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Author Topic: Gambling with a winning amount in mind  (Read 2973 times)
Hispo
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August 06, 2024, 04:44:05 PM
 #41

Actually I had not thought about it. But I assume there must be indeed people out there who are gamblers and keep an amount of money in mind while they spin slots or throw dices...
To me, it could be one of the fastest ways to become addicted to gambling or lose all of one's bankroll, because of the implication of the huge expectations the gambler could be creating in their mind.
For example, someone with enough bankroll could spend an hour gambling and win up to 100$, in the eyes of the rest of gamblers that would be a pretty decent earning for a whole session, but since the gambler had a bigger amount in mind (500$, let us say) they decide not to withdraw and call it a day, instead continues to wager until his balance starts to go down and ends up with even less than his initial deposit.

Because of stuff like that I try to have the lowest expectations as possible when I play blackjack or throw dices. It is better to pocket a couple of bucks one was not expecting, than expect hundreds and end up with nothing.

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August 06, 2024, 05:24:25 PM
 #42

:::///:::

Well, a short answer is,,, not all players think the same.

Look, I come from the poker world, and I only played poker (before), now the forum has transformed me and made me part of the HE of the casinos, if I explain myself a little sarcastically with that.

The point is, that even when I was immersed in poker I was a tournament player, but I specialized in sit&Go, they are two very different elements, but in both cases one is not measured in a certain way by a specific amount, one only knows that one has to make ITM, and sometimes you are also in that percentage, but you are not very good in the final stages, I mean you can be making ITM, but you are not in the positions that pay the best, which are usually 1-2-3, even the third can be scarce in compensation.

The thing is, depending on the players and where they play, the process of winning is very complex and it's not just about a specific amount, but about improving your ITM percentage-wise, so that leads you to make decisions or consider game strategies.

A tournament is played in stages, understand me, we all want first place, but the variance is so screwed or things don't go so well that sometimes you go through a tournament survival mode and scratch a little bit to be in cashing positions is the goal.

-/... short story..../-

Anyway, the point is that traditional casino games are so simple to play that there are only two things (think) to do: click... or don't click.
There are more complicated things to think about  Smiley



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South Park
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August 06, 2024, 05:30:01 PM
 #43

I do think that gamblers who take gambling activities seriously have their motivation come from the amount  they envision and hope to win, hence why they remain persistent in gambling instead of quitting after winning a little.

A gambler with a winning amount in mind, gambles much more and can become easily addicted than a gambler just gambling for fun and without a particular winning amount in mind.

In essence the thought process a gambler focuses on during any gambling activities will determine if such a gambler would gamble much more or lesser than normal and also, if such a gambler would become successful at their gambling endeavors.

What are your thoughts?
Both are susceptible to become addicts if they are not careful, so from that perspective I do not think that it makes too much of a difference, however the gambler that is not interested in pursuing a specific amount of money they want to earn will obtain more fun, since instead of suffering for failing to achieve that objective, they will be completely concentrated on obtaining the fun they want out of gambling, which is what everyone that is gambling should be doing anyway.
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August 06, 2024, 05:34:43 PM
 #44

I do think that gamblers who take gambling activities seriously have their motivation come from the amount  they envision and hope to win, hence why they remain persistent in gambling instead of quitting after winning a little.

It’s always important to set targets, my friend. Be it gambling or any other profession, if you don’t have a goal or target, then you won’t get motivated to do the task. This similar thing happens with gambling also. If I aim for $100 profit, then no matter how many days it takes or how many bets I have to place, I will continue gambling until and unless the target is reached. Hence, I highly appreciate these types of gamblers who have a calm and clear mindset. They know when to stop gambling and take a break.

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August 06, 2024, 05:51:36 PM
 #45

What are your thoughts?
I don't see anything wrong if a gambler is expecting to win a certain amount. I have a gambling mate whose expectation is to win big so that he can finance his studies abroad. He is not a gambling addict but believes that one day he will hit a jackpot. He gambles when he can afford to lose, which is commendable. It will become a problem when a gambler begins to do everything possible to meet his target. Such an individual would chase losses and even borrow to gamble because he wants to achieve his aim. Gamblers who see gambling as a major source of income are prone to a gambling addiction, but having an expectation is not wrong.

