Greed While Gambling (Help needed)

[TKO]

Hey guys! TKO here

**If you wish to jump straight to the question and not read a long explanation, please read the text in bold :)**

I joined Stake on 19th of September 2018, and since then, in less than 2 months, I have withdrawn over 100$ by just depositing 6$. This just shows that I had a good run and had big hits.

However I do have to admit, in the last week or so I haven't had any luck and so I naturally get very anxious and impatient while gambling. I have seen so many people become high rollers with luck and with smart plays. They hit 660x on dice like its nothing and they make big profits. However, what I don't often realise is that they usually have a much bigger balance to play with.

I start betting as high as they do even though I have 100 times lesser balance than they do, and obviously, I bust all my balance. I think a lot of people are victims to this mentality of their own. I get tipped (THANK YOU TO EVERY SINGLE PERSON WHO HAS EVER TIPPED ME. I AM MORE GRATEFUL THAN I CAN EVER SAY ❤️) and I make profit with the tip and then bust.

I try to giveaway as much as I can but in the end, greed is what always succumb to.

To all those who haven't suffered greed during gambling or have eventually found ways to counter it, please do tell me methods to stop myself from ripping every time. I'm sure a lot of people need fresh and good advice! 

 

Thank you!

~TKO

 

PS. I love all of you from the absolute bottom of my heart! I care for every one of you and I hope all of you stay safe, happy and healthy! My DM's are always open, so if you feel low and wanna talk to anybody, please feel more then free to DM me  I will always answer and try to help! Take care all you lovely people ❤️

[griffinreynolds]

Well I’m greedy too, you need to decrease your bets and try to take good and high multipliers from those low bets. That’s how everyone plays nowadays most of the people I think. People that are greedy start with low bets and then when they have a bit luck and get a bit profit they increase their bet and after losing their money they regret, I’m not saying this to others only because I’ve made this too. Hope you understood me and play safe get good profits, wish you all the best in your life.

[williamshennie9]

What I like to do is set strict limits for myself. For example, if I lose 5% of my balance (as an example), then I do not allow myself to gamble for the rest of the day. In real life, I bring a bankroll to the casino, and if I bust it, I leave the casino. If I double it, I will take 50% profit, and play with the rest.

The best thing is to find what works for you, but the secret is discipline. It can be practiced, but if players can't develop good discipline skills and stick to it, I would say it is best not to gamble

[Kjaka]

You didn't know how being greedy made you feel like, now you know it. Use it, remember how it made you feel when you are making decisions and you will be fine, don't even have a single worry about it. 

Have a beautiful day... fuck the day, have a beautiful life!

[0treb69]

i think it helps to stop greed or lessen the greed is by lowering the level you want to achieve specially if you are a high roller , but if your average player. . maybe get some other game that caught your attention too aside from gambling.. like mobile legends.. it helps you to control your temper.

[TKO]

5 minutes ago, Kjaka said:

You didn't know how being greedy made you feel like, now you know it. Use it, remember how it made you feel when you are making decisions and you will be fine, don't even have a single worry about it. 

Have a beautiful day... fuck the day, have a beautiful life!

This is right. I have become aware that I am greedy, now I have to become aware of how I feel when I am greedy. Very intellectual and smart actually. Thanks a ton man

And I wish you the greatest life ever too ❤️ 

 

7 minutes ago, williamshennie9 said:

What I like to do is set strict limits for myself. For example, if I lose 5% of my balance (as an example), then I do not allow myself to gamble for the rest of the day. In real life, I bring a bankroll to the casino, and if I bust it, I leave the casino. If I double it, I will take 50% profit, and play with the rest.

The best thing is to find what works for you, but the secret is discipline. It can be practiced, but if players can't develop good discipline skills and stick to it, I would say it is best not to gamble

This is actually very smart. I am definitely doing to try and follow this. Thanks a lot man  Genuinely helps a ton ❤️ 

10 minutes ago, DarkBlood069 said:

Hey TKO - so the best option is to play small always, never ever wager big. Big wagers will end you very quickly. It's true, with every casino "big win" - you are always bound to come back, play more and then start losing it all! It's happened to me and I'm sure it has happened to a lot of others too! Just be patient, I know it's about making "big money" but that sort of thought is not the brightest idea to win more. Many casino members lose too much!

This is true. I really need to understand that low bets are the way to go. Big bets with small balance is just a failure of my logic and I hate it  Thanks!

