Wakate
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June 30, 2024, 09:52:10 PM |
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That's right, money can only be considered received at the moment when it is in your wallet. If you won a certain amount but then lost it, then it is obvious that in fact it was not won in the end. All the money on the balance in the casino is play money (one might say virtual) until you withdraw it for yourself. By the way, I use a similar approach for trading in games, sometimes I buy/sell things that cost 100-400 dollars (significant money for me) and so that trading occurs with less emotional stress, I consider these assets/money purely virtual until they ended up in my wallet.
A very factual concept you have put up here, until it's in your wallet for real, you cannot presume the money to be yours totally until you have made it tangible, I me in your wallet or in the form where you can directly spend it for any commodity you are making purchase on at the moment. Most times some gamblers fail to think this way and literally end up loosing all of their funds to the casinos again reason been that they haven't withdrawn the funds back to their wallet so it's still in their gambling wallet making it was for them to just stake in any game but if it were to be in their main wallet the stress of funding would have prevented them from making stakes on certain games. The money that is not in our wallet is not our own. Even though we have placed a bet and we are expecting to win big bet, the money is still not our because the money is not yet in our wallet. Gambling is quite rewarding and we can make lots of money from different bets. Our bets is to make money from gambling so that we can make withdrawals and take care of our bills. Gambling has been a very good alternatives for us to make money from gambling since we can easily make money without going through much stress. Our motive is to make money and cash out big from gambling which is every gamblers dream.
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Fredomago
Legendary
Offline
Activity: 3150
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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July 01, 2024, 11:52:31 AM |
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It is very true, throughout my life and in my experience both in casinos and in trading I have Learned that when we are losing we should stop immediately, hence what many book authors say, that it is better to stop losses and extend profits, that is a fact, now, if we are people who always have what they call "hope" when we are losing , because it always happens that if we are losing we say, at any moment my luck can change, and most times it is not like that, hope is not something that applies to this, less when we play in a casino.
And most of the time, it's either aggression or frustration that follows, and the outcome will simply be against you, instead of recovering using that hope inside you, it turns out to be regret as you don't have any more money in your bankroll, most of the time this is the experienced of most gamblers who forget about hard stop, they duel with hope that luck will be there and it will change their fate,. Better to be practical and manage both your emotion and finances, doing that hard stop will give you that chance to enjoy especially if you are in positive side, it's wise to take the profits while it's still in your possession..
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Dr.Bitcoin_Strange
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July 01, 2024, 12:43:12 PM |
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Funds on the casino based on your wins are still like a paper profit because you haven't make a withdrawal yet, some of gamblers letting their funds in the casino because they will play more again the next day so they didn't make a hassle for their deposit again but again if your account in the gambling platform does not secure and someone have an access with your account they can make easily withdraw your funds so ideally it's not recommended to store your assets right there, next is people doing cashout and make separate their funds for their gambling and they withdrawn and settled those wins in their banks they neglect the fees as long as their money is safe and seen already in their own hands.
Yea, I agree with you, mate. I know that everyone has their own way of handling their funds and casino balance, but personally, for me, I love to cash out if I win my bet, unless it's just a small amount that I want to continue gambling with so I can multiply it. Once I luckily accumulate a fair amount, like $20 above, I will immediately withdraw because it is better to have your asset in your custody than have it in a third-party account where you don't know what will happen the next moment.
