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Author Topic: Use your winning responsibly  (Read 2088 times)
len01
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January 15, 2024, 09:15:25 AM
 #201

-snip
It's quite a rough day if a gambler loss all his winning.
maybe this is the reason OP shared his winning story of spending something useful and choosing to quit immediately when he won, setting aside a little for another gambling budget.
and now we know the OP intention is so that we can know the right time to stop betting and dont waste the winnings we have earned and prefer to immediately spend something useful, no matter whether it's electronic goods or whatever, definitely spend all the winnings on things a positive compared to spending more on gambling.

the last time I won a bet on gambling I just used it to have fun with the family even though this looks like throwing away money just to have fun but for me it is very beneficial because instead of having to spend it to bet again and only I get the pleasure but if it is used on vacation together family, everyone can feel happy and there are many benefits from all this.

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Weawant
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January 15, 2024, 10:24:25 AM
 #202

That's right, by managing finances and time gambling players will be more objective and more able to think clearly. when experiencing defeat, it is very important to stop playing that day so as not to increase brain and mental performance which in the end will only make more losses and make gamblers more frustrated and lose all their money.
Time management alongside finance management is very important in gambling especially for those who look forward to getting more from gambling than just entertainment or quick money. Even with entertainment it's still crucial and important you put to consideration your time management and financial management aswell too.

Having these two in place keeps you at an advantage over the casino a good number of times but when your time management is poor that you spend more than necessary time gambling, chances are that you will definitely loose and probably get addicted because you have refused to do the needful, in some worse Case you may eventually go bankrupt gambling without managing your finances and time well, and this cuts across newbie to experienced gamblers because at one point or the other we all need time and financial management to maintain a good and healthy gambling habit.

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Accardo
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January 15, 2024, 10:38:29 AM
 #203

-snip
It's quite a rough day if a gambler loss all his winning.
maybe this is the reason OP shared his winning story of spending something useful and choosing to quit immediately when he won, setting aside a little for another gambling budget.
and now we know the OP intention is so that we can know the right time to stop betting and dont waste the winnings we have earned and prefer to immediately spend something useful, no matter whether it's electronic goods or whatever, definitely spend all the winnings on things a positive compared to spending more on gambling.

the last time I won a bet on gambling I just used it to have fun with the family even though this looks like throwing away money just to have fun but for me it is very beneficial because instead of having to spend it to bet again and only I get the pleasure but if it is used on vacation together family, everyone can feel happy and there are many benefits from all this.

Is it not possible that the little amount set aside for gambling would finish on the long run? And the player needing to take extra money from his business earnings to finance gambling. I've heard of gamblers who sold their properties, probably ones bought with gambling money, for gambling purposes. It's not a situation for many people, but it's safe to say that we are allowed to spend our gambling winnings as we want. No actual means of spending it is the best. Though, it feels better to buy some electronics, but it yields no income for the gambler. He can't stop gambling if the little money he sets asides get exhausted. He'd want to gamble again and again. Thereby still spending more money in gambling, from different income sources.

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January 15, 2024, 10:40:47 AM
 #204

Congratulations on your big win, I hope this is not your final win, but the beginning of a big win and will be followed by other wins.
If I had a big win like that, maybe I would buy some Bitcoin and Ethereum as an investment and hope for a big profit from the price spike once the market fully increases
The OP gambled responsibly and luckily won big going by the amount of money he staked obviously it's not a bad idea using the win to buy a Smart TV I believe his intention is to always see physically what he had used his gambling earning to acquired and of course he has other plan of investing in Bitcoin or other coins, I believe other gamblers would learn from the OP win that is the beauty of soccer bettings once of the get the right games with reasonable odds and when all the odds is accumulated a win would definitely guaranteed a huge amount of money in order a loss wouldn't be that hurtful because the OP staked with just small amount of money.

