For me, greed can cause a lost bet. It's because if you let your emotions take over you, it can affect the process of how you do things and later on impact the results as well. The moment you lose your discipline, it will all change. If you become ambitious to the point that it isn't making any sense and isn't really practical, you'll lose touch of the reality and soon lose your money to gambling.
Remember, everything that is too much is harmful. Everything should be done in moderation and responsibly. And if something is done with greediness, it will be excessive and irrational that could lead to spiraled results instead of a straightforward one. You can consecutively lose because of greediness and collectively lose a huge amount in the long run.
Topic: Greed can cause a lost bet, (true or false) - page 7. (Read 2126 times)
Many people engage in gambling, which involves playing games with the intention of winning or losing. Many engage in it for enjoyment, for winning or losing. But what exactly is winning and losing? You mention winning, losing, and your desire to win more. Its common to want to win more, but it may be risky as well. Dangerous because the need for more can result in failure. losing everything, losing more. After that, you discuss self-control. Controlling oneself is crucial. It functions something like a device that prevents you from taking undesirable actions. But is it sufficient? Is self-control alone sufficient? Perhaps, perhaps not. The issue with gambling is that it seems to continue on forever, in circles, and never ends. And therein lies the issue. a serious issue.
If the gambling addicts want to be honest with their families that they have become gambling addicts, their families can help them without waiting long. A gambling addict experiences gambling addiction because they play gambling too often without restrictions, so they have difficulty controlling it. And this desire to gamble grows and eventually becomes an addiction to continue gambling without stopping. If they have unlimited sources of income, there will be no financial difficulties. But the problem is, many people don't have a definite source of income but instead play gambling to win money. And when they win, they are overcome by the desire to get another win even though they have won before, which is greed that arises after winning. One must know when to stop so that it will not become an excessive gambling addiction that will be difficult to cure.But here's the thing: individuals must be aware of what they're doing. Similarly, if you gamble, you should be aware that you are wagering, correct? If you're gambling and you tell your family, "Hey, I'm gambling, and it's a problem," they can help, but not too much, just the appropriate amount
And, similarly, having money is not always a problem, but it can be. If you have limitless funds, it's fine to gamble to gain money, but if you don't, it's risky to do so. Knowing when to halt is difficult due to the desire to continue moving. Consequently, wagering is something that requires caution. There are no straightforward solutions to this extremely complex issue
Greed is really a trait that should not exist in life. I say this as someone who has lived it myself and even though it didn't really cost me much, it taught me a good lesson.
Everyone has their own life and a lesson learned here can actually help us not to get in the way of things that will cost us more in real life. We may not think that even a small rate that we add increases the risk, assuming that it increases a little bit when we make a high amount of aggregate odds. For example, we have created a 5-match coupon and the total odds of your coupon are 50. Finally, we added one more bet with a sudden decision and I must say that we trust this bet very much. Let the odds of this bet be 1.50. The total odds were 75 and the total number of bets was 6. We forget that the low odds increase the risk of the coupon not showing up. This reduces the probability of winning.
Everyone has their own life and a lesson learned here can actually help us not to get in the way of things that will cost us more in real life. We may not think that even a small rate that we add increases the risk, assuming that it increases a little bit when we make a high amount of aggregate odds. For example, we have created a 5-match coupon and the total odds of your coupon are 50. Finally, we added one more bet with a sudden decision and I must say that we trust this bet very much. Let the odds of this bet be 1.50. The total odds were 75 and the total number of bets was 6. We forget that the low odds increase the risk of the coupon not showing up. This reduces the probability of winning.
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Many people engage in gambling, which involves playing games with the intention of winning or losing. Many engage in it for enjoyment, for winning or losing. But what exactly is winning and losing? You mention winning, losing, and your desire to win more. Its common to want to win more, but it may be risky as well. Dangerous because the need for more can result in failure. losing everything, losing more. After that, you discuss self-control. Controlling oneself is crucial. It functions something like a device that prevents you from taking undesirable actions. But is it sufficient? Is self-control alone sufficient? Perhaps, perhaps not. The issue with gambling is that it seems to continue on forever, in circles, and never ends. And therein lies the issue. a serious issue.
