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Author Topic: Which is easier, to quit when winning or to quit when losing?  (Read 2291 times)
Ultegra134
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June 26, 2024, 11:31:19 PM
 #121

The risk is far greater if you win $500 than if you lose the last $10. In the first scenario, you're risking a reasonable amount of profit that would go to waste. Greediness is an awful thing, and you should be appreciative that you've managed to yield such large returns. In the second scenario, you've already gambled away your balance and have $10 left in your account; in the worst-case scenario, you're going to lose another $10, while going ahead and gambling them provides you with the possibility of earning some of your money back.

In the first scenario, I'd simply withdraw immediately, while on the second, I'd go all in. How can it possibly go?

 
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June 26, 2024, 11:33:04 PM
 #122

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 eventually turn $100 to $500, I will have to withdraw $400 and remain $100 to continue my adventure. But if by any reason by $100 turns to $10, I'll not withdraw it, rather I'll leave it in my gambling portfolio for further adventure.

So the question of whether it is easy to quit when winning or when lossing applies to individual differences. Someone who is greedy will find it difficult to quit while winning and that same greedy man will be willing to chase his losses until he losses all.

That could be a good approach in paper, but when you are there, it's really hard to say. I mean yeah, you already made a withdrawal of $400 and just playing that $100 and by chance you lose it, maybe you are going to think to deposit and try to get that $100.

I'm sure gamblers here at one time in their gambling activity has done it. Not about greedy I guess, but it's more on the mentally of not wanting to lose. So in that case, it's better to withdraw all of that $500.
You have a good point. If I multiplied $100 to $500, withdrew $400 and continue gambling with $100. When I eventually lose the $100, I'll definitely be tempted to deposit more, having in mind that I got $400 profits. It is natural and happens to everyone.
Going by your advice of withdrawing the whole $500, it is a good idea but what happens if you want to continue gambling? You still need to deposit, or will that be the last gambling. Or are we going to argue that the money is from another source. It all goes down to moderation and discipline.

 
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June 26, 2024, 11:47:50 PM
 #123

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 look at this question, literally speaking, when you know that you have discipline in yourself as a gambler, you can easily stop gambling when you know you are winning. Because you control your emotions, for sure.

But when greed is there in you as a gambler, the chances are also high that even if you know that you will win gambling, you will still have the desire to win more money in the casino.

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June 26, 2024, 11:59:17 PM
 #124

My determinant to continuing  gambling is mostly checked in percentage, i don't really get to measure it by the amount i still have remaining in my wallet, what i measure it by is by the percentage which i have used of my funds as i do make sure to make a budget as i am a very conservative gambler. if i have used more than 50% of my bankroll and I'm yet to win, i quit for the day but if on the other hand i have made as much as 50% of my account and i didn't get it easily, i make sure to quit but if i made 50% of my account on one,  two or three trials, I would still continue because i would be made to believe there's still luck ahead with which i can be able to profit from so i basically work in this manner and there have been times i made as much as 200% and that has been my max, i make sure not to get pass that, if at any point i get so lucky that i make up to 200% at a session, i quit but if i loos 50% i quit without a second taught because i believe i may loose all i have got in the next move.

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June 27, 2024, 04:40:20 AM
 #125

If I look at this question, literally speaking, when you know that you have discipline in yourself as a gambler, you can easily stop gambling when you know you are winning. Because you control your emotions, for sure.

But when greed is there in you as a gambler, the chances are also high that even if you know that you will win gambling, you will still have the desire to win more money in the casino.
Those who have discipline will of course easily stop when they win, and similarly when they lose they can easily stop because they have discipline in gambling. because in my opinion, if they have discipline, of course they are people who are unlikely to take big risky steps that can make their emotions race, whereas gambling with an emotional state can of course put them in big trouble, such as getting a win but still wanting to gamble so that What they do is continue to gamble with the winnings they have obtained, of course this can affect their emotions and can get them into trouble.
Continuing gambling with winnings that have been obtained can be said to tend to start following greed, with the fact that defeat or losing money will dominate, of course this can make them disappointed when the winnings that have been obtained are lost again. It's not easy to stop gambling if they don't have discipline, if they have strict discipline under any circumstances I think they can stop gambling easily.

