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Author Topic: Know when to ride and stop!  (Read 1165 times)
ethereumhunter
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January 20, 2024, 06:30:50 AM
 #161

Both outcomes needs to have a good set up when in terms of stopping like what you just mentioned, even in the winning side you should know when to stop not just when you are losing, having that kind of mindset will let you enjoy your gambling activities, it's a matter of how well you can control yourself and how good you are in riding with your own luck.

There are good and wise gambler who knows how to deal with every situation, knowing that luck is not alway around even how good you are in anlyzing the game you are involved with.

It's always you will to stop and how you will continue controlling such will to manifest with a good outcome.
Well, that's why every gambler must know what they have to do and also know when they are gambling and when they should stop gambling. By having a mindset like that, the gambler will not experience any problems and can control himself well so that he can enjoy gambling. This requires mindset training so that he can maintain himself well while gambling.

And if they can be wise in using gambling, they will know that when gambling, it is difficult to win so they must be able to see the situation if it is not possible to continue gambling. They can also make decisions based on the situation they are experiencing so that they will not gamble excessively.

Indeed, there is always a desire to continue gambling, whatever the results they get, but they can suppress that desire so that it doesn't take over. They will also consider gambling as just entertainment.

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January 20, 2024, 08:46:20 AM
 #162


It's always a gut feeling when you feel like you are lucky the day you start betting. For some gamblers, the more they double down when they lose money in hopes that luck may soon change.

Gradually increasing the bet is not what is being taught in most of the strategies. Betting $30 or $45 is not the kind of gambler who only wants entertainment, he surely are looking for profit. Congrats on getting up to $400
Profits is always the end result every gambler would want to have and that's the true whether we like it or not because without profits I can say the gambler is actually just playing to fill of his time of doing nothing or like you folks put it "for entertainment". But the one mistake that most gamblers do is that once the winning starts coming they don't relent and know that there is actually a time that they would need to stop and actually take profits to the little one they have made.
That is how it changes the gambling behavior of a gambler as they think they could win more in the next few days.
These days, gambling is not anymore a sort of entertainment for most gamblers but they consider this as a sort of income resource. It was difficult to say but more gamblers got addicted to gambling. Knowing when to stop is not on their mind but what is inside is to win and recover their losses.

That is why it is very important to control ourselves in gambling for this would be the reason for undesirable experiences.

R


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January 20, 2024, 09:18:55 AM
 #163

That is why it is very important to control ourselves in gambling for this would be the reason for undesirable experiences.


Control and discipline, that's the keywords of a successful gambling. Losing is inevitable, but without control we might experience the worst experience in gambling, and that is losing more than we can afford to lose. It's okay to lose, we know it will happen from time to time, but we should be discipline enough to follow the game plan, risk according to our limit only, if we lose, just call it a day.

Some of us are gambling even in the first place we can't afford, main reason is we aren't making enough money to live a comfortable life, so with that, gambling should not be part of our funds budgeting as that will only ruin our financials in life.

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January 20, 2024, 10:42:55 AM
 #164

Both outcomes needs to have a good set up when in terms of stopping like what you just mentioned, even in the winning side you should know when to stop not just when you are losing, having that kind of mindset will let you enjoy your gambling activities, it's a matter of how well you can control yourself and how good you are in riding with your own luck.

There are good and wise gambler who knows how to deal with every situation, knowing that luck is not alway around even how good you are in anlyzing the game you are involved with.

It's always you will to stop and how you will continue controlling such will to manifest with a good outcome.
Well, that's why every gambler must know what they have to do and also know when they are gambling and when they should stop gambling. By having a mindset like that, the gambler will not experience any problems and can control himself well so that he can enjoy gambling. This requires mindset training so that he can maintain himself well while gambling.

And if they can be wise in using gambling, they will know that when gambling, it is difficult to win so they must be able to see the situation if it is not possible to continue gambling. They can also make decisions based on the situation they are experiencing so that they will not gamble excessively.

Indeed, there is always a desire to continue gambling, whatever the results they get, but they can suppress that desire so that it doesn't take over. They will also consider gambling as just entertainment.
A matter of being wise and in-control on every situation,  it's not easy though but that's the purpose of having experienced and use it as a good advantage to pick the right decision,  there are gamblers who have that good mindset and capable to stop whenever they needed,  they are good in adjusting and they are really keen in minimizing losses and maximizing their potential earnings, 

but, challenges against tour emotions and greed are always that hindrances whenever you take you position and decides when you need it to be more positive for your own sake.

