Topic: Greed or risk (Read 2864 times)

OP gamblers are risk takers and also greedy people, I said this because I know of a gamble who stake a game with a little amount of about one fifty naira in my local currency, the potential profit of that stake was about four hundred and fifty thousand naira, the later give him a cashout of two hundred and fifth thousand naira he refused to cashout but unfortunately the last match cast the game, so in this case what are we going to call this person, I will say that he is a greedy person considering the amount he used in staking this game, but in this case you narrated the owner of that slip wanted to take the risk to the end because of the amount he used in staking it, for a gambling to have such mind to stake with such amount that's to tell you that he has being taking this kind of risk and is not new to him.

The casino will never see or even notice your background, whether you are a casual gambler or even a professional, still if you go in and get involved with money then you will be one of the many gamblers who will feel the impact of gambling itself especially the possibility of losing or even going broke as you said. It all goes back to the original setup and concept that gambling is about probabilities and those who win are the lucky ones.

But maybe the difference is in terms of risk management, where professional gamblers they already have a lot of experience related to the world of gambling which means that he has felt a lot of things especially various situations whether it indicates something good or has the possibility of something bad happening unexpectedly. Unlike ordinary gamblers or even those who have just been involved, they do not have any experience so they do not realize if some indications for worse things happen, so they continue to get carried away and end up experiencing many bad effects, professional gamblers will emphasize more self-control and good limits gained from their own experience, and if we look in terms of loss, it is clear that usually professional gamblers will experience less loss, but still for the problem of risk will always lurk.

No matter how good or professional a gambler can be, there's are still chances that he's surely still go broke and that's why it is called gambling. No one knows it all in gambling and nobody can authoritatively say that since he started gambling, he's not had bad days where he losses a lot of money in gambling. There are many professional gamblers who at some time went totally broke as a result of their numerous losses in gambling but still later got back to their feet after learning from their mistakes. So no matter how professional a gambler can be, there are days where he losses but what makes them more professional than others is their ability to manage the times of losses without allowing them get the better of them unlike regular gamblers who fails to manage their emotions during those times of losses.

 Gambling is one engagement that is full of surprises and no matter how strategic and analytical one can be, there are still chances that a gambler will still lose at the end of the day. Sometimes for gambler to win big, he must know learn how to be greedy in his decision making but that still guarantee him winnings in gambling. Risk taking and been greedy in decision making are two factors in gambling that can't be overlooked. That been said, we should always know that the commonest factor that determines people's fate in gambling is luck.

Well, poker is one of the oldest and most sought after games by people who like casinos, in fact I am one of those, but lately there are no casinos that offer a nice poker game, because mainly things when They try to do better, because they can be quick to generate money, in part, many chess players like to then venture into poker, applying all their intelligence to be able to win in this game, and it should be logical that with the knowledge of chess they will be able to These strategies help you establish a great game in poker, because you can see many scenarios that can occur, but this is very easy to see when you have little experience, and in a casino you play against a machine and it is very easy to win, since There are many players who say that this has nothing to do with it, it seems to me that it has a lot to do with it, of course it is my desire to think and what can be said about this, I could think that when there are people who do different things In casinos it is to play to win, that is why in poker you study a lot to be professionals.

And here in caunot to the professionals is when I enter into my own norm. I consider that a person is "porbelsinoal" in the game, or in trading when he plays or trades with very large sums of money, because he knows that a small movie does not entail a lot of money, that is why I say that a porbelprofesiona is a person who takes risks all the time. large amounts close to or greater than $1M, for me that is enough and I consider professional, and I am somewhat emphatic about it, but it is a truth that I consider absolute for me. The others can risk some money, little or a lot, but it can be a lot if we go to the point where we always want to win, for that you have to study a lot, have a lot of strategy, be someone who has experience in the game, it is something difficult Easy and beautiful at the same time with poker

I think that when it comes to doing better things to have good results, you have to have some irrigation, right? because when it comes to playing in a casino, and if it's poker, it's my favorite, but currently there are no casinos that have poker games that are exciting, let alone against other people and playing against the casino, so the hopes of winning Disappear, Because I'm not one to play in a casino, but only to manage my money I like to play to win, and if I lose, that's my destiny, but not to redeem myself or say that it's just about losing.

