Pages:
Author

Topic: Focus on how much you may lose and not only the potential win. (Read 1959 times)

legendary
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
How is  gambling site a place for fun? Are you saying you gamble for fun, in what sense?, Are you implying you care not to lose or win but just bet randomly since it's fun?

Risking little money isn't enough, Risking what you can afford to lose is the key, the often case is gamblers taking the win into consideration and careless about the lose, thus giving room for greed to kick in. Moderation over everything, play according to the rules, understand the fact that Gambling isn't a means of income.
I don't know any other reasons to gamble but for fun or addiction. Or in some cases i suppose some people do that for living. But the fact that risking "little money" isn't not enough for you doesn't mean it's can't be enough for others. And by little money i mean same equivalent of value compared to living. Not just literal same value. Some people can only afford that "little money" after they do their budget. It might be 0.0001% to 5% of the income or what ever. And it only matters to people who are gambling with it. No one else has any say if it's enough.

Not everyone is greedy, and that's just ok. Usually people care if they win or lose, but small amounts keeps it fun and not just for adrenaline and dopamine rush or optimal win/loss possibilities.
hero member
Activity: 910
Merit: 875
Not Your Keys, Not Your Bitcoin
But if you do that, you won't have the privilege of enjoying your gambling because you're spending your time worried at the back of your mind that you're losing this (what you could be losing at that session) much. For me, it's better off if you don't think of what you could lose and what you could win, focus on what matters at the moment which is the game that you're currently playing, you can't change the outcome if you think or worry about it, just do what you have to do and worry about the consequences later, the it's not called a hindsight if you do it along the way.

Managing the amount you want to risk to bet doesn't change anything, it's more like looking out for the amount you can afford to lose any of your games that you want to wager or bet on because your stake size doesn't determine if you are going to win or not and the amount you lose can't be recover that is why you must manage your risk, manage the money yiu can let go and make sure it's not a borrow funds so you don't have to run hecter for a way to pay back.

I fact, if you focus on how much you will lose, you stand a lot to gain. Imagine you have an option like today match where Manchester City against Nottingham and they gave you an option of 1.7 odds and that means that anything you stake on that game is will give you 70% of what you staked and you then focus on that percentage you will gain, you refuse to look at what if Manchester City lose because football can happen anytime and any team can lose. If you bet your house rent and refuse to think about the money used, you might regret later if Manchester City should have lost that match.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform


They must be able to start thinking about not using gambling as a place to make money, just to have fun. They should gamble to fill their time and to have fun rather than thinking about winning money.

I disagree with you Mate. The game is fun, but our actual thought was we winning on that game not for the fun of the game, so how then should we say gambling is fun and thinkless of winning,lol.
Time is precious, gambling shouldn't take or used up time for useful process.

I think we are all lieing to ourselves, we just have to moderate it. Gamble within our risk tolerance, avoid chasing the fantasies of casinos this will go along way. As OP rightly said,  think of your potential lose in relative to your winnings before placing any bets to be sure you're ready and willing to accept the outcome.

Games should be seen as just fun. When it says that games should be seen as fun, it just means that people shouldn't put money into games when they know that it's money they can't afford to lose, for example a person has a salary of $1000 per month. month, this person has bills worth $800 per month to pay and has $200 to have fun, so this person should not take the $1000 and put it in the game with the aim of making a profit and turning the $1000 into a lot of money and pay bills. This person cannot think that gambling is a means of making a profit. Another example is a person putting $100 into gambling with the aim of making a profit in the long term, turning the $100 into a lot of money. this person had lost everything

Now when people look at gambling as fun, then they will put in money they don't need, money they can lose and won't miss, and they won't be thinking that the money they put into the casino must become too much. for example, someone who earns $1000 per month in salary and has $800 per month in bills and has $200 to have fun, that person can take $50 and go play and when he is playing he will not expect to win and have a lot of money. She looked at that 50$ as lost money, just as she also put 50$ to go to the beach to have fun and looked at the 50$ at the beach as lost money
jr. member
Activity: 0
Merit: 0


They must be able to start thinking about not using gambling as a place to make money, just to have fun. They should gamble to fill their time and to have fun rather than thinking about winning money.

I disagree with you Mate. The game is fun, but our actual thought was we winning on that game not for the fun of the game, so how then should we say gambling is fun and thinkless of winning,lol.
Time is precious, gambling shouldn't take or used up time for useful process.

