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Author Topic: The real winning of gambling is withdrawals  (Read 7384 times)
ethereumhunter
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August 10, 2024, 03:24:20 AM
 #681

That is the best strategy, there is no other , but of course here you have to have a lot of discipline , why? It is very easy to say it , but at the time of doing it , there are Players whose head is full of ideas , some are: why not bet a little more ? With that much , it is little that I am going to risk again , you should not pay attention to that type of Thoughts , because you are Breaking or Violating your own Rules , and this in the game, in trading , is the worst Thing you can do.
Having discipline is a must in gambling so we can prevents the lose becomes bigger. But not many gamblers knows or use their discipline to control themselves in gambling because gambling can attract them deeper and will spends more and more money. Even if they win, that doesn't mean they will stops their gambling activity because many of them will continue playing gambling to chase more winning.

If you break your own rules and use too much money for playing gambling, you will regret if you lose your money in gambling because that amount will be more than the money you can afford to lose. That is why you must always control your gambling activity and remember that gambling is just for fun and not for makes money so you can enjoy your time to playing gambling. And when you wins, you will withdraws the money because you thinks that is the real winning of gambling for you.

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Shinpako09
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August 10, 2024, 04:37:38 AM
 #682

This is so true. Unless I convert it into cash, I can't say I've completely won. Even if I make a withdrawal but keep it in my wallet, it's not safe yet. The urge to come back is very strong. Even though I regret selling my BTC at a low price in my early years in crypto, it's still a good thing in some ways. Given that I do gambling, if I hadn't done it before, it's likely I would have lost it back and made nothing.
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August 10, 2024, 10:51:36 AM
 #683

That is the best strategy, there is no other , but of course here you have to have a lot of discipline , why? It is very easy to say it , but at the time of doing it , there are Players whose head is full of ideas , some are: why not bet a little more ? With that much , it is little that I am going to risk again , you should not pay attention to that type of Thoughts , because you are Breaking or Violating your own Rules , and this in the game, in trading , is the worst Thing you can do.
Having discipline is a must in gambling so we can prevents the lose becomes bigger. But not many gamblers knows or use their discipline to control themselves in gambling because gambling can attract them deeper and will spends more and more money. Even if they win, that doesn't mean they will stops their gambling activity because many of them will continue playing gambling to chase more winning.

If you break your own rules and use too much money for playing gambling, you will regret if you lose your money in gambling because that amount will be more than the money you can afford to lose. That is why you must always control your gambling activity and remember that gambling is just for fun and not for makes money so you can enjoy your time to playing gambling. And when you wins, you will withdraws the money because you thinks that is the real winning of gambling for you.

And that's how things went out for most gamblers, instead of staying with their set targets they unable to control their emotions, fear and greed mostly creates urgency to keep play for more, the problem  with that, even they already have the set strategy when emotion beat them up inside them, they failed to follow and always exceed from their budget.

Only regret is the one that witness the repeated failures that they commint, it's really hard but need to practice if you wanted to avoid making same mistake over and over, you need to be wise and keep on track and stay with your set plans.

..Stake.com..   ▄████████████████████████████████████▄
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boltz
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August 10, 2024, 12:01:07 PM
 #684

This is so true. Unless I convert it into cash, I can't say I've completely won. Even if I make a withdrawal but keep it in my wallet, it's not safe yet. The urge to come back is very strong. Even though I regret selling my BTC at a low price in my early years in crypto, it's still a good thing in some ways. Given that I do gambling, if I hadn't done it before, it's likely I would have lost it back and made nothing.

Same goes for me. Whenever I cashout it feels awesome and you know you made the right choice but you also have great inspiration with your picks so cashout is the best decision in that moment. However ,I tend to leave a small amount in balance because if I start with 5$ and I cashout 50$ , then I will leave those 5$ that I started with to gamble more and see if I can go back 2 back runs like the previous one. If not , I'm still happy with the cashout and with that I've achieved.

Regarding selling bitcoin years ago ...I feel you as I made the same mistake but I didn't think the entire crypto space will become what it is today so I'm ok with it. However , I remember the old back days where people used to gamble with Doge with over 100k doge per round on dice ...so yea , those were some crazy times on gambling.

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LUCKMCFLY
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August 11, 2024, 12:18:30 AM
 #685

This means that cashing out and spending it on whatever you need is the best, don't leave anything in your casino account or in your digital wallet.

