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Author Topic: Are you already happy if you can double your money, or do you want more?  (Read 1634 times)
Julien_Olynpic
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August 04, 2024, 05:34:16 AM
 #61

x2 is a very good coefficient. If you managed to do it, then you can congratulate yourself. However, there are obvious nuances here. Everything depends on the absolute value of the amount that you managed to multiply. If you made x2 from 5 dollars, then this is rather a pleasant trifle that you will not pay any attention to, and if you made x2 from 1000 dollars, then you can safely fix the profit. Many people therefore confuse absolute values ​​and relative ones. If you operate with large amounts, then a much lower level of profit may be acceptable for you.

 
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Jody.Drummer
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August 04, 2024, 05:49:11 AM
 #62

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.

Basically everyone must like it if they get free money or get a large amount of money with little effort, and maybe I would say that people who managed to win 1000% of their capital are one of the luckiest people in the gambling world, there is nothing wrong with choosing something much bigger than the minimum, because even though at first glance it looks very difficult but as you said that does not mean it is impossible. This is gambling where everything can come unexpectedly.

So just choosing is not a problem, but what will be a problem is when you try to justify all means to achieve that 1000% profit, because even though it might happen but we all will never know when luck will come, and it is also proven that in some cases what always triggers problems is because someone who always tries to force their hopes to get a big win, remember that victory is not to be pursued regardless of even if for example you are quite good at betting, because the pursuit process is very likely to mess up all your money management and psychological planning.

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August 04, 2024, 06:29:26 AM
 #63

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 1000% return of the capital amount that you will gamble is a bit unrealistic; before you can get it, you will have to lose a large amount of money playing gambling. Unless you really get lucky, although it rarely happens, Because when I play gambling in an online casino, if the capital that I bet doubles, I am satisfied with that, and I will stop and leave the limit amount that I am gambling with.

As much as you want 1000% ROI, that is greediness in my understanding, and that is not good in my understanding, and I agree with what I have seen in other gamblers that they are already chasing their losses in playing gambling.

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August 04, 2024, 06:45:59 AM
 #64

The percentage of my wins before I exhaust my gambling budget for the day doesn't really matter to me, when the bankroll finishes I collect whatever percentage. If it's a lose after the bankroll exhausts then I still move on because I gamble with the amount that I can afford to loose. Every gambler naturally wants more and there's nothing wrong with aiming for 1000% profit on your capital but to suppress greed 100% increase on my capital is very reasonable. Aiming for 1000% profit in gambling by all means is not a good habit.











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August 04, 2024, 06:52:37 AM
 #65

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 not a serious or high-risk gambler since gambling, for me, is not a reliable source of income. Getting 1000% could be seen as a jackpot and I have never experienced it. 100% is realistic and I have been lucky to experience it severally. I don't have a target when I am gambling since it is an unpredictable activity. Having a target might lead to chasing losses or gambling more than my budget. I simply visit casinos to enjoy games and win some money if it is my lucky day.  With an open mind, I accept the outcome of my games and leave the casino when I have exhausted my budget.

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August 04, 2024, 07:05:07 AM
 #66

Getting a double up on my initial deposit is nice if I am broke that week
The problem is that for some, they can barely survive their everyday but they will still go and gamble. You said you might be broke for that week which implies you are not exactly suffering but some people are broke every week and they are expecting to get out of poverty from gambling which should not be tolerated.

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August 04, 2024, 09:10:10 AM
 #67

Usually I'm looking to earn 5x of my bankroll, I think it's not too high and not that low. If I still have a time to gamble, I will withdraw 400% of my profit and continue to gamble with my initial bankroll to reach 5x of my bankroll again.

Making 100x of my bankroll is high unlikely, the chance is quite low, since I gamble for fun, I don't want to end up having many bad days after I finish my gambling session.

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August 04, 2024, 09:22:17 AM
 #68

I always try to get the most out of a single event. I don't care about the odds I'm going to win, but I care about how safe they are. Trying to reach a "pre-established" target leads to playing with more risk and to risking more than necessary...