If the gambling addicts want to be honest with their families that they have become gambling addicts, their families can help them without waiting long. A gambling addict experiences gambling addiction because they play gambling too often without restrictions, so they have difficulty controlling it. And this desire to gamble grows and eventually becomes an addiction to continue gambling without stopping. If they have unlimited sources of income, there will be no financial difficulties. But the problem is, many people don't have a definite source of income but instead play gambling to win money. And when they win, they are overcome by the desire to get another win even though they have won before, which is greed that arises after winning. One must know when to stop so that it will not become an excessive gambling addiction that will be difficult to cure. 
Well gambling is a risky way of making money and our skills and luck determine our fate in it. But mainly luck part. When I feel lucky I always get greedy because I think that's life's answer to my desires. But logic should always be involved and considered. Even if you are the luckiest person ever in existence some gambling options are very very low possibility and sometimes you should rather pick lower amount of money too.
Gambling is not a reliable source of income for anyone; it entails a lot of risk and can cost you a lot of money, even if you lose everything. Luck is a key component of gambling, or more accurately, the basis upon which it is built. When it becomes uncontrollable, greed becomes a major problem since it always has the purpose of winning, which is a trap, I found about gambling. If you can't control yourself, greed eventually creeps in. Today, it's even getting harder to truly win, so experts advise that we always take our betting budget into account, even though occasionally taking a risk is the best course of action. Gambling is fun when played responsibly.
stories like what OP just shared is not new in this business. i bet a lot of gamblers experienced similar ones over and over again. i don't think they will stop once they experienced it. for sure, they will try their hands again, maybe a different time or game, but once a gambler tasted such, they will try again their luck. greed is i believe, one of the most common emotions that we can experience when we are in front of gambling or any other money-making opportunities. so it is no doubt, at one point, we are guilty of this emotion.
Last 2 night I signed up to an online bet called betking (become a KING) and I bet a virtual stake with 1700 naira to win 1,438,540.92 naira, but the game was lost and the bet that made it to lost was the last one I added, before I added the last one that made the winning to be this amount, I was having double thoughts like should I make the winning a random figure 1.5 million or I should stake it at 1.3? But out of greed I refused to bet the game at 1.3 and I added the one that lost the bet, what a pity?
Greed is one thing that gets some game lost, the stake we are supposed to win out of greed we add another that get the game lost.
Out of my own experience I have learnt my lessons, but I don't believe that this opportunity might ever come again because I don't bet often, on a second thought this my story is what makes some people put more interest on gambling.
Greed is one thing that gets some game lost, the stake we are supposed to win out of greed we add another that get the game lost.
Out of my own experience I have learnt my lessons, but I don't believe that this opportunity might ever come again because I don't bet often, on a second thought this my story is what makes some people put more interest on gambling.
Despite the fact that gambling is extremely risky, unreliable, and difficult to profit from, it is true that greed has caused many people to lose their gambling earnings. Nevertheless, we assert that no game is certain. In some games, if we choose 1 or 2 games and bet to win a small amount of money, we will occasionally win. However, because we are greedy and want to win a large sum of money, we combine numerous games to bet in an attempt to win huge, Due to our desire for high risk and consequent greed, what reasoning why we are not winning bets. Greed has a big part to play in why we lost a bet we were intended to win.
Last 2 night I signed up to an online bet called betking (become a KING) and I bet a virtual stake with 1700 naira to win 1,438,540.92 naira, but the game was lost and the bet that made it to lost was the last one I added, before I added the last one that made the winning to be this amount, I was having double thoughts like should I make the winning a random figure 1.5 million or I should stake it at 1.3? But out of greed I refused to bet the game at 1.3 and I added the one that lost the bet, what a pity?
Greed is one thing that gets some game lost, the stake we are supposed to win out of greed we add another that get the game lost.
