What do you guys do with your gambling profits?

[ILLUSIONCLOCK]

I reinvest all the profits in trying to win more.

I guess this is not correct money management but unfortunately that's my way XDDDDD

Many times i lose all....

[htetaungxx]

Mostly I bought some token for inversting when i got some profit. But don't do like this before i got hacked my external wallet first time. I lost all of my withdraw profit form stake and my inversting tokens. Now these i didn't get good profit for long time. most of profit are gone with payback debt.

[chankhoreID]

I buy something and I save if I get profit from gambling. during my gambling there have been several items that I bought, namely laptops, mobile phones and upgrading my computer pc. at least don't re-deposit because it will actually make you even lose and lose money.

[djonox]

For my part the profits are divided on 2 wallet one is intended to play the other side kept crypto to resell and transfer to my bank account

[CntryBoy]

4 hours ago, djonox said:

For my part the profits are divided on 2 wallet one is intended to play the other side kept crypto to resell and transfer to my bank account

That is the best way to do it I think.  Keeping your "play" funds apart from your other funds is essential in my opinion.  Once you start mixing them is when it can become dangerous and lead to losing more than you can afford to.

[Enzo]

I either invest in crypto or use it to purchase drugs/other items I want. I never have gambled with intent on using winnings to pay bills/rent/etc. It's too unpredictable to bank on doing that.

I like to buy drugs with gambling winnings cause then I'm not taking away money I earned instead I'm using money I won...

[alindog123]

On 8/11/2019 at 5:02 AM, nattekut said:

I am not talking about stake specifically but what do you guys do with your withdrawed profits from gambling.

Me personally I am investing all profits I make from stake, poker and sport betting into the crypto market. I am not investing in bitcoin but I use every single profit I make to buy a bunch of Altcoins. At this moment the Altcoins market have been bleeding and they all are soooo cheap. So I just purchase new coins or expand my bags of coins I already have and just keep them for 6-12 months. I am pretty sure I will be very happy that I did this cause I know that all those alts will be able to reach their ATH again or even gonna crush their ATH.

I just want to take as much as possible advantage from the profits I make

of course i use it for my daily expenses, i dont normal deposit much of my money since im not sure on how to win here, im not good at any game not winning much

[cryptofly]

Trading.  During my active time here, at the crypto ecosystem I have learn that everybody, at least me, should have btc at any moment, so what I do with the profit (if any) from here or that savings from my payroll is to take a piece for bitcoin and a piece for altcoins.  I became a btc hodler and those are "untouchables" and certain percent (50%) goes directly to altcoins to practice trading.  It is correct that, at this particular moment altcoins are touching the bottom and surely, after a heavy DYOR, I am buying some, waiting to pump....trading is so fun and so interesting that I spent most of my time doing research about what coins I should invest.  Learning also the chart analysis which is very extensive and complete and it will take you years and years to learn, but you know what, there is always a good moment to start and that is right now.  Good luck with your trading too.  

[ScooterPi]

Generally, I use them to continue playing - simply because I enjoy the gaming experience. 

That said, if I manage to win a large amount - different story.

Big mega wins, I withdraw right away, and turn em right to USD.  They either go toward a bill I'd like to pay off, or become a savings boost for whatever I'm saving up for.

 

[SLFJ]

Hey,

I'd definitely say you're a very smart guy for doing this and I'd love to too, but I don't really know how to invest it like that and I just probably withdraw them to gamble on other sites I find it's fun to play on, I don't usually re-deposit to stake, unless I really want to play it, thanks for asking though,

Kind regards,

slfj.

[Chikou1306]

for me i always play with my profit, i keep gambling till i lose everything, sometimes i enjoy betting on sports, and after amking good profit out of sports, i come back to dice...etc. i keep playing in different sites thats what i actually do with my profit, i did recharge my phone bills few times, but i bust all 99% of the profit, always.

[Wildmonkeylv]

I gamble them on other sites haha,and usually rip but if not maybe even withdraw,but I dont withdraw anything under 100$ . 

[DoremiCloud]

Good question really. For most part of it, I save it and invest it unto other altcoins. However, when I win big, I always (and I mean always) just end up depositing it back again and in the process just bust it all up.

[Schultz1995]

I often use the interest amount when gambling to invest in altcoin whenever altcoin's price drops and that's the reason I never withdraw profits from gambling to spend everything in life
 

[syllable]

For my gambling profits, if I make a lot of profits, I will withdraw and buy some necessary utensils. if the profit is low, I will continue to gamble until I earn a huge profit
 

[chankhoreID]

On 8/13/2019 at 8:56 AM, ScooterPi said:

Generally, I use them to continue playing - simply because I enjoy the gaming experience. 

That said, if I manage to win a large amount - different story.

Big mega wins, I withdraw right away, and turn em right to USD.  They either go toward a bill I'd like to pay off, or become a savings boost for whatever I'm saving up for.

 

maybe it's better to save or be saved in a partial vault and don't play it all because sometimes we always have a need to buy when we use savings in vault and enough to be withdrawn so we don't bother to look for money and there is already savings in vault stake.

the risk if we have won a lot of profit that is losing in a row.

so it's better to play smarter than what we can just disappear so we play requires energy and thought and more importantly internet bills to play so it's better to play safely.

Best Regards

         ☘️

[djonox]

When I make profit I withdraw the entire profit and I only keep the deposit deposited in this way I keep my balance and try to continued raised profit

[polor12]

ok from the 4 btc i sold a few  weeks ago. 32k usd.. spent 10k on my overdue student loans.. that included interest.. another 5k on a treatment that i thought i would go take but seemed my body wouldnt be able to handle it.. 2k on a the pac man fight.. so far 17k.. i  didnt include the food clothing or any life essentials because that automatic. just listed the most that took out of my profit.. so im sitting on 15k.. one more thing i never deposited any these cash to stake.. because why return the money... 4-5 months .. i got a couple basketball games to watch live.. and hopefully travel with the rest... all i know i gonna have fun before i go.. 

[ILLUSIONCLOCK]

On 8/15/2019 at 11:33 AM, polor12 said:

ok from the 4 btc i sold a few  weeks ago. 32k usd.. spent 10k on my overdue student loans.. that included interest.. another 5k on a treatment that i thought i would go take but seemed my body wouldnt be able to handle it.. 2k on a the pac man fight.. so far 17k.. i  didnt include the food clothing or any life essentials because that automatic. just listed the most that took out of my profit.. so im sitting on 15k.. one more thing i never deposited any these cash to stake.. because why return the money... 4-5 months .. i got a couple basketball games to watch live.. and hopefully travel with the rest... all i know i gonna have fun before i go.. 

 

I am content to have 0,1BTC someday, other people have such an amount of money .... shiiiiit 😁

[davinmark]

i rarely do some invest from my profits  usually i always use my profit for buying some stuff or maybe foods, always enjoyed my profits because sometimes when you win some, you want to buy anything you want  

[Enzo]

I tend to purchase stuff I normally otherwise wouldn't spend hard earned money on, leisure items you could say

Purchased a few new parts for my custom pc recently off profits from gambling. Other then that I might use it for bills if I'm in a pinch but it's been awhile since i've had to do that.

[Mahdirakib87]

Funny for me. I always withdraw my profit to my wallet. Rarely sell some dollars. Mostly I make redeposit. Or deposit to other gambling site. I hope that I can make it more huge by depositing to other side. But it's a matter of sad that I'm greedy addictive gambler. I always end with losing all. Left nothing for me in wallet or anywhere else. Just stupid me. I have not enough good plan and can't take the right decision with my funds. 

[sheenazbay]

I have never invested, even though I make a profit, I only collect it in the vault, and sometimes I withdraw it and make it money for my family and my needs.

[Thepug]

I opened up a $2.50 VGO case and got $3000 from it.

Cashed out $2500 to PayPal ( Due to fees from VGO ) and withdrew this money to my bank account.

Since I had lost $1k from CSGO, my goal with VGO was just to get to $1k. I ended up going from a $5 trivia, to $250, then I did a case opening.

Since this win, I haven't cashed out anything from VGO, but I currently have a goal to get to $100 from nothing, from today. 

I believe that I can do it and I will post my progress at the end of the challenge, to see how long it took me!  

[CntryBoy]

Lately I have been tucking away some of my winnings to buy more crypto if this downtrend continues.  Waiting to see how it goes the next week or so, may buy in with more if it gets too low.