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August 04, 2024, 09:22:27 AM
 #69

Getting a double up on my initial deposit is nice if I am broke that week
The problem is that for some, they can barely survive their everyday but they will still go and gamble. You said you might be broke for that week which implies you are not exactly suffering but some people are broke every week and they are expecting to get out of poverty from gambling which should not be tolerated.

Gambling is never the way to get out of poverty. How many people in the world do you know or have heard of that made life changing money? It's a very small % of gamblers that ever achieve that kind of win. Best thing for people is get a job and live a normal life, gamble every now and then for entertainment. That's just my opinion of course.

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August 04, 2024, 09:22:51 AM
 #70

There is probably no need to dissemble that every person is always pleased to receive winning money, and if you ask everyone, there will never be much of it. However, some people understand that it is difficult to subdue luck, and a measure is needed in everything, just as those who give their soul to some business understand that all the money cannot be earned. It is better to stop and not tempt fate or anger God, showing your greed, but to receive your prizes slowly but regularly.

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August 04, 2024, 09:25:22 AM
 #71

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.

How is this a question of either / or? What about the people who double their money AND want more, are you interested in their opinion as well? Tongue You should rather ask something along those lines whether someone doubles their money and stops because that's it, good game over.

It also totally depends what money you are playing with. If it's money that you know is part of a very limited budget but you still want to enjoy placing some bets, I guess you are more careful with the goals you set. But if you are betting with free money or a free bet type of thing, why not go for the 1000% every now and then? If you go for 1000% out of desperation, then there is something wrong in the first place.

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August 04, 2024, 10:55:47 AM
 #72

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.

This is also my strategy in crash games, I don't go beyond 5x, unfortunately I still lost a lot of money..my chances of minimizing my losses would have been very high if I had focused on doubling my stake only... Personally I think focusing on x2 everyday is a way of taking greed of your mind, some people don't realize how huge a hundred percent return of their capital is, if you are lucky enough to have that on a weekly or daily basis you would be able to achieve a lot but as we know gambling is uncertain, focusing on doubling your stake might not really give you an edge over the market but at least you wouldn't have too much losses

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August 04, 2024, 11:10:52 AM
 #73

If I have a chance to win big money, I will not chase more winning because that is enough for me to enjoy the money. I am happy with a 100% return and will not trying to keeps playing gambling just to achieves 1000% return because that will be a bad idea for me. I am not sure I can get more especially if I already gets the big win money before. I prefer to quit gambling immediately and withdraw my win money than to keeps playing gambling because that can makes my emotion becomes high and I can hold it.

We don't have to chase more big win if we already gets that money because the important thing is we win much money and we need to withdraw the money. Even if that is 50% return of my capital, that is enough for me and I will not playing gambling and only takes my wins out from my gambling account.

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August 04, 2024, 11:22:16 AM
 #74

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.

Basically everyone must like it if they get free money or get a large amount of money with little effort, and maybe I would say that people who managed to win 1000% of their capital are one of the luckiest people in the gambling world, there is nothing wrong with choosing something much bigger than the minimum, because even though at first glance it looks very difficult but as you said that does not mean it is impossible. This is gambling where everything can come unexpectedly.

So just choosing is not a problem, but what will be a problem is when you try to justify all means to achieve that 1000% profit, because even though it might happen but we all will never know when luck will come, and it is also proven that in some cases what always triggers problems is because someone who always tries to force their hopes to get a big win, remember that victory is not to be pursued regardless of even if for example you are quite good at betting, because the pursuit process is very likely to mess up all your money management and psychological planning.

Not too lucky, in my opinion, as I can personally say based on my experience that I have achieved x10 of my initial bankroll as a return. It's just that, in reality, it doesn't happen all the time or even most of the time since we are talking about x10; even x2 is harder due to the house edge, so we have to be lucky to win. However, at the end of the day, we have to realize that if we are consistently gambling, eventually we will still lose in the long run. So if we win x10, we have to enjoy that, as most likely the next time we gamble, we won't win anymore.

