Being hesitant could make or break you.

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Quote from: DaNNy001 on July 22, 2024, 11:15:28 AM

Quote from: Sandra_hakeem on July 15, 2024, 10:13:23 AM

An event from the European football championships final - Spain vs England was almost turning into a disaster for three young men on their youth corp service program/camp , just about half a mile away from where I reside.. " I heard people screaming terribly and I had to look below from my balcony". It was an intense argument about one of them being too hesitant in wagering a bigger amount, and the rest being too afraid to make any bookings at all. It was a 2.98 odds on Spain and 3.69 odds on England at around the time of booking.
He managed to win 100k from the little he was able to summon up courage with.

What's the best way to overcome the problems of uncertainty and hesitation when determining an amount to wager?

I agree with this being hesitant could make or break you, but whatever the outcome is I don't think you should be hard on yourself cause its gambling, anything could have happened, always stick to a particular amount and don't go beyond it no matter how tempted you are to do it, if you normally stake 5 dollars on a bet and if that's what you are comfortable with do not stake higher, and even if the outcome goes in your favor, don't regret that you didn't stake higher cause you might be tempted to do so next time..you probably might not be lucky on your next try

I think on the contrary, hesitation is failure, hesitation means we do not trust our own decisions, and cannot come up with the best plan. In Op's story, if those 3 people lose, the story will turn in a different direction: they will feel lucky because they didn't bet everything they had. That means they failed their plan from the start by not making the best decision.
The solution to this problem is that if we feel hesitant and cannot make a final decision, we should not participate in betting or let others decide.

In addition, not only in gambling, if we often hesitate and do not make decisive decisions in life, we will always live in regret and regret.

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Quote from: tread93 on July 22, 2024, 04:56:30 PM

Quote from: Sandra_hakeem on July 15, 2024, 10:13:23 AM

An event from the European football championships final - Spain vs England was almost turning into a disaster for three young men on their youth corp service program/camp , just about half a mile away from where I reside.. " I heard people screaming terribly and I had to look below from my balcony". It was an intense argument about one of them being too hesitant in wagering a bigger amount, and the rest being too afraid to make any bookings at all. It was a 2.98 odds on Spain and 3.69 odds on England at around the time of booking.
He managed to win 100k from the little he was able to summon up courage with.

What's the best way to overcome the problems of uncertainty and hesitation when determining an amount to wager?

Sounds like bro sacked up and got a super W here that is incredible. Just nutting up and getting straight down to business sometimes can be so hard to do. You’ve got to risk it to get the biscuits!! It’s such a hard thing to do, I am convinced it’s 10% skill and 90% luck.

Agreed. The risks bring the rewards, yet, we should only risk with what we are ready to lose. That way, we wouldn't be sad with the fact, and if we get what we wanted - we would be happy for ourselves and our earnings for the time to come Wink

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Quote from: Sandra_hakeem on July 15, 2024, 10:13:23 AM

An event from the European football championships final - Spain vs England was almost turning into a disaster for three young men on their youth corp service program/camp , just about half a mile away from where I reside.. " I heard people screaming terribly and I had to look below from my balcony". It was an intense argument about one of them being too hesitant in wagering a bigger amount, and the rest being too afraid to make any bookings at all. It was a 2.98 odds on Spain and 3.69 odds on England at around the time of booking.
He managed to win 100k from the little he was able to summon up courage with.

What's the best way to overcome the problems of uncertainty and hesitation when determining an amount to wager?

Sounds like bro sacked up and got a super W here that is incredible. Just nutting up and getting straight down to business sometimes can be so hard to do. You’ve got to risk it to get the biscuits!! It’s such a hard thing to do, I am convinced it’s 10% skill and 90% luck.

DaNNy001

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Quote from: Sandra_hakeem on July 15, 2024, 10:13:23 AM

An event from the European football championships final - Spain vs England was almost turning into a disaster for three young men on their youth corp service program/camp , just about half a mile away from where I reside.. " I heard people screaming terribly and I had to look below from my balcony". It was an intense argument about one of them being too hesitant in wagering a bigger amount, and the rest being too afraid to make any bookings at all. It was a 2.98 odds on Spain and 3.69 odds on England at around the time of booking.
He managed to win 100k from the little he was able to summon up courage with.