It depends, if you need the full amoun t, then there is no way to take it out , but if you Need to take out a portion to enjoy, then you can leave it in the digital wallet , but in our digital wallet that we manage with our private keys, that is very different from leaving it inside the casino, it does not matter if you have to go through the trouble of depositing again to play , that is preferable, for security reasons I Recommend it.

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ethereumhunter
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August 11, 2024, 03:08:40 AM
 #686

And that's how things went out for most gamblers, instead of staying with their set targets they unable to control their emotions, fear and greed mostly creates urgency to keep play for more, the problem  with that, even they already have the set strategy when emotion beat them up inside them, they failed to follow and always exceed from their budget.

Only regret is the one that witness the repeated failures that they commint, it's really hard but need to practice if you wanted to avoid making same mistake over and over, you need to be wise and keep on track and stay with your set plans.
Playing gambling can makes them lose controls their emotions and in the same time, their greed can posses them to keeps playing gambling to chase more winning. They are not withdraw their win money instead use that win money to keeps playing gambling because they thinks that their capital to use for playing gambling increase so that means, they will have a chance to win more. But that is not right because they can lose all of their money including their win money and that will makes them regret it.

Their regret will becomes bigger when they lose all of their money but that will not stops them to keeps playing gambling using another money. They have a chance to withdraw their win money but they don't do that because they want to chase more winning and that is because their greed telling them that they have the chance to win more money. Once they follow their minds, their win money will be gone and they can not do anything except regret it.

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August 11, 2024, 05:49:54 PM
 #687

And that's how things went out for most gamblers, instead of staying with their set targets they unable to control their emotions, fear and greed mostly creates urgency to keep play for more, the problem  with that, even they already have the set strategy when emotion beat them up inside them, they failed to follow and always exceed from their budget.

Only regret is the one that witness the repeated failures that they commint, it's really hard but need to practice if you wanted to avoid making same mistake over and over, you need to be wise and keep on track and stay with your set plans.
Playing gambling can makes them lose controls their emotions and in the same time, their greed can posses them to keeps playing gambling to chase more winning. They are not withdraw their win money instead use that win money to keeps playing gambling because they thinks that their capital to use for playing gambling increase so that means, they will have a chance to win more. But that is not right because they can lose all of their money including their win money and that will makes them regret it.

Their regret will becomes bigger when they lose all of their money but that will not stops them to keeps playing gambling using another money. They have a chance to withdraw their win money but they don't do that because they want to chase more winning and that is because their greed telling them that they have the chance to win more money. Once they follow their minds, their win money will be gone and they can not do anything except regret it.
Gambling's a rollercoaster, man. Wins and losses combine chemically for your brain. Though you believe it's about the money, it is not. Regarding the hunt. That sensation of "one more time"? It's a ruckus. The house always comes out ahead. Not magic, although arithmetic here is involved. Though they're not, people believe they are in control. They are running after a dopamine hit. Addiction wrapped up as a game. You really must be honest with yourself. Know your limitations and the probability

Still, gambling is not all horrible. It displays your under pressure persona. Are you able to leave walking? Are your instincts within your control? The true game is that one. Establish restrictions. Either win or lose, keep to them. It's about self-mastery not about the money. You can carry that with you even off the table

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August 11, 2024, 05:56:10 PM
 #688

~snip~
Yes, it is better, as long as you maintain your initial capital, rather than risking all of it, you may lose all of it.
What do I do when I win, withdraw capital or profit, just choose one of them.

How long do you keep the funds in the account so that it becomes a problem when withdrawing? I once kept the balance in the account for about 1 month but it did not have any problems, withdrawals were normal as usual.
Yeah but that's the thing. I don't think you want to be in those shoes.

People always just want to win and they never want to be broke, of course.

But if you keep gambling, you will end up broke.
Yeah... Not wanting to be at a loss but still wanting to keep playing all gamblers will.

Anyone would want to win and don't want to go bankrupt but don't expect you can survive if you continue all the time, all of that must have a break and enjoy the results of his victory.

If you continue to play then the balance will return to zero.

