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

[Fiatless]

In my opinion, it is because that when it comes to gambling is that the chance of a gambler loses is not low so you will only see a loss limit and never winning limit. It's not like you will dee everyday that someone won a lot of money and need to have winning limit yet we know it's unlikely to happen. Casino owners won't even bother put a win limit when it comes to gambling since many people will become greedy and will most likely gamble all the money.

In my own view, if you don't have some rules that guide your gambling activities, you might become uncontrollable. It is easy to have a loss limit since you are putting in your money. But when it comes to winning, we just want more so there is no need for setting limitations. But having a limit you will gamble no matter how much you have won is important. In my own case, no matter the amount I won, it would immediately walk away if I got to my gambling limits for the day or week. Having the consciousness that a single win is regaining part of your losses overtime is important to me.

[Ararbermas]

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?

believing you can still make a lot of money and being over confidence is the real reason why gambler end up losses instead of having a wining days.  That's the truth, and no one can deny of it especially those who are not satisfied of the results and realy wants to achieve a specific amount before they stop betting, because they are the one who always regrets afterwards. Lol

For me to be honest, It's actually useless even you know how to set limitbut you don't know how to control your emotions, that's the reason of exceeding or making the results to negative after good results.

[Shinpako09]

Nah, not for me. I always set limits on both, even before. But there are times when I really can’t stop myself, especially when I’m on a red streak. I’ll try to recover, thinking I can do it, maybe because of the emotions too.

It’s the same when I’m winning. Even if I reach my quota, I’ll still try to surpass it and hit at least one more green. But there are also times when I actually stick to it, then I have to divert my focus to other things like playing games, watching videos, reading, or anything that can help me think of something else until I calm down.

[laijsica]

In my opinion, it is because that when it comes to gambling is that the chance of a gambler loses is not low so you will only see a loss limit and never winning limit. It's not like you will dee everyday that someone won a lot of money and need to have winning limit yet we know it's unlikely to happen. Casino owners won't even bother put a win limit when it comes to gambling since many people will become greedy and will most likely gamble all the money.

In my own view, if you don't have some rules that guide your gambling activities, you might become uncontrollable. It is easy to have a loss limit since you are putting in your money. But when it comes to winning, we just want more so there is no need for setting limitations. But having a limit you will gamble no matter how much you have won is important. In my own case, no matter the amount I won, it would immediately walk away if I got to my gambling limits for the day or week. Having the consciousness that a single win is regaining part of your losses overtime is important to me.

Yes, you should have your own boundaries when gambling, such as your weekly budget and time. Uncontrolled gambling never brings good results and tempts you to lose more. I am aware of examples of gamblers who crossed their boundaries and became addicted. The initial stage is more important for gamblers when gambling because it is at this time that they are more likely to become addicted and fail to do justice to their money. Your chances of winning at gambling will never be high if your luck is not in your favor. Setting boundaries can be difficult for some gamblers, but it is important for them to implement them regularly to maintain discipline.

[xSkylarx]

Having a loss limit allows you to manage your risk before you gamble. But in terms of having a winning limit, you can't really predict it ahead of time. There will be times where you will hit your target in just 5 bets or less and there are also times where you won't earn anything even if your bankroll runs out. If you hit your target early and you still have some capital left, it won't hurt playing more as long as you won't touch your profit until your bankroll runs out. Who knows, maybe you can win some more and exceed your target that day. It's just all about discipline in gambling. Whatever rule or limit you have, if you can't control yourself when greed kicks in then you will likely lose all the money you have in the end.

[crwth]

When I gamble, I set limits for this. I make sure to have a target amount; let's say I gambled $50, and if I make it to $75, I would stop and gamble for another day. This is my way of having winning limits because too much of it might become greedy. It's hard to control yourself and your emotions when feeling invincible. That's the time when you might be coming down.

[dunfida]

In my opinion, it is because that when it comes to gambling is that the chance of a gambler loses is not low so you will only see a loss limit and never winning limit. It's not like you will dee everyday that someone won a lot of money and need to have winning limit yet we know it's unlikely to happen. Casino owners won't even bother put a win limit when it comes to gambling since many people will become greedy and will most likely gamble all the money.