It's not my style to go to a casino where you see that the games are impossible to win, I don't play in a casino like that, and I've seen some cases where they're just waiting to be deposited and then they forget about the player, and when they leave to withdraw they Don't work or something like that, more than anything they become a scam , is what I can say about this, greed should not exist under any scheme.

Without a doubt things have changed, and while poker is way more popular than decades ago and the possibility of making more money than back then exist, the competition is so fierce now that even professional poker players are finding difficult to keep themselves profitable, as even if learning how to play poker as you should is difficult, there is a ceiling that once reached almost no one can go beyond it and they cannot improve their poker skills anymore.

"One that is constant in life is change" is a common saying in some parts of the world if not all, there is definitely no way poker was going to stay hidden for ever as to the extent that only very few persons will know how to play the game even unto this very 21st century, I can actually say that every game we play today that is of old had a time when only a few persons knew how to play it, and when the right time came, it broke out and alot of persons learnt how to play that game, this goes to show us that, nothing stays hidden any more like in the old days when there was no internet and all.
Nowadays, we have the internet, stuffs and things, information of anything can easily be sent out to the world easily through the use of the internet, which is to say that, nothing of value stays hidden for a long time anymore, all it takes is one person posting it on the internet, and it's gone viral.

The previous history of the poker game was totally different compared to now,only the skilled people was played op poker in the previous years.But the gambler who had enough money for poker can play now by the emergence of huge gambling site now.The gamblers can able to make the huge money as the bet in poker before,but only can start the poker with less initial as of now in gambling site.

The poker had more risky one compared to the other games in the gambling site.Because the table will have the five to six users at the time,but the winner of the game will be the one person who had huge knowledge among the gamblers in that particular table.Even your friends can make many win at the time of your losses in the poker because of the easy table to them in gambling site.

Probably one of the worst thing that could have happened to professional poker players was the popularization of poker that took place at the beginning of this century, as back then they had a lot of amateur poker players they could take advantage of, but now almost anyone that plays poker today has read a few books about it and it is way more difficult to beat them, and even the small stakes tables are filled with professional gamblers from all over the world that are more than happy to play poker and make some money each day.

That's the point of someone having self-control because they can control themselves so they don't become greedy because that greed will follow them when they gamble. And that greed will become greater when they win so that gamblers who have self-control will not be tempted to continue gambling and will prefer to stop gambling to be able to celebrate their win. They also don't want to take the risk of losing their money if they continue gambling, so they really limit themselves to gambling. They will gamble again later but will not continue gambling that day because they feel they have gambled enough with their money and it is time to stop gambling.

Risk will also follow a person when he starts gambling. The risk of losing will be greater, along with the desire to gamble longer than usual. But if he can control himself, he can reduce the risk of losing, and that is the limitation he can place when gambling. Betting with big money will only give him the risk of losing his money, and many people are not ready for this risk, but they still decide to gamble with bigger money at stake. They think that with that big money, they can win when that is not what will happen.

We think that it depends on player's philosophy and what is better for him. Also, It's better to rely on analytics when you want to decide whether or not risk again.

and most of them happen like that, where they have different motives because the greed that has mastered makes their motives change, at the beginning they gamble with the intention of just looking for fun but because every round is not good results and this makes them emotional and greedy will be more aggressive with the game, and here is where their motives begin to change, making them gamble no longer for fun but to pursue big wins because they want to cover the fatigue and losses they have felt. and I'm sure this must be experienced and felt by all gamblers, even if they have limits on gambling there is a possibility that they have felt this.

I'm sure this must be experienced by all gamblers, even if they have restrictions on gambling there is a possibility that they have felt this way. and also there are still many of the gamblers who cannot accept the defeat they get, maybe they feel that it is unfair because the defeat they get doesn't make sense, but they should be ready for the risk of losing the money they have and accepting the defeat they get, don't let them not be able to accept the defeat and then make them gamble again with the assumption that they can get a big win so they can cover the defeat and loss. and also many of them don't think about the big risks involved in gambling, even though they themselves do it so they should be ready for the risks that exist.

