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Author Topic: Double your money and quite  (Read 6095 times)
DaNNy001
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July 29, 2024, 03:06:59 PM
 #941

I guess I will sometimes bet like this.  Let's say I go to a casino and then double my money.  I don't just walk away, what I will do is take my principle and then pocket that.  I will then gamble the rest of the evening with whatever I have left above my cost basis, which sometimes I lose all of, but other times I end up doubling or tripling, just depending on the situation.


Smart strategy, it's has a little risk involved but it's smart, gambling is strictly based on luck, the reason why I don't just double up my funds and leave is because doubling your money and quitting for the day doesn't guarantee that you will be in profit especially if you are still going to gamble the next day, you might lose the profits you've earned the next day or that same week.. sometimes I just decide to go beyond tripling my funds that same day if I can because I know that it's all based on luck

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July 29, 2024, 03:28:26 PM
 #942

We must be decisive not only when gambling but in life in general, as those are the people that often are able to get what they want out of their lives, so even if for the majority of us is impossible to obtain long term profits when we gamble, obtaining short term profits is entirely possible, as we could earn money in a session or two, and if we want to have the joy and the good memory of having obtained those wins, then we need to put a limit to the amount of money we want to win and make a withdrawal once that amount has been reached.

That's right, you need to put that limit and simply quit when things still in your side, not to ruin your luck and take advantage of the situation, it's always best to have that kind of mindset, a wise decision making that will allow you to not just to enjoy but also to make money while taking that opportunity that luck provides, as not every time you can achieve such outcomes.

Yes, it is a good idea to keep us away from unwanted possibilities such as losing a number of wins that you have already earned because luck is lost unexpectedly, meaning as you said that we need to stop when we have managed to win, never assume that luck is still long, because you will never know when luck will be lost.

Remember that there is still tomorrow where you will definitely gamble again with zero chances, meaning you will repeat the session without knowing whether you will win or lose, meaning when it turns out that now you have won then of course a wise decision must be made immediately, namely by stopping and cashing out, and if tomorrow you want to gamble again then you can use the amount of the winnings you just got now, meaning you only turn the money from the winnings and not pure money from your pocket.

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July 29, 2024, 03:52:54 PM
 #943

At the same time, playing more and more gambling, the gambler pays a commission to the casino, which eventually becomes a rather hefty amount.
Therefore, I sometimes thought that the minimum commission will be charged to the gambler if he enters the casino, makes one bet on red or black, and after receiving the result leaves the casino) and after all, everything is logical - the gambler with this method will have the greatest chance of winning, in fact it will be almost 50-50. to me, these are quite excellent odds in the casino.
But compared to trading, these are very poor chances.
How you can compare gambling with trading. I think there is no relation between gambling and trading. On trading, you can buy/sell at any time and there is no chance of being 0. But in the casino, there is no chance to stop a bet after clicking on the bet, and also gambling fund can be 0 at any time.

Trading is not similar to gambling but futures trading has a lot of similarities, especially when you do futures trading there is a chance that your funds will be zero, while in gambling you will bet and if you lose the funds will be zero.
But spot trading fund is less likely to be zero but many times many people lose their money in trading and lose their money in the same way in gambling which is why they consider these two mediums as same.
But being two different things, casino and trading have similarities when a person loses funds by trading and loses funds by placing bets.

R


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July 29, 2024, 03:56:35 PM
 #944

At the same time, playing more and more gambling, the gambler pays a commission to the casino, which eventually becomes a rather hefty amount.
Therefore, I sometimes thought that the minimum commission will be charged to the gambler if he enters the casino, makes one bet on red or black, and after receiving the result leaves the casino) and after all, everything is logical - the gambler with this method will have the greatest chance of winning, in fact it will be almost 50-50. to me, these are quite excellent odds in the casino.
But compared to trading, these are very poor chances.
How you can compare gambling with trading. I think there is no relation between gambling and trading. On trading, you can buy/sell at any time and there is no chance of being 0. But in the casino, there is no chance to stop a bet after clicking on the bet, and also gambling fund can be 0 at any time.
I agree with you that gambling shouldn't be compared with trading since trading is a skill and gambling is not. Trying your luck is different from buying and selling even though they are both risky. One can be a professional trader but one cannot be a professional gambler because it cannot be mastered. From my own point of view, I see unskilled traders as gamblers because they are putting money on what they don't have the knowledge on just to try their luck because they think it is a get rich quick scheme.