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January 15, 2024, 11:11:14 AM
 #205

Congratulations on your big win, I hope this is not your final win, but the beginning of a big win and will be followed by other wins.
If I had a big win like that, maybe I would buy some Bitcoin and Ethereum as an investment and hope for a big profit from the price spike once the market fully increases
The OP gambled responsibly and luckily won big going by the amount of money he staked obviously it's not a bad idea using the win to buy a Smart TV I believe his intention is to always see physically what he had used his gambling earning to acquired and of course he has other plan of investing in Bitcoin or other coins, I believe other gamblers would learn from the OP win that is the beauty of soccer bettings once of the get the right games with reasonable odds and when all the odds is accumulated a win would definitely guaranteed a huge amount of money in order a loss wouldn't be that hurtful because the OP staked with just small amount of money.

lucky for him, and with how he treats his earning that is something that will keep reminding him how luck permits him to buy something that will add entertainment to himself, having that smart tv in everyday life will let him remember that there's time in his gambling life that he manage to win decent amount of money and let him buy that stuff.

Maybe yes, there's gambler who may follow him after reading his story, buying stuff when you manage to win may give you
the kind of feeling that will continue the enjoyment and satisfactions.

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January 15, 2024, 03:13:22 PM
 #206

-snip
It's quite a rough day if a gambler loss all his winning.
maybe this is the reason OP shared his winning story of spending something useful and choosing to quit immediately when he won, setting aside a little for another gambling budget.
and now we know the OP intention is so that we can know the right time to stop betting and dont waste the winnings we have earned and prefer to immediately spend something useful, no matter whether it's electronic goods or whatever, definitely spend all the winnings on things a positive compared to spending more on gambling.

the last time I won a bet on gambling I just used it to have fun with the family even though this looks like throwing away money just to have fun but for me it is very beneficial because instead of having to spend it to bet again and only I get the pleasure but if it is used on vacation together family, everyone can feel happy and there are many benefits from all this.

Is it not possible that the little amount set aside for gambling would finish on the long run? And the player needing to take extra money from his business earnings to finance gambling. I've heard of gamblers who sold their properties, probably ones bought with gambling money, for gambling purposes. It's not a situation for many people, but it's safe to say that we are allowed to spend our gambling winnings as we want. No actual means of spending it is the best. Though, it feels better to buy some electronics, but it yields no income for the gambler. He can't stop gambling if the little money he sets asides get exhausted. He'd want to gamble again and again. Thereby still spending more money in gambling, from different income sources.
Setting aside a small amount for gambling sounds like a good idea, but as you noted, it opens a can of worms. One minute you're betting modest amounts, the next you're questioning whether that expensive TV was worth it. It doesnt stream wins, correct?

Gambling is fun -  Like devouring chips, you cant just have one. You win some, lose some, and suddenly consider using corporate funds. A slippery slope. I've seen people sell everything because they're so excited.

But lets not be pessimistic. Gambling may be fun if you play your cards well. The key? Responsibility. Know and follow your limits. Spend your winnings on gadgets if you like. Just remember, the real jackpot is having fun without Jengaing your cash.

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January 16, 2024, 02:51:22 AM
 #207

Though that logic is correct, when winning it immidiately register inside your mind that you can simply repeat that same outcome, thinking that the strategy will continue to work and will allow you to keep winning from your bets, instead of stopping and enjoying your earnings you will be push to continue playing and aiming for more.

This kind of attitude should be change in order to enjoy both your gambling session and the money that you earn, celebrate with your friend as we know that it's not going to always be like that.
Thinking that we can repeat the same results will only make us even more eager to get that win again, even though that can't always happen unless we have continuous luck. When a gambler should win, he should immediately think about stopping gambling to save himself from greed, which could come as soon as possible without him realizing it. That is something that each gambler must do instead of continuing his gambling game.

They really have to change that way of thinking so they don't experience more defeats. Moreover, it is their responsibility to be able to control themselves while they are gambling so as not to spend too much money on gambling.

I understand your perspective. Winning large at gambling? Its like life's jackpot, right? Who wouldnt want to ride that luck wave longer? Its human nature to seek thrills. Moderation is crucial. Imagine using your big win for more than just fun.

Now, I celebrate successes big and small. Right? Life's too short not to cherish these times. Lets not vilify using some of your wealth for sheer fun. However, balancing is key. Celebrate, but save some for future projects or investments. Like creating a cake and eating it too, you enjoy the present while saving a portion.

I'll admit that "just one more win" is tempting. Remember that gambling is fun, not a retirement plan. While promoting fun gambling, its important to know when to step back, savor the win, and possibly turn it into something lasting. Shouldnt winning be about that? Fun now, stability later. Win-win.
Many people want big wins from gambling, which is natural because everyone who gambles wants to win big. However, they should be able to think that winning is difficult and we cannot expect to win, so here we need to manage the spending of money so that we are not too eager to win. Let victory come to us while we continue to manage the gambling game we are playing and just enjoy the moment.

And if you have succeeded in getting a big win, you can celebrate it with the people closest to you but you don't need to be too extravagant or use all the winning money to celebrate the victory. You can set aside money for your future to have money for your life.

"Just one more win" is a tough temptation to avoid, especially for those who have already won. They will be greedy and still want more wins, but they will only get more if they have great luck. And when we can use the winning money well, we will benefit from it because it will be like a life changer, and we can also make our lives better.

Well, actually that kind of desire shouldn't be considered normal at all... To win big once is already pretty uncommon and should be considered a prize for life. If someone is willing to hit a big win twice, it displays a greedy behavior, which will inevitably brings negative consequences on long run, because even if this gambler hypothetically hit a big win twice, it wouldn't be enough. He would go for the third big win as well, and then the fourth, fifth... Until finally losing everything while attempting to hit the next big prize.
You are right because getting a big win is like getting money quickly that can be used to improve their life and prepare for their future. If someone still wants to get another big win, they show that they are greedy and cannot accept what they already have. They will not be able to get their big win again because that big win will only come once in their life. If they are wise, they can think of the big win they get as a way to improve their lives and use the money for things that can provide them with a source of income. And they don't need to gamble too often because that could cause them to experience large losses, costing them all their winnings.

You are right, that should be considered the normal decision or desire after a big win. To put the earned prize into good use is the most benefical approach in this case. I believe there is no better way to celebrate a jackpot prize than investing it to return even more money after a while. So, part of the income made from the prize can be added to gambling budget in a frequent basis. If this gambler has to win once again, he will win, but through a responsible, limited and sustainable budget which won't compromise his initial earned prize.
Yes, they should be able to take advantage of that big win and not really hope for another big win because it will be very difficult, especially before they get their first big win, they have to sacrifice a lot of money. With their big winnings, they can use it for various things to have a source of income that can provide money. They can also invest in important things to earn more money later. They can continue gambling after a big win, but they have to be more responsible. After all, they can become greedy because they have won big before.

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January 16, 2024, 06:53:03 PM
 #208

People who just assume that they could do something silly like that are not people who I really would expect doing better neither. I think we should realize that life is not all that simple and we need to arrange something that would be a little off, and if that is possible then we could make it work one way or another.

I understand that we can't make it work, it is not that simple, and we should consider other options, but winning and taking it out and spending for your life sounds as good as it gets. If you bet 50 dollars, and end up winning a few thousand, you could very well leave 50 in, and take it all out. You already agreed to bet with 50 anyway, so all the rest are just benefits, and you should keep on betting like you used to.

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January 16, 2024, 07:16:23 PM
 #209

People who just assume that they could do something silly like that are not people who I really would expect doing better neither. I think we should realize that life is not all that simple and we need to arrange something that would be a little off, and if that is possible then we could make it work one way or another.

I understand that we can't make it work, it is not that simple, and we should consider other options, but winning and taking it out and spending for your life sounds as good as it gets. If you bet 50 dollars, and end up winning a few thousand, you could very well leave 50 in, and take it all out. You already agreed to bet with 50 anyway, so all the rest are just benefits, and you should keep on betting like you used to.

If that is the smartest way to make money work for us in a casino, things can be handled depending on the person's experience. When I am in a casino, I have learned that I should not gamble too much, it is very nice, I give myself, the Games make me very excited, but what I don't like is when I lose a lot, because that money is useful for something else, so what I do is put a little money at stake so I can have some good profit, I like to bet on roulette , because the wheels are very exciting, and betting on things that give more security because it increases everything, like the color, the even, the odd, that helps you win something.

If I have money, all I do is take out the money all at once, I can't leave it, because I always have an unforeseen expense, and well it has to be done, and if I go to the casino then I solve it with that, that's not why It happens all the time, but if there is a good chance it can be done.

R


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January 20, 2024, 11:48:28 PM
 #210

That's good, and the majority of gamblers don't have this mindset. Once they have won a reasonable amount, they have the mentality to gamble further and make it big. This is where the majority of the funds get lost and they end up unable to fulfill their small dreams and needs that could've been met by the winning amount. What OP has done is really great, and in my view, we should prioritize investment in cryptocurrencies in a larger percentage and allocate small funds to fulfill these kinds of needs depending on the market situation.
I think while there is a big win the gambler should reinvest the fund in another space so that there might be a potential income so that the person does not need to worry when there is a loss on the gambling or there is no profit on the gambling. And from the earning the person can fulfill their small dream.
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January 21, 2024, 04:13:49 PM
 #211

-snip

Is it not possible that the little amount set aside for gambling would finish on the long run? And the player needing to take extra money from his business earnings to finance gambling. I've heard of gamblers who sold their properties, probably ones bought with gambling money, for gambling purposes. It's not a situation for many people, but it's safe to say that we are allowed to spend our gambling winnings as we want. No actual means of spending it is the best. Though, it feels better to buy some electronics, but it yields no income for the gambler. He can't stop gambling if the little money he sets asides get exhausted. He'd want to gamble again and again. Thereby still spending more money in gambling, from different income sources.
I have heard and seen a gambler who gambles with money from selling his valuables but that is for gamblers who are irresponsible and cannot manage their finances but like the OP I am sure he is someone who can manage his finances well even though he spends his money to buy electronic goods but of course he has set aside a little money to gamble the next day without having to worry about getting money to gamble and for me spending the winnings to buy electronic goods or other items that have benefits for himself is the best way to spend money rather than taking another risk on investment which produces results but still takes a big risk.

It all depends on how a gambler manages his finances. as I said before, if a gambler can manage his finances well, he will not have problems in terms of budgeting for gambling and will not have problems spending his winnings to buy valuable items.

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January 21, 2024, 05:28:54 PM
 #212

That's good, and the majority of gamblers don't have this mindset. Once they have won a reasonable amount, they have the mentality to gamble further and make it big. This is where the majority of the funds get lost and they end up unable to fulfill their small dreams and needs that could've been met by the winning amount. What OP has done is really great, and in my view, we should prioritize investment in cryptocurrencies in a larger percentage and allocate small funds to fulfill these kinds of needs depending on the market situation.
I think while there is a big win the gambler should reinvest the fund in another space so that there might be a potential income so that the person does not need to worry when there is a loss on the gambling or there is no profit on the gambling. And from the earning the person can fulfill their small dream.
The big win isn't always coming so when there is an opportunity to win such, it should be well utilized. Such money is not free money like many would term it, it is also not from an illegal source that warrants it to be wasted, so it should be treated like the money that someone sweated for. This is possible only if we appreciate the big win rather than being subjected to emotions where people waste it one way or the other simply because they believe they got it cheaply through gambling. If the money is big enough, some people could even start a business with it, but if that is not your calling, why not try investing online, or buying land and properties with it?

One could also buy assets like gold with it so that when they see it, they will know that this is from their big winning from gambling and they can forever remember and appreciate it better that way. Not wasting it in the bar, clubs and other places, or gifting friends anyhow, that is a waste. However, gambling continues still, one should not because they had won big totally abandon gambling, they can continue with a small fraction of that money as it will also be unwise to commit a bit amount or all their winnings back to it.

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January 21, 2024, 08:12:20 PM
 #213

People who just assume that they could do something silly like that are not people who I really would expect doing better neither. I think we should realize that life is not all that simple and we need to arrange something that would be a little off, and if that is possible then we could make it work one way or another.

