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Topic: Consequences of greed - page 3. (Read 2385 times)

copper member
Activity: 56
Merit: 1
August 21, 2024, 02:04:48 AM

This is why we do see those people who do able to mess up their lives because of too much gambling and there are those people who are really that sitting just fine just because
they've been able to control themselves on the moment that they are on the verge of too much greed. Control and moderation would really be he key but not all would really
be good on this one.

The key factor in preventing getting addicted and lose a lot of money, it's your decision making as well but more important is how you control everything, from the beginning till you end up your session, it's important that you know how to work with your limitation and how will you perform and execute your strategy, the more you understand the potential the better view and decision that you can take, you need to pratice and not to put your guard down and allow greed to beat your system.

Also when you know what to do when you get a jackpot or nothing because it's a bad day. It all comes with time and experience.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 21, 2024, 01:59:24 AM

This is why we do see those people who do able to mess up their lives because of too much gambling and there are those people who are really that sitting just fine just because
they've been able to control themselves on the moment that they are on the verge of too much greed. Control and moderation would really be he key but not all would really
be good on this one.

The key factor in preventing getting addicted and lose a lot of money, it's your decision making as well but more important is how you control everything, from the beginning till you end up your session, it's important that you know how to work with your limitation and how will you perform and execute your strategy, the more you understand the potential the better view and decision that you can take, you need to pratice and not to put your guard down and allow greed to beat your system.
copper member
Activity: 56
Merit: 1
August 21, 2024, 01:53:35 AM
Greed. Your tummy is burning with fire; the itching you cannot scratch is a symptom. For better or worse, this drives us. And let's face it, without some greed, we would all be eating on roots in a cave. Greed is a tool, not a master. Certainly, gambling is a greedy game. Still, the advantages go beyond mere randomness. Their bankroll is managed; they understand the odds. They are thinking, computing, constantly one step ahead

For those gamblers who are protecting their bankrolls by balanced gambling, they are protected from greed too. Everyone knows about greediness by very few know how to control the greed. The experienced ones may do it automatically or in their instcit, but for others we need tools that can prevent us from greediness. The most common but effective tools that will save you from big losses could be:-

>Money Management
>Risk Management
>Portfolio Management

Three turtles on which a responsible gambler should stand Grin
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
August 20, 2024, 10:26:31 PM
One of the things that I've learned over the years is that some people are different.

And that means that some people will be always gambling at the casino, others will be always drinking at the bar....

But there are also other people at the library, at home, riding their cars, bicycles, etc.

Not everyone ends up in the same area that we are living.
but it seems impossible for someone to come to a casino but not gamble, surely when they come to a casino they will most likely bet because that is the main thing in a casino that many visitors do too. besides that maybe when they have made a bet they can go home or stay quiet first to see other people's gambling or enjoy the atmosphere there.

if we talk about the differences of all people it is certainly true, it is impossible for them to be in one place at the same time. because besides having our own activities we also have other things like pleasure or work. but the similarity is that everyone certainly has greed in different things, not only in gambling which is greedy about money.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
August 20, 2024, 02:16:28 PM
Greed is our biggest enemy in gambling so we have to control this greed. The person you mentioned most likely missed out on such a huge money opportunity due to excessive greed. He who misses this opportunity will definitely not stop, he will try harder to win this huge amount of money later it will be seen that these extra things are bringing him bad things. Whether the bet is small or large, there should be no excessive greed. Gamblers are fine as long as they are satisfied with a small profit but when they get overly greedy and have a strong desire to get more, the results will go against them. If it is the case that I gambled $100 and earned another $100 by gambling $100 in the first state. But due to my extra greed I combined my capital and profit and gambled again but later the result went against me but I lost my capital and lost my profit.
We can never be overly greedy.