R


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July 29, 2024, 04:04:00 PM
 #945

Sometimes gamling is just by choice when you know your gambling strategy and how it favor you you have to stick to it and do it rightly that is just the only option and what I observe in gambling, some people only gamble to double their money and some only gamble to make all the money in the whole world.
The only thing I understand is that gambling is just by choice and understanding, it not by any one rules.

You are only being sarcastic here. I assume you know that it is not possible for anyone to be able to make all the money in the world from gambling. Even an expert in gambling, both in sports and casino games, cannot  make more profit than the casino because in casino games, we have the house edge that allows the casino to have a better advantage than the gamblers. Some people can only be lucky to win huge amount but if they are not smart to leave on time, they can still lose all the money.

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July 29, 2024, 04:06:15 PM
 #946

I agree with you that gambling shouldn't be compared with trading since trading is a skill and gambling is not. Trying your luck is different from buying and selling even though they are both risky. One can be a professional trader but one cannot be a professional gambler because it cannot be mastered. From my own point of view, I see unskilled traders as gamblers because they are putting money on what they don't have the knowledge on just to try their luck because they think it is a get rich quick scheme.
Trading and gambling are two different things that cannot be compared, trading relies on trading analysis and they have the opportunity to achieve accuracy in the price that has been predicted but gambling completely relies on luck, so that is the point that is very different from the two things, but they have the same interesting opportunities profit and stop gambling activities, so it is recommended that you gamble wisely to withdraw profits and stop gambling when you do not experience luck in winning.
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July 29, 2024, 04:18:18 PM
 #947

`
Yes, it is a good idea to keep us away from unwanted possibilities such as losing a number of wins that you have already earned because luck is lost unexpectedly, meaning as you said that we need to stop when we have managed to win, never assume that luck is still long, because you will never know when luck will be lost.

Remember that there is still tomorrow where you will definitely gamble again with zero chances, meaning you will repeat the session without knowing whether you will win or lose, meaning when it turns out that now you have won then of course a wise decision must be made immediately, namely by stopping and cashing out, and if tomorrow you want to gamble again then you can use the amount of the winnings you just got now, meaning you only turn the money from the winnings and not pure money from your pocket.
One of a winner's moves is knowing when to leave. You are wise in thinking that way. Not about chance, people, this is not. Luck is a friend that is erratic. The high roller of today can be tomorrow's paucer. The Buddhists understood it exactly, believe me. You will have to let go. Walk away after taking those profits. That is not shameful in any sense. Its about keeping control and not allowing avarice rule over you.

And with only your earnings, too? Thats intelligent thinking. You're not jeopardizing what you cannot afford to lose. Recall, gambling should be enjoyable. Entertainment, not a retirement strategy. You therefore keep playing your game, preserve your discipline, and enjoy the trip. You win in life exactly this way.

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July 29, 2024, 04:20:40 PM
 #948

Sometimes gamling is just by choice when you know your gambling strategy and how it favor you you have to stick to it and do it rightly that is just the only option and what I observe in gambling, some people only gamble to double their money and some only gamble to make all the money in the whole world.
The only thing I understand is that gambling is just by choice and understanding, it not by any one rules.

You are only being sarcastic here. I assume you know that it is not possible for anyone to be able to make all the money in the world from gambling. Even an expert in gambling, both in sports and casino games, cannot  make more profit than the casino because in casino games, we have the house edge that allows the casino to have a better advantage than the gamblers. Some people can only be lucky to win huge amount but if they are not smart to leave on time, they can still lose all the money.
Lols, you are absolutely right bud, even as common as this is, it's still very visible that some gamblers still dont understand what really goes in gambling, many still think that gambling is a getway to becoming rich over night, this is exactly the same type of mindset I started gambling with, and to be honest wit you, it really affected me alot because in my first month of gambling and not winning a dime, I thought about all money I've lost and I was always angry with myself and those around me, this was when I indeed realized that gambling wasn't really what I thought it was, I realized that winning in gambling and making a good profit isn't really as easy as I thought it was.

So, like you, I am also assuming that adpinbr is just joking around, even the casino with a way better house edge and with all the money they are making off gamblers loses, can't make all the money In the world, not to talk of gamblers who are inclined to loses most of the time.