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Blitzboy
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July 01, 2024, 12:56:06 PM |
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`
That's actually the difference, players actually suffer decision problems. They are ideas like, making another deposit that stresses a player not to withdraw his funds. And when it's on the casino balance the player may not purchase other utilities. Some prefer to continue with their already existing money in their wallet to spend on other things. Then focus on wagering their wins as well. But the idea could cost the player more losses if he's not actively cautious about ways he tends to wager the money. With a well strategized plan a gambler could go through gambling without being in a hurry to withdraw his wins. It shows the player has some control over his actions even when equipped with substantial amount in his bank roll. Gambling is about choices, not chance. It's when you have a pocketful of money and are staring down the casino floor, whether to cash out or let it ride. The real game is there. Money is tricky. Calling it "play money," makes it simple to lose track. You may have a million dollars in the bank, but a few grand in the casino becomes all that matters. Like a new universe with different rules. You can resist impulses. You can control yourself. You realise money is a tool, not a toy. It's not simply gambling. About life. Making sensible choices, building wealth, and leaving a proud legacy are key. You must grasp money psychology to win at gambling and life. You must master your emotions, ambitions, and long-term goals. Not always simple, but always worthwhile.
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KTChampions
Legendary
Offline
Activity: 2506
Merit: 1959
Leading Crypto Sports Betting & Casino Platform
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July 01, 2024, 04:52:48 PM |
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That's right, money can only be considered received at the moment when it is in your wallet. If you won a certain amount but then lost it, then it is obvious that in fact it was not won in the end. All the money on the balance in the casino is play money (one might say virtual) until you withdraw it for yourself. By the way, I use a similar approach for trading in games, sometimes I buy/sell things that cost 100-400 dollars (significant money for me) and so that trading occurs with less emotional stress, I consider these assets/money purely virtual until they ended up in my wallet.
A very factual concept you have put up here, until it's in your wallet for real, you cannot presume the money to be yours totally until you have made it tangible, I me in your wallet or in the form where you can directly spend it for any commodity you are making purchase on at the moment. Most times some gamblers fail to think this way and literally end up loosing all of their funds to the casinos again reason been that they haven't withdrawn the funds back to their wallet so it's still in their gambling wallet making it was for them to just stake in any game but if it were to be in their main wallet the stress of funding would have prevented them from making stakes on certain games. Yes, having money on your balance in a casino is a rather provocative thing. This leads us to the idea that we can place a bet and even if there is no suitable game (I'm talking about sports betting) we choose “some” game simply because we have the opportunity to place a bet. Personally, my experience is that the most important thing is not to place a good bet, but to stay on the sidelines and wait until you cannot find one.
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noormcs5
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July 01, 2024, 04:58:48 PM |
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It might be perfect if the withdrawals can't be deposited or the person would not make a deposit again. And I want to say that the real winning can't be counted/measured until we stop gambling. If we do not stop gambling then at any time we may lose what we had and what we had earned. So, the withdrawals can't be considered as the real winnings.
If a person cannot make deposits ever again then how will he gamble further? I think the point here is that people are tempted to play with their profits or money stored in their casino accounts, so in order to not to over gamble, they should withdraw the money from the gambling site and deposit only what amount they require to gamble. Well, this may be a good idea for a newbie who does not have control over his emotions, an experienced gambler should be firm in this plan and no matter how much bankroll he has at the site, he should never gamble only because he sees balance in his gambling wallet.
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Accardo
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July 01, 2024, 05:17:13 PM |
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Then focus on wagering their wins as well. But the idea could cost the player more losses if he's not actively cautious about ways he tends to wager the money. With a well strategized plan a gambler could go through gambling without being in a hurry to withdraw his wins. It shows the player has some control over his actions even when equipped with substantial amount in his bank roll.
Gambling is about choices, not chance. It's when you have a pocketful of money and are staring down the casino floor, whether to cash out or let it ride. The real game is there. Money is tricky. Calling it "play money," makes it simple to lose track. You may have a million dollars in the bank, but a few grand in the casino becomes all that matters. Like a new universe with different rules. You can resist impulses. You can control yourself. You realise money is a tool, not a toy. It's not simply gambling. About life. Making sensible choices, building wealth, and leaving a proud legacy are key. You must grasp money psychology to win at gambling and life. You must master your emotions, ambitions, and long-term goals. Not always simple, but always worthwhile. It's tough that it's not all achieved in a short while. Players spend lots of years to understand this psychology of money, which requires steady practice and reading. Not all player would devote time to doing such things. And many don't know of these things. The choices of the player also gets structured to think of his next moves about the money on the bankroll. Casino knows this, and doesn't stress themselves of what the player would do. The control is crucial as you said. Whether the funds are on there or in the pocket, the player's control is what matters. He could decide to stop, withdraw or continue gambling. Depending on what suits his decisions. In a nutshell, people who continued to play can still have control over themselves, same with the rest. Players just need to avoid compulsive gambling, whether they withdraw or not.