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January 20, 2024, 11:16:00 AM
 #165

That is why it is very important to control ourselves in gambling for this would be the reason for undesirable experiences.


Control and discipline, that's the keywords of a successful gambling. Losing is inevitable, but without control we might experience the worst experience in gambling, and that is losing more than we can afford to lose. It's okay to lose, we know it will happen from time to time, but we should be discipline enough to follow the game plan, risk according to our limit only, if we lose, just call it a day.

Some of us are gambling even in the first place we can't afford, main reason is we aren't making enough money to live a comfortable life, so with that, gambling should not be part of our funds budgeting as that will only ruin our financials in life.

The most correct way would be to understand how much a player is willing to give for entertainment in the gambling world. And it is later to correlate this amount with the one that can be spent at an amusement park, for example. For example, it's $20. And now you can compare what will bring more fun: spend it on gambling or on attractions. At the same time, one should not think that gambling is better because there is a win there. This is because with the right approach to gambling, a player should not expect to win at all. This will avoid upset moods if the balance quickly becomes equal 0.

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January 20, 2024, 12:13:00 PM
 #166



The most correct way would be to understand how much a player is willing to give for entertainment in the gambling world. And it is later to correlate this amount with the one that can be spent at an amusement park, for example. For example, it's $20. And now you can compare what will bring more fun: spend it on gambling or on attractions. At the same time, one should not think that gambling is better because there is a win there. This is because with the right approach to gambling, a player should not expect to win at all. This will avoid upset moods if the balance quickly becomes equal 0.

If we don't consider winning in gambling, then what is the essence of playing if our mind is just centered on Lossing all that we put in. In fact this idea of yours will only make a person to give up gambling. The fun in gambling doesn't come when you loss your bets, in come when you win and loss at the same time. Majority of the time we gamble, we tend to loss our bet for like 5 strike losses but just one win could cover up all the loses you have encountered, and that is the true definitely of having fun in gambling.
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January 20, 2024, 12:34:12 PM
 #167



The most correct way would be to understand how much a player is willing to give for entertainment in the gambling world. And it is later to correlate this amount with the one that can be spent at an amusement park, for example. For example, it's $20. And now you can compare what will bring more fun: spend it on gambling or on attractions. At the same time, one should not think that gambling is better because there is a win there. This is because with the right approach to gambling, a player should not expect to win at all. This will avoid upset moods if the balance quickly becomes equal 0.

If we don't consider winning in gambling, then what is the essence of playing if our mind is just centered on Lossing all that we put in. In fact this idea of yours will only make a person to give up gambling. The fun in gambling doesn't come when you loss your bets, in come when you win and loss at the same time. Majority of the time we gamble, we tend to loss our bet for like 5 strike losses but just one win could cover up all the loses you have encountered, and that is the true definitely of having fun in gambling.
I can proudly say that there is no gambler that will not put winning in his or her mind... As long as gambling is consern, even if you want to gamble for fun there will be an extents whereby the games you stake on will be going the opposite way of what you have predicted and the next thing that will come up in your mind is for the game to play just the way you have predict it.
Although most gambler will not think about the losing or the winning but there will always be a time when they will think to win.
No body will want to lose their hard earned money just because they want to have fun.

R


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January 20, 2024, 12:59:50 PM
 #168

This has always been what use to deceive gamblers that gambling is about luck and they risk their game by continuing playing. Instead of some people to stop playing when they have gotten to a level whereby they can go with the money they have won so far they prefer to continue playing having the mindset that they still have the luck to win the remaining game.  Luck in gambling can't be predicted but always come as a surprise. 

It is important to know when is the right time to stop in gambling,  and never to allow greed to make you feel their is much guarantee of winning the game to the end, continuing playing till the end can end up losing everything.
I agree that not knowing the right time to gamble puts you at greater risk. Therefore besides knowing the right time you have to think about the loss. Avoid greed and never expect big wins go through little and be consistent. Gamblers who become greedy never win so much is lost that they can never be recovered greedy gamblers do not consider the right time. If you think that you will win even if you bet you will be full of disappointment towards the end. If you understand the risk of gambling the damage will be reduced.
Greed does put a lot of hamper into ones gambling, and their winnings as well. Not knowing when to stop is such a common thing, some people get so much ahead, like turn it multiple times higher than what they have won, and yet they still lose it all.

I remember there was a guy who made 200 dollars and turned it into 200k, he wasn't some poor guy, he was betting 200 dollars per bet, that's a rich person anyway, but he turned 200 into 200k, so that feels like it should be something that would be a lot more important. What happened after that? He lost all 200k and then some more. Because he saw that he won, so he wanted to keep going, even upped his betting and that is the most important part of the deal at the moment, stop when you are ahead.

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January 20, 2024, 01:15:41 PM
 #169

~snip~

In my opinion, your strategy uses several techniques from the Martingale strategy, which does not really work as it is understood by beginners. In addition, as I understand your strategy is partly about sensing the algorithm for winning, but not everyone has such sensitivity, and even if they do, we all know that the algorithm can change over time, so I think that this strategy will not allow you to win in the long run, like many other strategies.

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January 20, 2024, 01:56:44 PM
 #170

~snip~

In my opinion, your strategy uses several techniques from the Martingale strategy, which does not really work as it is understood by beginners. In addition, as I understand your strategy is partly about sensing the algorithm for winning, but not everyone has such sensitivity, and even if they do, we all know that the algorithm can change over time, so I think that this strategy will not allow you to win in the long run, like many other strategies.
Being responsible is still the best approach and for me the best strategy in gambling.
Many already tried a lot of strategies and yet they still failed but look at those responsible gamblers, they are more happy and more contented because they know that gambling is not a good source of profit after especially in the long run. Knowing when to play and stop is important, and that's you being a responsible gambler.
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January 20, 2024, 01:57:03 PM
 #171

That is why it is very important to control ourselves in gambling for this would be the reason for undesirable experiences.


Control and discipline, that's the keywords of a successful gambling. Losing is inevitable, but without control we might experience the worst experience in gambling, and that is losing more than we can afford to lose. It's okay to lose, we know it will happen from time to time, but we should be discipline enough to follow the game plan, risk according to our limit only, if we lose, just call it a day.

This is indeed the secret to gambling in order to maximize its success.

I have read countless of comments and observed hundreds of threads talking about the discipline of pulling the trigger. Remember, once you profit, cash out and exit. Do NOT even think about risking and trying again your luck as the result can go two-ways- either you lose or you win. Now, assuming that you lose, the initial reaction here is to gamble again in order to recover your losses; and assuming that you win, you may be tempted again to gamble due to that winning streak.

Quote
Some of us are gambling even in the first place we can't afford, main reason is we aren't making enough money to live a comfortable life, so with that, gambling should not be part of our funds budgeting as that will only ruin our financials in life.

I also agree with your point.

If you see gambling as a way in order to profit, then you are viewing it on the wrong perspective. Always remember that gambling is something that a person should not completely rely on if they need to earn money. With the risks involved, you are most definitely going to lost than to win due to the presence of house edge which gives the gambling platform a slight advantage- and that advantage is leaning towards their side statistically speaking.

R


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January 20, 2024, 02:11:55 PM
 #172



The most correct way would be to understand how much a player is willing to give for entertainment in the gambling world. And it is later to correlate this amount with the one that can be spent at an amusement park, for example. For example, it's $20. And now you can compare what will bring more fun: spend it on gambling or on attractions. At the same time, one should not think that gambling is better because there is a win there. This is because with the right approach to gambling, a player should not expect to win at all. This will avoid upset moods if the balance quickly becomes equal 0.

If we don't consider winning in gambling, then what is the essence of playing if our mind is just centered on Lossing all that we put in. In fact this idea of yours will only make a person to give up gambling. The fun in gambling doesn't come when you loss your bets, in come when you win and loss at the same time. Majority of the time we gamble, we tend to loss our bet for like 5 strike losses but just one win could cover up all the loses you have encountered, and that is the true definitely of having fun in gambling.

Yeah right. This is difference between a gambler and non gambler opinion towards gambling because it’s easy to say to not focus on winning and just for entertainment if you don’t know the actual feeling of gambling and just relying on the context description.

I always gambling with winning in my mind as number one priority because that’s what gambling all about. The entertainment comes when you encounter different scenario that makes you win along the way. It’s really absurd to gamble without thinking of winning it’s just giving away your money to the casino for free. It’s better to play on demo mode rather than actual if you are not hungry on winning.

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January 20, 2024, 02:54:49 PM
 #173

Disconnecting sessions from each other doesn't really mean that the overall balance looks differently. Actually, I think people would still call it a losing streak even if they take a break, but then "lose" most of the games in the "new" session again. It could quickly lead to a wrong perception of what is going on. If you lose 100 dollars in one session and then win 50 dollars in the next session, some people might think they are back on track. But in reality they are still at a loss. Calculating in sessions isn't necessarily the best way to account for the outcomes of the games.
However, it is still better than not giving a session in each game, or giving a session but still increasing the bet to catch up with the losses we have made in the previous session.
With the provision of sessions and new beginnings, it is possible for us to refresh the brain so that it can play again more calmly and stably. and try to record every win and loss from each gambling session that we do. it must still be balanced between winning and losing, or it could be that we get a win even though not too much.

I know where you are coming from here and I get the point of resetting your mood and so on. But no gambler should lose an overview of the accumulated net result of their gamblings because they are splitting it up into sessions.

The question also is whether all sessions are based on the same parameters. For example, the maximum limit of funds, the limits of the bet sizes, the number of the bets etc. If those parameters vary significantly, it makes it even less meaningful to think in separate sessions. I gave the example before, but if some wins a session with small bet sizes and small limits, then loses a session with huge bet sizes and 10x the limits, then wins a small session again, the person won two sessions of the three sessions played but might be deep in the red.

That's why some sort of accounting should be done, to have an overview of all the sessions played over a longer period of time. This can also help to quit a successful session at the right time when the goal is damage control rather than winning big for a specified period of time.

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January 20, 2024, 03:55:13 PM
 #174

On the days when I win I can manage to stop, but on the days when I lose I can't. I can still control myself, but on the days when I lose it becomes more difficult for me to do so. Also, sports betting takes longer to settle so I can cool my emotions while I wait, but when I play casino games my emotions are on fire and I find it hard to control myself.

R


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January 20, 2024, 04:41:56 PM
 #175

The strategy is quite complicated, but for me the time to gamble is when the time I set for gambling has run out and or the balance I budgeted has run out, for the matter of increasing bets on gambling I think it's relative, and talking about the possibility of winning streaks to test the water I never pay attention to it, but sometimes when my gambling situation experiences an increase in winnings, I always increase the amount of bets, and vice versa in whatever type of gambling I play.

As long as I get pleasure from gambling, I don't really pay attention to strategy, although getting a win does provide satisfying pleasure, but I understand it will make me crazy if it continues with the thought of winning.  

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January 20, 2024, 05:39:03 PM
 #176

Chasing losses in gambling affects the financial economy of the gamblers. When doing that, the gambler is now spending on one purpose, different from what they previously had: claiming back the lost money. This state of mind grows deeper anytime the gambler continues to lose his money.

And instead of chasing the losses, why not consider our new session as a new start of gambling after taking a break?

Not actually forget nor don't mind those losses on our previous session but instead, take this new session as a fresh start that we need to win here.

Having that purpose of chasing losses will never end and the cycle will just repeat in every session.

Disconnecting sessions from each other doesn't really mean that the overall balance looks differently. Actually, I think people would still call it a losing streak even if they take a break, but then "lose" most of the games in the "new" session again. It could quickly lead to a wrong perception of what is going on. If you lose 100 dollars in one session and then win 50 dollars in the next session, some people might think they are back on track. But in reality they are still at a loss. Calculating in sessions isn't necessarily the best way to account for the outcomes of the games.

These thoughts of profits and loss, complicates the reasoning of gamblers to see it as business, and nobody would want to lose in a business. That's why most times before we are taught about a skill we'll be mandated to pay for it, such that when the person thinks of leaving the knowledge, he remembers how much he paid to learn it, he'd rush back to trying out the knowledge practically. Same thing happen to gamblers, because they will always remember the money they've lost in gambling and would try again to retrieve it back in some ways. Think of video game players, they enjoy the game, even when tired, would go back to play some more. That feeling of time and money used in purchasing the device, leaves the person trying again. Removing these thoughts will save many gamblers from problem as they'll see gambling for it is, win or loss.

Calculating who got the most win or lose, shouldn't bother a gambler since he's not in a business. His only duty would be controlling his emotions and mental health, not to get attached into the activity. Which can be achieved by not harboring the win big intentions in gambling. There are multiple non addictive activities we could look into for a big win. Aside gambling, our business can be a place to win big. Growing with the intention of getting huge amount of gambling can be a very stressful intention because the person will have to live forever with gambling, just to achieve his goals. In whatever technique we think is the best in dealing with chasing of loss; our motives and thoughts plays a good reason to stay without being bothered.

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January 20, 2024, 05:54:29 PM
 #177

The strategy is quite complicated, but for me the time to gamble is when the time I set for gambling has run out and or the balance I budgeted has run out, for the matter of increasing bets on gambling I think it's relative, and talking about the possibility of winning streaks to test the water I never pay attention to it, but sometimes when my gambling situation experiences an increase in winnings, I always increase the amount of bets, and vice versa in whatever type of gambling I play.

