ALL YOUR WINNINGS GO BACK TO THE GAME?

[Tyatya]

In our community this days there is a popular saying that if you win 1m from betting you will loss 2m to it but I disagree with that.
I will tell you for free that those who face such are those with no financial risk plans at all, those that that do that are either too greedy or desperate to make it after seeing a big win once therefore make themselves hungry for more which in turn exposed them too big risk of loosing more than they gain from gambling

Ways to avoid this things from happening
1_ know when to stop
2_ put a daily stake stop on your games
3_ read alot of books (financial books)
4_ don't stake when you not stable mentally

I think if you can follow up with this steps you will definitely see how your gambling life will turn around your real life positively.

[FirmWars]

Did you confirm if those people that are saying this in your community are speaking out of experience or not? They might not be wrong, they could be speaking from self experience and the experience of other people, despite all these guides that you listed, human can not be 100% too careful and accurate while making a decision all the time at their gambling desk. Luck waves, when you are at the face of it, winning becomes frequent and can look easy but when you are out of luck, losses surplus. 

What ever guide you are using, don't ever feel that it is a full proof that you can not lose more than what you have won, just don't gamble with the amount that you can not sacrifice to lose.

[Oshosondy]

3_ read alot of books (financial books)

I do not like reading books but I like to read online what can be very beneficial for me like knowing about risk management which is not long to read at all.

I have my budget for gambling and I am not exceeding it. If the money I have on my gambling account has been used finished, I will definitely stop gambling immediately. No other thing that I need to know about gambling in term of financial books.

[348Judah]

Ways to avoid this things from happening
1_ know when to stop
2_ put a daily stake stop on your games
3_ read alot of books (financial books)
4_ don't stake when you not stable mentally

When we sincerely accept that gambling is all about having fun, then we are going to know that there is more to expect from us in realizing that gambling shouldn't be a one way pattern of having fun, we are to use our money for the purpose of playing bets as an entertainment to us, forgetting whether we are going to win or lose, when we have the right mindset towards playing, thigs will work for us the normal and usual ways, and to follow all these steps mentioned by OP will not be difficult to take.

[Don Pedro Dinero]

In our community this days there is a popular saying that if you win 1m from betting you will loss 2m to it but I disagree with that.

That saying makes sense, especially for casino games. When you win a certain amount at the casino, you have been much luckier than you will be in the long run, due to the house edge. If you keep playing, the more you play, the closer the expected mathematical result will be to the actual result, which will always be a loss.

[Ruttoshi]

For me, if someone hit the jackpot, he should stop gambling and take a  break. Invest the money into a business or buy bitcoin with it and hodli. Don't be greedy, see it as a big opportunity to transform your life financially and the best gambling can give to you.

You can start gambling later for fun and don't allow that your huge win decieve you that it's possible for you to win big again. Set a gamble budget and time limit for your gambling activities and stop at the right time.

[Aanuoluwatofunmi]

Should we bothered on this, if all the winning goes back to the casino, are we not enjoying what we are paying for, running a casino is a service offered that we enjoy and pay for, not with the expectation of having more in returns expect we are that lucky in what we played and win, this is why i will often advise in saying that either we lose or win, we should take gambling for what it is and move on with our life.

[Obulis]

First thing(s) first. The first thing here's what is your reasons (psychology) behind gambling. As in what is the mindset about gaming? This answers the matter and reveals the personal general responses/approachs towards gambling.

Are you gambling to become rich? Definitely gambling has made a lot of people rich  this is not necessarily out of fat wins or continuous winning but most importantly intelligence just like the outlined approach by op.
Some will win but hope to keep winning thereby giving back all the winning in hopes of getting a fatter win.

[Mrbluntzy]

I will tell you for free that those who face such are those with no financial risk plans at all, those that that do that are either too greedy or desperate to make it after seeing a big win once therefore make themselves hungry for more which in turn exposed them too big risk of loosing more than they gain from gambling

Even those with financial risk plans and those gamblers who are not too greedy and desperate can still lose more than they have won, remember that you can not beat the house, right? If you are playing luck based games which are mathematically programmed with  house edge,  the number of winning you are getting will be very less than your losses (losses are usually high), so you are already losing more than what you won unless you won a huge amount and quit, meaning you have escaped losing more than you have won just for that day, the next time you will be gambling can be a different experience which could be more of losses. The point you made can help but it can not totally prevent someone from losing more on the games of luck.

[DubemIfedigbo001]

In our community this days there is a popular saying that if you win 1m from betting you will loss 2m to it but I disagree with that.
I will tell you for free that those who face such are those with no financial risk plans at all, those that that do that are either too greedy or desperate to make it after seeing a big win once therefore make themselves hungry for more which in turn exposed them too big risk of loosing more than they gain from gambling

This shouldn't happen instantly unless the gambler is careless. If you check well on the long-run you'll see they're right. This should be a long-term evaluation of both wins and losses.

When you win a big amount you should quit and return later, your gambling budget should not be altered because of a big win since gambling wins isn't a increment in your regular income. You should ensure you utilize your wins very well.

On the long-run you may see that you're losing but if you view gambling as a fun activity, you'll not be worried.

[iv4n]

I think if you can follow up with this steps you will definitely see how your gambling life will turn around your real life positively.

Sometimes we choose one path, sometimes another... don't beat yourself up for picking this or that route, it's just another day in paradise. There will always be more chances, as long as you only risk what you can afford to lose... that's responsible gambling.

And yes, sometimes it will be positive, sometimes negative... It's a gambling life, full of ups & downs. So good luck, and try to be responsible...

