Does Low Risk Gambles Create Success ? Does this made you a Smart Gambler? - page 2.

Johnzky

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Quote from: acroman08 on May 26, 2019, 12:35:32 PM

The smart gambler are the ones who knows when to stop either you are winning or losing being logical
and reasonable while gambling helps you a lot to think clearer and make the right decision when it is needed.

It’s easy to say but harder when we are the one who’s into gambling..

Many of us are saying that we must be in control while playing,we should be managing our lust in winning but the truth?its only a word but not in reality

Though being responsible type of gambler may bring us more chance of success than those who play for addiction or lust

izanagi narukami

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Low risk gambler = loss eventually
High risk gambler = the winner

Let's take a look for Dan Bilzerian as the winner, he not gamble with low risk / low capital,right ?
He have guts and luck so they meet at the perfect time !

Betwrong

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Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

From a neutral view point, it's always needed to make gambling decisions in a neutral mood (which is extremely hard as human beings) and smart gambling is a habit forming, IMO.
By looking for a definition for the Smart Gambler, i found this:

Quote from: https://www.urbandictionary.com/define.php?term=smart%20gambler

A smart gambler is one who does not go to the ATM at the casino.

What should be the right definition of a Smart Gambler?
~

Although this "Top definition" has only one like, and there are no other definitions, I must say, I agree with it. Indeed, a smart gambler, in my opinion, should not deposit more and more during the same day, playing ob a gambling site, and he/she shouldn't go to the ATM in a land based casino. That doesn't imply that he is always winning. He can be losing most of the time and still be a smart gambler to me. Whether you are winning or losing depends on luck, not on how smart you are. But if you can allocate a certain amount for gambling, and can restrain yourself from going over the limit, that's what makes you a smart gambler.

Indrawan77

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Smart gambler is the one who can control himself and not overspend the money that he/she had, the gamblers who think that they can make money from gambler is the dumb gambler, and there is no such thing as success in gambling, gambling is only for entertainment

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Quote from: GreatArkansas on May 26, 2019, 09:47:21 PM

Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

Does it really exist those smart players who can make make small bets that win big?

The bigger the risk, the bigger the reward. But that is very risky, you can lose your funds in easily, what is good is you should think that the longer you will stay, the huge reward you will earn.

Try to risk a small number of your funds, but "If I risk a small amount, I will have a small reward", it's ok. As long as you will stay and the longer you stay, the huge reward you will gain.

Low risk by definition means lower chances to bust,,, and if the aim of the gambler is to stay in the game for as long as possible, then low risk is the way to go. I think this can be useful in poker tournaments for example. Just keep folding on bad hands and only take good hands and call if not sure of strong cards,,, all the way until other people bust and you are left in the round.

I never won a tournament like this but I sometimes end up on last table with bonus and consolation prizes. Seems a good strat for me;)

Rufsilf

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Quote from: acroman08 on May 26, 2019, 12:35:32 PM

The smart gambler are the ones who knows when to stop either you are winning or losing being logical
and reasonable while gambling helps you a lot to think clearer and make the right decision when it is needed.

I couldn't agree more, it is very important for a gambler to be responsible and smart with their actions to avoid bigger problems. As a gambler, it is also important that you have control of your self for you to be able to think of the right decision for a specific situation. On the other hand, doing low risk gamble is not a smart thing to do because for me, it does not create success, I think doing that will just even out your investments but will not give profits in the long run. Success does not always come in a silver platter it always have risk along with it, it's just how you're able to deal with the risk and counter it.

MidKnight

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Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

From a neutral view point, it's always needed to make gambling decisions in a neutral mood (which is extremely hard as human beings) and smart gambling is a habit forming, IMO.
By looking for a definition for the Smart Gambler, i found this:

Quote from: https://www.urbandictionary.com/define.php?term=smart%20gambler

A smart gambler is one who does not go to the ATM at the casino.

What should be the right definition of a Smart Gambler?

