When it comes to gambling; only one thing sets apart gamblers from one another and this is the next step after winning. For me, i follow this simple strategy.
- I have a go to plans, budget and i bet accordingly to that budget and plan
- Immediately i win a bet; i go on a 3-4 days betting strike, why? I use this time to spend my earnings as already scheduled
- For every bet earnings, i immediately withdraw 80% to my account for my scheduled plans; 5% for personal flaunts (You can call it enjoyment haha) and then i leave the remaining 15% to continue gambling into the next win.
With this approach, you will lead a successful gambling life, you will not spend all your winnings on "betting" and you will be able to point to one or two things in your life that you got with betting or gambling proceeds.
Do you think this is a good idea? Do you have a better idea?
Lets have it!
It's a great idea but gamblers have different orientation and different luck when they win games, their mode and approach differs too. I agree with your point but there is more time I twist some of your points.
Gambling is lucky base + skilled but irrespective of how and when you win, you should have wins in multiple, small loss or no loss at all, that's unavoidable though but anything netter than having loss all the time is the best. I know amount l use in betting, when that budget finish, I take a break whether I have a win or loss and I don't rollover losses, I believe anytime I lost a bet I don't go back to chase the initial, I often lose more than win back the initial loss, so rollover is always pointless.
For any bet I stake, if I have a win, I don't restake the money, that's like gambling on money I already made from gambling. If you are not cautious, you lose the profit again because betting platforms are smart, they will take back everything from you, when I win I withdraw it and I don't care how little it's as long as when I check my monthly deposited is lesser than withdrawal, then I'm good to go. That's how the circle continue everytime and I'm satisfied with my way.