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Learning to quit.


SLFJ

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Posted

Hey guys, so I have slowly developed the thing very important in a casino is quitting.

Yesterday I have almost busted my 100k, but I remembered that I have got 11k in my vault, I tried to play with it, and got to 200k, (min) withdrawal, the next day I come back and try to muliply it, and it works, I am here sitting with 1.2m btc satoshi, then I went with it and withdrawn a few hundred thousands of my balance and then went on with my day, then I came back and 2xed my left overs and I was pretty happy, at the end of the day, do you know how to quit or do you bust?

Posted
Quote

Yesterday I have almost busted my 100k, but I remembered that I have got 11k in my vault, I tried to play with it, and got to 200k, (min) withdrawal, the next day I come back and try to muliply it, and it works, I am here sitting with 1.2m btc satoshi, then I went with it and withdrawn a few hundred thousands of my balance and then went on with my day, then I came back and 2xed my left overs and I was pretty happy, at the end of the day,

Congratulations. This is how it supposed to be. I should to that long time ag unfortunately when my balance is high I don't worry about busting and it comes when you are at least expected. Having big balance gives you false security. Most of the people bust because they don't take any insurance. The best insurance is to transfer the money to the vault if you plan to play the next day or just withdraw it if you you feel that your goal was reached. This is how I'm going to do from now on.

 

Quote

do you know how to quit or do you bust?

Unfortunately I bust for the reasons I mentioned above, but my plan is to move forward with taking 20k out of every 100k I win to the vault. This way I can build my insurance in the vault in case something happen. And let's be realistic here always something happens which means busting :D 

Posted

Hey, well ussually i newer stop on time only 4 out of all hundred times, if i do stop then next day i come to play i bust it any ways so i better just rip it in same day, :).I wish i knew when is the right time to stop.

Posted

 

I can't stop when I feel challenged because I keep losing in a game, like today I have a balance of 250k and I played to race this morning and what happened I was hooked to play chasing bigger profits we were in progress and making all my balancs are gone,then my friend paid me a loan of 200k and I played just a few rolls before the second race started really today was a hard day for me because I had to lose 0.0045btc.

Posted

Stopping yourself when you're up is the hardest thing for gamblers to do. It's what causes so many of us to lose when gambling.

There have been a few times I should have stopped but didn't and ended up losing a lot of profit because of it.

Posted

It is difficult to stop. When we win, we continue to want to earn more money. When we lose, we also want to earn back the lost money. This is a bad character of people
 

Posted

I never chase big wins anyway. recently I quit making deposits and only play with free money from rain, tips and challenges and forum. every time when I manage to reach the min 200k withdrawal I take out. If I have some left over I will try to build again. If not I just quit and start all over again next day. And I am pretty happy with how it is going. so far I think I made about a total of 0.018BTC withdrawals in 200k instalments without depositing a single satoshi. Couple weeks ago I wold have kept on gambling until I probably would bust. but since I changed my mindset I am actually making a little money and decrease my overall losses 

Posted

Hey there SLFJ.

Yes, you are 100% right on that. You need to quit whilst you are ahead. Otherwise, you will end up losing. It happens to everyone in the end. So your chance to withdraw is when you have either doubled your official starting point in balance... Or, at least tripled it. I am very bad with quitting whilst ahead. I definitely need to work on cashing out a bit more often though to be honest.. I only ever really tend to withdraw when I am over 250$ which is honestly ridiculous and I do honestly need to try and work on cashing out a lot more often. Even if it is 25$ a week, It is still better than having nothing withdrawn in a week.

But yeah just quite whilst you are ahead and don't think about trying to win a bit more cash just honestly focus on withdrawing first. Even if it is 25$ as I stated. Because honestly it is such a better idea than getting more and more greedy and then busting otherwise you will be upset and then rage in chat and that will end up in a time out... I mean a mute!! XD.

Anyway have a good day guys and good luck!

Posted

Hi mate, well you really completely right. Knowing when to quit is probably one of the most. Important skill to have to be a winner here. 

For me it's really depends on several things. If I'm tired or not, if I'm winning I can quit pretty easily. For example if I did x4 to x10 my initial balance I will quit bc I know that there s more chances I start losing than the opposite. But if I started bad and I lose straight away then I have greatest difficulties to quit. That pretty bad bc that precisely when it would be important to be able to quit. But I need to at least get back to my starting balance to left. But obvisouky in those moments you don't recover. You just keep digging your own hole... 

I try to improve my behavior on that point. In order to do that I try now to play with oredefine time bounds. 15 to 30 min max. And if in the last 15 or 30 min of playing I lose then I stop and taking a longer break. It's not working everytime but I hope to find something that help me not busting. Losing is part of gambling. But busting can be avoided 

That's said what you did with your 100k Is great and remarkable. I did same once or twice in the past. Congrats for that mate

Posted
2 hours ago, SLFJ said:

Hey guys, so I have slowly developed the thing very important in a casino is quitting.