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August 06, 2024, 06:18:00 PM
 #46

The truth of the matter is that most gamblers do have the belief they walk out of a gambling house with money, not without money. That's the reason why you see most gamblers spending enough time and spending their last money on bets, all because they are anticipating a jackpot out of their gambling activities for the day.

No gambler would easily accept the fact that they are not going to win a single bet before the end of the day if they staking up to $50 or more in a day. The mindset of winning is what has been in the mind of every gambler. That's why most gamblers probably assume a situation of betting with a small amount, they can be going home with a huge amount to sort out some bills for himself

 
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August 06, 2024, 07:15:28 PM
 #47

I do think that gamblers who take gambling activities seriously have their motivation come from the amount  they envision and hope to win, hence why they remain persistent in gambling instead of quitting after winning a little.
Because they are not satisfied with the little they have won, they will always want to win more, no matter the amount they have won, so at the end, most of them are always losing because they just always want more.

A gambler with a winning amount in mind, gambles much more and can become easily addicted than a gambler just gambling for fun and without a particular winning amount in mind.
If you are gambling for the sake of money, then you are likely going to end up being addicted to gambling because you won’t be able to stop gambling either when you are winning or losing. If you win, you will always want to increase the amount you have won, and if you lose, you will always want to win back your loss. If you are lucky enough to be able to win back your loss, you won’t stop gambling. But if you gamble for fun, then you will always know when to stop.

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August 06, 2024, 07:21:07 PM
 #48

What are your thoughts?
I agree with the thought that those gamblers who gamble to make a particular amount as profit are more likely to get addicted to it than the ones who just gamble for fun.

I personally gamble for fun and if my luck favors me then I make profit with my bets but if it isn't in my favor then I lose some money.

Both of those are okay for me because I don't gamble to win or to make money but I feel happy by betting on the events. I enjoy each bet not matter if it's a winning bet or a losing one.

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August 06, 2024, 07:32:32 PM
 #49

I do think that gamblers who take gambling activities seriously have their motivation come from the amount  they envision and hope to win, hence why they remain persistent in gambling instead of quitting after winning a little.

A gambler with a winning amount in mind, gambles much more and can become easily addicted than a gambler just gambling for fun and without a particular winning amount in mind.

In essence the thought process a gambler focuses on during any gambling activities will determine if such a gambler would gamble much more or lesser than normal and also, if such a gambler would become successful at their gambling endeavors.

What are your thoughts?

Setting a target to be achieved in gambling is quite overambitious in my opinion. First of all gambling is just based on uncertainty and luck having a high expectation is a wrong approach because you might start getting obsessed and delusional with it. Gambling should be played for fun purposes only, budgeting a certain amount of money when it hasn't played out is very outrageous. The game is all about taking risks and luck. Do not expect too much, stake responsibly and enjoy the game
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August 06, 2024, 07:35:39 PM
 #50

I do think that gamblers who take gambling activities seriously have their motivation come from the amount  they envision and hope to win, hence why they remain persistent in gambling instead of quitting after winning a little.

A gambler with a winning amount in mind, gambles much more and can become easily addicted than a gambler just gambling for fun and without a particular winning amount in mind.

In essence the thought process a gambler focuses on during any gambling activities will determine if such a gambler would gamble much more or lesser than normal and also, if such a gambler would become successful at their gambling endeavors.

What are your thoughts?

I think if you are playing a skilled game in gambling then it is a good idea, as long as you are improving every day sometimes you can take a dip up and down as the variance plays out. Having a target can help, as long as it's very loose because it should indicate through a trend that you have gotten better at the game. If you try to create a winning target in a non-skilled game that is just reliant on a random number generator that is weighted in the favor of the house, it is a very bad idea as you will chase losses downwards and possibly never recover. If there is zero skill in the game you are purely hoping that the random number generator pulls off a stroke of luck in your favor before you wipe out any chance of reaching the target and each extra play works against you.