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August 04, 2024, 11:40:14 AM
 #75

If I actually want to bet on some game, it could be that it's only $20 I want to spend. After I deposit the $20 and stake on some odds, if it's a running game, I will have to allow it and focus on doing other activities for that day. If maybe at the end of the day I checked the game and found that it was successful, I will just withdraw my winnings and leave. Sometimes I will just reserve a small amount in my balance, which I can use next time. If at the end of the game there was no success, I wouldn't bet again until next time too. 

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August 04, 2024, 11:42:08 AM
 #76

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.
Of course, how much profit a gambler is happy with on a bet will depend on his financial condition. If a gambler is in a very bad financial condition and gets a huge amount of profit in that bad position, no one will be happier than him. On the other hand, the gambler who does not have any problem with money, of course, if the gambler gets profit or loses, there will be no change in his financial condition.  In this case, he has no room to feel happy or sad.

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August 04, 2024, 12:03:36 PM
 #77

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.











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August 04, 2024, 12:04:20 PM
 #78

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.
When I am gambling, even with little profits, I do stop gambling for that moment. I don’t have to wait till I make 100% profit before I stop gambling sometimes. If I can make like 20%–50% profits, then I will be fine, but if I make more, I will still take it. Trying to make a 1000% return is just kind of hard, and you will find it difficult to get that kind of return, so the more you keep on trying it, the more you keep on losing, so sometimes if you have made little profits, it’s just better to be satisfied with it. If you keep on trying to win big, you might not be able to do that, rather, you will be losing.
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August 04, 2024, 12:15:40 PM
 #79

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.
When I am gambling, even with little profits, I do stop gambling for that moment. I don’t have to wait till I make 100% profit before I stop gambling sometimes. If I can make like 20%–50% profits, then I will be fine, but if I make more, I will still take it. Trying to make a 1000% return is just kind of hard, and you will find it difficult to get that kind of return, so the more you keep on trying it, the more you keep on losing, so sometimes if you have made little profits, it’s just better to be satisfied with it. If you keep on trying to win big, you might not be able to do that, rather, you will be losing.

Quit or stop on the time or moment that you would really be finding yourself on a losing situation on which it would really be that recommended that you should really be that sensible or be wary on the actions that you would really be taking and not really just that making yourself having that kind of impulsive approach. Usually people would really be that turning out to be that too emotional on the time that they will really be losing up their money. This is why it would really be that recommended that you should really be having that kind of control on the time or moment that you neither double your money or you have lost it all.
Its important that you should really be having that kind of control and moderation specially when dealing up with gambling. Never ever aim on becoming that profitable because this would be the reason
on why they are really that messing their lives.

For me, whenever i do play gambling then i do really always stick into my budget whether im losing or winning. When it comes to winning side then on the time or moment i do find myself on gaining
then x2 would really be ideal but cant really be denied  that there would really be times or moments that greed would really be having that kind of urge on which is why it would really be that
resulting for you to bet even more which it cant really be avoided sometimes.

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August 04, 2024, 01:57:33 PM
 #80

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.
When I am gambling, even with little profits, I do stop gambling for that moment. I don’t have to wait till I make 100% profit before I stop gambling sometimes. If I can make like 20%–50% profits, then I will be fine, but if I make more, I will still take it. Trying to make a 1000% return is just kind of hard, and you will find it difficult to get that kind of return, so the more you keep on trying it, the more you keep on losing, so sometimes if you have made little profits, it’s just better to be satisfied with it. If you keep on trying to win big, you might not be able to do that, rather, you will be losing.

Wait until we can get double profit similar to how we want 1000% profit after crossing double level, can see the gap between percentages and numbers but that is a basic behavior of a person who is winning, no one sees a double chance and will stop, and whoever sees a double also wants a tenfold. The goals and discipline from the beginning were not wrong, but theory cannot be practical action, gamblers always like to expect more on a day when luck is shining but it's really impossible to know if it's luck or just the last smile to welcome the coming crisis.

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