Yesterday I have almost busted my 100k, but I remembered that I have got 11k in my vault, I tried to play with it, and got to 200k, (min) withdrawal, the next day I come back and try to muliply it, and it works, I am here sitting with 1.2m btc satoshi, then I went with it and withdrawn a few hundred thousands of my balance and then went on with my day, then I came back and 2xed my left overs and I was pretty happy, at the end of the day, do you know how to quit or do you bust?

I have to admit that is my biggest downfall in gambling as I think it is with many.  I  think we all have that little voice in the back of our head saying "you really should quit while you're ahead" but many of us don't listen to that & just keep going until we push our luck to far and end up losing it all.  Self control & discipline is a must if you want to stay in the green, although luck plays a part in that as well of course but without self control & discipline you are destined to lose every time.

Posted

When I first started playing it was always either a huge profit or bust mentality for me.  As I have learned to play more safely, I have always started a session with a goal and once I hit it I cash out my profits and start over.  Knowing when to quit is very important if you want to be even a little bit successful.

Posted

 

10 hours ago, SLFJ said:

do you know how to quit or do you bust?

Hi greetings :) 

When i gonna start my game with any balance i set my Goal that after achieving it i 'll stop and do not gamble more  :) 

mostly my goal is minimum withdraw from free stuff :) in gambling we must have to quite at good time :)

Posted

is all about will power. remember is your choice to keep going.. and when to stop.. if you can control yourself then there will be no problems.. if you can't then you need to work on it.. trust me when i say this. this your choice nothing to blame but yourself.. 

Posted

That's good, it sounds like you have your self control in tact which isn't an easy thing to have as a gambler. But your right that is the absolute best thing a player can do when they can't get any traction going with their betting. If your having a bat session just stop and walk away, take a breather and try to come back after a break. 

I have only been able to do this a couple times unfortunately, usually I end up busting and taking another loss.

Posted

Gambling is addicting that's a guarantee or better yet a fact. I was mostly active on primedice before i got to know stake and it seems to me I'll be more addicted to stake than other gambling casino sites out there. It is hard to stop specially when you're winning..or at times even when you're losing. You got that tenacity to win back what you've lost, and it becomes harder and harder to stop the more you lose. At times, you win some, you lose big. That's the time when the urge to win big kicks in. I often get emotionally distracted when I play that's why I always keep in mind to calm down when a 4 or 5 streak of reds comes in. It is nice to pause for a while. 

Posted
12 hours ago, pras111 said:

I myself always stop when I get the profit that I am targeting so I always target to get 10% of the capital I have. and this method succeeded in making me able to adjust the balance that I have until I withdraw with this strategy, we can only get a profit of around 10% and then stop immediately because if it is continued there is a possibility of being busted. with this strategy I get a lot of benefits

Okay, so when you stop do you limit yourself and not play the rest of the day?

Are there any other conditions to your strategy? 

Posted

Well you did so good. Congrats for it. If you ask me, I will say my game always end with bust. Cause there is a word greed and it is the worst habit of gambler. Whenever I win good I made it wd or sometimes continue my game for more profit. And bust quicker. Even if I make it wd I redepo it again and result bust. Few days ago I have made 20k sats to 0.01 btc and made wd. Then another 1k sats to 800k sats. I didn't wd that 800k and went for more suddenly I get much reds and my hard work end with bust. Then I redeposited the 0.01 btc and lost it too. Bad greedy gambler. 

Posted

 

15 hours ago, SLFJ said:

Hey guys, so I have slowly developed the thing very important in a casino is quitting.

Yesterday I have almost busted my 100k, but I remembered that I have got 11k in my vault, I tried to play with it, and got to 200k, (min) withdrawal, the next day I come back and try to muliply it, and it works, I am here sitting with 1.2m btc satoshi, then I went with it and withdrawn a few hundred thousands of my balance and then went on with my day, then I came back and 2xed my left overs and I was pretty happy, at the end of the day, do you know how to quit or do you bust?

That’s kind of busting always happened to me when I was beginner at casino gambling. Later I never did that mistake. I always set goals to stop before I start to play gambling . Whatever win or lose, I always stop gambling for that day. 

Posted

That is one of the most important thing on gambling, stop when you on profit. Some people can't control themself and keep gambling until their profit gone and busted all. It's really important to learn and know how to stop. Like what you do, withdraw your coins and only left a little amount for gambling.

Posted

I'm sure even the pros fall victim to pushing their luck. I agree it is important to have a goal and to not waiver from it. I wonder what would happen if we all set goals when we gambled. I'm sure most of us would be in profit. Sure, a long red streak will bust everyone but without a direction, emotions will whirl high and that is what claims most people's money. But, well done to you OP, you are a rare breed who knows when to call it.

Posted

Nope i have seen many people try to quit but they end up coming back at the end and just keep on comming back and just act like nothing happened.  One tip from me is get your account banned only way 😛

Posted

Yes, such victories sometimes happen to us and this is really great. You are no doubt lucky. But such luck cannot last forever and must stop on time. Even Vault cannot stop you, although this time he saved you from defeat. Goodluck:D

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