As a gambler how many loses are enough for you to call it a day?

[Justbillywitt]

Since there's no universally agreed numbers of losses that gambler should have before calling it a quit, so I think it is purely based on individual to fix their numbers of losses that they can take before calling it a quit. For me it is straight 10 losses without winning that's when I quit for the day. This is the number I think I can tolerate. For other gamblers it could be higher or it could be less. I picked 10 because if you don't get lucky from 1 to 10 I don't think going further will do you any good.

[yahoo62278]

Here is where you defines how responsible a gambler could be... There are people who gambles until they emptied their bankroll and there people who could just stake few games and whenever they incur loses they wouldn't mind to quit and have another rethink and do strategized themselves to know what best possible steps they could take this around to enable them win, this including with those are also gambling on slot and those who are doing sports betting.

I have came across where people says they are diehard gamblers and they wouldn't just quit immediately as you never can tell if there were to be another greater chances while gambling, but quitting on half way could cause you to miss such chances and, I have to ask the community to know how many looses one should experience or have before calling it a day or exit from the site, this question directly refers to the opposite as well and how much winning do you need to quit before all funds sent back to the casino or betting site.

share you thoughts.

Anyone who doubles up their initial bankroll for the day should probably enjoy the win and quit for the day. Doesn't matter if that's on sports or other casino games. Take the time to enjoy the money if you're a winner.

I personally make a parlay for morning games and a parlay for the late games(speaking about NFL football), and usually done for the night win or lose.

[YOSHIE]

As a gambler how many loses are enough for you to call it a day?

I don't know, the point is that every person I see is always faced with winning and losing, meaning that everyone has won and lost, but how much money do they lose and stop gambling? Maybe I haven't found that kind of gambler and I can't say for sure. That.

But I gamble when I have money, but if I don't have money of course I don't gamble, what does that mean, can you say that you stop gambling, if yes, that's how I stop gambling.

If you ask how much money you need to be able to stop gambling, honestly I can't answer that, exactly as I said above.

[Leahized]

I think, as long as we have money in the account, we can lose in gambling. This sounds funny, because this has happened to me many times. Sometimes it is seen that it is possible to earn money by gambling. Maybe not much, but we can lose a lot of money doing it When I'm desperate to win, that's when the most money is lost. If you are not addicted to gambling, then you should reduce your gambling time.  Only then will the number of gamblers lose. And losing gambling means losing money,So it is important to avoid these. So as not to lose control. I quit gambling after losing a few times.

[fullfitlarry]

I think, as long as we have money in the account, we can lose in gambling. This sounds funny, because this has happened to me many times. Sometimes it is seen that it is possible to earn money by gambling. Maybe not much, but we can lose a lot of money doing it When I'm desperate to win, that's when the most money is lost. If you are not addicted to gambling, then you should reduce your gambling time.  Only then will the number of gamblers lose. And losing gambling means losing money,So it is important to avoid these. So as not to lose control. I quit gambling after losing a few times.

Most of the times this was happened to me, as long as I have money to in my wallet to deposit and continue then I will do it. Until I will just snapped out of it and think about tomorrow and what will I do with that money.

So I will just stop immediately then and just go to sleep. Although I will have the mental trauma again if I lost like $200 or more in a night and stop for a couple of days until I refill my wallet again and then go and gamble.

[Yorubek]

It is wise to determine how much we can afford to lose before starting gambling. It is not possible to say for sure that we will win through gambling, so gambling with money that we can afford to lose does not create additional financial stress. I gamble with small amounts of money so that I can limit myself to what I can afford, so I do not regret it no matter what the outcome of the gamble, I can lose 4 times in a day, that is not more, so I think it is better to take time after repeated losses through gambling. It is not possible to limit myself to what I can afford due to a lot of losses, so the risk of losing money can increase manifold. I can lose 4 times in a day, which does not cause me additional financial problems, so I can control myself and enjoy the fun of gambling.

[Agbe]

It is wise to determine how much we can afford to lose before starting gambling. It is not possible to say for sure that we will win through gambling, so gambling with money that we can afford to lose does not create additional financial stress. I gamble with small amounts of money so that I can limit myself to what I can afford, so I do not regret it no matter what the outcome of the gamble, I can lose 4 times in a day, that is not more, so I think it is better to take time after repeated losses through gambling. It is not possible to limit myself to what I can afford due to a lot of losses, so the risk of losing money can increase manifold. I can lose 4 times in a day, which does not cause me additional financial problems, so I can control myself and enjoy the fun of gambling.

Any amount of money you are gambling with should be recorded as money that you have already lost, why do I say this it's because gambling has only two options which is either lose or gain . Your ability to tell yourself the truth that you are going to lose the money that, you have spent in gambling Will help you to understand and be in a better State of mind even if you eventually lose in the process of gambling. Always gamble with money that you are ready to let go of and will not affect your daily living.

[WhoYouCantKill]

Any amount of money you are gambling with should be recorded as money that you have already lost, why do I say this it's because gambling has only two options which is either lose or gain . Your ability to tell yourself the truth that you are going to lose the money that, you have spent in gambling Will help you to understand and be in a better State of mind even if you eventually lose in the process of gambling. Always gamble with money that you are ready to let go of and will not affect your daily living.

This here is nothing but the most realistic way to look at gambling, at least it’ll help the gambler manage their money and the risks involved effectively. Gambling like we know it is very risky and gamblers tend to lose more than they win, so the most reasonable way to look at every involvement in gambling is to consider the money you put into it as money that’s already lost, this doesn’t only helps you manage your emotions, it also helps you set realistic expectations and goals and avoid the kind of disappointment that’ll push you into depression or making decisions that you’ll later regret.

[taufik123]

Anyone who doubles up their initial bankroll for the day should probably enjoy the win and quit for the day. Doesn't matter if that's on sports or other casino games. Take the time to enjoy the money if you're a winner.

I also had such a mind when winning at the beginning and wanted to enjoy that advantage without starting the game again.
But unfortunately I never get a win at the start like that, I always lose and run out of my money to play and bet in a day.

Trying with the $50 I got from the Raffle, trying my luck by playing crash games, slots and sports betting,
at the beginning I won a little but then always lost, it made me quite stressed because I ended up losing the $50 for free.

Then I stopped playing, but my mentality wasn't good at that time because of a lot of defeats, making me stop and not want to play anymore.

[Su-asa]

It is wise to determine how much we can afford to lose before starting gambling. It is not possible to say for sure that we will win through gambling, so gambling with money that we can afford to lose does not create additional financial stress. I gamble with small amounts of money so that I can limit myself to what I can afford, so I do not regret it no matter what the outcome of the gamble, I can lose 4 times in a day, that is not more, so I think it is better to take time after repeated losses through gambling. It is not possible to limit myself to what I can afford due to a lot of losses, so the risk of losing money can increase manifold. I can lose 4 times in a day, which does not cause me additional financial problems, so I can control myself and enjoy the fun of gambling.

Any amount of money you are gambling with should be recorded as money that you have already lost, why do I say this it's because gambling has only two options which is either lose or gain . Your ability to tell yourself the truth that you are going to lose the money that, you have spent in gambling Will help you to understand and be in a better State of mind even if you eventually lose in the process of gambling. Always gamble with money that you are ready to let go of and will not affect your daily living.

That's correct, any money that you are using to gamble should be considered as a lost money because there is no guarantee that you are going to win the bet. Some gamblers find it really difficult to agree to the fact that their money is gone, that is why they always continue to gamble until they lose all the money they have. As a wise gambler, you must set a budget for gambling so that you don't lose everything you have to gamble.

[uneng]

Anyone who doubles up their initial bankroll for the day should probably enjoy the win and quit for the day. Doesn't matter if that's on sports or other casino games. Take the time to enjoy the money if you're a winner.

I also had such a mind when winning at the beginning and wanted to enjoy that advantage without starting the game again.
But unfortunately I never get a win at the start like that, I always lose and run out of my money to play and bet in a day.

Trying with the $50 I got from the Raffle, trying my luck by playing crash games, slots and sports betting,
at the beginning I won a little but then always lost, it made me quite stressed because I ended up losing the $50 for free.

Then I stopped playing, but my mentality wasn't good at that time because of a lot of defeats, making me stop and not want to play anymore.

I remember when I started gambling with BTC I had a 100K satoshis bankroll, and my goal was to double it, but slowly. It worked nicely for some days, probably a week. Everyday I made some progress and stopped, assured that was the right way to play in a safe and profitable mode. However, at some point I suddenly lost all the money in a long loss streak. I remember I also got stressed and decided to quit for a while.

For me, that was enough to call it a day and to quit for good. Not exactly due to the amount lost, but due to having my plan frustrated.

[livingfree]

$100 would be big and yet enough for some to lose it in a day. While others are setting that for a week or even a month.

Now the thing lies in for how long you'll be able to keep that amount you set for your bankroll. It could be more than $100 or lesser than that.

Regardless of how many losses we'll make for as long as it's not going hurt the bankroll you've allotted in it, I think that you're still cool with it.

[Y3shot]

Since there's no universally agreed numbers of losses that gambler should have before calling it a quit, so I think it is purely based on individual to fix their numbers of losses that they can take before calling it a quit. For me it is straight 10 losses without winning that's when I quit for the day. This is the number I think I can tolerate. For other gamblers it could be higher or it could be less. I picked 10 because if you don't get lucky from 1 to 10 I don't think going further will do you any good.

It is good you know your number but the most important thing is that this number is the limits you can go when it comes to gambling lose and whenever it exceed this you dont have any other choices than to stop gambling. In gambling everybody are not the same this because not everyone earns the same or have the same responsibility. Gamblers needs to learn to know the limit that they afford and stick to it, it is not where one would want to continue gambling after reaching their limit just because of someone who earns more is still continuing gambling.

[Judith87403]

Responsibility in gambling isn't really about how tough you are but more of having clear rules of exit before starting. There isn't any right number of losses or wins as a result of chasing is possibly where discipline breaks. A responsible gambler choose in time what to loss and how much to win, then breaks when maybe limit is hit. Not if emotions cools down, not after extra one chance. Those with diehard mindsets mostly confuse persistence and control. Genuine control is going away on time, even if the game feels close. When losses causes you to rethink and step away, then it is healthy. When wins make you pressure harder, then it is a warning. The preferred habit is being able to quit when you are still feeling calm, instead of when the funds is gone already.

[KTChampions]

Anyone who doubles up their initial bankroll for the day should probably enjoy the win and quit for the day. Doesn't matter if that's on sports or other casino games. Take the time to enjoy the money if you're a winner.

I personally make a parlay for morning games and a parlay for the late games(speaking about NFL football), and usually done for the night win or lose.

It depends on your betting preferences. For example, I prefer multiple bets with odds of 10-100+, so a simple doubling isn't even what I start a betting session with. I bet on football, so my betting session is the weekend. If I'm lucky on Friday and make a 3x or 4x bet, then of course I'll continue betting on Saturday/Sunday, when the main games are taking place. Even if I lose on Friday, I still have the opportunity to place a couple of bets. Yes, almost every gaming session ends in a loss, but sometimes I achieve a 100x multiplier.

[suzanne5223]

I will never categorise gambling as something chaotic by nature, and only gamblers who seem not to understand the concept of gambling being a game of chance will have such an impression. Besides, we can categorize gambling as future trading, where you can predict the market using the perfect setup, and also confirm it with a tool like fib but the result is negative.
Despite the success, is not promised but consistency; psychology and capital management are needed to keep on trading. If the capital is managed well, you can lose 6 trades, win 3, and still be profitable.
The same thing goes for gambling, and I was surprised you're saying something else. The last time i checked, in every space, people who thrive there always follow this 3 things, which are consistency, psychology, and capital management (in some area is time management because time wasters are destiny wasters).

