Double your money and quite

[redsun114]

is it Double your Money and QUIT?

if you can manage to know how gambling works and understand its deepest perspective ? then indeed that you can do such action because this is very responsible mate.

But the thing here is that ?it isn't that easy because the more you are winning is the more you are becoming greedy.

so that is really a different thing.

Besides being responsible, it's not easy or always possible for a gambler to double their money, one would lose everything in the process before they manage to do that because if it was that easy, everyone would have been earning money from gambling because double of your bankroll wouldn't always be a small amount and it should be enough for anyone in a single session, so before one reaches the point to be responsible, they will need to reach the 2x threshold first and most will fail in doing that.

Since it isn't easy to get 2x of your amount, I would even say that a person should quit even if they have got 1.5x or even 1.2x of their bankroll which means 20% above the initial bankroll, they should withdraw and go away until the next session, and they should make sure they aren't losing everything back in the next session.

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[Findingnemo]

Doubling your money strategy doesn't seem good to me, I agree that once you hit the desired reward quitting for the day is the best possible decision but 2x of your bankroll is not possible on everytime you gamble so better resize your strategy to have a realistic value to achieve.

Having a fixed goal in gambling itself is wrong in my perspective, I gamble, I just quit when I feel done irrespective of whether I am in profits or loss.

[Kelvinid]

Having a fixed goal in gambling itself is wrong in my perspective, I gamble, I just quit when I feel done irrespective of whether I am in profits or loss.

Great to see that you have that kind of discipline. For some gamblers, that's kinda hard to do, and personally I wouldn't stop gambling if i'm losing that I still have money in my wallet, but when I'm winning, I'm easy to get satisfied that's why I don't win a lot. I think having a target whether double or triple it is good, because that will make you a responsible gambler and that showed you can be satisfied based on your target.

[Litzki1990]

In gambling, a certain amount of money will never come in and a certain amount of money will never go out. In the case of gambling, money can multiply within seconds, and money can be lost multiple times within seconds. In gambling, if I always plan to gamble and of course I need double the profit, then I would say that is the highest risk because instead of double the profit, you end up losing all your money. I would never risk such a large amount of money in gambling but would rather be satisfied with a small profit by gambling with a small capital. I will be satisfied with a small profit so that even if I lose my money I will not lose all my money.

[Z_MBFM]

In gambling, a certain amount of money will never come in and a certain amount of money will never go out. In the case of gambling, money can multiply within seconds, and money can be lost multiple times within seconds. In gambling, if I always plan to gamble and of course I need double the profit, then I would say that is the highest risk because instead of double the profit, you end up losing all your money. I would never risk such a large amount of money in gambling but would rather be satisfied with a small profit by gambling with a small capital. I will be satisfied with a small profit so that even if I lose my money I will not lose all my money.

No one can double his money every time in gambling. That is why gambling should be used for fun and not seriously, and if one gambles for profit he should never wait for a fixed amount. Because gambling can never give a certain amount of profit every time. so if one wins in gambling and can make some profit then one should control himself and stop gambling immediately for that day and then gamble again normally. But if one panics and continues to gamble for high profit due to greed then he loses everything and cannot come back from gambling with profit.

[Findingnemo]

Having a fixed goal in gambling itself is wrong in my perspective, I gamble, I just quit when I feel done irrespective of whether I am in profits or loss.

Great to see that you have that kind of discipline. For some gamblers, that's kinda hard to do, and personally I wouldn't stop gambling if i'm losing that I still have money in my wallet, but when I'm winning, I'm easy to get satisfied that's why I don't win a lot. I think having a target whether double or triple it is good, because that will make you a responsible gambler and that showed you can be satisfied based on your target.

Life teach you certain things that can't be found anywhere.

Yeah, I understand the frustration when you are on the loss and trying to get back into atleast nil profits situation but again this will fall under chasing the loss which is the first step towards someone getting addicted, I am not saying that chasing will leads to an addiction but it can be.

Once in a while having such strategy is good but whenever you gamble, focusing more on the results will not end in the way we expected.

[Dewi Aries]

In gambling, a certain amount of money will never come in and a certain amount of money will never go out. In the case of gambling, money can multiply within seconds, and money can be lost multiple times within seconds. In gambling, if I always plan to gamble and of course I need double the profit, then I would say that is the highest risk because instead of double the profit, you end up losing all your money. I would never risk such a large amount of money in gambling but would rather be satisfied with a small profit by gambling with a small capital. I will be satisfied with a small profit so that even if I lose my money I will not lose all my money.