Control by setting up your limitation, it's really a good practice if you want to stay away from your own greed,  though we all know that when you are already feeling the intensity and you think that winning streaks will continue to prosper your bets then you might be out of control and greed will dominates you, on this kind of situation greed is being produced of your desire, which you can only prevent if you setup and practice to make that hard stop when you already reached your target, either you won or you lose its better to accept your fate to avoid losing more.
Doing things such as stopping or having a a break or pause then it is something which is really that a huge challenge on a certain individual specially into those who are really that having that kind of quality
as a person on whose really that being too greedy or simply they cant really be able to do or ask out such thing on which we know that it would really be putting up into further possible problems.

Greed is never been good specially if its really that on excessive manner. Human beings are naturally greedy but we do know that everything which is really that too much will really be always bad.
It would really be that normal that there would really be those times that you would be able to have that kind of extreme greed. Some people do able to control it out but majority
wouldnt really be able on doing so.

This is why we do see those people who do able to mess up their lives because of too much gambling and there are those people who are really that sitting just fine just because
they've been able to control themselves on the moment that they are on the verge of too much greed. Control and moderation would really be he key but not all would really
be good on this one.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 20, 2024, 02:09:36 PM
Greed is our biggest enemy in gambling so we have to control this greed. The person you mentioned most likely missed out on such a huge money opportunity due to excessive greed. He who misses this opportunity will definitely not stop, he will try harder to win this huge amount of money later it will be seen that these extra things are bringing him bad things. Whether the bet is small or large, there should be no excessive greed. Gamblers are fine as long as they are satisfied with a small profit but when they get overly greedy and have a strong desire to get more, the results will go against them. If it is the case that I gambled $100 and earned another $100 by gambling $100 in the first state. But due to my extra greed I combined my capital and profit and gambled again but later the result went against me but I lost my capital and lost my profit.
We can never be overly greedy.

Control by setting up your limitation, it's really a good practice if you want to stay away from your own greed,  though we all know that when you are already feeling the intensity and you think that winning streaks will continue to prosper your bets then you might be out of control and greed will dominates you, on this kind of situation greed is being produced of your desire, which you can only prevent if you setup and practice to make that hard stop when you already reached your target, either you won or you lose its better to accept your fate to avoid losing more.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
August 20, 2024, 11:59:03 AM
I have seen cases like this a lot of times, not with booking bets, but on casinos in general. People who win big and then lose it all and more. We must be lucky to hit a Jackpot or to get a massive win, and the odds of getting two of them in the same run are low as hell, i don't say it never happens, but it happens 1/100 times. I remember once a guy hit an x999 back-to-back on Plinko, and i personally hit an x9,900 two times in less than 3 minutes. so, it can happen but it isn't easy at all. Now i gamble with another mind, i walk away after a big win, and that's the right way to end with profit.

That is the good way of course, leaving when you have made a profit. Because when you get a profit, it is very possible that you will think that it will be a good moment for you to continue betting. But after all, cases like this happen at least often, and those who continue betting when they have made big profits, they will also lose and lose everything. Because at moments like that you can act blindly and/or no longer have a good strategy, because you have a lot of money in your balance.

Therefore, getting a big win and also experiencing a losing streak is the time for the gambler to stop or leave. After all, betting can also be done on other occasions and you are not required to continue betting throughout the day. So yes, having control like that is basically important, of course to minimize losses in gambling because if we have lost a lot, it will also make it difficult for us to control our emotions because we have a plan to retrieve or get back what we have lost.  Sad
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
August 20, 2024, 11:42:30 AM

Greed is a natural trait in humans, yes I understand that because it is something natural, but if we talk about gambling then of course it is clear that anyone must be able to try to ignore greed, although I am sure that greed cannot always be avoided at certain times especially when the level of awareness decreases, but the point is at least planning related to preventing greed must be had.