Out of my own experience I have learnt my lessons, but I don't believe that this opportunity might ever come again because I don't bet often, on a second thought this my story is what makes some people put more interest on gambling.
Greed is one thing that gets some game lost, the stake we are supposed to win out of greed we add another that get the game lost.
Out of my own experience I have learnt my lessons, but I don't believe that this opportunity might ever come again because I don't bet often, on a second thought this my story is what makes some people put more interest on gambling.
The trouble is you thought you saw a pattern or some sort of logic in your betting pattern that simply did not exist. Each bet in independent of any other bet and it's all driven by random algorithm that is weighted, as advertised, towards the house. They don't even need to use any sort of trickery or rig the games in any way, it comes down to simple mathematical odds that will enable them to win over the long run. They also know that most gambles are much more likely to run their deposit balance down to zero rather than withdraw less money than they deposited. However they might seek to tantalize you with wins at strategic times, if they think that it can entice you to bet more, as ultimately they do have control of the whole backend system and can engineer it however they like.
Well gambling is a risky way of making money and our skills and luck determine our fate in it. But mainly luck part. When I feel lucky I always get greedy because I think that's life's answer to my desires. But logic should always be involved and considered. Even if you are the luckiest person ever in existence some gambling options are very very low possibility and sometimes you should rather pick lower amount of money too.
Gambling is not a reliable source of income for anyone; it entails a lot of risk and can cost you a lot of money, even if you lose everything. Luck is a key component of gambling, or more accurately, the basis upon which it is built. When it becomes uncontrollable, greed becomes a major problem since it always has the purpose of winning, which is a trap, I found about gambling. If you can't control yourself, greed eventually creeps in. Today, it's even getting harder to truly win, so experts advise that we always take our betting budget into account, even though occasionally taking a risk is the best course of action. Gambling is fun when played responsibly.
What I want to say is that greed can sometimes be your friend because having greed is somewhat the same as having a gut but again, don't let it drive you as that will really put you in a situation that you never wanted. No need to eliminate it as greed is just like luck, you never know when will it hit you.
I accept that, greed can turn into a blessing. Sometimes we are persistent with what we believe in like if you try and keep trying because you see that light is at the end and at the end it may turn into good. Sometimes some gamblers are persistent in coming back to try after losing. I have witnessed much of this when a gambler losses in visual game and after losing much they still try the last game which turned out to be the remedy that brought them back to regain all the money lost earlier.
It won't still save him in the long run, this is because there is always a deep hole on the other side, so risking more is risking too much so there is no way that greed can ever be a friend in gambling.
Well gambling is a risky way of making money and our skills and luck determine our fate in it. But mainly luck part. When I feel lucky I always get greedy because I think that's life's answer to my desires. But logic should always be involved and considered. Even if you are the luckiest person ever in existence some gambling options are very very low possibility and sometimes you should rather pick lower amount of money too.
You are not alone,I do exactly the same,gambling deceives me the same way as it does to you.Whenever I am getting a great amount of money I think,now just a bit more and I am getting rich this time,I am already thinking what to do and what to buy with my money that I think will I win further on the game play.Unfortunately greed is a bad friend,the worse of them all,as it keeps you pushing to win more and more until you lose the very last cent of your money remaining once again wondering why did I not do that withdraw and to have some spare money at least.
This is often the reason why instead of having some profit in gambling, we tend to continue playing for wanting more, believing we can gain more if we continue. Also happened to me many times and after losing it all that's when I realized the mistakes that I did.
True. Greed can really lead people to make unethical and irrational decisions. I once experienced this in traditional gambling. I was winning more than I was losing, but then I started to feel greedy and wanted to win more, so I stopped paying attention and kept my bets higher. As a result, I started to make mistakes, risking too much, and as a result, I started losing more than my winnings. My greed has overtaken me, and I left the casino with few in my pocket. After that day, I regretted what I did and promised never to let greed control me again and stick to my limits.
could really be avoided specially when we are still newbie or on the time that we are just starting up. Even professional or veteran gamblers do really have this kind of characteristics knowing that there's really indeed a time
that your greed would really be kicking in on the time that you do see that you are really that earning money which we know that being lucky isnt something that could really be sustainable or do last on this space.
