Gambling: process vs outcome - page 8.

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Quote from: TitanGEL on February 03, 2020, 06:27:29 PM

Quote from: finaleshot2016 on February 03, 2020, 06:09:50 PM

I go for the outcome.

You should think about the outcome because it will automatically require to make a good process. Having good and better progress each day will inspire and motivates you to go farther to have a good outcome, one of the basics in life.

In the lottery, there's no real process there since you'll just gonna bet and done unlike in the other gambling game that requires strategy and better gameplay to have a good outcome.

Mistakes are usually happened because they are focusing in outcome than in process. I'm a type of gambler that giving more focus in process than in outcome. I love the process because it makes me a skillful and knowledgeable gambler. I also learned to have proper risk management by focusing in process thab in results. If we will focus on process than in results then we can have better mentality and mindset.

The two are both important in a way that it will become the basis of your state in gambling. Process is important, yes, but what if you do you 100% effort but still you fail? Because gambling is also about luck. You can't force luck to let you win, it is very rare. The outcome is still important in some way, it will let you become inspired. If you lose , then try harder, if you win, then try to improve more. Focus on the mindset that they are both essential, it is not that the only important is the process or outcome but both. You can't prevent losses, no matter how good you are in gambling but if you're unlucky, you have nothing to do to prevent that. Try to practice risk management to reduce bad outcomes.

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Quote from: TitanGEL on February 03, 2020, 06:27:29 PM

Quote from: finaleshot2016 on February 03, 2020, 06:09:50 PM

I go for the outcome.

You should think about the outcome because it will automatically require to make a good process. Having good and better progress each day will inspire and motivates you to go farther to have a good outcome, one of the basics in life.

In the lottery, there's no real process there since you'll just gonna bet and done unlike in the other gambling game that requires strategy and better gameplay to have a good outcome.

Mistakes are usually happened because they are focusing in outcome than in process. I'm a type of gambler that giving more focus in process than in outcome. I love the process because it makes me a skillful and knowledgeable gambler. I also learned to have proper risk management by focusing in process thab in results. If we will focus on process than in results then we can have better mentality and mindset.

Sometimes we don't care about the outcome. As long as we can enjoy the process, and we have a good feeling with the process, the outcome will not bother us even if we lose the money. But yes, sometimes, we will feel curious about the outcome, and we still try to repeat the game to see how good our luck in that game in the next round. Maybe if we can focus on the process, we will have a better chance to win in the next round.

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I would prefer process because if we'll only focus on the outcome, we might feel disappointed if ever we'll not meet our target winnings. Enjoying what we're doing would make us grow as players and just take our winnings as a bonus. Focusing on how we'll reach our target goal and trusting the process will result in a positive outcome. Gambling might be needing lots of luck but being a positive person along the whole process would be a big advantage.

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Well, taking some of your time to learn and understand the game before "gambling" or taking risk is really important. That is part of the reasons some are successful risk takers while others are not.
The juicy reward and the amount you plan to risk is enough to get you to spend some time in learning and acquiring skills.

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thats it . the reason they like lottery the most is because its easy and they dont need to do anything aside from chosing a number and pay then wait for the results while other forms of gambling involves alot of process to be able to play and to earn from it . on a gamblng game like lottery , process is useless because the game is purely random and being raffle not unless if there was some kind of manipulation going but even if there are , i dont think learning the process will help us win .

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Quote from: inthelongrun on February 03, 2020, 10:58:21 AM

I am seldom into lotteries. There is no excitement there. It is mostly on the very slim chance of winning, but life changing prizes. Lotteries are also cheap, so it's like nothing. Real gamblers are into the process and the outcome. Both are important. But if I only need to pick one, i'll go with process in a slight edge. Entertainment it is but it feels better when you can also win.

that is why most of Lottery bettors are those oldies or those not really a total gambler so they choose to just buy tickets and wait for couple of days before finding what combinations won.
also there are some people that i knew who's also buying those scratching cards that available in lottery outlet also.
actually i am one of those in the past that trying my luck in instant scratching but lucky to win hundred bucks or more sometimes.

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Quote from: samcrypto on February 03, 2020, 09:09:19 PM

Gamblers wants a good outcome but before this thing to happen, you must assess first the process. So I'll go for the process, gambling requires a lot of self-control and patience most probably, on that process many gamblers failed and lose their money on the process. Gamblers should not only focus on the outcome, I mean it must be a goal oriented but also need to focus on the process and the discipline, in any form of gambling knowing the reason why you're doing it is the best process to put you in a good outcome.

I'll go with process, we should allocate more time in determining the process than the outcome. If we want better outcome then we should have good process where we have control in terms of managing our emotions and feelings. The outcome that will have will be depends on what kind of a process that we are doing. If we are a type of gambler eho are just playing without prior information then it is expected that the outcome will be bad.

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Gamblers wants a good outcome but before this thing to happen, you must assess first the process. So I'll go for the process, gambling requires a lot of self-control and patience most probably, on that process many gamblers failed and lose their money on the process. Gamblers should not only focus on the outcome, I mean it must be a goal oriented but also need to focus on the process and the discipline, in any form of gambling knowing the reason why you're doing it is the best process to put you in a good outcome.

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Quote from: finaleshot2016 on February 03, 2020, 06:09:50 PM

I go for the outcome.

You should think about the outcome because it will automatically require to make a good process. Having good and better progress each day will inspire and motivates you to go farther to have a good outcome, one of the basics in life.

In the lottery, there's no real process there since you'll just gonna bet and done unlike in the other gambling game that requires strategy and better gameplay to have a good outcome.

It’s more about lucky outcome if you bet on lottery and don’t care to think of many ways or strategy in order to make it successfully. The process will always be appreciated when the results is good, but when it’s not as we think everything will be disappointed in the end.

To avoid further frustrations, just play in moderation and enjoy what you’ve been through. For sure you’ll able to get what you desire, because for me having fun is more rewarding than lucky winnings.

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Quote from: finaleshot2016 on February 03, 2020, 06:09:50 PM

I go for the outcome.

You should think about the outcome because it will automatically require to make a good process. Having good and better progress each day will inspire and motivates you to go farther to have a good outcome, one of the basics in life.

In the lottery, there's no real process there since you'll just gonna bet and done unlike in the other gambling game that requires strategy and better gameplay to have a good outcome.

Mistakes are usually happened because they are focusing in outcome than in process. I'm a type of gambler that giving more focus in process than in outcome. I love the process because it makes me a skillful and knowledgeable gambler. I also learned to have proper risk management by focusing in process thab in results. If we will focus on process than in results then we can have better mentality and mindset.

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Quote from: finaleshot2016 on February 03, 2020, 06:09:50 PM

I go for the outcome.

You should think about the outcome because it will automatically require to make a good process. Having good and better progress each day will inspire and motivates you to go farther to have a good outcome, one of the basics in life.

Speaking of a lottery which we are discussing here, I don't think we will improve even if we motivate ourselves since this game is solely based on luck where our chance of winning is close to none.

Quote from: finaleshot2016 on February 03, 2020, 06:09:50 PM

In the lottery, there's no real process there since you'll just gonna bet and done unlike in the other gambling game that requires strategy and better gameplay to have a good outcome.

That's what lottery are for, you buy a ticket, hope you'll be the lucky one from millions of bettors and wait for the outcome, if you lose, you accept it easy and then start the same routine again by the next day.

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I go for the outcome.

You should think about the outcome because it will automatically require to make a good process. Having good and better progress each day will inspire and motivates you to go farther to have a good outcome, one of the basics in life.

In the lottery, there's no real process there since you'll just gonna bet and done unlike in the other gambling game that requires strategy and better gameplay to have a good outcome.

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Quote from: nelson4lov on February 03, 2020, 04:36:20 PM

I don't know about everyone but I do care for each and every penny that I gamble with. That said, I feel that both the process and outcomes are very important. I always take out time to analyze matches before moving forward with my bets. If it doesn't turns out as planned, I simply go back to the drawing board and try to figure out where everything went wrong. Reviewing my outcomes have always helped me to improve on my bets.

So both the process and outcomes are very much important.

When you see those outcomes aren't good enough, then we're going to correct that for another future bets. But on my generic mindset between process and outcome, it doesn't matter what process that we're using now because gambling was only a form of entertainment. You may win or rather loss, so even how expert are you with a certain process it's not worth after failing so many times on gambling.

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Quote from: kryptqnick on February 02, 2020, 11:31:14 AM

I've seen a guy asking for advice about lotteries and it got me thinking. I don't understand why people even like lotteries. You don't do much, most likely lose and have to wait for the outcome for a long time. Perhaps, people are interested in the possibility of winning, but that would mean they are not really into gambling as the process. So what is it for you, do you play only for the sake of winning or do you care about the process of playing/researching/anticipating the outcome? I think that the process is that is attractive in gambling, and while the outcome surely matters, I would not like to wait for a long while to learn it.

People like lotteries only because of one thing, big and decent jackpot that is no doubt can be a turning point into becoming rich. A jackpot that other gambling can't generate.

Even people are aware that winning chances of hitting a lottery jackpot is so narrow and slim, their desire for winning that big amount will not be changed. I also agree that most lotto bettors are not into gambling and if you will ask some of them, their gambling habit is only limited in playing lotto. No such thing as people needed to be professional gamblers as playing lotto can be done as easy as 1,2,3.