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August 11, 2024, 05:59:03 PM
 #689

This is so true. Unless I convert it into cash, I can't say I've completely won. Even if I make a withdrawal but keep it in my wallet, it's not safe yet. The urge to come back is very strong. Even though I regret selling my BTC at a low price in my early years in crypto, it's still a good thing in some ways. Given that I do gambling, if I hadn't done it before, it's likely I would have lost it back and made nothing.

Basically, in gambling you will not be able to win completely because after all, in gambling you will of  course experience more losses than wins. Therefore, it is not a problem if you make a withdrawal and then convert it into cash because after all, the most important thing is that you have successfully made a withdrawal at that moment, which at least proves that you have won. If you aim for complete victory, then of course you will experience bigger losses, because this is something that is difficult or perhaps impossible to do.

So yes, if you just keep the balance in your wallet but when you manage to control yourself not to continue betting, I think that is also a good way. Because after all,  once you get used to betting then of course you will always be able to come back again. So yes, in this case at least it's just to minimize losses, because by making a withdrawal, at least you will still have the profits you get compared to nothing at all.

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August 11, 2024, 06:12:55 PM
 #690


Yeah but that's the thing. I don't think you want to be in those shoes.

People always just want to win and they never want to be broke, of course.

But if you keep gambling, you will end up broke.
Yeah... Not wanting to be at a loss but still wanting to keep playing all gamblers will.

Anyone would want to win and don't want to go bankrupt but don't expect you can survive if you continue all the time, all of that must have a break and enjoy the results of his victory.

If you continue to play then the balance will return to zero.

If that's what you want then I think a demo account is the best option, you have nothing to lose but time.
I understand that the sensation of playing a demo account with a real gambling account with real money is very different, but it is impossible if you don't experience any losses at all, because after all it is part of the game.

Yes that's right, regardless of your goals in gambling, there will definitely be no one who will refuse to win, but of course it is clear that from the beginning gambling is about two things, namely winning and losing, and you will never be able to force victory to always come to you because from the beginning the casino has arranged everything.

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August 11, 2024, 06:21:30 PM
 #691

This is so true. Unless I convert it into cash, I can't say I've completely won. Even if I make a withdrawal but keep it in my wallet, it's not safe yet. The urge to come back is very strong. Even though I regret selling my BTC at a low price in my early years in crypto, it's still a good thing in some ways. Given that I do gambling, if I hadn't done it before, it's likely I would have lost it back and made nothing.
It's one thing for someone to know his weaknesses and it's another thing to take drastic measures in other to avoid being caught up by ones weaknesses. I love the honesty in your post and how the bold measures you've been taking to avoid losing money in gambling even when they're sometimes not beneficial to you like that of the BTC you sold when you were supposed to hoard it for longer. Withdrawing your winnings as a gambler is one thing you must be quick to do if you're not sure of your ability to control your gambling engagements so you don't end up wasting your winnings in gambling.

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August 12, 2024, 01:35:54 AM
 #692

I once found an algorithm named "gambling ruin" which means that when a player competes with an opponent richer than him he'll end up losing all his funds.

Well in that sense it makes a lot of sense, because it's true that the more money a Person has the more opportunity they have to play and win, but you have to understand something, a person who has more money can do a lot more than a person who has little money , and if that person who has a lot of money plays with small amounts then they will have a much greater chance of playing and even winning, but a person who has a lot of money can Play with such High Amounts that it Doesn't matter if they lose the first few times , if they win with a bet they are Capable of winning back Everything they have lost, that's the Difference.


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August 12, 2024, 02:58:53 AM
 #693

And that's how things went out for most gamblers, instead of staying with their set targets they unable to control their emotions, fear and greed mostly creates urgency to keep play for more, the problem  with that, even they already have the set strategy when emotion beat them up inside them, they failed to follow and always exceed from their budget.

Only regret is the one that witness the repeated failures that they commint, it's really hard but need to practice if you wanted to avoid making same mistake over and over, you need to be wise and keep on track and stay with your set plans.
Playing gambling can makes them lose controls their emotions and in the same time, their greed can posses them to keeps playing gambling to chase more winning. They are not withdraw their win money instead use that win money to keeps playing gambling because they thinks that their capital to use for playing gambling increase so that means, they will have a chance to win more. But that is not right because they can lose all of their money including their win money and that will makes them regret it.

