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Author Topic: Huge win that turn into loss scenario  (Read 644 times)
Josefjix
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July 11, 2024, 07:52:47 PM
 #41

This depends on the gambler who is gambling usually when you places bet and have winning what is next is to have your winning cashed out, because when you tried to place more bet with the winning pressure you wouldn't know when you are out of track where you keep betting and losing. It's always advisable to stay clear from casino/gambling site when there is huge win or any winning otherwise if continued losing is inevitable.
Gamblers made decisions everyday, they just hope they're doing the right thing in every point in time. Gamblers can be earning quite enormous profits but without withdrawal, what's the essence of everything? They need evidence to ensure they're grabbing significant profits at their ends while Loss can not be permanently eradicated, it's been designated into the system for the smooth driving of the finances revenue been actually generated.

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Davidvictorson
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July 11, 2024, 08:23:25 PM
 #42

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.
A story with a good ending. I suggest you edit it and add this part - "And I lived happily ever after." Yes because it is not all gambling stories that ends like this. In my estimation, this doesn't look like a weakness to me, it is has to do with the lack of experience and as you became more experienced in gambling and learning how to maximize your wins and reduce your losses, you came up with this strategy. It works for you and I can agree that it works for me too. I withdrawal small wins, big wins, medium wins none is left to try again another day except the capital which is the money that I can afford to lose.

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Issa56
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July 11, 2024, 08:28:21 PM
 #43

I have really lost so much money just because of greediness, and I am really trying to stop it. Sometimes I will be winning, and I will have the opportunity to cash out, but sometimes I will want to wait till the last match is played so that I will win my complete money. But seriously, sometimes things don't really go well, and I do end up losing everything, so if I am gambling now and I know that I have the opportunity to cash out some good amounts of money, I don't wait till all the matches are being played. But the most surprising part is that, whenever I decide to cash out, all my predictions are always correct in the bet, and I will have taken my profit already.

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.
When there is a winning streak, we should expect a losing streak also, so when we are gambling and winning, we shouldn’t be carried away. We should know when we are supposed to stop gambling. Some people will have won so much money, but they will find it difficult to stop gambling. They will then keep on gambling, hoping to increase the amount they have won, but gradually they will be losing it back.

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July 11, 2024, 08:28:36 PM
 #44

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.


Greed is human nature and everybody have it and i think it could became an common weaknesses for every gamblers in the world so if people too greedy seems they didn't know how to set their limit while gambling and it can lead them to lost all of their money because experience losing streak but indeed while gambling we should know our limit and stopped before ended to lost all of our money and if people are consistent can doing this i am sure they can more enjoy to their gambling activities but i used to still unable to control myself and overcome my weakness for gambling but gradually i have learn about that and act more wisely when gambling and never chasing huge profit from gambling because it can lead me to gets huge lost

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July 11, 2024, 08:30:07 PM
 #45

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 kind of ambition will remain because after all, gambling is very difficult to realize by logic because regardless of whether we win or lose in the end there is always a condition that makes us continue to want to gamble and even more ambitious than before.
When we have won, we always expect the profits to continue to grow to a greater victory again and it is always expected that the expectations do not go according to reality because we actually get another defeat after the victory. Likewise, when we experience defeat because in the end we will always try to continue gambling because of the ambition to return the lost capital.

This will continue to happen and it is not wrong if this will be said to be repeated, but we can minimize it because after all, when we have better control we can actually minimize so that situations like this are not felt in the gambling that we do.

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July 11, 2024, 08:37:49 PM
 #46

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

This is a very good approach to gambling unlike people that wants to meet up a targeted amount before they withdraw and they end up losing everything. Regardless of how little a winning is, if it's not withdrawn then the possibility of losing it again will be there so it's always advisable to withdraw every amount that's being won even if you will continue let it be after making withdrawals.

One of the things why a lot of gamblers don't consider withdrawing when they win bets is because some of them set out a winning target and untill they meet that target they will find it difficult to make withdrawals but to me setting out a winning target is not a good practice because always wanting to meet up with your stipulated winning amount might result to losing everything after a win due to continuous gambling. Another thing is greed, lack of contentment also lead to inability to make withdrawals after a win because they will still want to win more regardless of the amount they've won already so making withdrawals at every winning is the best way.

