Yes the person needs to deposit amount which he can afford to lose or thinking that this is already lost money.
it is true that this thinking of winning big and betting more cause people to lose and sometimes lose everything they have.
here a conditions: if he played with 5k then his mind would not work like worked with 1k because of risk and probably the bet will be losing bet in the end.
so size of bet affect our mind to take wrong bets most of the times it happens with me all the times.
Topic: Focus on how much you may lose and not only the potential win. - page 16. (Read 1983 times)
January 03, 2024, 12:14:58 PM
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January 03, 2024, 12:09:43 PM
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".
Yeah, usually any time I win a bet, I do have those kinds of thoughts running through my head. There will come some inner voice saying, "Oh, if you had known, you would have staked a huge amount for that game.". Any time I play Crash, the moment I stake a little amount of money, the bird will keep running for up to 300x, but if I decide to take a risk and increase my stake, it will not even get to 50x before it crashes. It's something that happens more frequently to me.
Despite all those thoughts of not staking with a huge amount ringing in my head, I don't have the self-control of staking with a very huge amount that will make me regret my decision if, in the future, the game gets burned. Gambling is a game of fun, gains, and losses, and if a gambler is not ready to lose, then they must not gamble. If a gambler is not also financially sound enough to stake a huge amount, it's better to stake with the little they have, and if they are able to win, let them be content with what they have won.
Personally, I can't deny the fact that I still have these kinds of thoughts, but I don't allow them to influence my decision on the amount I wish to stake.
January 03, 2024, 12:05:07 PM
Many of us are guilty of this, we focus more on how much or our potential to win than what we may lose, that's because we want to be positive and this positivity backfires most of the time, we pressure ourselves to win to the point that we keep adding our bankroll until we lose everything.
I notice in my gambling activity, winnings come when you least expect them and when you are relaxed because when we are too pressured we tend to make bad decisions, I tell myself to focus on enjoyment and if the opportunity opens up I grab it.
I still focus on winning but I take enjoyment my priority, we should gamble to have fun, and positive results happen when we enjoy the game.
I notice in my gambling activity, winnings come when you least expect them and when you are relaxed because when we are too pressured we tend to make bad decisions, I tell myself to focus on enjoyment and if the opportunity opens up I grab it.
I still focus on winning but I take enjoyment my priority, we should gamble to have fun, and positive results happen when we enjoy the game.
The gamblers that make the most wins somehow had a free or happy mindset at the time and that's why they won seamlessly without thinking too much about the outcome, and that's how it should be always.
When I do gamble on the times that I do, I try to be happy at least. That's why I see many gamblers getting tipsy before or during gambling so as to be in a merry frequency where they don't think about how much spent but how much that's the target winnings for the day.
I think pessimistic gamblers make more luck during gambling than the optimistic counterparts focused solely on how much is going to be spent on gambling alway.
January 03, 2024, 11:57:28 AM
Many of us are guilty of this, we focus more on how much or our potential to win than what we may lose, that's because we want to be positive and this positivity backfires most of the time, we pressure ourselves to win to the point that we keep adding our bankroll until we lose everything.
I notice in my gambling activity, winnings come when you least expect them and when you are relaxed because when we are too pressured we tend to make bad decisions, I tell myself to focus on enjoyment and if the opportunity opens up I grab it.
I still focus on winning but I take enjoyment my priority, we should gamble to have fun, and positive results happen when we enjoy the game.
I notice in my gambling activity, winnings come when you least expect them and when you are relaxed because when we are too pressured we tend to make bad decisions, I tell myself to focus on enjoyment and if the opportunity opens up I grab it.
I still focus on winning but I take enjoyment my priority, we should gamble to have fun, and positive results happen when we enjoy the game.
January 03, 2024, 11:57:00 AM
A situation where the stake for the bet he won was $1k, the next statement you hear is how wish I knew I would have staked with $5k. The question is, the $5k is it an amount of money that you can be comfortable losing or it's just out of greed that you are not contented with the win amount the $1k gave you.
I have not thought like this before, that had it been I have used higher amount of money to gamble on certain matches or game that I would have won more. But I noticed that I did increased the amount I used to gamble. That was because the more the money that you staked, the more you can win. Although not because of past games won. I do not think more about the lose but just the profit. And the more that I lost at the time.Everyone should have their special way of gambling not considering what the other man is doing. What works for you might not necessarily work for another person.