I'm not understanding what you're saying, in my opinion gambling doesn't have much to do with trading, because in trading the market can have a certain direction, in my opinion, while in gambling it's luck, even a strong team can take, as they say, stakes and be unlucky and not win, or in poker, simply, you don't get the cards and you don't win.

I guess you're not a futures trader because every trader knows, despite their knowledge, everything still comes down to luck. After all, the market presents another trend that contradicts its previous trend. They samething happen in gambling, winning i not promised until the gambler wins the game.
No matter what happens through the game or trading its the trader/gambler psychology, understanding, and risk management that will keep the trader/gambler going.

[Asuspawer09]

Normal practice is to set a certain limit on your account probably like setting only 5% of your monthly income you are going to put on gambling just to have some fun and maybe hopefully you could try to test your luck and win some as well, but most of the time it is just a waste of money so 5% is not going to hurt and amount that you could just afford to lose.

So if your 5% is like about 50$ or something like that then if you lose enough to lose that 50$ then that is already your limit to call it a day, that is just being responsible and being dicipline just understanding that it is not always going to be a win, and you cannot force a win since it is mostly luck, going overboard your certain budget is just going to make it worse, I mean in some cases you might win, but it is just wasn't worth the risk since you are already on a loss.

You should just know what you are doing, knowing when to stop is going to be the best practice, the more you go on, double down, the deeper the hole you're going to get so its always better to play safe.

[taufik123]

I remember when I started gambling with BTC I had a 100K satoshis bankroll, and my goal was to double it, but slowly. It worked nicely for some days, probably a week. Everyday I made some progress and stopped, assured that was the right way to play in a safe and profitable mode. However, at some point I suddenly lost all the money in a long loss streak. I remember I also got stressed and decided to quit for a while.

For me, that was enough to call it a day and to quit for good. Not exactly due to the amount lost, but due to having my plan frustrated.

You are complacent with profits that even those are not your profits if you have not withdrawn them from gambling.
You are too focused to play and double that BTC without realizing that your lucky slots eventually run out and more losses occur.

Even though you are given more time to be able to take these profits, it is not the wrong gambling,
but you are not satisfied with the profits that have been obtained and feel that they are still lacking in those profits.
It's about your mentality in gambling, if you're greedy enough to make without losing, you need to learn from these defeat events.

If you decide to quit forever it's your decision, but it's not about a failed plan, but a failed mental control.

[rachael9385]

I don't usually set a limit on how many times I can lose or win
I use the bankroll method, which means I set how much I have available to spend and stick to that amount
It doesn't matter if I lose or win, I just need to maintain that bankroll

I've lost about 8 bets in a row betting on soccer, hehehe but I didn't give up
What I did and what I do after losing a few in a row is to lower the bet amount until I win again

So my bets are not based on how many bets, but how much I have and I can spend 

Reducing your bets when losing seems like a very good strategy but don't forget that you can still end up losing a significant of money accumulatively if you keep on betting and losing those small amounts. there is no linear path to betting .sometimes you just need to get lucky and you also need a huge bankroll because you would have more chances of getting back your losses if you always have to keep staking but it's risky

[lixer]

I always have a limit in mind, but that limit changes based on your financial situation. For me, it is 10 dollars loss per day is more than enough and I won't gamble more. However, that is not easy because I do not play casino games that often, which means I gamble sportsbooks most of the time.

So in that situation if I do gamble games where it's just normal sports, then if I wager 10 bucks, I will have to wait until I see the result of that game before I get to gamble even more. Makes no sense for us that we are going to end up with more, and waiting is boring. In any case, that is what I do, and if I do gamble more, then I just wait even more before I get back and gamble again, if it is 30 dollar loss, then I don't gamble for 3 days.