On the other hand, I seem to understand what you are saying that the conclusion is that any action taken by a gambler regardless of whether it is an act of greed or not in the end all of that will not be a problem if only they have a good level of risk acceptance in themselves, in the sense of having good responsibility for all actions and decisions that have been taken at the beginning, but I would also say that being responsible for aggressive actions and decisions is difficult to do, or unlikely, therefore this is why prevention is always much better than cure.
Greed drives us, for better or worse. Greed can be your best friend or worst adversary in gambling. Some say to "ignore" greed. It wont happen. When a significant win is at stake, greed is strong. We must comprehend it rather than ignore it. We must master it

This requires self-awareness. Knowing when greed clouds judgment is crucial. You must ask yourself, "Hold on, am I making this decision because its smart, or because Im greedy?" Thats hard but necessary. It goes beyond risk tolerance. It requires long-term vision. Greed demands rapid pleasure. It seeks speedy victory. Successful people play the long game. It requires wise, reasoned decisions even when your intuition tells you to go all-in.

What about when you're exhausted, stressed, or confused? Thats when greed is most deadly. You'll need strategies to control it then. Limiting your bets may help. Taking a pause when overwhelmed may help. Maybe stop the game. Gambling requires talent, not luck. The best players control their greed, not let it control them. They know the real win is mind control, not money

Yes, of course avoiding greed is not easy, I understand that it is a difficult action to practice, but that does not mean I just advise anyone to ignore it, because of course no one will want to do something if they do not know the reason, understand the concept of gambling, realize the risks I think both of these things are the key to knowing that implementing greed is a very wrong and too risky action.

On the other hand, I see that you have said all the situations that are very likely to make a gambler fall into the following greed also with scenarios based on facts, and maybe I will conclude a little and simply where the key to being able to avoid various potentially dangerous actions such as greed is that a gambler must have a correct understanding of what and how gambling really is, especially from the negative side.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
August 20, 2024, 10:42:29 AM
Greed. Your tummy is burning with fire; the itching you cannot scratch is a symptom. For better or worse, this drives us. And let's face it, without some greed, we would all be eating on roots in a cave. Greed is a tool, not a master. Certainly, gambling is a greedy game. Still, the advantages go beyond mere randomness. Their bankroll is managed; they understand the odds. They are thinking, computing, constantly one step ahead

For those gamblers who are protecting their bankrolls by balanced gambling, they are protected from greed too. Everyone knows about greediness by very few know how to control the greed. The experienced ones may do it automatically or in their instcit, but for others we need tools that can prevent us from greediness. The most common but effective tools that will save you from big losses could be:-

>Money Management
>Risk Management
>Portfolio Management
full member
Activity: 266
Merit: 181
August 20, 2024, 10:33:49 AM
Greed is our biggest enemy in gambling so we have to control this greed. The person you mentioned most likely missed out on such a huge money opportunity due to excessive greed. He who misses this opportunity will definitely not stop, he will try harder to win this huge amount of money later it will be seen that these extra things are bringing him bad things. Whether the bet is small or large, there should be no excessive greed. Gamblers are fine as long as they are satisfied with a small profit but when they get overly greedy and have a strong desire to get more, the results will go against them. If it is the case that I gambled $100 and earned another $100 by gambling $100 in the first state. But due to my extra greed I combined my capital and profit and gambled again but later the result went against me but I lost my capital and lost my profit.
We can never be overly greedy.
hero member
Activity: 1008
Merit: 960
August 20, 2024, 09:52:32 AM
~snip~
greed is a natural trait that everyone certainly has, not only in terms of finance, there are certainly also people who have greed outside of finance such as greed for position, power or others. when greed arises, the consequences are not small, gambling which is known as a game of luck with its victory certainly determines clearly that no victory can be obtained in a row or continuously, when someone has won and still wants to win, then most likely defeat will still occur and that can trigger him to become emotional and uncontrolled.

we must be able to balance everything well, see ourselves where we can experience uncontrolled emotions when we find something unpleasant, besides that no one is happy when they lose something that has made them happy and that is victory, therefore when the victory that has been obtained is lost it is not strange if upset or even depression occurs, but that is a consequence of greed, if only not following greed maybe something like that would not happen.

One of the things that I've learned over the years is that some people are different.

And that means that some people will be always gambling at the casino, others will be always drinking at the bar....

But there are also other people at the library, at home, riding their cars, bicycles, etc.

Not everyone ends up in the same area that we are living.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
August 19, 2024, 09:39:24 PM
Greed is one thing that is instilled in every person as an individual and eBay actually matters is the ability to balance our greed level at all times and always learn contentment.
greed is a natural trait that everyone certainly has, not only in terms of finance, there are certainly also people who have greed outside of finance such as greed for position, power or others. when greed arises, the consequences are not small, gambling which is known as a game of luck with its victory certainly determines clearly that no victory can be obtained in a row or continuously, when someone has won and still wants to win, then most likely defeat will still occur and that can trigger him to become emotional and uncontrolled.

we must be able to balance everything well, see ourselves where we can experience uncontrolled emotions when we find something unpleasant, besides that no one is happy when they lose something that has made them happy and that is victory, therefore when the victory that has been obtained is lost it is not strange if upset or even depression occurs, but that is a consequence of greed, if only not following greed maybe something like that would not happen.
legendary
Activity: 3346
Merit: 3125
August 19, 2024, 09:15:28 PM
I have seen cases like this a lot of times, not with booking bets, but on casinos in general. People who win big and then lose it all and more. We must be lucky to hit a Jackpot or to get a massive win, and the odds of getting two of them in the same run are low as hell, i don't say it never happens, but it happens 1/100 times. I remember once a guy hit an x999 back-to-back on Plinko, and i personally hit an x9,900 two times in less than 3 minutes. so, it can happen but it isn't easy at all. Now i gamble with another mind, i walk away after a big win, and that's the right way to end with profit.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 19, 2024, 09:03:05 PM
Is there a connection between greed and addiction? It seems to me that gambling is precisely about possible addiction, when a player cannot control his desire to win. And I have always attributed greed to simply a human character trait, when a person can be too greedy either to himself or to others, but I do not know how this can be attributed to gambling. Unless in the case when you start winning, and want to make even more bets, and for a larger amount in the hope that the winnings will continue.
Yes, that is connected for me because when you greed, you will not know your limits and will not stops from playing gambling. You will want to wins more and more money but the fact you will difficult to win even for small money. If you can not stops yourself from playing gambling, it is just a matter of time for you to see you gets deeper in gambling which can makes you addicted to gambling. You will not realizes about that because you have your greed and want to wins more.

When you have a hope to wins more from gambling without thinks that gambling is not a place that can gives you the money, you will not stops from keep trying to wins. The gambling addiction will comes to you easily and even when you can win, that will not stops and realizes that you must stops immediately but you want more winning.
copper member
Activity: 56
Merit: 1
August 19, 2024, 12:56:57 PM
~snip~
Inner balance plays a key role while we take action, so, by being with a cool head in a situation where the awaited jackpot is at stake, the odds of doing something wrong or because of greed decrease.

At the end of the day, all that it does is to minimize losses.

If you refer to having a cool head in terms of knowing when to stop gambling, then yeah, it is simply putting a stop to the free fall of the gambler's financials.

A good approach is to know in advance how much the gambler will be happy to spend, and only use up to that amount.

Yep, good planning would make anyone's experience better, you are right Grin
hero member
Activity: 1316
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Leading Crypto Sports Betting & Casino Platform
August 19, 2024, 12:51:38 PM

I think I will ask about what is meant by it is okay with greed as long as it is not done excessively, my friend, isn't greed included in the category of excessive actions? I think of course, because greed means that you are risking something much bigger in order to get a big win. Maybe you say that because your friend managed to win with the prediction you gave earlier and then he gave some of his winnings to you, but of course gambling is not just about winning, I would say that your friend's success is nothing more than luck that comes at the right time, and maybe if your friend at that time experienced defeat then maybe you wouldn't say that greed is an action that is not a problem to do.