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August 06, 2024, 07:39:12 PM
 #51

Having a particular amount could also be good because once he eventually gets that amount the gambler may quit gambling for that day. Although it has both negative and positive effects on a gambler. When he chases wins and never gets the win, he continues to chase the wins and before you know he might end up losing all his money. And that could make him addicted to gambling. On the hand if he has a particular amount in mind and he wins the amount with one or few tries he would quit because he has the money and is satisfied with the wins. However, any other day he would repeat the same thing and it may not favor him. In conclusion, both ways can make him addicted if he continuously gambles with a specific amount in mind.

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August 06, 2024, 07:47:08 PM
 #52

What are your thoughts?
I agree with the thought that those gamblers who gamble to make a particular amount as profit are more likely to get addicted to it than the ones who just gamble for fun.

I personally gamble for fun and if my luck favors me then I make profit with my bets but if it isn't in my favor then I lose some money.

Both of those are okay for me because I don't gamble to win or to make money but I feel happy by betting on the events. I enjoy each bet not matter if it's a winning bet or a losing one.
If all this really be true, then it simply means that you are not really spending much on gambling, or risking much rather, maybe you usually do not spend any amount above $5 on bets or to gamble, or maybe you don't even gamble at all or frequently.

I am of the believe that except one be very rich, gambling is not entirely fun without some winnings from time to time, this i am saying from or based on personal experiences, the joy in gambling is that one win and lose, and human psychology have even made it easier for us as we dont usually count our loses to compare it with our winning to determine if we are loosing more or winning more, we just continue to gamble as long as we are having some winnings from time to time.

So for me, even as much as gambling is meant to be for fun, no body enjoys losing money, and losing money all the time is not fun, if you ask me.

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August 06, 2024, 07:54:05 PM
 #53

I do think that gamblers who take gambling activities seriously have their motivation come from the amount  they envision and hope to win, hence why they remain persistent in gambling instead of quitting after winning a little.

A gambler with a winning amount in mind, gambles much more and can become easily addicted than a gambler just gambling for fun and without a particular winning amount in mind.

In essence the thought process a gambler focuses on during any gambling activities will determine if such a gambler would gamble much more or lesser than normal and also, if such a gambler would become successful at their gambling endeavors.

What are your thoughts?
Both are susceptible to become addicts if they are not careful, so from that perspective I do not think that it makes too much of a difference, however the gambler that is not interested in pursuing a specific amount of money they want to earn will obtain more fun, since instead of suffering for failing to achieve that objective, they will be completely concentrated on obtaining the fun they want out of gambling, which is what everyone that is gambling should be doing anyway.
In gambling we must have a goal or target to achieve. In addition, we must be able to manage when to stop and the amount of money to be spent each time gambling. Because without this goal, of course our gambling ends without direction, resulting in addiction.

The potential for addiction for every gambler is of course you, because gambling always makes us imagine getting a jackpot so that before getting the jackpot makes us continue to chase it. However, if you already have a goal, all of that can be controlled, especially losses and even gambling addiction. Of course it's true as you said, it all comes back to each individual's perspective in gambling so that we can enjoy our gambling game or have fun even though we fail to achieve our goals when gambling.
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August 06, 2024, 08:00:10 PM
 #54

I do think that gamblers who take gambling activities seriously have their motivation come from the amount  they envision and hope to win, hence why they remain persistent in gambling instead of quitting after winning a little.

It’s always important to set targets, my friend. Be it gambling or any other profession, if you don’t have a goal or target, then you won’t get motivated to do the task. This similar thing happens with gambling also. If I aim for $100 profit, then no matter how many days it takes or how many bets I have to place, I will continue gambling until and unless the target is reached. Hence, I highly appreciate these types of gamblers who have a calm and clear mindset. They know when to stop gambling and take a break.
It is true that gamblers do have profit targets but only few of them can achieve their targets and that was done by luck. No one knows the amount of money that our luck will bring to us on a particular day and if your target is above your luck, it means that you will lose the amount that your luck will bring to you because you are expecting more and that will make you to continue gambling.

I find it difficult to accept the fact thay gamblers who have profit targets will know when to quit the game because they already have an amount that they want to profit from gambling on that day which might not come to pass because no one knows when your luck will shine if not all gbkers will stake with a huge amount of money to hit it big once.