Their regret will becomes bigger when they lose all of their money but that will not stops them to keeps playing gambling using another money. They have a chance to withdraw their win money but they don't do that because they want to chase more winning and that is because their greed telling them that they have the chance to win more money. Once they follow their minds, their win money will be gone and they can not do anything except regret it.
Gambling's a rollercoaster, man. Wins and losses combine chemically for your brain. Though you believe it's about the money, it is not. Regarding the hunt. That sensation of "one more time"? It's a ruckus. The house always comes out ahead. Not magic, although arithmetic here is involved. Though they're not, people believe they are in control. They are running after a dopamine hit. Addiction wrapped up as a game. You really must be honest with yourself. Know your limitations and the probability

Still, gambling is not all horrible. It displays your under pressure persona. Are you able to leave walking? Are your instincts within your control? The true game is that one. Establish restrictions. Either win or lose, keep to them. It's about self-mastery not about the money. You can carry that with you even off the table
And this what makes you become that impulsive or really that become emotional because on the time that you are expecting something like with those series of loses and winning and you've been positive about
gambling then it would really be giving out that kind of impulsive emotions on which we know that this would really be the main cause on why people do really mess up their lives because of too much desperation.
Gambling isnt really that bad if you do really just that let yourself having that kind of control and sense of responsibility about on the funds or money that you are really that spending.
You wont really be messing up your life if you are really that mindful about on the actions you are taking because people do usually destory themselves on the time that they dont care anymore about their spending.

Withdraw when you do see the opportunity and make up some worthy buys like things or other which you do like and never never make use of those amounts to be lose back in the casinos.
Usually this is the case that do really happen for most gamblers because they are really that making themselves too greedy and makes themselves that too desperate.
On the time that you would be having this kind of mindset then you are really that bound to lose even more.

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August 12, 2024, 07:47:04 AM
 #694

I once found an algorithm named "gambling ruin" which means that when a player competes with an opponent richer than him he'll end up losing all his funds.

Well in that sense it makes a lot of sense, because it's true that the more money a Person has the more opportunity they have to play and win, but you have to understand something, a person who has more money can do a lot more than a person who has little money , and if that person who has a lot of money plays with small amounts then they will have a much greater chance of playing and even winning, but a person who has a lot of money can Play with such High Amounts that it Doesn't matter if they lose the first few times , if they win with a bet they are Capable of winning back Everything they have lost, that's the Difference.



There's always a difference between a person with good amount of money to risk compared to a person with lesser one, though the changing factor is how a gambler will decide after winning or after recovering and same with how the topic said, withdrawal will be your best tools if you want something decent after playing a game, it's important to make good and wise decision to quit afterm making a good pick or a good bet and win.

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August 12, 2024, 08:14:16 AM
 #695

This is so true. Unless I convert it into cash, I can't say I've completely won. Even if I make a withdrawal but keep it in my wallet, it's not safe yet. The urge to come back is very strong. Even though I regret selling my BTC at a low price in my early years in crypto, it's still a good thing in some ways. Given that I do gambling, if I hadn't done it before, it's likely I would have lost it back and made nothing.
That's right. I also feel like the money is not yet mine unless I am holding the cash in my hand or it is my cash wallet application. It's one thing that I think is important for every gambler out there.
Withdrawing my funds also gives me the joy of letting my brain know that I am a winner and it's so rare to happen that's why we must take advantage of it whenever we have a chance to do so. I mean, how many times have we ever won against the house, especially in casino games and slots? It's so rare that we are always in the position of chasing losses instead of being greedy because we just won. That's why I think when an opportunity comes and we win a good amount, let's grab it and spend it on something else.

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August 13, 2024, 03:35:16 AM
 #696

Gambling's a rollercoaster, man. Wins and losses combine chemically for your brain. Though you believe it's about the money, it is not. Regarding the hunt. That sensation of "one more time"? It's a ruckus. The house always comes out ahead. Not magic, although arithmetic here is involved. Though they're not, people believe they are in control. They are running after a dopamine hit. Addiction wrapped up as a game. You really must be honest with yourself. Know your limitations and the probability

Still, gambling is not all horrible. It displays your under pressure persona. Are you able to leave walking? Are your instincts within your control? The true game is that one. Establish restrictions. Either win or lose, keep to them. It's about self-mastery not about the money. You can carry that with you even off the table
I have no doubt that gambling is a rollercoaster because win and lose will effect to us and if we don't have control over ourselves, we will be deeper in gambling without we know when we must stop our gambling activity. The sensation of winning and losing the money will makes us keep playing gambling and that will makes us forget when we should withdraws our win money. Many people are keep playing gambling because they want to win more money but they really forget that they can win many times in gambling.

