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Author Topic: How to manage gambling winnings  (Read 2217 times)
zuzie
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February 12, 2024, 11:37:54 AM
 #201

Your opinion is absolutely correct, when we want to start gambling and our beliefs are still in doubt then we should gamble using only a small amount of money, then when we win we need to pay attention that we need to save some of our winnings. daily needs and don't think that when we gamble again using a lot of money, we will win again, even though the success is still in doubt.
It is better to play according to a small budget. If we lose we don't feel like we have lost much and when we win, even though the result is not much, we have to be able to accept it.

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.

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Lorence.xD
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February 12, 2024, 02:02:11 PM
 #202

Your opinion is absolutely correct, when we want to start gambling and our beliefs are still in doubt then we should gamble using only a small amount of money, then when we win we need to pay attention that we need to save some of our winnings. daily needs and don't think that when we gamble again using a lot of money, we will win again, even though the success is still in doubt.
It is better to play according to a small budget. If we lose we don't feel like we have lost much and when we win, even though the result is not much, we have to be able to accept it.

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.
There are always options in every situation as we all know.
If you are betting small amounts, and is not willing to take that much of the risk then expect nothing less than winning small rewards or not winning at all. On the other hand, you may engage with parlay bets and sides, wherein you could bet small and win big but with higher risks. I tend to engage with parlays since you'll just more likely lose, then why not maximize it using small bets? If you lose then it won't be too frustrating and if you're lucky enough then you'd be rewarded big.

When it comes with quitting, for me if you really find joy with gambling then you don't have to completely quit and run with your profit. Money is money and it will eventually be all consumed. You may consider taking a pause and still continue once you are ready. Gambling is only bad if you will be driven by your emotions but if you manage things well, then it would be still fine doing so.

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February 12, 2024, 02:45:57 PM
 #203

Well, I have a very different point of view than everyone else, maybe I am a little more focused on trading and making investments that I like or that have a lot to do with gambling, but this has made me think in a very different way, it is In other words, the more financial education you have, the easier it is to take into consideration the things that can be done, for example when I am in a casino I see and I give a lot of importance to the money that I am willing to lose, there is no other option, it is a transfer I always have to do because I have to do it, and when I decide well what I'm going to do, I execute it and that's it, whether I have profits or not, I always 100% avoid being a person who is affected by the addiction of the game, so the profits as do I handle them? very easy, I have always learned something, through the books of Jesse Liverpiomere, a great market speculator and someone who expressed his insight into how he dealt with money because I learned many things from him.

Primarily a person to do trading, and in this case I am going to apply it to gambling, if I win at gambling what I do is basically stick to the fact that I have to Claim my Profits, and enjoy them, either by traveling or doing something with my family by Spending the money I don't know, doing something, buying toys for my children, whatever, to get the money and spend it, feel the money, it's the easiest way to enjoy our money, there's no problem, but of course according to Liverpmore extracted 50% of what he earned, but since this is galbling, well I recommend taking everything out and enjoying all the money, once the money is spent, then you have to start starting from scratch, not that it is so bad, and that is not to start with a lot of money, with little and gradually contain good capital, even if it is with little profits, but the important thing is to add that up, that is the way that I move my earnings, which are not many buts yes I can say that it works.
?

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February 12, 2024, 02:54:47 PM
 #204

Your opinion is absolutely correct, when we want to start gambling and our beliefs are still in doubt then we should gamble using only a small amount of money, then when we win we need to pay attention that we need to save some of our winnings. daily needs and don't think that when we gamble again using a lot of money, we will win again, even though the success is still in doubt.
It is better to play according to a small budget. If we lose we don't feel like we have lost much and when we win, even though the result is not much, we have to be able to accept it.

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.

Yes and we have to keep telling ourselves that "you can win when you are really lucky" only luck can bring you the results you expect, don't take it too seriously and if you lose then it means you are unlucky. Seriousness in gambling can lead you down the wrong path, so avoid it because after all gambling is nothing more than a place to find a little fun through some thrills you feel from a few spins or something that can help enliven the atmosphere with a little adrenaline in the running game.

Since gambling is an activity that is suggested only for entertainment purposes then obviously isn't putting in a small amount the right approach? Of course, because what we are looking for here is entertainment and not profit, if there was no risk behind gambling then maybe I would put a very large amount for a profit, but the problem is that the victory in gambling is always unpredictable and this is the reason why we should be more concerned with risk management than profit by putting the smallest amount we have, and also another benefit of treating gambling as an entertainment activity is that you will have no difficulty in making the decision to "cash out" when you are really lucky.

