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Author Topic: Which is easier, to quit when winning or to quit when losing?  (Read 803 times)
danherbias07
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June 23, 2024, 04:17:41 PM
 #21

It's easier for me to exit when I grow my money to x5 like you mentioned. But there's a catch, I always leave like 5 percent of it. Yes, the last I won $500 which is the max win for a slot that I played and I left $25 just so I could play more. Sadly, I didn't find any luck to grow it again to something that will surprise me.

When I am down to $10, I don't think I will quit. I will just tell myself to accept the losses and if I don't get anything on that $10 left in my wallet then I will not play for a week or more. Not because I am hurt but because that's the right thing to avoid being a gambling addict or losing more in the process.
With that, I think chasing losses is way harder than withdrawals for a win.
$500 is a lot of money, I might even exit at $300.

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June 23, 2024, 04:19:11 PM
 #22

It's all choice. For some, it'll depend on their gambling plans. But, considering the term “quit" nobody would quit after winning big or losing huge amount. The term stop would be best used for this explanation. Although, it's a nice decision to quit after winning big, but it's almost impossible. People only stop to play to continue again later. So, with the “stopping" term, it's quite not fine to assume that one side of the decision would be the best. A player who quits after winning big would be leaving with a profit. As he wouldn't spend back any dime to the casino. Provided a player is meant to play next time, it all depends on the player.

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June 23, 2024, 04:19:11 PM
 #23

Having an idea on how gambling works and the feeling of geed which can take over anby gambler, I believe it would be harder for anyone to quit while winning or being in green numbers. As long as one is having a good winning streak, we commit the mistake of assuming such streak is permanent and we can continue to win indefinitely in the midterm. On the other hand, if one is having a Lossing streak, and one is able to overcome the feeling to chase those losses, then quitting is easier, though, I believe if there is any money remaining, like those ten dollars, after a bad streak, then it would be likely anyone felt like gambling away those few bucks, which are few when compared to the rest of the bankroll already lost.
Anyways, not all of us would react in the same way when presented to the same situation.

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June 23, 2024, 04:25:36 PM
 #24

I have never thought of it that way but it’s really interesting to discuss.

I think this would be a subjective part where once experiences would play a big role with how they would react to the current situation. Imagine multiplying your capital by five and then not still yet being satisfied. That says a lot about someone who is probably hungry with really making big gains but in the return just losing it all.

Another person who would win that same amount would be really happy and then probably withdraw everything and remain with the initial bankroll that he started. I think this is more common with casual gamblers.

Personally it would be easier for me to quit when winning that is also based on my experience.

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June 23, 2024, 04:26:51 PM
 #25

If I were in a situation like this, of course I would stop gambling for a moment and continue again at a later date, of course I would enjoy my winnings and set aside a little in my gambling account to play at a later date, if we were too pushy to get a good win. much bigger than before, the possibility is very likely that you will lose everything you have. If I lose and leave $10 I will certainly spend the money I had budgeted for gambling at that time.

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June 23, 2024, 04:29:43 PM
 #26

I know that as gamblers, everyone can relate to this question, as we have surely experienced it in real situations.

Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.


If i take this scenario, if i win $500, I will take out 250$ and quit gambling for the day. I will keep 250$ in my gambling portfolio but i won't use it instantly. In fact i will be gambling with this money in the next few days or weeks and see how much can i make with this remaining money. If my luck is good, i can again make $500 and move 50% out of gambling  Wink

Now the second scenario, if i am left with 10$, I won't quit and try my luck with the last 10$ and see if I can win something for the day.

Remember I would be spending 100$ on that day because i have already managed the risk, which means my bankroll is a big one, else I won't risk 100$ in the first place.

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June 23, 2024, 04:35:41 PM
 #27

If we take a holistic view we find a common trend among gamblers where they keep gambling even after multiplying their bankroll and at some point they lose. I faced such a situation in the beginning of my gambling life where I continued my gambling with the aim of getting more despite being profitable and finally lost all my bankrolls including my winnings. Many people who indulge in gambling can lose all their money for just a small amount. I think there are many such gamblers who fail to control themselves. Though they are able to realize their mistake later. If gamblers are greedy they will continue their gambling until their bankroll is depleted.

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June 23, 2024, 04:41:10 PM
 #28

I will quit the game and will not gamble anymore. I will withdraw my profit and leave the rest in my account. It is only the money that you have withdraw that is your wins. If it is still in the casino, you might gamble again and lose all.