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June 27, 2024, 05:26:10 AM
 #126

To answer your question, it is easier to quit when winning than to quit when losing. When losing you would want to see if you can recover your money back at least up to your bankroll. Whenever you are winning and you have made good profit of 50% of your bankroll this excitement comes and it makes you quit and take your winning happily. However, only responsible gamblers can be satisfied and make such a profit the greedy ones might feel it is a good day for them and that they should continue gambling. If such person loses both the bankroll and the profit, he has made previously because of greedy then he got what he deserved.

Obviously, it is not easy for one to gain a profit of 500% of their bankroll. Even 50% or 100% is enough for a person to quit gambling for the day. Some people just make 10% profit and they are done for the day. Just like i have said anyone who refuses to quit with this amount is really greedy.
They should stops playing gambling when they wins but if they can't control their minds, they will not stops playing gambling instead will keeps playing gambling. Not many gamblers can have responsible when playing gambling or when they wins so we must not lose control to stops ourselves from playing gambling.

We must be careful with our greediness after we wins because that can makes us keeps playing gambling without stops. Yes, it's not easy to gain a profit of 500% so that will be our big winning and we must stops ourselves before it's too late. Winning 10% is enough to stops playing gambling immediately so we don't have to chase the bigger winning because that will be too difficult.

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June 27, 2024, 03:24:01 PM
 #127

I think it depends. If in terms of winning, I can easily quit when I already reached my target win. It gives me contentment and will not think of coming back in the casino for quite some time. Now when it comes to losing, I can only quit once I have emptied my wallet.

On the scenario that you have given, that win is 5x which is still a good win. I can consider this and I think I can still rest for some hours. If in case I am down to $10, I will still continue playing. Actually, when I'm down too much, my emotions are also getting stronger. I feel annoyed or angry ( to be specific ). There are times that I can stop but that is if I'm still breakeven.

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June 27, 2024, 04:30:10 PM
 #128

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 look at this question, literally speaking, when you know that you have discipline in yourself as a gambler, you can easily stop gambling when you know you are winning. Because you control your emotions, for sure.

But when greed is there in you as a gambler, the chances are also high that even if you know that you will win gambling, you will still have the desire to win more money in the casino.

That's right, meaning that the ease of quitting in any winning or losing condition will most likely only be able to be done by gamblers who do not have an excessive interest in gambling, such as those who are addicted.

Basically, not everyone can admit or realize that they have the wrong behavior or way of treating their gambling activities, but we can see everything from various behaviors and actions along with the decisions they often make in every situation when they are gambling, such as what decisions they will make when they win or lose.

The bottom line and the conclusion in my opinion is that we cannot use the context of winning or losing as a benchmark for quitting at the right time, or what I mean is that I cannot say that winning is an easier situation to quit than when we lose, or vice versa, because basically winning or losing is a difficult situation for an addicted gambler to quit, but as you said that whatever the situation is quitting will be an easy decision to make if the gambler is not addicted.

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June 27, 2024, 05:23:49 PM
 #129

i feel that quitting when i lose is much easier than quitting when i win. because when i lose, i don't get what i want to get, so quitting at that time is not so difficult for me since i no longer have the desire to spend more money. but when i win, that's the challenge, because the desire to play until i get more money becomes even greater. it feels like my ego forces me to be able to play and get that jackpot, and that's what makes quitting when i win much more difficult for me.
You think differently than most gamblers, I believe. If you ask a regular gambler, even if they are not addicted to gambling, they would say it is difficult to exit when you have lost because your mind keeps telling you that you can recover the money you have lost if you make another deposit, and when you do that and lose the other deposit as well, the same happens again, and this happens until you have no money left at all.

I know stopping when you have won something is also extremely difficult sometimes because you tend to become greedy as a human being, it's our nature, we can't help it, and out of that greed, you may gamble and lose all or some of the profits you have gained and this gets you frustrated to another level because you literally had won some money on top of your deposit and now you have lost your initial deposit as well.

