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Author Topic: The real winning of gambling is withdrawals  (Read 7442 times)
l3pox
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August 13, 2024, 10:04:04 PM
 #701

That's why we must use only the money we can afford to lose so we don't have to thinks much about gambling especially when we lose or wins in gambling. We will withdraws the money or left it in our account while we can returns to the casino and playing gambling in the next days. But the real winning will comes to us when we can withdraw the win money into our wallet so we can use it for many things.
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.


strategies that rely on discipline will work for those with good control but won't work for the majority
I know this is harsh but it's true
most people will prefer easy dopamine and not a lot of effort if they can choose.

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jossiel
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August 13, 2024, 10:10:34 PM
 #702

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.
That's actually good and it's true.

Money that you see on your balance in your gambling accounts are not yet yours until you finally withdraw it. And that's why you have to be cautious with that.

When you're finally and able to withdraw it, then that's when the celebration goes on with how you've won your bets.

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August 13, 2024, 10:13:59 PM
 #703

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.
Gambling is all about risk and we should be ready to be taking the risks if we really want to be making money from gambling. There are so many gamblers like us that would always want to deposit more and gamble with it without making any withdrawal. Everyone of us has different patterns of gambling and it is good we know what we are actually doing so that we don't have to end up losing consecutively because we are not brave enough. It is true that any money in our bankroll is not actually ours because that money can be use to bet and everything is lost within a short period of time. We ought to know how frequently we can be withdrawing our funds after every win.

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Accardo
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August 13, 2024, 10:31:14 PM
 #704

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's a huge difference, but I was referring to the house in that algorithm. The house has more money than all the players. There's no possible means of defeating the house.

From a unique perspective, considering your idea, a low-income player competing with a rich player in a game is only wasting his money. Because the low-income player would lose all his funds, and his wealthy adversary would still have lots of money left on him.

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Nwada001
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August 13, 2024, 10:59:21 PM
 #705

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.
I think one problem that most gamblers have is that they lack an understanding of financial management.

If they want to build their finances with the little profit they have made from their first winnings, there is always a way to do that without leaving everything.
 
They can just withdraw their profit and leave the rest, which they can use and try again to see if they can increase their profit. By doing so, they will reduce the risk of losing everything.

 
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Fredomago
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August 14, 2024, 03:23:57 AM
 #706

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.
I think one problem that most gamblers have is that they lack an understanding of financial management.

If they want to build their finances with the little profit they have made from their first winnings, there is always a way to do that without leaving everything.
 
They can just withdraw their profit and leave the rest, which they can use and try again to see if they can increase their profit. By doing so, they will reduce the risk of losing everything.

You need to practice that kind of strategy to make sure that you'll not become careless and lose everything back to casino, there's always temptations that will lead and push you to keep aiming for more, the best way is to kill it by withdrawing your money and securely take your profits, just leave some amount if you plan to keep playing.

But, it's good to take some time to rest and enjoy your winning before playing back since if you keep pushing you might be beaten by greed inside you and lose everything back then regret after.

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Rampagoe004
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August 14, 2024, 03:59:24 AM
 #707

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.

I never withdraw my money from my account. Because I think if I do withdraw then one day I will put my money back in my account. It is better to put my money once and I will only play with that amount. I never chase big wins, jackpots, or big multipliers because I know when you are given a big win, you will lose a bigger amount of money if you get addicted. Winning in gambling is making a withdrawal, but another win in gambling is when you just bet with a few pennies for fun no matter if you get the jackpot or not. That is my personal opinion, and I know everyone has different opinions.

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August 14, 2024, 05:01:58 PM
 #708

There's always a difference between a person with good amount of money to risk compared to a person with lesser one,

Well on a personal level I have always said something, there is no better pleasure than withdrawing, and that is where it has to start, I understand that the adrenaline of the game makes one play and play and always want more, but every time we play we must step on the ground and not be in that same cloud , we must reiterate the money, see and feel our effort when we win, it does not matter if it is little money, we have to do it, if we do not do it it will be difficult for us to have that pleasure, or that benefit for which one always plays, sometimes we lose sight of the search for money.

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August 14, 2024, 05:21:27 PM
 #709

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.
That's actually good and it's true.

Money that you see on your balance in your gambling accounts are not yet yours until you finally withdraw it. And that's why you have to be cautious with that.

When you're finally and able to withdraw it, then that's when the celebration goes on with how you've won your bets.

that's true
it's only real if you materialize it somehow, even if this somehow is withdrawing bitcoin, tether or ethereum to your cold wallet and leaving it there to your children
that's enough materialization
if you just leave your balance in the casino and play play play get lost in hitting the button you'll probably end up losing it all again.

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August 14, 2024, 05:56:30 PM
 #710

That's why we must use only the money we can afford to lose so we don't have to thinks much about gambling especially when we lose or wins in gambling. We will withdraws the money or left it in our account while we can returns to the casino and playing gambling in the next days. But the real winning will comes to us when we can withdraw the win money into our wallet so we can use it for many things.
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.


strategies that rely on discipline will work for those with good control but won't work for the majority
I know this is harsh but it's true
most people will prefer easy dopamine and not a lot of effort if they can choose.