[Slow death]

I've been telling people in my country who bet on sports that the only way to truly beat the bookies is to stop gambling forever when they win a lot of money. Because if someone wins a lot of money and continues gambling, they'll still be at high risk of losing, and in the long run, they could end up with losses.

Of course, you should always bet with small amounts of money and money you can afford to lose. Another piece of advice I've given is that people should have many other things to do in the real world to enjoy themselves; this will reduce their time spent gambling.

[$crypto$]

Victory can come back into play for those who are greedy --- but that saying can be broken if you know how to do it maybe with the 4 points that are conveyed there is a point how to overcome it.

I am the same when I win big, I will withdraw all of it and take a short break to enjoy the victory or leave a little balance in the account if you really want to return to playing, but you in the account already get the balance of the victory.

If the gambler is not satisfied, then he continues to play --- then loses and finally regrets it.

[Obulis]

For me, if someone hit the jackpot, he should stop gambling and take a  break. Invest the money into a business or buy bitcoin with it and hodli. Don't be greedy, see it as a big opportunity to transform your life financially and the best gambling can give to you.

You can start gambling later for fun and don't allow that your huge win decieve you that it's possible for you to win big again. Set a gamble budget and time limit for your gambling activities and stop at the right time.

Taking a break is a good thing to do and supposed to be an easy thing to do but don't usually happen with some players making this winning easily gone back to the casino.

For those of us that do have a maximum fixed monthly deposit amount, the next thing after having a break is to do your withdrawal leaving the upper month fixed deposit only.

[giammangiato]

Do I have a goal to reach?
In my case if I can get enough of a win that I can achieve my dream (that of opening a self-employed tourist farm) I could say that I have achieved my goal.
With a significant amount, I would certainly continue to gamble as I have done until now with low amounts, but I would focus more on what I have dreamed of all my life, which, in addition to feeling fulfilled, would continue to generate profits and provide jobs for other people.
It always depends on who and what you want from gambling, once you get the win it won't be easy to manage all that money in one go, you can go crazy in a short time.

[EluguHcman]

I think you are far away from that phrase "your wins goes back to the industry".  It simply means that you don't win everytime and your looses as a regular gambler would always be more than your wins which is proven in a gambling as an unpredictable game and it uncertainty outcomes is risky when you betting and chasing higher profits.

And yeah, good bankroll management and setting lost limits would be a very good strategy to minimize your loose just so that you could stay for a longer time so that you don't opt out too quickly otherwise, you will definitely blow your bankroll too quick and your profits will be returned back to the industry.

[Samlucky O]

In our community this days there is a popular saying that if you win 1m from betting you will loss 2m to it but I disagree with that.
I will tell you for free that those who face such are those with no financial risk plans at all, those that that do that are either too greedy or desperate to make it after seeing a big win once therefore make themselves hungry for more which in turn exposed them too big risk of loosing more than they gain from gambling

Even without being told, it is easy to know that anyone who win 1m and lose 2m is an addict or he is not financially wise or would I say the person is a greedy person. It's only a greedy person that will win a huge amount, instead of going away with it, they keep on gambling till they are left with nothing to gamble anymore. A wise gambler will always take his profit emidiately after win and now keep some bankroll to gamble the next game and not chasing after loses till they get exhausted.

Ways to avoid this things from happening
1_ know when to stop
2_ put a daily stake stop on your games

This points are understandably noted, and a good gambler will surely follow this principles to avoid much loses and makes good profit.

3_ read alot of books (financial books)
4_ don't stake when you not stable mentally

There is no point reading a lot of books as alot of warning has been passed across in this forum.
An unstable person is not soposed to gamble at the first place, if he Gamble then he does that at his own risk.

[Cityhunter34]

In our community this days there is a popular saying that if you win 1m from betting you will loss 2m to it but I disagree with that.
I will tell you for free that those who face such are those with no financial risk plans at all, those that that do that are either too greedy or desperate to make it after seeing a big win once therefore make themselves hungry for more which in turn exposed them too big risk of loosing more than they gain from gambling

Ways to avoid this things from happening
1_ know when to stop
2_ put a daily stake stop on your games
3_ read alot of books (financial books)
4_ don't stake when you not stable mentally

I think if you can follow up with this steps you will definitely see how your gambling life will turn around your real life positively.

OP, everything you mentioned are very important, but I would disagree with you on this number three, because I don't see any reason of reading a lot of books before you would know that gambling involves losses than winnings. Honestly, a responsible gambler that knows what gambling is all about would always understand that gambling depends on luck, because it is only when you are greedy that you would lose much, but when you stick to your limit and know when to stop you would never experience such thing.

[aioc]

In our community this days there is a popular saying that if you win 1m from betting you will loss 2m to it but I disagree with that.
I will tell you for free that those who face such are those with no financial risk plans at all, those that that do that are either too greedy or desperate to make it after seeing a big win once therefore make themselves hungry for more which in turn exposed them too big risk of loosing more than they gain from gambling

If you're a new gambler and you won 1million that early, there is a possibility that you will want more because of how you found it easy to win that huge money.
But if you are an old gambler who's lost a lot of money and you've won 1 million, your mindset is to take care of those winnings and not try to chase losses.
So we can conclude that new gamblers are more prone to greed than old gamblers because they won that enormous amount of money so easily and early; inexperience makes us act greedily.

[palle11]

You don't need to read books because of gambling because it is a personal decision and conviction. You may try whatever you read from the books and it will not work, experiences are different. What you can read from books regarding to gambling is how to learn a game you don't know how to play.

But there is an important point which is knowing when to stop playing. This is important and it is a key factor or causes of loses. Many gamblers struggle with this and it is because of greed that make you keep playing even when you get tired and losing also. The more you chase your recovery the more you are confused and you will keep losing. So to take a break when you are losing or winning in a streak is important.