Huge win that turn into loss scenario

[Casdinyard]

I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.

This happened to many times when I already have huge profit such as x2 to x5 of my bankroll. I usually hangout out for more gambling but place only small bet on slot games. This small bet turns into increasing bet when losing badly u til I already buying bonus that keep losing too until I bust all my bankroll.

Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.

Well good for you. But the reality of things is that not everyone's gonna be as smart or as level-headed as you are. Cause for the most part a lot of people will see a large bankroll or a large win as their ticket to gamble more, instead of doing something to make sure they are able to secure their profits.

One thing I would really recommend you do when you gamble to instill some sense of discipline upon yourself is use USDT as a payment option instead of using any other cryptocurrencies. To give you an unparalleled perspective of just how much money you're spending, and if that shit still doesn't faze you, then I would highly suggest you withdraw every 2-5x win you bag when you gamble. That ensures you still have a bankroll to play with, while being able to secure as much profits as you can.

[dansus021]

Huge win that turned into a loss scenario oh frenn believe me most of the people here in the forum already fell after winning and turn into a loss hahah. the greed is really there frennn in our body just waiting to be activated haha. But seriously tho sometime even myself can't control it greed is very delicious, there is a point that I win and then I bet more and win again and when I hit the final round I just lost all of it because I think its gonna be win again but in reality that is not gonna happen because gamble chance is still 50.50 hah

The advice is we need to make sure our greed take control of our body just by withdraw after win big haha

[Natalim]

I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.

This happened to many times when I already have huge profit such as x2 to x5 of my bankroll. I usually hangout out for more gambling but place only small bet on slot games. This small bet turns into increasing bet when losing badly u til I already buying bonus that keep losing too until I bust all my bankroll.

Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.

Well good for you. But the reality of things is that not everyone's gonna be as smart or as level-headed as you are. Cause for the most part a lot of people will see a large bankroll or a large win as their ticket to gamble more, instead of doing something to make sure they are able to secure their profits.

One thing I would really recommend you do when you gamble to instill some sense of discipline upon yourself is use USDT as a payment option instead of using any other cryptocurrencies. To give you an unparalleled perspective of just how much money you're spending, and if that shit still doesn't faze you, then I would highly suggest you withdraw every 2-5x win you bag when you gamble. That ensures you still have a bankroll to play with, while being able to secure as much profits as you can.

I think regardless of what payment to opt to chose, as long as the gambler has no discipline towards his betting activity, he will never refrain from gambling more most especially if he is still also in the winning streak. But when losing streak comes, that's the biggest challenge when gambling, trying to stop yourself from continuous gambling when you know that's not what you want.

The best solution for me is to secure and withdraw the profits every time you win. No need to set a target on the amount of withdrawal, but as long as you make some gains, that's for you to keep and withdraw it so you can't gamble more, and leave some small funds that will serve as your capital the next time you decide to gamble.

[DubemIfedigbo001]

I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.

Its very tempting when you are winning to go on and on to secure even bigger wins, but you always need to reset you funds to the initial deposit when you make considerable profit. when I make at least twice my bankroll, I immediately reset my bankroll to the initial amount by removing the excesses to avoid losing them all in the event of losing streak.

This happened to many times when I already have huge profit such as x2 to x5 of my bankroll. I usually hangout out for more gambling but place only small bet on slot games. This small bet turns into increasing bet when losing badly u til I already buying bonus that keep losing too until I bust all my bankroll.

Every gambler must have experienced this many times, the bad experiences of your funds melting in your presence because of persistent gambling motivated people like me to adapt a pattern of removing my gains as soon as they are big enough

Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.

Congrats on learning your lessons, although I would not be surprised if you still flop sometimes on this principle, because you're a human. Principles saves us a lot and I hope yours continue to guide you to profitable gambling.

[Sim_card]

Huge win that turned into a loss scenario oh frenn believe me most of the people here in the forum already fell after winning and turn into a loss hahah. the greed is really there frennn in our body just waiting to be activated haha. But seriously tho sometime even myself can't control it greed is very delicious, there is a point that I win and then I bet more and win again and when I hit the final round I just lost all of it because I think its gonna be win again but in reality that is not gonna happen because gamble chance is still 50.50 hah

The advice is we need to make sure our greed take control of our body just by withdraw after win big haha

It is good that a gambler should be contented with his wins or better still if he is not contented with the amount he has won, he should withdraw some part and leave little amount to continue gambling with so that if he losses that he might rethink of stopping the game and walk away with his wins. I know that it is hard because there is this instinct that will always tell you that you will win again because you have being winning when you started. I was lucky to win a decent amount of money but I became greedy and use all my wins to bet in one game, and that was the end of my happy moment because I lost it all in just one game.

[I_Anime]

I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.

This happened to many times when I already have huge profit such as x2 to x5 of my bankroll. I usually hangout out for more gambling but place only small bet on slot games. This small bet turns into increasing bet when losing badly u til I already buying bonus that keep losing too until I bust all my bankroll.

Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.

most gamblers can  literally relate because greed is one of the common thing  most gamblers usually face. because greed can come in, in two ways in gambling either when one is winning or losing . For instance, base on your point most gamblers normally have this urge to continue gambling without being satisfied  with their win ,  and most time they usually endup with losses .

While most people, have the greedy habit to always chase after their losses and most time they will endup making things worse , bringing in  more losses in the process

[knowngunman]

Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.

Is this actually a strategy to overcome this? I doubt it. I have seen several times where gamblers rush to withdraw their winning in the first minutes and then /make a deposit in the next minute. When it comes to losing huge win to gambling, it is attributed to gambler inability to control his habit and allow emotion to control them. For gambler who can manage and control emotions are not easily tempted with the money in their balance. Although, leaving the money in your wallet would easily tempt one to gamble but having emotional control would discipline one regardless of whether they leave money in wallet or withdraw it.

[Kavelj22]

Some time ago I tried to play and set aside a certain part of the winnings; I even created an Excel table for this purpose and wrote there when and how much I won, as well as how much I set aside from winning bets, including express bets and slot games. 
And you know, I got tired of this, especially when I was recording large profits from the slots. It's tedious and takes you away from the game. But I want to play and not think about it.

I think it is good that you have thought about managing your financial activity in relation to gambling regardless of whether you lose a lot or win a lot. This shows your maturity as a user and your intentions not to make unconsidered mistakes. At the same time, I understand that you quickly get bored of recording all the betting results, especially when you want to focus only on playing. I am sure that this boredom is temporary and that you will be proud of yourself at the time when you will need to review your financial priorities and whether your gambling activity has had any effect. Personally, I advise you to continue this wise behavior that unfortunately most players lack and who, due to their excessive immersion in gambling, are ignorant of the size of their winnings/losses and therefore do not know when to start and when to stop.

To be honest, doing this on a regular basis is not easy at all and I doubt there are many people who do it regardless of the size of their gambling budget.

[coolcoinz]

Huge win that turned into a loss scenario oh frenn believe me most of the people here in the forum already fell after winning and turn into a loss hahah. the greed is really there frennn in our body just waiting to be activated haha. But seriously tho sometime even myself can't control it greed is very delicious, there is a point that I win and then I bet more and win again and when I hit the final round I just lost all of it because I think its gonna be win again but in reality that is not gonna happen because gamble chance is still 50.50 hah

The advice is we need to make sure our greed take control of our body just by withdraw after win big haha

That's simple math and statistics. If you play long enough the house edge alone will make you lose. The deal is to win in a certain number of moves, like you do in chess.

The only way to attempt this is to go relatively all in from the start but it's in our nature to start slow. We all think that if we play low stakes we'll be in control of the game, but all we're doing is prolonging the inevitable.

[Dewi Aries]

Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.

