The “Walk Away While Ahead” Illusion

[junder]

Easier said than done though, especially as greed has into the lives of gamblers, and tells them how the best way they can beat gambling and have their way over it, though you are right but its hard for any gambler to quit when they are skill wining, instead what they will do its that they will continue gambling until they have given to gambling what its has given to them and this when the brain starts to talk to them and if they keep trying, they will hit big and when they do, they will walk away, and that won't happen until they are completely drained. So, what they can do to help themselves out from this, its by managing to walk away even though it might be a tough thing for them to do.

Controlling yourself or emotions when gambling is difficult to do or apply, I agree to say that this is only easier said than done because I myself have experienced it and even in my opinion most people who gamble have experienced this.
 
To be precise, in my opinion, it is not only when we win that we should stay away, but even when we lose, we should stay away by not gambling again because this can make the loss even greater.

[Dunamisx]

So maybe the real question is not “can I walk away today?” but “can I walk away forever after I win?”

This question is somehow tactical because we all have different motive to why we are gambling, well, walking away also could come in different approach depending on the gambler and his intention to walk away or not after making a huge wing in gambling, but I've seen a number of gamblers that don't even walk away because they wanted to continue having fun in gambling you got less of the condition that may come after making such decision, you can decide it to walk away and still end up spending your money as you like and you may still decided not to work away and still return back the money to the casino gradually.

[rachael9385]

Considering the fact that even if you win, you will still want to make additional possible attempt to win more and that is where people are found losing after the already won, because we cannot have it enough when it comes to what we stand to earn from gambling, gambler's mostly appreciate winning bets and making repeated attends to have more opportunity of winning as they keep trying, without knowing that they are only losing at the cause of trying to win.

It takes a lot of discipline for a gambler to win and Walk away without making any further attempts to keep on trying to make more profits, winning is addictive like a hard drug the more you have it the more you would try to win more. In the long run this is what make gambling become a losing game.

[YOSHIE]

So maybe the real question is not “can I walk away today?” but “can I walk away forever after I win?”

Actually, that's how gambling works and how it is used. When you win at gambling, stop and enjoy the results of that win first, don't prioritize greed, maybe it can destroy us to the core.

So this is what is meant by making a profit and stopping, not not not visiting or playing again, making a profit today, trying to take advantage of that profit for a while, that might be better, rather than betting again which is likely to lose even more.

In my understanding, luck only comes once, take advantage of that opportunity to enjoy it, bet again tomorrow or the day after tomorrow, usually after making a profit and then relying on betting on the same day they will usually experience something much worse, that is gambling and games, no luck comes in succession.

[qwertyup23]

<..snip..>
It only works if we win, take the profit, and quit gambling for good.

So maybe the real question is not “can I walk away today?” but “can I walk away forever after I win?”

Because if not, then maybe we’re just delaying the loss, not avoiding it.

Nope- it also works when you are losing and you have yet to win huge.

The idea behind gambling works in the philosophy of assumption of risk. When you gamble, there is this hope that you are clinging to- that hope if winning huge and hitting the jackpot. Unfortunately and more often than not, people tend to experience losses and that hope of winning never occurs. In fact, there are even some players out there who tend to lose more continuously than the others.

That’s the idea of walking away- if you view gambling primarily as a profit, then walk away. If you feel like you would be rich in this habit? Walk away. If you feel like you’re here to make it a living? Walk away…

[Oshio-man]

Considering the fact that even if you win, you will still want to make additional possible attempt to win more and that is where people are found losing after the already won, because we cannot have it enough when it comes to what we stand to earn from gambling, gambler's mostly appreciate winning bets and making repeated attends to have more opportunity of winning as they keep trying, without knowing that they are only losing at the cause of trying to win.

It takes a lot of discipline for a gambler to win and Walk away without making any further attempts to keep on trying to make more profits, winning is addictive like a hard drug the more you have it the more you would try to win more. In the long run this is what make gambling become a losing game.

It will be very difficult to see such gamblers and even though you see it, it will be new gamblers, there is no how you will not experience some feeling that will make you to increase your capital in gambling because you have see victory in your first gamble that will make you to take risk again to gamble as you want, like those that will win in their first gambling they can choose to quit gambling because they don't believe that they can still win more in the future than to quit and use the funds to establish business like gambling center.

