Huge win that turn into loss scenario

[Wapfika]

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.

[Oshosondy]

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.

[mindrust]

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.

[Solosanz]

There was a thread that discuss exactly same like this, where the @OP ask what you will do if your bankroll went from $100 to $10 or $100 to $500. Since we're talking about in profit, the wise choices withdraw the profit which is $400 and then you gamble continue to gamble using your initial bankroll.

Even you loss your bankroll, but you're still earn $300.

[coin-investor]

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.

Glad you did, for a gambler to continue to enjoy playing in casinos he should know his limitations, we all have this experience but we have to go through this to learn, and experience is the best teacher in gambling.

You have to reach your lows to realize your mistake, and for you to overcome this weakness.
There's nothing like enjoying your winnings other than blaming yourself for being too greedy, even if your winning is small you have to appreciate it and you can do that by withdrawing it.

[bitterguy28]

if you got lucky i say take out most of your profit already to ensure that you will not walk away from the experience penniless but i said only most of it because if you want to try and push your luck then you can do so but don’t lose all your money in trying to do so

i would go and play again and if i lose once then that is when i know i should stop but if i win again then i would be thankful to the gambling gods or whatever and continue this kind of system

[AVE5]

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.

If you're a bettor who gambles on the crypto casino if may be hard for you to Opt out of being tempted to bet further otherwise, the best to secure your profits after winning or even when you want to prevent more lost is to logout of the gambling sites and don't just gamble within that period of time otherwise you'd gamble with an anxiety of either lost of winning which doesn't feel good because you may aftermath bet off out of control.

[Accardo]

Lifestyle creep is a culprit, they say. Gamblers feel this unnecessary need for rapid betting when their bankroll is on the increase. It's natural, but can be controlled through setting a budget, having a long term plan, and harnessing a strong will power to delay gravity. But we have to walk before we run. Perfectly managing lifestyle inflation isn't a habit to develop instantly.

A depressed frustrated gambler who wagered his house and lost it, also complained on Quora that he wins when staking lesser amount and losses the moment he wagers huge amount. Players have in them the ability to limit or stop walking right into a greedy lifestyle. It's tempting to avoid, but many gamblers max out their crypto or credit cards chasing losses. When this happen they'll go to money lenders. Or sell out all their properties and belongings. Withdrawal hardly resolves this permanently. The player's mind has to be positively renewed and actively directed towards a responsible superlative lifestyle.

[Findingnemo]

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.

This isn't rocket science but more of a conservative strategy who are more keen on not to lose money in the name of gambling so whenever you make some money then withdraw your deposit and everything that's left can be used with more freedom cause you are not going to lose anything from your pocket even if you bust the remaining bankroll.

Everyone can practice it and as OP said he learnt this in a hard way but for newbies just be smart and learn from others mistakes.

[Marvelockg]

It's the trick you have to overcome as a gambler. If you've
never had this experience where after every big win the tendency of playing more kicks in too bad it's probably because you've not been long in gambling.

It happens subconsciously and this is the point where you will have to differentiate between an addicted gambler and another that's still strong enough to manage his emotions. Setting strict rules you're going to follow in different circumstances including what amount you're going to gamble with after every win will help you come out of that situation. It could be as simple as saying that you aren't gambling above 50% of the amount in your gambling account every day and even after you've won and the amount in your account has increased, you will have to be disciplined enough never to fall into the trap of continuous gambling at that spot so you won't gamble out all you've won on that day.

[Frankolala]

It is only the money that you withdraw from your casino account that is yours and whatever amount that is in your gambling account is not yours yet until withdrawal. What I do when I have win is to withdraw immediately without wasting time. It is only my gamble budget that I leave in my account because the casino can have that since it is an amount thy I can afford to lose.

If you leave money in your Gambling account you will be tempted to gamble and if you don't have self control you might blow it up at a sit.

[crwth]

I thought you were trying to tell your story in a way that you are having a hard time with that. I think it’s not always going to be successful to withdraw immediately if you continue to gamble. It’s like one time you got it and have withdrawn it, but if you continue to gamble It is just going to continue to be on the red Unless you are really lucky.

Most of the time if you check out the profile statistics that you have, you should know that if you are in the profit or not in overall results so I think this would be valid if you are in the green and not the red.

[Yatsan]

Nothing's new and is evident with greedy players. What's unfortunate is the idea that this scenario becomes a normal thing to see in gambling industry. We all know our chances of winning and that should be an enoigh warning to secure our profit whenever we have chances to do so. However, that'e probably just how we would be reacting on things if we allow ourselves to be taken over by our emotions. Many of us have been in such situation and we should all be learning from this. Keep in mind that no matter how much we desire of winning big, nothing's guaranteed. Pushing more is like returning the money after years of waiting for your luck to kick in. Taking the money and betting with all might the next day is the same thing. The only way to secure profit is to maintain a low betting habit despite of a big win.