I think we are all lieing to ourselves, we just have to moderate it. Gamble within our risk tolerance, avoid chasing the fantasies of casinos this will go along way. As OP rightly said,  think of your potential lose in relative to your winnings before placing any bets to be sure you're ready and willing to accept the outcome.
full member
Activity: 661
Merit: 112
If you knew that gambling sites were just a place to spend your free time, you wouldn't think of having any other purpose than just having fun. After all, we gamble for fun and not to make money. If your goal is to get money from gambling, it doesn't seem right because it's not easy to get money from gambling.

That's not the point, it's precisely the possibility of winning money that makes gambling fun. The problem is not so much getting money from it as being aware that the odds are against you and that, although in some sessions you may end up positive, in the long run you are going to lose money. Nobody should sell you a system to beat the house, such as Martingale, because they are bullshit.
The possibility of winning money will always exist, but they don't need to consider it too seriously. If they can learn from other people's experiences, of course, they will not want to take the risk of losing more money from gambling. They really have to focus on the number of losses because that is what they will get more often than wins. When they start gambling, they should be able to see how much potential loss they can incur from gambling.

They must be able to start thinking about not using gambling as a place to make money, just to have fun. They should gamble to fill their time and to have fun rather than thinking about winning money.
full member
Activity: 742
Merit: 170
I agree, it's important to have clear plans and set limits. This way you are prepared of what you can afford to lose from your potential losses. Losses can lead to reckless gambling behavior and financial harm, so always practice responsible gambling to maintain control and prevent excessive losses.
The problem is,we always know what to do when it comes to stopping this gambling habbit,but we find it difficult to stop or limit our expenses when you are losing,the hope of getting back the money we've lost is what kills us almost every time,and this happens because our minds are set on winning big in gambling.If we had focused on leaving every time you win a little,it would be hard for us to lose much money,but when our minds are on winning big,and even when we've lost,we still want to play,to get your money back,instead of assuming that day is a bad day for us.I have learnt my lessons in gambling,and my recent attitudes towards gambling is one that I love now.
Despite knowing the fact, we cannot control ourselves at that critical moment. A gambler's propensity to gamble may increase due to either winning or losing, but the direction in which he moves depends on the gambler's psychological state. When people who are new to gambling and lose, they are most excited to find their lost money quickly, because of which they can easily become addicted and relatively lose more. I believe that all gamblers who are prepared to lose gambling will never become addicted to gambling. Although losses are a very common occurrence for gambling, no one wants to accept these losses. It is normal to lose in gambling, but if we learn from the loss, it is possible to get good results.
legendary
Activity: 1358
Merit: 2011
If you knew that gambling sites were just a place to spend your free time, you wouldn't think of having any other purpose than just having fun. After all, we gamble for fun and not to make money. If your goal is to get money from gambling, it doesn't seem right because it's not easy to get money from gambling.

That's not the point, it's precisely the possibility of winning money that makes gambling fun. The problem is not so much getting money from it as being aware that the odds are against you and that, although in some sessions you may end up positive, in the long run you are going to lose money. Nobody should sell you a system to beat the house, such as Martingale, because they are bullshit.
full member
Activity: 661
Merit: 112
How is  gambling site a place for fun? Are you saying you gamble for fun, in what sense?, Are you implying you care not to lose or win but just bet randomly since it's fun?

Risking little money isn't enough, Risking what you can afford to lose is the key, the often case is gamblers taking the win into consideration and careless about the lose, thus giving room for greed to kick in. Moderation over everything, play according to the rules, understand the fact that Gambling isn't a means of income.
If you knew that gambling sites were just a place to spend your free time, you wouldn't think of having any other purpose than just having fun. After all, we gamble for fun and not to make money. If your goal is to get money from gambling, it doesn't seem right because it's not easy to get money from gambling. You will probably lose all the money you have at that time and that will make you return to the gambling site. You may not admit that if you return to a gambling site, it is not because you are addicted to gambling but because you just want to have another experience. However, it is a small gambling addiction that can make you keep returning to gambling sites.

In the beginning, gamblers were able to risk what they could afford to lose. However, they become eager to recover their losses and win from gambling as time passes. It keeps them coming back to the gambling site. If this is the case, they are no longer having fun on gambling sites while playing several gambling games but have changed to wanting to win.
hero member
Activity: 1498
Merit: 974
Bitcoin Casino Est. 2013
There are gamblers that have a bad plan or no plan at all about their life, they gamble with whatever amount they have rather than what they can afford to lose that won't be a worry to them if lost. There's this thought that am sure almost every gambler that have won a bet before must have had. which is the thought of "had I knew this game was going to win  I would have used bigger amount of money to wager".

