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Author Topic: As a gambler do you have a potential winning amount limit?  (Read 2960 times)
lienfaye
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August 08, 2023, 08:50:41 AM
 #161

But not everyone who seeks pleasure from gambling also expects to win because some gamblers deliberately look for games that are more exciting or more entertaining without thinking about whether it will result in a win or not.
We know that most gamblers are really looking for victory, but there's also no doubt that winning is difficult to get, so the most important thing is to feel happy and satisfied.
If you're a type of gambler with a main desire of having fun and winning is just a bonus, then that's good because you won't likely experience a problem related to your gambling activity. Because the usual problem of gamblers are unable to accept the fact that they lose their money in gambling. It's the start of trying to recover the losses and spending what they can't afford to lose.

If it's easy to win, then it's not a problem if you have the desire to win big.
I'm a little confused by those who are too obsessed with big wins to be willing to do anything to have this opportunity.
The thought that you can win big if you gamble your money is really tempting. Who don't want to win right? But it's a must that we have self-control so we can limit ourselves on how much to bet, and not to aim the winning amount based on our financial needs.

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August 08, 2023, 09:38:27 AM
 #162

I am one of those gamblers that are doing it for fun, because I believe only a very small percentage of people EVER profit from gambling. Yes, there are some professional Poker players and people betting professionally on Sports, that might be making some good money... but most of the other people lose lots of money.

I started out dreaming of the huge Jackpot or the max wins that I might be getting and quickly realized that say 1% of people get that opportunity... the rest of the people are funding those wins.  Roll Eyes

At least we have the same concept of gambling, that we do it just for fun regardless of winning or losing. in fact, I have the same opinion with the point you said. that there are some gamblers out there who make money from their gambling, whether they are Poker professionals, or people who bet professionally on Sports. In essence, they have expertise in their respective fields.

Well, should I agree with the second point you said. but at least, what you say makes sense.

Well, I will try to interpret that what you mean is casino games, especially slot games. as you say, I agree with your simple logic. although in truth, we can discuss it further, even debate it. Despite all that, I prefer sports betting. for me, the chances of winning are much higher than other bets. although in fact, every gambling game has its own uniqueness. it's just, I'm more talented at football. auto, I prefer to bet on this gamble. To be honest, besides I get entertainment from watching matches, I get adrenaline from the bets that I make. related to winning or losing, is something commonplace.

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August 08, 2023, 11:02:57 AM
 #163

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?

Relying on gambling as source of financial need is very bad idea because you might suffer more losses than getting extra money for your financial needs. It’s better to save the money instead of placing it on gambling.

I always have a target profit which is x2 of my bankroll. No matter what is my bankroll. Potential profit is least of your concern in gambling since you might be prioritizing stop loss when playing since there’s a high chance of losing than winning.

Indeed.

Having gambling as your main source of income is really a bad move because you might end up losing more instead of what you will gain because of the risks that comes along with it. Gambling is a risky income generator if you plan to make it one. You shouldn't even consider it to begin with because gambling is more fun and could give you less stress if you just do it for fun and not for profit.

But if a person really insists to make it as an sideline, then one must also prepare for the possible risks of drawbacks such as losses and being dependent on it with prolonged gambling habit or routine. Though for me, it's still best to have a stable source of income such as regular day job.
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August 08, 2023, 04:48:19 PM
 #164

But not everyone who seeks pleasure from gambling also expects to win because some gamblers deliberately look for games that are more exciting or more entertaining without thinking about whether it will result in a win or not.
We know that most gamblers are really looking for victory, but there's also no doubt that winning is difficult to get, so the most important thing is to feel happy and satisfied.
If you're a type of gambler with a main desire of having fun and winning is just a bonus, then that's good because you won't likely experience a problem related to your gambling activity. Because the usual problem of gamblers are unable to accept the fact that they lose their money in gambling. It's the start of trying to recover the losses and spending what they can't afford to lose.