Also budgeting and sticking to it is a way to avoid what OP have said. If you have mapped out $5k for monthly gambling and on your own, you exhausted the 5k in one gambling, this means you will be without gambling for the rest of the month only if you are disciplined enough to obey your gambling budget.
January 03, 2024, 11:45:41 AM
The fact that you won using $1k today doesn't give assurance that if you had used higher amount or that your next bet that you probably increased the wager in order to win a bigger amount will play. As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.
Stay in check!
I have also had such though because you will always wish you win more from betting higher. But like you rightly included in your post let our focus be on how much we might lose and not how much we will win. Having this mindset is important because it will help us to reduce over-gambling. But a perfect means of overcoming the temptation or urge to bet above what we cannot afford to lose is our ability to have and judiciously follow a gambling budget. Having a budget will save you from the pressure to gamble more than you can be able to lose. Stay in check!
It can be said that it is greed because you are not satisfied with the amount won only $1,000 of the amount of capital you spend, honestly I never bet a larger amount it is too risky and I can't afford to lose a lot of money in the game.
Greed caused by a lack of contentment could contribute to the motivation to increase the bet because you assume you could win more. I think it is always important to be content with wins because gambling is unpredictable. Nobody knows the outcome of any bet, which is why gamblers should be careful. 
January 03, 2024, 11:41:38 AM
It's better to focus on how to win and be positive for it helps to see better choices while you are already in a situation.
I do not agree with this. I am gambling and I have friends that are gambling. We focus on winning and we gamble often but we lose more. The more most gamblers focus on winning, the more the house will earn money from them. We have advised ourselves not to use money that can affect our feelings to gamble which is the right advise. That advice alone is because we also focus on the fact that we are losing. 
January 03, 2024, 11:31:05 AM
Gambling should have a budget limit so that we don't really regret the money we have lost because of course we have to play with money that we are ready to lose, so a budget limit can also help us not to gamble beyond our limits, let alone trying to think about regretting a bet that should have given us a win but we didn't bet. Even bigger, always remember that human behavior is sometimes never satisfied so when you win $1k don't expect more.
Every gambler must have a limit point to stop gambling when they win in order to remain consistent to avoid gambling addiction and losing a lot of money. On average, gamblers who take action when they win are often greedy which makes them really lose control and gamble irresponsibly. , it is important to be a responsible gambler in order to stay in control of safe gambling.
Every gambler must have a limit point to stop gambling when they win in order to remain consistent to avoid gambling addiction and losing a lot of money. On average, gamblers who take action when they win are often greedy which makes them really lose control and gamble irresponsibly. , it is important to be a responsible gambler in order to stay in control of safe gambling.
January 03, 2024, 11:29:31 AM
I have different point of view tbh, I will not focus on how much I may lose as well as the potential win but I'll focus more on how to manage my money.
Too much focus on how much you may lose will not good as it will bring negative mindset mindset and can be something stressful for some people.
If you focus on how much you will lose, that means you will focus on how to manage your money that you are using to gamble, having gambling budget and not using more than what you can afford to lose. So this makes me not to completely agrees with you. It is good to focus on how you can lose for you not to fall victim of gambling loss.Too much focus on how much you may lose will not good as it will bring negative mindset mindset and can be something stressful for some people.
It's better to focus on how to win and be positive for it helps to see better choices while you are already in a situation.
But if you have not started gambling yet, it's best to just not gamble and just wait til you have some extra to wager. I know it's very tempting to just wage a big amount to win a big amount but when you know you have no such amount. Just be with the small amount and maybe try the parlay to win big.
January 03, 2024, 11:12:03 AM
I have different point of view tbh, I will not focus on how much I may lose as well as the potential win but I'll focus more on how to manage my money.
Too much focus on how much you may lose will not good as it will bring negative mindset mindset and can be something stressful for some people.
If you focus on how much you will lose, that means you will focus on how to manage your money that you are using to gamble, having gambling budget and not using more than what you can afford to lose. So this makes me not to completely agrees with you. It is good to focus on how you can lose for you not to fall victim of gambling loss. Too much focus on how much you may lose will not good as it will bring negative mindset mindset and can be something stressful for some people.