12 minutes ago, griffinreynolds said:

Well I’m greedy too, you need to decrease your bets and try to take good and high multipliers from those low bets. That’s how everyone plays nowadays most of the people I think. People that are greedy start with low bets and then when they have a bit luck and get a bit profit they increase their bet and after losing their money they regret, I’m not saying this to others only because I’ve made this too. Hope you understood me and play safe get good profits, wish you all the best in your life.

Thank you so much dude. You're right. I will have to set a reminder for myself in some method to remember to lower my bets. Greed is a real B****

3 minutes ago, 0treb69 said:

i think it helps to stop greed or lessen the greed is by lowering the level you want to achieve specially if you are a high roller , but if your average player. . maybe get some other game that caught your attention too aside from gambling.. like mobile legends.. it helps you to control your temper.

This is a nice Idea. But Gambling has taken away a lot of productive time from my day already  Playing a game to imporve my gambling would I think just waste more time  But I will use this advice in a different manner  I workout in the mornings, I'll start working out when I need to calm down too. Thanks a ton ❤️

[Snike]

You're at this state, where you realise how bad your greed really is. You never saw it until now. Now you're prepared for the next time this will happen. Make sure you keep calm and make wise decisions!!

[hillowner45]

Always have the profit graph open when you play. When you peak on it, you know a whole series of losses are coming up to bring you to the house edge. So you need to either reset the seed, change game mode or do some pre-rolls before playing again. And keep yourself accountable to your emotions, write a physical note about a stop profit/loss goal on your desk that you will see in the heat of the moment.

[TKO]

2 hours ago, hillowner45 said:

Always have the profit graph open when you play. When you peak on it, you know a whole series of losses are coming up to bring you to the house edge. So you need to either reset the seed, change game mode or do some pre-rolls before playing again. And keep yourself accountable to your emotions, write a physical note about a stop profit/loss goal on your desk that you will see in the heat of the moment.

Okay this is actually one of the best ideas. Thank you so much! Will do that. This way the goal will always be in front of my and the graph will tell me if its worth taking the risk for the little profit

[blueprints]

There is nothing wrong with betting big or risky. I mean that is how you win big by betting big, the issue is when people win big and keep betting big. This is greedy and careless betting and will lead to bust. Make goals, keep balance small to avoid desire to bet big. ITs easy to bet big with higher balance but small balance atleast you hesitate. 

[DviouS]

A big part of becoming a profitable gambler is learning to check the greed in you, and discipline yourself every time you play. If you continue to do the same things over and over and expect different results... well, that is the definition of insanity, lol. Look at what you have been doing, look at what you need to do different, and put the game plan in motion. I have a list of rules I have made myself, and pretty much 100% of the time, when I do lose... I broke one or more of them. I try to remind myself that I made the rules, for me, because they are what keep me safe, and in the green.. no need to break them Anyways, discipline is a big part of it tho... what good are the rules I have made if I don't make myself follow them? Work on setting yourself some guidelines, and sticking to them.

[Mikehoncho]

I'm sad to say, that for me, it really isn't greed. 

I don't know that there is any amount i could reach and make myself withdraw. 

Its just a high i chase. Its not the win. Its not the sats. Its in a singular moment, between my click and the games completion, anything can happen, Its that moment you take a deep breath when you know you should have cashed out after 3 aces, but you just know the fourth is waiting for you, so you click lower again. 

The only difference in winning and losing? Having more chips to play with.

[Flan]

On 11/12/2018 at 10:54 PM, TKO said:

Hey guys! TKO here

**If you wish to jump straight to the question and not read a long explanation, please read the text in bold :)**

I joined Stake on 19th of September 2018, and since then, in less than 2 months, I have withdrawn over 100$ by just depositing 6$. This just shows that I had a good run and had big hits.

However I do have to admit, in the last week or so I haven't had any luck and so I naturally get very anxious and impatient while gambling. I have seen so many people become high rollers with luck and with smart plays. They hit 660x on dice like its nothing and they make big profits. However, what I don't often realise is that they usually have a much bigger balance to play with.

I start betting as high as they do even though I have 100 times lesser balance than they do, and obviously, I bust all my balance. I think a lot of people are victims to this mentality of their own. I get tipped (THANK YOU TO EVERY SINGLE PERSON WHO HAS EVER TIPPED ME. I AM MORE GRATEFUL THAN I CAN EVER SAY ❤️) and I make profit with the tip and then bust.

I try to giveaway as much as I can but in the end, greed is what always succumb to.

To all those who haven't suffered greed during gambling or have eventually found ways to counter it, please do tell me methods to stop myself from ripping every time. I'm sure a lot of people need fresh and good advice! 

 

Thank you!

