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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 05, 2024, 08:13:48 AM
 #101

If I have no target, as long as there are some winnings from my bets, I am already happy. As I have experienced many times, aiming for high gains usually end up losing most of my bankroll. So getting twice of my initial bet, is already enough if I am not aiming to go home as big winner.
You have experience in gambling already. But as for me, I prefer roulette and 3 odds has been what I use to go for. Sometimes it can be all or none. Example is if I have $200 in a week, I can use $10 to gamble. If I have win, I take home $30. If I lose, I know that I can afford to lose the money. Able to lose the money is important for gamblers. They should not gamble with the money they can not afford to lose.

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August 05, 2024, 08:54:03 AM
 #102

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%.

Which is why as a gambler having a budget is very encouraging so that you will not gamble too much, though there is every possibility that if there is a certainty that if we doubled our money we would multiply our capital we would of course gladly do that but if perhaps we are not actually certain about the outcome it will be better we sticked on the one that's currently given us some profits in return because just like you said a gambler should be satisfied if they funded there account with $200 and they are able to grow it up to $260 on weekly or monthly basis they should be okay with it instead of risking for something they are actually not sure of all in the name of getting huge return.
Having a gambling budget is the first step to escaping overspending on gambling, but maintaining that budget and keeping on to it have even become a more difficult task to deal with than allocating the budget in the first place. 

No matter how sure you think the game might appear to be compromising your budget is not the right thing to do, the moment you increase it or fund your account more because of a particular game, I bet you that will be the first start of losing control over your budget as you will keep on doing that until you will no longer have to gamble based on budget again.

You are certainly right about that because having a budget is one thing and another thing is being able to maintain it because I no that in as much as I advised to have a budgeted amount I know it will not be an easy one for most people because so long as gambling is concerned most people will always get too overwhelmed with there possible believe of winning some certain gambling because some gamblers is with the psychology that even if they exceed there gambling budget they will never be out of control but they did not understand that the more they are deviating from there initial budget that is how they are losing control and before they no it becomes difficult maintaining a budget, perhaps that's why some persons could no longer sticked on there budget.











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August 05, 2024, 08:56:22 AM
 #103

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.
There are times that I'm able to hit close to 100% and at most times, I am just a break even bettor. I'm already happy with that as what we always used to hear about gambling and having fun, that's what I am doing but I don't forget myself to reward when I've got some good days. 1000% of profit in gambling isn't impossible but that's a lot to be honest when you are unsure with what's going to happen with your day to day bets. So, I do not need to use some figures, as a sports and esports bettor, break even is fine and few percentages like 5%-20% or 50%, always under 100% for me is totally fine as long as I get that W!  Tongue

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August 05, 2024, 09:06:02 AM
 #104

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.

Personally speaking, I always gamble for fun, and it became a thrilling game with the right mindset, if you treated it as a form of entertainment instead of profiting on gambling. So, in my point and as to how I understand gambling, it's always favors the house so for newbie gamblers, winning is more about luck. I always bet what i can afford to lose of course so even if I losses in gambling, it never hurt my wallet that much. Relating to the question, in my own probably go for atleast 100% gain, I always gamble responsibly, so it just a hobby of mine as I'm very aware of the risk if I ever manifested gambling habit that can be addicting.

Gambling is always becoming a way to socialize, considering setting up game night or join in a betting pools where everyone can participate responsibly.

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August 05, 2024, 09:06:21 AM
 #105

I am happy if I can double my money and still get more. My money for gambling reward of my hardwork and doubling it and even getting more, I consider is more reward to use for pleasure.

I want to see my money double that's another reason I gamble. It makes me happy and feel like I am doing something right and from it doubling or getting more, I can use it to get something nice for myself. What I avoid is getting too emotional with losses when it happens. I know another day will come and it makes me stop gambling to try again later.

