Why Do We Only Set Loss Limits But Never Winning Limits?

[Ziskinberg]

Don’t we all know that greed leads to losses in gambling? That greed kicks in when we don’t set a target making us keep playing even when we’re already up, until our luck runs out and we end up losing. Can’t we see that? Maybe that’s the reason we don’t win because we don’t know when to stop.

I’m sure the regular gamblers here have experienced this before -- that moment when you say to yourself, "I should’ve just stopped… I could’ve walked away with my profits."

Who can relate?

[salad daging]

Have felt this in the past, from winning to finally losing money is not left in the casino account.

The problem is that there are still many gamblers who believe that when they win they want to continue playing because they feel that luck is still there - because there is a sense of curiosity to end up playing and not realizing that the winnings have been used up again due to defeat.

It should always set limits to win, whether you want to win/lose, there must still be limits, don't trust the instinct that says luck is there again because you never know.

[Z390]

It doesn't take too long for lucks to run out when gambling, one second you keep racking in money and another second everything start to decrease right in front of your face.
It's not because of greed is why people don't win, greed isn't generally that bad or evil, you just have to apply it right, but not in gambling for sure, knowing when to stop keeps you in control.
When you win some money, it's the best time to stop gambling.

Also when you lose all your money it is the best time to leave as well.
Don't even think about anything, just quit instantly and wait for another day, acceptance that gambling is based on luck is what many people don't want to accept, and they knew about luck already but some people feels special or different, thinking they are some kind of gambling guru.

[Ruttoshi]

Everyone is gambling so that they can win, and that's why when they're on the winning streak, they forget that, their bet can turn in the opposite direction the next minute. This is why whatever profit that you have seen, you should stop the game and walk away, otherwise, you will lose it all, and regret it.

What I do is that, I set a time limit for my gambling activities and I also have a gambling budget. Whenever, I am gambling and my time limit is exhausted, I quit the game no matter if I'm losing or in profits. If you don't set limits for yourself, your might end up losing all your bankroll in a session.

[btc_angela]

Don’t we all know that greed leads to losses in gambling? That greed kicks in when we don’t set a target making us keep playing even when we’re already up, until our luck runs out and we end up losing. Can’t we see that? Maybe that’s the reason we don’t win because we don’t know when to stop.

I’m sure the regular gamblers here have experienced this before -- that moment when you say to yourself, "I should’ve just stopped… I could’ve walked away with my profits."

Who can relate?

I had this moments earlier, I deposited initially lost, and so I make a second deposit and then I was able to recover, and on the 3rd spin, I was playing roulette by the way, I won and so I have some winnings already.

But I didn't stop until I lost again, good thing that I was able to control not to deposit again.

I don't know why I didn't stop when I have my goal reached already win I already won some. And the last thing I remember is that I could have still won more but unfortunately I didn't, maybe it was greed that really took over my mind.

[Wapfika]

Don’t we all know that greed leads to losses in gambling? That greed kicks in when we don’t set a target making us keep playing even when we’re already up, until our luck runs out and we end up losing. Can’t we see that? Maybe that’s the reason we don’t win because we don’t know when to stop.

I have my limit for my loss and profit but I’m still frequently losing because of the losing streak that usually consume my bankroll.

Gambling is about hitting first winning streak or  losing streak that will decide the outcome of your game. Losing has higher chance to come first because of the house edge and that’s the common reason why we don’t win frequently.

The greediness on the other hand is other cause on why some gamblers can’t win but most of the time the losing streak is what makes gamblers lose.

[Davidvictorson]

Don’t we all know that greed leads to losses in gambling? That greed kicks in when we don’t set a target making us keep playing even when we’re already up, until our luck runs out and we end up losing. Can’t we see that? Maybe that’s the reason we don’t win because we don’t know when to stop.

I’m sure the regular gamblers here have experienced this before -- that moment when you say to yourself, "I should’ve just stopped… I could’ve walked away with my profits."

Who can relate?

I can relate.
The one thing I feel that gamblers don't know how to do is,  knowing when to stop.
The one thing that gamblers must learn how to do is, Knowing when to stop.

To stop is to take your profit and walk away to bet again another time.
To stop is to accept your losses and walk away to bet again another time.

[shield132]

Don’t we all know that greed leads to losses in gambling? That greed kicks in when we don’t set a target making us keep playing even when we’re already up, until our luck runs out and we end up losing. Can’t we see that? Maybe that’s the reason we don’t win because we don’t know when to stop.

I’m sure the regular gamblers here have experienced this before -- that moment when you say to yourself, "I should’ve just stopped… I could’ve walked away with my profits."

Who can relate?

I think it depends on what kind of gambler you are. If you are someone who deposits for example $1000 and goes full mode, then if you are fortunate that day, you should really set winning limit because if you win $5000 with $1000, then it's a good win and it's not necessary to win more, just take the money and go at home but if you are my type of gambler who deposits for example $50 and doesn't care whether wins or loses, then it's not necessary to set winning limits.
I deposit a few dollars and gamble till I lose my money because I want to have fun from gambling and financial benefit is secondary to me. Btw if I win a jackpot, of course I'll stop gambling and immediately withdraw it.

[Russlenat]

But I didn't stop until I lost again, good thing that I was able to control not to deposit again.

I don't know why I didn't stop when I have my goal reached already win I already won some. And the last thing I remember is that I could have still won more but unfortunately I didn't, maybe it was greed that really took over my mind.

You really need to learn from your experience, otherwise, you’ll waste the chance to win. The problem is, you don’t know when to stop. Typical gambler mentality, I guess. That’s why we must instill discipline; it’s the only way to keep greed in check. Of course, who doesn’t want to win? But we can’t beat the casino by playing for hours, unless the game’s outcome depends on skill, which usually it doesn’t.

[freedomgo]

This is such a common experience for gamblers. Whether we win or lose, that emotional high sticks with us, making it hard to walk away. Greed is just human nature, but when you lose control, it’s a different story. You’re no longer following a winning strategy; instead, you’re chasing the thrill until you’ve burned through all your money. In the end, all that effort is wasted, and you’re left with nothing. It might be okay if you at least enjoyed the ride, but losing? That never feels good.

[Oshosondy]

This has happened to me several times before when I was very addicted to betting. I can start the day good and probably have won severally that day but later I will start to lose, lose all my profits and start losing my money and end up losing all the money. But this was over after I quit the addiction few years ago. If I win now, I stopped gambling. Also if I lose, I stopped gambling. Both has really helped me.

[Wexnident]

~

Ehhhh can be because some people set a really significant amount as a cap. E.g. a million you can say. Technically still abides by the rule, but haven't really achieved yet. Honestly that's where my mind went to first when I read the title but a bit more dumb in logic since I expected the context to be stopping only because you've reached your goal and I was like, "bruv I can't even reach double my money, let alone money I can use to retire for myself".

Personally don't set such a thing, just max cap on losses instead. I'm more than down actually to lose all my money as long as I own up to actually spending it on gambling (and that I do spend it on gambling). Gotta agree on the not winning part though but hey as I said, different goals. To profit is just the bare minimum in some peoples mindsets (which it is tbf).

[Zigabel]

Don’t we all know that greed leads to losses in gambling? That greed kicks in when we don’t set a target making us keep playing even when we’re already up, until our luck runs out and we end up losing. Can’t we see that? Maybe that’s the reason we don’t win because we don’t know when to stop.

I’m sure the regular gamblers here have experienced this before -- that moment when you say to yourself, "I should’ve just stopped… I could’ve walked away with my profits."

Who can relate?

Most definitely we probably all do know the impact of greed in gambling but the zeal to not allow it interfere with our gambling emotions if one of our greatest challenge. sometimes we may have set targets but then when we win and loose we seem to panic and then we may try to double up or try to get more because we usually want more because we may be thinking that we now so good and want to try more attempts at it only will expose you to even more dangers of loosing and you never can tell because gambling is basically about luck and so its one in which we are not going to completely put all our hopes on at once.

I have an experience with all of this and so i have a good idea into all of this and how they work at times. sometimes you may actually want to walk away with your profits but then you think that you can still make another profit with another attempt only to loose by the next attempt and then gradually begin to get hooked when you are unable to win because you wan to recover that which you have lost.

[Botnake]

This has happened to me several times before when I was very addicted to betting. I can start the day good and probably have won severally that day but later I will start to lose, lose all my profits and start losing my money and end up losing all the money. But this was over after I quit the addiction few years ago. If I win now, I stopped gambling. Also if I lose, I stopped gambling. Both has really helped me.

Personally, I wouldn’t say I’m addicted to gambling, but losing focus is easy when you’re not a professional. We aren’t trained to handle our emotions, and since winning is so rare, we often make poor decisions in the heat of the moment. But if this keeps happening, it’s a clear sign of addiction, and that never ends well.

[Porfirii]

Don’t we all know that greed leads to losses in gambling? That greed kicks in when we don’t set a target making us keep playing even when we’re already up, until our luck runs out and we end up losing. Can’t we see that? Maybe that’s the reason we don’t win because we don’t know when to stop.

I’m sure the regular gamblers here have experienced this before -- that moment when you say to yourself, "I should’ve just stopped… I could’ve walked away with my profits."

Who can relate?

I can relate, definitely. We are greedy, and we convince ourselves that going on with the game is the best decision even after winning some good money. We rationalise saying things like: "I came here to play", "I started with nothing so I'm losing nothing if I don't win" and things like that.

The problem is that, even if you keep winning, there must be a moment when you decide to stop, or the game itself will stop you with consecutive losses, eventually. And when this happens, we say "I should've just stopped...".

[viljy]

It is very important for a gambler to be able to stop in time so as not to succumb to the temptation that fate is kind to him and he can try to win even more money. Alas, greed can play tricks on a person. Therefore, we should be happy with the winnings that are already in our hands, if the amount won is close to what we would like to win, say, this evening. A bird in the hand is worth two in a bush.

[Awaklara]

Don’t we all know that greed leads to losses in gambling? That greed kicks in when we don’t set a target making us keep playing even when we’re already up, until our luck runs out and we end up losing. Can’t we see that? Maybe that’s the reason we don’t win because we don’t know when to stop.

I’m sure the regular gamblers here have experienced this before -- that moment when you say to yourself, "I should’ve just stopped… I could’ve walked away with my profits."

Who can relate?

The reason is always easy, because the amount of victory will not always be determined. You may be able to double it from the amount you deposit, but it will still require discipline for you to always meet your target.
You mean well, but we know, the limit of victory allows us to be forced to stop. But the limit of victory is only our discipline, that will determine whether to continue the game or stop. Everyone has a different satisfaction in playing.

[bitLeap]

Don’t we all know that greed leads to losses in gambling? That greed kicks in when we don’t set a target making us keep playing even when we’re already up, until our luck runs out and we end up losing. Can’t we see that? Maybe that’s the reason we don’t win because we don’t know when to stop.

I’m sure the regular gamblers here have experienced this before -- that moment when you say to yourself, "I should’ve just stopped… I could’ve walked away with my profits."

Who can relate?

Btw, I use both because every time I win big and if I keep betting, my balance will usually decrease drastically. I don't know why but my assumption from the amount deposited when maxwin means there is no more chance for you to win at the same time. Therefore I am aware of having a win limit. 100% feels reasonable and interesting capital + 50%, the rest I try to bet elsewhere.

[danherbias07]

This is where most gamblers go wrong. Being greedy. I am sure a lot of us are setting our loss limit but we have never thought about the winning limit. I do have one when it comes to slots. Whenever I reach x300 og f my default bet then I withdraw it. If it goes higher than that, then I am happy to withdraw more.

Let's say I am betting for $0.1 each roll in slots. If I hit a multiplier of 300 which is $30 then I gone for good. Maybe play again tomorrow or the next day after that. I think ita important to have this kind of habit to cut losses.

[maydna]

Yes, I have experienced that before so I don't make any target in gambling but will stop gambling immediately. It is enough my losses in the past and I don't want to experience the same. Gambling can give you the win and also the loss so it is up to you how will you treat gambling. If you realize that gambling is just an activity you can do to fill your free time, you should not playing gambling too long and only use the money you can afford.

When you win, you can say stop to yourself and not chasing more winning. You can think that there is no guarantee for you to win more so it is better you stop gambling before your winning is gone.