Big capital, small risk or small capital big risk - which is best approach?

darewaller

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Quote from: Odohu on September 12, 2023, 02:09:53 PM

Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.

While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?

There are also those who prepare big capital to hunt those massive multipliers because they know that it takes time or money. It makes sense to play a bigger bet on a high-probability game because their returns are usually small. As a poor gambler, I'm mostly aiming for a high multiplier so that if I get lucky I can withdraw something.

A lot of those who risk big amounts are strong that they can endure the pain if they are unlucky, and it's funny that those who lose small amounts are the ones who regret too much and feel disappointed about their selves. I know it's hard for them to earn money, but if that's the case then they better not play gambling.

pawanjain

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Why is there is no middle option. I mean I prefer playing medium size bets with decent odds.
But if there are only two options then I would go for small capital with big risk because there's where the thrill is.
If you win, you win big and otherwise you knew that the risk was big. On the other hand, with big capital there is always a stress.
If you win, you win small but the risk of losing all is quite bothering.

piebeyb

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Quote from: mindrust on September 17, 2023, 06:03:52 AM

Since gambling is not a form of investing, small capital/high risk is the way to go. You are gambling, so aim high and make it count. If you were making investments, then you should think about preserving your capital but that’s not the case with gambling. You are already good if you lose the money you are going to spend on gambling. When making investments, that’s the opposite because you want returns in the long run so you don't want to your initial investment. If you gamble with a big capital, sooner or later you’ll lose that big capital and that’s a no no. At least you won’t lose much when your starting capital is already small.

Big capital with small risk is just a misleading saying, even though using small capital with big risk is the same, both are not different, have the same risk of losing money, so it seems like a misleading choice, as a small gambler, maybe I agree with you that capital Small is better because it's not too wasteful in spending money on gambling, fortunately I have a special budget for that so I still play within the limits.

Gambling is indeed different from long-term investment because gambling for the long term does not necessarily make a profit like we invest, but as long as you gamble with good control and limit your budget, everything will definitely be fine so you don't become addicted and you may not suffer too many losses in the long term. The same goes for investing. My view is that the title of the thread is a little misleading because the two are not that different and have the same risks.

mindrust

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Since gambling is not a form of investing, small capital/high risk is the way to go. You are gambling, so aim high and make it count. If you were making investments, then you should think about preserving your capital but that’s not the case with gambling. You are already good if you lose the money you are going to spend on gambling. When making investments, that’s the opposite because you want returns in the long run so you don't want to your initial investment. If you gamble with a big capital, sooner or later you’ll lose that big capital and that’s a no no. At least you won’t lose much when your starting capital is already small.

Negotiation

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Quote from: Salahmu on September 16, 2023, 05:14:47 PM

Quote from: Oasisman on September 16, 2023, 06:16:12 AM

Only those who have huge bankroll which is a wealthy person of course and those who have big risks appetite can put a massive bet in return for a massive win or lose as well. This kind of gambling will either make you become rich or poor for a day instantly lol.
Most of the gamblers will prefer to have a minimal capital aiming to gradually increase it by winning small bets hoping the capital would grow so does the betting amount. This method will not cost you a lot of money when you lose.
This method is also similar with parlays in sports betting.

We should understand the concept of higher and lower returns which is the higher the risk the higher the winning and losses which is also applicable to smaller the risk the lower the profit and losses but in overall it depends on the individual account if they can afford higher risk is on you and should be ready for any outcome of it, to me is only advisable if someone has a lot of funds that losing cannot easily affect your financial status is advise to risk big. But reasoning in other perspective of gamble is always those who risk higher that always make it while those that gamble lower hardly wins, I observed that most of risk gamblers doesn't look for many betting odds what they need is just one or two odds and stake higher.

It is natural that there is risk in gambling but most gamblers do not understand the reason for this risk they think that the more they bet the more they will win then they lose their betting odds. It is not possible to get high returns in gambling in one day, you have to proceed gradually with small amounts. In a risky society risk taking is normal at all times and therefore the demand for risk is logical. Gambling is one such product that can easily satisfy this demand. Through this people practice inherent personal risk taking and suffer both financially and familially.

