Post
Topic
Board Gambling discussion
Re: Cash out or keep playing?
by
Silberman
on 22/11/2023, 05:33:37 UTC
With my experiences in Gambling , then yah I will Cash Out  because I know that
 I can never beat the house and my luck is limited and if time ends? I made sure that I already withdraw
my winnings and wont let the Gambling site take those from me again like what id does in the past gaming
 in which I am always the loser.

Good if that's the case, the mindset that many people should have when they bet is to cash out when they get a win even if it's small, because as you said it won't be easy to beat the house, and it's also impossible to beat the system that has been created. It will be difficult even almost impossible to beat easily. They play like there is no risk that will happen to them so they play confidently to get a big win, even though they have lost a lot of money, but still chase a vague victory. That is greed, and dissatisfaction is also what they feel when they win a small amount, so they feel dissatisfied with the winnings they get and continue the game by increasing the bet amount.
Another reason to cash out immediately after a big win is simply that this is the right thing to do as it is part of the philosophy of this market, after all Satoshi created bitcoin to allow people to become their own banks, and if you let a third party to store your coins instead of doing it yourself, you are simply going against the intended goals of this market, and while it can be done and you can get away with it we have seen many people doing this before and losing their money because of this decision.