Topic: Focus on how much you may lose and not only the potential win. - page 7. (Read 2107 times)

In gambling can win a large amount of money that can change the life of any gambler, but the probability of this is negligible. Each of the gamblers hope that he will be lucky, that's why many gambling. No one knows who will be lucky next, but this lucky guy is sure to be found and this further fuels our interest in gambling. You can play gambling 10-20 years, but so to taste the taste of this sweet victory. The main thing that should understand every gambler - you can only play for money, losing which your financial situation will not change.

anyone who is into gambling no quite well that gambling is all about risk and it is obvious that in gambling there is every possibility for you to lose in gambling and you might lose today and also win tomorrow so therefore Gamble it is like price of Bitcoin it is unpredictable so therefore I believe that whatever that comes out of gambling it is based on luck and he is not good to for someone to depend in gambling and also believe that you will be making profit consistently in gambling so I don't believe in that theory and that belief that you can be making profit in gambling always when you have such belief you continue to spend your money and it will lead you to be gambling addicted

The gambler get into the gambling in the way of getting the winning dollars in the gambling site.The gambler should ready to face the gambling loss when they have the negative side of game.The gambling doesn’t have the constant win or loss in the game,the gambler should ready to face it.The gambler who use the strategy to win the game will able to win the good money in the gambling.The gambler who use to bet in the random way without any stable game will loss the funds at the end.Many gamblers will do this mistake in the betting,the expectation in the gambling should be accepted in both the positive and negative way.

know that any person who is into gambling always have a budget except that is someone that is not curious in gambling that will not be have a specific amount of money that it wants to spend in gambling, so it is good to map out money for gambling to know particular amount of money that you gamble with all you spend in any of your gambling so that whenever they lost come you will not regret it, today many people gambles without having a statistics or without having particular amount that they want to use is taking a gambling daily weekly and monthly, so if you don't know the particular amount that is supposed to use for her gambling daily and the weekly and monthly automatically you will be addicted in gambling very easy

If someone is always going to be more interested in the potential profit they would win without really worrying much on the likelihood that they would lose money then such a gambler is destined to be chasing losses for failing to apply a good risk management...and this could be an element of someone new to the world  of gambling! Of course not to say this is only done by newbies but veterans can fall in this if greed gets the better of them.

This whole thing of winning is based on luck, and I guess they try to stretch this luck by going all out without paying attention at how they are losing their money...but I guess at times this strategy can work for others

The worst is that they do really able to make themselves that assuming that they are blind as if they arent seeing those things in front of them specially on the time that they are
making some losses on which they arent really that making themselves being wary and the worst is that there would really be those kind of denial that they could really be still be able to cope
up on what they have lost via with their next bet on which there would really be those kind of mindset that they would really be needing up to at least having that kind of assumptions
that they could win up and able to break even their loses. Gamblers should really be thinking about on having that kind of probabilities that they could possibly lose that big and
ended up on a disaster.

As a gambler you should never allow your self to be blinded by the winnings if you are to start chasing big profit from gambling it will take you out of the line, that’s why as a responsible gambler one need to have limit to what they have to gambler at all time.

If you focus mainly on what you can win you will notice that you will start wagering with above your bankroll especially when you see a game which looks convincing in your eyes and you think you can be able to win the game which their is no 100% sure game in the gambling industry we always try our luck and most times it goes against our predictions.

No matter how much you have won from gambling never allow yourself to be carried away by that, always stay with your principles anytime that big win want to come it will definitely come even without chasing the profit it can just happen.

OP, I vividly understand you, but gamblers don't think this way, note the idea of a gambler is to win despite that most of them know that losing is inevitable in gambling, some gamblers see winning to be a constant thing in gambling but that's is high level of fallacy, gambling has principles and these principles must come to play, it is normal for a good gambler to have it in mind that gambling is not a certain event so that when you gamble, your expectation shouldn't be one sided, you should reason in different direction which is the aspect of failing to retain your stake or getting your stake back with profits attached.

That's one of the key things most gamblers fail to watch out for, how much you can afford to lose.
Most gamblers don't know how bad it is to gambles with what they can't afford to lose, when you gambles with money that puts you at the edge of your seat, you will always be in a mood of panicking.

