to be patient and a little late but can get maximum results.
It is not just about Sports Matches mate but the totality of gambling games in which more are luck based and yes can sustain your needs in just one win.
Like for example in roulette or Slot machines that you can become an instant millionaire or at least to cover all your needs in one shot.









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July 24, 2023, 03:54:01 AM
Last edit: July 24, 2023, 05:35:21 AM by wxa7115
 #37

I have heard and read about people gambling because they had no source of income,  a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!
You ask who would enjoy that? The answer is everyone, have you bought a video game, watched a movie, paid for a streaming app or even bought food at a restaurant to have a good time with your friends? If yes, then how are those activities any different from gambling? As you are willing to use some money in order to obtain entertainment.

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

And about your question the second option is my choice since I gamble to get fun, then whatever profits which come to me in a single session are a welcome sight, since I think of those profits as potential free bets or if the profits were large enough I think of them as a free gambling session.
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July 24, 2023, 04:00:41 AM
 #38

I have heard and read about people gambling because they had no source of income,  a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

Whatever the amount. I usually just put out random odds/multiples when it comes to casinos, whatever goes really. I guess the most that I could find that would describe the scenario OP wants is during crash, the game forces you to risk it to wait for bigger wins, and in my instance, I usually try to challenge and reach high rewards, since well, it's fun in that way imo. A different thing when it comes to sports gambling though, I usually look at the teams, not the possible wins. Dark horses do win, but the keyword is at times, only at times.

I don't take into account my financial needs when gambling. Kinda dumb to do so.

R


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July 24, 2023, 04:13:07 AM
 #39

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

Not really. In my case, what I do is deposit a certain amount and place small bets, like at least 1/20th of the deposited amount. I don't look so much at the potential winning amount, although I prefer high risk high potential reward bets. But since I bet with money that I don't need, if I win, fine, but it's not that I have a certain need to win X amount by betting.

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July 24, 2023, 04:45:08 AM
 #40

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

I bet according to what I can only afford to lose and not because i'm aiming for a huge win. Well it's really nice to be lucky and hit a jackpot but placing bets because you have a target amount to win is not a good idea. Though this depends on the gambler itself on how he/she manage his bankroll.

If your goal is a huge gains then you also need to put a decent amount at stake. Therefore when the situation is not favor in you then it can result to more losses. So it's better to place a bet (that you can afford) because it can turn to huge amount if you're playing a certain game (like slot) that can possibly give a high multiplier and of course a big win.

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