No one can double his money every time in gambling. That is why gambling should be used for fun and not seriously, and if one gambles for profit he should never wait for a fixed amount. Because gambling can never give a certain amount of profit every time. so if one wins in gambling and can make some profit then one should control himself and stop gambling immediately for that day and then gamble again normally. But if one panics and continues to gamble for high profit due to greed then he loses everything and cannot come back from gambling with profit.

True I think what you are saying is a true fact about gambling that anyone will not always be able to double the money they bring, I am not saying that you will always lose in gambling but what is certain is that if you gamble with the intention and purpose of earning then obviously the overall probability of losing will be greater, one of the reasons is because someone who comes with the intention and purpose of earning then they usually tend to gamble in an excessive way while on the other hand winning is nothing more than a chance, which means that you will not always be able to get.

As you said that this is the reason why we are more advised to make gambling a place for fun, because when you have the intention of entertainment then there will be no expectations embedded in you on winning which in turn makes you less interested and also which will indirectly make it easier for you to stop at the right time, knowing and having the ability when to row and when to stop will only be able to have when you gamble without expectations of winning.

[panjul07]

Doubling your money strategy doesn't seem good to me, I agree that once you hit the desired reward quitting for the day is the best possible decision but 2x of your bankroll is not possible on everytime you gamble so better resize your strategy to have a realistic value to achieve.

Having a fixed goal in gambling itself is wrong in my perspective, I gamble, I just quit when I feel done irrespective of whether I am in profits or loss.

Having a fixed goal is a must for me, this way I can control my gambling habits better because if I have no goal then I may not stop because as human we have "greed" which is hard to control if we dont set a limit before we start.
Even if we have set it before start, greed is still stronger most of the time but when we can remember our goal then it can help us to control the greed.
Of course it is not the only one, there must be a losing limit as well so both fixed losing limit and fixed goal is a good combinaton to avoid something bad.

[AnonBitCoiner]

This strategy will work for you and you will be able to get rid of addiction and will not think more about loss and win. I think everyone cannot apply the same strategy because for most of the people it is hard to forget their lost amount so they will surely chase their loss as a consequence of which they will make gambling as a necessity of life.

Gambling is a field where one wants to make huge money and if he fails to get then he tries again and again but the main thing that matters a lot is the control of emotions and use just a limited amount for gambling instead of utilizing your whole earnings because the more you use the more you will lose.

[coinerer]

Doubling your money strategy doesn't seem good to me, I agree that once you hit the desired reward quitting for the day is the best possible decision but 2x of your bankroll is not possible on everytime you gamble so better resize your strategy to have a realistic value to achieve.

Having a fixed goal in gambling itself is wrong in my perspective, I gamble, I just quit when I feel done irrespective of whether I am in profits or loss.

Having a fixed goal is a must for me, this way I can control my gambling habits better because if I have no goal then I may not stop because as human we have "greed" which is hard to control if we dont set a limit before we start.
Even if we have set it before start, greed is still stronger most of the time but when we can remember our goal then it can help us to control the greed.
Of course it is not the only one, there must be a losing limit as well so both fixed losing limit and fixed goal is a good combinaton to avoid something bad.

Having a specific goal is a boon especially in trading and gambling. I have faced so many times that after making huge profits I lost everything just to meet the target of 1-2$. so by always gambling with a certain amount target, I don't think anyone can successfully meet their target. Gambling should be used as fun and gambling losses should be able to be accepted happily.  If gambling is used for income, greed and emotion will work more in this case and the loss will be more than the profit

[rojan]

No one can double his money every time in gambling. That is why gambling should be used for fun and not seriously, and if one gambles for profit he should never wait for a fixed amount. Because gambling can never give a certain amount of profit every time. so if one wins in gambling and can make some profit then one should control himself and stop gambling immediately for that day and then gamble again normally. But if one panics and continues to gamble for high profit due to greed then he loses everything and cannot come back from gambling with profit.

I used to lose a lot of money in gambling and often fell into depression. But gambling requires patience. If a person can keep his mind under control while gambling, he can enjoy gambling properly. It is wrong to ever get excited while gambling.  No decision can be taken. Taking a wrong decision will likely put money at risk.

[Z_MBFM]

No one can double his money every time in gambling. That is why gambling should be used for fun and not seriously, and if one gambles for profit he should never wait for a fixed amount. Because gambling can never give a certain amount of profit every time. so if one wins in gambling and can make some profit then one should control himself and stop gambling immediately for that day and then gamble again normally. But if one panics and continues to gamble for high profit due to greed then he loses everything and cannot come back from gambling with profit.

