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Author Topic: Are you already happy if you can double your money, or do you want more?  (Read 1634 times)
Tmoonz
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August 04, 2024, 04:40:53 PM
 #81

At most times before getting started we will have a major target but on starting we end up doing different thing entirely as a result of emotions that is attached with gambling under different circumstances which includes when we are winning or when when we are losing, this sinerio case affect our emotions differently hence answering the questions, and relating it to my narrative, any one can be very happy having a double of our money, and for me that should just be fine as wanting more can possibly lead to Lossing all that you have and even more.

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nimogsm
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August 04, 2024, 05:20:56 PM
 #82

For me personally, x2 to the balance means that the plan has been completed 100% and there is no point in taking further risks. I have not had the goal of hitting the jackpot for a long time since I no longer believe in it, and I consider multiplying my initial balance a very good result and I can finish game. Discipline is my faithful friend.

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August 04, 2024, 05:25:49 PM
 #83

For me personally, x2 to the balance means that the plan has been completed 100% and there is no point in taking further risks. I have not had the goal of hitting the jackpot for a long time since I no longer believe in it, and I consider multiplying my initial balance a very good result and I can finish game. Discipline is my faithful friend.
the plan is completed if you withdraw it and secure your capital.
But if it is still in your gambling account, then nothing is done because it will remain in play or at stake.

and you also don't have a goal to hit the jackpot, then you just need to stop and take everything.
But if there is still hope, only use those profits to try to hit the jackpot, even if the odds are very small.

 
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Sunderland
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August 04, 2024, 05:29:54 PM
 #84

For me personally, x2 to the balance means that the plan has been completed 100% and there is no point in taking further risks. I have not had the goal of hitting the jackpot for a long time since I no longer believe in it, and I consider multiplying my initial balance a very good result and I can finish game. Discipline is my faithful friend.
the plan is completed if you withdraw it and secure your capital.
But if it is still in your gambling account, then nothing is done because it will remain in play or at stake.

and you also don't have a goal to hit the jackpot, then you just need to stop and take everything.
But if there is still hope, only use those profits to try to hit the jackpot, even if the odds are very small.
I think it depends on what type of gambling we play, for example:
On sports - I will definitely stop after won 100% - 150% of the starting balance.
On casino/slots - this depends on playing time, if I get 100% profit in a short time/less than 60 minutes, usually I will still continue playing.
Being greedy when gambling is normal and it doesn't matter as long as we can control our emotions and know when to stop, whether we win or lose.

back to work
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August 04, 2024, 08:25:00 PM
 #85

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.
Any profit is good if you ask me, as gambling is one of the few entertainment options out there that can allow you to leave the casino with more money than what you had at the beginning of your session, and at least to me that is great, so I am not really looking into getting a specific amount of profit I want to earn every time I gamble, as the moment you create those kind of expectations for yourself, the more likely you are to chase your losses once things do not go your way.
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August 04, 2024, 08:28:32 PM
 #86

For me personally, x2 to the balance means that the plan has been completed 100% and there is no point in taking further risks. I have not had the goal of hitting the jackpot for a long time since I no longer believe in it, and I consider multiplying my initial balance a very good result and I can finish game. Discipline is my faithful friend.
the plan is completed if you withdraw it and secure your capital.
But if it is still in your gambling account, then nothing is done because it will remain in play or at stake.

and you also don't have a goal to hit the jackpot, then you just need to stop and take everything.
But if there is still hope, only use those profits to try to hit the jackpot, even if the odds are very small.
Of course, if I get a profit, then I immediately withdraw the funds away. But to be honest, I don’t remember for a long time that I was tempted to play even if I already had a profit. I made such mistakes at the very beginning, when I still wanted excitement and had little experience and lack of understanding consequences. Today there is control and discipline and there are no impulsive decisions that would help reset my balance.

