Topic: Consequences of greed - page 6. (Read 2401 times)

       -     Greediness never really does anything good, so it really shouldn't be allowed to enter our personalities as gamblers. It's just that most of the crypto gambling communities can't avoid it. If it's me, I've experienced it once too, but I managed to stop myself.

So as long as we can control and discipline ourselves, let's do it and be responsible gamblers most of the time. Let's not let our emotions be implemented incorrectly, or else we will be controlled by them, which will eventually end up in defeat for sure.

I won't call it greed either because gambling is based mainly on luck and the guy with his friend that won didn't know that the ticket will win. If the additional game that the guy added had won, his win could have been greater than his friend's own and we would've been praising him for being very brave not greedy. Gambling is risky and the more you're increasing your chances of winning more the riskier it gets, the guy's friend won that huge amount because of the high amount of matches on the ticket. It'll no doubt be painful to him for not winning because he added another match but if he gambled with the amount that he can afford to loose then he should move on. He has to console himself because if the game had played accordingly he'd be smiling so better luck to him next time

I will not blame them as most games today especially the slots games are offering multipliers that reach unexpected heights. Greed comes mostly from those who experience a big win that they want to repeat but most of the time it won't happen again for a long time.

Without risk, we cannot really win anything at all. You come to a gambling site to have some fun but in doing so you must risk your money to make it more enjoyable and that's still a risk.
I think the problem is when there's no money budgeting where a gambler cannot control his gambling expenses anymore and he will just keep on depositing even though the money is meant for something more important. Now, that is stupid.

The problem is not knowing how to stop. In poker, you often see a recreational player, which you can tell he is, having incredible luck with the cards, in the short term, and what he does is move up a level. You can see this in land-based casinos or in small online casinos. Then they go up a level, and if they are lucky, they go up again, until a moment comes when their luck runs out and they lose everything.

It is as if when they win, they think they are on a winning streak, instead of realizing that it is the opposite, that they have had too much luck and the best thing to do is to stop playing, cash out and leave. But greed gets the better of them and it backfires.

Yeah, greed is the monster that inside of all gamblers and needs to manage before that feeling can tempts us to still playing gambling without stops. We know how dangerous of greed when a gambler becomes greed and wants to get more winning from gambling. That can makes them lose more and more money but they will not see what happens to them. Awareness will stops us becomes greedy so we can quit gambling immediately before we use more money to playing gambling. We can not risks much money to playing gambling because that will gives more consequences to us which is losing more money that we can not accept.

We must remember that the house will always win and takes much money from the lose gamblers so we must prevents the big lose and only use enough money to playing gambling. When we can still aware of our situation, we will not trying to keep playing gambling especially if we already lose some money and we will always holds our greedy not to becomes big.

greed is one problem that usually destroys gamblers, and it often appears when gamblers feel too confident and too eager to get more money from their bets. they only focus too much on getting money and set aside their sense of sufficiency, and in the end they only get losses because of that greed.

If only they felt enough with the potential profit they had gotten, maybe they could get enough money for themselves, but they prefer to risk getting more and instead lose it, and that's pretty stupid.

Indeed, greed tends to lead to misery only, changing pleasure into financial ruin. Therefore, as much as possible when gambling, we must be able to restrain ourselves so that greed does not arise in us, the point of greed usually appears when we have succeeded in getting a win, indirectly the victory that is obtained can make us think that we can still get another win even a bigger amount so that someone who fails to control themselves will certainly be greedy will be followed by continuing to bet with the victory that has been obtained which is likely to be defeated and make the victory disappear.

You are right, the dealer has an advantage, so whatever the circumstances, the player only has a small advantage. Applying smart gambling is something that is rarely owned by gamblers because indeed a tempting victory can shake gamblers, only people who are truly smart and wise can cash out their winnings at once without thinking twice.

I share in this view, that luck is supreme in gambling, which causes people to be disappointed most times because they can't always be lucky. But this is still subject to what we are gambling. If it is in sports betting, luck plays a huge role but at the same time, expertise is important. And I tell you, those who are so good in their sports predictions have a high tendency to make it faster, all they need is the right information and interpretations and their betting will attract more winning regardless of how anyone feels about luck.

But in some cases, they might need the luck when the games are kneeling contexts, but tell me, who can control/conjure luck? That is why such gamblers will continue to focus on their expertise and I tell you that it works for them with the little I've seen. But for the casino systems, you can't just take luck for granted, or else, you will learn bitterly.

That's how you fall into the trap of spending every last bit of your money; it's just $20, you say, and keep on gambling. You never actually realize that if you multiply these $20s multiple times per month, you have a healthy amount of money that you could have saved but instead prefer to gamble them away even though they are the last bit of cash you have available. I've seen it in person in more than one instance.

Most people think they're in charge of their gambling habits; however, in reality, they are not. Those who say they can stop at any time usually cannot. This is why the casino's best customer is the poorest one.

Usually poor people would really be having those kind of thoughts specially on their last cash or money that they do have in hand. They would really be mainly thinking that gambling could really be able to solve out
their poverty and this is why they would really be that desperately trying out to achieve on what they do have in mind, until that gambling would really be messing up those expectations or on the time that reality would really be slapping into their faces. This is why it would really be just that important that you should really know on how you would really be treating up gambling on which we know that this is really just that for the sake of fun and you wouldnt really be that making yourself that be ending up on being desperate. This is why it would really be that important that you should really know on what you are doing.

You cant really just that make yourself having that kind of delusional approach towards it because on the time that you would really be having this kind of approach on things then you would
really be that finding yourself to be that so desperate and this is something which is really that bad when it comes to gambling. Never ever make yourself that being too greedy
because this would really be pushing you to your limits or even out of it.

What happened is not just a matter of greed, this can happen to any random gambler. Sometimes when we are giving game by someone their is this belief that if we play the game in our way by adding more it can end up as win. Gambling is just a game of luck which you can never predict what can be the outcome of the game. I won't blame him for changing the game because it  is possible for same thing to happen next time that will lead to win.

For me I don't think what happened was as a result of greed,  just that the dude had so much confidence that his own game will be a win for him but it was so hard that he missed the game that would have been a huge win for him.

Some people would see that as the right thing to do after all he was the brainbox of the game but he doesn't get to tell his friend what he's going to get out of the money , his friend can give him what ever he can give... sometimes when we make multiple selections we should avoid combining too much games but that's what makes It fun and interesting, it's something that has an uncertain outcome.. that's why I love to bet online so that I can monitor my games and cash out any little thing when it starts going sideways

Gambling is the poor people's hope for money; however, we need to acknowledge that the chances of us becoming rich through these casinos are non-existent; we shouldn't have these expectations in the first place. I couldn't have said it better myself. The reason you start is to have a good time. Certainly, the aspect of money is what keeps us going, but set realistic goals and don't go overboard. It's a plague: you win once, you get excited, you start increasing your bets, and after your second win, you're overjoyed but still thirsty for more, and this is the point where things start to get south. 

Don't fall into the loophole of betting more and more in your attempts to achieve your unrealistic targets.

The point is that self-control will most likely only be able to be done by gamblers who do have good discipline in themselves regarding the planning they have made from the start, and of course when you are able to apply discipline then everything will be fine, in the sense that you will not easily fall into any situation especially when you are in a losing situation which is usually a common situation for irresponsible gamblers to release blind responses and reactions by taking various aggressive actions.

On the other hand, yes, as you said, gambling is a game that can trigger abstract reactions from a gambler, especially when they are faced with a losing situation, but I think it is quite simple to say that negative reactions will only arise from within someone who is irresponsible because of the annoyance in him due to having the intention and goal of always pursuing victory from the start.

It's very true that there's a biological ink to all of the reactions we get gambling but consequently, these reactions can be subjected under control of the gambler happens to take disciplinary measures to effect control on their biological trigger of responses to the results we get from gambling which includes both the losses and wins. Gambling just like other games and entertainment has always been a trigger to human reactions and moods but only the disciplined ones get the best of this reactions.

What do you mean he received a code?, It its just like a tip came from other people?, if that's the case I guess its possible to happen but not as always it could be accurate, also your friend already wins a large amount and it seems ideal that he make a cashout to prevent more losses sometime player keeps testing out their luck, its like an easy money to achieve the large amount and the easy to vanish at the same time well its a part of the gambling so there's nothing new about it. It is better to make awareness if you have a target goal to play greedy decisions sometimes makes more terrible moves and consequence is to lose more.

Such a person does not think long but only follows his desire to continue to want to gamble, I also experienced when I was a beginner in gambling but in the end we learned how gambling must be managed as well as possible so as not to overdo it which requires all capital in gambling.

If all the capital for gambling then believe me he bankruptcy will come quickly, when he is bankrupt he will regret being a poor person who has no money anymore, well then we should not take radical action in gambling if this is considered fun then it is impossible for all capital to be spent in gambling games.

Exactly, assuming both of them knew that the game is a sure bet, the predictor will not add anymore games to his bet and both of them will increase their funds to hit it very big. But gambling wins are gotten by chance and that is why it is difficult for one to know the exact game that will bring him profits.

I would not say that it was greed that caused the predictor adding more games, it was because he was not sure amd was doubting his predictions, but his friend that didn't pass through any stress and got the predictions easily was happy and that was why he placed his bet without adding or subtracting any match because he does not want to stress himself and it worked for him.

I honestly think it's a strictly biological and chemical reason. When you win you have very high levels of dopamine and dopamine is like a drug. It is addictive and you need increasingly larger doses to have the same effect. I think this is the main reason.

It has not happened to me but I would not look too much into it, if the person that gave the tip to his friend knew for sure that bet was going to be the winner, then it is clear they would have increased their bet size as much as they could to maximize their winnings instead in this way, so he just happened to predict that game correctly and fail at the rest of the games, and while it makes for an interesting anecdote, there is not really much that can be learned from it.