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Author Topic: Anyone here who retired with Gambling winnings ?  (Read 1346 times)
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January 06, 2024, 07:17:02 PM
 #41

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?
It's like you don't gamble much because I really don't understand the question, because if you have actually tagged a specific amount you will walk out with as your deserved reward then I think it's a joke because you don't plans these things and besides I have never ever once heard someone talk about such thing before and that's because it's difficult although some luck bastard might have hit a huge win but retiring with the win is the actual problem. Besides why would you retire when you know you can always go back and play for the fun of the games well you can retire if only you play for the winnings alone.

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January 06, 2024, 07:24:00 PM
 #42

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?

There is no amount of winning that you will be compelled to retire there are records of gamblers who won a big amount of money then eventually lost it from gambling, in fact, it's the other way around it will motivate gamblers more because of the greed of winning more, gamblers stopped when they do not have funds or they have cured their urge to gamble.

It is quite unlikely or even impossible to decide to retire from gambling when you are in a winning situation, people come to gambling to get a win although there are some gamblers who are not too focused on that result, but usually and overall it is always the win that is a motivation to continue. So I think what the OP is asking is not wrong but the problem is that it is quite difficult to be true when they manage to get a win and in fact the opposite happens, not stopping or retiring but instead continuing with a crazier approach because as you said greed will have a role and be prioritized by most gamblers, especially those who are addicted when they find such a situation. Logically who doesn't need money? obviously everyone wants it and when the big win comes the opposite will happen which is a change in mindset with the aim of achieving a much bigger win, simply put it is very difficult to be in a good conscious when you get money that seems to fall from the sky.

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January 06, 2024, 07:28:36 PM
 #43

I want that. but I realize this will not be easy if we think that winning gamblers always want another game. I prove that even to myself. I sometimes find it very difficult to control myself when I win. I can stop if I lose, for example I have lost 20% of my winnings, I can stop but the winnings must be taken in total, not infrequently I even spend my winnings because of greed. I hope I can control that in the future and bring in a lot of money before retirement.

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January 06, 2024, 07:29:21 PM
 #44

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?
I have not even won any big amount enough to set me going in life talk more of retiring with that winning and secondly I don’t even think their is any need for me to start thinking right to that area for me to retire with gambling winning it will be tiring for me as I might not achieve that purpose.
Any amount that’s big enough to change one life is enough to set the person up for retirement, the amount will defers base on someone personal expectation and desire.


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January 06, 2024, 07:53:56 PM
 #45

never comments on the error of looking at gambling as a method to achieve financial freedom because you won't achieve it and in the end you will lose everything in the game and it will be very difficult to recover everything you lost in the game. When I talk about losing everything, I'm not just talking about losing money, I'm talking about losing all your possessions because you'll sell them to keep playing, I'm talking about losing your family because you'll spend more time playing and not pay them attention and you'll reach the level of stealing their money. to keep playing and you will become a person addicted to gambling. even if you tell yourself that this won't happen to you, even if you say that you will play in moderation but that you will play with the aim of making profits.

still at the end of the day you will be hooked. This is because on the first day you will deposit money in the casino and you will lose everything, on the second day you will deposit money in the casino and you will lose everything, you will start to get very frustrated, on the third day you will deposit money in the casino and you will win a little, but it will be a value that will not be enough to cover the losses. When you reach the end of the month, you will see that you have not made any profit and you will be very disappointed with yourself. and you'll start having bigger problems because you'll have bills to pay because you took your money to gamble. games are not an investment in which a person will make a profit, games are not a business in which a person will make a profit

Games are a form of entertainment, you yourself must have played football with your friends, imagine your friends as football players and you are placing bets on which team will win, do you really think you will make a profit if you are betting on football games? from your friends? Of course, you won't get rich betting on your friends' football games. so even if you were betting on big league games like the premier league, la liga, serie A, bundesliga and liga1 you will still have a lot more losses than wins. My advice is to focus on real world business and take some of the profits and play it for fun

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January 06, 2024, 08:04:13 PM
 #46

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?

Even if that retiring amount is being won from gambling, what makes you think the person is going to stop gambling? That same thing that led them to win that amount will continue to be part of the motivation to continue playing bets in order to win more. The only thing that big wins can do for a person is for them to use the money well to start a profitable business that can be used to change their lives.
 
Unless one is not a gambler, winning millions is not enough to say they are retired. If someone who is wealthy already can still be gambling, what do you think will happen to the person who made his wallet through gambling? They will continue trying luck even if it's not with a big amount, but I don't think the money can make them say they are retired.

 
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January 06, 2024, 08:23:58 PM
 #47

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?
What's your view when it comes to gambling, do you just see gambling as a job or you wonder why people still gamble to sustain  themselves, gambling has no age limit that's why an old man can enter a casino shop to play a bet, with no age limit how can someone retire just because of a huge win, I have never heard such and it can never happen, reason why people still go back to gamble is because they won and such person can never stop because of greed.
Gambling is not a job and people who choose gambling as a full time job are regretting, I only see gambling as an entertainment when you gamble what you can afford to lose, so seeing topics like gambling and retirement, these two has nothing in common.

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January 06, 2024, 08:25:50 PM
 #48

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?
It's like you don't gamble much because I really don't understand the question, because if you have actually tagged a specific amount you will walk out with as your deserved reward then I think it's a joke because you don't plans these things and besides I have never ever once heard someone talk about such thing before and that's because it's difficult although some luck bastard might have hit a huge win but retiring with the win is the actual problem. Besides why would you retire when you know you can always go back and play for the fun of the games well you can retire if only you play for the winnings alone.
If we review that statement then we will understand it from a different perspective that would you retire from gambling if you have won the total winnings from gambling?, I think we will answer with a different explanation because some gamblers make that decision when they are in financial conditions that focus on using it for priority needs or you experience consecutive losses every day and then you will decide to stop gambling before losing all winnings from previous gambling.

If we stop gambling because we want to keep our winnings from gambling then we can avoid gambling addiction but if we stop gambling due to big losses then it is difficult for people to decide to stop gambling because they still hope to recover losses from other gambling.
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January 06, 2024, 08:56:06 PM
 #49

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?
This is one of the reasons on why people cant just quit up gambling.Why?

1. They are targeting that jackpot
2. They are  liking to hit those amounts that could changed up their life
3. They cant just quit because of addiction
4. They cant just quit because they are still not on breakeven or simply being still in losses.

Who doesnt really like on retiring that early? We arent that blind nor that numb not to see those things on which gambling could possibly
give and this is why it is really that normal that people would really be making involvement because they are really that believing into something towards gambling
on which i could say that it is really just that too risky on having this way.

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January 06, 2024, 09:10:41 PM
 #50

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?

I doubt anyone will just retire after winning a huge amount of money from gambling.  They would take some pause or have a vacation somewhere but I am sure that they will come back because they have tasted the sweetness of winning huge.

I think it depends but mostly, I believe it is time to retire in gambling if it is already affecting our financial capability.  We should  quit gambling not because we are winning huge but because we are losing our sanity to gambling.  So quitting or retiring is the best option in order to save ourselves from being addicted to gambling.
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January 06, 2024, 09:34:02 PM
 #51

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?
I do not understand why you have to use the word retire in gambling. Gambling is obviously not a profession and neither is it a career so people are not expected to the tire from it maybe the right word could be to stop gambling. There are people who do not actually stop gambling because they see gambling as a means of having fun. While there are people who are gambling just to make money and whenever they hit the jackpot they would stop gambling.
When we are discussing about the people who will stop gambling when they hit the jackpot. I have seen a new big gambling who are his first day of gambling was able to win a huge amount of money and that happens to be his last day of sports betting. If that is what you mean by someone retiring from gambling you can see that it can happen at any time according to individual preferences.

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January 07, 2024, 12:54:15 AM
 #52

Someone has to withdraw profits at some point and if they have not done so, if it is constant they will do so, the profits are withdrawn according to your fund management plan, when I want to withdraw to another casino it is one case, another is when I simply do the withdrawal to my wallet.

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January 07, 2024, 01:32:31 AM
 #53

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?
Depends, if the winnings are too much, let's say the amounts in the lottery, maybe I will stop playing gambling, but I think it's impossible. Even if a person has a lot of money or wins a lot of money from gambling, I don't think that a gambler will stop or retire playing gambling because gambling will be a part of us for entertainment and fun, and I believe that the more money a gambler has, the more he will not stop gambling; it will be a hobby for the life of a gambler.

Maybe some gamblers will retire from gambling if they are satisfied with a huge amount of winnings because they will have a fear of losing those earnings and will start to be responsible for their money. But for me, no, I will still play even if I have a lot of money or even as I get older. I will still satisfy my hobbies.

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January 07, 2024, 01:49:41 AM
 #54

I think someone who wins a large amount of gambling does not necessarily mean he or she really retires from gambling, perhaps those who win a large amount of gambling will stop for a long period of time because they think about what to do with the winnings or to run a business or to improve condition, but I think he just stops for a while and enjoys his winnings and when the money is almost half or almost gone they will go back to gambling and will try to win again, hoping that their luck is still there.

In fact, gambling is a game, not a job and the appropriate words are not to retire, but to stop gambling, whereas retirement is like when we retire from a job, which of course will get severance pay, whereas gambling is not like that, I think as long as someone is still physically healthy and still has enough money, they will not stop gambling even though they have won a certain amount of money because their goal in gambling is to have fun and make money.
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January 07, 2024, 01:49:58 AM
 #55

I have been gambling for two years, but I have not retired from gambling yet, because I love gambling very much. Gambling is at least enjoyable if it is possible to win, profits and losses will remain in gambling. That's why I keep losses on my left side, because if a man is experienced in gambling then surely gambling will work in his favor. If I win a big jackpot, I'll take a little vacation. When my vacation is over I will be back to gambling again.
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January 07, 2024, 02:20:41 AM
 #56

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?

There were reports that a few gamblers have retired totally from gambling after they've won a big amount, but that's very rare and only a handful have done that, as a general rule gamblers will not retire because they won a big amount and there is no amount that can retire gambling, even if they won a big amount they will continue playing for fun for thrill and a repeat.
Winnings is not something that can retire a gambler there are other things that retire them like illness, old age or financial difficulties but never winnings, they will even take it as a motivating factor.
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January 07, 2024, 02:25:45 AM
 #57

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?
If someone here retired because they won at gambling, I think they wouldn't be here anymore.
a little funny but interesting when looking at the content of this topic, a gambler retires with gambling winnings. I'm sure they won't retire but will just rest for a few days and after that come back a few days with the assumption "who knows, I'll be lucky again"

what I know is that if a gambler who retires because of a gambling win will never be able to retire, in fact the win encourages the gambler to bet again with the mindset of wanting to win again, even though a gambler wins $1m, it does not rule out the possibility that he will be able to retire and this is a common problem that happens often and I'm sure someone here also feels the same way.

unless a gambler retires with the intention of wanting to stop not because of a win or loss but simply by his own will with great determination I believe that there is.

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January 07, 2024, 02:38:49 AM
 #58

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?

There were reports that a few gamblers have retired totally from gambling after they've won a big amount, but that's very rare and only a handful have done that, as a general rule gamblers will not retire because they won a big amount and there is no amount that can retire gambling, even if they won a big amount they will continue playing for fun for thrill and a repeat.
Winnings is not something that can retire a gambler there are other things that retire them like illness, old age or financial difficulties but never winnings, they will even take it as a motivating factor.

it's a wise decision you'll make if you stop gambling because you've won a large sum of money, but not all gamblers can do that because when a person is invested in what they are doing, even if they win or lose a huge amount, that will not be a reason for them to stop. What is even more worrying is that this may be the reason why they gamble more because they have experienced a big win, they will gamble even more because they expect that it is possible that they will win even more if they continue gambling.



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January 07, 2024, 03:10:51 AM
 #59

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?

Dude you need to understand, with gambling you can’t earn a specific amount of money. Gambling is all about game of luck. Here if you have a good luck, then only you can make good amount of money. Else no matter how much you bet, what amount you gamble, you can’t win. Rich people gamble for fun and entertainment, for them money doesn’t matter. Hence, I hardly doubt anyone could have gambled so much to make that many profits and retired.

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January 07, 2024, 03:45:06 AM
 #60

Dude you need to understand, with gambling you can’t earn a specific amount of money. Gambling is all about game of luck. Here if you have a good luck, then only you can make good amount of money. Else no matter how much you bet, what amount you gamble, you can’t win. Rich people gamble for fun and entertainment, for them money doesn’t matter. Hence, I hardly doubt anyone could have gambled so much to make that many profits and retired.
No place or sector is consider easy in gambling, we should abide by the rules set if we would wish to continue our existence in the space. Rich gambler for fun while the poor and middle class gamble for money and they become really frustrated when their predictions doesn't match with the game outcomes. Gambling is not a job in the first place, or is it? I don't cope or understand where things fall in place because there's alot we could learn and comprehend in the system, gambling doesn't generates extra changes for wants and not for our initial needs that's ultimate demanding.

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