Post
Topic
Board Gambling discussion
Re: Cash out or keep playing?
by
maydna
on 29/12/2023, 13:21:54 UTC
~snip~
I will often leave some pocket change for gambling after a big win, because otherwise i would just eventually have to deposit new money in. But i agree that one should definitely enjoy the winnings especially if it means you can afford to buy luxury. And if it's a life changing amount you are winning, (financial independence). Then it's doubly important to take most of it out.

I have seen that same thing so many time in crypto investing and gambling. And that is delusion that you can keep on going for ever. Keep on making profits and there's no end to that. It's really easy to say from outside that we should take profits out when in fact no one know where the top is and if there's going to be more profits. So many of us ride higher to get more pofits, but forget that it's not going o last. Eventually gravity (zero sum game) takes us down

I have been guilty of it too.
We must realize that getting a win from gambling is difficult, so when we can win, whatever the amount, we must be able to appreciate it by stopping gambling. We still have a lot of time to stop, and it's not worth it if we keep gambling when we've already won because it can make us still want a bigger win, and in the end, it will only make us frustrated because we don't win anymore. And that will make us continue gambling even though we have spent all the winnings and the capital we have. And when we see it, we can only regret it without being able to recover from that defeat.

This is where we have to be wise in responding to what we experience so that we don't chase wins or try to recover losses. As gamblers, we must be able to determine when we should really stop gambling and not be in the casino so that we don't have the desire to go back to gambling again. After all, we've had enough gambling and have gotten results too.

~snip~
Winning is the same as luck which cannot be deliberately achieved and of course the opportunity to win is like the word cannot come twice.
We as gamblers must be as wise as possible in making decisions such as immediately stopping and interesting  the amount of winnings we have obtained so that they remain safe and do not lose them completely due to efforts to double or get bigger ones.
The desire or thought to be able to get a bigger win often arises and is experienced by every gambler when win has been achieved, this mistake is what makes gamblers lose more money in gambling.
They cannot think well and cannot take advantage of every victory they have obtained, this will continue to happen if there is no early awareness of the policies in making every decision.

They realize that money is very valuable but they fail to manage it when they hold or have certain amount of winnings stored in the account balance of the gambling site they use.
Isn't this very sad?
They expressed disappointment because mistakes resulted in more money being lost but they were not aware of it and failed to manage it as well as possible.
The opportunity to win may only come once in a period when we gamble. That is why no one knows when we will win, let alone get a big win. They can only continue gambling and hope they can win later so they can earn a lot of money from gambling. And because we can't win, we have to be wise in how we approach gambling games and not let us use a lot of money just to chase a win that we don't know when we'll get. Even though there is a desire or thought that later, we can win, we will not necessarily be able to win in the next round because that is the mystery of gambling that makes many people curious. And that's what causes people to hope still to win by gambling more often than before.

If they can withdraw their winnings after winning and leave gambling, they are truly lucky because they managed to overcome their ego, which kept whispering to them to continue gambling. They didn't listen to the whispers because they knew it was useless and would only make them lose control. By stopping gambling and enjoying their winnings, they can rest well and have no desire to try to win more.