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August 05, 2024, 09:14:42 AM
 #106

I would be happy if I will manage to double my deposit, because imo it aint easy to do that. A gambler must either have a series of all-in wins with low risk odd, or be lucky to predict outcome with 2.00> probability. I would say that it will be risky to double money through betting, and long and risky through casino games, and close to impossible with slots. Which makes doubling deposit from my point of view as a real achievement. I am not a frequent player, and those who gamble more often might disagree with me, but I often notice people lose more than win on their way to doubling money.

 
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August 05, 2024, 09:17:15 AM
 #107

100% profit is my target when I have a small bankroll since it’s very easy to achieved even with small bets but right now which my bankroll usually ranging from 1000$ and above it’s very hard to have a x2 target profit since I’m only betting using minimum amount.

It’s not always the percentage but rather the exact amount in fiat is my basis to determine how sufficient my profit is. I can always stop gambling whenever I hit 100$ profit already which is just 10% of my bankroll.

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August 05, 2024, 11:46:40 AM
 #108

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.
Gamblers do have their respective purpose and reason for which they gamble and that is a very important thing to put to consideration before they put all, for those who gamble to make money or to get some kind of funds, are such that sets targets and that becomes a compass for their gambling throughout the period they are going to gamble but for those who gamble just for fun, don't really have to bother about all of that. Targets when set also have an impact on the psychology of the gambler and that is why with realistic targets, the gamblers does much better and with unrealistic they become greedy for me if I'm able to double my capital I'm done gambling for the day.

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August 05, 2024, 11:55:40 AM
 #109

If I have no target, as long as there are some winnings from my bets, I am already happy. As I have experienced many times, aiming for high gains usually end up losing most of my bankroll. So getting twice of my initial bet, is already enough if I am not aiming to go home as big winner.
You have experience in gambling already. But as for me, I prefer roulette and 3 odds has been what I use to go for. Sometimes it can be all or none. Example is if I have $200 in a week, I can use $10 to gamble. If I have win, I take home $30. If I lose, I know that I can afford to lose the money. Able to lose the money is important for gamblers. They should not gamble with the money they can not afford to lose.
You are right, what of the most comfortable way to gamble is to always make sure that or the money you are staking on the game is one you can afford to lose, this i personally have practised over the years and I can tell with all honesty that it makes gambling way more fun, easier to coup with even in the face of unforseen loses and so on.

One gambling with money and an amount he or she can not afford to lose is one of the ways to really end up being very frustrated, angry, not just with yourself, but with those around you as well, and also, this can lead one to becoming a gambling addict as well.
All gamblers should really learn to not risk what they can't afford to lose, it's a foolish way to gamble..

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August 05, 2024, 11:57:36 AM
 #110

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.

X2 is so little that I don't even consider it as a basic win. For me, the win starts at x10 and the target level is around x100. I'm not a high roller, so this is purely my subjective opinion, probably someone who bets tens of thousands of dollars will be happy with x2. But if you bet for the sake of earning and you like x2, then it's easier to buy bitcoin and wait. Yes, it will take longer than just waiting for the end of the sporting event, but it is almost guaranteed that you will get x2 at whatever level you enter.

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August 05, 2024, 12:43:17 PM
 #111

There are many safer ways to get x2 than gambling, starting with business, and ending with investments, where you will not lose everything in one or several bets. You also need to evaluate what you capable of in gambling, if I know that I can achieve better results in trading, then I will allocate a larger budget there, and for gambling it will be much smaller, and simply doubling it will be too insignificant a goal for me, but perhaps when I double my gaming budget I will think about withdrawing the profit, to continue playing only with the money I win.

 
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August 05, 2024, 01:04:00 PM
 #112

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.
I am always in both positions, sometimes the ambition becomes bigger and I want to continue to multiply the victory, and sometimes if in a fairly controlled mood situation I withdraw to enjoy the victory. It is difficult to stay consistent in one position continuously, this really happens naturally. I can't be 100% sure that I can control the victory but I can be sure as a gambler it is difficult not to follow the ambition.

Let's say this morning I started with $10 then became $30 meaning 200% profit but because ambition has no limits and satisfaction has not been fulfilled for some reason it is difficult for this finger to press the withdraw button, you know roll roll and keep rolling until all is gone.


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August 05, 2024, 01:42:02 PM
 #113

There are many safer ways to get x2 than gambling, starting with business, and ending with investments, where you will not lose everything in one or several bets. You also need to evaluate what you capable of in gambling, if I know that I can achieve better results in trading, then I will allocate a larger budget there, and for gambling it will be much smaller, and simply doubling it will be too insignificant a goal for me, but perhaps when I double my gaming budget I will think about withdrawing the profit, to continue playing only with the money I win.
You can earn x2 in gambling, but it's hard to do it consistently. That's why gamblers lose most of the time because we are never satisfied with that win; we tend to continue to want more, resulting in unrealistic targets. When you start with a bankroll of $10 and want to turn it into $1000, that's very hard to achieve. However, sometimes we are too confident that we can do it, which leads to greed and continuing to gamble without knowing when to stop. Sometimes, we are already lucky but don't know how to stop, so we end up losing, which is very stressful as a gambler.

It's more stressful to lose $100 in just a single bet than losing $100 over hours of gambling. If we stay longer and end up losing, it can be even more disheartening.

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August 05, 2024, 01:46:28 PM
 #114

Doubling my money is already okay to make me happy and more will be greater. But that's how greed starts for someone when he's got enough already.

Someone who aims more is inviting greed to come. So, whichever result I get as long as I am not at a loss, who am I not to be happy with that?

Being full time and not really has its pros and cons and I guess not being full time gives me that pros that I'm not expecting too much and I don't have quota daily.

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August 05, 2024, 02:15:19 PM
 #115

Are you already happy if you can double your money, or do you want more?
Gambling is said to be strange, yes it is strange, it is said that it is not strange, of course it is not strange, the understanding and situation of gambling is very perspective where a person has an absolute view for himself, Some people think that incident after incident in gambling activities is normal and some people are quite serious about the problems that occur, whether it is losing or winning.

Personally, from the perspective of the capital I spend, making a profit or winning of 50% is already happy and enough of the capital spent to gamble, I don't expect it to reach 100%, For me, 50% is a reasonable and rational thing in the world of gambling. For me, getting that percentage in a game I think is great and can be given a thumbs up.

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August 05, 2024, 02:15:31 PM
 #116

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.

Before I really aim to earn a lot more since that's what actually we are looking for. But right now for seeing how risky the gambling is and being consistent on playing doesn't give any assurance to win then provably to earn double is good thing for us gamblers. If we could able to reach that threshold then its really fine since that's good profit already. But usually I don't give much issue on this and just think about the the luck factor will decide if I continue or just quit since if there's early sign that we are starting to lose and then chance to win is so low with that scenario I usually decide to stop since this is at leas we can do to minimize the damage.

R


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August 05, 2024, 02:41:04 PM
 #117


If the profit amount is more than 2x on the bet then definitely happy news it's definitely happy news not only for me but for every gambler. But this happiness will depend on the amount that the gambler needs.  My amount of money is very low i.e. scarcity is high and right now if I get double amount of profit in betting then surely my happiness amount also depends on my need. If I don't need money, then whether I double or triple my stake, my happiness will not be that much because I don't need money, i.e. there is no shortage.

If I have no target, as long as there are some winnings from my bets, I am already happy. As I have experienced many times, aiming for high gains usually end up losing most of my bankroll. So getting twice of my initial bet, is already enough if I am not aiming to go home as big winner.

We should remember that we gamble based on luck and not on knowledge or experience, so setting goals in gambling is a luxury.

My goal is not to lose too much money every time I gamble, I have never set an exact goal of how much money I will make because I know I have no right to decide that. Setting goals in gambling means we are seeing gambling as a place to make money, a place to get rich, we are putting pressure on ourselves and I don't think that is a good idea.

Indeed, as long as we win and make a profit, we are the luckiest people, don't be too greedy in setting profit goals in gambling because we will pay a very high price.

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August 05, 2024, 02:54:19 PM
Last edit: August 05, 2024, 03:10:46 PM by Sandra_hakeem
 #118

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?
In as much as they don't wanna tell themselves the truth, everyone wants to have an experience of what a long run on a multiplayer feels like...
However, it's like the thoughts in our imaginary world during our youthful days -- "we'll always imagine the sun falling into the earth, but in reality, that's not even happening" - 1000× on a multiplayer is the least level of winning anyone should think of.

It’s not always the percentage but rather the exact amount in fiat is my basis to determine how sufficient my profit is. I can always stop gambling whenever I hit 100$ profit already which is just 10% of my bankroll.
If your bank roll is $1000 and your expected winning is $100, which is clearly 10% of everything, how much do you wager then? 10$?

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August 05, 2024, 02:55:22 PM
 #119

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.

Before I really aim to earn a lot more since that's what actually we are looking for. But right now for seeing how risky the gambling is and being consistent on playing doesn't give any assurance to win then provably to earn double is good thing for us gamblers. If we could able to reach that threshold then its really fine since that's good profit already. But usually I don't give much issue on this and just think about the the luck factor will decide if I continue or just quit since if there's early sign that we are starting to lose and then chance to win is so low with that scenario I usually decide to stop since this is at leas we can do to minimize the damage.
Saying whether there is a target or not, I think when something is closely related to luck then nothing is realistic. Because we expect something from luck that has no form of effort at all (except for sports betting we can do analysis first). Sometimes luck comes when we don't expect it, and that's why I won't set a winning target. As for when I can increase the balance in my wallet, then I think that's something we should enjoy. Don't follow greed, because it will make us feel something bad. For example, when we can increase the initial balance to 10x, don't expect too much to get 20x, it will make us lose the 10x we got at the beginning. Apart from that, we can also chase victory later and we know that in gambling chasing victory is something that will make us feel even greater losses.

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August 05, 2024, 03:19:05 PM
 #120

There are many safer ways to get x2 than gambling, starting with business, and ending with investments, where you will not lose everything in one or several bets. You also need to evaluate what you capable of in gambling, if I know that I can achieve better results in trading, then I will allocate a larger budget there, and for gambling it will be much smaller, and simply doubling it will be too insignificant a goal for me, but perhaps when I double my gaming budget I will think about withdrawing the profit, to continue playing only with the money I win.
You can earn x2 in gambling, but it's hard to do it consistently. That's why gamblers lose most of the time because we are never satisfied with that win; we tend to continue to want more, resulting in unrealistic targets. When you start with a bankroll of $10 and want to turn it into $1000, that's very hard to achieve. However, sometimes we are too confident that we can do it, which leads to greed and continuing to gamble without knowing when to stop. Sometimes, we are already lucky but don't know how to stop, so we end up losing, which is very stressful as a gambler.

It's more stressful to lose $100 in just a single bet than losing $100 over hours of gambling. If we stay longer and end up losing, it can be even more disheartening.
Consistently isnt something that would really be that easy when it comes to gambling on which we know that luck wont really be at our side an anytime or  any moment on which
it would really be that understandable that gambling is a game of chance on which on the time or moment that you do find yourself having those kind of approach on things on which you will
really be having that kind of desperation on the time or moment that you will really be liking to have that doubling or even more with your gambling capital. We do really know that
house do always win in the end or even lets say you are really that dealing with sports betting, doesnt mean that you would really be trying out to make yourself having that
kind of target towards gambling.

Gambling is really that for entertainment and if you are someone whose really that going through means of making money then you are really that putting up your self on such risks
in speaking about losing even more and the worst, you would really be that becoming addicted. This is why it would really be important that you should really know
on what you are doing and on how to treat up things accordingly or the way that it shoudl really be that treated.

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