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July 29, 2024, 04:26:09 PM
 #949

I agree with you that gambling shouldn't be compared with trading since trading is a skill and gambling is not. Trying your luck is different from buying and selling even though they are both risky. One can be a professional trader but one cannot be a professional gambler because it cannot be mastered. From my own point of view, I see unskilled traders as gamblers because they are putting money on what they don't have the knowledge on just to try their luck because they think it is a get rich quick scheme.
Trading and gambling are two different things that cannot be compared, trading relies on trading analysis and they have the opportunity to achieve accuracy in the price that has been predicted but gambling completely relies on luck, so that is the point that is very different from the two things, but they have the same interesting opportunities profit and stop gambling activities, so it is recommended that you gamble wisely to withdraw profits and stop gambling when you do not experience luck in winning.
Yes of course trading and gambling are two completely different things. Gambling is a game of luck that is used for fun although many people gamble for income as well.  But trading is a type of digital business where a digital coin is bought and sold at a profit. And you have to stake money in gambling, if you lose, you lose the whole money.  So one cannot in any way equate trading with gambling. In the case of gambling, if one can win and double his money after placing a bet, then it is better to quit gambling immediately.  Because if he continues to gamble, there is a possibility of losing all the money. there are some things to keep in mind while gambling.

  • Gambling with brakes
  • Gambling with a cool brain without panicking
  • Do not gamble while drunk
  • Use the amount of money in gambling as much as you can afford to lose
  • Keep control over yourself

and etc.......











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July 29, 2024, 04:36:53 PM
 #950

Gambling to double your money and quit immediately is easier said than done if you ask me and my reason of saying that is because when most gamblers win big, they tend to find it very difficult to quit. After big wins, gamblers are always tempted to try more which sometimes favors them and the other times, they do lose everything including their initial wins. So if I'm to advise a gambler, I think it's okay to gamble when you feel like to engage in it at your convenience and not because you want to double your money.

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July 30, 2024, 11:26:56 AM
 #951

Gambling to double your money and quit immediately is easier said than done if you ask me and my reason of saying that is because when most gamblers win big, they tend to find it very difficult to quit. After big wins, gamblers are always tempted to try more which sometimes favors them and the other times, they do lose everything including their initial wins. So if I'm to advise a gambler, I think it's okay to gamble when you feel like to engage in it at your convenience and not because you want to double your money.

That's quite right, and casinos know this.

They will try their best to keep the winning gambler inside the casino, by giving them free drinks and food, etc.

That's nothing compared to the cost they are going to save when the gambler continues to gamble their winnings and puts all the money back into the casino, usually with some extra as well.
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July 30, 2024, 01:48:20 PM
 #952

Gambling to double your money and quit immediately is easier said than done if you ask me and my reason of saying that is because when most gamblers win big, they tend to find it very difficult to quit. After big wins, gamblers are always tempted to try more which sometimes favors them and the other times, they do lose everything including their initial wins. So if I'm to advise a gambler, I think it's okay to gamble when you feel like to engage in it at your convenience and not because you want to double your money.

Many gamblers do not imagine the moment after which they would stop playing. Yes, most people think like this: "I will win a huge amount and then I will stop playing. I will start doing business and will never go to the casino again." But this is just a fantasy.
The trap of winning in a casino is that if someone wins, he will think like this: "I have won now and I can multiply this money as easily as I could do it now." And the gambler does not withdraw the money. Unfortunately, then comes the loss.

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July 30, 2024, 02:06:42 PM
 #953

`
Yes, it is a good idea to keep us away from unwanted possibilities such as losing a number of wins that you have already earned because luck is lost unexpectedly, meaning as you said that we need to stop when we have managed to win, never assume that luck is still long, because you will never know when luck will be lost.

Remember that there is still tomorrow where you will definitely gamble again with zero chances, meaning you will repeat the session without knowing whether you will win or lose, meaning when it turns out that now you have won then of course a wise decision must be made immediately, namely by stopping and cashing out, and if tomorrow you want to gamble again then you can use the amount of the winnings you just got now, meaning you only turn the money from the winnings and not pure money from your pocket.
One of a winner's moves is knowing when to leave. You are wise in thinking that way. Not about chance, people, this is not. Luck is a friend that is erratic. The high roller of today can be tomorrow's paucer. The Buddhists understood it exactly, believe me. You will have to let go. Walk away after taking those profits. That is not shameful in any sense. Its about keeping control and not allowing avarice rule over you.