If I am also losing, and left with $10, I will quit the game, because who knows if that is not my lucky day. I will gamble with my $10 balance the next time that I want to gamble.
lol! You don't talk like someone that's really into gambling. Do you think it's easy like that? When you win, it always hits you immediately that if you play more, there is a high possibility of winning  and when you're loosing, there is always an urge to keep gambling with the hope of winning more.

Going back to the question, if I'm winning, the first thing I do is to withdraw a portion out of my betting account while I can decide to risk the remaining amount on betting either on the same day or I might just shift it to next day. If I've lost $80 dollar already and I'm left with $20, it's way difficult to know what I would have done at that instance. Depending on my mood, I might decide to quite or try out my luck but the most likely thought that will come to mind will be to try out my luck.

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June 23, 2024, 04:42:18 PM
 #29

It is easier to stop when you make 5 times the amount that you had. You can take out the profits and can again continue to gamble with $100 if you wish to. In order to counter these types of situations, it is always advised to set targets. Once the target is achieved, stop and enjoy the profits. Now if we talk about the second scenario, then it’s hard to stop when you almost lose 90% of the amount. If I am in this situation, then I would try to bet 2x or 3x with the rest amount in a single go.

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June 23, 2024, 04:49:49 PM
 #30

For me it's easier to quit when I'm winning, because I fear losing my profits, so I tend to just avoid to continue betting, cashing out my funds immediately. On the other hand, when I'm losing, I feel more tempted to continue gambling, because it's too bad when things don't go as expected. It's like already having plans for the money, but then you have to change your plans, because there isn't money anymore.

I'm not saying to be playing with money I couldn't afford to lose, but even when that is not the case, you still have plans for the profit you are aiming from a gambling session, right? It seems natural for the brain to start elaborating alternatives to keep playing and recovering that money somehow. And that is when you have to nip the evil in the bud, leaving the game instantly without thinking twice, for your own good...

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June 23, 2024, 04:56:15 PM
 #31

If I gambled with $100 and I won $500. I will withdraw $400 immediately and it is going to be very fast. If I lose the remaining $100, I do not care. But there are times that I will withdraw the whole $500.
I think we are in the same category here. I'll certainly withdraw $400 or more depending on what needs I have to solve. There's always something that needs money to be resolved and that's where I'll channel the money into.

Quote
If I gamble with $100 and I lost $90 already remaining just $10. I will use the remaining $10 to gamble. That is why I call it gambling budget or gambling bankroll. Any amount of money that I can not afford to lose will not be part of my gambling bankroll.
I agree with you. I'll take a break though from the loss and return to gambling after I feel I am okay enough to gamble again. Money does come easy and even a loss of $90 would still hurt. But then, we are in the same line or thought.

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June 23, 2024, 04:57:34 PM
 #32

I know that as gamblers, everyone can relate to this question, as we have surely experienced it in real situations.

Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.


It will be easier to stop when losing when there is no more balance left in the wallet, thus the gambler will stop betting. But, if we consider about a capital of $100 and it has increased to $500 or perhaps increased however much, I think it would also be possible to stop betting when the gambler is not greedy. But if the gambler is greedy, then even though they have earned $500 from an initial capital of $100, they will continue betting assuming that they are able to make it $1000. But in cases like that if I experience it myself, then at least I will always try to stop even though it is difficult, because with results like that at least we can make a withdrawal and save some to bet again tomorrow. But about $100 to $10, then for me it's better to go all in and start with new capital the next day.

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June 23, 2024, 05:06:12 PM
 #33

I know that as gamblers, everyone can relate to this question, as we have surely experienced it in real situations.

Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.
Quit when winning is easier because we are not carried away by emotions and can think clearly unlike when we are losing.
But the problem that often arises after winning is, e.g: our bankroll is $100, play and win $400 = $500 in balance, play again and lose $100.
Even though the profit is still $300, usually we will still play to chase the $100 we lost earlier.

And If the bankroll is $100, playing and only $10 left, I definitely wont stop because my emotions can no longer be controlled when that happens, "win or die tryin".

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June 23, 2024, 05:07:09 PM
 #34

It's better to quit when you're winning than to quit when you're losing, and you'll regret why you didn't pull... That is the inner voice where regret occurs.

This is a choice where many people continue to continue their winnings to play rather than stop because of lack of satisfaction or greed then I'm not sure it can maintain the winning money so it's better to stop when the money has grown to $500.

What I do is to withdraw part of it, because I have secured the winning money so I don't care about the remaining money if I don't win anymore.