Gambling is not horrible if people can use it as an entertainment so they will know that win and lose in gambling is an usual so they don't have to chase their win or recover their lose money. They must remember that when they can win from gambling and the money is more than the minimum amount to withdraw, they should withdraw and leave the casino before gambling tempts them for more. We are weak so we must realizes our weakness and can stop from playing gambling especially after we win.

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August 13, 2024, 07:13:38 AM
 #697

I once found an algorithm named "gambling ruin" which means that when a player competes with an opponent richer than him he'll end up losing all his funds.

Well in that sense it makes a lot of sense, because it's true that the more money a Person has the more opportunity they have to play and win, but you have to understand something, a person who has more money can do a lot more than a person who has little money , and if that person who has a lot of money plays with small amounts then they will have a much greater chance of playing and even winning, but a person who has a lot of money can Play with such High Amounts that it Doesn't matter if they lose the first few times , if they win with a bet they are Capable of winning back Everything they have lost, that's the Difference.
it is true, when someone has got money then the desire to get more will be even greater and I think everyone who gambles has ever gotten and experienced something like this that happens when they win with the gambling they do. especially if they gamble with the aim of getting money, they certainly won't feel enough even though they have won. but there is no clear certainty even though they have a lot of money and betting with a small amount can make them win.

it is very unlikely to be able to return the money that has been lost in gambling, so when you have won, the best thing to do is to withdraw it although some gamblers often ignore this but that doesn't mean they will continue to win. the greater chance of losing allows the winnings that have been obtained to be lost again. with those who have little money or a lot of money I think it's the same there is no sure way to recover the money that has been lost. even though they have a lot of money, it doesn't mean they can get the money that has been lost in gambling.

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August 13, 2024, 07:21:58 AM
 #698

When a gambler makes a bet, his motivation is to gamble more. Basically I think gamblers who don't withdraw their bets are making a huge mistake because if they don't withdraw they will definitely be tempted to play more bets. If he wins a small amount of money in gambling, he will try to build more capital with that winning money to increase his money even more. That's why I think a gambler should always gamble responsibly so that he doesn't lose his capital later on. And the amount of money you win will be yours, but you can get success from gambling, but if you gamble, you will definitely face loss.

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August 13, 2024, 09:47:20 PM
 #699

When a gambler makes a bet, his motivation is to gamble more. Basically I think gamblers who don't withdraw their bets are making a huge mistake because if they don't withdraw they will definitely be tempted to play more bets. If he wins a small amount of money in gambling, he will try to build more capital with that winning money to increase his money even more. That's why I think a gambler should always gamble responsibly so that he doesn't lose his capital later on. And the amount of money you win will be yours, but you can get success from gambling, but if you gamble, you will definitely face loss.
Totally depends because just like others been saying that there might be a reason on why they havent withdrawn yet.
It would really be neither of the following;

1. Intend to make use of those winnings or funds or bankroll into that day no matter what.
2. Having withdrawal but still making up some deposits on the same day on the time that they have lost their bankroll capital.
3. Aiming for more winning and wont be stopping by no matter what.

If you are a certain individual whose really that no plans on making withdrawals then it would really be just that potentially showing up
that a certain gambler is already addicted into it or simply they do failed out on controlling themselves into these kind of conditions.
Yes, it would really be that sounds easy on making withdrawals on winning but actually it not.

People are really that failing everytime they would really be on such situation because all the time they would really be pursuing on
playing even more specially on the time that greed kicks in.It is really that too hard to control it out.

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August 13, 2024, 09:59:19 PM
 #700

When a gambler makes a bet, his motivation is to gamble more. Basically I think gamblers who don't withdraw their bets are making a huge mistake because if they don't withdraw they will definitely be tempted to play more bets.
Exactly, they will bet more and if lucky is not there for them they will still lose the money they won. I have come to believe that any money in your betting account is no longer yours until you withdraw them, but the problem is that the same gamble with still deposit another someday and it might be bigger than what he withdraw earlier. However, what's important is that he withdrawed the money the day he won it.











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