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Zadicar
Legendary
Offline
Activity: 1512
Merit: 1025
DGbet.fun - Crypto Sportsbook
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July 01, 2024, 05:40:07 PM |
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It might be perfect if the withdrawals can't be deposited or the person would not make a deposit again. And I want to say that the real winning can't be counted/measured until we stop gambling. If we do not stop gambling then at any time we may lose what we had and what we had earned. So, the withdrawals can't be considered as the real winnings.
If a person cannot make deposits ever again then how will he gamble further? I think the point here is that people are tempted to play with their profits or money stored in their casino accounts, so in order to not to over gamble, they should withdraw the money from the gambling site and deposit only what amount they require to gamble. Well, this may be a good idea for a newbie who does not have control over his emotions, an experienced gambler should be firm in this plan and no matter how much bankroll he has at the site, he should never gamble only because he sees balance in his gambling wallet. And this is where the cycle would really be that continuing on which people would really be that trying out to play on the moment that they would really be that winning on which it would really be that be used again on playing gambling specially on the moment that you would really be having those kind of temptations on trying out to make yourself having that kind of approach on things like having those intents that you would be liking to earn or win more. On the moment that greed would really be kicking in, then this is where issues would really be that be encountered on. If you are someone whose really that not good when it comes to this aspect on which having that control towards self, then you would really be definitely be having that kind of issue on the moment that you would really be finding yourself that losing up even more despite of those earlier wins you do have. Almost that likely that you would really be losing those winnings back into the casino if you wont really be that mindful about your actions.
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l3pox
Legendary
Offline
Activity: 2702
Merit: 1170
There's no need to be upset
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July 02, 2024, 08:16:39 PM |
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I agree with what you say, indeed we have to realize that we won't have a big chance of winning at gambling if it wasn't for luck then there wouldn't be a win to be had. withdrawing the winnings that have been obtained is the most correct thing, by withdrawing these winnings we can enjoy them even though it is not much, apart from that those who are successful in being able to withdraw their winnings are the real winners in gambling.
withdrawing winnings and enjoying it is the best option. because if you calculate the total amount you deposited and what you withdrew, it will most likely still show you a loss. therefore, when you get a win, withdraw and enjoy. don't leave it to bet on the future. because your future gambling is a new chapter. If you win now then enjoy it. If you lose today, forget about coming again tomorrow. When you have the chance to withdraw, you better not hesitate to do so because a gambler who's greedy will still lose money. However the actual winning is withdrawing and using the money for important things, in my area, a guy won more than 1 thousand dollars (1.9 million naira) and he used it to sponsor himself through college. For me that's a real winning, when you are lucky to achieve such a huge amount from bet, you need to use it wisely so you don't end up giving it back to the casino. Although there are some gamblers that doesn't need to win big money before they do what they want to do, but everyone wants the big money bag. do you have a plan to withdraw a % of total or you usually go with full amount? talking about withdraw strategies is something we almost don't do that's a curious thing 1,000 usd was enough to sponsor the guy's college? that's really nice
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Dewi Aries
Legendary
Offline
Activity: 2870
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
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July 02, 2024, 09:38:14 PM |
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It might be perfect if the withdrawals can't be deposited or the person would not make a deposit again. And I want to say that the real winning can't be counted/measured until we stop gambling. If we do not stop gambling then at any time we may lose what we had and what we had earned. So, the withdrawals can't be considered as the real winnings.