~TKO

 

PS. I love all of you from the absolute bottom of my heart! I care for every one of you and I hope all of you stay safe, happy and healthy! My DM's are always open, so if you feel low and wanna talk to anybody, please feel more then free to DM me  I will always answer and try to help! Take care all you lovely people ❤️

First, if you really desperate of money, don't ever gambled those. Don't act like a highrollers (back to point one), or yourself are going to busted easily. 

If you wanted to rid those bad gambling, you should make a mindset into a goal, for example you wanted to reach 0.001 BTC and try to think anything like what you can buy with that 0.001 BTC. It is really hard to try, but sometimes you can handle it if you often to do this. 

I share this my method to not being a greedy person when betting and doing some stupid plays. 

Don't forget to exercise or going vacation to lessen your loss burden if you already busted that much.

You should have little money to do that things.  

Have a good luck and good day guys.

[bmg]

The way i see it is like this....  your here to win and have fun. Yes its nice to win but how r u going to win if you font take a few chances betting big . Its ok to to be greedy sometimes but then again what do u consider as  "being greedy" . We all have our different definitions of that term . I wish u the best of luck and i hope u hit it really big one day 🍀🍀🍀❤💙😊 

[polor12]

is crazy,, a person needs to set a limit..but a person should be called greedy he that person choose not to help or tip anyone.,. to be honest. is every person for themselves.. the rich dont stay rich by helping out people.. im sorry if im sounding kinda foul.. but this reality... why should i help a person in need.. to support their habit.??? if you dont have the money then why stick around., i understand., you get then once they would get you back.. favor for a favor right.. would it be the same in stake if no one tipped or rained., i would wonder about that.. would everyone be greedy... i really havent seen any say it in chat.. what if some did call some one greedy.. what kind of backlash will that person get..??

[FotisNt]

Hey tko, well, noone can help you better than yourself. I guess doing what I do may help you a lot. Which is to give yourself not an option to redeposit. Which also means spending your money in other stuff instead of betting them. Yeah it's dumb. Also a good advice Is to set up yourself some goals/limits, I guess..

[yololife222]

Hey TKo long time not seen.Wee all are greedy atleast 70% when wee gamble wee are greedy but im not saying all of use some of us know when to stop give some to people share a litle. Some times in gambling you hawe to take atleast 5min break to kalm down.Personaly i talk all this good shit but i do the oposit i newer take breaks only when i bust all when im gambling im allways greedy, and no im not proud of it im ashamed.  

Yololife222 ❤️ #StakeForLife

[GKD09]

Hey TKO,

I think its natural for any of us to get greedy at some point. Because we see other people win big, or because we reached a nice profit and then every loss from then onward feels terrible and we try to get greedy to reach that prev profit although we still are in green (if you know what I mean). 

This happened to me just today. So I was participating in the race, and thanks to Eddie we got some "race ammo". So with this little ammo, you barely would feel any loss even if you do lose it. So I started with 1k sat bets and then made some decent profit, having made that I started increasing to 2k and then 4k base bets (manual bets). At this point it didn't matter cause I was placed like 40th. So I kept increasing the base bet and for my luck I somehow came out with a 100k sat profit, which was amzaing from few 1000s of sats. 

The race was over, I was happy only cause I didn't lose the race and my balance. So I stopped for a bit and did few small things (within minutes) and wanted to play with this 100k profit knowing if I come down like 75k or even 100k I still haven't lost. (Was so excited to play because I had a really nice live stats - perfect uptrend in the way I was betting)

I still used the same base bet I used last 4k sats, and continued. Lost like 15k didn't matter at all cause I thought I can easily get that back. Lost few more bets trying to reach that prev profit and kept losing round by round. Probably won few rounds but this time my new stats were having a clear downtrend. I was down 50k and was so disappointed having gone half my profit. So I said to myself if it goes below 100k (back to original) I WILL stop. That didn't happen too and I went a bit below 100k during the bet. So then I said when I reach my original amount I will stop. Again didnt happen and continued to lose another 100k (so total was -200k). 

I was so pissed, which made it worse, but I somehow managed to get 50k (total profit -150k) and wanted more as usual. Just wanted to go back to my original at least and always having that thought at the back of my head that I was actually 100k in profit (wtf did i do, why did i even bet again, i should have stopped after losing a bit). Then after few rounds back to -200k profit.

The funny part is once you lose you always "wish" u stopped at the prev amount with was my -150k. I probably would have gone on and on but luckily my dad called me for something, and I couldnt bet. I took some time off I went to the toilet and was like ugh stupid me. 