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August 06, 2024, 08:09:13 PM
 #55

Whether gambling or investing in securities, it’s always a good idea to have an exit point if you’re in it for the money. Probably more with gambling than investing, because gambling will always end up taking your money given enough time. Having an amount you’ll get out gives you a way to bank profits before you get caught up.

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August 06, 2024, 08:15:49 PM
 #56

If all this really be true, then it simply means that you are not really spending much on gambling, or risking much rather, maybe you usually do not spend any amount above $5 on bets or to gamble, or maybe you don't even gamble at all or frequently.
Yes, that's true, I don't spend a lot of gambling and sometimes I don't gamble for weeks while other times I spend at most around $50 to $100 for gambling because I believe in the fun part of it not in money making part of it. I must say that I do place higher amount bets on sport events but only when I do my research well.

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August 06, 2024, 08:29:55 PM
 #57

What are your thoughts?
  From your expression, you are not a gambler so even we discuss gambling activities here, you won't understand. And there are two platform a gambler can use. Either sport or casinos like slot and spin. In sport there is a target to win which is clearly showing in the bet. But along the line you can cash out if you wish. But in general if a gambler has a specific amount which he has targeted to win in his life, it is not possible because that should be an imaginative work of the mind.

If a gambler has a target to win in general then that should be millions or billions of dollars but it is not. Though lucky ones can win millions but that is not the targeted amount but just a lucky amount for him. And if it is a slot or spin then you only win randomly.

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August 06, 2024, 08:33:12 PM
 #58

Whether gambling or investing in securities, it’s always a good idea to have an exit point if you’re in it for the money. Probably more with gambling than investing, because gambling will always end up taking your money given enough time. Having an amount you’ll get out gives you a way to bank profits before you get caught up.
The expected exit point is sometimes not really taken advantage of, even when big wins have already appeared and there is still greed to keep playing.
Such gamblers are still not satisfied with their first victory.

Gambling that is based on investment that then uses the right strategy, it can be applied, but it is not easy to get out if luck is still not fully owned.
If the goal is investment, why not just trade as usual or maybe just want instant profits with a small capital.

There are many people who get stuck in gambling because they don't know how to get out,
and they miss opportunities when they get a sizable profit, but still survive and keep playing.
It will indeed be endless and will only end in defeat and without any victory.

 
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Davidvictorson
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August 06, 2024, 08:33:47 PM
 #59

I do think that gamblers who take gambling activities seriously have their motivation come from the amount  they envision and hope to win, hence why they remain persistent in gambling instead of quitting after winning a little.

What are your thoughts?
Everyone hopes to win something but saying they have a winning amount in mind is something I do not agree with. It may be possible in sports betting, however in games like slots or some.other casino games of luck, no, I don't believe that. I hope to win some money but not a particular because that is out of my control. What's in my control is responsible gambling.

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August 06, 2024, 09:10:56 PM
 #60

What are your thoughts?
  From your expression, you are not a gambler so even we discuss gambling activities here, you won't understand. And there are two platform a gambler can use. Either sport or casinos like slot and spin. In sport there is a target to win which is clearly showing in the bet. But along the line you can cash out if you wish. But in general if a gambler has a specific amount which he has targeted to win in his life, it is not possible because that should be an imaginative work of the mind.

If a gambler has a target to win in general then that should be millions or billions of dollars but it is not. Though lucky ones can win millions but that is not the targeted amount but just a lucky amount for him. And if it is a slot or spin then you only win randomly.
Fortunately, I do both sport betting and casino gambling, although the absence of football matches that am familiar with like matches of the EPL, la Liga, Champions League and Europa league cup has become a hindrance to how much resources and time I spend betting on sports, mostly football, so I mainly stick to online casinos for now.

The point I tried to make is how I envision winning some good thousands having started with a small sum in range of a few hundreds. I like to think that I play more when my winning gets high and the target I have in mind looks achievable with more playtime. Most times I think I become addicted that I no longer have much to do other than gamble away.
I notice I play more and can't even stop thinking about the game until I resume again, that's when I nearly hit the target amount in my mind. I get motivated to try more because it could well be a lucky day if I could win a decent amount that's not even up to the estimate I had in mind.

To gamble responsibly is the best advice and am sure it is wiser to gamble without restrictions in the form of having a winning amount in mind but rather to gamble for the fun of it.

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