Solosanz

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Quote from: wiss19 on September 17, 2023, 01:10:54 AM

However, if you decide on a certain budget that you allocate for gambling and you understand that you can always just lose that money, it's better if you just make small bets but target higher odds because if you manage to hit a single one, you might get enough for the day and don't need to gamble more.

I gamble because I want to kill my boredom or free time, so it's not fit to me if you said after winning good amount of money, we should stop to gamble. I don't really care how much I win or I lose when I gamble, I just want to enjoy my day and use my free time to do something that I like.

Of course each gambler has their own different purpose.

ethereumhunter

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Quote from: Blitzboy on September 16, 2023, 12:48:02 PM

In most cases, over the long term, the majority of gamblers will lose money - its how casinos make a profit. While you might have short bursts of wins, the odds usually work against you. With the lottery, the odds are astronomically low.

The concept of "chasing losses" is particularly dangerous in the gambling community. Its a behavior that leads to greater losses and potentially financial ruin. But you've pointed out an important aspect: only bet what you can afford to lose. Its called responsible gambling for a reason.

If anyone is planning to dive into gambling, knowledge is key. Know the odds, understand the game, and most importantly, understand your financial limits. A hobby should not turn into a financial sinkhole.

The majority of gamblers will lose money. I agree with that and it depends on how much money they use to gamble. If they can still accept their defeat, they will continue gambling and it seems they will continue gambling. Yes, with the lottery, the chances of them being able to win in a short time are small unless they have good luck.

But the concept of "chasing losses" is not recommended because it will use up more money. We also won't know when we can win and how much money we will win. We can only try, but it is better to try sufficiently and not insist on chasing losses or wins. It can also lead to greater losses and bring financial ruin. Betting according to our abilities will always keep us from financial ruin because we will always stay within the limits we set without any desire to break them.

wiss19

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Quote from: ChiBitCTy on September 15, 2023, 02:52:29 PM

The old saying goes "it takes money to make money" and I think that applies quite a bit in the world of gambling. It's pretty hard to try and win some serious money when you don't have much money to "invest". Of course you could play it safe, bet small and somewhat conservatively and try to slow build your way up, to where you can win some actual money, but that's certainly not easy.

The old saying is true but that is obviously not for gambling but for businesses in the world. If you are using the money to create a casino of yourself, that's how your money will make you money, but if you are using the money to gamble, you shouldn't have high hopes and expectations because no matter how much money you have, gambling is never a guaranteed way to earn money, whether you are making low bets or high bets, you will eventually lose.

However, if you decide on a certain budget that you allocate for gambling and you understand that you can always just lose that money, it's better if you just make small bets but target higher odds because if you manage to hit a single one, you might get enough for the day and don't need to gamble more.

Salahmu

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Quote from: Oasisman on September 16, 2023, 06:16:12 AM

Only those who have huge bankroll which is a wealthy person of course and those who have big risks appetite can put a massive bet in return for a massive win or lose as well. This kind of gambling will either make you become rich or poor for a day instantly lol.
Most of the gamblers will prefer to have a minimal capital aiming to gradually increase it by winning small bets hoping the capital would grow so does the betting amount. This method will not cost you a lot of money when you lose.
This method is also similar with parlays in sports betting.

We should understand the concept of higher and lower returns which is the higher the risk the higher the winning and losses which is also applicable to smaller the risk the lower the profit and losses but in overall it depends on the individual account if they can afford higher risk is on you and should be ready for any outcome of it, to me is only advisable if someone has a lot of funds that losing cannot easily affect your financial status is advise to risk big. But reasoning in other perspective of gamble is always those who risk higher that always make it while those that gamble lower hardly wins, I observed that most of risk gamblers doesn't look for many betting odds what they need is just one or two odds and stake higher.

cryptomaniac_xxx

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Quote from: molsewid on September 16, 2023, 01:23:33 PM

Quote from: madnessteat on September 16, 2023, 01:06:31 PM

Quote from: Odohu on September 12, 2023, 02:09:53 PM

~snip~

Do you really think the probability of winning at gambling depends on your bankroll?

I have always believed that the probability of winning, if it depends on the size of the bankroll, then very slightly, and the amount of win/loss is proportional to the risks.

Many gamblers playing on the strategy of Martingale still believe that their probability of winning is higher than when playing without any strategy, but this is also a misconception, as each next roll of the dice is not related to the previous one, if we are talking about playing dice.

Nope, I always believe that it is not because of your bankroll. I believe that still algorithm are being programmed not in the way that when we have big capital the odd will be in our side and we will lose too much after . I don't want to risk too much too, that is why I limit myself in the money that I am about to give whether I will be playing twice a month or once a month.

Or it will be just based on your luck, it everything align then perhaps any game that you are going to play, you will surely win. And that's why this strategy might not work or it will really work.

So there is no best approach, but if you have the money then, go with big and push your luck. If you have small bankroll, then try to go to bet small and roll the dice for many spins and see how it goes for you. And that will be my approach, plus it also depends on your mood.

Westinhome

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Quote from: slapper on September 16, 2023, 07:32:26 AM

I've seen players holding on to the romantic idea that a handful of coins could change their lives. It's laughably sad. The more money you have, the more you think you know. Gambling, in my opinion, is a wild animal that doesn't respect your goals or your bankroll. Yes, there are a lot of stories about people who won the jackpot with a small bet, but they are the exception, not the major. If every low-stakes bet won big, casinos would have gone out of business a long time ago. Don't forget that casinos aren't giving money for free. Their big system and expensive furnishings are paid for by a lot of broken dreams. Always gamble mindfully, and don't think that just because you're feeling lucky, the gambling gods will help you.

The gambling community had many stories,some of them are the begger become the rich person by the lottery.It’s not the fake news,the gambling will favour many person in the money need.I had a friend who got around 10k dollars from the lottery after the gambling of 5 years.In this five year he may spend around 20k dollars.So this win is the profit for the compensate win for this much of involvement.Some people also win with the small betting,then he had influenced all his circle.This may leads to the new gamblers from his circle minimum of 30-50 gamblers because of the win from from the small betting.

molsewid

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Quote from: madnessteat on September 16, 2023, 01:06:31 PM

Quote from: Odohu on September 12, 2023, 02:09:53 PM

~snip~

Do you really think the probability of winning at gambling depends on your bankroll?

I have always believed that the probability of winning, if it depends on the size of the bankroll, then very slightly, and the amount of win/loss is proportional to the risks.

Many gamblers playing on the strategy of Martingale still believe that their probability of winning is higher than when playing without any strategy, but this is also a misconception, as each next roll of the dice is not related to the previous one, if we are talking about playing dice.

Nope, I always believe that it is not because of your bankroll. I believe that still algorithm are being programmed not in the way that when we have big capital the odd will be in our side and we will lose too much after . I don't want to risk too much too, that is why I limit myself in the money that I am about to give whether I will be playing twice a month or once a month.

madnessteat

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Quote from: Odohu on September 12, 2023, 02:09:53 PM

~snip~

Do you really think the probability of winning at gambling depends on your bankroll?

I have always believed that the probability of winning, if it depends on the size of the bankroll, then very slightly, and the amount of win/loss is proportional to the risks.

Many gamblers playing on the strategy of Martingale still believe that their probability of winning is higher than when playing without any strategy, but this is also a misconception, as each next roll of the dice is not related to the previous one, if we are talking about playing dice.

shogun47

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Quote from: Oasisman on September 16, 2023, 06:16:12 AM

Quote from: Odohu on September 12, 2023, 02:09:53 PM

Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.

While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?

