Huge win that turn into loss scenario

[KTChampions]

In my opinion, when we win, it makes us more confident to be able to get more than we already got, apart from that, when we win, the temptation to continue betting will be there, especially with the initial thought being to seek profit, there will be thoughts that at that time they were lucky so they continued gambling with the winnings they had obtained, but however the risk of losing would not disappear so the casino could make the winnings they got disappear again and not one or two incidents like this have happened in my opinion. This incident happened again because they made the wrong decision.

winning is actually not difficult, it's just our own thoughts and desires that complicate everything. If we gamble and manage to get a win and then withdraw it without thinking, then everything is not complicated. However, when many gamblers win, they complicate things by following their desire for more, but that only makes them experience problems which sometimes makes them even more disappointed.

Maybe someone becomes more confident after winning, but it seems to me that many people, on the contrary, lose faith in luck when they already have something to risk. No wonder such a function as cashout (which is actually very unfair and close to robbery haha) is in great demand.
I understand perfectly well those who continue to play after winnings and raise bets - I do this myself  When you want to win a serious amount, it is obvious that you should not stop at small ones. From the outside it looks irrational, but in fact such behavior is justified.

[Sandra_hakeem]

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. 

At that point, you'll be like ..."c'mon bro, did that just happen to me?? Damn! There's no better way to figure that out. Do you know when the best time is to get away from hurting like this? If at all anything pushes you into wagering 1,3 or 5 tickets in one round afterwards, and you eventually lose everything, now that's the best time to run away! Don't hesitate. I repeat, DON'T HESITATE!

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.

you're really lucky to have been able to learn and tuck yourself away whenever you want to... That simple but outrageous mistake has been running so many gamblers bankrupt.

[alani123]

Generally when you hit a huge win it's a good idea to take a break from gambling as soon as you hit it.

Many people would consider that it's their lucky day and keep gambling but really, we have to think realistically. What are the chances of hitting it big twice in a row. Hitting it big might be a once in a lifetime experience for a few people to go around... So don't overestimate your luck.

I'd say the best practice would be to take a long break. Consider what you want to do with this money. Put all the possibilities down and only then consider gambling with the winnings again. I think the most sensible thing to do here would be to just consider withdrawing the vast majority of the winnings to spend IRL. if you want to keep gambling at least do it with a small portion.

[junder]

In my opinion, when we win, it makes us more confident to be able to get more than we already got, apart from that, when we win, the temptation to continue betting will be there, especially with the initial thought being to seek profit, there will be thoughts that at that time they were lucky so they continued gambling with the winnings they had obtained, but however the risk of losing would not disappear so the casino could make the winnings they got disappear again and not one or two incidents like this have happened in my opinion. This incident happened again because they made the wrong decision.

winning is actually not difficult, it's just our own thoughts and desires that complicate everything. If we gamble and manage to get a win and then withdraw it without thinking, then everything is not complicated. However, when many gamblers win, they complicate things by following their desire for more, but that only makes them experience problems which sometimes makes them even more disappointed.

Maybe someone becomes more confident after winning, but it seems to me that many people, on the contrary, lose faith in luck when they already have something to risk. No wonder such a function as cashout (which is actually very unfair and close to robbery haha) is in great demand.
I understand perfectly well those who continue to play after winnings and raise bets - I do this myself  When you want to win a serious amount, it is obvious that you should not stop at small ones. From the outside it looks irrational, but in fact such behavior is justified.

Maybe that can happen depending on everyone's perception, but when they have risked something and feel doubtful or lost their self-confidence and then it can result in victory, that's where the doubts or lost self-confidence they will regain become confident or perhaps grateful because his initial doubts could produce favorable results. There are many people who have won big but can't control themselves and make the big win disappear again because they are too confident in gambling, when they win sometimes they feel they are lucky so they continue gambling but instead of wanting to win Bigger wins actually cause the winnings that have been obtained to be lost again, this is a case that usually happens.

It's not strange when we win and continue playing by increasing the bet amount, I think everyone who gambles has experienced this. because of their curiosity and desire to win more, they definitely have or come into their thoughts when gambling, including me, I have also experienced this and also lost the winnings that have been obtained. When you get a win, what you have to do is cash it out, if you still want to gamble then we should be able to cash out some of the winnings that have been obtained, I myself do this because I learn from experience.

[jcojci]

Generally when you hit a huge win it's a good idea to take a break from gambling as soon as you hit it.

Many people would consider that it's their lucky day and keep gambling but really, we have to think realistically. What are the chances of hitting it big twice in a row. Hitting it big might be a once in a lifetime experience for a few people to go around... So don't overestimate your luck.

I'd say the best practice would be to take a long break. Consider what you want to do with this money. Put all the possibilities down and only then consider gambling with the winnings again. I think the most sensible thing to do here would be to just consider withdrawing the vast majority of the winnings to spend IRL. if you want to keep gambling at least do it with a small portion.

Hit a huge win is a big luck for us because not many people can win that huge money. We must be grateful because we are one of some people who can gets that blessing from gambling so we can win and make a big money. We must stops gambling after that huge win because if we continue gambling, no guarantee that we can win more money. We must realizes that the luck we gets from the winning can not happens many times so we must quit gambling immediately.

We could not win again for some time after that huge win so we must used that big win money for our life. But if you continue playing gambling, you can wastes your win money because you will not have a big chance to win more money. You must aware that huge winning will not be better if you use to continue playing gambling.

[EarnOnVictor]

-snip-
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.

We all have our demons in gambling, and the earlier we know and accept it, the better for us because we will be able to deal with it decisively and chart our gambling plans better. For you, I would say you are smart, and that can only mean that you are experienced in gambling already, otherwise, you might be playing the revenging/greedy pattern which will never get you anywhere nice. Huge winnings can turn a later loss due to emotion and insensitivity, and our minds could be so funny at times, that it could make us misjudge to make a simple issue look like a big deal which will now compound the judgmental issue for us.

For instance, if you started gambling with just $20, and over time, you won $100 (which is 5x of the starting wager). But suddenly, the tide started going against you and you lost it back to $60 (3x). Instead of quitting at that time to reorganize yourself or even take a break, your mind could be emotionally telling you to bet more so that you might win the lost profits back despite still having a $40 win, a reasonable amount that is twice the starting wager. Before you know it if you give in, you might be in -$20 , that is why we should be smart in gambling and let our right instinct guide us and not emotion, especially when we are already in profit. What else do we want?

[Peanutswar]

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.

If you win already you can take back to your original bet so you won't get too greedy sometimes people keep testing until when and where they can still manage to hit a jackpot or profit so just one lose isn't enough to them to consider that they need to get stop for a while and take a look with their balance or situation are they still winning or not. Personally, once I win a large amount I will call out this for a day and make another game for next day so I don't get carried away when I win and lose another money because seems like it slipped only to my wallet and get away because of wrong decision making and making more greedy to urge to earn back those losses or urge back to play more hope to win large pool again.

[Frankolala]

In my opinion, when we win, it makes us more confident to be able to get more than we already got, apart from that, when we win, the temptation to continue betting will be there, especially with the initial thought being to seek profit, there will be thoughts that at that time they were lucky so they continued gambling with the winnings they had obtained, but however the risk of losing would not disappear so the casino could make the winnings they got disappear again and not one or two incidents like this have happened in my opinion. This incident happened again because they made the wrong decision.

winning is actually not difficult, it's just our own thoughts and desires that complicate everything. If we gamble and manage to get a win and then withdraw it without thinking, then everything is not complicated. However, when many gamblers win, they complicate things by following their desire for more, but that only makes them experience problems which sometimes makes them even more disappointed.

Maybe someone becomes more confident after winning, but it seems to me that many people, on the contrary, lose faith in luck when they already have something to risk. No wonder such a function as cashout (which is actually very unfair and close to robbery haha) is in great demand.
I understand perfectly well those who continue to play after winnings and raise bets - I do this myself  When you want to win a serious amount, it is obvious that you should not stop at small ones. From the outside it looks irrational, but in fact such behavior is justified.

It is a norm for gamblers like us to have a certain amount in my that we want to win and when we are on our winning streak, we focus more on winning because what we have is not our target but that is wrong because only the game turns against you which it must, you will not understand how you lost it all instead of stopping when you had profit.

I don't blame those gamblers that go for cash out because they don't want to jeopardize with the little profit that have already and that is the important thing since because it is only what you are sure of. The other huge amount that will make you not cash out but love to see the end of your bet is not certain because one of the game might cut the bet and you lose it all.

[xLays]

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 experienced this many times! I win big multi bet but end up losing all those winnings by trying to win more. I never learn from my gambling mistakes. Maybe next time I should consider setting some boundaries or limits for myself when I win a big bet to help manage this. Maybe ext time I could set aside some portion of my winnings and only gamble with specific amount.

[Viscore]

I don't blame those gamblers that go for cash out because they don't want to jeopardize with the little profit that have already and that is the important thing since because it is only what you are sure of. The other huge amount that will make you not cash out but love to see the end of your bet is not certain because one of the game might cut the bet and you lose it all.

As long as you are happy with your decision, that should already satisfy you. For regular gamblers, experiencing losses and winnings on a regular basis is expected, so we already know what to do when it comes to the timing of stopping, whether in profit or in losing. Actually, since losing is just normal, it should not hurt us because we already anticipated that. However, if we win and don't stop because of greediness, that will leave a huge regret in our hearts and eventually make us problematic gamblers.

That's why some gamblers get addicted: they don't recognize the risk and don't manage it properly. If we only manage it, we should be able to enjoy gambling for the long run, even if we have more losses than winnings.

[redsun114]

you should take that decision into a strict part of yours

I bet he did already when he converted his crypto to fiat.

but we can't really finally say that gambling should be avoided

Why not? If you think it making things bad for you, then it would be best to just quit it. You rather say, that there are still no guarantees of quitting it permanently because temptations are only there in the corner but we can't blame our selves. We are only a human who are prone to it.

According in the OP's situation, there are no exploitation that happened there and even if we say there are, like casinos are heavily promoting their services, I think it's wrong to blame them because the final decision was still up to us.

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

That's right that it's better to be safe than sorry. Confidence is good but sometimes it can be the ones that can screw us.

[Zigabel]

If you win already you can take back to your original bet so you won't get too greedy sometimes people keep testing until when and where they can still manage to hit a jackpot or profit so just one lose isn't enough to them to consider that they need to get stop for a while and take a look with their balance or situation are they still winning or not. Personally, once I win a large amount I will call out this for a day and make another game for next day so I don't get carried away when I win and lose another money because seems like it slipped only to my wallet and get away because of wrong decision making and making more greedy to urge to earn back those losses or urge back to play more hope to win large pool again.

keeping to this is where the problem lays, almost every one knows they should exit after a hug win but the believe that they can still win some more has been the biggest challenge that ha led to the problem, some times its really difficult to ever refuse trying again with the hopes of winning especially when you are of the opinion that the next chance could be a win again so not trying will means missing out.

[summonerrk]

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 experienced this many times! I win big multi bet but end up losing all those winnings by trying to win more. I never learn from my gambling mistakes. Maybe next time I should consider setting some boundaries or limits for myself when I win a big bet to help manage this. Maybe ext time I could set aside some portion of my winnings and only gamble with specific amount.

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.

[Eternad]

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.

Sometimes this list works as negative for me because I bet recklessly when I saw that I’m in huge profit on my list since I knew that I have money to spare for losing.

I stop doing this list long time ago so that I can think fresh whenever I’m gambling this way I’m always neutral regardless of my previous gambling result. I’m not sure if others think this way too but I’m sure greediness will always makes you vulnerable to lose recklessly whenever you are thinking that you still have money to spare from your previous profit.

[South Park]

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.

It is not surprising that this is happening to you, in my experience the majority of the people hate doing their taxes or setting a budget, and what you are doing is very similar to both of those activities and I find it natural that you got tired of it, as the majority of the people that gamble do it to obtain some fun and to relax from all the pressures and responsibilities that they encounter on their everyday life, so the last thing they want to do is for gambling to become just another burden.

[Jaycoinz]

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'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.

[Doan9269]

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.

Was it not greediness that is killing many gamblers, in some situations where you will discover that they won a bet and still use some sort of multiplier strategies to continue the bet thinking they are going to earn more to double that big win, but before realizing the truth, it had been too late, and so it is in gambling and many other things we do, chasing after money will result in loosing the money we even have.

[Dewi Aries]

If you win already you can take back to your original bet so you won't get too greedy sometimes people keep testing until when and where they can still manage to hit a jackpot or profit so just one lose isn't enough to them to consider that they need to get stop for a while and take a look with their balance or situation are they still winning or not. Personally, once I win a large amount I will call out this for a day and make another game for next day so I don't get carried away when I win and lose another money because seems like it slipped only to my wallet and get away because of wrong decision making and making more greedy to urge to earn back those losses or urge back to play more hope to win large pool again.

keeping to this is where the problem lays, almost every one knows they should exit after a hug win but the believe that they can still win some more has been the biggest challenge that ha led to the problem, some times its really difficult to ever refuse trying again with the hopes of winning especially when you are of the opinion that the next chance could be a win again so not trying will means missing out.

I have discussed this issue several times but I will never get tired of it because in most cases excessive gambling is always due to the trigger of greed to get a larger amount. If we set a goal to get a big win in gambling then actually it is a journey that will be very long and will never stop, in simple terms greed will never know the end.

Simply put, when you succeed in getting the $ 100 that you previously expected then you will expect a larger amount such as $ 1000 for example, and $ 10k and so on, while the risk will continue to lurk you at any time, and this is why the idea of ​​cashing out at the right time like when you managed to get the first win is highly recommended, because besides the idea can make you enjoy the results of the victory, the idea can also keep you from significant regret when in the process of running greed it turns out that you actually lose all the winnings. So the point is if you want to make it easy to take action to cash out at the right time then never think that "bigger wins are just around the corner", it is useful to avoid greed.

[Lanatsa]

In my opinion, when we win, it makes us more confident to be able to get more than we already got, apart from that, when we win, the temptation to continue betting will be there, especially with the initial thought being to seek profit, there will be thoughts that at that time they were lucky so they continued gambling with the winnings they had obtained, but however the risk of losing would not disappear so the casino could make the winnings they got disappear again and not one or two incidents like this have happened in my opinion. This incident happened again because they made the wrong decision.

winning is actually not difficult, it's just our own thoughts and desires that complicate everything. If we gamble and manage to get a win and then withdraw it without thinking, then everything is not complicated. However, when many gamblers win, they complicate things by following their desire for more, but that only makes them experience problems which sometimes makes them even more disappointed.

Maybe someone becomes more confident after winning, but it seems to me that many people, on the contrary, lose faith in luck when they already have something to risk. No wonder such a function as cashout (which is actually very unfair and close to robbery haha) is in great demand.
I understand perfectly well those who continue to play after winnings and raise bets - I do this myself   When you want to win a serious amount, it is obvious that you should not stop at small ones. From the outside it looks irrational, but in fact such behavior is justified.

It is a norm for gamblers like us to have a certain amount in my that we want to win and when we are on our winning streak, we focus more on winning because what we have is not our target but that is wrong because only the game turns against you which it must, you will not understand how you lost it all instead of stopping when you had profit.

I don't blame those gamblers that go for cash out because they don't want to jeopardize with the little profit that have already and that is the important thing since because it is only what you are sure of. The other huge amount that will make you not cash out but love to see the end of your bet is not certain because one of the game might cut the bet and you lose it all.

Or simply a cycle that happens to each gambler on which they would really be having those kind of boost up on the moment that they would be able to x2 their bankroll on which they would be having those thoughts that they could even make it x4 or x6 or even more. Trying out to chase those jackpots until they would really be losing it all on which its the most basic situation that do happens for most gamblers.
If you are someone that be able to stop on the moment that you are winning then its good but if you are someone whose really that goes after with those huge winnings despite of a profitable situation
then it do really just proves out that you are a greedy person. All of us does have that kind of different level of greed but there are ones who cant really be able to control on the moment that they are winning.

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.

Was it not greediness that is killing many gamblers, in some situations where you will discover that they won a bet and still use some sort of multiplier strategies to continue the bet thinking they are going to earn more to double that big win, but before realizing the truth, it had been too late, and so it is in gambling and many other things we do, chasing after money will result in loosing the money we even have.

A never ending kind of chase into those so called strategies on which we do really believe that it would really be something that puts you on advantage or simply could milk out the casino
until you would really be busting up all of your capital and made out some realizations that you shouldnt have done that. lol

[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.