Knowing When to Quit. For example, it might be time to take a step back & reconsider your strategy if you start losing money or going over your budget on a regular basis. Just as crucial afree slots casino gamess knowing when to give up after a loss is knowing when to walk away after a victory. After striking it lucky or going on a winning streak, many players make the mistake of wanting to keep playing, which eventually causes them to give back their winnings. Setting Win Limits. One way to reduce this risk is to set win limits, or predetermine how much profit you want to keep.