Huge win that turn into loss scenario

[Viscore]

That’s the trick. When you are addicted to gambling, you’ll lose eventually because even if you win lots of money, you will always come back to win more but then you’ll lose what you won earlier and then some more. It is because the games are designed that way. Mathematically you are bound to lose in the long run. That’s how the casinos survive. That’s why casinos rarely go bankrupt unless someone cheats or an insider steals from the owner. The house has the biggest advantage over the players. They have the math on their side.

Any gambler that understands that casinos have unfair advantages over them they will learn how to gamble responsibly. As a regular gambler if you calculate your wins and loses over a long period of time you'll realize that loses are always greater than wins. Meaning that the chances of losing your money is greater than wins therefore you must have an exit plan when you win to atleast enjoy it. It's very rare to hear of someone that wins and uses it to continue gambling without losing the money so it's very important to take wins. I personally have a budget for gambling and I only gamble with the amount, whether I win or lose I'll exit when I've exhausted the budget.

You've already considered that if you compute your long-term performance, you won't end up being profitable. That's why we call gambling entertainment, especially for games based on luck. It's a way to remind ourselves not to chase it as a method of making money since it usually leads to losses. This goes beyond just gambling what we can afford. If we lose, we should move on and forget, but if we win, we enjoy the moment to feel the excitement of winning because eventually, we'll come back to play again, and next time we might lose. No gambler wins all the time or even most of the time. In the bigger picture, we're usually on the losing side, so it's important to understand that before it's too late.

[passwordnow]

There are many gamblers that always does this. They don't secure profits when they have started with small amounts from their bankroll and whenever they've turned it into something that's quite big, they won't still withdraw their profits to enjoy it. That's the mistake that many gamblers repetitively does. They will only recognize the mistake when they have gone everything and it happened for so many times. As for myself, whenever I take profits, I'm always happy about it whether it's small or quite big, what matters is I am able to enjoy the profits that I am having.

These huge wins need not to be ignored but to apply your decision making on how much you should take and how much you're going to keep. Because if keeping it within your casino account for quite a while, you are definitely aware that you're not going to take it back anymore and you're about to lose it. That's why it's going to be a problem if you don't even know how to take your profit and to satisfy yourself.

[sompitonov]

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.

I have mentioned many times that there is a very fine line in gambling, starting from wagering and ending with the fact that we simply have nothing to do and want to occupy our time with something. Many players do not feel it and are too self-confident, although one should be more doubtful and always expect that a losing streak may occur. In addition, if we manage to win as well as you x2 or x5 from our deposit, then the chances of winning even more become much smaller, because a streak of victories is a very rare event, and personally, life and the game have taught me to take a little, it is better than to be left with nothing at all. Of course, others will laugh and will not want to take less than x10, but then they should be prepared for the fact that for them this will be a very rare event and may not even happen at all, they simply increase the risk.

[Tmoonz]

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.

Is quite funny as this behavior of Lossing it all or almost all of what we have won Is a general situation that every gambler is facing, striving so hard to over come this can be very good, the truth is that winning comes with lots of excitement which at some point leads to over confident of even betting more and we end up losing in most cases, some time ago I was betting in sports betting vitual Play to be precise, I won for over five times in a straight there after I used to the whole money I won and bet a time and that was how I lost all that money I tat have won, immediately I stop for that day and I went home, it was a learn to me I will never make such mistakes a gain.

[Hatchy]

It's actually an act of control, usually when I make a target for the day in my gambling activities, and it's huge I just take my profits and exit the casino immediately. That because I might be tempted to want to play again and eventually might loss it. Not all days are good and not bad either. You might just be lucky enough to hit a steady wins, and that idea of today may be the lucky day would just push in your head. Immediately you see yourself playing unlike you planned. For me I just take my profits and let go of the rest.. I can leave a little just incase I wish to play another time so I don't have to deposit. But I make sure I move most of the profits out.

[laijsica]

That’s the trick. When you are addicted to gambling, you’ll lose eventually because even if you win lots of money, you will always come back to win more but then you’ll lose what you won earlier and then some more. It is because the games are designed that way. Mathematically you are bound to lose in the long run. That’s how the casinos survive. That’s why casinos rarely go bankrupt unless someone cheats or an insider steals from the owner. The house has the biggest advantage over the players. They have the math on their side.