[nara1892]

OP is absolutely right in saying that if gamblers don't stop after winning, it will ultimately only delay their losses. In other words, all winnings will eventually return to the bookie, like money circulating, but gamblers will continue to experience a new sensation each time they win, even though that money is actually their own money.
From this, I can conclude that gambling is an illusion. They win money that is actually their own money. So, the correct answer isn't to "stop," but to "postpone."

[Nathrixxx]

It is not actually walk away when you win for every gamblers, my strategy is that I don't use my wins to continue gambling,

Making critical thinking and having a considerable decision towards your gambling winnings should be a priority, if walking away will be the solution then is better we do so in other not to afford returning back the money into gambling gradually before we know it, because some will deceive themselves with the intention of trying to earn more to what they have won already and at the cost of doing so they begin to lose the more and things keep getting worse, until they can't find it easy to back out.

[KiaKia]

People say “once you hit profit, just walk away.” But isn’t that just us trying to fool ourselves a bit?

Sure, there are times we hit profit and stop for that day. But are we really not coming back anymore? Of course we come back. And once we come back, there’s no guarantee we win again. That’s where the whole idea starts to fall apart. If in the long run the house edge or reality catches up, then this “walk away when ahead” strategy doesn’t really make us profitable overall. It only works if we win, take the profit, and quit gambling for good.

So maybe the real question is not “can I walk away today?” but “can I walk away forever after I win?”

Because if not, then maybe we’re just delaying the loss, not avoiding it.

I don't know about you but if anyone close to me hit big amount of money from gambling, I will tell them to quit gambling, and this is if they are the type that are gambling to make money only.

If this person is someone who gambles for fun and he got lucky to hit it big, I will advice such person to stay true to their old gambling ways, for example you are someone who gambles using $1 and one day you hit $1000, take all the money out.

When else you feel like gambling, keep using that same old $1 like nothing happened, this is what I called full protection, a safest way that everyone should keep gambling.

[Findingnemo]

People say “once you hit profit, just walk away.” But isn’t that just us trying to fool ourselves a bit?

Sure, there are times we hit profit and stop for that day. But are we really not coming back anymore? Of course we come back. And once we come back, there’s no guarantee we win again. That’s where the whole idea starts to fall apart. If in the long run the house edge or reality catches up, then this “walk away when ahead” strategy doesn’t really make us profitable overall. It only works if we win, take the profit, and quit gambling for good.

So maybe the real question is not “can I walk away today?” but “can I walk away forever after I win?”

Because if not, then maybe we’re just delaying the loss, not avoiding it.

No, you should not perceive the statement in that way, the walkway is not really to end up profits but not to lose the money you won because it beats the purpose of gambling and puts you in an endless loop.

So just take it for the day and not just do the math for your overall life or for a year, just enjoy the money you win instead of losing it back. ANd when you come back next time just start with new bankroll and assume it is completely lost.

[Nwada001]

It is like you are saying gambling is not fun and should not be seen as something fun or what? You gamble today and win money but you gamble tomorrow and lose money, that is the fun of gambling. It is not good to have in mind that any time you gamble you will be winning money, you should know that is not possible.

Gambling is fun and entertaining, and all the activities we do, which facilitate our gambling, contribute to the fun, not just the winning and the losing. I see everything combined together as what leads to gambling being fun, and the winning just gives us more excitement, especially when there have been series of losses.

[Jubilee58]

People say “once you hit profit, just walk away.” But isn’t that just us trying to fool ourselves a bit?

Sure, there are times we hit profit and stop for that day. But are we really not coming back anymore? Of course we come back. And once we come back, there’s no guarantee we win again. That’s where the whole idea starts to fall apart. If in the long run the house edge or reality catches up, then this “walk away when ahead” strategy doesn’t really make us profitable overall. It only works if we win, take the profit, and quit gambling for good.

So maybe the real question is not “can I walk away today?” but “can I walk away forever after I win?”

