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Author Topic: Are you already happy if you can double your money, or do you want more?  (Read 1634 times)
Zoomic
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August 03, 2024, 06:41:58 PM
 #41

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.
Everyone would wish to have a 1000% returns  from their gambling activity but then, it is not something that comes by easily. Games with 1000% profit expectations are high risk games which can result in a very high loss too if luck doesn't shine on the gambler.

I am not the type of gambler that risks so much just to gamble. Considering that fact that I pay attention to mostly sports betting, I am comfortable with a 100% win no matter the amount involved. The goal is to win and if I can make X2 of my initial deposit, then I will be smiling home. A moderate win and a moderate risk to handle gives me peace of mind as a gambler, I'll be happy with this even though I still wish for more most times.

Not everyone should be aiming for profits with high risks they cannot handle, this is just the beginning of failure for most gamblers in things do not end in their favour.

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August 03, 2024, 06:55:36 PM
 #42

If they gamble seriously, it means that they will have a 1000% profit, it is not certain, in fact, what is after you win 100% will be lost when you want to reach 1000% because in gambling games nothing is certain, maybe some people look greedy and are not satisfied with the money they win but for me this should not be taken seriously, even a 2x profit from your capital can cover your previous losses.

I don't have a target that is too big because it is clear that it looks greedy to win, basically gambling wants to win bigger when you win but you have to realize you can lose if you continue to force play, maybe we have experienced losing everything.

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August 03, 2024, 07:19:03 PM
 #43

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.

Each time I log into my gambling account I usually don’t have a specific target that I want to reach - the technique I usually apply is that as soon as I hit x2 on my deposit I instantly make a withdrawal from it and keep half of the money, that way I’ll know that whatever balance I have left is from the casino and not my personal wallet, if I keep playing and hit more wins I’ll also make another withdrawal and keep in my wallet and if it happens that I run out of luck and finally lose everything I will already have made some profits from that session.  That’s how I usually play my game.

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August 03, 2024, 07:23:25 PM
 #44

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 identify with both situations...
Doubling the amount is very good, it increases my self-esteem and always encourages me to play more, in fact that's what I almost always do.
However, I am a conscious player, very responsible with my winnings and I know the risks of losing everything I won in the following plays. For this reason, whenever I manage to double my balance, I always reserve 50% to 100% of the winnings and do not bet with them.
In other words... I continue playing, but I generally return to my initial bet or in more aggressive cases, at most I continue playing with 50% of the profits to try to obtain better profits in the next plays.

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August 03, 2024, 07:36:28 PM
 #45

wanting a big win is like playing on the edge of a cliff. must be mentally prepared and must be ready to accept the risk of losing money. not always luck is on our side when betting all our money. there must be a time when we miss which causes us to be destroyed because we bet too greedily. surely many people experience similar things in the world of gambling

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August 03, 2024, 07:43:46 PM
 #46

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.
The goal of every gambler is to make profit of its initial betting amount, and as such if I personally could get a 100% profit of my wagering amount daily, it will be of great advantage, far better than working away with a lose (i.e 0%). But in a scenario if I'm lucky enough to win 1000% profit or above of my wagered amount, then I will be very happy, considering the fact that it's every gamblers dream to win big, despite the fact that it is a game of luck and skills, because judging from a statistical point of view, it's true that over 70% of gamblers loses more money to casinos through gambling than they win from these casinos yearly. So if you are lucky to see 1000% profit of your stake, you deserves to be very happy.

 
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August 03, 2024, 07:44:36 PM
 #47

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 think it depends on the amount I stakes because I can not stake just $10 and you expect me to be happy with only 100% as that is $20. If I get more than that like maybe $50 or $100 I will be satisfied but I know I can not always get that type of profits therefore before I stake, I always keep a percentage that I will be willing to lose or make before i quit tor the day. Some days I can lose everything that I deposited and be left with nothing therefore, I will quit but that does not happen always instead I will make profit then keep the profit for continuous gambling in the same day or during the weekend but I always have a target that if I can reach or get closed to then I will withdraw my profits and keep them in stablecoin to avoid it losing value or better I can invest in Bitcoin if Bitcoin is down.