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February 12, 2024, 03:05:23 PM
 #205

Your opinion is absolutely correct, when we want to start gambling and our beliefs are still in doubt then we should gamble using only a small amount of money, then when we win we need to pay attention that we need to save some of our winnings. daily needs and don't think that when we gamble again using a lot of money, we will win again, even though the success is still in doubt.
It is better to play according to a small budget. If we lose we don't feel like we have lost much and when we win, even though the result is not much, we have to be able to accept it.

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.

Yes and we have to keep telling ourselves that "you can win when you are really lucky" only luck can bring you the results you expect, don't take it too seriously and if you lose then it means you are unlucky. Seriousness in gambling can lead you down the wrong path, so avoid it because after all gambling is nothing more than a place to find a little fun through some thrills you feel from a few spins or something that can help enliven the atmosphere with a little adrenaline in the running game.

Since gambling is an activity that is suggested only for entertainment purposes then obviously isn't putting in a small amount the right approach? Of course, because what we are looking for here is entertainment and not profit, if there was no risk behind gambling then maybe I would put a very large amount for a profit, but the problem is that the victory in gambling is always unpredictable and this is the reason why we should be more concerned with risk management than profit by putting the smallest amount we have, and also another benefit of treating gambling as an entertainment activity is that you will have no difficulty in making the decision to "cash out" when you are really lucky.
We should be more relaxed and not tense in the game, this is perhaps the main thing that we should feel about the game. Otherwise, if we feel greed, excessive tension, worry and stress, we will definitely commit wrong and illogical actions, which will make us later regret what we did. The most common action here is to continue the game even if we win the jackpot. The player feels greedy and thinks that he is kissed by luck, this is complete nonsense, because luck does not depend on our past successes. A relaxed player will not continue, he will calmly withdraw this winnings and leave with plans to enjoy life. Of course, not being stressed is not so easy, but if we can’t feel like that, then we are not ready to win the jackpot and we don’t deserve it.

R


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February 12, 2024, 03:08:59 PM
 #206

Your opinion is absolutely correct, when we want to start gambling and our beliefs are still in doubt then we should gamble using only a small amount of money, then when we win we need to pay attention that we need to save some of our winnings. daily needs and don't think that when we gamble again using a lot of money, we will win again, even though the success is still in doubt.
It is better to play according to a small budget. If we lose we don't feel like we have lost much and when we win, even though the result is not much, we have to be able to accept it.

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.


Gambling with a little amount of money when our belief are still in doubt and when we are not absolutely convinced is a good approach to gambling as it'll reduce the chances of a gambler from getting addicted to gambling but that's actually not the subject of discussion in this particular topic rather the OP is asking of the best possible means of managing our gambling winnings so that people can actually learn from each other.

That being said, I'll have to drop my humble opinion about the subject matter. I'm not regular in my gambling engagements but whenever I do and happens to win, I'm always very quick to put my winnings in to good use just to avoid using what I get in my winnings to invest in to gambling again.

Some other people have their own way of managing their winnings but because I know that if I fail to invest my winnings into other financial platforms that I won't easily access them ,  I'm surely gonna end up using all of my winnings to gamble again and in most cases, I'll be unable to win whenever I gamble with my winnings.

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February 12, 2024, 04:32:47 PM
 #207

~

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.

A good understanding, and you really understand that being able to win in gambling is not an easy thing, unless we are really lucky. And this is an understanding that can help us not gamble too hard by betting continuously to the point of causing large, accumulative losses.

Meanwhile, in a bet, to be able to get a big win, we also have to bet a large bet amount. but instead of us continuing to pursue something that is uncertain. As you said, it would be better if we bet with small bets, or in other words we bet according to our ability to lose that amount of money. And regarding financial management, no matter how big a win we get in gambling, if the winnings are not managed well, then the money will be lost again to gambling or to things that are not important, which have no useful value at all.

And it is quite a wise decision for you to make, namely "leaving gambling after winning". which of course can help us prevent unwanted things and other losses.

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February 13, 2024, 05:10:20 AM
 #208


Since gambling is an activity that is suggested only for entertainment purposes then obviously isn't putting in a small amount the right approach? Of course, because what we are looking for here is entertainment and not profit, if there was no risk behind gambling then maybe I would put a very large amount for a profit, but the problem is that the victory in gambling is always unpredictable and this is the reason why we should be more concerned with risk management than profit by putting the smallest amount we have, and also another benefit of treating gambling as an entertainment activity is that you will have no difficulty in making the decision to "cash out" when you are really lucky.