I understand that we can't make it work, it is not that simple, and we should consider other options, but winning and taking it out and spending for your life sounds as good as it gets. If you bet 50 dollars, and end up winning a few thousand, you could very well leave 50 in, and take it all out. You already agreed to bet with 50 anyway, so all the rest are just benefits, and you should keep on betting like you used to.
This kind of thinking is also very useful when people invest, after all how many times we have seen on the past that some people earn great deal of money with altcoins, and instead of selling most of their coins and just keep their original investment there they get too greedy and lose it all? This is a very common occurrence and if we do not want this to happen to us we need to have a plan in order to deal with an unexpected windfall, regardless of the way we may have earned that money.

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January 22, 2024, 11:11:35 AM
 #214

People who just assume that they could do something silly like that are not people who I really would expect doing better neither. I think we should realize that life is not all that simple and we need to arrange something that would be a little off, and if that is possible then we could make it work one way or another.

I understand that we can't make it work, it is not that simple, and we should consider other options, but winning and taking it out and spending for your life sounds as good as it gets. If you bet 50 dollars, and end up winning a few thousand, you could very well leave 50 in, and take it all out. You already agreed to bet with 50 anyway, so all the rest are just benefits, and you should keep on betting like you used to.
This kind of thinking is also very useful when people invest, after all how many times we have seen on the past that some people earn great deal of money with altcoins, and instead of selling most of their coins and just keep their original investment there they get too greedy and lose it all? This is a very common occurrence and if we do not want this to happen to us we need to have a plan in order to deal with an unexpected windfall, regardless of the way we may have earned that money.

We should take that into consideration, we must understand the potential if we will going to do things like this, taking half of your money from either your investment or from your gambling capital while you are already in green is a good decision to take, you are just securing your money and leaving portion of that to continue enjoying or continue aiming for more if luck permits is not a bad choice, it's simply saying that who knows maybe that luck will continue but you just don't want to risk everything and it's wise to take both initial capital and some portion of your winning money.

Be practical as it is, since most of the time, those who continue to keep playing without withdrawing their initial might lose everything back then regret after.

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South Park
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January 28, 2024, 09:30:59 PM
 #215

This kind of thinking is also very useful when people invest, after all how many times we have seen on the past that some people earn great deal of money with altcoins, and instead of selling most of their coins and just keep their original investment there they get too greedy and lose it all? This is a very common occurrence and if we do not want this to happen to us we need to have a plan in order to deal with an unexpected windfall, regardless of the way we may have earned that money.

We should take that into consideration, we must understand the potential if we will going to do things like this, taking half of your money from either your investment or from your gambling capital while you are already in green is a good decision to take, you are just securing your money and leaving portion of that to continue enjoying or continue aiming for more if luck permits is not a bad choice, it's simply saying that who knows maybe that luck will continue but you just don't want to risk everything and it's wise to take both initial capital and some portion of your winning money.

Be practical as it is, since most of the time, those who continue to keep playing without withdrawing their initial might lose everything back then regret after.
And we must do what we can in order to avoid feeling that regret, because if we do not it and we experiment a huge loss then most likely we will enter a tilt state and become very aggressive with our bets trying to recover the money that we have lost as soon as possible, and as you may guess whenever that happens our luck goes down the drain and the losses that you can accumulate in that period of time can be enormous, a thing that will cause you even more regret and could even cause you to enter tilt again.

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January 28, 2024, 09:55:53 PM
 #216

This kind of thinking is also very useful when people invest, after all how many times we have seen on the past that some people earn great deal of money with altcoins, and instead of selling most of their coins and just keep their original investment there they get too greedy and lose it all? This is a very common occurrence and if we do not want this to happen to us we need to have a plan in order to deal with an unexpected windfall, regardless of the way we may have earned that money.
Money management is a Skill most gamblers lack because when they gamble and win, they always feel that the money is definitely coming through again so they tend to spend that which they have got already any how they feel okay spending it so it's usually good we get advice that will help our money habit just before we happen ro be in such situations.

