Post
Topic
Board Gambling discussion
Re: Huge win that turn into loss scenario
by
Natalim
on 26/07/2024, 16:39:10 UTC
I’m many can relate to this situation since most of us becomes extremely greedy whenever we already have huge profit then slowly you are losing it due to bad lose streak.

This happened to many times when I already have huge profit such as x2 to x5 of my bankroll. I usually hangout out for more gambling but place only small bet on slot games. This small bet turns into increasing bet when losing badly u til I already buying bonus that keep losing too until I bust all my bankroll.

Gladly, I overcome already this weakness through securing immediately my profit by withdrawing it and convert to fiat via exchange P2P to avoid gambling again for more win.


Well good for you. But the reality of things is that not everyone's gonna be as smart or as level-headed as you are. Cause for the most part a lot of people will see a large bankroll or a large win as their ticket to gamble more, instead of doing something to make sure they are able to secure their profits.

One thing I would really recommend you do when you gamble to instill some sense of discipline upon yourself is use USDT as a payment option instead of using any other cryptocurrencies. To give you an unparalleled perspective of just how much money you're spending, and if that shit still doesn't faze you, then I would highly suggest you withdraw every 2-5x win you bag when you gamble. That ensures you still have a bankroll to play with, while being able to secure as much profits as you can.
I think regardless of what payment to opt to chose, as long as the gambler has no discipline towards his betting activity, he will never refrain from gambling more most especially if he is still also in the winning streak. But when losing streak comes, that's the biggest challenge when gambling, trying to stop yourself from continuous gambling when you know that's not what you want.

The best solution for me is to secure and withdraw the profits every time you win. No need to set a target on the amount of withdrawal, but as long as you make some gains, that's for you to keep and withdraw it so you can't gamble more, and leave some small funds that will serve as your capital the next time you decide to gamble.