Confidence in winning is a good motivation, but we have to be able to place or understand it correctly, by not taking it as seriously as you said, but just think of it as our motivation to gamble, as long as it is accompanied by a good self. -controls to fine-tune everything. And gambling is just for fun and entertainment for ourselves when we are confused about what activity to do, moreover in my opinion it is not a problem as long as we don't play too much.


A good understanding, and you really understand that being able to win in gambling is not an easy thing, unless we are really lucky. And this is an understanding that can help us not gamble too hard by betting continuously to the point of causing large, accumulative losses.


Understanding this will prevent us from being addicted to gambling, because we know that gambling luck is not easy for us to get, but we will often experience many losses, so that if we gamble we will not get anything. really hope to win, there will definitely be a win. defeat and we definitely shouldn't get carried away by the temptation of strategies in gambling.

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February 13, 2024, 05:15:01 AM
 #209

If you can manage everything, but most gamblers don't have financial management and can't manage everything when they win or even lose.
Average gambler fails in managing or managing every decision taken regarding financial sustainability in gambling, they will use winning money to increase the number of bets and deposit money when they lose.
This is almost the same context because everything will be related to how to manage and organize finances well, but on the other hand what they do is surprising because they only do whatever it is based on excessive ambition.
We can find many gamblers with this kind of attitude anywhere and at any age.

Have fun, this is mindset and approach in gambling that will be able to bring us to enjoy every end result of every betting session carried out, of course this will have quite significant impact on security in maintaining finances for gambling.
Most gamblers will have difficulty managing their finances and underestimate this problem, and they will use more money to gamble without thinking about losing a lot of money. The important thing is that they can gamble to win without thinking about how much money they use. This mindset is wrong and must be corrected immediately. Otherwise, they will run out of money without recovering their losses. If they can manage their finances well, they will not exceed their limits in gambling and will use enough money to gamble because they think there are still other needs that must be met. They will also be careful about spending money on gambling because it means they may have difficulty meeting their daily needs. Even when they have lost, they will not try to deposit more money, so they will just end the gambling game and immediately leave the casino not to be tempted to continue gambling.

Yes, we should be able to have fun playing gambling. Otherwise, we shouldn't use gambling for fun. Many other things can also be pleasures, so we should not focus on gambling for fun because there is a risk of losing even more money if we exceed the limit.

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February 13, 2024, 07:47:02 AM
 #210

Your opinion is absolutely correct, when we want to start gambling and our beliefs are still in doubt then we should gamble using only a small amount of money, then when we win we need to pay attention that we need to save some of our winnings. daily needs and don't think that when we gamble again using a lot of money, we will win again, even though the success is still in doubt.
It is better to play according to a small budget. If we lose we don't feel like we have lost much and when we win, even though the result is not much, we have to be able to accept it.

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.

I agree with you, winning at gambling is only achieved by people who really have luck in gambling, even though there are people who try as hard as they can to gamble with the aim of winning, but if they don't have luck then it will all be in vain. in vain, this has been proven and I have felt it myself, where I have been gambling for a long time but have never won a big win, but with my own brother who doesn't know anything about gambling, he got a big win just by gambling once, this makes me believe that winning at gambling is just based on luck.

In my opinion, the magnitude of the temptation that gambling has is strong because I feel it myself, but with good thinking and being able to see the bad sides and impacts of gambling, I can finally restrain myself from gambling excessively. I am sure that only a few people can manage their winnings well, many gamblers still waste the winnings they have obtained, because they have been lulled by the large multipliers with their winnings.

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.
There are always options in every situation as we all know.
If you are betting small amounts, and is not willing to take that much of the risk then expect nothing less than winning small rewards or not winning at all. On the other hand, you may engage with parlay bets and sides, wherein you could bet small and win big but with higher risks. I tend to engage with parlays since you'll just more likely lose, then why not maximize it using small bets? If you lose then it won't be too frustrating and if you're lucky enough then you'd be rewarded big.