Btw I know 200k sats is not a big amount to be like i hate my life I lost "everything". I am not like that but being greedy is even in the little things. We never like to lose. 

Now the thing that I realised was, when I was betting for the race - mainly to wager. I didn't really care about my profits. And since I had a GOOD START I didn't have much worry. I think that when you have a good start you could convert it to a bit more profit, but if you have a bad start and red live stats, we always just want to go to the 0 line mark. So you try to get it with 1 or 2 bets, where as when you are in green theres no real target to hit, so with a matter of 10 to 15 small bets you make decent profit. 

Sorry for the extra long post, and I hope you kinda get what I said. Playing with the live stats (or keeping in mind the 0 mark) can really mess with your head and your betting in turn. So if you get a good start try to play with that but if you realised how much below you are you should stop betting till you can forget about that. 

Even I just started out with $5 and made $10 then lost in the start, that was in my head for a long time. Now that I won some giveaways and weekly challenges that $10 is nothing because made $10 during that race, and till I stop thinking about that I probably won't be betting any good. 

To not be greedy we must forget any prev profits we have hit and bet each game on its merit. We will win and we will lose, but if we try to bet to win more than our prev profits, we will more often than not lose more.

Thats what I think. I hope you can take something from this and you too stay safe, and if you want to have a chat at any point, feel free  Tc

Love you guys, stay safe ❤️ 

[j240]

Sometimes i get greedy also , the way i counter it is to bet  small, Losing yourself from your the ojective leads to high bust , i always have a set of goal on how much profit i would get in that day, after i complete my objective the extra i just gamble it like crazy .

[Burgerwcheese]

Every bettor has experienced the ire of doing well in casino games, only to continue betting and lose everything. And the obvious self-reflection to this is, "Why didn't I quit when I was ahead!?"  The longer you play, the more repetitive your time is going to be and eventually it will feel more like a chore than a relaxing recreational activity. If you play too long you will start to make mistakes, become dismissive and miss out on good plays, that even having other strict monetary rules can’t help you with. Bear in mind how long you’ve been playing and make a definitive rule that you’ll stop playing after a certain period of time.   If you've managed to stick to your bankroll and haven't been playing for too long, then an early win is incredibly satisfying. But even when you're caught in the moment, it's still best to stay grounded. Getting swept up in a winning streak is as equally detrimental to your performance as trying to dig your way out a losing streak by throwing money at the problem.  Instead of getting caught up in the moment, it’s best to remember that any money you earn from gambling is an excellent accomplishment. You’ve done what you’ve enjoyed and left with more money than before, and there’s very few hobbies which can promise that. So instead of seeing how far the winning streak will take you, the best course of action is to set yourself an upper limit for how much you’d be happy winning and then get out while you’re ahead, before you hit a deadly losing streak and leave with nothing. The biggest reason why we accumulate profits in casino games, only to lose them, is because we get caught up in the moment. Many players want to maximize their successful session by going for even more money. Unfortunately, this is a quick way to lose all of the money that you've made. So if you can keep your emotions in check after hitting a win limit, you'll be a lot closer to keeping some of your gaming profits. very successful professional gamblers treat gambling as a sport and like disciplined athletes, they don't let their emotions get the better of them.  There will be bets you win and bets you lose. If you let the excitement or sadness get to you, you will end up making bad gambling decisions.  Lost a few bets? Then you are better off to stop playing for a bit than to let your poor results affect your state of mind. Think of it like a batter who starts every new inning with a fresh mindset. He can only succeed if he forgets that he struck out in the last few innings. If he can do it, you can too.

[sdsdfbsfsd]

hey tko  try to keep an openmind when gambling ,especially in profit ,dont make my mistake of being to generous to the community with big  0.001btc  plus rains while still not withdrawn etc because when you bust you feel even worse,try withdraw every few big wins otherwise you can get very carried away ,well iknow that ido for sure:) gl 

[FotisNt]

i just know how it feels to get greedy, especially when u already got a big win you are getting triggered to do the same again or maybe just something bigger

[ZainyMerv]

It is nice to see such a strong community here great advice from everyone

[Shiest]

Its hard not to be greedy when gambling. The games are designed to make you get greedy and think u can win more. This i know from much experien e. help is something you are gping to have to do yourself by finding the strength to resist. 

[sheenazbay]

Greedy is a state of the soul that makes people unsatisfied with what they have and tries to have more. This greed is not only for property ownership, but also for food, drinks, sexual activities, and so on. Greedy disease can be cured by contemplating evil and its harmful consequences, and realizing that greed is an animal behavior that knows no boundaries and satisfaction