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Author Topic: Are you already happy if you can double your money, or do you want more?  (Read 1634 times)
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August 03, 2024, 12:42:01 PM
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 #1

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

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August 03, 2024, 12:45:45 PM
 #2

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling?

Considering Gambling for fun alone realistically is very hard to apply due to the money involved. It’s very hard to stay at fun level if you are losing.

X2 profit is always my baseline profit whenever I’m gambling since it’s the closest and typical target of most gambler. But this target depends on the size of my bankroll, the bigger the bankroll is the lower target percentage is my goal.

Quote
Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

I’m happy already with 100% return but ofc everyone will be much happier for 1000% return assuming it’s possible so why not?

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August 03, 2024, 12:48:54 PM
 #3

If there is a chance of getting more, then I will be happy to grab it with less risk, but for the most part, I'm okay with the kind of profit I get with the little I gamble with.
 
Let's say, for instance, that I make a deposit of $100 into my casino budget account, which is what I expect to gamble with for the rest of the week or probably my monthly budget.

If I can turn that $100 into $150 alone, it's very much okay with me as I don't go for too much, and sometimes I don't even account for any good profit, so the 100% self is a big target for me. Talk more about expecting a 100%.

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August 03, 2024, 12:50:36 PM
 #4

There's no need "we need to understand it better" because it's a personal preference.

If I choose to gamble 5% of my monthly income, but you choose to gamble 20% of your monthly income, it's fine.
If I choose to end my gambling session after reach 100% of my bankroll, but you choose 1000%, it's fine.
If I choose to gamble on sports, but you choose to gamble on slots, it's fine.

Anything is fine as long as you're not get addicted and you didn't harm other people, we're happy with our own choice, so why it matters?

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August 03, 2024, 01:02:17 PM
 #5

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

Part of being a gambler is its greediness. Gamblers suffer a lot of losses, and when there's an opportunity to recover those losses, they take it. I have been in this situation many times, and I'm sure many of us have been, too.

There's a saying strike while the iron is hot and it's so true in gambling, gamblers will not satisfied with 100% return they will want more, It is tricky for gamblers to stop while they are on profit, some gamblers will call it a day and some gamblers are stubborn to extend their luck, I was once stubborn but I learn through experience to be satisfied and call it a day when I sense that my luck is not extending anymore.

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August 03, 2024, 01:11:07 PM
 #6

Actually, I always expect big profits with a 100% return unfortunately to get a nominal profit of that size is very difficult for me 50% is enough the most important thing is I do not experience a loss of up to 100% in an example for example I deposit 50$ if I can double it to 80$ I stop at that time because it has exceeded half of my capital if I continue sometimes it even goes back to 50$ meaning I don't get any profit if I want more.
Honestly regarding target profit I do not really determine victory because luck in gambling does not always match expectations.
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August 03, 2024, 01:12:09 PM
 #7

In my case it depends on the money at stake and the risk of the bet. I can assume extremely difficult probabilities in lotteries, for example, where it is almost impossible to win, but you lose a few bucks at worst. Doubling my 1€ bet or getting drawback is a clear failure in lotteries.

In other games where you risk much money and better probabilities, doubling could be a realistic goal, and a good moment to stop playing. But as others said, we tend to become greedy when we win, so it is easier said than done.

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August 03, 2024, 01:15:04 PM
 #8

Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.
It is best to have more, but I understand the risk of gambling, as when we want more winnings, the losses come. That is why I help myself to feel contentment in small amounts rather than chasing for more. In fact, hitting the jackpot is already a bonus, and I think that gaining at least 50% is huge enough to take home and make me happy.

The word happy can be described differently depending on our expectations. If we expect too much from our money when gambling, making it double or triple will fill it. But if we are just making ourselves entertained, even if we lose, we are still happy, as our goal is to just gamble and please ourselves. 

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August 03, 2024, 01:16:45 PM
 #9

The profit has reached 100% it is good enough but if you want 1000% it is too ambitious of course some people will have different perceptions even in serious gambling 1000% is the target of most people.

If you are a disciplined gambler then 100% of the profit is worth taking the rest of it bet again.

The point is that I always want to secure the initial capital first and not withdraw all the balance won, meaning that when the profit achieved is not the target there is still a little profit that is safe so that there are no regrets later.

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August 03, 2024, 01:23:16 PM
 #10

the initial target of a gambler is victory we can't deny that. but for me if in the gambling activities that I do if I win 2x my initial capital I will not continue my gambling session, and immediately withdraw the winnings, I have a realistic view maybe my luck is limited to that, and if I continue the game I often experience defeat and in the end my initial victory runs out and the annoyance I experience. so in my opinion do not be too ambitious to pursue big wins in gambling, by taking small profits and not being greedy is something realistic.

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August 03, 2024, 01:25:43 PM
 #11

Are you already happy with a 100% return, or do you want a 1000% return?
getting a 100% win is quite satisfying for me. I bet more often on sports, I don't bet too much on daily bets. maybe 5 to 7 games if it's a good season. Of course, the Odds offered are different, but sometimes I bet the same amount for each bet on the same day.
in sports betting, it may not require as much control as casino games. casino games sometimes make us forget when it's time for us to stop and come out with a win. however, the level of satisfaction of each gambler must be different.

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August 03, 2024, 01:36:54 PM
 #12

Normally for a session I'm looking for at least 5x. If I go with $50 I don't like to play double or nothing games and, if I did, I could go double, or lose it all, in one play.