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July 11, 2024, 08:49:22 PM
 #47

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 is the right decision to take, I know that when people are having a great session the last thing they want is for the session to end, but at some point gamblers need to realize that their good luck cannot continue forever and the time to make a withdrawal has come, and if they fail to do this then when they lose everything they cannot really complain at all, as it is their fault they went from having a great time, to experiment a massive loss.
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July 11, 2024, 09:02:23 PM
 #48

~

I feel you, man.  Been in that spot before.  Its the absolute worst.  You are riding high, thinking you are the man, then - BAM! Just like that its gone and  trying to win it back is a bitch.  Ive definitely blown up more accounts than I want to say by doing that. 

Only thing that has helped me stop is taking the cash out quick.  Soon as I see some profit its outta there.  No chance to think about it or talk myself into keeping it in to try for more.  Sucks but it is what it is.  Rather take a little profit than give it all back chasing a loss.

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July 11, 2024, 09:08:07 PM
 #49

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 what actually happened to you is basically greed 101 and this is always the end result when you lack control or the need to be satisfied with the winning you have already gotten when you are playing on a casino. I have also experience this lots of time and the recent was when I was playing at playgram telegram casino, a really good casino at that too but I just flipped out when I tried winning to actually balance my bankroll to a whole digit of 50$ and thats when the loses started.
That mistake is common among gamblers, especially those who have lost a lot yesterday, when they got 3 times up and then thought they hadn't made a profit because they lost enough yesterday so they thought today would be a turnaround, in fact they lost again and again.

Emotions really have to be controlled very well to get the sanity that can realize us to withdraw the profits we have from the gambling that is done, no matter where we play everything is the same, stop and withdraw money when you get a profit is something that is rarely done by gamblers, even up to the target profit that is done even though they are very greedy and want to win more and more.

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July 11, 2024, 09:13:45 PM
 #50

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.


It's wise to secure gains by withdrawing immediately and converting to fiat through P2P exchange. By doing this, I'm able to secure my gains without squandering them in a bid for more victories. It's a tactic aimed at curbing greed, an assurance that the windfall isn't frittered away in further gambling escapades.

Another factor which is important in overcoming the situation is setting boundaries and self-discipline. For instance, I now decide on how much I can bet and when to stop playing, regardless of the outcome. This prevents me from making impulsive decisions that lead to significant losses later on.

To enhance my gambling skills, I acknowledged the mistakes that I was making and vowed never to repeat them in future. Also, I am shifting my focus from just making money while playing games; I am trying to see the fun part of it so that gambling becomes not addictive and does not lead to substantial financial losses.

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July 11, 2024, 09:14:03 PM
 #51

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.
Greed while gambling haven’t been much of an issue to me. I have found means to have some edge over it although, it’s turned up a couple of times but, that’s mainly far from greed though.

I find myself to over gamble after losing a huge some in a game that I was almost certain would come out for a win bet. Let’s say a game between Manchester City x Nottingham Forest. Sure odds in this sort of fixture would be around 1.25 x 5.12 respectively. I could even go all in on this fixture but, like we all know, it isn’t always the elite teams that wins the day. Maybe Nottingham Forest could get a draw from this match or a win even and the bet is lost.

Losses like this tends to trigger my greed. It pushes me to go get my money back and the odd I would be looking for is 2 odds or 1.50 odds at the very least. Using same amount just to catch up. Next thing you know, your in for some more gambling.
Sometimes, it pays off and other times it just doesn’t and you’ve got to understand it’s the risk you take.

Other times, I just win and withdrawal 90% of the win. Leaving behind just enough money to gamble again. Perhaps if I feel the need, I top up the funds.

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July 11, 2024, 09:15:22 PM
 #52

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 been in this situation many times and I have manage to remove greediness from my gambling lifestyle. Sometimes, it's not our bad predictions that make us to lose money but because we keep wanting more even when we have already made enough. I once play game with 6 winning only for me to lose everything in a single bet and it took me about 9 days to get that amount, I stake everything in just one single game that was too simple to lose yet I lost that one, if I have withdraw the money, that wouldn't have happened.

It's a good strategy for converting your wins to fiat, that will discourage you from buying crypto again. I also practise this. I hardly buy crypto to gamble, I used some from my signature or left over on the exchanges and anyone that is already converted to fiat will remain as fiat because it's more dangerous to buy crypto right now in my place. Selling is always more safe and that's what I do for now which is helping me to mitigate this losses.

.
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July 11, 2024, 09:23:52 PM
 #53

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.