January 03, 2024, 11:08:17 AM
I have different point of view tbh, I will not focus on how much I may lose as well as the potential win but I'll focus more on how to manage my money.
Too much focus on how much you may lose will not good as it will bring negative mindset mindset and can be something stressful for some people.
IMO I do not need to focus on how much I may lose, as long as I always stay on my gambling limit, I dont have anything to worry.
Gambling is about taking the risk for something bigger, if we are not ready to take the risk, we should not even gamble at all than focusing too much on losing probability.
Too much focus on how much you may lose will not good as it will bring negative mindset mindset and can be something stressful for some people.
IMO I do not need to focus on how much I may lose, as long as I always stay on my gambling limit, I dont have anything to worry.
Gambling is about taking the risk for something bigger, if we are not ready to take the risk, we should not even gamble at all than focusing too much on losing probability.
January 03, 2024, 11:00:24 AM
As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.
Stay in check!
Stay in check!
So many newbies are doing this, they think or plan the amount that they are going to win regardless of the money they are going to spend, they always think that the next rolls are their lucky rolls, so many newbies are doing this on martingale method, I'm guilty of this when I was just starting you cannot blame newbies the doubling method sounds logical, you just need to increase your bet to recover your all your losses.
It is okay to set up a goal on what we want to win, but we must consider that there's no guarantee of winning and the house edge will play out anytime and will take over your game, so be realistic you can hope to win but play only with money that you can only lose, do not put pressure on winning.
January 03, 2024, 10:59:58 AM
Many gambler can't controlling well their emotion and greedy, exactly true what said by OP when gambler won high amount with capital $1000 and upcoming day they will use bigger capital to earn more winning amount.
In gambling we must controlling emotion and greedy because both side most important with our bet losses or win, some one have win big amount but greedy and keep continue to win more higher amount make them blame and losses all winning before.
I don't so serious have to bet with bigger amount until $1000 because get fun only with gambling and make small fund for betting just in sport betting, not brave bring bigger amount in gambling with potential could loss more than winning expected.
In gambling we must controlling emotion and greedy because both side most important with our bet losses or win, some one have win big amount but greedy and keep continue to win more higher amount make them blame and losses all winning before.
I don't so serious have to bet with bigger amount until $1000 because get fun only with gambling and make small fund for betting just in sport betting, not brave bring bigger amount in gambling with potential could loss more than winning expected.
January 03, 2024, 10:58:40 AM
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".
A situation where the stake for the bet he won was $1k, the next statement you hear is how wish I knew I would have staked with $5k. The question is, the $5k is it an amount of money that you can be comfortable losing or it's just out of greed that you are not contented with the win amount the $1k gave you.
The fact that you won using $1k today doesn't give assurance that if you had used higher amount or that your next bet that you probably increased the wager in order to win a bigger amount will play. As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.
Stay in check!
A situation where the stake for the bet he won was $1k, the next statement you hear is how wish I knew I would have staked with $5k. The question is, the $5k is it an amount of money that you can be comfortable losing or it's just out of greed that you are not contented with the win amount the $1k gave you.
The fact that you won using $1k today doesn't give assurance that if you had used higher amount or that your next bet that you probably increased the wager in order to win a bigger amount will play. As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.
Stay in check!
- Greed doesn't really do our gamblers any good, to be honest. It is better for the gambler to just focus on the amount he will lose from gambling. Because if that's the only way his mindset will be, that's better, and it's better that you win gambling when you don't expect it.
Because the more you hope that you will win because of luck, the more you will experience losses every time you bet on the casino gambling platform. When you think about winning, it shouldn't be like that. Just in my opinion,.
It can be said that it is greed because you are not satisfied with the amount won only $1,000 of the amount of capital you spend, honestly I never bet a larger amount it is too risky and I can't afford to lose a lot of money in the game.
Yes if you feel comfortable losing $5000 why not? But who is willing to lose that money because it's a big amount for us, I would still consider this greedy because there is no satisfaction of small wins, it's already addicted and wants to catch up with previous losses.
Yes if you feel comfortable losing $5000 why not? But who is willing to lose that money because it's a big amount for us, I would still consider this greedy because there is no satisfaction of small wins, it's already addicted and wants to catch up with previous losses.
