Do you set a goal before you start betting?

[Sped]

This question is pretty obvious, but I am really curious. I have never set a goal, or have never followed that goal to be more accurate. I'm wondering how all of you set your goals, is it a certain wager amount or time, and is it always the same or dependent on your balance?

 

[DOGESSS]

I always set a goal to win, without it absolutely no! If you do not set a goal, you will not achieve anything, as in real life.

[Burgerwcheese]

 For games in which the casino has an edge — nearly all of them, against the vast majority of players, I’ve suggested a modified system of floating win goals and loss limits.

I don’t think a hard win goal is realistic. If you walk into a casino with $100 and set a win goal of $20, you could reach it by winning your first four $5 blackjack hands. Are you going to walk out at that point? You’d be in a very small minority if you can honestly answer “yes.”

Instead, I suggest players let goals and limits float. If you set a $50 loss limit, by all means, leave that as a hard floor. But if your win goal is $20 and you reach it, then increase your win goal to $40 and also raise your floor to $30. Now, with the early win, you can keep playing and still guarantee you won’t lose as much as your original limit.

The situation is much different with advantage players. There is no point in limiting wins if you have an edge on the game. Advantage players leave because fatigue is setting in, or to keep sessions short to avoid detection, or simply because they have other things to do. Blackjack players might move because the count is at a point they’re at a disadvantage. Otherwise, when you have an edge, you want to let it keep working for you.

Regardless of whether you or the house has the edge. neither win goals, loss limits nor any other money management scheme affects that edge one bit.

There are successful gamblers who earn more than one million dollars annually. They have standard features that make them different from the average gamblers. Most of the successful players have in-born gambling skills that make them stand out. But, there are a few gamblers who have made it to the top through hard work. Through practice, they have been able to learn tricks that work for them.

An average player bets cautiously. The player does not risk huge money he can’t afford to lose. On the other hand, successful gamblers bet vast sums of money. By betting a large amount of money, they have to go out of their way to employ the best strategies. They have to work extra hard in research to minimize the chances of losing huge money.
Successful gamblers approach the game as an investment. From the word-go, they take the gaming with the same seriousness as in business venture. Some known gamblers even borrow for gambling. To recover the money plus make profits, they must develop a functional model that will enable them to win the bets. The success takes time and work.

[CntryBoy]

Generally my goal is pretty much the same for all games, but it can vary slightly based on my balance.  For instance if I start with $25 in funds, my goal is usually set to double it within 2 or so hours and if I do, my new goal is to then double again within about 2 hours..  If I start with a much higher balance, let's say $1000, then my goal is usually a 10% or so increase in about 2 hours.  I tend to play much more conservatively with large balances and though it is a smaller win %, it is a bigger win.

[FotisNt]

Well, not really because this way I might end up busted trying to chase a specific profit. I guess the goal gets set by it's self once you're winning or losing.

[DaDude]

It is very important to set a goal before you start betting.... the reason people end up busting is because there was never any goal that was set and they end up going over and win  and win and try to win more, and they keep going and once there is no goal they have in mind, they will keep trying to win more cause it is human nature and guess what happens next? they will bust of course.

the only way to make sure a bust is not gonna happen once a user is winning, is to have a plan on where to stop and wd the funds.

good luck guys! have a plan

[davinmark]

I commonly do set a goals / target. for examples if i deposit 0.002 BTC . i want to withdraw about 0.004 BTC. but honestly, when i reached the target sometimes i want it "More and more" so when i reach the goal already i keep playing and busted  

[Etude]

It is actually a very good idea to set a gambling goal before you start your betting sessions so as to not lose control and make wild regrettable decisions later on. Even though such is the ideal way to go about it, certainly it is no easy task at all to follow as impulses often takes over when we gamble.

[yololife222]

Hey, yeah prety much my only goal when i deposit or i win some is lik 150eur  or 175eur depends on how i feel there was the story when i skiuped my goal and i was at 225eur one dude scamed me for 10$ i wanted to get it back went all in and busted all.  

[Kate]

Nope i dont set a goal it is only for people who come here to win on stake but as of me i am here just to have some fun and nothing else so i have no goals like others do.

[cukup2]

 

if I play hilo games I don't have how much minimum I have to casout or whitdraw as long as I'm happy and still in confidence I will continue to play and reach the highest payout. but it is different if I play in dice and limbo I usually start by adjusting the balance and basebet.

[wngo123]

yes, i always set up the goal at the beginning and then almost never keep that if I actually meet that goal and usually it ends really bad because I began to loose and I end up busted. i really need to focus on self discipline when playing, but it's hard to stop when you are winning and you reached your goal, your balance is good then why not continue? After all you are here to win big. That's the problem in gambling, hard to stop and don't know when to stop. 

[Aazzah]

To be honest, I used to. But now I just keep going until i feel like i want to cashout. I think it is a good idea when betting. You should set a goal. It makes you much more ready and prepared to withdraw and then you wont get greedy.

[akmal1984]

Everything is in accordance with the balance conditions that I have. I just set it, for example, today I will play Dice with payout 99x. And I have to win with the amount of 50% of the total balance that I have. Actually this includes a good amount of only 10% of the balance so that it is safer. But indeed for certain people it is very difficult to play by using targets. so this requires commitment and discipline to get started

[HighDamage]

In my opinion, setting goals before doing a bet is a pretty good way to hold Greedy (as long as the goal is not too high which is very difficult to get) However, depending on the person himself whether he wants to play as he likes or play with a goal  

[GKD09]

For me I usually set an amount where I would stop rather than how much I would profit. I think both are equally important in a gambling session so your greed or fear don't take over. 

I usually have a quick glance at my balance and look to make an even amount to it. So say I have 74k sats I would play the session with 4k, and hope to not bust. Then eventually when I see a profit of like 3k or even 2k I may stop for that particular session. Then reset stats or maybe play another game and then use arond 5k to 7k to play.

The most recent when I had busted (I know its not too much but still its because of this reason). I had an ending balance of around 83k and where I usually play around 3k, I just came back and started betting without looking at the balance and making any sort of plan, I was losing and since I had no plan I increased my bet few times and kept playing, then when I looked I had a balance of around 76k and then finally I was like okay at 70k I WILL stop and yeah with no surprise I ended up hitting the 70k and a bit less than that too - but still I managed to stop there! 

Which is why I think its nice to set targets before you start. Just remember that even if you lost a bit, you can easily win it back numerous ways and not all at once in the next few bets or next bet. 

So I'd advice you to set goals and stops and if you adhere to it you will definitely minimize your losses at least.  

[yomzkie]

Well, me im not setting goals on playing, im being contented on what i've been winnning  big or small

because there were times that i set goal and only a fee to withdraw is what i need, then suddenly all gone

 

[themrii]

I always set goals before starting. You need to set goals and after you achieve them, stop. Do not try to break the rules you set. I often end as soon as I reach my goal before I start gambling.

[williamshennie9]

I don't set any goal for myself, but I do set an amount of my bankroll which I am willing to lose during a given gambling session. If I lose that amount, I don't allow myself to further gamble for the day.