If it's easy to win, then it's not a problem if you have the desire to win big.
I'm a little confused by those who are too obsessed with big wins to be willing to do anything to have this opportunity.
The thought that you can win big if you gamble your money is really tempting. Who don't want to win right? But it's a must that we have self-control so we can limit ourselves on how much to bet, and not to aim the winning amount based on our financial needs.
Only a few are gambling for entertainment purposes and for sure mostly are into profit. The impression of getting rich quickly is sinply tempting players to bet more and to play more.

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?

Relying on gambling as source of financial need is very bad idea because you might suffer more losses than getting extra money for your financial needs. It’s better to save the money instead of placing it on gambling.

I always have a target profit which is x2 of my bankroll. No matter what is my bankroll. Potential profit is least of your concern in gambling since you might be prioritizing stop loss when playing since there’s a high chance of losing than winning.

Indeed.

Having gambling as your main source of income is really a bad move because you might end up losing more instead of what you will gain because of the risks that comes along with it. Gambling is a risky income generator if you plan to make it one. You shouldn't even consider it to begin with because gambling is more fun and could give you less stress if you just do it for fun and not for profit.

But if a person really insists to make it as an sideline, then one must also prepare for the possible risks of drawbacks such as losses and being dependent on it with prolonged gambling habit or routine. Though for me, it's still best to have a stable source of income such as regular day job.
Also, is there such thing as continuous profit in gambling? Even player for years are losing bigtime especially if "it's not their day". Their consistency and analysis just somehow overpowers their loss which creates profit. There making it as your main source of income is possible but hard. Even if you have a large capital it is not easy to achieve 'coz no one controls the outcome of any game no other than fate itself. Gambling can be an additional source of income but will never be advisable to fully rely on it.

And with winning limit, in the long run this would be a better mindset. Yes, there's a possibility to win more especiallt if 'you're feeling it' but consider the other way around. For me, the ideal profit daily is atleast double your capital to make it sustainable and enough to decide whether to stop already. Pushing through could put change your winnings into losses.

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August 08, 2023, 05:21:00 PM
 #165

Gambling should be taken as fun. This will save a gambler from the risk of losing more money. But gambling is no longer limited to fun, even if the gamblers seem fine at the beginning but after a certain period of time they lose their control due to excessive gambling then gambling becomes an addiction. I myself try to stay within a limit when it comes to gambling. Sometimes we cross the prescribed limits which can lead to major disasters. Every gambler needs a limit otherwise he will lose more than gains.

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August 08, 2023, 05:26:20 PM
 #166

I already commented on something similar, in my case I avoid putting a limit on the amount I can win, because I make sports bets and each game has its own odd, the value of the odds can be @1.60 and be one good game in which it would be worth betting, so if the person puts 10$ and the bet is correct, that person will be with 16$, and if there is another good game in which there is an odd of @1.50$ then the ideal would be for the person to bet again 10$ to win 15$, with that the balance of 21$ and after that in the other game the person can already put 10$, this would allow the person to have balance to post 10$ in 2 games

now when the person is greedy and thinks about putting a goal of 50$ per day of profit for example, the person starts to get paranoid and anxious to the point of starting to make multibet bets every day, and with parlay containing more than 5 or 10 games for that person to make a profit of $50, the problem with that is that person will lose every day because multibet bets are much riskier than single bets. so putting some limit on the amount that the person can earn is a big mistake.

just see that for people who play games of chance that depend on luck, things are more difficult, because if the person puts 50$ a day or even 1000$ as a profit target and then that person puts the highest multiplier and puts a very high value in each section, I am sure that person will spend many hours losing money and at the end of a long time when he looks back he will see that he spent much more than 2000$ and did not win anything big, and the losses will be very high, at this time the person starts to feel a lot of regret and there is no way to recover the lost money, if that person thinks about continuing to play to recover the lost money then he will only lose even more money

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August 12, 2023, 03:54:28 AM
 #167

It is somewhat oversimplified. Its interesting to note that some people find the idea of playing for enjoyment and leisure to be appealing. On one level, what you said about not trying to win makes sense, but perhaps not so much on another?

But dont we all play games for both enjoyment and competition? Isnt that what makes us human? Of course, maintaining composure is a very smart course of action, but wouldnt it go against the very nature of gambling to avoid taking risks or striving for success? Really, its a riddle. What you suggest about keeping to the fundamentals is good, yet it could result in a monotonous experience.
But not everyone who seeks pleasure from gambling also expects to win because some gamblers deliberately look for games that are more exciting or more entertaining without thinking about whether it will result in a win or not.
We know that most gamblers are really looking for victory, but there's also no doubt that winning is difficult to get, so the most important thing is to feel happy and satisfied.

If it's easy to win, then it's not a problem if you have the desire to win big.
I'm a little confused by those who are too obsessed with big wins to be willing to do anything to have this opportunity.
And since each person has their own preferences about what they find entertaining then each person may have their own favorite games.

Personally not only I like poker due to the fact it is a complex game in which my skill plays an important role, it is also a game in which there is a lot of camaraderie, as you are not playing on your own and you could be playing with up to nine more people, so it is easy to make new friends and connections that you may not have been able to make otherwise.
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August 12, 2023, 06:46:30 AM
 #168

You know, after a victory, you think you can't lose, but then you do, and everything you gained is wiped out. Your advice to stop when hitting the target is very good and I agree; it is a valuable lesson

However, is it not about more than just greed? Is it not about the thrill, the enthusiasm, and the entire emotional experience? Perhaps it is something deeper and more complex than avarice that drives people to persist. It is comparable to a difficult puzzle in which each element does not quite fit. However, this is all an excellent topic for reflection and provides everyone with something to learn
Thinking that after winning, you can still get another win won't always come true, so we must know and be aware that it is better to stop than to decide to continue playing gambling. The results can differ from what we want because luck will no longer be with us.

And yes, greed comes after a win, especially after a previous win. Our emotions will increase. And if we can't stop immediately, we can lose our previous winnings and won't bring any money. So instead of having a win limit that we have to achieve, we should stop immediately after getting any victory to save ourselves and the money we have earned.
The thing is, even when we know that it is not going to happen all the time, we still do it. After every win that we get, we start thinking that it is not the last one and there is probably another one in the pipeline and that makes us keep gambling and waiting for that win to come but it never happens, and just because it sometimes does, we lose what we have won the other times only with the hope that we might get a bigger one this time and we should continue.

My wife loves playing slots, so she plays slots almost every day. Sometimes she manages to get some big wins, but sometimes none, and when she is winning nothing and gets a big win all of a sudden, she starts to expect another win after that and that makes her gamble away what she has won already, lol.
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August 12, 2023, 09:44:06 AM
 #169

The thing is, even when we know that it is not going to happen all the time, we still do it. After every win that we get, we start thinking that it is not the last one and there is probably another one in the pipeline and that makes us keep gambling and waiting for that win to come but it never happens, and just because it sometimes does, we lose what we have won the other times only with the hope that we might get a bigger one this time and we should continue.

My wife loves playing slots, so she plays slots almost every day. Sometimes she manages to get some big wins, but sometimes none, and when she is winning nothing and gets a big win all of a sudden, she starts to expect another win after that and that makes her gamble away what she has won already, lol.
You are telling the truth because that's how it happened and maybe even that was experienced by other gamblers. And we haven't been able to really stop gambling and leave gambling because gambling is very interesting and we are still waiting for the win to come by continuing to gamble. It is right we lost some money but it was money we could afford to lose on gambling so no problem. But we shouldn't need a winning target to stop and as long as we can get a win, maybe that's the time for us to stop gambling.

But we also don't have to wait for the win because we still determine when it will come. If we feel that we have suffered a bad loss, we should also be able to stop immediately before the money runs out.