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June 27, 2024, 05:36:11 PM
 #130

i feel that quitting when i lose is much easier than quitting when i win. because when i lose, i don't get what i want to get, so quitting at that time is not so difficult for me since i no longer have the desire to spend more money. but when i win, that's the challenge, because the desire to play until i get more money becomes even greater. it feels like my ego forces me to be able to play and get that jackpot, and that's what makes quitting when i win much more difficult for me.
You think differently than most gamblers, I believe. If you ask a regular gambler, even if they are not addicted to gambling, they would say it is difficult to exit when you have lost because your mind keeps telling you that you can recover the money you have lost if you make another deposit, and when you do that and lose the other deposit as well, the same happens again, and this happens until you have no money left at all.

I know stopping when you have won something is also extremely difficult sometimes because you tend to become greedy as a human being, it's our nature, we can't help it, and out of that greed, you may gamble and lose all or some of the profits you have gained and this gets you frustrated to another level because you literally had won some money on top of your deposit and now you have lost your initial deposit as well.
Our brain or simply our mind would really be the toughest opponent that we do need to control of and next is our emotions yet these two things could really that mutually connected when it comes into the feelings and thinking on where they would really be sharing up on the moment that you would really be losing money. We do know that when it comes to gambling and on the moment that we are on a losing condition
then it would really be just that normal that you would really be thinking for having that kind of retrieval or kind of approach on trying out to recover those loses on which this causes up for you to play even further.
We do know that on the time or moment that you would really be that making having this kind of approach or reaction then it would really be that hard for it to be controlled once you are on such moment.

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June 27, 2024, 06:12:09 PM
 #131

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 look at this question, literally speaking, when you know that you have discipline in yourself as a gambler, you can easily stop gambling when you know you are winning. Because you control your emotions, for sure.

But when greed is there in you as a gambler, the chances are also high that even if you know that you will win gambling, you will still have the desire to win more money in the casino.
prefer to take the winnings first if our balance increases 10x. I have experienced big hopes with an increase of 100x from the deposit capital, but I only got 30x. but not being satisfied with the desired achievement, everything was lost because of big ambition. personal experience, now just grateful if betting my money grows better it is . because I think about it in terms of time and strategy, losses, money going in and out. which is not easy with a short time and many things that are more important prioritize family. If I win at gambling, will withdraw the money

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June 27, 2024, 06:12:29 PM
 #132

Quote from: stadus
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 depends on your budget, because there are some gamblers that budgeted $5 or $10 daily in gambling whether winning or losing in the gambling, they will never gamble above their budget, and it has made them not to quit gambling till now.

As a regular gambler, I don't think you will quit gambling for such amount of money because you are not doing it for investment purpose, which you need to continue gamble to be catching some fun that will make you happy like the way I use to be happy whenever I have the opportunity to gamble.

If you have never crossing your limit in gambling, you can continue gamble but don't borrow money to gamble which is not advisable to gamblers to involve themselves in the gambling center.

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June 27, 2024, 06:21:03 PM
 #133

prefer to take the winnings first if our balance increases 10x. I have experienced big hopes with an increase of 100x from the deposit capital, but I only got 30x. but not being satisfied with the desired achievement, everything was lost because of big ambition. personal experience, now just grateful if betting my money grows better it is . because I think about it in terms of time and strategy, losses, money going in and out. which is not easy with a short time and many things that are more important prioritize family. If I win at gambling, will withdraw the money
You are like a person who does not easily stop when you get a win, even up to 30x your capital, that is a very pantastis amount in my eyes, you should be able to feel enough if then your profit drops to 20x, but you spend it there, I myself just the opposite when I get more than 5x definitely stop gambling and withdraw winnings, because something that is impossible if I get 100x in gambling, I don't have big ambitions with it.

But if in a losing state I can not stop, because my curiosity is sometimes greater, maybe try once or twice again to get a win, my thinking is like that, my curiosity can be more crazy at a certain time if it continues to get a loss.

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June 27, 2024, 07:07:51 PM
 #134


Yes what you said is true regarding what are the possibilities that can happen in these two situations between winning and losing, anything can happen but it all depends on whether they will be able to control themselves and their mindset or not, while we know how the behavior of someone who has entered the addiction phase.