I don't have past stories about gamblers making huge profits without risks, but this lead me to ask; is this even possible? Does it really exist those smart players who can make make small bets that win big?

Trust me brother, that small bets will make you lose your patience quickly. Greediness will eat your soul in a matter of minutes no matter what you do when you are gambling. Low risk is a long game and I remember doing that strategy but after that small loss in the middle of my game, I also lose my cool and start betting 2x and above until I bet everything.

swogerino

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I think that low risk gambles can only create success for a short amount of time and it is not sustainable in the long run.I remember when I thought just like this and started to bet on Roma in Serie A against last place Chievo with an odd of 1.16 and the game ended a draw.

A lot of this bets end draw this is the reason I think low risk gambles do not create success.

iMark

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Quote from: Lakai01 on May 26, 2019, 01:39:28 PM

Quote from: acroman08 on May 26, 2019, 12:35:32 PM

The smart gambler are the ones who knows when to stop either you are winning or losing being logical
and reasonable while gambling helps you a lot to think clearer and make the right decision when it is needed.

Exactly, but this is not only true for gambling. Keeping your mind clear and feelings out is a key for being successful in (crypto) trading as well. Big losses happen in hurries or bad mood, same goes for gambling when you eg. wont believe that you are at a loss streak and keep on playing.

Smart gamblers must be smart also in managing their capital at gambling. like the word of OP that smart gamblers will not
go to casino ATMs again if their money is runout, smart gambler has a plan of how much money they should spend on gambling

mu_enrico

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As others have pointed out, you missed the point of this quote:

Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

Quote from: https://www.urbandictionary.com/define.php?term=smart%20gambler

A smart gambler is one who does not go to the ATM at the casino.

"one who does not go to the ATM at the casino" does not mean that the guy won, but it means that you should stick to the initial plan. If you plan to gamble with $100, then you should never draw more money if you lose all of your $100.

Low-risk gamble means low return, and it merely an illusion except if your goal is not about profits, but about playing time.

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Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

From a neutral view point, it's always needed to make gambling decisions in a neutral mood (which is extremely hard as human beings) and smart gambling is a habit forming, IMO.
By looking for a definition for the Smart Gambler, i found this:

Quote from: https://www.urbandictionary.com/define.php?term=smart%20gambler

A smart gambler is one who does not go to the ATM at the casino.

What should be the right definition of a Smart Gambler?

I don't have past stories about gamblers making huge profits without risks, but this lead me to ask; is this even possible? Does it really exist those smart players who can make make small bets that win big?

I think smart gambler is a gambler who can use and make a limit for his money in the gambling game and he knows when he needs to stop from playing games. That gambler will never spend too much money on gambling because he knows that will only give him a chance to lose big money, so he wants to prevent to get big lose too.

It is possible to make small bets that could win big money, but that depends on how good the luck comes to you because, in the gambling game, we all need to have lucky. No matter how much money you use, if you have luck, you will have a chance to win big money. And if you don't have luck, no matter how big money you use, you will lose all of the money.

So low-risk gambles can create success, but that depends on the luck factor, but that doesn't make me smart gambler because the smart gambler is about how we use and spend the money in the gambling games.

bering

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Success in gambling only belong to the owners itself because only them can get steady profit and i think playing with low odds would not guarantee people will be success and also low risk low odds means low of profit i don't think most of people liked this strategy since i know some of gamblers are willing to bets high with high risk because they says better lost with deep but sometimes won with huge amount of money rather than playing safe

webtricks

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Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

What should be the right definition of a Smart Gambler?

I don't have past stories about gamblers making huge profits without risks, but this lead me to ask; is this even possible? Does it really exist those smart players who can make make small bets that win big?

Yeah, that's pretty much possible. I have seen that some gamblers who love to chase 990x or even 9990x on Gambling sites. They actually divide their total capital (let say 0.1 BTC) into smaller amounts (let say 0.0001 BTC) and play series of multiple bets. In the example above, 1000 bets can be played and winning even a single of them can give 10x return on the total capital to the gambler.
I won't say this is a best way of gambling but still few of the gamblers have been successful by following this strategy. However, deep down we all know Gambling is just a matter of luck. So Smart Gambler is one who doesn't let gambling get on his nerves. Even in unfavorable situations he plays with pre-intended strategy and don't let pressure making him take wrong decisions.