What's the best way to overcome the problems of uncertainty and hesitation when determining an amount to wager?

I agree with this being hesitant could make or break you, but whatever the outcome is I don't think you should be hard on yourself cause its gambling, anything could have happened, always stick to a particular amount and don't go beyond it no matter how tempted you are to do it, if you normally stake 5 dollars on a bet and if that's what you are comfortable with do not stake higher, and even if the outcome goes in your favor, don't regret that you didn't stake higher cause you might be tempted to do so next time..you probably might not be lucky on your next try

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Quote from: STT on July 22, 2024, 09:31:55 AM

I always want to cash out half if Im winning to get my money back. The result can change right upto until the end and I prefer the certainity of getting my money back.

Sadly I have to walk away often and do other things besides watch the game, I dont always have the luxury to devote all my time to both watching a game and watching the bet odds. .

You are lucky to have that situation, as it’s very stressful when you are watching the game and betting on it, unless that’s what you do most of the time or you are fully focused on gambling. When you think that the "cash out" method is part of your game plan, that's similar to live betting, which we can compare to trading. Since we have some love for the team, that sometimes results in getting emotional, which would bother us after the game.

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I dont need the extra stress anyhow so to me to say always take profits is universally good advice imo

But you won't be in profit all the time. If you look at the big picture, the cash-out option isn't really helping us. A real gambler would understand that they are only expecting two outcomes: win or lose. Adding the cash-out option might put more pressure on them, complicating their job as a gambler.

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I always want to cash out half if Im winning to get my money back. The result can change right upto until the end and I prefer the certainity of getting my money back.

Sadly I have to walk away often and do other things besides watch the game, I dont always have the luxury to devote all my time to both watching a game and watching the bet odds. I dont need the extra stress anyhow so to me to say always take profits is universally good advice imo.

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3.69 odds on England at around the time of booking.

England was offered at 100 to 1 much earlier in the contest on a promotional I heard. If you got that far to the final, you know taking some of the profit is correct to do.

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Quote from: Orpichukwu on July 21, 2024, 06:49:57 PM

Desperacy for profit can only blind the person from a good game to the once's with higher odds as their desperacy will also be accompanied with greed, and once's someone is greedy, be it in sport betting or slot, your chance of winning will be reduced to the minimum as they will not want to settle for less, and chasing that bigger bag will only lead them to losing the small one they come to the casino with to multiply.

It's certain that when a gambler cultivates the habit of greed in their gambling lifestyle, they will mostly encounter losses because when they continue to chase big profit (the big bag, as you called it), they will land themselves in risky odds, and because they want to make a huge amount of money so abruptly, they will continue to stake on those odds, and when they lose, they will start to chase lose. Although sometimes it doesn't happen as we think because some of them can get lucky, the possibility is very slim.

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Quote from: AmoreJaz on July 21, 2024, 06:56:56 PM

As we put it this way, we have different financial capabilities when it comes to gambling. So yes, the level of satisfaction or fun surely varies from one gambler to another. If you are in a tight budget, do you really think you will enjoy the game knowing that you are spending the money for your bills? I don't think so.

I guess that’s why, it’s only advised that you do gamble with your spare money and spare money alone. Money that you can afford to loss but as we know it, this is an unofficial rule and can’t stand however, it’s also known that you engage in gambling at your own peril. When you gamble with money that meant so much to you, you’ve got everything at stake and I can’t see a lot of fun coming from those moments except your winning but, gambling isn’t where you go to seek for asylum. Don’t spend money meant for your bills in a gambling house, it’s never been the best of ideas.

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Quote from: Awaklara on July 19, 2024, 08:12:13 AM

Betting not with our money or with borrowed money also gives us anxiety when we want to place a bet. This can be more careful, but it can also be worse because of the pressure when you want to bet.
The situation can indeed affect our ability to make decisions. and there are many more gamblers who end up regretting betting with indecision because the results will definitely not be pleasant.

Pressure is one thing that can either limit a man's progress or prolong the unending chill of uncertainty and indecision... For that reason, it's hard to admit, but in our closets, we all know how hard it is to conquer the pressure -- doesn't have to be when wagering on a game you're not sure of alone, it also has a huge influence on us in real life.

For me, unless I have an alternative to where I could get funds for an easy replacement, I can't take that risk. I don't even wanna be a victim; I'd rather regret for not wagering at all, than lose at the end.

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Quote from: adultcrypto on July 21, 2024, 06:34:03 PM

Quote from: nimogsm on July 21, 2024, 12:30:40 PM

Quote from: betswift on July 19, 2024, 04:35:37 AM

That's important to note that, in any situation, you shouldn't be betting any sum that would make you hesitant to put it in the first place. Doing it must be like a hobby for you, not hard feelings from the both sides of the spectrum, thus, you would be happy to gain something out of the good bet, and not being too sad from losing something. Consistensy and analyzing is key.

I know a person who lost several thousand dollars but he was not very upset because he had great fun and a dose of adrenaline just as he wanted. He is a quite wealthy person so he could afford it, but those who bet large sums and lost were a separate case.

The only way such a fellow will not feel bad may not necessarily be that he had fun losing the money but it could be that the money was not a significant to him and he would have been gambling within his tolerance limit. Remember that what you may consider big amount of money might just be a peanut for another person, besides, the dream winning of another person might just be the betting amount of another. I have noticed that the greatest source of worries is usually gambling with money that should not be lost. So we must understand our level and stay within our limits if we must enjoy peace of mind as gamblers.

As we put it this way, we have different financial capabilities when it comes to gambling. So yes, the level of satisfaction or fun surely varies from one gambler to another. If you are in a tight budget, do you really think you will enjoy the game knowing that you are spending the money for your bills? I don't think so.
If you are in gambling, better know your limits. Comparing yourself from others will give you a headache because you will get envious that they can afford to sit on their games for longer time. Well, don't get to the point that you will regret for putting yourself in a tight position. Hard to find another person that will help you out in your situation without asking any favour in return.

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Quote from: Dr.Bitcoin_Strange on July 21, 2024, 05:43:58 PM

Quote from: GigaBit on July 17, 2024, 01:34:19 PM

If you place a bet in desperation or hesitation, there are more losses than wins. I have never won a bet to date where I was disappointed or upset. When it comes to placing bets, the gambler has to make careful decisions. It is not a good policy to cash out again in the middle of a bet but if many want to minimize their risk it is entirely up to them. There is no guarantee of winning or losing in betting so the gambler should bet with the assumption that he will lose. Gambling is not suitable for those who worry about gambling after placing bets. Those who are thinking about betting on sports betting must be prepared to accept any outcome.

Well, you're right, one must not make a gambling decision out of desperation because they may end up with more losses than winning tickets. I don't either get positive results from gambling if I am so desperate for profit. Although I don't have such an old gambling lifestyle now, Like you already said, a gambler needs to accept the fact that gambling is an activity with two results that are not assured by the casino, which means it could either be losses or winnings. One just needs to be prepared.

Desperacy for profit can only blind the person from a good game to the once's with higher odds as their desperacy will also be accompanied with greed, and once's someone is greedy, be it in sport betting or slot, your chance of winning will be reduced to the minimum as they will not want to settle for less, and chasing that bigger bag will only lead them to losing the small one they come to the casino with to multiply.

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Quote from: nimogsm on July 21, 2024, 12:30:40 PM

Quote from: betswift on July 19, 2024, 04:35:37 AM

That's important to note that, in any situation, you shouldn't be betting any sum that would make you hesitant to put it in the first place. Doing it must be like a hobby for you, not hard feelings from the both sides of the spectrum, thus, you would be happy to gain something out of the good bet, and not being too sad from losing something. Consistensy and analyzing is key.

I know a person who lost several thousand dollars but he was not very upset because he had great fun and a dose of adrenaline just as he wanted. He is a quite wealthy person so he could afford it, but those who bet large sums and lost were a separate case.

The only way such a fellow will not feel bad may not necessarily be that he had fun losing the money but it could be that the money was not a significant to him and he would have been gambling within his tolerance limit. Remember that what you may consider big amount of money might just be a peanut for another person, besides, the dream winning of another person might just be the betting amount of another. I have noticed that the greatest source of worries is usually gambling with money that should not be lost. So we must understand our level and stay within our limits if we must enjoy peace of mind as gamblers.