Any gambler that understands that casinos have unfair advantages over them they will learn how to gamble responsibly. As a regular gambler if you calculate your wins and loses over a long period of time you'll realize that loses are always greater than wins. Meaning that the chances of losing your money is greater than wins therefore you must have an exit plan when you win to atleast enjoy it. It's very rare to hear of someone that wins and uses it to continue gambling without losing the money so it's very important to take wins. I personally have a budget for gambling and I only gamble with the amount, whether I win or lose I'll exit when I've exhausted the budget.

You've already considered that if you compute your long-term performance, you won't end up being profitable. That's why we call gambling entertainment, especially for games based on luck. It's a way to remind ourselves not to chase it as a method of making money since it usually leads to losses. This goes beyond just gambling what we can afford. If we lose, we should move on and forget, but if we win, we enjoy the moment to feel the excitement of winning because eventually, we'll come back to play again, and next time we might lose. No gambler wins all the time or even most of the time. In the bigger picture, we're usually on the losing side, so it's important to understand that before it's too late.

Gamblers are often more motivated and come back to gambling because of the feeling of winning. Over time, blaming luck and the tendency to lose can lead to over-emotional functioning and a return to gambling from that feeling. Any trend that works to get back into gambling must be for entertainment because gambling to make money is very harmful for everyone who has to face problems at every stage. Luck must be considered as the main catalyst for winning because many experienced people also lose and for them no systematic change can make any difference in gambling.

[bettercrypto]

Even if I have small win, I withdraw it immediately. I do not let the money to stay in my gambling account.

But if I do not withdraw it and leave it on my gambling account and later I gamble and lose it. There is nothing there because it is just a small amount of money. But if I win huge amount, I do not think twice before I withdraw and I will call the day a luck day for me.

If I win and I do not withdraw, then what is the point of me gambling? I do not gamble for money but if I win I will withdraw almost all the money.

We're the same; if I win $30,, I immediately take out $50, and I'm okay with that amount. Then what I'll do is I'll come back another time when I have extra money again; that's all I'm saying. It's important that the money I gamble is limited.

I don't want to be like others who won a large amount of money but ended up being a character in the end because their greed existed so they didn't lose in the end.

[mirakal]

That’s the trick. When you are addicted to gambling, you’ll lose eventually because even if you win lots of money, you will always come back to win more but then you’ll lose what you won earlier and then some more. It is because the games are designed that way. Mathematically you are bound to lose in the long run. That’s how the casinos survive. That’s why casinos rarely go bankrupt unless someone cheats or an insider steals from the owner. The house has the biggest advantage over the players. They have the math on their side.

Any gambler that understands that casinos have unfair advantages over them they will learn how to gamble responsibly. As a regular gambler if you calculate your wins and loses over a long period of time you'll realize that loses are always greater than wins. Meaning that the chances of losing your money is greater than wins therefore you must have an exit plan when you win to atleast enjoy it. It's very rare to hear of someone that wins and uses it to continue gambling without losing the money so it's very important to take wins. I personally have a budget for gambling and I only gamble with the amount, whether I win or lose I'll exit when I've exhausted the budget.

Unfortunately, it’s not easy to be a responsible gambler when you are greedy to make more money. Because even if you know that you should leave the casino immediately once you have made a huge win, but your greed tells you to gamble more so that you’ll end up making a lot more money. That’s exactly the reason why most gamblers end up losing their profits and leave the casino with empty pockets, simply because their goal to make more money is always greater than just gambling simply for entertainment.

[danherbias07]

Even if I have small win, I withdraw it immediately. I do not let the money to stay in my gambling account.

But if I do not withdraw it and leave it on my gambling account and later I gamble and lose it. There is nothing there because it is just a small amount of money. But if I win huge amount, I do not think twice before I withdraw and I will call the day a luck day for me.

If I win and I do not withdraw, then what is the point of me gambling? I do not gamble for money but if I win I will withdraw almost all the money.

We're the same; if I win $30,, I immediately take out $50, and I'm okay with that amount. Then what I'll do is I'll come back another time when I have extra money again; that's all I'm saying. It's important that the money I gamble is limited.

I don't want to be like others who won a large amount of money but ended up being a character in the end because their greed existed so they didn't lose in the end.

That's one key to making a disciplined gambler. Gamble limited money only. That way you won't be urged to keep on betting when nothing is left in your wallet and it will probably let you stop for a minute to think things through.
I do the same and I only deposit near the minimum amount. I don't have to be arrogant and tell myself that I have the money so why not deposit more, that's a recipe for chaos.
I like it that way because I have resting time once the money that I deposited is gone. Plus, I don't really bet too much and I am always targeting the wagering amount so that I could create a higher bonus amount when the time for bonus comes either weekly or monthly.