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June 23, 2024, 05:22:08 PM
 #35

Firstly, what quit are we talking about? Quilting like probably after consistent loses one can just decide to withdraw the left funds thereby changing it's purpose or are we referring to just a temporary stop for some time.

If we are then talking about permanent stop, then I think that consistent loses can be the reason as to quit gambling other than repeated winnings. If I continue getting those profits and am positive at it then maybe it would even escalate the number of times I visit there because I get something positive in return which is the profits. But, if it is the other way round then being sensible enough I will know that maybe I don't have a better chance with gambling since I keep losing and would restrict myself entirely from it. So I feel it is easier to quit entirely when losing than winning.

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June 23, 2024, 05:26:02 PM
 #36

I know that as gamblers, everyone can relate to this question, as we have surely experienced it in real situations.

Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue? Conversely, if with our bankroll, we are down to $10, would you still continue or save the remaining $10? I used specific amounts to make it easier to discuss this situation. I understand that we all gamble with different amounts based on our income, but consider this as an example. You can mention any amount you want based on your personal experience; it doesn't matter.
No body quits when things are going I your favor.  Depending on the type of gamble, if your luck is shining and you have won and still winning,  what is best is to withdraw part of the money or 90% of it and continue gambling with the remaining 10%. This is my pattern and it has helped me secure my wins and also maximize the opportunities of good gambling days. On the other hands, I have a limit for bad gambling days and a soon as that limit is triggered,  I will stop for the day. In summary, quitting is easier during losing than when winning is happening.

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June 23, 2024, 05:27:07 PM
 #37

Firstly, what quit are we talking about? Quilting like probably after consistent loses one can just decide to withdraw the left funds thereby changing it's purpose or are we referring to just a temporary stop for some time.

Obviously this is for a temporary stop since the value involved is too small for a gamble to quit permanently. No one will quit gambling for real by just winning 500$ or losing 10$ on their bankroll.  Cheesy



For me, Quitting in profit is much easier assuming that the goal is already satisfied and we are already choosing between the two. The real deal is on how you will achieved the 500$ profit before you can bust your bankroll. Anyone who is already at huge profit will surely find easier to quit because you already achieved something while losing only part of your bankroll will just make you motivated to play more in order to recover the lose.



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nimogsm
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June 23, 2024, 05:28:02 PM
 #38

I always have a plan for the game, if in one or two games I managed to double my balance, I immediately quit and will not continue to try to hit the jackpot. If the game doesn’t go well, I can calmly finish the game with the rest of my balance since the budget of the game was planned in advance for me It won’t be a pity to lose it completely. If you have minimal discipline when playing, then there will be no problems.

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robelneo
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June 23, 2024, 05:32:03 PM
 #39

I know that as gamblers, everyone can relate to this question, as we have surely experienced it in real situations.

Suppose our bankroll is $100 and it has already grown to $500, would you quit or continue?

I'll withdraw the profit and be glad that I did if I am not yet satisfied with my session, then I will use the $100 to continue gamble or leave it and come on my next session

Quote
Conversely, if, with our bankroll, we are down to $10, would you still continue or save the remaining $10?
What's the purpose of retaining the $10 I'll just continue to gamble until I lose it and call it a day, I find it easier to quit when winning because I feel satisfied when I win than when I lose; the purpose of playing for me it to feel satisfied even if I lose if the game turns out to be exciting then it's already rewarding for me.



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June 23, 2024, 05:59:18 PM
 #40

In the context of which is easier to do between stopping when you are in a winning situation and stopping when you are in a losing situation, I think the answer can vary but the point still depends on whether you are an addicted gambler or not, because if you have entered the addiction phase then obviously in any situation, win or lose, the idea of stopping will always be difficult to do, and I will simplify it that an addicted gambler when they manage to win $500 with a capital of $100 then they will continue gambling with the aim of pursuing the amount of $1000.

Or vice versa, when they lose or the amount of capital drops to $10 from the initial $100 then they will most likely stop, but not stop completely but stop when the last amount is exhausted and after that re-deposit some money to catch up with the previous loss.

In my own case I usually only use an amount of no more than $5 in each gambling session if I really want to gamble, and for the problem of winning or losing it is not a problem for me, when the amount increases to at least $20 for example then I usually prefer to cash out, because although the amount may be small for some people but anyway it is a decent amount to enjoy, and vice versa, if it turns out that the amount of $5 runs out then yes usually I close the game and do something else, there is absolutely no thought of chasing losses, I am not interested in doing stupid actions like that.

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