Having a separate account that hold funds Incase of emergency is very much needed so it will serve as one of the means to helping you keep your money safe, out of reach with no easy Access. been able to access accounts anytime may sometimes contribute to the way we spend because we believe there's always a way out and money somewhere which can always be used. Having a plan to help you put your expenses inorder does go a long way to help ease the stress of spend and at same time having saving as Incase it's not happening ass we did planned out our expenses.

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January 28, 2024, 10:12:24 PM
 #217



As you are gambling responsibly, also use the money won responsibly.
I won 328,000 from Sportybet. It was a running game that finished 3 days ago and I decided to use the money wisely. I had a small television in my living room so I bought a Smart TV for 307,000  I am so happy seeing this in my living room.
As you are gambling, make sure to use the money won to do something that you will be proud of and happy about. You can invest some in Bitcoin, buy properties, etc.
Do not use all the money back to gamble, that's not wise.
Just wanted to drop my achievement from gambling responsibly here. Below is the Image of the TV installed



Participating in gambling and earning money from gambling and putting that money to good use is very commendable. While I support that you make money from gambling and use that money to help your family, I would be more supportive if you invested the same amount in gold/land/any other asset instead of buying a TV. Also it would have been better if you had bought and invested bitcoins with your winnings. A TV was needed for entertainment but since you had a small TV you could play on that TV. However, since you put it to good use, you must have done a good job, but my advice to every gambler is to put your gambling winnings to good use  There are many gamblers who earn money from gambling and use that money to gamble, but this is not right in my view.

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January 28, 2024, 10:30:03 PM
 #218

Participating in gambling and earning money from gambling and putting that money to good use is very commendable. While I support that you make money from gambling and use that money to help your family, I would be more supportive if you invested the same amount in gold/land/any other asset instead of buying a TV. Also it would have been better if you had bought and invested bitcoins with your winnings. A TV was needed for entertainment but since you had a small TV you could play on that TV. However, since you put it to good use, you must have done a good job, but my advice to every gambler is to put your gambling winnings to good use  There are many gamblers who earn money from gambling and use that money to gamble, but this is not right in my view.
Winning in gambling increases the gambler's expectations, which makes buying expensive things a second thought. TV is an important thing for entertainment, I myself bought a smart TV when I got an unexpected big win. My main purpose of buying a smart TV was to watch sports as I was not comfortable watching sports on my small TV. So it seems to me that he bought the TV as thoughtfully as I did.

When winning big in gambling, it is important to invest that money properly, because there is a lot of risk involved, so anything can happen at any time. So a large part of the money won from gambling should be invested which will give good returns in future.

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January 28, 2024, 10:36:20 PM
 #219

Winning in gambling increases the gambler's expectations, which makes buying expensive things a second thought. TV is an important thing for entertainment, I myself bought a smart TV when I got an unexpected big win. My main purpose of buying a smart TV was to watch sports as I was not comfortable watching sports on my small TV. So it seems to me that he bought the TV as thoughtfully as I did.

When winning big in gambling, it is important to invest that money properly, because there is a lot of risk involved, so anything can happen at any time. So a large part of the money won from gambling should be invested which will give good returns in future.
It is better to spend on items that you like than to gamble again, it is not certain that you will win, but when you buy goods you will feel satisfied because you have won it from a large gambling win because for me it is difficult to win in gambling in large quantities, let alone buy expensive items, so it is a great achievement and applied to something useful.

Yeahh the point is not to be greedy because if you obey it then you will become defeated again and even lose all of it, so by winning big and then investing for future profits then you hope where it will be for the investment and don't need to rely on luck anymore.

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January 28, 2024, 10:43:12 PM
 #220

Using the money from gambling winnings for important things is wise, there have been many gambling winners who have fallen into poverty because they didn't use the money from their gambling winnings for something that built their wealth when they won gambling, they instead squandered the money so they ended up returning life is difficult when the money runs out.
I once won up to $400 in gambling, I used the money to buy a new smartphone which had higher specifications than my old smartphone, I used the smartphone for my daily activities and it really helped me use the money from my gambling winnings for important things.



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