I prefer to play slots or roulette with multiple numbers, so I'll bet a percentage and if I get lucky and see that I've won good money I'll consider folding. If not, at least the money has lasted me a while.

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August 03, 2024, 01:37:46 PM
 #13

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.
From my personal experience for now, winning is only pleasure because I get refund for the previous loss that I have received, there will be no effort to want to be able to produce larger amount than what has been obtained.
I used to be gambler who was quite realistic about money, I really calculated the amount of winnings that had to be obtained and there would be certain target for each bet, if today I get profit of $ 50 to $ 100 then tomorrow it must be bigger and that the attitude I used to have.
But everything changed when some bad things happened like consecutive losses and also losing more money that I had never imagined before, all of that made me aware and gave me an understanding that real victory is being able to minimize losses.
I quite grateful for all the experiences that have happened, all of which provide mindset and can also significantly change attitudes to goals in gambling, for now winning is no longer priority.
Moreover, even if win, in the end I will still use it to bet and entertain myself because I don't gamble like I used to with the amount of bets that would probably be quite satisfying if won.

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August 03, 2024, 01:37:59 PM
 #14

Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.
I don't often set targets when I place my bets to gamble. My satisfaction stems from the fact that I am enjoying my game and that my win is up to the amount that I can withdraw from the casino. For example if I bet $50 on a slot game, my mindset is not to double it but to enjoy the game and if I win say $20 which is the minimum withdrawable amount, I am happy. If I win $30 , the same thing. It doesn't matter whether it is 100%,  60% , or 1000% return.

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August 03, 2024, 01:45:27 PM
 #15

If you expect a return of 100% or even 1000%, then you can be sure that gambling is done seriously to make more money.
But can the profit be obtained immediately or not?
Since gambling will not be easy to conquer, the system will still work to suppress anyone's games and bets.

I may not be too serious about gambling, it's just entertainment. Probably only about $10-$20 of the money I have set aside to play without any extras.
Don't expect more profits, but at least be able to play for a long period of time as an entertainer or make small bets on the sportsbook.

About multiplying profits anyone will be happy and expect it to happen, but before reaching that point there will be many obstacles that need to be faced,
victory will not be easy to get and there will be a process that keeps going according to luck.

 
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August 03, 2024, 01:48:26 PM
 #16

~
Money wise I guess yea, doubling it is more than enough for me. I've done this before but with small amounts only so it never really dug into me that I've "doubled" it due to how low it is in the first place, so I never really thought about it. That, or whenever I play (not just in gambling, just in general), I don't give a crap about stuff and just, well, play.

if I were, however, to specifically set a target profit, I'd be more than satisfied with 100% most of the time. Heck, even a 50% profit is usually a good thing already for me whenever I'm trading. Again though that's in trading and as I've iterated before, I've never really set one in gambling, I doubt I ever will, and I doubt I should even think about doing so.

 
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August 03, 2024, 01:48:35 PM
 #17

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.

First I will be happy with 100% return, because I'm not too greedy with my gambling livestyle. However getting 1000% return in gambling is a very rare opportunity, as getting huge come back on your bet happens occasionally. I don't place targets on my gamble, I gamble as the spirit leads,  you can only place target on things you are certain about, Gamble involves probability, and in probability the answers are always zero or one, so how do begin to place target profit on what your not sure of, so whatever percentage I get after my Gamble, is okay with me hence I'm not losing out but 100% is fine











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August 03, 2024, 01:50:42 PM
 #18

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life. Some gamble for fun, while others are very serious about it. Can you relate to the question and answer it? How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return? Please use figures in your explanation so we can understand it better.
In my personal experience, I will stop when I have made a profit of %100, I have tried to exceed the target but always failed. So I make a decision when gambling if it reaches %100 or slightly below it I will stop and withdraw the profit. Limiting the profit target is also a good way to learn to avoid greed, because greed also occurs because there is no time limit to stop.

This principle is what I use when gambling now, I will make a deposit according to my ability if I lose I stop and continue tomorrow. Likewise when I have made a profit I will stop and withdraw %100 of the profit and the capital is still left for the next day. I used to gamble irregularly so my finances were a bit chaotic but after learning from the experience of having a profit target and being able to divide my gambling time, things got better.

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August 03, 2024, 02:17:18 PM
 #19

Are you already happy with a 100% return, or do you want a 1000% return?
1000% return in gambling sounds like me being greedy but that is what I want considering the amount of money I have lost to gambling and also that I will not be lucky everyday gambling to always win. I do not gamble with a lot of money so to say that I just want a double of the amount of money I've used in gambling it's like I'm dreaming not so big and hoping not to win anything tangible from gambling. It is better to win big than to win small because although winning may seem like winning you do not always win in gambling and it is good you do not waste your winning moments winning small amounts. I prefer a big win.

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August 03, 2024, 02:28:12 PM
 #20

I don't have any profit target when I am gambling but I accept any profit that comes my way when gambling because it is hard for gambling outcome to be the way we predicted it which makes it hard for one to have a profit target and achieve it. Sometimes, you might say that I want 2x the amount you used in gambling and before you know it you will make a profit of 10x.

I am ok with whatever profit and most times I run at loss when gambling. Every gambler will want 1000x profit but how possible will that be. Responsible gambling is what should be practiced and not profit target because gambling is based on luck.

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