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August 03, 2024, 07:44:52 PM
 #48

How realistic is your target profit when gambling? Are you already happy with a 100% return, or do you want a 1000% return?

I see gambling as more of a pastime than a career.  In terms of profit, I try to keep my hopes realistic.  Hitting the jackpot and doubling my money would be amazing, but that's not something to bank on, literally or figuratively.  There's always risk when you gamble and you gotta accept that losing is part of the deal.  If I come out ahead, hey, that's just gravy and  and if I lose some dough, its not gonna ruin my life or anything.  

I guess the point I'm trying to make is that for me gambling is about the thrill and using my wits to try to win, not necessarily striking it rich.  The money's secondary.  I just enjoy putting my skills up against the odds and seeing how I do.  Sometimes lady luck's on my side, sometimes not so much.  But its all entertainment at the end of the day.  As long as I'm having a good time and not going overboard with the spending, then win or lose I consider it money well played.

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August 03, 2024, 10:58:26 PM
 #49

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 case, I always try to get big wins. For example, when I know that today I'm going to bet on some games, I have in my head the goal of choosing the largest number of games possible based on the analysis that I will do in each game. This is because I always look to get high odds so that if I get my multibet bet right, I will have a large balance in my account and it would give me the possibility to continue making more sports bets for a long time without having to go back and deposit money in the casino.

I'll give you a concrete example. I deposit $12 in the casino, so I strive for my first bet to be a multibet bet with at least minimum odds above 2.00 because I've already put in my head that the $12 I deposited in the casino is for $3 each week. So when I put $3 in a multibet bet with odds of 4.00 and get it right, I'm left with $12 + $9 + $21. So if I continue betting $3 each week and on games with high odds, I can spend more months placing sports bets without making new deposits. I don't like placing bets on games with odds of less than 2.00.

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August 03, 2024, 11:08:22 PM
 #50

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 should be happy for 100%, that's really a lucky winning streak for me and If I bet $1k  then I won $2k? That's an amazing legacy, I would never expect another risk just to get another chance. There's a lot of stories coming from people who experience several lucky winning, but in the long period of gambling they'll ended up suffering from losing streaks and in fact financial problems begun to exist.

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August 03, 2024, 11:53:46 PM
 #51

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 can't say how it is for everyone, but in my case, if I win a bet, I feel very happy and I get so excited that I lose all self-control afterwards. But after getting the profit I don't bet again but stop for a long time after understanding the amount of profit. If a bet comes up with Hundred percent backup, there is no need to bet again. Since I am a non-professional gambler, I participate in gambling only for entertainment, in this case, even if I get a small profit, the amount of entertainment comes to me more, so I consider myself very happy after receiving profit as entertainment.

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August 04, 2024, 12:46:11 AM
 #52

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 should be happy for 100%, that's really a lucky winning streak for me and If I bet $1k  then I won $2k? That's an amazing legacy, I would never expect another risk just to get another chance. There's a lot of stories coming from people who experience several lucky winning, but in the long period of gambling they'll ended up suffering from losing streaks and in fact financial problems begun to exist.

Yes, what you said is indeed a fact that occurs and is experienced by some gamblers, but actually if you understand what is meant by opportunity and how luck works then in the long run you should not experience bad things like what you said by experiencing a long-term losing streak. I understand that losing is part of the game but experiencing a losing streak is most likely caused by our own actions that behave excessively.

Gambling is about winning and losing and winning depends on luck, so in the long run it is impossible to continue to experience defeat, surely there will be certain times for us to get a win, at least get a 50% increase from the capital we bring, and as I said that experiencing a losing streak is our own actions that gamble excessively, and that usually happens when in the past you managed to win big, and by having a correct understanding of what opportunities really are and how luck works we should avoid trying to find other opportunities to get the same results, because that is the same as you directing yourself to high risk, while we know that nothing is certain in terms of the results of the game.

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August 04, 2024, 01:23:12 AM
 #53

Depending on the state of my session and the level of my happiness, if i'm on a hot winning streak i'm usually happy to the point that i'd withdraw what I deposited and spend the rest of what's left. There are also days when I struggle to profit, and still somehow pull it off with the help of luck, at that point i'm happy to withdraw everything and cool down for a few days or more than a week. I mostly gamble for fun, so for me, I always prioritize getting the most entertainment from my gambling money over earning a lot of profit.

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August 04, 2024, 01:54:11 AM
 #54

I would say that this completely depends on how much I'm playing with (or gambling with).  If I put in say .001btc in to my gambling account I expect to quadruple it at minimum before I plan to even take that amount out of my account and back in to my bank or whatever.  For me such a small amount really just wouldn't make much of a different whether I had it or lost it (not that every dime doesn't matter, because it does) but I have to have it be worth my time going through the process.  If I lay a big bet down, say a few hundred USD, then I'm more likely to cash out after the win.

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August 04, 2024, 02:04:56 AM
 #55

I guess it's not about doubling your money, because gambling varies. In a sports bet, a 2.00 odds is already good enough. That's double your money. But that's already considered a risky bet because there's only a 50:50 chance for you to win or lose.

This isn't applicable, however, when you're playing in a casino. If you go into a casino bringing a couple hundred dollars, you won't probably be satisfied and immediately call it a night right after making $400. You'd probably linger around for some time especially if you usually spend a few hours per session and you've already doubled your money in the first 30 minutes.

This is just my opinion. As far as sports betting is concerned, it's a matter of odds. But as far as casino gambling is concerned, it's probably a matter of playing time unless you're already drained of money before you even want to go home.

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August 04, 2024, 02:14:41 AM
 #56

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.
Even if I don't use figures, my comment will still be very easy to understand.
For somebody like myself, I am not rich yet and I have a strong desire to become rich.
So, where ever there is an opportunity to make money and become rich, I am in to make the highest or biggest amount of money possible, could be x1000, or even x100, 000, does not really matter, all that matters is that, I am hungry to make the highest amount of money possible to make.

But also, to expect too much from gambling can be suicidal at times and for some people, so, it's always better to channel such desires towards a better means through which money can be made, like for example..
1. Investing In different assets that could grow in price in the future.
2. Starting a business where one can buy goods for cheap and sell them for the highest price.

Gambling is not an activity one should depend on for financial breakthrough, it's just a game and only the extremely lucky people make life changing amount of money from gambling.

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August 04, 2024, 03:07:20 AM
 #57

Of course, I'm happy whenever I reach my daily quota. Hitting green always makes gamblers happy. It depends, but most of the time, I aim for a 100% gain from my daily bankroll before I call it a day. Recently, I've been doing up to 300%, even surpassing it if I feel like my luck will last a bit longer. My bankroll isn't that great, so there's no need to mention how much it is. I end up burning through my bankroll most of the time, nearly before I reach my quota.
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August 04, 2024, 04:26:05 AM
 #58

First of all I never consider gambling as a means of making money even when I gamble it's just for fun even in my spare time. As long as I have gambled, I have gambled with small amounts of money and I have no regrets even if I lose. Even if I win I want to be 100% calm and not increase it because it can make me more addicted to gambling later on. There are many who after winning their gambles gamble again on impulse only to find that instead of winning they lose their entire money again. Just as greed has to be controlled in gambling, emotions also have to be controlled.

Since losses in gambling are greater than profits, So if a gambler is able to double his gambling money, he should stop gambling instead of increasing his money by 1000%.

R


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August 04, 2024, 04:44:38 AM
 #59

I have a small bankroll, so I must be looking for a bigger return to be satisfied. With the choices in the OP, I'd pick a 1000% return. I know it's quite hard but not impossible; it doesn't necessarily have to be achieved in just one day, it could be in a week, and I feel happy with the results if I could get that. If you are really good with sports betting, it's not impossible to grow your bankroll to that percentage. All you have to do is ensure consistency and, at the same time, discipline in managing your bankroll. Consider it a long-term journey, and eventually, you'll reach your goal.

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August 04, 2024, 05:06:05 AM
 #60

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.
Getting a double up on my initial deposit is nice if I am broke that week or whatever, but normally I would rather get 100x my money. I'm gambling for the big win and the thrill, not gambling trying to make lunch money.

I guess it just depends on your financial situation in the end.

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