And with only your earnings, too? Thats intelligent thinking. You're not jeopardizing what you cannot afford to lose. Recall, gambling should be enjoyable. Entertainment, not a retirement strategy. You therefore keep playing your game, preserve your discipline, and enjoy the trip. You win in life exactly this way.
You are considered as winner on the time or moment that you do able to make withdrawals on which you never tended up to go back and deposit those winnings into the casino .
Usually people on the winning moment will really be that become confident and on the time that they would really be losing up their money then they would really be making those
deposits back and ending up for them to have such busting all the money capital + profits winnings in that certain session. Only a few or rare chance for those who had been able to secure
their profits and never look back. Only a few gamblers would really be having this kind of approach or decisions be made on where they do secure their profits on the moment that they are winning.

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July 30, 2024, 02:07:00 PM
 #954

Gambling to double your money and quit immediately is easier said than done if you ask me and my reason of saying that is because when most gamblers win big, they tend to find it very difficult to quit. After big wins, gamblers are always tempted to try more which sometimes favors them and the other times, they do lose everything including their initial wins. So if I'm to advise a gambler, I think it's okay to gamble when you feel like to engage in it at your convenience and not because you want to double your money.
Yes, that is right because we only meet the losses without having a big chance to win. We must know that gambling is not a place to double our money and quit immediately because casino will not lets us to leave the casino easily. Casino will still tempts us by giving more offers that exciting so we will still playing gambling and spends more money. That is why we must always remember our rule and stick to that to take care of ourselves.

The temptation can be bigger when our wins is much and that can makes us forget to keep control ourselves. People who tempts with the promotion will trying to join and gets the rewards but that doesn't mean they can gets it. Nothing wrong to playing gambling but we must always use limitation so we don't have the bad things from gambling.

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July 30, 2024, 06:07:51 PM
 #955

Yes, it is a good idea to keep us away from unwanted possibilities such as losing a number of wins that you have already earned because luck is lost unexpectedly, meaning as you said that we need to stop when we have managed to win, never assume that luck is still long, because you will never know when luck will be lost.

Remember that there is still tomorrow where you will definitely gamble again with zero chances, meaning you will repeat the session without knowing whether you will win or lose, meaning when it turns out that now you have won then of course a wise decision must be made immediately, namely by stopping and cashing out, and if tomorrow you want to gamble again then you can use the amount of the winnings you just got now, meaning you only turn the money from the winnings and not pure money from your pocket.
One of a winner's moves is knowing when to leave. You are wise in thinking that way. Not about chance, people, this is not. Luck is a friend that is erratic. The high roller of today can be tomorrow's paucer. The Buddhists understood it exactly, believe me. You will have to let go. Walk away after taking those profits. That is not shameful in any sense. Its about keeping control and not allowing avarice rule over you.

And with only your earnings, too? Thats intelligent thinking. You're not jeopardizing what you cannot afford to lose. Recall, gambling should be enjoyable. Entertainment, not a retirement strategy. You therefore keep playing your game, preserve your discipline, and enjoy the trip. You win in life exactly this way.

That is the understanding that should be possessed by gamblers where they must have a mindset that true victory is when they are able to maintain and balance all forms of their actions so that everything is measurable and far from excessive, and besides that we also have to think that increasing the amount of bets is the same as you increasing the possibility of risk when it turns out that luck is really gone or does not come, I think that awareness can help a little to ignore greed.

On the other hand, as you said, cashing out early and taking the winnings away is not a shameful act, of course I do. Because as I said before that we will never know about how long luck will last, and also of course everyone wants to go home with a win regardless of their purpose in gambling. Moreover, time is still long, there is no coercion or even threats from any party that tells you to spend all your energy at one time, although I understand that everyone is free in terms of making decisions, but by having a rational understanding like this it will keep you safe in the sense of having the opportunity to enjoy the results of victory, can feel the excitement of gambling without pressure, and also avoid all bad things that are not wanted.

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July 30, 2024, 06:13:04 PM
 #956

Gambling to double your money and quit immediately is easier said than done if you ask me and my reason of saying that is because when most gamblers win big, they tend to find it very difficult to quit. After big wins, gamblers are always tempted to try more which sometimes favors them and the other times, they do lose everything including their initial wins. So if I'm to advise a gambler, I think it's okay to gamble when you feel like to engage in it at your convenience and not because you want to double your money.