Because if not, then maybe we’re just delaying the loss, not avoiding it.

It is actually possible to make profit , and walk away today, but walking away for ever is actually a difficult task. Many gamblers have tried quitting gambling for one reason or the other, but it is more easier said than done. This is all about those who has hit big win, and those who are also facing long term losses.
There are gamblers who have suffered long term losses before they became fortunate to hit a life changing bet, and some of them use to say, if I hit big today, I will quit gambling, and invest my money in other things, but still the fortunate hit the big win, and still lost the same money to the same gambling site, and could not quit.

People quit from gambling even while ahead of profit, but it requires high level of decision, and discipline. What is the need to make good profit from gambling, and still loose the same money to the gambling company, and this is something that happens to many gamblers, so with very strong decision a gambler can actually quit gambling while on profit.

[Lida93]

People say “once you hit profit, just walk away.” But isn’t that just us trying to fool ourselves a bit?

Sure, there are times we hit profit and stop for that day. But are we really not coming back anymore? Of course we come back. And once we come back, there’s no guarantee we win again. That’s where the whole idea starts to fall apart. If in the long run the house edge or reality catches up, then this “walk away when ahead” strategy doesn’t really make us profitable overall. It only works if we win, take the profit, and quit gambling for good.

So maybe the real question is not “can I walk away today?” but “can I walk away forever after I win?”

Because if not, then maybe we’re just delaying the loss, not avoiding it.

It is actually possible to make profit , and walk away today, but walking away for ever is actually a difficult task. Many gamblers have tried quitting gambling for one reason or the other, but it is more easier said than done. This is all about those who has hit big win, and those who are also facing long term losses.
There are gamblers who have suffered long term losses before they became fortunate to hit a life changing bet, and some of them use to say, if I hit big today, I will quit gambling, and invest my money in other things, but still the fortunate hit the big win, and still lost the same money to the same gambling site, and could not quit.

People quit from gambling even while ahead of profit, but it requires high level of decision, and discipline. What is the need to make good profit from gambling, and still loose the same money to the gambling company, and this is something that happens to many gamblers, so with very strong decision a gambler can actually quit gambling while on profit.

Quitting gambling is an important topic that can't be exhausted in the discussion of I, and if am to be asked the question about quitting after winning a huge amount, I think it would be easier to say for me that I may just quit from gambling, but you see reality hits differently especially when what you doing is some activity that really brings some entertainment and fun to your life. It becomes hard to quit completely under this notion. It's not about being a gambling addict but something way different from it.

Yes, with determination you can quit permanently, but you must have to replace it with something that at least appears to provide relatively similar passion. It becomes easier quitting doing this way than just saying you have quit and trying to stay dormant.

[summonerrk]

OP is absolutely right in saying that if gamblers don't stop after winning, it will ultimately only delay their losses. In other words, all winnings will eventually return to the bookie, like money circulating, but gamblers will continue to experience a new sensation each time they win, even though that money is actually their own money.
From this, I can conclude that gambling is an illusion. They win money that is actually their own money. So, the correct answer isn't to "stop," but to "postpone."

That is why bookmakers and online casinos give out money so generously through promo codes and special promotions. Player retention and the confidence that they will stay is what the casino's success is based on. They know human psychology like a multiplication table, and only a few can resist the temptation to play more often and more. And of course, not many people can stop playing, stopping after a big win. And this is very important. After all, if someone comes to the casino for success, then what is the point of non-stop gambling?

[coinrifft]

That is why bookmakers and online casinos give out money so generously through promo codes and special promotions. Player retention and the confidence that they will stay is what the casino's success is based on. They know human psychology like a multiplication table, and only a few can resist the temptation to play more often and more. And of course, not many people can stop playing, stopping after a big win. And this is very important. After all, if someone comes to the casino for success, then what is the point of non-stop gambling?

Not just casinos, but the operators of slot machines are very enticing as they know human psychology too. Modern machines have good UI/UX and the video and audio is being tailored for human to get hooked and be attracted.

That's why it's really hard to walk away even if you win big money. It's like you are already hook, that UI/UX are embedded in our brains and it's like calling us to play once more even if we says that we are done already.