Gambling doesn't need special skills or efforts when it comes to the casino aspect of it, it is the sports aspect of betting that we need to add more time and effort to our analysis so that we have the best out of this. This means that luck is so important in the casino aspect of gambling and no matter how experienced you are in it, gambling can disappoint you, so it is not about being complex or doing the hard work, but for you to be smart.

It's also good for us to accept gambling as it is, if not, we will only have the wrong notion about it and a mindset like this will only put gamblers into trouble. The way forward is to have gambling plans and to manage our ways to success. We should also ensure we work on our discipline. This is very important because no matter what we know and how we plan to gamble, if we let it lose, emotion will surely creep in, and that can't end nicely.

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August 14, 2024, 06:19:11 PM
 #711

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.

I never withdraw my money from my account. Because I think if I do withdraw then one day I will put my money back in my account. It is better to put my money once and I will only play with that amount. I never chase big wins, jackpots, or big multipliers because I know when you are given a big win, you will lose a bigger amount of money if you get addicted. Winning in gambling is making a withdrawal, but another win in gambling is when you just bet with a few pennies for fun no matter if you get the jackpot or not. That is my personal opinion, and I know everyone has different opinions.
Our actions as a gambler are very obvious that we will still deposit the money that we managed to withdraw from gamble. Though there this joy we have when we win and withdraw without gambling again, we fills like we have outsmarted the.
Sometimes we deposit little amounts into our betting account but we don't get satisfied with it when we lost it, then we still have to deposit again so that we can be able to satisfy our urge for gambling, and most times we regret it because we deposited multiple times.

 
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August 14, 2024, 06:27:54 PM
 #712

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.

I never withdraw my money from my account. Because I think if I do withdraw then one day I will put my money back in my account. It is better to put my money once and I will only play with that amount. I never chase big wins, jackpots, or big multipliers because I know when you are given a big win, you will lose a bigger amount of money if you get addicted. Winning in gambling is making a withdrawal, but another win in gambling is when you just bet with a few pennies for fun no matter if you get the jackpot or not. That is my personal opinion, and I know everyone has different opinions.
Our actions as a gambler are very obvious that we will still deposit the money that we managed to withdraw from gamble. Though there this joy we have when we win and withdraw without gambling again, we fills like we have outsmarted the.
Sometimes we deposit little amounts into our betting account but we don't get satisfied with it when we lost it, then we still have to deposit again so that we can be able to satisfy our urge for gambling, and most times we regret it because we deposited multiple times.
Making up withdrawal on the time that we are winning is the most hardest thing that you would really be doing on which you would really be that mainly thinking that you might be that lucky into that particular point on which simply means that you will really be having that increasing up your bet size on your next bets that you would really be doing. This is why it would really be that important that you should really know and be wary that luck isnt always on our side on which it would really be just that right that you should really know on what you are doing and instead on playing up more then it would be best that you should really be making up some withdrawal and make use of those amount on something worthy. Although it would really be that so hard or something that would be challenging in to this kind of situation
because the primary thing that comes up into your mind is having those thoughts that you might be winning up even more into your next bets on which this is where majority do really falls into this one.

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August 14, 2024, 08:53:25 PM
 #713

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.

It is a fact and I think we have all fallen into that error, even though sometimes we have considered not to fall into those errors, sometimes impulses make us commit that error, why? because there is no self-control, but it is not the self-control of emotions, I am human, it is difficult to control that, it is better to control money to control absolutely everything, we are people who sometimes learn by trial and error, and given those things most of what we learned was by playing and losing, sometimes being left with nothing, and that is how more value is given to our work and money, that is why we corrected these errors after losing .




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August 14, 2024, 09:32:54 PM
 #714

It is a fact and I think we have all fallen into that error, even though sometimes we have considered not to fall into those errors, sometimes impulses make us commit that error, why? because there is no self-control, but it is not the self-control of emotions, I am human, it is difficult to control that, it is better to control money to control absolutely everything, we are people who sometimes learn by trial and error, and given those things most of what we learned was by playing and losing, sometimes being left with nothing, and that is how more value is given to our work and money, that is why we corrected these errors after losing .

Well said mate. Some times I feel like that even I am not that kind of hard core gamblers or an addicted gambler but I have fall in to no control in self. Specially when I played the casino slots games it makes and crazy ness inside of us and I noticed that when we loose in roll there will e create an chasing the loss and that was also a cause of losing control in self. Even it is a natural think I would like to say these should be control before doing this continuously or before being the addicted gambler.