[HONDACD125]

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.

Yeah, I'm sure every gambler can relate, I think it's more difficult for a gambler to stop gambling when they are winning than for them to stop when they are losing because when you are losing, you keep losing hope and you may stop at one point and that's better, but if you are winning, your confidence starts touching the sky and you feel like you can win way more than how much you have won so far, so you keep going and during that process, you don't stop when you start losing because you are confident that you will win the money back.

Even though converting the money to fiat isn't necessary unless you need funds, one should immediately withdraw their profits along with the deposited funds as soon as they see they are losing now because if you don't stop there, you will keep losing until you lose all the money, including your initial winnings.

[topbitcoin]

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 think it doesn't happen only to you, everyone has mistakes like this in his gambling career, I am also the same, always get greed when starting with using small capital when playing slots, but can grow up to a hundred times, and that makes me feel confident to increase even more, ambisa thrashing hoping to change the situation very quickly but instead make everything messy, and lose everything that has been obtained.

Yes, it's better to withdraw the winnings first before continuing the game so that we remain in a state of profit even if the remaining balance to be played gets a loss in session two after making a withdrawal, it's a pretty effective way to realize that we need to take advantage and not just focus on the excitement of winning alone in gambling.

Maybe for the next day's gambling capital so that we have a bigger capital, or use it as extra money to have fun in the real world with family.

[Su-asa]

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.

As one who likes gambling or already knows how to gamble farely, it won't be as easy as we think for the person to stop. No matter the amount of money a gambler wins if it's not yet time for the person to quite gamble the gambler will still continue gambling. However, huge winning makes it more easier for a gambler to keep in gambling, one can not stop immediately after winning huge money but one can be forced to quite gamble when he is losing because it might be that the amount he or she has been losing is bigger than what he expected.

[mammusu]

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.

Many people experience things like this and I am also one of those people who miss a win that turns into a defeat. However, there are many lessons that can be learned from there, and now we can be better at not being greedy when we win big and immediately withdrawing the winnings. Sometimes we think that when we have doubled it we can fold it even bigger, that is the urge that makes us not stop playing to immediately withdraw our winnings.

Experiences like this are valuable lessons for us to be able to further suppress our ambitions and our wild thoughts about winning. We must be able to get rid of feelings like that, not only when we win, but also when we lose. Because sometimes we can also think that when we lose, if we play again, we will be able to turn that loss back into a win. This is what is called chasing losses and gambling with the aim of winning, once again this is wrong and should be avoided.

[Gaza13]

if you got lucky i say take out most of your profit already to ensure that you will not walk away from the experience penniless but i said only most of it because if you want to try and push your luck then you can do so but don’t lose all your money in trying to do so

i would go and play again and if i lose once then that is when i know i should stop but if i win again then i would be thankful to the gambling gods or whatever and continue this kind of system

Gamble responsibly and control yourself in the game. If you can control yourself, at least you can minimize losses that are much bigger than before. Yes, to play again, I don't think it's too much of a problem, but you have to remember that the capital must be much smaller than before. Try a few rounds, at least you will lose and you should end the gambling game.

[Hispo]

I  think anyone who has spend a minimum of time within the world of casinos and crypto gambling can relate to it, actually, specially those who are newbies within gambling with cryptocurrency and are yet to learn how to control their impulses and chase losses or are not sure on how to hold greed back.
The situation you have described has happened to me, once or twice and it was while I was playing the same game: dices. I recall clearly how I was having a good luck streak and actually managed to accumulate a decent win, around 10-15$ for that session alone. Since I was new at dices, I did not think about the consequences on continuing gambling further without a target before withdrawing and stared to slowly lose money to the casino, in the end I ended up having just a little bit over 2$ of profit (minus the 1$ withdrawal fee), so that was a lesson which I intend not to forget, neither on Bitcoin casinos nor Brick-and-mortar casinos.

[AliMan]

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.

That's actually good thing to convert it to fiat but you should take that decision into a strict part of yours, but we can't really finally say that gambling should be avoided. The reality is really harsh but we should always bare in our minds that we're exploited with so many ways and that's making it worst to people that couldn't control their habits. So we must be responsible enough to control ourselves in terms of betting gambling at all times even if we thought it won't affect our personal lives. It's hard to admit that we've become slave of it, realization is very important in order to manage gambling responsibility.