~~

Sometimes thoughts might lead you toward making a wrong decision, as you can see gambling is a risk, you won't enjoy the high-risk reward if you take a large amount of wage. Gamble that you can afford to lose, or make a plan of consistent betting, sometimes emotions affect to our decision making, instead if having a plan we make a revenge wage just to gain back those losses.

But if you do that, you won't have the privilege of enjoying your gambling because you're spending your time worried at the back of your mind that you're losing this (what you could be losing at that session) much. For me, it's better off if you don't think of what you could lose and what you could win, focus on what matters at the moment which is the game that you're currently playing, you can't change the outcome if you think or worry about it, just do what you have to do and worry about the consequences later, the it's not called a hindsight if you do it along the way.

 IMO if a gambler is thinking of how much he/she will win on gamble they will not be comfortable when they lose, it's a common thing that happens almost everyday. Focusing on how much you can lose on bet can influence a gambler that starts gambling newly not to spend too much money on gamble. Because if he have some money he can be able to think that if he lose everything there will be no leftover cash for him. So not thinking of how much you can earn from gamble is better than imagining how much you can earn, such thought can make one to lose more money.

I think, it's better if we don't think about how much our possible win or loss is to avoid expectations and disappointments, and if we always think about what we will lose, maybe we will only manifest the losses instead of the winnings because that is what is stamped in our mind. It would be better if we just focus on the game itself while enjoying the moment because the more we think about the possible outcome, the more we lose focus on what we are doing.



If you are a gambler who really care with your money i guess you need to take a look with the debit and credit of your account, for example you play a lot of games and wage a lot of money and of course, you didnt notice and you won once among ten games does the total amount still profitable or not. You need to measure all things too or unless you don't really care with your money just to get entertained.
legendary
Activity: 1638
Merit: 1156
I think, it's better if we don't think about how much our possible win or loss is to avoid expectations and disappointments, and if we always think about what we will lose, maybe we will only manifest the losses instead of the winnings because that is what is stamped in our mind. It would be better if we just focus on the game itself while enjoying the moment because the more we think about the possible outcome, the more we lose focus on what we are doing.
Yep, it's really strange why someone need to think about the possible loss while gambling.

Let's say you set aside $100 for gambling, when you gamble, you're keep thinking you will loss your $100 in your mind, how can someone enjoy gambling if he keep thinking like that.

Loss is inevitable and profit is uncertain, gambler only need to focus about how much they can afford to lose.
sr. member
Activity: 966
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
But if you do that, you won't have the privilege of enjoying your gambling because you're spending your time worried at the back of your mind that you're losing this (what you could be losing at that session) much. For me, it's better off if you don't think of what you could lose and what you could win, focus on what matters at the moment which is the game that you're currently playing, you can't change the outcome if you think or worry about it, just do what you have to do and worry about the consequences later, the it's not called a hindsight if you do it along the way.

 IMO if a gambler is thinking of how much he/she will win on gamble they will not be comfortable when they lose, it's a common thing that happens almost everyday. Focusing on how much you can lose on bet can influence a gambler that starts gambling newly not to spend too much money on gamble. Because if he have some money he can be able to think that if he lose everything there will be no leftover cash for him. So not thinking of how much you can earn from gamble is better than imagining how much you can earn, such thought can make one to lose more money.

I think, it's better if we don't think about how much our possible win or loss is to avoid expectations and disappointments, and if we always think about what we will lose, maybe we will only manifest the losses instead of the winnings because that is what is stamped in our mind. It would be better if we just focus on the game itself while enjoying the moment because the more we think about the possible outcome, the more we lose focus on what we are doing.

full member
Activity: 182
Merit: 152
Never give up
But if you do that, you won't have the privilege of enjoying your gambling because you're spending your time worried at the back of your mind that you're losing this (what you could be losing at that session) much. For me, it's better off if you don't think of what you could lose and what you could win, focus on what matters at the moment which is the game that you're currently playing, you can't change the outcome if you think or worry about it, just do what you have to do and worry about the consequences later, the it's not called a hindsight if you do it along the way.
IMO if a gambler is thinking of how much he/she will win on gamble they will not be comfortable when they lose, it's a common thing that happens almost everyday. Focusing on how much you can lose on bet can influence a gambler that starts gambling newly not to spend too much money on gamble. Because if he have some money he can be able to think that if he lose everything there will be no leftover cash for him. So not thinking of how much you can earn from gamble is better than imagining how much you can earn, such thought can make one to lose more money.
jr. member
Activity: 0
Merit: 0
Most gamblers only think about the profits they will make and ignore the money they can lose if they do not go according to their plans. That is greed, and the mentality of not accepting the profits they make even though they have achieved their previous expectations. But when they win, they feel regretful for not betting a larger amount. However, there is one important thing that they always ignore: what if they lose? At that time the loss will be much greater.

