As a gambler do you have a potential winning amount limit?

[samuraijin]

Gambling will never be reliable enough to give us our financial needs. Some may manage to win and gain significant profits, but most gamblers end up losing their money. That’s why I don’t gamble just because I need a certain amount, or set an amount that I should be winning. I just gamble whenever I have spare cash. If I lost it, at least I enjoyed the game. Or if ever I won, much better. However, as a gambler, we should never set certain amount to win and anticipate more profits. Gambling is always a game of uncertainty, you will never know when to win especially if you’re sucked with frequent losses.

Is it true, all what you said but sometimes when it comes to some specific games like crash, aviator games in some casino I gamble with, I actually do set a limit for my winning because these games are decided within split seconds so having a target will help you know when to actually stop and think of withdrawing your profits.

In my opinion, an enthusiast or just a fad, has the potential to win or lose for each of these two individuals, so if you are a heavy gambler, of course, you already have a record of countless losses even every time you play, because gambling sites, online or offline, will not make  we get rich and on the contrary it will make us worse off, so it's no wonder that many people are mentally ill because of playing gambling, so it would be nice to just play gambling as needed, think of it as just a fad to fill your void on holidays.  so everyone's winning limit may be difficult because everyone will definitely choose to continue winning bets every time they play.

[fullhdpixel]

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.

And how exactly do you determine if you've got the chance or the opportunity to win big when you are gambling? Maybe setting a winning limit might not be necessary but it is important to know when you need to stop and exit, especially when you are winning. Never think that if you have won 20% profit on top of your bankroll, you can win 40% if you keep gambling because that will only make you lose what you have already managed to win which isn't a good thing.

A good gambler will always know when they should stop a specific gambling session and exit with what they have in their account, sometimes you will need to back off even if you are losing so that you can at least save a part of your total bankroll so that you can try your luck again and maybe it works.

[wxa7115]

Well if I can have such thought running in my mind that must be because I am too hunger of the amount of winning I want, like for instance I in any case uses someone's money to gamble and I lose all the money I will be so worried to get back that money and if I started Winning while gambling I will be thinking of getting back that persons money I loses while gambling previously, although this what make so many people lose more they are supposed to lose while trying to get back the lost money from gambling.

Absolutely,That a crucial aspect of human psychology when it comes to gambling. The desire to win and recoup losses can often lead us down a dangerous path. It's a natural inclination to want to recover the money we've lost, but this can quickly escalate into a cycle of chasing losses and making irrational decisions. In the end, we have to remember, when we are making any bet, we should always be approached as a form of entertainment rather than to recoup losses or make a profit. Staying with that, will bringing us to problematic behavior.

This is spot on, it is completely irrational to try to recover our losses, think about it if you go to a restaurant to buy some food and have a good time with your friends once you pay for your share would you ask for your money back to the restaurant?

Of course not, you were provided a service and some food which you consumed and you have to pay for them, and casinos are the same, you received a service for which you paid so it is ridiculous to think you can get away with trying to get that money back.

[masulum]

This is spot on, it is completely irrational to try to recover our losses, think about it if you go to a restaurant to buy some food and have a good time with your friends once you pay for your share would you ask for your money back to the restaurant?

Of course not, you were provided a service and some food which you consumed and you have to pay for them, and casinos are the same, you received a service for which you paid so it is ridiculous to think you can get away with trying to get that money back.

The contrast between your topic and the concept of gambling I discussed earlier is different. Dining at a restaurant does not offer the possibility of winning money. Gambling provides an opportunity to win. No gambler, expects a refund from the casino after losing. Instead, they will start to making another deposit or increase their bets more and more after every loss. This pattern continues until they lose everything, driven by the hope of a big win to offset previous losses. Unfortunately, this strategy often results in an inability to recover losses, fueled by a misguided belief that big wins can offset previous losses.

[len01]

This is spot on, it is completely irrational to try to recover our losses, think about it if you go to a restaurant to buy some food and have a good time with your friends once you pay for your share would you ask for your money back to the restaurant?

Of course not, you were provided a service and some food which you consumed and you have to pay for them, and casinos are the same, you received a service for which you paid so it is ridiculous to think you can get away with trying to get that money back.

The contrast between your topic and the concept of gambling I discussed earlier is different. Dining at a restaurant does not offer the possibility of winning money. Gambling provides an opportunity to win. No gambler, expects a refund from the casino after losing. Instead, they will start to making another deposit or increase their bets more and more after every loss. This pattern continues until they lose everything, driven by the hope of a big win to offset previous losses. Unfortunately, this strategy often results in an inability to recover losses, fueled by a misguided belief that big wins can offset previous losses.

I see from this discussion seems to be that @masulum intention is that gambling cannot be equated with a food restaurant because gamblers who bet do not expect their money back but gambling sometimes give a lucky chance to get a big win even though it is not equivalent to the previous loss but at least the gambler can get this opportunity.
but it seems that @wxa7115 judges that gambling is like restaurant food when we come to eat and pay to the cashier for the food we have eaten and it is impossible to ask the cashier to return the money unless maybe the restaurant gives a ticket every purchase will get a number of cash draws or any gift. with this, maybe it can be almost similar to gambling because people come to look for what they are looking for and after that there is another hope of getting a win, such as people going to restaurant waiting for prize ticket to be drawn and gamblers waiting for the chance to get a win.

[Fivestar4everMVP]

Well if I can have such thought running in my mind that must be because I am too hunger of the amount of winning I want, like for instance I in any case uses someone's money to gamble and I lose all the money I will be so worried to get back that money and if I started Winning while gambling I will be thinking of getting back that persons money I loses while gambling previously, although this what make so many people lose more they are supposed to lose while trying to get back the lost money from gambling.

Absolutely,That a crucial aspect of human psychology when it comes to gambling. The desire to win and recoup losses can often lead us down a dangerous path. It's a natural inclination to want to recover the money we've lost, but this can quickly escalate into a cycle of chasing losses and making irrational decisions. In the end, we have to remember, when we are making any bet, we should always be approached as a form of entertainment rather than to recoup losses or make a profit. Staying with that, will bringing us to problematic behavior.

Chasing after loses starts by a gambler gambling or betting above what he or she can afford to lose, i believe this is where to whole problem starts from, losing an amount one can not afford to lose is what triggers the emotion or desire to want to fight back and recover back lost funds, unfortunately in gambling, money gone is gone, and if you are ever going to recover that money back, you have to use fresh money , and the chances of losing that fresh money too is also as high as it was when the older money was lost.

The best way to avoid the temptation of wanting to go after loses, is to try as much as possible to always and only gamble with the amount we can comfortably lose without being worried about it, when we lose money that mean nothing to us, the desire to want to get such money back will never arise, but when we lose money that we cant really afford losing, desire to want to chase and try to win it back becomes really high, and this is how some gamblers end up becoming gambling addicts , and living a very frustrated live.

[rachael9385]

Well if I can have such thought running in my mind that must be because I am too hunger of the amount of winning I want, like for instance I in any case uses someone's money to gamble and I lose all the money I will be so worried to get back that money and if I started Winning while gambling I will be thinking of getting back that persons money I loses while gambling previously, although this what make so many people lose more they are supposed to lose while trying to get back the lost money from gambling.

Absolutely,That a crucial aspect of human psychology when it comes to gambling. The desire to win and recoup losses can often lead us down a dangerous path. It's a natural inclination to want to recover the money we've lost, but this can quickly escalate into a cycle of chasing losses and making irrational decisions. In the end, we have to remember, when we are making any bet, we should always be approached as a form of entertainment rather than to recoup losses or make a profit. Staying with that, will bringing us to problematic behavior.

Chasing after loses starts by a gambler gambling or betting above what he or she can afford to lose, i believe this is where to whole problem starts from, losing an amount one can not afford to lose is what triggers the emotion or desire to want to fight back and recover back lost funds, unfortunately in gambling, money gone is gone, and if you are ever going to recover that money back, you have to use fresh money , and the chances of losing that fresh money too is also as high as it was when the older money was lost.

The best way to avoid the temptation of wanting to go after loses, is to try as much as possible to always and only gamble with the amount we can comfortably lose without being worried about it, when we lose money that mean nothing to us, the desire to want to get such money back will never arise, but when we lose money that we cant really afford losing, desire to want to chase and try to win it back becomes really high, and this is how some gamblers end up becoming gambling addicts , and living a very frustrated live.

Yes mate that's correct you said something that sweeten me too well, you said money gone is gone and that's right, we can't get our lose money from gambling at that same time, if we have to get our lost money yes we need fresh money to get it back and we as still not guaranteed if we will get it back or not, now even if we want to use fresh money to get back our lost money from gambling I don't think it's will be that same time or period, for me I will say going back home and coming back letter is the best idea for it, why because at that time while you have lost big amount of money in gambling you will be so worried to get it back and your brain will be filled up with anguish so you cant concentrate on what you are about to stake no matter your attentiveness.

[freedomgo]

This is spot on, it is completely irrational to try to recover our losses, think about it if you go to a restaurant to buy some food and have a good time with your friends once you pay for your share would you ask for your money back to the restaurant?

Of course not, you were provided a service and some food which you consumed and you have to pay for them, and casinos are the same, you received a service for which you paid so it is ridiculous to think you can get away with trying to get that money back.

The contrast between your topic and the concept of gambling I discussed earlier is different. Dining at a restaurant does not offer the possibility of winning money. Gambling provides an opportunity to win. No gambler, expects a refund from the casino after losing. Instead, they will start to making another deposit or increase their bets more and more after every loss. This pattern continues until they lose everything, driven by the hope of a big win to offset previous losses. Unfortunately, this strategy often results in an inability to recover losses, fueled by a misguided belief that big wins can offset previous losses.

I get what he is trying to say but he just had a wrong comparison because it's irrational to compare gambling and a food from the restaurant. Bottom line is, most gamblers tend to chase on their losses because they thought that it's one of the underrated tricks to win but what they don't know that it is the exact opposite of it as that road will just end with more losses because gambling doesn't have any certainties, I mean, why would you chase on something you don't have any control with? What gives you the idea that it will go back to just because you chase for it. Instead, you make a deposit and have a fresh game without even thinking of those losses because that will never go back to you.

[maydna]

Yes mate that's correct you said something that sweeten me too well, you said money gone is gone and that's right, we can't get our lose money from gambling at that same time, if we have to get our lost money yes we need fresh money to get it back and we as still not guaranteed if we will get it back or not, now even if we want to use fresh money to get back our lost money from gambling I don't think it's will be that same time or period, for me I will say going back home and coming back letter is the best idea for it, why because at that time while you have lost big amount of money in gambling you will be so worried to get it back and your brain will be filled up with anguish so you cant concentrate on what you are about to stake no matter your attentiveness.

We might be able to try to get or recover money lost in gambling, but it certainly won't be easy because we can even lose even more money, especially if we can't manage the time to gamble. And if you decide to use more money or deposit more money, it will also not make it easier for you to recover the money because your emotions will increase. In the end, you will lose self-control, resulting in you rushing to place the bet money. It can give bad results for you where you can experience defeat and lose all the money you just deposited. And of course, you will experience sadness because you have lost all the money you have without being able to recover the money. It is a lesson for all those who want to gamble that once self-control is lost, we can gamble without thinking about the remaining money we have.

[letteredhub]

This is spot on, it is completely irrational to try to recover our losses, think about it if you go to a restaurant to buy some food and have a good time with your friends once you pay for your share would you ask for your money back to the restaurant?

Of course not, you were provided a service and some food which you consumed and you have to pay for them, and casinos are the same, you received a service for which you paid so it is ridiculous to think you can get away with trying to get that money back.

The contrast between your topic and the concept of gambling I discussed earlier is different. Dining at a restaurant does not offer the possibility of winning money. Gambling provides an opportunity to win. No gambler, expects a refund from the casino after losing. Instead, they will start to making another deposit or increase their bets more and more after every loss. This pattern continues until they lose everything, driven by the hope of a big win to offset previous losses. Unfortunately, this strategy often results in an inability to recover losses, fueled by a misguided belief that big wins can offset previous losses.

I see from this discussion seems to be that @masulum intention is that gambling cannot be equated with a food restaurant because gamblers who bet do not expect their money back but gambling sometimes give a lucky chance to get a big win even though it is not equivalent to the previous loss but at least the gambler can get this opportunity.
but it seems that @wxa7115 judges that gambling is like restaurant food when we come to eat and pay to the cashier for the food we have eaten and it is impossible to ask the cashier to return the money unless maybe the restaurant gives a ticket every purchase will get a number of cash draws or any gift. with this, maybe it can be almost similar to gambling because people come to look for what they are looking for and after that there is another hope of getting a win, such as people going to restaurant waiting for prize ticket to be drawn and gamblers waiting for the chance to get a win.

@len01 I am fascinated to know how many restaurants does that ticketing stuff with their customers cause it's gonna cost them a lot of money shortchanging their profits, maybe except it just for a short while that the restaurant decides to pull such string by way of promos to their customers.

@wxa7115 using restaurant in contrast to the discussion is just something outside the context IMO, because I risk nothing going to a restaurant to dine, I pay for the food and with 100% assurance that my food will be served to me but for gambling I place my bet (more like paying for my bet) buy with not 100% assurance that I will get a win (more like saying not assured that I'll be served my food.

[alegotardo]

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 people who "lose money" going to the cinema, others to a restaurant, or to the bar with friends every weekend, why would people not want to lose money just for the pleasure of having fun in a casino or online game?
The only difference I see in the latter is that the person has a "possibility" to earn money back, but that shouldn't change the main objective, which is TO HAVE FUN.

Anyway, I would just like to correct this "distorted" view that most people have nowadays about aar games, thinking that we (those who "lose money" just for fun) are the ones who are wrong just because we are a minority .

[DoublerHunter]

~snip~
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?

^In my own opinion, many gamblers do indeed fall into the pattern, chasing losses in the hope of a big win that would compensate for previous losses. This behavior is often fueled by a psychological phenomenon known as the (gambler's fallacy) which leads individuals to believe that past losses increase the likelihood of a future win. I think the belief that a major win will (cancel out) earlier losses can be misleading, as the odds of winning in gambling are typically structured in favor of the house. However, everything has its own decision about this.

[goinmerry]

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?

Either way, different people have different views about how much should be the potential win.

I'm sure that most gamblers do have a set winning amount prior to starting a certain gambling session. But when that target winning is already reached, it will come to the question if they will continue or not. Why should stop in the first place if they feel lucky? Then they will continue.

The reality of gambling is, it's really hard to fulfill the satisfaction especially when winning. We will continue no matter what and will enjoy the game more. I know most of us here think that we shouldn't stop playing once we are lucky even we already reached a potential win and should cash it out.

The temptation to continue is really always there once winning. Therefore, our problem here is ourselves.

[Fredomago]

~snip~
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?

^In my own opinion, many gamblers do indeed fall into the pattern, chasing losses in the hope of a big win that would compensate for previous losses. This behavior is often fueled by a psychological phenomenon known as the (gambler's fallacy) which leads individuals to believe that past losses increase the likelihood of a future win. I think the belief that a major win will (cancel out) earlier losses can be misleading, as the odds of winning in gambling are typically structured in favor of the house. However, everything has its own decision about this.

Good analysis, once you chase your losses it will lead you to go deeper, your engagement will take you long time hoping that you may take care of your previous losses and you will be able to hit that odd that may cover everything and adds up some decent amount of profits. It's tough to control when you already have that kind of thinking.

Some may have good control, while more of those gamblers can't resist the urgency of gambling. They fall into this and instead of staying with the set limits, they mostly exceed.

[LUCKMCFLY]

This is spot on, it is completely irrational to try to recover our losses, think about it if you go to a restaurant to buy some food and have a good time with your friends once you pay for your share would you ask for your money back to the restaurant?

Of course not, you were provided a service and some food which you consumed and you have to pay for them, and casinos are the same, you received a service for which you paid so it is ridiculous to think you can get away with trying to get that money back.

The contrast between your topic and the concept of gambling I discussed earlier is different. Dining at a restaurant does not offer the possibility of winning money. Gambling provides an opportunity to win. No gambler, expects a refund from the casino after losing. Instead, they will start to making another deposit or increase their bets more and more after every loss. This pattern continues until they lose everything, driven by the hope of a big win to offset previous losses. Unfortunately, this strategy often results in an inability to recover losses, fueled by a misguided belief that big wins can offset previous losses.

I get what he is trying to say but he just had a wrong comparison because it's irrational to compare gambling and a food from the restaurant. Bottom line is, most gamblers tend to chase on their losses because they thought that it's one of the underrated tricks to win but what they don't know that it is the exact opposite of it as that road will just end with more losses because gambling doesn't have any certainties, I mean, why would you chase on something you don't have any control with? What gives you the idea that it will go back to just because you chase for it. Instead, you make a deposit and have a fresh game without even thinking of those losses because that will never go back to you.

I am very realistic, I do not have false illusions, I am a gamer ruq has no limit because obviously the game beats me, in the end the game beats you as a player, so if I start to demand myself to look for very large profits to Even getting alive I'm going to spend a lot of money, and that's not what matters either, what matters here is that things can be done with our money to benefit us, I can't be a millionaire thanks to a casino, I don't see it as possible because of my bets They are not big nor are they with tremendous balances, as I have seen that some players make here, some players are very efficient in their bets, and I do not have much money or too much expert sopu and I believe that here if I try to play as if I were an expert , I take my loss at once, so what I do is read, learn and apply what many players do, the behaviors that they do in some games is what I do, I am not repeating many patterns, nor do I go through it In fact, the fact that I go to a casino and bet big, no, never, and that goes with me, there is no self-control there because it is good to know what I am getting myself into.