If a person cannot make deposits ever again then how will he gamble further? I think the point here is that people are tempted to play with their profits or money stored in their casino accounts, so in order to not to over gamble, they should withdraw the money from the gambling site and deposit only what amount they require to gamble. Well, this may be a good idea for a newbie who does not have control over his emotions, an experienced gambler should be firm in this plan and no matter how much bankroll he has at the site, he should never gamble only because he sees balance in his gambling wallet. It's true, in several cases and from my experience, usually gamblers, including me, often feel tempted to gamble or to run a session when I see a balance in my gambling account, whatever the amount, it can still be tempting and break all the limits that I have previously made. This means that even though a gambler, for example, already has a plan regarding limits, that doesn't mean they will always really stick to that plan, because when they see the available balance in their betting account, various temptations will appear in their mind, where these temptations will give rise to hallucinations. looks tempting which indirectly, consciously or unconsciously, can make a gambler move and take action without realizing it. Previously I was often trapped by this situation which in the end I lost all the balance in my betting account, and of course as you said, if it is the balance resulting from a previous win then it is clearly better to make a withdrawal first then leave a small portion for fulfill our gambling desires, because if not then it is very likely that they will use up the entire balance in the account until it runs out.
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LUCKMCFLY
Legendary
Online
Activity: 2590
Merit: 1879
Leading Crypto Sports Betting & Casino Platform
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July 02, 2024, 09:43:48 PM |
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Better to be practical and manage both your emotion and finances, doing that hard stop will give you that chance to enjoy especially if you are in positive side, it's wise to take the profits while it's still in your possession..
That's all, nothing more, and that's something that other players have to see, but some still don't understand and trust the platforms blindly, and of course I don't know them, things with them can be very decisive when you fall in love with a site, because you feel good, they give you bonuses and if you are a VIP even more so, but one has to be smart, one has to be very smart, and to be smart one has to withdraw money, not leave it on the platform, I prefer to make small deposits to play, than to leave my money in the casino where it is somehow at risk.
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rachael9385
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July 02, 2024, 09:56:14 PM |
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It might be perfect if the withdrawals can't be deposited or the person would not make a deposit again. And I want to say that the real winning can't be counted/measured until we stop gambling. If we do not stop gambling then at any time we may lose what we had and what we had earned. So, the withdrawals can't be considered as the real winnings.
This quote is full of wisdom. However, when we win and withdraw, then we checked and notice that we have earned more than we lost, then it's considered as winning because we have gained from it. We don't have to deposit any withdrawal we made because that's what we have achieved at that moment. Although the truth is that as a gambler we can't stop just after winning or after making profits because as we are winning/making profits it also motivate us to gamble more to see if we can also win more. Yes I agreed with you that the real winning is quite after winning because after we have won we won't deposit to try again. It's purely noted that after deposit we might not withdraw because as we have decided to deposit means we have also decided to take the risk, so even when we didn't win we can stay without being worried about the money we lost.
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Fredomago
Legendary
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Activity: 3150
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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July 03, 2024, 02:45:47 PM |
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Better to be practical and manage both your emotion and finances, doing that hard stop will give you that chance to enjoy especially if you are in positive side, it's wise to take the profits while it's still in your possession..
That's all, nothing more, and that's something that other players have to see, but some still don't understand and trust the platforms blindly, and of course I don't know them, things with them can be very decisive when you fall in love with a site, because you feel good, they give you bonuses and if you are a VIP even more so, but one has to be smart, one has to be very smart, and to be smart one has to withdraw money, not leave it on the platform, I prefer to make small deposits to play, than to leave my money in the casino where it is somehow at risk. A risk on your own when you know that you still got some balance inside the house, you'll keep on trying pushing your luck to back you up and continue till you ruined everything, it's a wise decision indeed not to allow yourself to keep decent amount of money inside the house, just deposit some and enjoy when you already use it, quit if you have a chance to make some money or quit when you already lose everything never to let yourself being allured by how the house treats you, hahaha I like that sentiment they are trying to keep you enjoying your treatment as they know that you will keep bringing more to their business.