A situation where the stake for the bet he won was $1k, the next statement you hear is how wish I knew I would have staked with $5k. The question is, the $5k is it an amount of money that you can be comfortable losing or it's just out of greed that you are not contented with the win amount the $1k gave you.
I have not thought like this before, that had it been I have used higher amount of money to gamble on certain matches or game that I would have won more. But I noticed that I did increased the amount I used to gamble. That was because the more the money that you staked, the more you can win. Although not because of past games won. I do not think more about the lose but just the profit. And the more that I lost at the time.
And let's also face the fact that whenever we increase our bets the results become more different on the next one.
This is something we must not do, increasing the bet amount not just because we can afford to lose it but because circumstances will change once we bet differently in terms of money.
I've seen it the hard way which is testing it with my own money. I won for like x1000 and so I tried doubling the amount of my bet. I found myself losing more and I cannot even feel the winning streak happening again. Worst, it even took the money that I kept in my vault because I wanted it all back in one sweep. I mean, revenge will always come after you lose what you won for a long time and then it's all taken from you in just a small amount of time.
Let's not be greedy. I know it will happen a lot of times because we want bigger returns but somehow there is something detecting what we are doing and it will cost us all our money and even our capital.
This is something we must not do, increasing the bet amount not just because we can afford to lose it but because circumstances will change once we bet differently in terms of money.
I've seen it the hard way which is testing it with my own money. I won for like x1000 and so I tried doubling the amount of my bet. I found myself losing more and I cannot even feel the winning streak happening again. Worst, it even took the money that I kept in my vault because I wanted it all back in one sweep. I mean, revenge will always come after you lose what you won for a long time and then it's all taken from you in just a small amount of time.
Let's not be greedy. I know it will happen a lot of times because we want bigger returns but somehow there is something detecting what we are doing and it will cost us all our money and even our capital.
Can't count how many times this crossed my mind that I did later on. But I do choose my game which there is a higher possibility that I would win but also consider that amount that is not too huge but not too little. Although there are really times that unexpected things will happen.
This is probably because we are just too optimistic that we will win and looking forward to the reward is always luring us to bet which is sometimes its worth it.
This is probably because we are just too optimistic that we will win and looking forward to the reward is always luring us to bet which is sometimes its worth it.
I agree with everything that you said OP, greed has made a lot of people to lose big in gambling because they feel that it is the amount of money that they use to gamble that will allow them to win big, and they fail to think that what if they lost the bet, which is more common than winning. Whatever amount that you use to win your bet, you should be contented with that win and don't become greedy that regretting that you didn't use a bigger amount to win big.
We all know that Greediness is a curse but in the gambling case, it is even more dangerous. Greediness can make your winnings in gambling to turn into losses. People after winning in gambling do not remain satisfied and want to get more profit. This state of mind, (which is greediness), will never make you rich in gambling. You will only lose in gambling if you do not have control over your emotions and greed.
If all gamblers consider losing in their mind, I believe that they will be cautious of how much they will be using to gamble, especially when it is an amount that they cannot afford to lose. In gambling it is either you win or you lose and most gambler lose more than they win, but most gamblers put winning in mind instead of losing which is not fair.
Ideally, a gambler should only put that money into gambling which he can afford to lose. In most cases, the gamblers will not have the extra money but that is not a problem even if they put their money with proper risk management. If they know that on a loss, they will only lose this much amount, they can manage their portfolio easily. The problem arises, if after losing and loses, the person keeps on putting more and more money into gambling to recover the losses, and keeps losing.
The fact that you won using $1k today doesn't give assurance that if you had used higher amount or that your next bet that you probably increased the wager in order to win a bigger amount will play. As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.
Stay in check!
I fully agree with you, it's so much more important to focus on the risk side of gambling than it is to focus on the potential profit we can make. It should be obvious that the more money we use the more profit we could make from gambling. The problem is that if we only focus on the winnings is that we face the risk to get large losses. At least for me the goal is more to avoid large losses than to get the maximum possible return. The worst thing in gambling that could happen would be to go broke. Once we lose all our money there is no coming back. As long as we still keep some of our bankroll, we always have the chance to recover at a later stage.
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