I believe that gambles is a thing of fun, so putting yourself in a very tight corner by gambling what you can't afford to lose is very wrong, because at that point, it's no longer fun when the bet is going against you.
I have also had a terrible experience of such, by betting what I can't afford to lose, after that terrible experience, I feared anything gambling till today.

But if gamblers have the mindset to win, they have to be careful enough because it can lead to defeat and if they cannot control themselves, the loss will be bigger. That is why every gambler must be responsible for avoiding losses when gambling.

When they can get winnings from gambling, they can use them to buy the things they want. And they should be able to allocate the winnings to meet their daily needs. That is why if we get the winning money, we must be able to know the allocation of how the money will be used.

So we can be wise in using the winning money for our lives. And getting that winning money can indeed be a life changer for us. And that's what we've been chasing all this time.

A balanced approach is always necessary when thinking about all the possible outcomes that may come to happen due to our actions.

Since those that only think about the good things that could happen will take a bunch of unnecessary risks during their lives, while those that that only think about the negative things that could happen will miss a great deal of good opportunities as well due to being paralyzed by their fears, so we need to look at both sides of the coin and then take a decision based on what we think is best for us and the chances of each scenario happening.

It is not all gamblers that have that mindset of winning and use their win to gamble back. Some gamblers are lucky enough to have a big win at the right time that they needed money badly to invest into something. The topic that you have presented shows that the man is a responsible gambler and knows what he is doing and what he needs in life.

I have also seen a forum member that posted what he used the money that he won from gambling to buy which was a television. If we spend our win wisely, we wouldn't regret that we have spent so much on gambling without gaining profit.

Perhaps some people experience the same thing as we do and finally decide to stop gambling for a while. It really helps to be able to divert from gambling because stopping gambling and looking for other things that can keep us busy can provide pleasure as well as the pleasure we get from gambling. Some other people can choose to stop gambling for a while, but they still find it difficult to leave gambling, so they are not able to immediately leave gambling. But if they deposit more money into their gambling account, they may experience an even bigger loss than before. And it will be more painful than the previous experience.

Yes, it depends on the person because, in this case, their honesty will show whether gambling benefits them or they are just experiencing consecutive defeats, which means they have lost more money. Those who are still curious about gambling will not choose to stop gambling for a while because they still want to experience the challenge of recovering their losses or winning again. But it's still not easy, and it can even make them lose a lot of money because, at that time, they may not have good self-control anymore, so they are easily tempted by the promotions they see from gambling.

 

Yes… these are all just estimates because there is no single strategy that can provide a 100% guarantee of victory. So it's not a good thing if we have to bet everything on something we're not sure we'll get. “Bet correctly, so that it is easier for us to control it” and we must be well aware that there is only a slight difference between “brave” and “reckless”. someone who is brave enough in betting, he will always be able to pay off any amount he loses in gambling, but someone who is careless enough without having to think twice, he is very brave if he has to bet a large enough amount, but he is unable to accept a loss. someone who is careless, there is always regret behind the amount of his big bet.


And I agree about that. because when gambling or betting, we really have to have a cool head, good emotional control and good financial control too. So the decisions we take are really quite mature and have gone through various stages, such as gathering information, using strategies and good analysis.

I agree with what you said that a gambler should focus on how much he might lose not on his potential winnings. By considering how much he might lose, a gambler can avoid bad decisions that might interfere with his financial condition. And considering the risk of loss also includes a responsible attitude that can make gambling activities enjoyable and prevent gamblers from becoming addicted to it and maintain their mental health.

Yes maybe you are the same as me in terms of experience in the world of gambling, I don't know if there are enough people who have also managed to quit gambling activities because they are tired of losing or not, on the other hand I think not everyone can take this path when losing dominates them, Or I mean not everyone can choose to quit when they have lost enough because there are also those who are basically gamblers who are unable to accept the fact that they lost and what happens instead is an act of revenge, they come again with a large amount of budget as a dedication to chasing victory and returning something that has been lost and it's not once or twice they do but while they have money then there is a possibility to chase victory.

So I think it depends on the person too, but honestly I don't know what influences or causes why they choose something else, and yes maybe I will predict a little that they don't have the right understanding of gambling at all or it could be that they have a personality that is easily provoked by things that upset them even though it's trivial and that's why obviously when defeat dominates then yes usually they will chase victory. On the other hand, I hope there will be more people who have the same feelings as me or you, which I hope they feel bored when they always lose so that they can slightly reduce unwanted things such as the amount of defeat.