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Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

From a neutral view point, it's always needed to make gambling decisions in a neutral mood (which is extremely hard as human beings) and smart gambling is a habit forming, IMO.
By looking for a definition for the Smart Gambler, i found this:

Quote from: https://www.urbandictionary.com/define.php?term=smart%20gambler

A smart gambler is one who does not go to the ATM at the casino.

What should be the right definition of a Smart Gambler?

I don't have past stories about gamblers making huge profits without risks, but this lead me to ask; is this even possible? Does it really exist those smart players who can make make small bets that win big?

Lower bets would have more chances for you to change your strategy but you are not going to make a profit from less risky bets.
As the house always wins, the longer you play, larger is the chance of your losing. You can win over house for some bets but if you are not clever enough to withdraw, you will lose your earnings again.

rosezionjohn

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That smart gambler definition is just too funny for me. I mean if you keep going going to the casino's ATM then you are losing big time. Being a smart gambler, it's probably best to stop when you are already on a losing streak.

GreatArkansas

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Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

Does it really exist those smart players who can make make small bets that win big?

The bigger the risk, the bigger the reward. But that is very risky, you can lose your funds in easily, what is good is you should think that the longer you will stay, the huge reward you will earn.

Try to risk a small number of your funds, but "If I risk a small amount, I will have a small reward", it's ok. As long as you will stay and the longer you stay, the huge reward you will gain.

samcrypto

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Quote from: Carollzinha on May 26, 2019, 07:52:27 PM

Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

I don't have past stories about gamblers making huge profits without risks, but this lead me to ask; is this even possible? Does it really exist those smart players who can make make small bets that win big?

Gambling is all about luck afterall and don't matter how "smart" you are in a long term run strategy the casino will always end up taking back the money you have been able to "win"

Being smart is always good but you just need to have a good plan and always be wise on controlling your emotion in gambling. Yes, its a luck game and the house always win but as a gambler we must do what is right, being successful doesn't mean you earn money in gambling. Losing is more possible than to make money, gambling designed for that having a low risk bet doesn't make you win money it will still depend on your luck. Be smart and be patient, don't gamble for the sake of earning money and not for having fun.

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Quote from: Carollzinha on May 26, 2019, 07:52:27 PM

Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

I don't have past stories about gamblers making huge profits without risks, but this lead me to ask; is this even possible? Does it really exist those smart players who can make make small bets that win big?

Gambling is all about luck afterall and don't matter how "smart" you are in a long term run strategy the casino will always end up taking back the money you have been able to "win"

However we get unlucky to win, always everyone gets to a point to quit or to continue it for the day. If one is good in limiting himself he needs to take a break at the point for some time being unlike the winning and loss. This way of gambling helps in keeping ourselves successful than just going without limits where we continuously tend to get back the lost fund in a short which itself the beginning of destruction.

Carollzinha

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Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

I don't have past stories about gamblers making huge profits without risks, but this lead me to ask; is this even possible? Does it really exist those smart players who can make make small bets that win big?

Gambling is all about luck afterall and don't matter how "smart" you are in a long term run strategy the casino will always end up taking back the money you have been able to "win"

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Quote from: Kavelj22 on May 26, 2019, 12:07:12 PM

Quote from: https://www.urbandictionary.com/define.php?term=smart%20gambler

A smart gambler is one who does not go to the ATM at the casino.

What should be the right definition of a Smart Gambler?

That's a great point because it means that you don't go beyond your limit and you are not forcing yourself to get back your losses and that can make you a smart gambler. Its hard to win in gambling, its a game of luck so we should play wisely and do not chase your loses anymore. I don't bring ATM's or cards with me, I just want to play for the money i have in my wallet and that's ok for me, don't be greedy while playing in the casinos.

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