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August 14, 2024, 11:36:39 PM
 #715

It's a huge difference, but I was referring to the house in that algorithm. The house has more money than all the players. There's no possible means of defeating the house.
Ah of course yes, such a thing is impossible, then given this the house edge is supremely powerful, it will always exist and it is something that under no Circumstances can any player beat it, just as you say, the casino algorithm does not allow it, this has to be seen as one of the best things to understand what we are up against when playing in a casino and not delude Ourselves into thinking that the Casino will be the solution to everything, the Solution to a safe income or even a job.

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August 15, 2024, 08:04:57 AM
 #716

~snip~
Ah of course yes, such a thing is impossible, then given this the house edge is supremely powerful, it will always exist and it is something that under no Circumstances can any player beat it, just as you say, the casino algorithm does not allow it, this has to be seen as one of the best things to understand what we are up against when playing in a casino and not delude Ourselves into thinking that the Casino will be the solution to everything, the Solution to a safe income or even a job.

A job in the end is simply exchanging your time for money.

What works best is to have investments that turn your capital into more money.

Assets are the key, even if you don't have any, you can start with income and then transition into assets.
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August 15, 2024, 10:39:52 AM
 #717

It's a huge difference, but I was referring to the house in that algorithm. The house has more money than all the players. There's no possible means of defeating the house.
Ah of course yes, such a thing is impossible, then given this the house edge is supremely powerful, it will always exist and it is something that under no Circumstances can any player beat it, just as you say, the casino algorithm does not allow it, this has to be seen as one of the best things to understand what we are up against when playing in a casino and not delude Ourselves into thinking that the Casino will be the solution to everything, the Solution to a safe income or even a job.

But most players forget about this house edge because they have been given a high multiplier once in their gambling sessions. I think that is what urges most gamblers to keep on betting even though they have an idea of how the house edge works.
It's one problem that has no cure because of the reason for wanting to hit the jackpot. It's greed that stops us from claiming the win and walking out. Withdraw. We keep on trying one more time thinking there's a better multiplier that will be given to us. But, let's be real, the percentage to receive that same high multiplier goes way low after we hit it which is why we should withdraw after we get a good one. That's the only solution to feel that we are a winner.

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August 15, 2024, 04:01:13 PM
 #718

We should also ensure we work on our discipline.

Yes, there is no doubt about that, I think that things are always focused on doing better so that there is no doubt that for any circumstance we have the faith and above all the calculation of what we can do, and show you when we should withdraw , I have always talked about the money that we are willing to lose, but in this case things change when you have profits, because the profits must be withdrawn, no matter how little it is  , it is better to have the money in our hands and deposit it, than to leave it in the casino and lose it all.

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August 15, 2024, 04:19:22 PM
 #719

There are several important points here that must be paid attention to, namely the actual winnings are when someone makes a withdrawal which means I agree with the OP's idea, and then another thing we need to understand is that if your winnings are still in the casino, especially in your betting balance then It cannot be guaranteed that you will win because of course, as you said, OP and I agree that in gambling there are many things that can be tempting, especially I am sure that many gamblers experience whispers that tell them to gamble, especially to apply greed. when you manage to achieve a number of wins.

And sometimes, even though we are not gambling, when we see other people gambling or hear about the wins that other people have achieved, there will usually be a feeling or desire to gamble within us, which if these thoughts are not immediately diverted, it is possible that we can fall into it and try it. And we return again to the issue of winning, where it is true that the real victory is when you hold the money in your hands in physical form.

Gambling comes with a lot of greed if not properly controlled, keeping your winnings or capital in your bet account is something no one should do especially if you lack discipline because you would always want to keep playing, you can get lucky once or twice but multiple trials means you are hooked and there's a high chance that you might lose everything,..your point is absolutely valid, withdrawing to your bank account and keeping it isn't enough, withdrawing from your bank account and making use of the money is the real winning

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August 15, 2024, 04:25:20 PM
 #720

It's a huge difference, but I was referring to the house in that algorithm. The house has more money than all the players. There's no possible means of defeating the house.
Ah of course yes, such a thing is impossible, then given this the house edge is supremely powerful, it will always exist and it is something that under no Circumstances can any player beat it, just as you say, the casino algorithm does not allow it, this has to be seen as one of the best things to understand what we are up against when playing in a casino and not delude Ourselves into thinking that the Casino will be the solution to everything, the Solution to a safe income or even a job.

Of course, moreover if from the beginning we see gambling using a rational perspective then I think it is not difficult to conclude that casinos will always be the best in gambling activities, logically they are the ones who provide and create all the games offered to each player, meaning that it is clear that an owner will know much more about something they create than people who come and see it when all the games are ready to be played.

As we know that gambling is about winning and losing, and logically it is impossible for bookies to deliberately create games to give a lot of money to players, understand that this is a business for casinos where one of the reasons they provide opportunities to win is so that gamblers feel interested in continuing to try, meaning that bookies make opportunities to win as something that will bring more profit, bookies already know that everyone will like it when they see a place that provides opportunities to win. In the end, yes, as you said, this is the reason why it is very important to know and understand what we are actually dealing with.

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