The measure to verify that a gambler is not getting addicted is by how he's very conscious of his bankroll not  gambling beyond what he can afford to lose and if he got to a stage he's no more concerned about how much money he's losing then that's a clear sign of addictive tendency. As a gambler Whether you gamble lesser or higher, let it be that your higher in amount is within the range of what you can afford to lose so it doesn't seem your gambling recklessly.

This is a wrong mindset for a gambler to dwell with, winning doesn't occur regularly for before a gambler could have a win he must have made series of losses that with a single win it is like recouping all the losses he has made previously so therefore having the mindset that it is money won and it is okay to dive all in with all of the money it is all a loss loss for you because the money want wasn't one from the pocket of the house but from your previous losses and that is why each win will make from gambling we shouldn't celebrate as if it was money one against the house that is why it is said we cannot beat the house for that's one of the hedge they have over we the gamblers.

Well, I think you are not alone in feeling boredom because I have also experienced it, and it made me try to reduce my gambling activities. I feel bored when playing gambling because the result is always losing and rarely winning, even small wins. But I am grateful that by reducing gambling activities, I can really divert my mind from gambling so that I don't think about gambling even when I'm relaxing. Experiencing losses more often makes me think about the benefits of gambling for me because as long as I gamble, I often lose more than I win. And if people realize that if they are on a losing streak, they may need to give up gambling for a while.

It's good if you can feel calm by reducing your gambling activities so that you don't think too much about gambling anymore. Overcoming boredom by taking a short break is worth doing because it can help to calm your thoughts about gambling. They can also distance themselves from the continuous losses they experience so that those who are bored of gambling can try to divert it to other things so that at least it can reduce their gambling activities. It also helps them to avoid problems from gambling.

However, some gamblers have experienced loss and will decide to continue gambling because they feel they still have a chance to win. They still feel confident to continue gambling, so they will try again another day and will even try gambling again with more money. If they can win, it doesn't satisfy them, but they will continue gambling to get even bigger wins. That is the greed within a gambler where they don't think about losing again. And if they lose again from continuing to gamble, they will probably be annoyed and say they will come back another day to avenge their loss. If his goal is like that, he will only try to recover from his loss first and then try to win. But instead of recovering from his losses, he will lose even more so that he won't be able to win.

Yes honestly I am very grateful when people face a lot of gambling problems whether it is addiction or impact or problems as a result of addiction but it turns out that I myself can do something like this where suddenly and without any intention a sense of boredom comes to my mind even though there is a chance of winning which is always a goal by most people but this is really boring for me, you are right friends overall what dominates in gambling is the bad impact whether it is losing a lot of money or even to stress, one of the reasons is because obviously the percentage of winning is much lower than losing and this is also what makes me even more demoralized to gamble again.

Of course, gambling is very mentally and psychologically involved and if you engage in it with seriousness especially if your main focus is on winning then obviously you will feel psychological disorders because the final result is more losing than winning and that makes us emotional.

As pointed out above, the winning percentage is much lower than the losing percentage and this is confirmed by the fact that you must also know that losing at the end of the session is more common than winning and obviously for people who overdo it in trying to win then usually the opposite happens, they suffer from the problems you mentioned which is one of them losing balance in terms of finances.

That's right, it's nothing more than a game of chance without any certainty as to the end result, so the best advice is to be a responsible gambler.

No, if you understand correctly then the chances of losing can be much greater and this is proven by how many more losses get than wins.
When all gamblers calculate the final results of all bets from the beginning until now, I am sure that 70% are defeats and 30% of them are wins, so it can be concluded that defeat is more certain guarantee.
Yes, all gamblers must take into account and consider every loss and risk of defeat that will occur, this aims to prevent defeat.

This is all because gamblers believe that victory is on their side, whereas there is no single aspect that can guarantee victory for the gamblers.
Moreover, when see that there are opportunities that are quite convincing and there are odds that are worthy enough to bet on, then all the risks can seem like they don't exist.
The average gambler, especially those who are addicted, have almost the same perspective and mindset, namely that they don't care about the risks and they forget what defeat is.
This is why an addict can experience bigger losses and even losing streaks occur more frequently.