When it comes with quitting, for me if you really find joy with gambling then you don't have to completely quit and run with your profit. Money is money and it will eventually be all consumed. You may consider taking a pause and still continue once you are ready. Gambling is only bad if you will be driven by your emotions but if you manage things well, then it would be still fine doing so.

with the fact that the chance of losing is greater than winning, it is likely that we will lose more often in gambling, betting with small or large capital in my opinion is the same as there is no guarantee that we will be able to get a really big win, because big wins can only be obtained by Those who just have luck, no matter how small the bet they make, if they have luck, it can result in a win. and conversely, no matter how big a bet you make, if you don't have luck, it will be difficult to win at gambling.

In my opinion, we have to gamble using money that we are willing to lose, so that the possibility of losing is definitely acceptable. In my opinion, many gamblers experience big losses because they cannot accept the fact that there is no luck on their side, but they still continue to gamble because they are sure that there will be a win after many losses, but it is not certain either, so they become frustrated because they never get a win. Even though they have been gambling for a long time or frequently which in the end only puts them at a big loss, if they have self-control they probably won't experience big losses or be frustrated by the losses that occur. I agree with you that gambling will be bad if it is done emotionally, and if it is responded to well then everything will be good

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.

Yes and we have to keep telling ourselves that "you can win when you are really lucky" only luck can bring you the results you expect, don't take it too seriously and if you lose then it means you are unlucky. Seriousness in gambling can lead you down the wrong path, so avoid it because after all gambling is nothing more than a place to find a little fun through some thrills you feel from a few spins or something that can help enliven the atmosphere with a little adrenaline in the running game.

Since gambling is an activity that is suggested only for entertainment purposes then obviously isn't putting in a small amount the right approach? Of course, because what we are looking for here is entertainment and not profit, if there was no risk behind gambling then maybe I would put a very large amount for a profit, but the problem is that the victory in gambling is always unpredictable and this is the reason why we should be more concerned with risk management than profit by putting the smallest amount we have, and also another benefit of treating gambling as an entertainment activity is that you will have no difficulty in making the decision to "cash out" when you are really lucky.

That's right, we must be able to emphasize the luck that we have, if indeed the gambling that has been done does not result in a win then it is better to stop and return to gambling another day, maybe there will be luck on another day. In my opinion, the fault lies in those who are too serious about considering that gambling can give them a definite win so that they are very confident that they can win easily, but in reality it is not that easy to win, because if you are not lucky it will be difficult to win.

Yes, that's right, gambling is a means of entertainment where we have to use money to be able to feel the sensation in it, just like going to a tourist spot where you have to use a ticket or a cinema That makes sense, if there is no risk of loss or loss of the money we use then why not place a large bet,  but in reality the risk is there and cannot be avoided. In my opinion many people find it difficult to withdraw their winnings because they have been lulled by gambling and the winnings they have obtained make them believe they can get back bigger winnings so there are many cases of big losses in gambling If all gamblers could be aware of the risks of gamblings I don't think there would be big losses, but of course everyone's attitudes and thoughts are different.

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.

Yes and we have to keep telling ourselves that "you can win when you are really lucky" only luck can bring you the results you expect, don't take it too seriously and if you lose then it means you are unlucky. Seriousness in gambling can lead you down the wrong path, so avoid it because after all gambling is nothing more than a place to find a little fun through some thrills you feel from a few spins or something that can help enliven the atmosphere with a little adrenaline in the running game.

Since gambling is an activity that is suggested only for entertainment purposes then obviously isn't putting in a small amount the right approach? Of course, because what we are looking for here is entertainment and not profit, if there was no risk behind gambling then maybe I would put a very large amount for a profit, but the problem is that the victory in gambling is always unpredictable and this is the reason why we should be more concerned with risk management than profit by putting the smallest amount we have, and also another benefit of treating gambling as an entertainment activity is that you will have no difficulty in making the decision to "cash out" when you are really lucky.
We should be more relaxed and not tense in the game, this is perhaps the main thing that we should feel about the game. Otherwise, if we feel greed, excessive tension, worry and stress, we will definitely commit wrong and illogical actions, which will make us later regret what we did. The most common action here is to continue the game even if we win the jackpot. The player feels greedy and thinks that he is kissed by luck, this is complete nonsense, because luck does not depend on our past successes. A relaxed player will not continue, he will calmly withdraw this winnings and leave with plans to enjoy life. Of course, not being stressed is not so easy, but if we can’t feel like that, then we are not ready to win the jackpot and we don’t deserve it.

Yes, that's right, gambling that is done must be done in a relaxed manner and we must also be able to enjoy it even if in the end we lose, but if we really enjoyed the game before then it won't be a problem, because I think most gamblers gamble using small amounts of money. To bet, of course you want to win, so it automatically makes each round tense, especially with large bets. Therefore, before gambling, we must first be able to understand gambling well, respond to gambling correctly, so that nothing happens that triggers resentment, annoyance or frustration.

Indeed, this is the habit that occurs most often, even though they have won a big win, they still continue gambling because they still want to get a bigger win, with the win that they have obtained, it makes them lose control because their thoughts also encourage them to win bigger, even though with winnings that are difficult to obtain, you should be able to realize that when you win, the best option is to cash it out or withdraw it, then leave the casino to enjoy the winnings you have obtained. Even though continuing gambling after winning is everyone's right, at least close friends will certainly be annoyed if they see actions like this, unless they both have thoughts about pursuing a bigger win, then their friends will also encourage them to take risky actions. big.

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.


Gambling with a little amount of money when our belief are still in doubt and when we are not absolutely convinced is a good approach to gambling as it'll reduce the chances of a gambler from getting addicted to gambling but that's actually not the subject of discussion in this particular topic rather the OP is asking of the best possible means of managing our gambling winnings so that people can actually learn from each other.

That being said, I'll have to drop my humble opinion about the subject matter. I'm not regular in my gambling engagements but whenever I do and happens to win, I'm always very quick to put my winnings in to good use just to avoid using what I get in my winnings to invest in to gambling again.

Some other people have their own way of managing their winnings but because I know that if I fail to invest my winnings into other financial platforms that I won't easily access them ,  I'm surely gonna end up using all of my winnings to gamble again and in most cases, I'll be unable to win whenever I gamble with my winnings.

In my opinion, the best way to manage winnings is to withdraw them, because that way we will be able to do many things besides just gambling with the winnings that we have obtained in gambling. It's true that what you said is that everyone has their own way of managing their winnings, but the most important thing when you win at gambling is to cash it in or withdraw it, if you still want to gamble, please withdraw the winnings you have obtained but leave a little to continue gambling again, but even so better is to cash it all out.

It's true what you said, we won't always be able to win with the bets we make. because of course gambling industry companies won't let their gamblers win often, unless they have god-level luck, maybe they can win often, but I doubt that. what happens more often or is obtained is only defeat, not victory. because gambling has a random system and also depends on our own luck which will determine whether we win or not at gambling, but we must remember that luck does not come every time or often, if it comes often it cannot be said to be luck. Therefore, we must be aware of the luck that has given us victory, and must make the best use of the victory that is difficult to obtain.

~

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.

A good understanding, and you really understand that being able to win in gambling is not an easy thing, unless we are really lucky. And this is an understanding that can help us not gamble too hard by betting continuously to the point of causing large, accumulative losses.

Meanwhile, in a bet, to be able to get a big win, we also have to bet a large bet amount. but instead of us continuing to pursue something that is uncertain. As you said, it would be better if we bet with small bets, or in other words we bet according to our ability to lose that amount of money. And regarding financial management, no matter how big a win we get in gambling, if the winnings are not managed well, then the money will be lost again to gambling or to things that are not important, which have no useful value at all.

And it is quite a wise decision for you to make, namely "leaving gambling after winning". which of course can help us prevent unwanted things and other losses.

winning at gambling depends on luck and the amount of winning at gambling also depends on the number of bets we make, the bet is small then the winnings will also be small, gambling with large bets then the winnings can also be large, but what is clear is that if it is You are lucky by getting a win, because whether the bet is big or small, there is no guarantee that you will win for sure. with many gamblers experiencing big losses, this is due to their thinking that they are sure that the gambling they do can give them big wins, but in reality the beliefs and hopes they have tend to only result in losses which can also be large.

with the fact that many people say that winning at gambling is based on luck, it has been proven that the percentage of losing at gambling is large, therefore if you have indeed won at gambling then the thing you have to do is withdraw it, if you do continue gambling again you tend to will trigger emotions and the desire to gamble, which can occur through carelessness, excessive courage, such as being more daring in increasing the amount of the bet but not paying attention to the downside, which also increases, and I think the big chance of continuing gambling after winning is losing. which will trigger us to lose control which could make us deposit more money to gamble because we want to recover the winnings we have lost.


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February 13, 2024, 04:43:11 PM
 #211


What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.

Yes and we have to keep telling ourselves that "you can win when you are really lucky" only luck can bring you the results you expect, don't take it too seriously and if you lose then it means you are unlucky. Seriousness in gambling can lead you down the wrong path, so avoid it because after all gambling is nothing more than a place to find a little fun through some thrills you feel from a few spins or something that can help enliven the atmosphere with a little adrenaline in the running game.

Since gambling is an activity that is suggested only for entertainment purposes then obviously isn't putting in a small amount the right approach? Of course, because what we are looking for here is entertainment and not profit, if there was no risk behind gambling then maybe I would put a very large amount for a profit, but the problem is that the victory in gambling is always unpredictable and this is the reason why we should be more concerned with risk management than profit by putting the smallest amount we have, and also another benefit of treating gambling as an entertainment activity is that you will have no difficulty in making the decision to "cash out" when you are really lucky.
We should be more relaxed and not tense in the game, this is perhaps the main thing that we should feel about the game. Otherwise, if we feel greed, excessive tension, worry and stress, we will definitely commit wrong and illogical actions, which will make us later regret what we did. The most common action here is to continue the game even if we win the jackpot. The player feels greedy and thinks that he is kissed by luck, this is complete nonsense, because luck does not depend on our past successes. A relaxed player will not continue, he will calmly withdraw this winnings and leave with plans to enjoy life. Of course, not being stressed is not so easy, but if we can’t feel like that, then we are not ready to win the jackpot and we don’t deserve it.

Yes and a calm mood along with a relaxed feeling can only be obtained when you gamble without putting any hopes and expectations on winning, because obviously on the other hand if you put your hopes then the game that runs will be very stressful in the sense that you will feel really worried about losing, on the other hand you have said some things that are likely to be felt by gamblers when they come with the intention of earning and that is true when in the end they lose then we can be sure that some out of control actions will of course be taken as a result of the emotions that dominate. And this is the importance of being a responsible gambler, because with the responsibility you have it will be able to make you more relaxed because you are able to accept whatever the results at the end of the session are especially ready to lose, because with this then I think it is less likely for you to do things that are prohibited or not recommended, and one thing I want to say that the number of attempts made by gambling addicts will actually only make them end up with a lot of significant regrets.

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February 13, 2024, 11:02:58 PM
 #212


I agree with you, winning at gambling is only achieved by people who really have luck in gambling, even though there are people who try as hard as they can to gamble with the aim of winning, but if they don't have luck then it will all be in vain. in vain, this has been proven and I have felt it myself, where I have been gambling for a long time but have never won a big win, but with my own brother who doesn't know anything about gambling, he got a big win just by gambling once, this makes me believe that winning at gambling is just based on luck.

In my opinion, the magnitude of the temptation that gambling has is strong because I feel it myself, but with good thinking and being able to see the bad sides and impacts of gambling, I can finally restrain myself from gambling excessively. I am sure that only a few people can manage their winnings well, many gamblers still waste the winnings they have obtained, because they have been lulled by the large multipliers with their winnings.


Of course, the luck of all of us gamblers will never know when we will get it, whether we are professional gamblers or experienced gamblers, it is very likely that they will be far from winning, even for gamblers who are still beginners. he's only played two or three times, maybe he can get that win.
If your luck in gambling is not optimal then be patient, maybe one day you will get it.

Yes, of course, if gamblers are not equipped with a good understanding of gambling, they will easily be tempted by the atmosphere of the gambling place. This is very difficult to stop because gamblers do not realize that it is a trick to attract gamblers to gamble continuously until the money they have runs out.

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Jody.Drummer
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February 14, 2024, 01:12:07 AM
 #213


I agree with you, winning at gambling is only achieved by people who really have luck in gambling, even though there are people who try as hard as they can to gamble with the aim of winning, but if they don't have luck then it will all be in vain. in vain, this has been proven and I have felt it myself, where I have been gambling for a long time but have never won a big win, but with my own brother who doesn't know anything about gambling, he got a big win just by gambling once, this makes me believe that winning at gambling is just based on luck.

In my opinion, the magnitude of the temptation that gambling has is strong because I feel it myself, but with good thinking and being able to see the bad sides and impacts of gambling, I can finally restrain myself from gambling excessively. I am sure that only a few people can manage their winnings well, many gamblers still waste the winnings they have obtained, because they have been lulled by the large multipliers with their winnings.


Of course, the luck of all of us gamblers will never know when we will get it, whether we are professional gamblers or experienced gamblers, it is very likely that they will be far from winning, even for gamblers who are still beginners. he's only played two or three times, maybe he can get that win.
If your luck in gambling is not optimal then be patient, maybe one day you will get it.

Yes, of course, if gamblers are not equipped with a good understanding of gambling, they will easily be tempted by the atmosphere of the gambling place. This is very difficult to stop because gamblers do not realize that it is a trick to attract gamblers to gamble continuously until the money they have runs out.

True, luck is something that can never be predicted when it will come and when it will go, while winning always depends on this and this is the reason why we should not overdo it in gambling because what is worried is when you are away from luck which in the end is clear instead of getting the expected victory but the opposite happens, you suffer a lot of losses, I am not saying that you will not win because there will be times when you are lucky and win but it is better as you said that we should be more patient and also gamble by only putting small amounts because in the end you can also win like everyone else.

The more important point is to have the right understanding about gambling, and with the right understanding then I am sure you will not make gambling as a place to earn because you know that the possibility of risk is much greater while on the other hand your winnings always depend on how lucky you are when running a session, so if you really feel that you are experiencing financial problems after you get involved in gambling then I think you have to correct your understanding along with changing your approach to gambling.

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EarnOnVictor
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February 14, 2024, 02:31:20 PM
 #214

Your opinion is absolutely correct, when we want to start gambling and our beliefs are still in doubt then we should gamble using only a small amount of money, then when we win we need to pay attention that we need to save some of our winnings. daily needs and don't think that when we gamble again using a lot of money, we will win again, even though the success is still in doubt.
It is better to play according to a small budget. If we lose we don't feel like we have lost much and when we win, even though the result is not much, we have to be able to accept it.

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.
I simply do not buy your idea, my friend, it seems that you are giving all the kudos of gambling winnings to luck. But you are so wrong. Luck might be part of gambling indeed, but to be factual, it is merely an expression, though I am fine with it. But believing that you must be lucky all the time before you win, then you are still not ready for gambling. Many aspects of gambling might need luck truly, but many other aspects of gambling rather need your expertise and management and not luck. If you are good at what you know and do, you will certainly make the money and will also be making it consistently. Many sports betters have always talked about the good side of it, they are making their money consistently and I must say that I am not taking the backseat in this regard as well.

So, as long as you know how to work things through with it and do not believe that one certain term called luck will be your saviour all the time, then it is highly likely that you will be successful via it. You need to know how to select the right teams, and also at the right time. You will do this through a whole lot of analytical means of sports, and by this, you will often know the team that will win mostly, which is so easy for me. Also, there are some aspects of the lotto as well to buttress this, for instance, that mathematical calculation will tell you the result (expertise). I've witnessed this many times where people win based on their calculations and expertise, but not luck. However, if you continue to rely on luck rather than know-how, you will continue to suffer in gambling.

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junder
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February 14, 2024, 03:20:06 PM
 #215


I agree with you, winning at gambling is only achieved by people who really have luck in gambling, even though there are people who try as hard as they can to gamble with the aim of winning, but if they don't have luck then it will all be in vain. in vain, this has been proven and I have felt it myself, where I have been gambling for a long time but have never won a big win, but with my own brother who doesn't know anything about gambling, he got a big win just by gambling once, this makes me believe that winning at gambling is just based on luck.

In my opinion, the magnitude of the temptation that gambling has is strong because I feel it myself, but with good thinking and being able to see the bad sides and impacts of gambling, I can finally restrain myself from gambling excessively. I am sure that only a few people can manage their winnings well, many gamblers still waste the winnings they have obtained, because they have been lulled by the large multipliers with their winnings.


Of course, the luck of all of us gamblers will never know when we will get it, whether we are professional gamblers or experienced gamblers, it is very likely that they will be far from winning, even for gamblers who are still beginners. he's only played two or three times, maybe he can get that win.
If your luck in gambling is not optimal then be patient, maybe one day you will get it.

Yes, of course, if gamblers are not equipped with a good understanding of gambling, they will easily be tempted by the atmosphere of the gambling place. This is very difficult to stop because gamblers do not realize that it is a trick to attract gamblers to gamble continuously until the money they have runs out.

In my opinion, even experienced gamblers, if they don't have luck, can't win at gambling, but what I see is that I usually see novice gamblers win, but with that, they become convinced that gambling can give them a definite win. but in reality it actually traps them themselves. So it's not surprising that many beginners gamble again after winning, because they were lulled by the initial win they got.

because indeed gambling will attract them to continue gambling, with the winnings that the casino gives to gamblers it can make them forget themselves, where they can be sure to continue gambling, even though gambling will not always give them a win. However, if they believe in gambling it will generate profits for the gambling company itself, and indeed that is the goal of the gambling company, to make many people confident in gambling but even so the company does not force gamblers to gamble.


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348Judah
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February 14, 2024, 03:23:49 PM
 #216

If you're ever privileged to have the opportunity of making high win in gambling, then try as much as possible to maintain this safety practice for yourself.

1. Avoid public announcement of your winnings.
2. Avoid friends without benefits to you in anyway.
3. Invest with your money and make business.
4. Avoid gambling or reduce the rate at which you do it for the main time.

R


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Fredomago
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February 14, 2024, 09:45:47 PM
 #217

If you're ever privileged to have the opportunity of making high win in gambling, then try as much as possible to maintain this safety practice for yourself.

1. Avoid public announcement of your winnings.
2. Avoid friends without benefits to you in anyway.
3. Invest with your money and make business.
4. Avoid gambling or reduce the rate at which you do it for the main time.

Avoid friends without benefits, someone who only shows up when they know that they'll be getting benefits from you, it's a must to put yourself in a reality of life, that kind of luck will not always be there so having those kinds of prevention is really needed,  though we mostly getting excited and it us who broadcast the win, people or those who so-called friends will arrive and will try to ask either a lend or they will for some money from you.

Better to start investing while you still have decent amount from your winnings, think ahead of time and look forward to a much better stand in terms of financial aspects.

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February 14, 2024, 09:52:39 PM
 #218

If you're ever privileged to have the opportunity of making high win in gambling, then try as much as possible to maintain this safety practice for yourself.

1. Avoid public announcement of your winnings.
2. Avoid friends without benefits to you in anyway.
3. Invest with your money and make business.
4. Avoid gambling or reduce the rate at which you do it for the main time.

Avoid friends without benefits, someone who only shows up when they know that they'll be getting benefits from you, it's a must to put yourself in a reality of life, that kind of luck will not always be there so having those kinds of prevention is really needed,  though we mostly getting excited and it us who broadcast the win, people or those who so-called friends will arrive and will try to ask either a lend or they will for some money from you.

Better to start investing while you still have decent amount from your winnings, think ahead of time and look forward to a much better stand in terms of financial aspects.
Expect that you would be flooded out with those so called  friends on which you dont even expect that they would really be having those approach on you on which it would really be just that
normal thing that there's someone who would really be pretending about congratulating you or saying some sweet words just for them to get some bonus or something such as this
on which its not something new anymore into those kind of people.This is why it would really be always ideal that you should really be that prepared if ever you do make those
nasty wins but of course it wont really be something that you would really be that not minding since we know that winning huge in gambling is really that close to impossible.
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February 14, 2024, 10:20:22 PM
 #219

Since my time of experiencing gambling I don't think that there is a method of that you can use that is obvious to escape loss in gambling or to continue a gambling within your own experience or your own strategies basically you and I knows that gambling is all about opportunity and when the opportunity come then you win the gambling without any strategic way but when the opportunity is not by your side you lose gambling so this is what I know concerning gambling because many people who is into gambling and they said that they have much experience and gambling they always lose in gambling but they don't share their experiences of loss to any other person so what I'm trying to say in summary is that there is no strategic way to ignore loss in gambling because it is something of luck

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February 14, 2024, 10:35:46 PM
 #220

If you're a profitable sports bettor or any casino player, you should make sure to save money for tax time.


Every 2 weeks I calculate my profit on and put 30% away in a ALLY bank savings account that earns 4% APY per year. This way I can earn a little interest on my gambling tax payments.


I also will preload 15% of the prior years winnings into the account, so that I have a good baseline for expected tax. For example, If I made $100k the prior year, I would put $15k at the start of the next year, so that I am earning 4% APY with the money I expect to pay in taxes when I make another 100k. (I will also add 30% of the profit per 2 weeks like mentioned above)

~snip~

I have always found this issue of taxes on gambling to be quite controversial... as the government already collects a lot of money from casinos and betting sites that could be used to provide more benefits for players and this is a tax that entrepreneurs pay in any situation. , both when the player wins and also when he loses.
So wouldn't the player having to pay taxes again on profits be a double tax?

Anyway, disregarding this doubt about what is "legal" or not in the collection, I found your responsibility for paying taxes very interesting too, many people certainly don't do this because they don't even know how to do it.
Generally in lottery winnings the tax is automatically deducted from the final prize, but in casinos it is not... this responsibility lies with the player/client

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