Only those who have huge bankroll which is a wealthy person of course and those who have big risks appetite can put a massive bet in return for a massive win or lose as well. This kind of gambling will either make you become rich or poor for a day instantly lol.
Most of the gamblers will prefer to have a minimal capital aiming to gradually increase it by winning small bets hoping the capital would grow so does the betting amount. This method will not cost you a lot of money when you lose.
This method is also similar with parlays in sports betting.

And even then it is a question of the relative size of their single bet to their total bankroll because that defines how often they can afford to lose before a potential big win hits.

Many people go too big too early and even if the math in their favor with say 60% winning probability, it can still happen that the 40% hit five times in a row and they are done if their bankroll is depleted. The problem is that gambling often times is just a question of time until someone is broke as the house usually has an edge unless someone found a loophole, but I doubt that any of those still exist as casinos themselves most likely invest a lot of money into test players just to close any loopholes or harmful deviations in their odds calculations.

noormcs5

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Quote from: macson on September 15, 2023, 02:35:46 PM

Quote from: Odohu on September 12, 2023, 02:09:53 PM

Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.

While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?

gambling is almost similar to business, don't expect that you will get big profits if you only spend a small amount of capital, but it is important to remember that never use gambling capital that exceeds the money you currently have, it's just a trap in your mind if you think you will get more money in your gambling activities ^{(Gambling is not designed to make someone rich overnight, gambling is designed for entertainment that uses money)}
However, there are quite a lot of lottery jackpot winners who spend small capital but win very big, their luck is usually only once in a lifetime.

Still i will prefer to risk my small capital by taking big risk, and see where my luck takes me to a win or a loss ?

Even if you invest big capital in a game / bet, you can still lose it even if the chances of that bet losing is less or close to nil. That is how sometimes the underdog teams win, an upset happens and its washes the accounts of thousands of gamblers who have taken the bet on those matches with low odds but with high capital.

Blitzboy

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Quote from: ethereumhunter on September 16, 2023, 06:35:25 AM

Quote from: Dimitri94 on September 16, 2023, 01:14:16 AM

Appreciated, it is difficult to win big in gambling using small amount of money which is not possible normally. But some gamblers still try to win big so they often lose their money. As a gambler increases his bankroll, he should expect according to their bankroll. If gambling is conducted with the intention of getting more wins or making more money, there are bound to face unexpected events. Although there are many instances where a gambler has changed their life by winning the jackpot or big lottery with little spending. But gamblers should not forget that luck in gambling does not work equally for everyone.

Only if the gambler can have great luck can he get a big win with a small bet, which is very rare. Most gamblers do not win large winning amounts but only according to what they use to bet. Maybe he could still get his break even in gambling so he didn't need to chase more wins because it wasn't easy and he would face many more losses.

But if it is a lottery, getting a big win or winning the jackpot will be very difficult because it also depends on one's luck. Even though people continue to buy lottery tickets, they may have to wait long to win the jackpot or never win the jackpot. So you should only gamble using the money you can afford so that if you lose, the loss won't be too big.

In most cases, over the long term, the majority of gamblers will lose money - its how casinos make a profit. While you might have short bursts of wins, the odds usually work against you. With the lottery, the odds are astronomically low.

The concept of "chasing losses" is particularly dangerous in the gambling community. Its a behavior that leads to greater losses and potentially financial ruin. But you've pointed out an important aspect: only bet what you can afford to lose. Its called responsible gambling for a reason.

If anyone is planning to dive into gambling, knowledge is key. Know the odds, understand the game, and most importantly, understand your financial limits. A hobby should not turn into a financial sinkhole.

slapper

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Quote from: Dimitri94 on September 16, 2023, 01:14:16 AM

Quote from: macson on September 15, 2023, 02:35:46 PM

Quote from: Odohu on September 12, 2023, 02:09:53 PM

Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.

While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?

gambling is almost similar to business, don't expect that you will get big profits if you only spend a small amount of capital, but it is important to remember that never use gambling capital that exceeds the money you currently have, it's just a trap in your mind if you think you will get more money in your gambling activities ^{(Gambling is not designed to make someone rich overnight, gambling is designed for entertainment that uses money)}
However, there are quite a lot of lottery jackpot winners who spend small capital but win very big, their luck is usually only once in a lifetime.

Appreciated, it is difficult to win big in gambling using small amount of money which is not possible normally. But some gamblers still try to win big so they often lose their money. As a gambler increases his bankroll, he should expect according to their bankroll. If gambling is conducted with the intention of getting more wins or making more money, there are bound to face unexpected events. Although there are many instances where a gambler has changed their life by winning the jackpot or big lottery with little spending. But gamblers should not forget that luck in gambling does not work equally for everyone.

I've seen players holding on to the romantic idea that a handful of coins could change their lives. It's laughably sad. The more money you have, the more you think you know. Gambling, in my opinion, is a wild animal that doesn't respect your goals or your bankroll. Yes, there are a lot of stories about people who won the jackpot with a small bet, but they are the exception, not the major. If every low-stakes bet won big, casinos would have gone out of business a long time ago. Don't forget that casinos aren't giving money for free. Their big system and expensive furnishings are paid for by a lot of broken dreams. Always gamble mindfully, and don't think that just because you're feeling lucky, the gambling gods will help you.

ethereumhunter

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Quote from: Dimitri94 on September 16, 2023, 01:14:16 AM

Appreciated, it is difficult to win big in gambling using small amount of money which is not possible normally. But some gamblers still try to win big so they often lose their money. As a gambler increases his bankroll, he should expect according to their bankroll. If gambling is conducted with the intention of getting more wins or making more money, there are bound to face unexpected events. Although there are many instances where a gambler has changed their life by winning the jackpot or big lottery with little spending. But gamblers should not forget that luck in gambling does not work equally for everyone.

Only if the gambler can have great luck can he get a big win with a small bet, which is very rare. Most gamblers do not win large winning amounts but only according to what they use to bet. Maybe he could still get his break even in gambling so he didn't need to chase more wins because it wasn't easy and he would face many more losses.

But if it is a lottery, getting a big win or winning the jackpot will be very difficult because it also depends on one's luck. Even though people continue to buy lottery tickets, they may have to wait long to win the jackpot or never win the jackpot. So you should only gamble using the money you can afford so that if you lose, the loss won't be too big.

Oasisman

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Quote from: Odohu on September 12, 2023, 02:09:53 PM

Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.

While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?

Only those who have huge bankroll which is a wealthy person of course and those who have big risks appetite can put a massive bet in return for a massive win or lose as well. This kind of gambling will either make you become rich or poor for a day instantly lol.
Most of the gamblers will prefer to have a minimal capital aiming to gradually increase it by winning small bets hoping the capital would grow so does the betting amount. This method will not cost you a lot of money when you lose.
This method is also similar with parlays in sports betting.

Odohu

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Quote from: Mauser on September 16, 2023, 02:55:06 AM

It really depends for me how I feel about a particular bet and how much I am willing to lose on my conviction. In some cases the odds of winning are so high that it just doesn't make any sense to bet small.

I was using this approach before and it is good because you will commit more funds to the games you have more confidence in and less funds on games the probability is lower.
The only challenge with this method is the tendency to over-leverage which might result in pains.

Quote from: Mauser on September 16, 2023, 02:55:06 AM

In the past I used to bet large amounts on the favorites on football match, even on leagues that I didn't even follow I bet on games with 1.05 and lower payouts. The problem was that in several bets the underdog won and I lost all my money.

Despite this looking reliable on the surface, in terms of business continuity and sustainability, I don't think this is good. One single loss can wipe out one week of consistent winning. You already confirmed that you lost all your money to a single loss... that means you need to modify your strategy if you want to remain in business.

Topic: Big capital, small risk or small capital big risk - which is best approach? (Read 789 times)