I used to lose a lot of money in gambling and often fell into depression. But gambling requires patience. If a person can keep his mind under control while gambling, he can enjoy gambling properly. It is wrong to ever get excited while gambling.  No decision can be taken. Taking a wrong decision will likely put money at risk.

You can't do anything without risk. However, in gambling, risk should not be taken, at least with the intention of earning.  You can risk some of your money to gamble for fun, but you have to accept the loss of that money. Don't panic and try to recover those losses by being emotional.If you lose them, forget about it. I have never heard of anyone who hasn't lost gambling. all gamblers lose in gambling. Then you can focus on other tasks.  But if you don't gamble within the limit then you will become addicted to gambling and you won't be able to focus on any other source of income.

[Litzki1990]

In gambling, a certain amount of money will never come in and a certain amount of money will never go out. In the case of gambling, money can multiply within seconds, and money can be lost multiple times within seconds. In gambling, if I always plan to gamble and of course I need double the profit, then I would say that is the highest risk because instead of double the profit, you end up losing all your money. I would never risk such a large amount of money in gambling but would rather be satisfied with a small profit by gambling with a small capital. I will be satisfied with a small profit so that even if I lose my money I will not lose all my money.

No one can double his money every time in gambling. That is why gambling should be used for fun and not seriously, and if one gambles for profit he should never wait for a fixed amount. Because gambling can never give a certain amount of profit every time. so if one wins in gambling and can make some profit then one should control himself and stop gambling immediately for that day and then gamble again normally. But if one panics and continues to gamble for high profit due to greed then he loses everything and cannot come back from gambling with profit.

Why are you risking your money if you take gambling as fun, there are many games that are not risking money but for fun. That's fine if you're risking your money and you're gambling with your money and you're not too excited about winning or losing, or if winning or losing doesn't really affect you. But I can definitely say that a gambler after gambling definitely waits for his positive results. If a gambler doesn't care much about positive results or negative results, I would consider him to be gambling just for fun. If we win money by gambling, our amount of money increases and that is why we find gambling fun at that time but when a gambler is losing money, surely gambling will not be acceptable to him as fun.

[Fredomago]

No one can double his money every time in gambling. That is why gambling should be used for fun and not seriously, and if one gambles for profit he should never wait for a fixed amount. Because gambling can never give a certain amount of profit every time. so if one wins in gambling and can make some profit then one should control himself and stop gambling immediately for that day and then gamble again normally. But if one panics and continues to gamble for high profit due to greed then he loses everything and cannot come back from gambling with profit.

I used to lose a lot of money in gambling and often fell into depression. But gambling requires patience. If a person can keep his mind under control while gambling, he can enjoy gambling properly. It is wrong to ever get excited while gambling.  No decision can be taken. Taking a wrong decision will likely put money at risk.

Wrong decision making and being greed are factors that leads you losing your money, very important to remember before stepping your foot in this venue, have that good understanding and knowledge about the game and how things works when you already playing, I guess strategy works only if you are good in controlling your own emotions.

And in terms of being greed, which most of the time really push you to continue chasing more even though the original set up is just to double your bankroll and quit after, but once greed dominated you, instead of quitting with decent earnings, you will bet more and lose after.

[Rabata]

For me, when I play, I enter with the intention of double the amount of money and stop. This method may be followed by some people, and I do it sometimes. I determine the amount of money that I will gamble with, for example $100 and I try to get $200 and leave the casino or site if the plan worked  very well. If I am unlucky, once I lose $100, I will leave without adding a penny. What is interesting here is that even if I win, I stop and do not deviate from the scope of the plan. In such situations, especially when winning, the gambler may become greedy, and this may change the course of the game   .

By gambling one can earn money as well as enjoy gambling. But there is always the possibility of losing money rather than making money. I don't think any gambler will be successful there if he thinks that just withdrawing the money after he wins. A gambler should not gamble only to win. He should be gambling with the idea that he has to lose. There are many people who do a lot of research at the beginning of a bet so that it looks like they won't lose. But in reality the situation is different. No matter how well experienced you are, you have to manage gambling with the risk of losing. Of course a gambler must be cunning. If you get good results using your strategy then you can apply that strategy. It is possible to get relatively good results by not getting addicted to gambling and taking occasional breaks.

[junder]

Wrong decision making and being greed are factors that leads you losing your money, very important to remember before stepping your foot in this venue, have that good understanding and knowledge about the game and how things works when you already playing, I guess strategy works only if you are good in controlling your own emotions.