If you cant be able to handle out your greediness then it would be resulting into further actions which might lead into disaster on the time that you cant be able to control it. Normally we would really be experiencing out
the bitter situation of because of being too greedy but on the time that you have learnt up things then for sure you would really be avoiding this on next.
Greed is something that is usually very difficult for gamblers to endure. Usually our feeling always says "A" but because of greed our choice changes to "B" either because the reward is bigger or for other reasons. But actually if we can control our greed for our choices, it can save us from bad choices, even though it's quite difficult, but actually we can train ourselves to control our greed. If we get used to restraining ourselves, I don't think greed will control us anymore.
Greed is one of the worst thing that could happen to any gambler, we just have to relaxed and deal with our challenges other than run from them. Most gamblers in the space exhibit greed; there is nothing we can do to totally eliminate it, but we can supply remedies to help lower it to a minimum standard. It is steadily depleting gamblers and making more room for account liquidation. Greed has caused many gamblers to miss out on huge earnings from the system, as they are usually hesitant in their activities and make sure they have everything in order before ending playing for the day. It's not even debatable whether if greed can cause troubles or not because that is situational and it depends how you handle it, and not to let greed to handle you. And to start with, greed is already with us even before we start on betting specially after the fact that we are there to make money while entertainment comes second.
What I want to say is that greed can sometimes be your friend because having greed is somewhat the same as having a gut but again, don't let it drive you as that will really put you in a situation that you never wanted. No need to eliminate it as greed is just like luck, you never know when will it hit you.
I agree with you, in a way, it’s something that’s there, and if used right, it's like an advantage. But it can cause problems, real problems, if you let it get the better of you. That's where the situational part comes in, I guess. It's like knowing when to hold and when to fold in a card game, yeah?
This is often the reason why instead of having some profit in gambling, we tend to continue playing for wanting more, believing we can gain more if we continue. Also happened to me many times and after losing it all that's when I realized the mistakes that I did.
True. Greed can really lead people to make unethical and irrational decisions. I once experienced this in traditional gambling. I was winning more than I was losing, but then I started to feel greedy and wanted to win more, so I stopped paying attention and kept my bets higher. As a result, I started to make mistakes, risking too much, and as a result, I started losing more than my winnings. My greed has overtaken me, and I left the casino with few in my pocket. After that day, I regretted what I did and promised never to let greed control me again and stick to my limits.
Well gambling is a risky way of making money and our skills and luck determine our fate in it. But mainly luck part. When I feel lucky I always get greedy because I think that's life's answer to my desires. But logic should always be involved and considered. Even if you are the luckiest person ever in existence some gambling options are very very low possibility and sometimes you should rather pick lower amount of money too.
What I want to say is that greed can sometimes be your friend because having greed is somewhat the same as having a gut but again, don't let it drive you as that will really put you in a situation that you never wanted. No need to eliminate it as greed is just like luck, you never know when will it hit you.
I accept that, greed can turn into a blessing. Sometimes we are persistent with what we believe in like if you try and keep trying because you see that light is at the end and at the end it may turn into good. Sometimes some gamblers are persistent in coming back to try after losing. I have witnessed much of this when a gambler losses in visual game and after losing much they still try the last game which turned out to be the remedy that brought them back to regain all the money lost earlier.
Greed is something that is usually very difficult for gamblers to endure. Usually our feeling always says "A" but because of greed our choice changes to "B" either because the reward is bigger or for other reasons. But actually if we can control our greed for our choices, it can save us from bad choices, even though it's quite difficult, but actually we can train ourselves to control our greed. If we get used to restraining ourselves, I don't think greed will control us anymore.