Many gamblers do not imagine the moment after which they would stop playing. Yes, most people think like this: "I will win a huge amount and then I will stop playing. I will start doing business and will never go to the casino again." But this is just a fantasy.
The trap of winning in a casino is that if someone wins, he will think like this: "I have won now and I can multiply this money as easily as I could do it now." And the gambler does not withdraw the money. Unfortunately, then comes the loss.
Most gamblers find it hard to stop gambling when they win huge amount, even those that were lucky to cashout from jackpot also find it difficult to stop. However it's just the greed in humanity, if we achieved what we have expected or what we don't expect at all we also see it as a good means to grind for more. It's just to understand that we can't continue winning if we are not losing.
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July 31, 2024, 11:06:13 AM
 #957

The way you play, which we can consider your playing strategy, plays an important role in determining your profit or loss, like other factors.

For me, when I play, I enter with the intention of double the amount of money and stop.

Its good that we use the method that we feels like best and easier for us to comprehend, its not by force that we go through with what others are using, ours is to research well in what we are good at, develop and work on such as our own personal strategies and then use them, using a particular strategies will only allow you to apply the very necessary skills you desire in using towards playing a particular game of your choice whenever you're gambling, if you double your money, you may still be tasty of going once more time instead of quitting, it happens like this sometimes, but when we do such, its on a higher risk because we may loose the entire money right at that one.

Higher risks - higher rewards Wink However, I would double the money and go away if that would happen. Then try again tomorrow and see how it goes.

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July 31, 2024, 11:11:03 AM
 #958

The way you play, which we can consider your playing strategy, plays an important role in determining your profit or loss, like other factors.

For me, when I play, I enter with the intention of double the amount of money and stop.

Its good that we use the method that we feels like best and easier for us to comprehend, its not by force that we go through with what others are using, ours is to research well in what we are good at, develop and work on such as our own personal strategies and then use them, using a particular strategies will only allow you to apply the very necessary skills you desire in using towards playing a particular game of your choice whenever you're gambling, if you double your money, you may still be tasty of going once more time instead of quitting, it happens like this sometimes, but when we do such, its on a higher risk because we may loose the entire money right at that one.

Higher risks - higher rewards Wink However, I would double the money and go away if that would happen. Then try again tomorrow and see how it goes.
Good strategy. Well, that's if you can resist the temptation to keep on playing/betting once you double your money. Because that is the scenario when a gambler becomes greedy. When one knows there's still a lot of money to spare to keep on betting, that's when he gets into trouble and gives in to the urge to bet more.

But, if you can keep the discipline to keep on withdrawing every time you double your money, then I bet you are going to be a good gambler. Still, do not expect you can win on the next round because everything is recorded in the gambling sites and there's a chance you might not repeat the same feat.

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July 31, 2024, 11:52:29 AM
 #959

Hi everyone,

The way you play, which we can consider your playing strategy, plays an important role in determining your profit or loss, like other factors.

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   .

What do you think of this method?
Is there anyone among you who does it?
Give us one of your winning strategies, of course if that is possible.
I often use this method, come with capital that is ready to lose then if I have won twice I will double the bet with the aim of doubling the profit but of course there is a limit. I usually double the bet 3 times then stop and withdraw the winnings, even if I lose I will stop and come back tomorrow.

However, I do not always use this method, there are several times I gamble casually, if with $ 100 then win $ 200 I will continue playing as from the beginning using $ 100 and another $ 100 I make a withdrawal. The point is, whatever strategy we use all depends on our mood, so the most important thing is that we do not lose control when gambling. Because doubling money without control will also be useless because in the end we are the ones who lose, so it is important to control or limit how many times if you want to double your money. This is to avoid greed.

 
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July 31, 2024, 12:04:14 PM
 #960

if you can resist the temptation to keep on playing/betting once you double your money. Because that is the scenario when a gambler becomes greedy. When one knows there's still a lot of money to spare to keep on betting, that's when he gets into trouble and gives in to the urge to bet more.

But, if you can keep the discipline to keep on withdrawing every time you double your money, then I bet you are going to be a good gambler. Still, do not expect you can win on the next round because everything is recorded in the gambling sites and there's a chance you might not repeat the same feat.
Many people lose can not resist the temptation on gambling and makes them gets deeper in gambling. They hard to leave gambling because gambling gives them a chance to win the games although that will not easy.
But they willing to keeps trying to win even with more money as they slowly don't care with anything that can happens to them. They will keep trying to double their money and then quit gambling but their plan will not works as they want.
That is what will happen to those wo lose the discipline and other things needed to playing gambling. They will also lose a chance to keep their money and only spend until their money is gone.

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