When feelings of greed appear in a casino , this is what we should avoid playing , because it is very easy to see money as paper, as something that is almost worthless at the moment, what is sought when there is greed is to have more and more , to Sometimes you can forget that a person has to have fun and that money is very important, and money is what is needed most to be able to have the best of all things to have and win, but if you don't win, you have to accept, just that.

The risk that one Runs when entering a casino is great, or one can Deny that one can Give much more when one bets big, but I do not agree with betting big when one has almost no money, because that is losing, and if a person who has almost no money starts betting on irresponsibility at its best, then it is better to abstain from many things so that they can do well and not risk anything , that's all I can think of right Now.

I dont think so on which greed is something that been always part of us on which there's no way that we could really be able to avoid such behavior or those kind of impulsive approach
specially when we are seeing some big money or stake then it is really just that normal for a human being to have that kind of reaction because if there's not then for sure it would really be
not that possible for us to have that kind of cold emotion specially when we do gamble. There's always that kind of feeling and emotion that comes out. In regarding on the situation
whether you should really be proceeding or not if you do see those opportunities then its up to your own decision since not all would really be sharing up with the same idea
since not all would really be risk takers and just really simply securing out those wins as much as possible.

Emotions and greed are most likely present in every gambler who gambles, where many of them cannot control themselves so greed and emotions arise and control them and make everything fall apart, maybe there is someone who has limits in their gambling but that doesn't allow them not to will experience greed, if they make even the slightest mistake then greed will control everything and make the game irregular where a lot of money will be lost just because greed has mastered themselves.

Yes, that's normal because everyone has both emotions and greed. Winning is difficult to get, while losing is always a factor in someone experiencing emotion and greed in gambling. We should be able to control ourselves so that these two things don't happen, because these two things can make us lose control and make everything fall apart. So, as best as possible, you have to avoid these two things so that undesirable things don't happen.

Right, but the problem is that we can't verify whether they are managing a lot of money. There is also the slogan "fake it till you make it", which has become very popular and prevalent especially since social networks like Instagram went through the roof. So if someone is a professional poker player because he plays all these big tournaments, but is sponsored and doesn't pay for it neither wins any big tournaments in a long time, I find it very difficult to tell whether that person is considered a professional. There are pros and cons, but seriously quite a lot of cons, which I think is a problematic as they carry a different message to the public.

I am just saying this because people shouldn't get deluded, but instead read into some basic statistics and find out for themselves whether they believe they can "professionalize" a game of luck for themselves.

Professional players probably don't have greed, but they need to think about the risk of completely losing their bankroll because there are fewer and fewer amateurs. This is a risk that needs to be kept in mind. Because of this, they are forced to fight with each other and earn money through rakeback. Eventually some of them will hit a downswing. To be honest, I haven’t played poker for a long time and I don’t understand why it exists, even though I used to like this game.

There is no doubt that there are many professional gamblers that would not have been able to keep themselves afloat without that additional income, and even some of the best players are not immune to this, so this should tell us how difficult it is to achieve that goal, however it is not surprising, as in the case of poker we know it is a game of skill, and with the increase on its popularity the level of skill of the payers has also increased, making more difficult for professional gamblers to profit from it as now everyone is playing at a higher level and they cannot take advantage of weak players anymore.

Yeah, the right decision at the right timing. If you have that inside you, then greed will never dominate, but like what you said, is not common.
As gamblers, they keep doing a kind of gambling where they are hoping for more luck.

Instead of controlling and taking that money out of the house, you always have that option to stop and collect your money, though
It's you as a gambler who always makes that last call.

Money or more luck to try if you choose to proceed and see what the outcome of your bets will be.

not all wins will have a greedy impact on gamblers but such scenarios are very common and often occur in gamblers who cannot respect their own money or greed will take over an irresponsible gambler and take the risk of betting to get even more while he forgets something if luck will not come twice unless defeat will come every day.

winning will not make someone greedy as long as they have a healthy mindset and know when is the right time to gamble and advice when winning is to always remember yesterday defeat so that you are afraid of losing your money.