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nullama
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July 03, 2024, 03:02:24 PM |
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~snip~ A risk on your own when you know that you still got some balance inside the house, you'll keep on trying pushing your luck to back you up and continue till you ruined everything, it's a wise decision indeed not to allow yourself to keep decent amount of money inside the house, just deposit some and enjoy when you already use it, quit if you have a chance to make some money or quit when you already lose everything never to let yourself being allured by how the house treats you, hahaha I like that sentiment they are trying to keep you enjoying your treatment as they know that you will keep bringing more to their business.
Yeah, it's good to know when you had enough. But that can be applied to anything in life really, and can get tricky. It's not easy to conquer all your demons, all of the time.
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l3pox
Legendary
Offline
Activity: 2702
Merit: 1170
There's no need to be upset
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July 03, 2024, 03:56:50 PM |
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It might be perfect if the withdrawals can't be deposited or the person would not make a deposit again. And I want to say that the real winning can't be counted/measured until we stop gambling. If we do not stop gambling then at any time we may lose what we had and what we had earned. So, the withdrawals can't be considered as the real winnings.
This quote is full of wisdom. However, when we win and withdraw, then we checked and notice that we have earned more than we lost, then it's considered as winning because we have gained from it. We don't have to deposit any withdrawal we made because that's what we have achieved at that moment. Although the truth is that as a gambler we can't stop just after winning or after making profits because as we are winning/making profits it also motivate us to gamble more to see if we can also win more. Yes I agreed with you that the real winning is quite after winning because after we have won we won't deposit to try again. It's purely noted that after deposit we might not withdraw because as we have decided to deposit means we have also decided to take the risk, so even when we didn't win we can stay without being worried about the money we lost. reading this thread helps me a lot to get to a point where I'll say "that's enough" and will pursue other objectives than money too many interesting things to do in life than stress out in front of the screen, you know...
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Nwada001
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July 03, 2024, 04:09:38 PM |
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A very factual concept you have put up here, until it's in your wallet for real, you cannot presume the money to be yours totally until you have made it tangible, I me in your wallet or in the form where you can directly spend it for any commodity you are making purchase on at the moment. Most times some gamblers fail to think this way and literally end up loosing all of their funds to the casinos again reason been that they haven't withdrawn the funds back to their wallet so it's still in their gambling wallet making it was for them to just stake in any game but if it were to be in their main wallet the stress of funding would have prevented them from making stakes on certain games.
Aside from the gambler also being tempted to play with the money they have on their casino account and losing it all back to the casino, there is also a possibility that the gambler can be winning and increasing their amount, and all that amount can just be considered as audio money. They can be denied withdrawal by the casino where they are playing, and when such happens, the money is no longer their own but has gone back to the casino, which is also one of the reasons why one should first have the money in their wallet before they can consider it completely theirs.
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topbitcoin
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July 03, 2024, 04:34:03 PM |
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A very factual concept you have put up here, until it's in your wallet for real, you cannot presume the money to be yours totally until you have made it tangible, I me in your wallet or in the form where you can directly spend it for any commodity you are making purchase on at the moment. Most times some gamblers fail to think this way and literally end up loosing all of their funds to the casinos again reason been that they haven't withdrawn the funds back to their wallet so it's still in their gambling wallet making it was for them to just stake in any game but if it were to be in their main wallet the stress of funding would have prevented them from making stakes on certain games.