And in terms of being greed, which most of the time really push you to continue chasing more even though the original set up is just to double your bankroll and quit after, but once greed dominated you, instead of quitting with decent earnings, you will bet more and lose after.

Based on the reality, the only thing that will happen is defeat. It is clear that if we have a strategy, we can use it if we are good at controlling our emotions, as you said, it is true about this. because most people cannot control their emotions when gambling, in my opinion gambling also has a strong attraction that can make someone forget themselves about gambling. with those who have a strategy or target that is double or more than what they have invested in, but when they gamble, their goals or motives can change and the result of the gambling that will occur is defeat. Well, if we can control our emotions, maybe we can stop gambling when the gambling that has been carried out has ended in defeat or has reached the desired target.

Well, sometimes that can happen in my opinion, of course all gamblers definitely want a bigger win, and when they win by gambling, there is a chance that greed could arise at this time, and when that happens they will do it. The gambler is continuing his gambling by possibly increasing the bet amount to get an even bigger win. and I don't think it's strange for things like this, there have been many cases of greed dominating gamblers and encouraging them to do things that take big risks. Indeed, controlling emotions when gambling cannot be done easily, in fact I think not all gamblers can control their emotions.

[ethereumhunter]

I used to lose a lot of money in gambling and often fell into depression. But gambling requires patience. If a person can keep his mind under control while gambling, he can enjoy gambling properly. It is wrong to ever get excited while gambling.  No decision can be taken. Taking a wrong decision will likely put money at risk.

That happens to many people until now but they don't realizes their mistakes and keeps doing the same thing. Even though we can patience while gambling, we must always limiting our gambling activity because that can avoids us from the problems. It's quite difficult but we don't have a choice so we must learn to control our minds and not thinks about doubling our money from gambling. We will feels it's difficult to do and that's the truth so we don't have to try it instead just to use gambling to have fun and we can playing gambling in our spare time. We must prevents more excitement because that can makes us forget to limits ourselves from gambling. We must learn to be responsible gamblers if we wants to use gambling as an entertainment and not breaking our rules when playing gambling.

[Eternad]

Based on the reality, the only thing that will happen is defeat.

It’s not a reality and most definitely not gambling at all if the ONLY that will happen is defeat because there’s always a chance on gambling either win or lose but not just like what you said that only lose.

You are describing a scam casino rather than a general overview for gambling. It’s true that most of the time gambler lose on gambling but there’s also a time that a player win. So it’s not only lose but some people is winning also.

Gambling is risking money for a chance to win even though the risk involved is high for the players due to house edge,

[Findingnemo]

~
Having a specific goal is a boon especially in trading and gambling. I have faced so many times that after making huge profits I lost everything just to meet the target of 1-2$. so by always gambling with a certain amount target, I don't think anyone can successfully meet their target. Gambling should be used as fun and gambling losses should be able to be accepted happily.  If gambling is used for income, greed and emotion will work more in this case and the loss will be more than the profit

I think you meant bane, in trading the fixed target to achieve is good strategy but in gambling its a bane as said cause we don't have in control of the results that's why we should not expect the results to be on our favor. Meeting target in gambling can take just a couple of bet or it could take forever for the reason I mentioned above so just better be having a target on our bankroll management as primary thing when to quit the bet.

[noormcs5]

Besides being responsible, it's not easy or always possible for a gambler to double their money, one would lose everything in the process before they manage to do that because if it was that easy, everyone would have been earning money from gambling because double of your bankroll wouldn't always be a small amount and it should be enough for anyone in a single session, so before one reaches the point to be responsible, they will need to reach the 2x threshold first and most will fail in doing that.

Since it isn't easy to get 2x of your amount, I would even say that a person should quit even if they have got 1.5x or even 1.2x of their bankroll which means 20% above the initial bankroll, they should withdraw and go away until the next session, and they should make sure they aren't losing everything back in the next session.

When we hear the word double your money, then the first thing that comes in our mind is that it must be a scam and in most cases, it is really a scam. I never trust any programs or offers that says that they can give 2x straight profit or double your money. Such programs are not sustainable and sooner or later they will scam and end forever.

Now the big question is why people invest in such scam schemes when they know they are obvious scam. Well, the main reason is that these programs will give returns to the initial investors so people are willing to take risks. Secondly, everyone needs easy money and there is no easier money than these doublers programs and hence the laziness of people will be a major reason that people are not afraid to invest and try their luck even in the obvious scams.