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August 04, 2024, 08:39:54 PM
 #87

Probably what I would say when it comes to first days of any gambler is surely choosing to keep playing even when you double your money because of the wrong thoughts about the facts of gambling, lack of understanding and no experience. For me personally, I never felt happy when I started gambling and doubled my balance, I always go for more until blowing off all my balance and regretting just after.
However, this perspective has changed a lot since then, after going into addiction and learning about gambling, then it became only a fun activity and a way to enjoy my time. Now, even with small profits, I feel so happy and say it is enough for today, enjoying that profit somehow, and with that I have learned self control without any greed.

In the other hand, some games are different than the others when it comes to feeling happy about the return as much as it relays to the time played, risk and odds.

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August 04, 2024, 08:53:36 PM
 #88

Doubling your money via gambling as an EXPECTATION is unrealistic. Why? Because you can't set a certain goal when going in in gambling anyway or otherwise you fall in the bad practice of gambling of chasing profits. This can lead to ruin and ever increasing targets if you keep losing. So I'd say stay humble. The only goals you should be setting are your max spend every week/month or so based on your disposable income and current needs.

If you manage to not exceed it and still win, good on you and all my blessings. But don't spread yourself too thin or you could find your gambling hobby turning into a habit and affecting your life in serious ways potentially. So really to those seeing gambling as a chance to earn, I'd say take a step back and rethink these things. We need to take it easy and have fun.

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August 04, 2024, 09:01:33 PM
 #89

Being a gambler myself, I do realize that people come from vastly differing financial circumstances, some purely for the fun element and some very professionally. As for the profit target, I also understand that in gambling there is this common tendency to always want more and more winning all the time.

In actuality, profit targets while gambling can be quite different. I'm thrilled if I can make a 100% profit. That alone is a very good and gratifying result. But then again, there is always this itch that wants to make profits of up to 1000%.

It's hard to be content with a win while gambling. Because after you've met a goal, there's something inside that tells you to keep going and try to get even more. This is one of the things that makes gambling difficult: wanting to stop but also wanting to keep winning more.

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August 04, 2024, 09:12:34 PM
 #90

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 am usually a casual gambler and use a moderate wager, round 1-2$ per blackjack play or dice roll, so for me it is very unlikely to reach a 100% of profit over my total gambling budget. Let us assume I have a good streak and I manage to turn 10$ into 20$, that would be a theorical 100% of yield off the session. Would I feel like quitting? Probably not and thus come the problems of bankroll management.
If I allowed greed to kick in, then I would find myself trying to turn those 10$ into 30$ or 45$, before logging out of the account, though, because of how laws of chances work, we all know it is more likely I would fail to do so and end up losing more of my initial budget.
the most difficult thing to do as a winning gambler is to know when to quit and how.

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August 04, 2024, 09:51:52 PM
 #91

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.
Generally speaking, I'm pretty much content with whatever I bag after a gambling session. To me everything, even a single dollar that is won is a winning in itself, and if I'm already at threshold I wouldn't go out of my way to drop that advantage and would make sure that even that dollar I got from gambling is saved.

Like what I said in a prior post, most of these issues you suffer from as a gambler are pretty much self-imposed, some things that you could've avoided if you know how to gamble in the first place, and I mean mentally. Most of the peeps I know who gamble for entertainment, myself included, do not have these problems, so it's pretty much just across a certain demographic, particularly those who still sees gambling, even if just remotely as some way they could bag easy profits.

See the difference for yourself and switch perspectives for once, you'll thank me so much for it I swear to you and your grandma.

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August 04, 2024, 10:02:21 PM
 #92

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.

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August 04, 2024, 10:11:49 PM
Last edit: August 04, 2024, 10:25:51 PM by 2Pizza410000BTC
 #93

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 answering from my personal point of view, I gamble mainly for entertainment, I never take part in gambling to make money except for entertainment. Also I don't regularly participate in gambling I only participate in recreational gambling occasionally. There are many people who regularly participate in gambling, they participate only to earn money. Also I use a fixed budget of income for gambling that I don't spend extra money outside of that budget.

Now coming to the main point although there are many people like me and me who gamble for fun they don't want to lose they definitely want to win because people like to lose very little. If I ever get a 100% return on gambling or the amount of money I spend, I never expect more. For example, if I spend $50 on gambling, I don't need to earn more as long as I get my $50 back because excessive gambling is also a major cause of gambling addiction.