That's the difference between players with a clear plan and players without any plans or strategies. These are the players at the lowest tier and the ones who always lose money. We can see this mentality and thinking everywhere from casinos to investment fields such as stocks, crypto... If they cannot give up this mindset, they will always be people who lose money wherever field they are
Many gamblers think like that when they are going to or are playing gambling because they want to make money from gambling. But it doesn't go according to plan because gambling is not a place to make money. They should not think like that and just have fun from playing gambling so that they don't lose a lot of money from gambling. If they win a certain amount of money from a small bet, they may regret it but they should not feel that way because they were lucky to win.

If gamblers understood that gambling was a place to have fun in their spare time, they would not gamble a lot of money. They will only risk losing a little money in their free time. They know that gambling will not give them a win but is just fun.

How is  gambling site a place for fun? Are you saying you gamble for fun, in what sense?, Are you implying you care not to lose or win but just bet randomly since it's fun?

Risking little money isn't enough, Risking what you can afford to lose is the key, the often case is gamblers taking the win into consideration and careless about the lose, thus giving room for greed to kick in. Moderation over everything, play according to the rules, understand the fact that Gambling isn't a means of income.

legendary
Activity: 1890
Merit: 1552
Bitcoin Casino Est. 2013
But if you do that, you won't have the privilege of enjoying your gambling because you're spending your time worried at the back of your mind that you're losing this (what you could be losing at that session) much. For me, it's better off if you don't think of what you could lose and what you could win, focus on what matters at the moment which is the game that you're currently playing, you can't change the outcome if you think or worry about it, just do what you have to do and worry about the consequences later, the it's not called a hindsight if you do it along the way.
hero member
Activity: 1498
Merit: 562
Leading Crypto Sports Betting & Casino Platform
Most gamblers only think about the profits they will make and ignore the money they can lose if they do not go according to their plans. That is greed, and the mentality of not accepting the profits they make even though they have achieved their previous expectations. But when they win, they feel regretful for not betting a larger amount. However, there is one important thing that they always ignore: what if they lose? At that time the loss will be much greater.

That's right, I agree with that and I think it is a fact that the majority of gamblers, especially beginners who have just arrived, one of the reasons for their arrival is to see the opportunity to double the money they bring in, which they think winning is an easy thing, even though it is actually the opposite. where it is much easier to experience a loss than a win. In fact, focusing too much on winning will make you or anyone else ignore other aspects of gambling, such as risks which can actually never be tolerated at any time, which simply means that as long as you are involved, the possibility of losing will continue to lurk.

Someone who comes with the intention and purpose of earning then of course they will apply greed when they succeed in getting a win where dissatisfaction about the amount of winnings is within them and as you said in some cases instead of immediately cashing out they instead continue the session with a larger amount because the belief and hope are higher which is basically clear in the end when it turns out that the results at the end of the session are not as desired then the amount of loss will definitely be much greater and regret will clearly dominate.
full member
Activity: 661
Merit: 112
Most gamblers only think about the profits they will make and ignore the money they can lose if they do not go according to their plans. That is greed, and the mentality of not accepting the profits they make even though they have achieved their previous expectations. But when they win, they feel regretful for not betting a larger amount. However, there is one important thing that they always ignore: what if they lose? At that time the loss will be much greater.

That's the difference between players with a clear plan and players without any plans or strategies. These are the players at the lowest tier and the ones who always lose money. We can see this mentality and thinking everywhere from casinos to investment fields such as stocks, crypto... If they cannot give up this mindset, they will always be people who lose money wherever field they are
Many gamblers think like that when they are going to or are playing gambling because they want to make money from gambling. But it doesn't go according to plan because gambling is not a place to make money. They should not think like that and just have fun from playing gambling so that they don't lose a lot of money from gambling. If they win a certain amount of money from a small bet, they may regret it but they should not feel that way because they were lucky to win.

If gamblers understood that gambling was a place to have fun in their spare time, they would not gamble a lot of money. They will only risk losing a little money in their free time. They know that gambling will not give them a win but is just fun.
full member
Activity: 420
Merit: 140
Most gamblers only think about the profits they will make and ignore the money they can lose if they do not go according to their plans. That is greed, and the mentality of not accepting the profits they make even though they have achieved their previous expectations. But when they win, they feel regretful for not betting a larger amount. However, there is one important thing that they always ignore: what if they lose? At that time the loss will be much greater.

