We all like winning, especially if it’s a recurring activity. However, sometimes it’s smarter to stop or make a break while you’re on a winning streak than to wait for things to go downhill. When talking about games of luck – and some games of skill – it’s definitely better to leave at the peak of the party, i.e., when you’re still attracting funds rather than repelling them. The question is how to do it exactly, as our self-confidence at such moments tells us to keep on playing.
Know Your Gaming Platforms
For starters, it’s smart to learn more about the platform or app you’re playing on – if you don’t know the house or website in question, your chances of establishing your own rules and following them are much slimmer.
For instance, if you make bets on the same mobile app or website in a row, you should get familiar with its pros and cons after some time. Some betting apps offer bonuses but only after the player has made a deposit. Players may have a winning streak on such platforms, as well, but the beginning could be more demanding. Some other platforms restrict how much money you can withdraw and when you can do it.
If that’s the case, there could be some other apps you might enjoy, which offer more generous bonuses without deposits or other perks for both first-time and frequent players. Also, a cutting-edge mobile app should let you track your bets and expenditures, with dozens of elements you can monitor and make conclusions about your losing and winning streaks.
And if you’ve spotted a winning streak, you should be more than careful, so that both the streak and the money don’t slip away.
Cash Out Often
Frequent cashouts are a smart way of controlling winning streaks in both gambling and betting. That being said, it’s not always the cheapest option for the player, as operators might be allowed to impose higher withdrawal fees on low cashouts. For instance, in the UK, the UK Gambling Commission has recognised the importance of regulating such cases, so both UK players and gambling/betting operators know these things in advance. Most international entities that verify and license betting apps and iGaming websites usually specify the rules that operators need to follow when it comes to cashout thresholds and fees.
Nevertheless, a winning streak is more likely to stop if the player doesn’t limit their operating assets; and withdrawing them is the easiest way to restrict their bankroll. Let’s say you’ve dedicated $50 to your weekend bets. After a while, this amount increases to $300. Now is the time to cash out $250, and keep playing with those $50. It may sound like a perfect-case scenario but this way you ensure a longer winning streak by restricting its range.
Try Different Games and Payouts
Changing a game when you win a bigger amount of money is another effective way of controlling your winning streak. Let’s stay with betting for a while here. If you’ve been winning most of your bets on the final outcomes of football games, switch to another betting game related to football, or start betting on some other sports. Again, cash out the collected amount, and use a share of it as a bankroll for a new game.
Our brain tends to enter a certain hamster-on-a-wheel mode when required to keep doing the same operation over and over again. This tendency may apply to both winning and losing streaks and neither is optimal in the long run. That’s why switching between games is a rational move to stay in the game.
Also, when trying different games, think about testing various payment methods. For instance, a prepaid card, a regular bank card, and crypto payments are a clever way of diversifying your gaming options. That way, you can use one payment method for one kind of game or one app, and ensure you control your gaming sessions and accompanied expenditures more closely.
Take Regular Breaks
No matter what activity you’re doing, taking a break is always highly likely to do you good, especially if you’ve been doing it for some time. So, if you’re been on a winning betting or gambling streak, you will eventually need to have some rest. And making a pause makes more sense while the cash is still in the bank.
Now comes the tricky part: but when is the right time to take a break from my winning streak? As this is a very subjective question, there’s no uniform rule; however, there might be a universal tip: every player should decide for themselves, in advance, when to take some rest. If you bet only at weekends, drawing a line after a month could be a wise idea. Those who bet every day should do it at the end of every week. At that point, withdraw all the money you’ve won during that interval, and don’t bet for some time. Again, you can set those pause periods in advance, as well.
This interplay between plays and pauses will not only help you control your winning streak; it will also keep your mind fresh and avoid the hamster loop mentioned above.
Play when You Feel Good
Many people spend nights and days playing their favourite video games or binge-watching trendy TV shows when they’re feeling down. The result of such sessions is usually utter exhaustion, both in physical and mental sense.
The same goes for gambling and betting; if you play those games only when you feel good, you’re more likely not to make your decisions based on your emotions. Since emotion-driven decisions in gaming are less rational, they’re more likely to put your winning streak in danger.
Therefore, if you’ve already been winning for some time but there comes a period in which you feel a bit down or simply tired, don’t force it. Withdraw your fiat or crypto betting money, log out of the platform or app in question, and wait for a positive interval in your life.
Winning streaks are good, and they make us feel exalted about our skills, instincts, and knowledge. If they’re properly handled and served in smaller doses, such periods will last longer. Hence, follow the tips shared above for long-term winning streaks that will ensure a brighter gaming future.