What this means is that in any situation, win or lose, the act of quitting will only be easy for gamblers who are not addicted, because an addicted gambler obviously cannot control themselves so that they can enter the addiction phase, so I would say that quitting when winning or losing is only easy when a gambler is not addicted, or has full control over themselves.
Control and moderation would really be the key on here on which on the moment that you have lost that control then you would really be ending up on having that devastation when it comes into your finances and this is something that must be avoided on the moment that you would really be dealing up with gambling. Winning or losing then it would really be that always the main results or outcome
on gambling field. It wont really be that necessary to quit if you are really just that playing gambling for the sake of fun and not for making income because this is where people do usually derailed themselves when it comes to this manner on which you would really be messing up your finances if you would really be that making yourself that delusional towards gambling.
Dont play for making income but rather for entertainment then you would really be that safe on that part.

Yes of course control is the main key to surviving gambling activities as you said, but on the other hand as I said above that gamblers who are already addicted will certainly not have this ability.

One of the reasons why the key to survival in gambling activities is to have control or self-control because after all gambling can really make a gambler emotional and lose consciousness which is a situation that can trigger a bigger disaster, which in addition to the results at the end of gambling are always unpredictable and of course however it is natural in an activity that is probable.

The other thing so far is that gambling with the aim of seeking entertainment is indeed much better, or that means that it is the best approach so that we can avoid various bad possibilities, because by having the intention to have fun and not to earn then of course you will not have excessive interest in winning.

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June 27, 2024, 09:34:31 PM
 #135


If perhaps am not able to increase the $100 far more and I ended up to lose all of it just in one day, I will definitely leave and not repeat again through out that day but if I had allow all the $500 to site in my casino balance, I will definitely have the urge to keep trying luck and before you realize it, i must have already lose all the money, so it's better to save yourself of the temptation and withdraw your profit, leaving behind the amount you are willing to gambling off. I don't love to spend too much on gambling just in one day, $100 is even too much to waste just in a daily staking.

Thanks for answering my question. I can see that you are a responsible gambler. You have plans that you follow, and you understand how and when to stop. Personally, I'm not so disciplined when it comes to gambling. Though I must say that I have learned a lot from my years of being a gambler, from time to time I have this problem where I cannot stop when I'm down because I want to end the session with a profit. As a result, when I try to break my rules, I end up losing my focus in the game. Most of the time, when I do this kind of thing, not only do I lose my winnings, but also the entire money I have, including my initial bankroll.


On the other hand, I am sure that you will still end up in a situation of concern in your gambling activities, and I am also sure that you will always feel the tension in every gambling session due to the fear of losing money. Therefore the first thing you have to correct in yourself is the understanding of how gambling really is, I would suggest understanding the whole about gambling, don't just look at the chances of winning but also look at the risks, because when a gambler realizes that gambling is a risky activity then most likely they will always calculate according to their abilities every decision they make such as in terms of allocating the amount of budget, fix it as soon as possible friends.

Yes, I agree that the cause of his approach towards gambling is due to high expectation to make profit before you can stop gambling and most times, even after you have won some more, it will never  enough to the gambler, they will still want to continue gambling until they probably lose everything again. I know it's sometimes difficult for some gamblers to stop but with a strong decision and determination, nothing is impossible.  I still remember that in the past, I did battle with some unhealthy gambling attitude in the past but learn from my mistakes.

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June 28, 2024, 02:04:23 PM
 #136

prefer to take the winnings first if our balance increases 10x. I have experienced big hopes with an increase of 100x from the deposit capital, but I only got 30x. but not being satisfied with the desired achievement, everything was lost because of big ambition. personal experience, now just grateful if betting my money grows better it is . because I think about it in terms of time and strategy, losses, money going in and out. which is not easy with a short time and many things that are more important prioritize family. If I win at gambling, will withdraw the money
You are like a person who does not easily stop when you get a win, even up to 30x your capital, that is a very pantastis amount in my eyes, you should be able to feel enough if then your profit drops to 20x, but you spend it there, I myself just the opposite when I get more than 5x definitely stop gambling and withdraw winnings, because something that is impossible if I get 100x in gambling, I don't have big ambitions with it.

