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Author Topic: When is best for a player to draw the line?  (Read 1273 times)
uneng
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March 15, 2024, 12:49:54 PM
 #101

What kind of investment will be sustainable for a gambler?
There are many good investments alternatives for gamblers when choosing where to put the prize they made from betting. Diversification would be a good strategy, especially if we are talking about a big jackpot reward, which can be considered a life changer. Portions of money can be splitted between Bitcoin, altcoins, real estate, assets, stocks... I believe all of these categories of investments are sustainable, and if one of them is doing badly for a while, the investor will still have all the other investments working for him and generating passive income.

do you think gambling with the profits is an investment?
Gambling is never an investment, unless you are investing in the casino's bankroll. Gambling with profits is just a smart way to keep your gambling routine sustainable, without harming your finances and losing patrimony on long run. It means you are risking money you can afford to lose, as you know the profit you are using to gamble will be replenished on the next month through your investments.

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March 15, 2024, 01:16:08 PM
 #102

Stop when you lose all the money you set aside for gambling, stop when you win a good amount of money.

Unfortunately many gamblers did opposites, they will gamble without thinking about their losses and when they're win, they will try to gamble more in order to achieve the biggest winnings they can make.

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March 15, 2024, 02:27:43 PM
 #103

Stop when you lose all the money you set aside for gambling, stop when you win a good amount of money.

Unfortunately many gamblers did opposites, they will gamble without thinking about their losses and when they're win, they will try to gamble more in order to achieve the biggest winnings they can make.

Greed is real. And greed tempted people to do the opposite. Contentment and sticking to the plan is necessary but only disciplined and responsible bettors can do it. Sometimes I wonder if we can really blame gambling when some people are addicted into it. Greedy people can be greedy with or without gambling.

I can be tempted as well which is why I set time limits and strict budget every time I bet. So which ever happened first I have to stop. Even during days that I got lucky, I usually keep half of the winnings.

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March 15, 2024, 02:36:40 PM
 #104

1-when you lose?
2- when you win?
A gambler often needs to take breaks while gambling. Some take a break after winning there and some may take a break even after losing. But there are many who never take a break as long as they lost their entire bankroll. This attitude is especially prevalent among addicted gamblers. Some people think that taking a regular break from gambling must be a difficult task. I try to keep a small amount of money in gambling so that I don't have any greed at work there. I try to take a little break there after a win or a loss. But i can not take break always. If my bankroll is reached comparatively good position, I try one win after another, but my bet amounts will be relatively small at that moment.

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March 15, 2024, 02:40:57 PM
 #105

Stop when you lose all the money you set aside for gambling, stop when you win a good amount of money.

Unfortunately many gamblers did opposites, they will gamble without thinking about their losses and when they're win, they will try to gamble more in order to achieve the biggest winnings they can make.

Greed is real. And greed tempted people to do the opposite. Contentment and sticking to the plan is necessary but only disciplined and responsible bettors can do it. Sometimes I wonder if we can really blame gambling when some people are addicted into it. Greedy people can be greedy with or without gambling.

I can be tempted as well which is why I set time limits and strict budget every time I bet. So which ever happened first I have to stop. Even during days that I got lucky, I usually keep half of the winnings.
When greed kicks in then this is the moment you would really be telling into yourself that this is something that cant be stopped. Wait? Are you able to say such thing? No you wont because the main
thing that you would really be having in mind is that you should really be playing no matter what and as long you wont really be able to hit up your target profit then you wont really be caring
about on the money that you would really be spending as long you do have something on your pocket on which you could be able to play gambling then you would really be definitely doing it.

On the time that you do gamble then it would really be always best that you should really know on when to stop whether you are on profits or on such loses.
Its impossible that you wont really be wary about on the condition that you are in because losing up money is never been that something you wont mind.
It does hurt and we do give out importance too much when it comes to money.

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March 15, 2024, 02:54:19 PM
 #106

Of course, the main reason to quit gambling is losing. When we lose, we have to stop. This is logical and natural, because continuing a series of losses can lead us to financial disaster. On the other hand, a big win should not only stop us, it should make us think about the advisability of further continuing the game. We need to extract some meaningful part from this big win and isolate it from the bets. This must be done so that in case of loss we still have at least some amount of money left.
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March 15, 2024, 03:44:56 PM
 #107

Of course, the main reason to quit gambling is losing. When we lose, we have to stop. This is logical and natural, because continuing a series of losses can lead us to financial disaster. On the other hand, a big win should not only stop us, it should make us think about the advisability of further continuing the game. We need to extract some meaningful part from this big win and isolate it from the bets. This must be done so that in case of loss we still have at least some amount of money left.