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Quote from: GigaBit on July 17, 2024, 01:34:19 PM

If you place a bet in desperation or hesitation, there are more losses than wins. I have never won a bet to date where I was disappointed or upset. When it comes to placing bets, the gambler has to make careful decisions. It is not a good policy to cash out again in the middle of a bet but if many want to minimize their risk it is entirely up to them. There is no guarantee of winning or losing in betting so the gambler should bet with the assumption that he will lose. Gambling is not suitable for those who worry about gambling after placing bets. Those who are thinking about betting on sports betting must be prepared to accept any outcome.

Well, you're right, one must not make a gambling decision out of desperation because they may end up with more losses than winning tickets. I don't either get positive results from gambling if I am so desperate for profit. Although I don't have such an old gambling lifestyle now, Like you already said, a gambler needs to accept the fact that gambling is an activity with two results that are not assured by the casino, which means it could either be losses or winnings. One just needs to be prepared.

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or it could be your best decision. because there is no certainty that you can win the bet and sometimes there are feelings that prevent you from gambling more than you should. and when that bet turns into a loser, in the end you thank yourself for not gambling more than you should.

so don't focus so much on one bet that you forget the fact that you can lose at any time on that bet. a responsible gambler must be able to pay attention to all possibilities. and even when the bet turns out to be a win, there is no need to feel regret, just accept it and celebrate it. at least you win not lose.

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Quote from: BITCOIN4X on July 21, 2024, 12:22:23 PM

Quote from: Sandra_hakeem on July 20, 2024, 04:53:42 PM

Quote from: BITCOIN4X on July 20, 2024, 04:21:56 PM

~Snip

I can safely say, aside from maintaining their anonymity and not wanting to attract too much attention from the masses, they'll also not wanna attract the attention of the governments on legal taxes on his name and possibly, debts .

Yes, there are several reasons why gamblers and their winnings do not want to be exposed and you have mentioned some of them. Traders and investors might also think the same thing, especially if they don't want to pay taxes and don't want to be known by many people. Privacy is important and useful, but it should not be misused to avoid taxes.

Privacy is the main priority, don't expose your gambling winnings to anyone and don't reveal it on social media, the more things about you that other people know, the more people will follow in your footsteps and that will cause discomfort when you are in public places. However, everyone is free to have an opinion regarding paying taxes and some gamblers may avoid taxes because the government does not manage taxes in accordance with the law. Many of the highest cases of corruption occur in the tax service.

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Quote from: betswift on July 19, 2024, 04:35:37 AM

That's important to note that, in any situation, you shouldn't be betting any sum that would make you hesitant to put it in the first place. Doing it must be like a hobby for you, not hard feelings from the both sides of the spectrum, thus, you would be happy to gain something out of the good bet, and not being too sad from losing something. Consistensy and analyzing is key.

It was the final of the championship and the degree was simply crazy because the match was really very entertaining and the finalists were top teams. This means that the bookmakers advertised the match very seriously. I know a person who lost several thousand dollars but he was not very upset because he had great fun and a dose of adrenaline just as he wanted. He is a quite wealthy person so he could afford it, but those who bet large sums and lost were a separate case.

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Quote from: Sandra_hakeem on July 20, 2024, 04:53:42 PM

Quote from: BITCOIN4X on July 20, 2024, 04:21:56 PM

~Snip

I can safely say, aside from maintaining their anonymity and not wanting to attract too much attention from the masses, they'll also not wanna attract the attention of the governments on legal taxes on his name and possibly, debts .

Yes, there are several reasons why gamblers and their winnings do not want to be exposed and you have mentioned some of them. Traders and investors might also think the same thing, especially if they don't want to pay taxes and don't want to be known by many people. Privacy is important and useful, but it should not be misused to avoid taxes.

Quote from: Sandra_hakeem on July 20, 2024, 04:53:42 PM

If you ain't seeking publicity, what's the purpose of putting stuffs like win receipts online? Drake is a public figure and he could be paid for every promotional video, are you trying to mimic his lifestyle or something? More so, you ain't gonna be making huge stakes all the time like drake, so mega wins aren't guaranteed.

No, I'm not at all interested in being someone famous like Drake, but I really want to be successful like Drake in other parts.

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Quote from: Sandra_hakeem on July 15, 2024, 10:13:23 AM

An event from the European football championships final - Spain vs England was almost turning into a disaster for three young men on their youth corp service program/camp , just about half a mile away from where I reside.. " I heard people screaming terribly and I had to look below from my balcony". It was an intense argument about one of them being too hesitant in wagering a bigger amount, and the rest being too afraid to make any bookings at all. It was a 2.98 odds on Spain and 3.69 odds on England at around the time of booking.
He managed to win 100k from the little he was able to summon up courage with.

What's the best way to overcome the problems of uncertainty and hesitation when determining an amount to wager?

For me it's just send the money in and don't think about it anymore. The more time you give yourself to doubt your decisions the more you're going to doubt said decisions, so, just do your research beforehand when you're making a bet, send the bets in and don't ever look back until the game resolves. For most of the people here who struggle with hesitation and all that shit, it's all about the sense of finality that keeps you from doing the thing that you intended to do in the first place. The fact that as soon as you do this shit, it's already set and whatever the consequences are, you're going to live with it no matter what. So how about you really do send it and then just live with it next time?

It's not like you're pulling the plug on a family member anyway, it's just gambling, and matter of fact, the more thought and brain power you put into something as trivial as placing bets the more you're risking yourself for gambling addiction, since now you're inadvertently making something that's not supposed to be a big deal, a major deal that requires all the attention you have.

So yeah, cut the middleman and don't give yourself time to think in between bets. That should be before you even decide on a team.

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Quote from: kotajikikox on July 15, 2024, 10:21:51 AM

Quote from: Sandra_hakeem on July 15, 2024, 10:13:23 AM

What's the best way to overcome the problems of uncertainty and hesitation when determining an amount to wager?

i always stick with the mindset that i would only bet what i can afford to lose no matter how sure i am with my bet it could still go wrong and make me lose everything

this way i can make sure that i am confident with whatever i bet on even if i win i just make sure to not dwell on the what ifs and accept my decision

Surely everyone is gambling with the hope of having a potential winning, no one will ever want to lose but it does happen, the best thing is to always build your psychology in both directions of winning and Lossing as that is the only thing that could happen which is either you win or loss, yeah one need to be confident enough to accept whatever that may become the possible outcome after which you have bet on whatever you might have considered to be your best predictions irrespective of the fact that there is no guarantee. However, it is important to gamble with only the amount you can afford to lose that way you can be more comfortable enough not to be devastated in the case of where things ended up in the opposite direction.

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Quote from: Sandra_hakeem on July 20, 2024, 04:53:42 PM

Quote from: BITCOIN4X on July 20, 2024, 04:21:56 PM

Agree with you, especially since some gamblers also need privacy. Not all successful gamblers with big winnings want to publicize themselves and their winnings, for them it is not important. Big wins are certainly an expectation, but sometimes gamblers' privacy will make them comfortable in their activities without too much exposure. After all, privacy will keep gamblers rich with their winnings safer when traveling wherever they want.

I can safely say, aside from maintaining their anonymity and not wanting to attract too much attention from the masses, they'll also not wanna attract the attention of the governments on legal taxes on his name and possibly, debts .

If you ain't seeking publicity, what's the purpose of putting stuffs like win receipts online? Drake is a public figure and he could be paid for every promotional video, are you trying to mimic his lifestyle or something? More so, you ain't gonna be making huge stakes all the time like drake, so mega wins aren't guaranteed.

I concur, preserving one's anonymity is crucial in evading public or governmental scrutiny on tax and debt issues. If you are not seeking attention, then there is no point in flaunting possessions like winning receipts online. Drake is a public figure who likely receives payment for endorsements, his way of life starkly contrasts with that of the general populace.

It's unrealisticl to emulate his way of life since you won't always place those large bets like he does. The grand victories that high-profile individuals such as Drake frequently showcase are out of the ordinary, not standard procedure. They possess greater resources and financial support which enables them to undertake large risks.

When dealing with substantial sums, gambling can place the common man at a high risk of negative financial consequences. In this regard, it is advisable to be pragmatic and make informed bets that will ensure you remain in control of your financial situation. Following the path of famous personalities who chase colossal victories tends only to escalate the likelihood of huge deficits; such action will probably result in issues more grave than those initially faced.

Topic: Being hesitant could make or break you. (Read 1019 times)