Naturally, humans are characterized with greed believe me or not but that is the truth and it is a bitter one at that hence my reason for saying that greed is only problematic when it is excessive . But however, it I think we are still on the same page since am not literally saying that greed is completely ok if only you gat my points correctly, yes gambling is not just about winning only there could be losses too, as to this regards if one can maximize opportunities without struggling to achieve it or regret ever taking such action there is nothing absolutely wrong with that, what the guy would have done is to bet the one he gave his friend same way before adding extra game to avoid regrets but however two things are always involved which is either winning or Lossing.

Greed is a natural trait in humans, yes I understand that because it is something natural, but if we talk about gambling then of course it is clear that anyone must be able to try to ignore greed, although I am sure that greed cannot always be avoided at certain times especially when the level of awareness decreases, but the point is at least planning related to preventing greed must be had.

On the other hand, I seem to understand what you are saying that the conclusion is that any action taken by a gambler regardless of whether it is an act of greed or not in the end all of that will not be a problem if only they have a good level of risk acceptance in themselves, in the sense of having good responsibility for all actions and decisions that have been taken at the beginning, but I would also say that being responsible for aggressive actions and decisions is difficult to do, or unlikely, therefore this is why prevention is always much better than cure.
Greed drives us, for better or worse. Greed can be your best friend or worst adversary in gambling. Some say to "ignore" greed. It wont happen. When a significant win is at stake, greed is strong. We must comprehend it rather than ignore it. We must master it

This requires self-awareness. Knowing when greed clouds judgment is crucial. You must ask yourself, "Hold on, am I making this decision because its smart, or because Im greedy?" Thats hard but necessary. It goes beyond risk tolerance. It requires long-term vision. Greed demands rapid pleasure. It seeks speedy victory. Successful people play the long game. It requires wise, reasoned decisions even when your intuition tells you to go all-in.

What about when you're exhausted, stressed, or confused? Thats when greed is most deadly. You'll need strategies to control it then. Limiting your bets may help. Taking a pause when overwhelmed may help. Maybe stop the game. Gambling requires talent, not luck. The best players control their greed, not let it control them. They know the real win is mind control, not money
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 19, 2024, 08:09:00 AM
I’m not a fan of so much picks on a particular bet slip but regardless, the only reason why I wouldn’t win along someone else is maybe if I don’t have the money to stake on the game else, when someone gives me a game to play, I literally don’t have to add any more gain but rather if the games are much, I might have to take off some games rather than add.

Greed is one thing that is instilled in every person as an individual and eBay actually matters is the ability to balance our greed level at all times and always learn contentment.

Indeed, contentment and not to exceed from whatever limits that you setup there are many gamblers who suffers out of greed as they unable to manage their emotions when they are already in the situation, things are different when you are in the winning streaks and without any good practice you'll end up losing everything back.

You have to make sure that you are willing to take that risk and you are ready to let go without any hesitation to make your gambling not as stressful as it is and it will not frustrate you that much to lead you to keep adding more money.
legendary
Activity: 1596
Merit: 1183
August 19, 2024, 03:14:51 AM
Many gamblers doesn't know when they must stop from playing gambling and that makes them lose much money. When our greed increases, we will forget about everything including our limitation and makes us lose more and more money. We will not thinks that playing gambling is for recreation or have fun but we will thinks that playing gambling is for winning the money.

Greed will go ups and downs so we must know how to control ourselves and prevents the greed becomes big. That is why we must learn many things to control ourselves so we can enjoy playing gambling and will not spends much money. When we can win from gambling, we don't have to thinks about winning more money instead just thinks to stops from playing gambling and save our win money.
Is there a connection between greed and addiction? It seems to me that gambling is precisely about possible addiction, when a player cannot control his desire to win. And I have always attributed greed to simply a human character trait, when a person can be too greedy either to himself or to others, but I do not know how this can be attributed to gambling. Unless in the case when you start winning, and want to make even more bets, and for a larger amount in the hope that the winnings will continue.
Of course, such moments happen to players when they are lucky and they continue to bet even more furiously and passionately in the hope that they have caught a wave of luck, and it must be saddled while there is such an opportunity. But of course, this is only an illusion and it makes no difference whether the player continues to bet or finishes the game and continues in a week, because all games are one big distance and it ends only at the moment when the player never enters the game to test his luck again. Many players do not understand this and bet every time as if it were the last, not even suspecting that they will return here again and more than once.
We even have an expression that "a greedy player pays twice as much as a regular player". I think it was invented by smart players who learned from bitter experience. The thing is that you can't determine for yourself whether a player is greedy or not before the game starts, it can develop slowly and mix with excitement. If a newbie comes in with interest and curiosity, then over time it develops into aggressive and big bets, even if he didn't expect it, but of course not for everyone, but you should always remember this and control this fine line, otherwise you can become greedy and lose all the money, and in the worst case, even the money we borrowed from friends and acquaintances.
Here the most important thing is what awaits such a player at the end of the road, but of course no one wants to think about it, because apart from debts and regret, there will be no money lost due to excessive greed. Of course, I sympathize with such players, but before any business in life, you need to study any topic and read at least a couple of articles, forums to find out the different situations that can arise with a player who is going to play. Here, studying the experience of other players with whom you can communicate will be very helpful. In addition, you need to know yourself and your character, whether we are greedy for money, victories, because this may turn out to be our weakness due to which the player can lose money and he will want to win back or, if he wins, get even more than he won.
hero member
Activity: 1008
Merit: 960
August 19, 2024, 03:13:40 AM
~snip~
Inner balance plays a key role while we take action, so, by being with a cool head in a situation where the awaited jackpot is at stake, the odds of doing something wrong or because of greed decrease.

At the end of the day, all that it does is to minimize losses.

If you refer to having a cool head in terms of knowing when to stop gambling, then yeah, it is simply putting a stop to the free fall of the gambler's financials.

A good approach is to know in advance how much the gambler will be happy to spend, and only use up to that amount.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
August 19, 2024, 12:56:43 AM

I think I will ask about what is meant by it is okay with greed as long as it is not done excessively, my friend, isn't greed included in the category of excessive actions? I think of course, because greed means that you are risking something much bigger in order to get a big win. Maybe you say that because your friend managed to win with the prediction you gave earlier and then he gave some of his winnings to you, but of course gambling is not just about winning, I would say that your friend's success is nothing more than luck that comes at the right time, and maybe if your friend at that time experienced defeat then maybe you wouldn't say that greed is an action that is not a problem to do.


Naturally, humans are characterized with greed believe me or not but that is the truth and it is a bitter one at that hence my reason for saying that greed is only problematic when it is excessive . But however, it I think we are still on the same page since am not literally saying that greed is completely ok if only you gat my points correctly, yes gambling is not just about winning only there could be losses too, as to this regards if one can maximize opportunities without struggling to achieve it or regret ever taking such action there is nothing absolutely wrong with that, what the guy would have done is to bet the one he gave his friend same way before adding extra game to avoid regrets but however two things are always involved which is either winning or Lossing.

Greed is a natural trait in humans, yes I understand that because it is something natural, but if we talk about gambling then of course it is clear that anyone must be able to try to ignore greed, although I am sure that greed cannot always be avoided at certain times especially when the level of awareness decreases, but the point is at least planning related to preventing greed must be had.

On the other hand, I seem to understand what you are saying that the conclusion is that any action taken by a gambler regardless of whether it is an act of greed or not in the end all of that will not be a problem if only they have a good level of risk acceptance in themselves, in the sense of having good responsibility for all actions and decisions that have been taken at the beginning, but I would also say that being responsible for aggressive actions and decisions is difficult to do, or unlikely, therefore this is why prevention is always much better than cure.
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