Is this actually a strategy to overcome this? I doubt it. I have seen several times where gamblers rush to withdraw their winning in the first minutes and then /make a deposit in the next minute. When it comes to losing huge win to gambling, it is attributed to gambler inability to control his habit and allow emotion to control them. For gambler who can manage and control emotions are not easily tempted with the money in their balance. Although, leaving the money in your wallet would easily tempt one to gamble but having emotional control would discipline one regardless of whether they leave money in wallet or withdraw it.

Yes I believe that is a good strategy or step that leads to a prevention by preferring to make a withdrawal as early as possible before greed haunts your mind, I understand that it is not an idea that can really keep you from gambling again at that time, because of course as you said there is a possibility that they will eventually make a deposit, but anyway I would still think that the idea of ​​cashing out early is always a good thing to do.

Although I understand that it does not mean that after that they will not make another deposit but it will always be a recommended action, but of course I also quite agree with your opinion that it all depends on whether they can control themselves or not, or whether they can resist the temptation or not, because if not then yes of course even though they have cashed out the winnings early on it is possible for them to make another deposit, meaning the first thing that must be correct is that they must have good self-control along with having a correct understanding of how the chances are in gambling, especially understanding that even if for example they continue the gambling session at that time by making another deposit, it does not mean that they will win again.

[hedgeh0g]

Huge win that turned into a loss scenario oh frenn believe me most of the people here in the forum already fell after winning and turn into a loss hahah. the greed is really there frennn in our body just waiting to be activated haha. But seriously tho sometime even myself can't control it greed is very delicious, there is a point that I win and then I bet more and win again and when I hit the final round I just lost all of it because I think its gonna be win again but in reality that is not gonna happen because gamble chance is still 50.50 hah

The advice is we need to make sure our greed take control of our body just by withdraw after win big haha

It is good that a gambler should be contented with his wins or better still if he is not contented with the amount he has won, he should withdraw some part and leave little amount to continue gambling with so that if he losses that he might rethink of stopping the game and walk away with his wins. I know that it is hard because there is this instinct that will always tell you that you will win again because you have being winning when you started. I was lucky to win a decent amount of money but I became greedy and use all my wins to bet in one game, and that was the end of my happy moment because I lost it all in just one game.

I hear such stories very often, to be honest I think it is a common story for the average player. Many players have had such an experience, including me. The thing is that you can increase your deposit by winning and when to stop, at what exact moment no one knows. It is as if we are moving forward in the fog, but at some point we cannot put our foot on the support and fall off the cliff, losing the entire deposit on the loss.

In general, gambling usually punishes the greedy. There is even such an expression in the places where I live - greed breeds poverty. And over all the years that I have been playing, I am only becoming more and more convinced of the truth of this expression.

[bangjoe]

Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.

Is this actually a strategy to overcome this? I doubt it. I have seen several times where gamblers rush to withdraw their winning in the first minutes and then /make a deposit in the next minute. When it comes to losing huge win to gambling, it is attributed to gambler inability to control his habit and allow emotion to control them. For gambler who can manage and control emotions are not easily tempted with the money in their balance. Although, leaving the money in your wallet would easily tempt one to gamble but having emotional control would discipline one regardless of whether they leave money in wallet or withdraw it.

People who withdraw early and feel enough with what has been won is also a self-control, he recognizes his nature that will be easily tempted in gambling and therefore OP makes a withdrawal to secure his winnings.
If you talk about self-control, everyone can control themselves, and depending on how you recognize yourself, there you will find a way for you not to do things that you shouldn't do.

OP made the right move, because previously experienced such a mistake that made him regret it, so you don't need to think that OP took the wrong action or was in a hurry, that's how he controlled himself.

[vs2014]

Greed is the main reason behind the feeling of winning in gambling because when you win from gambling, you will bet again because of greed. There are very few people who do not bet again after winning gambling. Last week i was in profit of 2% of the total capital when i made the original withdrawal. But when i bet again with the profit money i lost. I was very well planned so didn't lose much that day. There are many people who lose twice as much when taking a loss. Also there may be low luck games where you can win repeatedly.

[Pandorak]

[...] This happened to many times when I already have huge profit such as x2 to x5 of my bankroll. I usually hangout out for more gambling but place only small bet on slot games. This small bet turns into increasing bet when losing badly u til I already buying bonus that keep losing too until I bust all my bankroll. [...]

That's the need for basic knowledge about gambling & casinos, have you ever heard "the house never loses" or "the house always wins"?

No matter how much we win our bets, or how much we have multiplied our bankroll, we will definitely come back again. So, don't use betting as a way to make a living, especially if you deposit money that you are not willing to lose. I usually implement the habit of stopping after x2 of bets (live casino or slots), when it comes to sports betting i usually only bet on important matches.

[HONDACD125]

Greed is the main reason behind the feeling of winning in gambling because when you win from gambling, you will bet again because of greed. There are very few people who do not bet again after winning gambling. Last week i was in profit of 2% of the total capital when i made the original withdrawal. But when i bet again with the profit money i lost. I was very well planned so didn't lose much that day. There are many people who lose twice as much when taking a loss. Also there may be low luck games where you can win repeatedly.

Greed is unavoidable for some people, but that isn't the case for everyone. I know that as a human, we all have that feeling in us. It comes out in certain situations, mostly in gambling, and when that happens, some of us manage to control the feeling and don't do what the feeling wants to make us do. Still, some of us aren't able to do that and they give up in front of this feeling and they end up being on the negative side.

It's important for people to learn from their mistakes and don't repeat the same mistakes, but in gambling, most people don't do that. They become greedy, lose once, and think they won't do it again, but they do it again after a few days when become greedy.

So it's very important for us to be able to control our feelings and emotions and don't let them override the emotions that are important for us to stay on the positive side.

[Rockstarguy]

I've been in this situation countless times, you can be on a winning streak for days and one day you can lose everything within the twinkle of an eye.. one common mistake that gamblers make after making a lot of Profit is chasing their losses especially when they lost just an insignificant amount of money, chasing that little amount can make you lose everything you Ve won .. always withdraw your profit and try as much as possible not to engage in revenge betting..learn to know when to stop, discipline is very important.

Gambling is just understanding,  the lack of understanding in gambling can just make one to lose very easily.  Just like some gamblers that have won instead of them to go with what they have won they keep on playing believing that they will still be lucky to win more games   and maybe a little lose occur in stead of going with what is left they will be carried away to chase the lose and finally lose everything.  

The best way to always win in gambling is to be satisfied with what what you win, trying get more can lead to lose and be left with nothing. Greed  has always been the reason why gamblers lose their bet by trying to recover what they have lose .

[GxSTxV]

Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.

I think withdrawal is the best option in this case as well. Most of gamblers fall into greediness because of the sweetness of winning and the longer we keep risking the harder we get satisfied, we may think that we can win more but losses are inevitable in gambling and it is a general fact. So the best way to avoid that is withdrawing your wins before losing them in stupid impulsive bets, then living in that circle or depositing and losing everything.

In my opinion, in order to gamble right you need to learn how to manage your money as well as managing your own actions and controlling your feelings and desires. Knowing that gambling might cause you to be broke will forbid you to do impulsive actions.

[LUCKMCFLY]

The best solution for me is to secure and withdraw the profits every time you win. No need to set a target on the amount of withdrawal, but as long as you make some gains, that's for you to keep and withdraw it so you can't gamble more, and leave some small funds that will serve as your capital the next time you decide to gamble.

For me that is the only thing that matters to me when playing, there is no other way, I personally respect a lot the decisions of other people when they are in a situation, they will see if they play and win leaving the money there, but for me it is important that it can be withdrawn because it is the way to bear our money, our effort, also from my own experience of sometimes leaving the money in the casino without withdrawing, well I have lost it all, because it is a temptation, let's say that we have money and we start to play and little by little we spend it all.