In this aspect, many things could be said, among the first that I will never establish a profit limit, I do not have the level to do so, because for that I would have to think about spending very large amounts of money in a casino, which I really would not , and in another aspect I see betting as much Easier , but betting on sports betting and there was room for everything , because I couldn't say what my limit would be, because it is also something that does not depend only on me, and that sometimes the strong factor has a lot to do with it, especially in sports such as football that are currently Obtaining results that we do not expect, the most logical results sometimes do not occur and in the event that I am very sure of making a bet on a team , I would be able to put enough money into it, to win quite a lot, that's why I don't know how much I would be able to bet to establish a goal, and I think it is something that I would not Recommend to anyone Either.

[len01]

@len01 I am fascinated to know how many restaurants does that ticketing stuff with their customers cause it's gonna cost them a lot of money shortchanging their profits, maybe except it just for a short while that the restaurant decides to pull such string by way of promos to their customers.

wait a minute, do not misunderstand what Im saying because Im just explaining from some of the discussion. even though I will answer it may look OOT but so that it is clear I will answer it.
so its not a matter of how many restaurants sell tickets to their customers but its just like an example. because sometimes restaurants that have just opened have promotions to attract more customers by giving tickets for every purchase and drawing lots every time that is determined to give other prizes not just money.

as I said earlier if this is just an example lets take another example of gambling. because it is impossible for us to ask for our money back from gambling, but we do have the opportunity when we are lucky to get a number of wins that we can get.

[btc_angela]

~snip~
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?

^In my own opinion, many gamblers do indeed fall into the pattern, chasing losses in the hope of a big win that would compensate for previous losses. This behavior is often fueled by a psychological phenomenon known as the (gambler's fallacy) which leads individuals to believe that past losses increase the likelihood of a future win. I think the belief that a major win will (cancel out) earlier losses can be misleading, as the odds of winning in gambling are typically structured in favor of the house. However, everything has its own decision about this.

Good analysis, once you chase your losses it will lead you to go deeper, your engagement will take you long time hoping that you may take care of your previous losses and you will be able to hit that odd that may cover everything and adds up some decent amount of profits. It's tough to control when you already have that kind of thinking.

Some may have good control, while more of those gamblers can't resist the urgency of gambling. They fall into this and instead of staying with the set limits, they mostly exceed.

It's really a curse when we won already but it's not enough because we wanted more and chase our losses in the previous days, and if that happens, instead of having some money in the pocket already, then you continue to play.

And we all know that the odds are not going to be on our side because the longer we play, the greater that chance to lose that money again. So we should take control of our emotions and says stop if we have won already. No need to continue, maybe the next day you can go out again and play but do not stretch your luck as it might run out very fast.

[rhomelmabini]

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?

For me, any amount will do as long as it was the lucky amount I've won. I don't know what you mean by "betting by weight of financial needs" but is that you should be betting base on your portfolio amount or the maximum winning amount you need to stop gambling?

[radjie]

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.

And how exactly do you determine if you've got the chance or the opportunity to win big when you are gambling? Maybe setting a winning limit might not be necessary but it is important to know when you need to stop and exit, especially when you are winning. Never think that if you have won 20% profit on top of your bankroll, you can win 40% if you keep gambling because that will only make you lose what you have already managed to win which isn't a good thing.

A good gambler will always know when they should stop a specific gambling session and exit with what they have in their account, sometimes you will need to back off even if you are losing so that you can at least save a part of your total bankroll so that you can try your luck again and maybe it works.

Maybe that will apply to those who can limit their winnings, but for people who are too greedy when they experience victory, they will continue to bet to produce a bigger win ratio by doubling the bet.  Because of this, most gamblers went bankrupt because many dared to bet bigger than before when they already tasted victory

[Twentyonepaylots]

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?

When I first tried gambling, I had this notion that I could always win a certain amount of money each day. Specifically, I thought I could win around $50 to $100 every day. However, my experience turned out to be quite different. I did win for five consecutive days while playing in an online casino, but it was very difficult for me to win even just $10 in the next few days. This made me realize that gambling should not be considered as a reliable source of income. It should only be done for leisure purposes, and only if you have extra money to spare. After all, we all know that gambling is not always the best way to earn easy money.