Here in our country, playing a lottery is big gambling. Even a family that earning below minimum wage does play lotto regularly. Aside from the jackpot, the ticket cost is so cheap and really affordable plus you can see lottery stations here everywhere especially in urban areas making it easy to find.

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I don't know about everyone but I do care for each and every penny that I gamble with. That said, I feel that both the process and outcomes are very important. I always take out time to analyze matches before moving forward with my bets. If it doesn't turns out as planned, I simply go back to the drawing board and try to figure out where everything went wrong. Reviewing my outcomes have always helped me to improve on my bets.

So both the process and outcomes are very much important.

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Quote from: kryptqnick on February 02, 2020, 11:31:14 AM

Perhaps, people are interested in the possibility of winning, but that would mean they are not really into gambling as the process.

I do believe the same. In a lottery, I think most people don't really into gambling but just want to expect that they will nail the jackpot. No need to become a pure gambler when playing a lottery since, in whatever lottery form, it's easy to play. That kind of convenience of placing bets also droves others into this type of gambling.

For me just let them gamble their money. Sometimes, even at decades, people don't win even once. If you will read some of lottery experience, there are even 20 years of placing bets but still no luck. The continuous losing will make them feel tired of playing so soon, they will stop.

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Quote from: kryptqnick on February 02, 2020, 11:31:14 AM

I've seen a guy asking for advice about lotteries and it got me thinking. I don't understand why people even like lotteries. You don't do much, most likely lose and have to wait for the outcome for a long time. Perhaps, people are interested in the possibility of winning, but that would mean they are not really into gambling as the process. So what is it for you, do you play only for the sake of winning or do you care about the process of playing/researching/anticipating the outcome? I think that the process is that is attractive in gambling, and while the outcome surely matters, I would not like to wait for a long while to learn it.

The lottery has the biggest winnings in any type of gambling. That is the reason why people even not gamblers are interested in placing bets here. The jackpot can change anyone's life.

As for anyone, only the outcome is the most important at any gambler. Since the process of playing the lottery is so simple, just as easy as putting the money and wait for the outcome, there is no hassle at all compared to other gambling types that they need to work on strategy in order to win.

Everyone already knows that winning the jackpot is so slim. But that will not change anyone's mindset not to place a bet at the lottery.

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Quote from: kryptqnick on February 02, 2020, 11:31:14 AM

Perhaps, people are interested in the possibility of winning, but that would mean they are not really into gambling as the process. So what is it for you, do you play only for the sake of winning or do you care about the process of playing/researching/anticipating the outcome?

Nothing new to me because if there is no possibility of winning money in gambling, people will never think about it to get into. So as far as I have seen and experienced, the outcome of gambling is more important than how we are gambling it means why we're gambling for making money or not.

Quote from: kryptqnick on February 02, 2020, 11:31:14 AM

I think that the process is that is attractive in gambling, and while the outcome surely matters, I would not like to wait for a long while to learn it.

I agree the process of gambling must be more attractive and also addictive which is the core reason why people are re-joining into it even after having many frustrating moments. But, you will slowly understand these attractions are only for getting into but what keeps them playing regardless of all the frustration must be due to the final outcome which is nothing but making easy money.

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I agree with what's been said in that outcome if more important for most people an the reason for this I think is that most of the gamblers want results rather than a care much about the process right? Yh, it would be nice to have fun but isn't wining the equivalent of having fun? In fact I know from personal experience that even f it was a pain to register or use the games on a site as long as I won big time is what it mattered. Also our brains are wired to remember outcome over the process of how you got there. I hope this helps putting it in perspective

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Quote from: kryptqnick on February 02, 2020, 11:31:14 AM

I've seen a guy asking for advice about lotteries and it got me thinking. I don't understand why people even like lotteries. You don't do much, most likely lose and have to wait for the outcome for a long time. Perhaps, people are interested in the possibility of winning, but that would mean they are not really into gambling as the process. So what is it for you, do you play only for the sake of winning or do you care about the process of playing/researching/anticipating the outcome? I think that the process is that is attractive in gambling, and while the outcome surely matters, I would not like to wait for a long while to learn it.

I would say that most people may on the surface look like they care about the outcome more an anything, but deep at heart they want to experience the thrill of gambling - the process.

If they did actually care about winning then they wouldn't be doing lottery or other games that have high house edges - it makes no rational sense.

At the end of the day it's the shot of dopamine that counts and is what most people gamble for. That's why gambling should be treated as entertainment and not anything else.

Topic: Gambling: process vs outcome - page 8. (Read 2369 times)