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Wexnident
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August 12, 2023, 10:27:58 AM
 #170

Also, is there such thing as continuous profit in gambling? Even player for years are losing bigtime especially if "it's not their day". Their consistency and analysis just somehow overpowers their loss which creates profit. There making it as your main source of income is possible but hard. Even if you have a large capital it is not easy to achieve 'coz no one controls the outcome of any game no other than fate itself. Gambling can be an additional source of income but will never be advisable to fully rely on it.
Sounds like a dream to me. Even businesses have months where profit isn't continuously entering, they have days where net gain is basically zero, maybe even negative. What more with gambling that's luck based. Though I won't deny instances where a person can have a 100% profit gain (no matter the amount) everyday, that would probably require an enormous bankroll before you can even attempt it.

I wouldn't even count gambling as an additional source of income. It's nice if you win, but if not then that's that.

R


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topbitcoin
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August 12, 2023, 01:12:21 PM
 #171

My wife loves playing slots, so she plays slots almost every day. Sometimes she manages to get some big wins, but sometimes none, and when she is winning nothing and gets a big win all of a sudden, she starts to expect another win after that and that makes her gamble away what she has won already, lol.
The big wins we get are a substitute for the losses we experienced before. it's the same thing as you saving up losses so you can get a big win.

It's good when we get a big win, we decide to take a break from gambling activities for a moment to think and plan the money to something more useful or to enjoy the money from the winnings, instead of spending it back on gambling. many of them are gambling players who after getting a big win they can start a new business or own property to support their daily life.

The thing is, even when we know that it is not going to happen all the time, we still do it. After every win that we get, we start thinking that it is not the last one and there is probably another one in the pipeline and that makes us keep gambling and waiting for that win to come but it never happens, and just because it sometimes does, we lose what we have won the other times only with the hope that we might get a bigger one this time and we should continue.

My wife loves playing slots, so she plays slots almost every day. Sometimes she manages to get some big wins, but sometimes none, and when she is winning nothing and gets a big win all of a sudden, she starts to expect another win after that and that makes her gamble away what she has won already, lol.
You are telling the truth because that's how it happened and maybe even that was experienced by other gamblers. And we haven't been able to really stop gambling and leave gambling because gambling is very interesting and we are still waiting for the win to come by continuing to gamble. It is right we lost some money but it was money we could afford to lose on gambling so no problem. But we shouldn't need a winning target to stop and as long as we can get a win, maybe that's the time for us to stop gambling.

But we also don't have to wait for the win because we still determine when it will come. If we feel that we have suffered a bad loss, we should also be able to stop immediately before the money runs out.
I agree with that and I also can't give up gambling because it is part of my enjoyment. I am well aware that I cannot leave gambling, so what I do is control my gambling activities again to minimize losses in them. And also I don't want to leave gambling in a state of great loss, at least I have to get a win before deciding to actually leave gambling.

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Josefjix
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yes


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August 12, 2023, 01:39:15 PM
 #172

But not everyone who seeks pleasure from gambling also expects to win because some gamblers deliberately look for games that are more exciting or more entertaining without thinking about whether it will result in a win or not.
We know that most gamblers are really looking for victory, but there's also no doubt that winning is difficult to get, so the most important thing is to feel happy and satisfied.
We win tremendous amounts depending on the odds provided; there's no need to panic if we have losing streaks; there's still tomorrow to try again. Gambling was never designed to double or become a source of earnings, but rather to occupy our free time and provide satisfaction. We watched and bet on our favorite teams, and we frequently win and lost, which is part of the gambling process; we lose to win. The sooner we realize it, the better, and keep in mind that things don't always go as planned, which is why we need alternatives to served better options.

R


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molsewid
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August 12, 2023, 02:11:07 PM
 #173

We win tremendous amounts depending on the odds provided; there's no need to panic if we have losing streaks; there's still tomorrow to try again. Gambling was never designed to double or become a source of earnings, but rather to occupy our free time and provide satisfaction. We watched and bet on our favorite teams, and we frequently win and lost, which is part of the gambling process; we lose to win. The sooner we realize it, the better, and keep in mind that things don't always go as planned, which is why we need alternatives to served better options.
As a gambler I don't limit myself to the amount of winning, I mean to the amount that I will receive and get throughout the game, what I am limiting is the amount of expense that I will be spending in the game. Expecting earning too much in gambling will lead us to nothing, it will only disappoint us because as we all know there's not guarantee that we will be winning in streak or at least we will in that day.
ethereumhunter
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August 13, 2023, 05:33:11 AM
 #174

I agree with that and I also can't give up gambling because it is part of my enjoyment. I am well aware that I cannot leave gambling, so what I do is control my gambling activities again to minimize losses in them. And also I don't want to leave gambling in a state of great loss, at least I have to get a win before deciding to actually leave gambling.
It's okay if you can't leave gambling for now and gambling is still part of your fun. I do and still gamble, but I try to limit my gambling time so I don't gamble too much and don't spend a lot of money gambling. We really have to control our gambling activities again and must always try to limit them so that we don't forget to stop and don't become addicted to gambling. And only by trying to control ourselves is all we can do so that we really realize that gambling is just for fun in our spare time.

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topbitcoin
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August 13, 2023, 01:09:49 PM
 #175

I agree with that and I also can't give up gambling because it is part of my enjoyment. I am well aware that I cannot leave gambling, so what I do is control my gambling activities again to minimize losses in them. And also I don't want to leave gambling in a state of great loss, at least I have to get a win before deciding to actually leave gambling.
It's okay if you can't leave gambling for now and gambling is still part of your fun. I do and still gamble, but I try to limit my gambling time so I don't gamble too much and don't spend a lot of money gambling. We really have to control our gambling activities again and must always try to limit them so that we don't forget to stop and don't become addicted to gambling. And only by trying to control ourselves is all we can do so that we really realize that gambling is just for fun in our spare time.
In the end it all boils down to self-control to avoid the effects of gambling addiction but I agree on this.

A person can forget about gambling if indeed he has found other pleasures besides playing gambling. And I haven't found another replacement yet.
I often discuss with friends "is there anything more fun than gambling ..?" and the final result of the discussion was "once you enter the world of gambling then you will forever be in it, because it is indeed difficult to find pleasure other than gambling and even if we find it it will not last long until in the end you will return to gambling. The only thing the only way we can really leave and forget about gambling is to keep ourselves as busy as possible so that there is no time to play gambling," But I am unable to do this.

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Gozie51
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August 13, 2023, 01:50:41 PM
 #176

The only thing the only way we can really leave and forget about gambling is to keep ourselves as busy as possible so that there is no time to play gambling," But I am unable to do this.

If you find yourself coming back to gambling after you have left it, it means the person is an addict. Although the reason that most people are stocked in playing gamble is because of multiplier effect that they wish even though some argue that they are gambling for fun but many people too have disagreed to that also. Most people who gamble are people who are less busy and seeking for job so it is a remedy to set a gambler with a job and their rate of gambling will definitely reduce

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ethereumhunter
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August 15, 2023, 05:28:38 AM
 #177

In the end it all boils down to self-control to avoid the effects of gambling addiction but I agree on this.

A person can forget about gambling if indeed he has found other pleasures besides playing gambling. And I haven't found another replacement yet.
I often discuss with friends "is there anything more fun than gambling ..?" and the final result of the discussion was "once you enter the world of gambling then you will forever be in it, because it is indeed difficult to find pleasure other than gambling and even if we find it it will not last long until in the end you will return to gambling. The only thing the only way we can really leave and forget about gambling is to keep ourselves as busy as possible so that there is no time to play gambling," But I am unable to do this.
It's okay if you haven't been able to forget gambling for now and it's true it takes time to find other pleasures. There must be something more fun than gambling and maybe you can try different things to find it. And I agree that we must keep ourselves busy so we don't have time to gamble.

You can still enjoy the present moment until you find other things so you can stop gambling. And if you have found other things that can distract you from gambling, you should stay focused on that or add other things so you don't think about gambling.

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Negotiation
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August 15, 2023, 06:34:20 AM
 #178

The only thing the only way we can really leave and forget about gambling is to keep ourselves as busy as possible so that there is no time to play gambling," But I am unable to do this.

If you find yourself coming back to gambling after you have left it, it means the person is an addict. Although the reason that most people are stocked in playing gamble is because of multiplier effect that they wish even though some argue that they are gambling for fun but many people too have disagreed to that also. Most people who gamble are people who are less busy and seeking for job so it is a remedy to set a gambler with a job and their rate of gambling will definitely reduce
Gambling addiction is so bad that once they become addicted, no matter how hard they try they come back. If once given up then one should try to keep oneself connected. Under no circumstances should one gamble. People are lured and lured into the addiction of gambling in the name of fortune telling. Although it seems light at first, gambling habits can change people at some point so you should avoid gambling for yourself. For this, if you exercise regularly and spend time with friends if you are busy with new work it is possible to get rid of this addiction also if you work you may not have time to gamble.
topbitcoin
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August 15, 2023, 03:06:27 PM
 #179

The only thing the only way we can really leave and forget about gambling is to keep ourselves as busy as possible so that there is no time to play gambling," But I am unable to do this.

If you find yourself coming back to gambling after you have left it, it means the person is an addict. Although the reason that most people are stocked in playing gamble is because of multiplier effect that they wish even though some argue that they are gambling for fun but many people too have disagreed to that also. Most people who gamble are people who are less busy and seeking for job so it is a remedy to set a gambler with a job and their rate of gambling will definitely reduce
Self-discovery is very important so that we can be comfortable when doing everything. And the most important thing is to respect all the decisions we make and the actions we take, if someone still returns to gambling then he is a person who has no determination and cannot respect the decisions he made before.

In the end it all boils down to self-control to avoid the effects of gambling addiction but I agree on this.

A person can forget about gambling if indeed he has found other pleasures besides playing gambling. And I haven't found another replacement yet.
I often discuss with friends "is there anything more fun than gambling ..?" and the final result of the discussion was "once you enter the world of gambling then you will forever be in it, because it is indeed difficult to find pleasure other than gambling and even if we find it it will not last long until in the end you will return to gambling. The only thing the only way we can really leave and forget about gambling is to keep ourselves as busy as possible so that there is no time to play gambling," But I am unable to do this.
It's okay if you haven't been able to forget gambling for now and it's true it takes time to find other pleasures. There must be something more fun than gambling and maybe you can try different things to find it. And I agree that we must keep ourselves busy so we don't have time to gamble.

You can still enjoy the present moment until you find other things so you can stop gambling. And if you have found other things that can distract you from gambling, you should stay focused on that or add other things so you don't think about gambling.
I still enjoy gambling and games in it, rather than me having to regret what I did and when I got into gambling it meant I was ready with all the consequences that were in it. I'm just trying to reset my gambling activity and continue to target to reduce the time of gambling. Even though I can't leave it, at least I can control the gambling activities that I do.

Gambling addiction is so bad that once they become addicted, no matter how hard they try they come back. If once given up then one should try to keep oneself connected. Under no circumstances should one gamble. People are lured and lured into the addiction of gambling in the name of fortune telling. Although it seems light at first, gambling habits can change people at some point so you should avoid gambling for yourself. For this, if you exercise regularly and spend time with friends if you are busy with new work it is possible to get rid of this addiction also if you work you may not have time to gamble.
I'm sure gambling addicts are aware that "they are addicts and gambling is detrimental" but unfortunately after they realize it, they don't do introspection and self-evaluation to be wiser in playing but they ignore this and continue their gambling activities. And later they will realize again "that gambling is dangerous" after they lose everything. Loss of property and family

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August 15, 2023, 03:47:00 PM
 #180

As for myself i don't have because I will be glad to win as much as possible if the opportunity is presented, but i think the gambling platforms will have that in place but they would have disclose their conditions in their policies or ToS, it is very common that we all have the desire to make win on any amount without limit except if set by the casino, i wouldn't hesitate embracing wining big as such found with winning a jackpot in my gambling experience than setting a limit because everyone needs money if the chance is given to make some or get rich through gambling.


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