As long as I get pleasure from gambling, I don't really pay attention to strategy, although getting a win does provide satisfying pleasure, but I understand it will make me crazy if it continues with the thought of winning.  
A gambler must know when a gambler should stop gambling but there may be some reasons why some people continue gambling even after knowing. Addicted gamblers do this and those who lose while gambling try to gamble more in an attempt to recover that money. I stop my bets when I win big in gambling. Also, I try to refrain from gambling even when I run out of a certain amount of budget. I sometimes try to change my gambling strategy by considering my bankroll. But the point is that I can't always gamble within the rules. Sometimes i fail to follow the rules properly despite knowing.

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January 20, 2024, 06:52:51 PM
 #178

The strategy is quite complicated, but for me the time to gamble is when the time I set for gambling has run out and or the balance I budgeted has run out, for the matter of increasing bets on gambling I think it's relative, and talking about the possibility of winning streaks to test the water I never pay attention to it, but sometimes when my gambling situation experiences an increase in winnings, I always increase the amount of bets, and vice versa in whatever type of gambling I play.

As long as I get pleasure from gambling, I don't really pay attention to strategy, although getting a win does provide satisfying pleasure, but I understand it will make me crazy if it continues with the thought of winning.  
A gambler must know when a gambler should stop gambling but there may be some reasons why some people continue gambling even after knowing. Addicted gamblers do this and those who lose while gambling try to gamble more in an attempt to recover that money. I stop my bets when I win big in gambling. Also, I try to refrain from gambling even when I run out of a certain amount of budget. I sometimes try to change my gambling strategy by considering my bankroll. But the point is that I can't always gamble within the rules. Sometimes i fail to follow the rules properly despite knowing.

I think one of the more definite reasons why they find it difficult to stop is because they pin their hopes on winning at the end of the session so they will never stop before getting the win they want, but the fact is more than this, namely even if the gambler manages to get the win they want. they  want but there are still other possibilities that they can do and one of them is applying greed to situations like that, which means they want to win a much larger amount, and this is a gambler who is addicted, whatever the situation they really don't will never be able to be grateful for what they get.

Simply put, when they win they will be greedy and when they lose they will become more curious  because they are unable to accept reality, and in most cases usually the people who are unable to accept defeat are those who end up gambling based on emotions by chasing something. which has been lost. This is why we are always advised to be responsible gamblers by only placing an amount of money that we can afford, because this is what can minimize all possible risks that are much greater, this method does not always work but I hope we remain consistent and firm. because with this you will get used to implementing many restrictions for your own good.

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January 20, 2024, 08:31:32 PM
 #179

A gambler must know when a gambler should stop gambling but there may be some reasons why some people continue gambling even after knowing. Addicted gamblers do this and those who lose while gambling try to gamble more in an attempt to recover that money. I stop my bets when I win big in gambling. Also, I try to refrain from gambling even when I run out of a certain amount of budget. I sometimes try to change my gambling strategy by considering my bankroll. But the point is that I can't always gamble within the rules. Sometimes i fail to follow the rules properly despite knowing.
We can not forge and benefits what we know nothing about, no clue and you expects one to grow? Principles and strategy are among the top attributes required as a gambler to progress in the system. Gambling is risky, it's advisable to always look forward on the the brighter side when one is in the system. Rules are set for us to abide by but it's risky when we go against them due to our personal desperation. We have limits and when our limits are reached, it's advisable we stop for the day, because new days brings more golden opportunities to milk the system.



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Rainbot
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January 20, 2024, 08:38:58 PM
 #180

A gambler must know when a gambler should stop gambling but there may be some reasons why some people continue gambling even after knowing. Addicted gamblers do this and those who lose while gambling try to gamble more in an attempt to recover that money. I stop my bets when I win big in gambling. Also, I try to refrain from gambling even when I run out of a certain amount of budget. I sometimes try to change my gambling strategy by considering my bankroll. But the point is that I can't always gamble within the rules. Sometimes i fail to follow the rules properly despite knowing.
We can not forge and benefits what we know nothing about, no clue and you expects one to grow? Principles and strategy are among the top attributes required as a gambler to progress in the system. Gambling is risky, it's advisable to always look forward on the the brighter side when one is in the system. Rules are set for us to abide by but it's risky when we go against them due to our personal desperation. We have limits and when our limits are reached, it's advisable we stop for the day, because new days brings more golden opportunities to milk the system.

Not everyone set a limit for his/her daily gambling. Only the experience and responsible gamblers that do. Even some that set a limit go beyond there daily limit especially when they are in lost believing they can make back the lose that same day. With this they keep on betting till they exit their daily limit.

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