Aside from the gambler also being tempted to play with the money they have on their casino account and losing it all back to the casino, there is also a possibility that the gambler can be winning and increasing their amount, and all that amount can just be considered as audio money. They can be denied withdrawal by the casino where they are playing, and when such happens, the money is no longer their own but has gone back to the casino, which is also one of the reasons why one should first have the money in their wallet before they can consider it completely theirs. The possibility of winning may exist, but on average I think the gambler will indeed spend his money in the casino if he does not withdraw their money after winning, because basically the money in the casino can still be tempted to play until the money runs out. withdrawals can indeed be rejected and as other kinds such as frozen or other things, then it is not your money because it is under the supervision and control of another party, so even if in gambling we do get a win by multiplying our money from the game, it can not be considered our money before making a withdrawal to our personal wallet, as simple as that, but some people may ignore it and he just wants to spend his money on gambling and considers it a win when he gets a big multiplier without having to withdraw his money. It's relative, depending on how you view winning at gambling, someone has different thoughts on the meaning of winning at gambling, so I think if you look at both sides it's not a problem if he can be responsible for it.
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Silberman
Legendary
Offline
Activity: 2688
Merit: 1374
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July 03, 2024, 06:44:28 PM |
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Aside from the gambler also being tempted to play with the money they have on their casino account and losing it all back to the casino, there is also a possibility that the gambler can be winning and increasing their amount, and all that amount can just be considered as audio money. They can be denied withdrawal by the casino where they are playing, and when such happens, the money is no longer their own but has gone back to the casino, which is also one of the reasons why one should first have the money in their wallet before they can consider it completely theirs.
Also, sometimes there are some delays on the withdrawal process, and this can cause some people to lose their patience and gamble their money away, an occurrence that we see happening on this forum all the time, so people need to be able to contain themselves and wait for as long as it is necessary for their withdrawal to be approved so they can receive that money on their wallet, and once there they can do whatever they want with it, even sending that money back to the casino because they want to gamble again.
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Dewi Aries
Legendary
Offline
Activity: 2870
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
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July 03, 2024, 08:44:21 PM |
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Aside from the gambler also being tempted to play with the money they have on their casino account and losing it all back to the casino, there is also a possibility that the gambler can be winning and increasing their amount, and all that amount can just be considered as audio money. They can be denied withdrawal by the casino where they are playing, and when such happens, the money is no longer their own but has gone back to the casino, which is also one of the reasons why one should first have the money in their wallet before they can consider it completely theirs.
Also, sometimes there are some delays on the withdrawal process, and this can cause some people to lose their patience and gamble their money away, an occurrence that we see happening on this forum all the time, so people need to be able to contain themselves and wait for as long as it is necessary for their withdrawal to be approved so they can receive that money on their wallet, and once there they can do whatever they want with it, even sending that money back to the casino because they want to gamble again. That's right, and tells something that I don't find much here, but it is a fact that really happened and I have also experienced this several times because the withdrawal process is really long which makes me wait without certainty and I I was quite bored without certainty because when I asked the service they always said that "withdrawals are in process", so in the end I couldn't resist the temptation which made me return to using the winning amount in my betting balance (before it was lost due to the withdrawal process ) to start gambling again, which in the end, yes, I think you already know the answer, which is where I lost everything. I have experienced this several times, and I am aware that my level of patience is very thin, but on the other hand I also hope that most casinos will always improve their services, especially in terms of the withdrawal and deposit process, to be able to keep gamblers comfortable until they subscribe. .
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HONDACD125
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July 03, 2024, 08:56:05 PM |
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It might be perfect if the withdrawals can't be deposited or the person would not make a deposit again. And I want to say that the real winning can't be counted/measured until we stop gambling. If we do not stop gambling then at any time we may lose what we had and what we had earned. So, the withdrawals can't be considered as the real winnings.
As they say, something is better than nothing. Even if a gambler had lost a lot of money previously, they should withdraw the funds if they manage to hit a significant win even if it's not significant enough to recover everything they had lost. If they don't withdraw the current winnings, and lose it again to the house, they would get nothing, but if they make a withdrawal, they will at least get something back from the money they have lost which is still better. However, only a few gamblers can manage to do this because most of them would think of recovering more money by using the winnings and then eventually lose it all along with the deposited amount. I have seen a lot of gamblers who don't stop gambling after winning something, they say the casino has eaten a lot of their money and it's their opportunity to recover that money.
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