Not only a few people, those who experience this & what's worse is that it becomes a habit, are the majority of gamblers themselves (including me). I once even made a $100 deposit which then ended up with a maxwin at Gates of Olympus on a $20 feature buy, that was 10x my bankroll, but what happened after? I continued my game and ended up running out of bankroll. Out of curiosity, I made a $200 deposit and then it was all gone.

R


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July 11, 2024, 09:36:54 PM
 #54

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.


You ended up in such situations due to your strategy. I don’t know if other gamblers also have the same strategy as I do because I don’t think I will win and continue playing to get more wins. That is one of my laws: if I win a game or gamble, I will just go and come back the next day to play again because if you don’t plan yourself that way, you will still continue playing until you lose everything, and this act can lead you to addiction. because you will want to bring back all the money that you have put in from the win and like to have more profit, so that will make you lose.
 
Although some might try it and still win, it depends on your luck, but when you have your own gambling strategy, it will not make you addicted to gambling because you are trying to avoid anything that will cause addiction. 

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July 11, 2024, 09:43:38 PM
 #55

~
Eyyy, when that happens I usually feel like I suddenly got the hands of midas or something. Personally have experienced this a couple of times but I've never really tried to actively avoid it or anything, I embraced to continue playing even if I lose everything since it's money I was willing to lose anyway, so I never really saw it as a "weakness". I guess if you're playing to boost your money then yeah it is, but I'd say in general it's okay to lose it all. Lose streaks, win streaks, we all experience it all the same at some point anyway.

Well in cases of lose streaks I just usually stop maybe say after 4-5 losses, call it a day and spend the rest the next day instead.

R


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July 11, 2024, 09:44:28 PM
 #56

This depends on the gambler who is gambling usually when you places bet and have winning what is next is to have your winning cashed out, because when you tried to place more bet with the winning pressure you wouldn't know when you are out of track where you keep betting and losing.
There's no assurance that for everytime you wager a ticket, it'll be a win.....so what pressure are you talking about? 
Do you know that when you have a winning and you didn't cash out at that moment maybe you see yourself as someone who is good in his prediction do you know that at that point if you go ahead to predict more games to bet you would definitely lose it because at that point your emotions is not stable and you can't reason very correctly because of the previous winning. You would get to know what you are doing when you exit the gambling site and stay far from your funds not to be tempted that easily.

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livingfree
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July 11, 2024, 09:47:23 PM
 #57

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 why when you have won already, get your part on that money because you will eventually going to lose it and will not think of securing yourself first the profit or the bankroll that you have.

We're sure that most of the gamblers have experienced this before and many will continue to do the same mistake for being confident of being lucky.

And if you're able to overcome that weakness, I am happy for you and hopefully that you'll be able to consistently overcome it time and time again because no matter how you're able to overcome it this time. It's possible that you will give that to yourself of committing the same mistake in the future.

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July 11, 2024, 09:50:10 PM
Last edit: July 11, 2024, 10:03:00 PM by Saint-loup
 #58

Well, you can never know when you'll undergo a losing streak but usually when you get a big winning, you tend to bet big stakes without caring about managing your bankroll. And it can lead to losing all your bankroll. So it's better to stop gambling or to whitdraw your winnings right after to avoid betting big risky amounts.

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Doan9269
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July 11, 2024, 09:56:12 PM
 #59

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.

If we make win and does not take precautions on what to do and not, we may result at loosing the money won before realizing, gambling could be addictive by nature because we mostly like to enjoy doing it to have pleasurable moments, but we must be careful not to end up loosing the entire money we have into gambling if we didn't apply being discipline when gambling is taking place, this same experience has happened to many gamblers whereby they ended loosing their money won due to gambling addiction when they least expect such could happened.

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July 11, 2024, 10:01:20 PM
 #60

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.
Good for you that you are cashing out your profits before falling for the temptation of risking everything in further bets and eventually losing it as consequence. It's never good to be a greedy gambler who is always avid for more profit, because money for him is never enough. This wrong kind of mindset only turns the individual into a loser, who will never be able to grow his funds consistently, because what is realistical and feasible isn't interesting for him, as he only looks for huge gains (which in most cases are heavily risky, or blatantly scam schemes).

Enjoy the fact you are still making profit from your gambling session and put this money into good use through investments, so it can generate further gains for you futurely yet. Then, you can use part of the profit generated to fund another gambling sessions. This way, you will have a continuous and sustainable source of income to gamble, always gambling with money you can afford to lose.

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