Greed is one of the worst thing that could happen to any gambler, we just have to relaxed and deal with our challenges other than run from them. Most gamblers in the space exhibit greed; there is nothing we can do to totally eliminate it, but we can supply remedies to help lower it to a minimum standard. It is steadily depleting gamblers and making more room for account liquidation. Greed has caused many gamblers to miss out on huge earnings from the system, as they are usually hesitant in their activities and make sure they have everything in order before ending playing for the day. It's not even debatable whether if greed can cause troubles or not because that is situational and it depends how you handle it, and not to let greed to handle you. And to start with, greed is already with us even before we start on betting specially after the fact that we are there to make money while entertainment comes second.
What I want to say is that greed can sometimes be your friend because having greed is somewhat the same as having a gut but again, don't let it drive you as that will really put you in a situation that you never wanted. No need to eliminate it as greed is just like luck, you never know when will it hit you.
It's true that greed is sometimes a factor to losing but not all the time. Some people tend to place all their hopes on winning a bet, some go as far as planning what that winning would be for and as such get tempted to go for an odd that has a slim chance of entering.
Like I said that greed can be a factor, sometimes it's not the game that was last added that might cause the game from not entering, rather in some cases it's the one with the small odd that has greater chances.
Another reason why greed can be a factor is when you don't know how to take in your winnings. Some feel that because they started the game with $50, they must win higher even after they managed to win like $30, that's where the greed comes in.
Like I said that greed can be a factor, sometimes it's not the game that was last added that might cause the game from not entering, rather in some cases it's the one with the small odd that has greater chances.
Another reason why greed can be a factor is when you don't know how to take in your winnings. Some feel that because they started the game with $50, they must win higher even after they managed to win like $30, that's where the greed comes in.
This is often the reason why instead of having some profit in gambling, we tend to continue playing for wanting more, believing we can gain more if we continue. Also happened to me many times and after losing it all that's when I realized the mistakes that I did.
We can't remember how long we've been gambling, so we keep playing because we still hope that in the next round, we can get a win. But instead of winning, we get lost. But when someone wins, they don't immediately stop and take their winnings but keep playing because they want a bigger win. And that greed can come to anyone who plays gambling without seeing they have won. And when we have won but keep gambling and lose the money, we lose instead of winning. This is where we need to learn to have good self-control to stop playing gambling, especially after getting a win.
- This is just my point of view, when a gambler is new to the industry like this and experiences a win right away, this opportunity like this is the starting point for a gambler to become greedy. Because it will come to the mind of the gambler that he can get rich gambling effortlessly.
In addition to that, he can also think that it is a good source of income that is greater than the salary of an ordinary employee, that is, nothing negative will enter his mind when they experience winning because he will think that he always holds the luckily he didn't notice that greediness had entered him in the truth.
Phases of thinking like this always arise and are experienced by anyone, even I used to have thoughts like that and it's true that thoughts like that actually made me blinded by victory so I didn't care about the risks and also the bad effects in the long term so I just lost everything which are owned.In addition to that, he can also think that it is a good source of income that is greater than the salary of an ordinary employee, that is, nothing negative will enter his mind when they experience winning because he will think that he always holds the luckily he didn't notice that greediness had entered him in the truth.
Lucky for me for not going further in the cycle of greed.
If we think logically then gambling is not a place that you can really rely on to make money because when you compare an employee I prefer to be an employee to make money because every job that is done is definitely paid every day, it is different from gambling which is there is still no certainty whether it provides benefits or losses.
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This is often the reason why instead of having some profit in gambling, we tend to continue playing for wanting more, believing we can gain more if we continue. Also happened to me many times and after losing it all that's when I realized the mistakes that I did.
We can't remember how long we've been gambling, so we keep playing because we still hope that in the next round, we can get a win. But instead of winning, we get lost. But when someone wins, they don't immediately stop and take their winnings but keep playing because they want a bigger win. And that greed can come to anyone who plays gambling without seeing they have won. And when we have won but keep gambling and lose the money, we lose instead of winning. This is where we need to learn to have good self-control to stop playing gambling, especially after getting a win. Jump to: