Topic: Focus on how much you may lose and not only the potential win. - page 3. (Read 1983 times)

This is common thoughts that comes in gambler mind, after winning a decent amount from gambling. Not only gamblers, but most of people have such nature to want more and more even after having a lot. But greediness is a curse for gambling cause thus a gambler do inject limitless money so that they could have maximum possible return but if they lost the match then they also lost all the money together. So they should focus to calculate risk before staking on gambling and need to be cautious of how much they are afford to lose. Thus is how it would be possible to avoid big losses. Otherwise a only thing that a Gambler will have to do is "regret for his decision"  

Monitoring our own activities is a peak of awareness. Keeping track of gambling outcomes allows you to identify patterns and trends in your behavior. If you have a clear record of your wins and losses, it enables you to recognize any emerging patterns of excessive gambling or risky behavior. This awareness empowers you to intervene early and make informed decisions to mitigate potential harm.

Effective expense monitoring is fundamental to managing your gambling budget responsibly. Maintaining a list of gambling expenditures gains insight into the financial commitments and can allocate funds accordingly. This helps to prevent overspending and ensure that you maintain control over your gambling expenses. Reviewing winnings and losses provides valuable feedback on overall risk exposure. This introspective process facilitates personal growth and empowers you to make more mindful choices in managing your gambling behavior. Gamblers need to minimize the likelihood of experiencing adverse consequences associated with problematic gambling behavior.

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.

I think that the most important thing for a player, rather than a cat control, is that he always allocates the money to play in a casino that amount that does not affect his life, I insist a lot on that because basically the problems originate in the casinoif it is because we run out of money, and some players get desperate, they start looking for money like crazy to continue playing because they believe that they are going to win in vain and that they are going to come out almost illusory, and that is not the case, the problem of every player will always be that of money, that's why we have to change our mentality, do we have money? We have to take care of it inside the casino, because sometimes we make bets of 1 or 2 dollars and it doesn't matter to us if we lose, but come on, if we want to play in the casino the casino is not going to give us 2 or 3 dollars if we need it in a game.

For me, this is always the basic mistake of the majority of players, because some enter with large amounts of money, I don't know 100usd in advance, and they don't take care of them, because they believe that they will never run out and that is sometimes the case. can laugh very fast, so this is the time of thing that we as players should avoid happening.

The control of the list of expenses, inputs and outputs, well, it is good, but the control of what we are willing to lose is superior, from then on I believe that things will begin to be seen in a different way, the way and style come into play. of the player, and a series of things that are relevant.

You can only make a good decision when it comes to your gambling habit if you have a breakdown list of amounts of your winnings and losses, so sometimes it's okay to check it or make it a habit to do it especially if you know on your own that you are consistent with gambling, like you gamble everyday, you need expenses monitoring but if you only gamble rarely, you don't need to do this.

that's very true. You know, as someone that's used to gambling with something very small, I understand how it could get unnoticed to always ignore our little and regular losses as long as we occasionally win. I know it's not best to always make comparison on how much we've won or lost as it could affect our gambling mindset and put us In position and situation where we might be tempted to trying regaining our lost money by all means but if you take into account how much you've lost maybe on a monthly bases it will guide you to make the right decision if you should continue gambling or give it a break.

There are two types of gamblers I know the most. One of them is a gambler who gambles with a low amount of money whose aim is no more than having fun. In this type it isn't much important for that gambler how much they lose. Because they just want to boost the fun more while watching that event. There are many people who think it is more exciting to follow an event in this way.

The other type is one who likes to take bigger risks by betting larger amounts of money. This type of people should be much more aware of what they are doing. Maybe they can be rich such as Drake example.    In this case it wouldn't matter to them too much. But if it is rather an addiction then they can lose even their life savings. 

In short, it's everyone's greed. When we win, we often regret why we didn't bet more money, and when we lose, we blame ourselves, why did we bet so much money? It is a vicious circle that we tie ourselves in, unable to escape without giving up our greed. Before gambling, few people can think about the risks they face if they lose, usually they only think about how much money they will win.
The phrases "Risk and Reward" (R/R) always go together, and it's no coincidence that they put the word "Risk" before the word "Reward", right? The main meaning is want us to think about risk before thinking about reward, but most of us do the opposite

There is a proverb that applies here, ‘Do not count your chickens before they hatch.’ Hoping to get a favorable results is inherent to all human beings, but to actually consider a given that you will win is an entirely different matter.

As in that case once your results do not match your expected profits there are two possible outcomes, the first one is to recognize the error of your ways, which is what any rational person must do, but the second outcome is to chase your losses thinking that a win is inevitable, and it is this kind of thinking what gets people in trouble.

Well, the fact that a person allocates his money to a casino and says: "This is what I'm going to spend" seems fine to me, it's a great idea, he thinks things are under control and that's why the game is intelligent. Start from there, there is no other way, the person who applies that strategy can be sure that he will not suffer from depression or addiction, nothing of those things, therefore when we are thinking of having a better strategy until now that one is infallible. For me, there is no loss there, some of those who do this strategy just have to consider something and the most important thing is, never break the rule of continuing to deposit money, if they do it simply because they are not doing anything and it is possible that they From there it loses control.

Most inexperienced players when they Enter a casino, it is normal for them to think about how much money they want, how much money they are willing to risk, but above all they think about the money they will win, and that is a hard blow, especially when they generate The opposite result, the emotional blow is sometimes not very well received, there are some Players who don't even go back to the casino more, because they can't stand the disappointment and that's it they read it all, some don't, some keep trying to play more to see if they will recover. , and those who Spend much more do not have good results, and from that point of view, as some people learn , they learn that at the same time you have to play carefully and you have to control a lot, so these types of things are what we have to learn. to control , no matter how much the house Advantage will always be there and we Cannot go over that.

On the time that you would really be focusing on how much you could win or making already some calculations about on potential wins then you are really that making yourself that delusional
on which this is something a behavior that wont really be recommended because it would really be pushing you to play even further because of those false hopes. Gambling could really be just only
having that 2 possible outcomes which is losing and winning but we know that the odds of winning is less compared when we are losing and thats something we should really be telling into ourselves
that chasing up making money with gambling is dangerous and come to know that gambling is really just that for fun and not something on making it as your source of income.
Its a suicide thing to be done.

do they even care about how much they lose all they care about is their potential to win, and that is where their problem always comes from every time, and they don't care about the word responsible again they just want to always satisfy their hunger for a win, and gambling is not something you should handle that way, even if they want to win by force, you can not force a win in gambling and when you try to even force it then you will keep losing your money until your money finish.

Am sure some people will spend all their salary on gambling they don't have one single control over there self when it comes to gambling, there is no way every gambler can be reached and that is what they have failed to understand, and they do not want to cut their greed, they are not with a win and all they have is lose always.

Exactly. While some people believe that focus on the wins on makes them make wrong decisions during their gambling activities, some other persons believe that it help them strategize properly. And actually proper strategy is a very nice way to carry out a gambling activity as it greatly improves our winning chances and lowers our chances of losing.
Like I always say the drive every gambler has is different for each individual but the catch is to make sure you don't  have the wrong choice of drive which can lead you into making wrong decisions or bad habits which can lead you into addiction.

Often people do not think about the possible losses. Gambling is a dangerous thing, and often serious losses of money occur due to excessive gambling. However, you should try to be aware of each of your bets and do not act impulsively. And try to calculate the size of the winnings, otherwise a large number of small losses can easily overlap one large winnings

I agree, it turns out that the time, effort and money that such people spend on gambling could bring them some unexpected result.
I recently discovered that many things can produce very promising and unexpected results, and the idea that we can predict everything in our lives is absolutely wrong.

Therefore, it is better not to abuse gambling, but to look for or create other opportunities.

I would agree with that but I'd like to add that if these people know what to strive for or get on with their life then they're probably aren't gambling right now, they'd be in my opinion doing something more productive that's going to improve their individuality and their finances. If you really want to not lose anything in gambling, try not gambling at all and see how much money you can spend on other things that would benefit you in the long run but if you really can't stop your nature of gambling, then it's probably a really good idea if you try to make your gambling experience limited in as many aspects of it as you can do like limiting your bankroll, your gameplay time and your days of gambling per month or week, that way you're really losing less money but still like to gain some wins that would make you more happier.

A wise gambler will never use gambling too excessive, even if he win the money from gambling. They already have limits in gambling so they will not gamble excessively they want to avoid their losses that could increase at any time. A wise gambler will have a responsibility in gambling because they don't want gambling influenced them and make them gamble all the time, that can cause them experience losses that they cannot accept. He will focus on preventing big losses by always limiting the use of money for gambling so that he will not experience big losses.

That's why every gambler must allocating some funds for gambling and always stick to that because that's the only thing they can do to avoid loss after loss which can come at any time. He also will not chase his losses and immediately stop his gambling activities once he feels like he has gambled enough.

Well I think this is you looking at the whole mindset thing from a very different perspective and that's why your idea about it differs from that which some persons may try to put out as the mindset ideas, if you are of the opinion that your mindset has no role to play with how well you win a bet, it's not a very bad idea neither is it a perfect one too but then it should be known that in almost everything we do you need a certain idea and mindset to be able to get through such.

With betting it mustn't necessarily be that you thinking that you will win makes you a winner but your mindset have got other areas it can affect and not only your anticipatory aspect of your mind. Having a winning mindset could influence the kind of strategy you will employ in gambling which is beyond just anticipation. You just can't anticipate alone and think that's all that should be for you to win, a winning mindset will employ strategies to. Ring to reality the wins but then it isn't a guarantee but it has got a whole lot to do with you actually winning at the end of the day. Have a winning mindset and employ a winning strategy and you will see your wins surpass your losses.

Mostly we could easily lose a huge amount of money especially if we lose control of our emotions most of the time if we get greedy that is the time when we could lose a huge amount of money, we always get that feeling most of the time when we win a huge amount or sometimes its a multiplier then we regret doing low bet instead of putting a huge bet but at the same time it was an amount that we are not comfortable to bet because its a huge amount of money and losing that bet could be a huge lose as well, It is pretty normal for sure.

I mean it is just emotions that we are getting that is why we are losing focus, for sure we could get a huge profit if we are going to bet huge as well but can we handle the risk of that If you can't fight the emotion you could easily end up losing in the end because you're just betting out of your emotion not really on your strategy, We needed to be contented, on your winnings and not be greedy on our bets, because if we get greedy that is the time that we lose money.

It is important that gamblers apply those concepts not only when they are gambling but to all aspects of their lives as well, after all having a gambling budget is a good move, but if that is the only instance in which you use a budget then it is likely that you will go over it several times.

But if instead you use a budget for all your expenses, then it is more likely that you will respect the one you use to gamble and avoid a great deal of problems which could appear if you did not do so.