That's also my question about whether it's true that the amount is the entire savings for his life or he still has money in the right, losing is the main situation that requires us to draw a line or stop as soon as possible, eliminate all thoughts of returning something that has been lost because victory is like the wind or something invisible that will make anyone never know how to get it no matter how skilled you are. But most gamblers have a problem in which they find it difficult to ignore their emotions when they are in a situation like this which in turn can lower the level of consciousness which ultimately makes them not hesitate to take some actions that are actually beyond their abilities and can also trigger a big impact on their finances.

The truth is that in gambling drawing the line or stopping always applies to both winning and losing situations, the uncertainty and randomness of the gambling system in terms of determining who will win is the reason, therefore stopping when you lose and also stopping when you manage to get a win then choose to cash out as soon as possible is the best decision, and yes it is true that separating some money from the winnings is a smart move so that when some other money is lost due to losing then you still have other money left that you have separated before.


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March 15, 2024, 04:13:06 PM
 #108

If I have won small amount of money as I am gambling with small amount of money and going for low odds, I will stop gambling for the day.

If I am losing, I know I should stop for me not to lose more.

Sometimes I gamble at once with big amount but not huge. If I lose, I stop. If I win I stop. I do this if I do not gamble much that week and if I just have little time to gamble.
Actually 2 weeks ago I made a loss gambling all because I just wanted to continue getting wins, I started at first making small wins but I just continued till I was having little to nothing remaining with what I actually started to gamble that day and then I realized I need to take a break.

Before when I make a loss I don't see any reason to continue but that day was different because the last time I gamble before that day, that same strategy works and so I thought it would work again but I guess wrong.

Anyway with the break I Came up with a strategy similar to this, I just play few games and if I win Thank God and if I lose Thank God. After all I don't really think of trying to get my money back when I lost in gambling but always try to learn from my mistakes to become a better gambler.

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March 15, 2024, 04:49:54 PM
 #109

In the heart of the gambling frenzy, two critical moments beg for a single action: a break. It might seem counterintuitive, a pause in the pursuit of that elusive win. But here's the secret - stepping away, win or lose, is the ultimate power play.

Losing requires a break for a different reason. It's a mental game, and emotions run high after a loss. Taking a step back allows logic to replace the sting of defeat. It's a chance to assess the situation calmly, to avoid the pitfall of throwing good money after bad in an attempt to recoup losses.

The win might be the most tempting time to keep gambling. The euphoria, the feeling of invincibility – it screams "go for more!" But this is where discipline becomes your secret weapon. A break allows you to savor the win, to lock it in as a positive experience. It prevents the insatiable desire to chase an even bigger win, a chase that often ends in bitter defeat.

SUGAR
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umbara ardian
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March 15, 2024, 05:14:09 PM
 #110

The biggest mistake gamblers make?  Believing in the "easy money" myth. This false hope fuels addiction and clouds judgment.  Imagine walking into a casino with visions of a luxury yacht on the horizon. That's a recipe for disaster.

So, how do you enjoy the thrill without getting burned?  Discipline is your secret weapon.  Special gambling days, time limits, and fixed budgets – these are the guardrails that keep things fun.  You're setting clear boundaries, like a time limit at an amusement park.  The ride ends when the timer buzzes.

It works whether you win or lose.  A win doesn't signal a hot streak; it's a cue to walk away, pockets full and ego in check.  Losses, on the other hand, don't trigger a desperate chase.  You stick to your budget, knowing there's always another game for another try.

SUGAR
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Die_empty
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March 15, 2024, 05:38:18 PM
 #111

When do you stop?
Some stop gambling immediately the record a big lose, while others continues when they lose with hope of recovering.
Some other gamblers stop playing when the win they first few games, while other continue to chase the loses, and technically ww can tell in accuracy when this things happens, but when is the best time to stop gambling and take a break?

1-when you lose?
2- when you win?
There is a difference between a short and long gambling break. I don't spend so much time on gambling because I also have other activities that take my time. However, I take my break during half-time if it is a sports bet, especially football games. Since I have a gambling plan, I immediately stop betting when I exhaust my budget for the day or weak. There is also a need to take a long break if you have a loss consistently for a long period. Taking a long break might also be helpful if one observes that he is over gambling or it is affecting his health negatively. To answer your question OP, I dont take a break when i lose or win but when i have finished my gambling budget.

What kind of investment will be sustainable for a gambler?
There are many good investments alternatives for gamblers when choosing where to put the prize they made from betting. Diversification would be a good strategy, especially if we are talking about a big jackpot reward, which can be considered a life changer. Portions of money can be splitted between Bitcoin, altcoins, real estate, assets, stocks... I believe all of these categories of investments are sustainable, and if one of them is doing badly for a while, the investor will still have all the other investments working for him and generating passive income.
I don't consider gambling as an alternative source of income because it is not. It is just a game of luck so how can I depend on luck to provide for my needs? Gambling for me is entertainment that might or might not generate a reward.

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March 15, 2024, 05:51:33 PM
 #112

Just for discussions and ways to educate or share knowledge with ourselves when and how to draw the line when gambling,  because for some reasons, some gamblers have arrived at unstable realities because of the lack of stoppage time while gambling so let's talk.
When do you stop?
Some stop gambling immediately the record a big lose, while others continues when they lose with hope of recovering.
Some other gamblers stop playing when the win they first few games, while other continue to chase the loses, and technically ww can tell in accuracy when this things happens, but when is the best time to stop gambling and take a break?

1-when you lose?
2- when you win?
This is a question I believe will attract alot of different individuals answers since we all are not the same, and are not gambling in the same capacity, and for the same reasons.
Some are gambling with money they can't really afford to lose, which means that, once the loose that money, they either stop gambling out of shock and disbelieve, and regret the mistake they have made, or continue to gamble in hopes of recovering back the money.

While some other gamblers are only gambling with money they can afford to lose, so even if they lose or win a bet, they are still very much comfortable to continue to play since they are only betting amounts they can afford to lose.

We have other gamblers who are gambling as professionals, that is, gambling is their source of income, and for such People, they neve quit until they meet a certain target.
while there are others who are just gambling for fun, win or lose? They are comfortable to continue to gamble until they have gambled to their full.

So, overall, answered will totally depend on the type of gambler the responder is.
As for me, after having experienced what it feels like to lose money one can't afford to lose to gambling, I've made sure to never bet more than I can afford to lose, and to this effect, I always stop gambling immediately I win a reasonable amount of money, because continuing at that moment, I might be tempted to bet more than I can afford to lose out of excitement.

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March 15, 2024, 06:27:12 PM
 #113

Gambling is full of uncertainty, no matter how good the strategy and game tricks we master, we will never know for sure what the final result will be, win or lose. However, losing in gambling is a certainty that we will get, while winning is only a possibility. Gambling has a very high level of risk of losing money, and if this activity is not controlled properly then this activity will not only cause financial losses, but can also cause other negative impacts that can affect the balance of our lives. Therefore, it is quite important for us to be able to manage our gambling activities well, and one sign that we have good self-control over gambling activities is that we know and are able to determine when we should start gambling and when we should end it. And it would be better if gambling was done only when we have free time, after completing work and other activities. And whether losing or winning in gambling is a normal thing, but when we experience a significant loss, it would be good if we stopped the activity for a moment to just reduce our emotions and regain control of ourselves, because in situations like this our emotions tend to become chaotic. and uncontrolled, which could result in us making wrong decisions, or in other words betting irrationally. Where in the end behavior like this will only result in even greater losses. Likewise, when we win, it would be better if we ended the gambling activity and chose to withdraw the winnings, because if not, there is a possibility that we will lose the winnings.

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March 15, 2024, 08:27:10 PM
 #114

Just for discussions and ways to educate or share knowledge with ourselves when and how to draw the line when gambling,  because for some reasons, some gamblers have arrived at unstable realities because of the lack of stoppage time while gambling so let's talk.
When do you stop?
Some stop gambling immediately the record a big lose, while others continues when they lose with hope of recovering.
Some other gamblers stop playing when the win they first few games, while other continue to chase the loses, and technically ww can tell in accuracy when this things happens, but when is the best time to stop gambling and take a break?

1-when you lose?
2- when you win?

It is not really easy for anyone to draw the line after one win. There will always be a greater desire to get more, more and more. The best time to draw the line is when you perceive your gambling lifestyle is having a negative effect on you. Many gamblers begin to face challenges after a one time win, they would keep playing, playing and playing just to win again.  They do this not realising that their quest to win has taken over their entire being and people begin to notice that they are addicted to gambling. Same applies to those who are  trying hard to recover all they've lost before they will quit. This is laughable because they will lose the more they try and when they eventually win, there is no guarantee that they will want to draw the line, infact winning is never a motivation to quit. Draw the line if you are taking too risky extreme measures in gambling, yet you ain't getting any benefit in return.

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March 15, 2024, 09:01:36 PM
 #115

The biggest mistake gamblers make?  Believing in the "easy money" myth. This false hope fuels addiction and clouds judgment.  Imagine walking into a casino with visions of a luxury yacht on the horizon. That's a recipe for disaster.

So, how do you enjoy the thrill without getting burned?  Discipline is your secret weapon.  Special gambling days, time limits, and fixed budgets – these are the guardrails that keep things fun.  You're setting clear boundaries, like a time limit at an amusement park.  The ride ends when the timer buzzes.

It works whether you win or lose.  A win doesn't signal a hot streak; it's a cue to walk away, pockets full and ego in check.  Losses, on the other hand, don't trigger a desperate chase.  You stick to your budget, knowing there's always another game for another try.

The time limit is an interesting idea but contradicts your advice to leave in case of a big win or loss of the deposit. In order to stick to the chosen time allotted for gambling, we also need money management that would not allow us to lose all the money at once (it is difficult to resist continuing if you wanted to play for a couple of hours but lost your deposit in the first 15 minutes). The correct decision would be to reduce the bet if we hit a loss streak. As for the big win, the right decision would be to withdraw the main winnings and continue playing with the initial deposit.

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March 15, 2024, 09:02:02 PM
 #116

Just for discussions and ways to educate or share knowledge with ourselves when and how to draw the line when gambling,  because for some reasons, some gamblers have arrived at unstable realities because of the lack of stoppage time while gambling so let's talk.
When do you stop?
Some stop gambling immediately the record a big lose, while others continues when they lose with hope of recovering.
Some other gamblers stop playing when the win they first few games, while other continue to chase the loses, and technically ww can tell in accuracy when this things happens, but when is the best time to stop gambling and take a break?

1-when you lose?
2- when you win?

It is not really easy for anyone to draw the line after one win. There will always be a greater desire to get more, more and more. The best time to draw the line is when you perceive your gambling lifestyle is having a negative effect on you. Many gamblers begin to face challenges after a one time win, they would keep playing, playing and playing just to win again.  They do this not realising that their quest to win has taken over their entire being and people begin to notice that they are addicted to gambling. Same applies to those who are  trying hard to recover all they've lost before they will quit. This is laughable because they will lose the more they try and when they eventually win, there is no guarantee that they will want to draw the line, infact winning is never a motivation to quit. Draw the line if you are taking too risky extreme measures in gambling, yet you ain't getting any benefit in return.

Yes, most gamblers find it difficult to really maintain their awareness or realize that the winnings they managed to get are nothing more than luck, one of the reasons is because they are too excessive in responding to the situation of excitement from the winnings they get until in the end they feel that it is the right time to increase the amount of bets to get a bigger amount as applying greed when dopamine levels in the brain experience an increase due to a very exciting situation.

Actually someone who has entered the addiction phase or simply those who come with the intention and purpose to earn then obviously they will find it difficult to decide to stop, no matter what the circumstances are, because obviously even though they win but greed will be a part that is difficult for them to ignore which in the end makes them lose everything they have earned and also when the situation loses then they will not be able to truly accept the circumstances of the situation that is not wanted, and also pursue victory to restore something that has been lost they will definitely do. So the point is that drawing the line or quitting will always be easy if you are basically not a gambler who comes with the intention of earning or it will be easy for someone who is not addicted, so what should be considered is how to keep us from falling into a cycle of addiction, such as applying various things or actions that are suggested.

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goaldigger
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March 15, 2024, 09:06:13 PM
 #117

Of course, the main reason to quit gambling is losing. When we lose, we have to stop. This is logical and natural, because continuing a series of losses can lead us to financial disaster. On the other hand, a big win should not only stop us, it should make us think about the advisability of further continuing the game. We need to extract some meaningful part from this big win and isolate it from the bets. This must be done so that in case of loss we still have at least some amount of money left.
Setting limits will help you secure your profit and avoid further losses, you must always have your target.
Don’t gamble irresponsibly and avoid chasing losses, though I understand if you are gambling with a lot of emotions and most of the time you can’t make a decisions for your own benefit, with this you just have to remember your target and your limit, and you should commit with it at all cost.

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March 15, 2024, 09:25:07 PM
 #118

Stop when you lose all the money you set aside for gambling, stop when you win a good amount of money.

Unfortunately many gamblers did opposites, they will gamble without thinking about their losses and when they're win, they will try to gamble more in order to achieve the biggest winnings they can make.
Gambling is just between winning and losing. If you are losing your funds consistently, to the extent of breaking your budget in gambling, then this is a good sign that you should stop gambling already. Otherwise, you’ll face big troubles when you happen to lose all your hard-earned money just because you find it hard to stop your gambling urge.

Now, if you are winning at a consistent basis and you end up saving huge profits, that’s the best time to stop gambling and leave the casino immediately. Otherwise, the casino will take back your profits until you lose them all again in the house just because you fail to manage your greed for gambling profits.

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March 15, 2024, 09:27:56 PM
Last edit: March 15, 2024, 09:47:55 PM by AmoreJaz
 #119

Of course, the main reason to quit gambling is losing. When we lose, we have to stop. This is logical and natural, because continuing a series of losses can lead us to financial disaster. On the other hand, a big win should not only stop us, it should make us think about the advisability of further continuing the game. We need to extract some meaningful part from this big win and isolate it from the bets. This must be done so that in case of loss we still have at least some amount of money left.
Setting limits will help you secure your profit and avoid further losses, you must always have your target.
Don’t gamble irresponsibly and avoid chasing losses, though I understand if you are gambling with a lot of emotions and most of the time you can’t make a decisions for your own benefit, with this you just have to remember your target and your limit, and you should commit with it at all cost.

Usually, that's the dilemma of most gamblers. Once they are having losses, they want to play more to recover losses up until it is already too late for them. This is why if your disposition is still clear, better change your route, and pause for a while. Because if you will try to get back those losses, you will go deep and will encounter more trouble.

The biggest mistake gamblers make?  Believing in the "easy money" myth. This false hope fuels addiction and clouds judgment.  Imagine walking into a casino with visions of a luxury yacht on the horizon. That's a recipe for disaster.

So, how do you enjoy the thrill without getting burned?  Discipline is your secret weapon.  Special gambling days, time limits, and fixed budgets – these are the guardrails that keep things fun.  You're setting clear boundaries, like a time limit at an amusement park.  The ride ends when the timer buzzes.

It works whether you win or lose.  A win doesn't signal a hot streak; it's a cue to walk away, pockets full and ego in check.  Losses, on the other hand, don't trigger a desperate chase.  You stick to your budget, knowing there's always another game for another try.

Stopping your gambling activities doesn't really depends on whether you win or lose. It is a process of acceptance that you need to contemplate about. What you are going to do with your life and where you are heading at.
Some of the things you want to consider when to stop -
> your financial status, how much you can really afford such losses in gambling?
> the stance of your loved ones towards gambling, are they being affected by your habit?
> your overall well-being, mental health; how are you in front of your games? sleepless nights, restlessness?
> is it affecting your goals in life?

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March 15, 2024, 09:33:58 PM
 #120

In my case I deposit money every time because I don't keep any funds in casinos for more than a day, so the moment I stop at a loss is the moment I have no more bankroll.
I don't understand people who deposit more than they're willing to lose and then have to set up stops that they later ignore and get depressed and suicidal over it. That's a self-destructive behavior.
When it comes to wins, I usually get that warning sign when I double my money, so if it's a joke of a bet of like $5 or something and I double it, it doesn't count, but if I come to a casino with $100 and I now have $200, that's the moment when I give up for the day and leave. Sometimes I break this rule and make one last bet, but with no more than 10% of all my money and see if this is some lucky streak. Regardless of the outcome that's the last bet and I take the money after that last checkup.

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