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August 04, 2024, 10:38:07 PM
 #94

I am interested to know your personal perspective and experience as well. I understand that as gamblers, we have different financial statuses in life.
Well, in this case, sometimes every gambler has a number he thinks he is satisfied with. For example, a gambler poor wins $1-5 , they feel satisfied and stop for a moment to enjoy their wins. And for a rich gambler getting $100 won't be satisfied, and at least having a $500-$1000 score, they're only content with the winning outcome.

Quote
How realistic is your target profit when gambling?
After getting some experiences in the past, I never expect a 1000% win but 100% has made me feel satisfied with the results of the win and stop for a moment to enjoy the results of the win. But it depends on the amount of budget I use to bet. At least a budget of $50 is enough.

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August 04, 2024, 10:43:02 PM
 #95

For me personally, x2 to the balance means that the plan has been completed 100% and there is no point in taking further risks. I have not had the goal of hitting the jackpot for a long time since I no longer believe in it, and I consider multiplying my initial balance a very good result and I can finish game. Discipline is my faithful friend.
That's actually a good mindset as there's no high assurance that we will continuously win in gambling. x2 is already good enough, if you won't be contented with that, you will probably end up losing all your funds instead.

The challenge in gambling is not really winning huge amount, but on how to keep disciplined with all your winnings you have, or even when it comes to losses. If you want to enjoy gambling and get entertained, don't be greedy with too much profits, be contented even with small but consistent profits, it works well on me, I'm sure it will also work for others.

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August 04, 2024, 10:58:24 PM
 #96

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.
Let me tell you a simple story that can best help you answer this question.

Way back when I hard a courson in the University, he was in a financial situation with his fees, and no other way to make the payment and exams were around the corner, so that Saturday there were matches lineup for the weekend, so I decided to take a risk with the last money I hard on me that time, and I was so luck to have tripled that amount is multiple folds that pay off the fees and I still have left over to pay a few bills, this got me excited to say yes, I am happy to have double the funds and being able to sort out my courseon financial needs.

But hard it been I did not take such risk, I don't know what could have happen to the guys acedemic pursuit by now.

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August 04, 2024, 11:18:18 PM
Last edit: August 04, 2024, 11:35:25 PM by DubemIfedigbo001
 #97

Gambling for fun is more inferred than actual, it's just a clause developed to remove emotional attachment in gambling activities. Just so you know gambling for fun entails developing a mentality that you don't gamble expecting anything from the casino.

Everybody loves to get gains right? But focusing more on the gain aspect of gambling would release some emotional intensity that can lead to serious funds loss, hence you gamble for fun.

Statically, I make $65 weekly from my signature campaign and monthly that should be $260. I ensure that I fund my balance with not more than $7 every weekend after payment and try my luck. Making extra $4 from it is good for me, although sometimes it's more and I lose it all sometimes too.

Turning my $7 to $11 is a good result for me as I'm always on the watch not to gamble with more than 10% of my income from the casino and I'll have to save the rest.

Note: I've not always been this meticulous with funds in gambling, but after my depression and serious funds loss from gambling addiction, I got wiser.











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August 04, 2024, 11:30:49 PM
 #98

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.
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.

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August 05, 2024, 07:32:48 AM
 #99

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.
1000% return seems to me a bit too high. A gambler should be content with some profits. We should be too greedy because ones greed sets in, we might end up losing. For me, I just prefer using the 100% return for my games. Ones I make double of what I had placed, I just exist the gambling. Except for sport bets though. I sometimes let the whole game stop play off one I place it. I usually wait till the end. Since I most time trust my games. But when it comes to casino games I just take double of what I had placed and find another good game to play on.

R


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August 05, 2024, 07:57:07 AM
Last edit: August 05, 2024, 07:44:20 PM by AmoreJaz
 #100

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.
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. Sometimes you need to be contented for what you have before you wrecked your bankroll. I understand, happiness is a state of mind where every gambler has their own take on this. But you should gauge your financial situation before you plunge into debt because of your greed.

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