In my own view, if you don't have some rules that guide your gambling activities, you might become uncontrollable. It is easy to have a loss limit since you are putting in your money. But when it comes to winning, we just want more so there is no need for setting limitations. But having a limit you will gamble no matter how much you have won is important. In my own case, no matter the amount I won, it would immediately walk away if I got to my gambling limits for the day or week. Having the consciousness that a single win is regaining part of your losses overtime is important to me.

Yes, you should have your own boundaries when gambling, such as your weekly budget and time. Uncontrolled gambling never brings good results and tempts you to lose more. I am aware of examples of gamblers who crossed their boundaries and became addicted. The initial stage is more important for gamblers when gambling because it is at this time that they are more likely to become addicted and fail to do justice to their money. Your chances of winning at gambling will never be high if your luck is not in your favor. Setting boundaries can be difficult for some gamblers, but it is important for them to implement them regularly to maintain discipline.

Thats why people are minding that much about losses just because its the common occurrence when we do gamble on which its recommended that when setting out limits will be that pertaining about loses. When winning then its unlikely that you will be trying out to make out those limits just because you've been that thinking that on the moment that you do win up then you already having that momentum on which this is the moment that you do keep on playing while you are on a winning situation because you've been thinking that you can win up even more and wont be having any that further loses and thats why whenever loses do keeps on piling up again and eating up those winnings gradually until you have lost it all including your capital then this is the time that you do made out such regret into the mistake that you have done.

Gamblers will be that usually thinking when the damage has already been done and not on the time or moment that they are on a winning situation or condition. We are the ones who do make out such decisions basing up into the current condition that we are that dealing into. When losing then you should stop on the moment that you do exhaust up your limit for that day or simply with your gambling budget. On the moment that you are winning then this is the time that you do consider out on stopping when it do hits up your profit target or simply you've been contented on what you are currently experiencing into.

[wakier]

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?

Yes, I have experienced it before and I realized that acting like that is very wrong because we only think about the limits of defeat rather than the limits of victory, but now I have set a target to limit both so that I can be more controlled in playing even though I get a small profit, at least it is better than losing everything, being greedy will never be satisfied with whatever results we get, instead we must be grateful for the victory we have achieved.

[SmartGold01]

Yeah! I can clearly relate with you on this subject..
On a norm when I am gambling I do set limits for myself, like the amount I am using to bet and whenever such amount are being exhausted I wouldn't go further dipping my hands to have additional funds added to my gambling account. Also when I tried to have winning no matter how it's I wouldn't go again because I know such winning is to lure someone into gambling more with the mindset they would win more than expected. As responsible gambler knowing when to exit the market is a crucial point for us gamblers because if such is not applied we may gamble out of control without knowing when to quit, this mostly come to worse when you manage and secure winning for the first time it would increase your adrenaline level thinking that more winning is possible.

[radjie]

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?

This has certainly been felt by gamblers when they experience victory, they decide to continue playing in order to get a bigger victory, but when the balance decreases, they will try to return it but the amount continues to decrease. This kind of thing is not strange anymore when getting a victory will always feel dissatisfied but after going bankrupt, they have a plan to limit the game

[michellee]

That is why you must control your greed while gambling so you can anticipate the big lose. If you already set a target, you need to stick to that and never think about add more money to your allocation money and chase the target. We never know when we will win so when we get that, we must leave casino immediately and not think about chasing more win.

We will not have a big chance to win more money especially if we don't have luck to win. So rather than losing more money, that could happen anytime, it is better we save our last win money and enjoy it if we can withdraw the money. But if not too big, we can leave that in our account and close the browser and do other activities to distract our mind.

[joeperry]

In my opinion it's more like a human instinct, more like... "why do I need set on winning, the more win the better." while losing, the more you lost the more it's bad. So I think it's also the other term for being greedy, as the more you want to win, the more bets you're going to make and in the long run, you'll just end up losing.

Though I tried setting winning limits in trading such as $40-50 profits per day and $20-30 loss limits per day, and it could work. So I think applying this to gambling could work too, I haven't personally applied it but I will now. 

[Outhue]

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.

Everyone want to win but they don't want to lose, and yet they see gambling as the right place to hope for winnings only, people are out of their god damn mind, it is like they don't read or learn, even the answers lies in the definition of gambling itself.

If you are a gambler and you don't expect to lose money you are a total idiot, get used to losing because it is going to happen more than you will win, this is what gambling truly means.

How you are going to lose and not get affected by the loss is in your hands as a gambler, if you like drop every penny you save into gambling on a 1 hour gambling session and lose it all, it is your problem.

Just because I won 340 from gambling days ago doesn't mean I am expecting another one, it happend even while I don't expect to win, this is how a gambler should think.

[Kelward]

Gamblers needs to structure their gambling habits otherwise they'll keep gambling on instinct. It's important for every gambler to know when to stop and call it quit for the day, if you can't control it you'll keep going because gambling can be addictive. It's only when you have a strategy and be disciplined to apply it that you can gamble responsibly. Not chasing loses and not being overconfident to continue when you're winning is where you can say that we have internally set lose limits and win limits. People who can't control themselves in gambling are the ones that ends up being addicted to it

[iv4n]

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?

Many, many times... This happens to me mostly when I play slots. Many times I have been lucky enough to get into a profit (x5 or more my deposit), but the desire to play more, to play even harder, destroys me in the end, and I lose everything. Eh, it's some crazy gambling mode.

But I use "stop on win" when I play some in-house games on autobet. Especially when I play in lighting mode (not all casinos have that one), but I didn't do that in a while... it's tricky to play thousands of bets without winning/losing limits.

[Ziskinberg]

Though I tried setting winning limits in trading such as $40-50 profits per day and $20-30 loss limits per day, and it could work. So I think applying this to gambling could work too, I haven't personally applied it but I will now. 

Of course, it can work as long as you're good at gambling. If you approach it like trading, you might actually have a shot at being profitable. You’ve gotta pick the right games, though, because this won’t work in games with a house edge since no strategy beats the house in the long run. You might prolong the inevitable, but eventually, you’ll still lose.

Might as well give it a try, my friend. Who knows? Maybe you’ll find it easier to make money here than in trading, and way more entertaining too. Wait, scratch that becaue trading isn’t even supposed to be entertaining in the first place.  

[Apocollapse]

Because humans like to spend as low as possible and get as big as possible, while in this world in order to get high return, you must sacrifice high as well.

With this mindset, I no longer looking to hit jackpot because I know I might not spend as much as the jackpot. Like in lottery, the reward is $1 Million, but you only spend $1 to get one ticket, you're highly unlikely to win.

The possibility is still exist, but if we use our logic, it doesn't make sense.

[stadus]

But I use "stop on win" when I play some in-house games on autobet. Especially when I play in lighting mode (not all casinos have that one), but I didn't do that in a while... it's tricky to play thousands of bets without winning/losing limits.

I think this is more about system betting, which isn't exactly what the OP was discussing. It's more about when we win at whatever we're playing, but we're not satisfied and keep gambling anyway. and you know the real issue? it's not having a clear target. That's what I believe the point of this topic is about.

[Natalim]

Gamblers needs to structure their gambling habits otherwise they'll keep gambling on instinct. It's important for every gambler to know when to stop and call it quit for the day, if you can't control it you'll keep going because gambling can be addictive. It's only when you have a strategy and be disciplined to apply it that you can gamble responsibly. Not chasing loses and not being overconfident to continue when you're winning is where you can say that we have internally set lose limits and win limits. People who can't control themselves in gambling are the ones that ends up being addicted to it

Gambling, in any situation, whether we lose or win, is necessary to set some limits. It is just having an entry and exit plan. Otherwise, we are always gambling for a loss. When I hit a decent amount, I stop. because I know, and based on my experience, that chasing more wins leads to losses. It stuck in my mind, and so I don't allow it to happen again. We know that luck never stays long. That is why we need to be contented with small wins rather than chasing big ones. Learning this approach may not give us a chance to win a lot of money, but at least it will save us from losing a lot.

[Maslate]

Because humans like to spend as low as possible and get as big as possible, while in this world in order to get high return, you must sacrifice high as well.

In business, taking big risks can pay off, but gambling is different.

You can't expect to earn big by betting big because the house always has an edge. The more you wager, the more you're likely to lose. That's why smart gamblers keep their bets small, treating losses as entertainment expenses rather than serious investments. When you lose small, it's easier to walk away unlike business losses, which can be much harder to stomach.