But if in a losing state I can not stop, because my curiosity is sometimes greater, maybe try once or twice again to get a win, my thinking is like that, my curiosity can be more crazy at a certain time if it continues to get a loss.
That's a personal experience first, because I used to find a trick or maybe the hockey from some of the gambling games. Now it has no great hope to win 100x. Now if you want to bet gambling, have won 5x, 10x more to choose to withdraw money from the victory and the advice to throw away from great hope. and introspection of ambition there is no end if you follow lust. do gambling wisely to be controlled

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June 28, 2024, 02:16:51 PM
 #137

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 you don't have a budget limit, maybe you will be confused about when to stop gambling and when to gamble. If you are asked to choose both, it will actually be difficult depending on your perspective and mindset. If from the start you gamble just to make money, it will usually be difficult. To make a choice like this, usually when you win big, you will definitely be greedy to play again so you can win even bigger, whereas when you lose and still have a little money left, you will definitely continue playing because maybe you hope you can recover the loss from that little money.

I have no experience of having difficulty in making this choice. Usually I will stop gambling when my budget runs out, even if I have $10 left, I will still spend it because I have already prepared the money to be spent and ready to lose it so I won't save it for tomorrow. Likewise, when I win gambling, usually I don't think long, I will withdraw the money and leave the casino because if I'm lucky then I will withdraw the money and then leave so I don't really hope to win big again and continue playing, actually it's just about mindset. just.

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June 28, 2024, 02:33:09 PM
 #138

If I look at this question, literally speaking, when you know that you have discipline in yourself as a gambler, you can easily stop gambling when you know you are winning. Because you control your emotions, for sure.

But when greed is there in you as a gambler, the chances are also high that even if you know that you will win gambling, you will still have the desire to win more money in the casino.
Those who have discipline will of course easily stop when they win, and similarly when they lose they can easily stop because they have discipline in gambling. because in my opinion, if they have discipline, of course they are people who are unlikely to take big risky steps that can make their emotions race, whereas gambling with an emotional state can of course put them in big trouble, such as getting a win but still wanting to gamble so that What they do is continue to gamble with the winnings they have obtained, of course this can affect their emotions and can get them into trouble.

Greed summarizes the lack of discipline in a gambler's life. Multiple times have I been trapped for this, but one way I'll always get myself off such a recycling habit. Sometimes I'd promise not to spend such times on games, but sooner I'm on it spending lots of it, which actually affects productivity in many ways. Hence, reducing gambling down to few times a week instead of an everyday habit, is what worked for me and actually boosts discipline on the gambler's end. Thereby, granting the player some immunity over addictive gambling. He may never find himself engaging in too many gambling activities and restrict his greedy gambling habit.

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June 29, 2024, 02:23:41 AM
 #139

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.
In my experience about gambling with my money and how I know gamblers behave, it is easier to quit while losing than winning. If a day is your lucky day to the point that after some bettings, you won 5 times your initial money, oh boy, this is a rainy day, your lucky day indeed, so why go home early? That's how gamblers think. Fine, some people will be able to avoid the temptation but I tell you that most people will continue wagering, and this is one of the reasons why they lose back the money they had gained.

But for the losers, in my experience, they are pained by it and it is not all of them that are engaging in the revenge quest like that but a few. For this, if they had lost in streaks, they can't be so happy so they may likely call it quit faster than those who are winning and have more reasons to stay and bet more.

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June 29, 2024, 03:30:36 AM
 #140

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.
In my experience about gambling with my money and how I know gamblers behave, it is easier to quit while losing than winning. If a day is your lucky day to the point that after some bettings, you won 5 times your initial money, oh boy, this is a rainy day, your lucky day indeed, so why go home early? That's how gamblers think. Fine, some people will be able to avoid the temptation but I tell you that most people will continue wagering, and this is one of the reasons why they lose back the money they had gained.

But for the losers, in my experience, they are pained by it and it is not all of them that are engaging in the revenge quest like that but a few. For this, if they had lost in streaks, they can't be so happy so they may likely call it quit faster than those who are winning and have more reasons to stay and bet more.
A very clear and good point, and I completely agree with you.
I actually love the fact that you mentioned it touched on the fact that it's still possible that some gamblers may be able to quit after encountering a good win, this is actually the category that I fall in, and I need not be ashamed to say that this has helped me over the years safe and made judicious use of my gambling winnings even though they weren't always much or high.

I've made it a habit to always quit playing when ever I encounter any significant win, and maybe not so significant but an amount that is withdrawable, I stop and withdraw, because in the past on several occasions, I've continued to play after encountering a good win, and I ended up losing it all back to the casino, I hated myself greatly each time that happened to me.
So, this days, I've learnt to quit when I win, and it has made me a happy gambler actually.

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