That's the difference between players with a clear plan and players without any plans or strategies. These are the players at the lowest tier and the ones who always lose money. We can see this mentality and thinking everywhere from casinos to investment fields such as stocks, crypto... If they cannot give up this mindset, they will always be people who lose money wherever field they are
hero member
Activity: 1554
Merit: 654
I think focusing more on the possibility of losing can only be done and will only exist in the mindset of someone who really comes and is involved in gambling based on correct understanding, because of course when you understand what gambling actually is then I am sure you will focus more on risk management rather than pursuing victory where they know that victory is nothing more than an opportunity and not a certainty.

On the other hand, I understand that gambling has a chance of winning, but what we have to remember is that it is nothing more than just an "opportunity" which means "possibility" without being based on any certainty or guarantee, so it is normal for example if you often feel disappointed due to the results at the end of the session. not according to what you expected but that is normal because after all gambling is always about risk-taking activities. This means that losing is natural and winning is luck, while luck will not always come according to what you want, but yes, as I said above, the point is that focusing on the possibility of losing can only be done by gamblers who come with proper understanding because of course they already understand how the bad effects of gambling can destroy their lives.
hero member
Activity: 1064
Merit: 509
Leading Crypto Sports Betting & Casino Platform
Greediness is nearly every human's behavior, if not, a jackpot winner, wouldn't gamble again. Players wager back their jackpot earnings, despite having enough. We all seek for more money once what we once wished for is gotten. The casino uses this human reaction towards money to milk back all their money including the player's savings. While gambling, it's important to have in mind the game is connected to our emotions. Humans emotionally crave money or fantasies, a place where money is flashed to people will make them involuntarily want to go there.

Out of greed, most players will choose to frequent such places where gambling is practiced. Till they're not able to stop visiting the place or online platform. Also, those reactions happen unknowingly to the player, at a level he would control his choices of whether to visit there or not. I don't think addiction allows its victim the luxury of calculating their expenses. Win or lose doesn't mean a thing to them, the player may need extra bodies to help him detect his troubles. That's the advantage of opening up to people about our gambling habit. People can easily watch over our behaviors.

There are tons of situations or happenings that those jackpot winners did really lose all of their money back into the casino or gambling itself. When it comes to greed then this is something that always been part of human nature or behavior on which on the time that we are speaking or talking about money then this is something that makes us interested and would really be keeping on dealing with it until the very end.
Its true that people should focus up that much into the possible loses that they would get or would be able to make instead on thinking about being a winner because once you do have this kind of awareness in mind
then you could really just that completely stop yourself if you wanted to or on the time that you've seen that you are already making profits but since you could be able to stop but doesnt mean that you wont really be coming back to gambling again on another day. This has been always the scenario that you would really be tending to deal up with. Make use of the amount that you can afford to lose as always so that you wont really be that making yourself that get stressed too much.


The challenges shouldn't be the reason why gamblers will quit the game. Its captivating nature drags more players to try again next time, despite losing out big previously in the game. What is most important is not allowing those challenges to destroy our lifestyle. Gamblers are facing difficulties in unique gambling sessions. Issues hard enough to sidetrack a player's prior ideas to a wrong and abstract plan. The player on his end would accept he's utilizing a smart strategy, but from other people's observation of his behavior, he'll be hurting himself financially. However, not all gamblers get scared of the challenges, due to the money that gambling offers. Even newbies tend to play more after experiencing few wins.

The money comes sooner that players can't get over playing again. Making fast profits is another gambling setting or strategy that has led multiple players to compulsive gambling. How they subside the energy meant for their daily business, and focus on gambling, shocked me in the past, but don't recently. When I found out they're made to see gambling as a business. Because it can yield wealth. This thought is viral and widely accepted by lots of gamblers, showing how gamblers don't care much about responsible gambling. If they were, players would have been craving for the truth they once sought in gambling. Most players depend on what other gamblers do and tell them. Their knowledge of responsible gaming is limited.
hero member
Activity: 588
Merit: 500
★Bitvest.io★ Play Plinko or Invest
I agree, it's important to have clear plans and set limits. This way you are prepared of what you can afford to lose from your potential losses. Losses can lead to reckless gambling behavior and financial harm, so always practice responsible gambling to maintain control and prevent excessive losses.
Control the activities we're seeing right infront of us. We'll be observing the system, know when it's time to triggered good entries and the significant odds to utilized for our own good. The system is risky, know the risks involved and be capable of doing risk management. We lose everyday, that's same ratio we're winning back to back. Let's understand the system, and know what we need to accomplish. We should our best to comprehend matters at hand and also be on the winning side.
Pages:
Jump to: