Topic: Greed or risk - page 12. (Read 2907 times)

The temptation of easy money can be too much for people to resist, in the minds of some persons gambling offers the possibility of earning a lot of money without too much effort, but those are the thoughts of someone that does not really understand how gambling works or that they are too greedy for their own good, but whatever their reasons to think like this, if they do not correct it then they will gamble too much thinking that obtaining profits is just a matter of time, when in fact time is the ally of casinos, as the longer we gamble the more losses we will experiment.

It is very difficult not to do things like that as you say, because generally at least when I was a rookie I always made the mistake of chasing my losses and what I gained was more losses, so in this order of ideas we are the people who are more responsible in every sense for what we do and what we can do later, so sometimes without meaning to but out of mere instinct we seek to correct errors immediately and in a casino we seek to correct or put everything back on the ground of obtaining again winnings to recover what was lost, well that does not apply, because mainly when things are very hard in a casino, people resort to returning to recover what they have lost and that is the main reason in some cases that addiction exists, copsa Which seems a little silly to me because a person who is in a casino must understand how things and the money work there, this is something that can be quite understandable.

When a person enters a casino, they must be clear about what they can do, but they must also understand the fact that the house always wins, that the fact of putting a lot of money in a casino does not guarantee that they have to win because they put in a lot, The casino has its own way of obtaining profits, this is why we are always going to make the difference, each time we go to play we must understand this, apart from making our own plan, the last thing to do is :

1.Have a total balance to lose.

2.- Have an autocontrol, the autocontrol must go from the first moment you register or enter a game and bet responsibly because you are not going to bet everything in a single shot, because it is easier to do without anything.

These are also things that the rest of us should learn, there is no other way , for me it is very important that a person educate themselves before entering a casino, and thus avoid losing money Unnecessarily.

Almost all of us here who are crypto gamblers know this thing about greed, but even though others know that it is bad, some of our fellow gamblers continue to do it; some are aware, and others are not aware that they are becoming greedy.

This is why it is said not to let money control us because we will surely end up being greedy in the end because we don't realize that it has entered our personality. But if we are the ones who control what we do in gambling, it is for sure that greed will not enter our personalities.

The risk was the important factor of the gambling sites,many gambler accept the risk of the gambling.But still some gamblers will not accept the risk of the game,they just say the reason for the loss is by the luck.The risk should be accepted by the gambler,So he will take the gambling responsibility of the money deposit to the gambling sites.When the continuous loss was made in the gambling sites will make you more frustrated in the game.But get away from the frustration after the continuous loss was the more important in the gambling.The gambler who avoid the greed was the successful gambler now a day.

this scenario you are talking about may be more indicative of an early sign of addiction than previously experiencing greed and an uncontrolled gambler indulges in greed and loses more and then he will feel regret but continue to gamble with the aim of chasing his losses and regret it again until in the end he feels frustrated. and doing other things that are detrimental to themselves, such as getting drunk and when they come home feeling sorry and their thoughts are influenced by alcohol, they often end up getting angry with their family.
In this case, greed is the beginning of addiction. If you cannot ignore your greed, a gambler will slowly turn into a bad addict.

When gambling becomes greedy an impossible and uncontrollable need for gambling is created in the mind. It can be seen to have long lasting effects on any aspect of personal family social or economic. Although many people do not understand it themselves the harmful aspects that can be observed are the problem or destruction of relationships with people apart from the debtor. Financial problems Legal problems Losing a job or being looked down upon at work intoxication or getting involved in various criminal circles.

I don't have friends like that but it is true what you say that a gambling addict will find it difficult to accept advice. I think for people who also have an addiction other than gambling, it will also be difficult to accept advice from other people, for example, a child who often plays games and rarely rests. Maybe he will also find it difficult to accept advice from his parents or other people because he really likes playing games and doesn't want to stop before he has finished it.

But this is gambling where there will definitely be consequences that gambling addicts will experience if they do not reduce their gambling addiction or even cure their gambling addiction. And maybe he will pick a fight because he doesn't want to listen to advice from other people even though the advice is for his own good too. We may have to look for the right moment to talk to him so that he can accept what we suggest.

When it comes to gambling we are all different, we have different ways of seeing things in terms of taking risks and cashing out early, your friend is ok with taking risks so you have to respect that, each one of us has a different personality when it comes to gambling, some are very careful, some careless and some has a risky behavior so we have to respect their decision as long as they don't regret their decision and they are comfortable with it.
It will also cause a rift between you and your friend if you keep interfering with your friend's decision, so let him decide for himself.

Talking about greed, have you ever had a friend who likes to gamble but always does stupid things, where they always act recklessly and want big things every time they enter into gambling?
If you have it then what will you do and what will you give it to realize that greed and carelessness are very dangerous.

I almost got into fight just because of advice for gamblers who had lost large amounts of money several times because they always wanted to make more money with each win.
He has been given advice many times and even tried any approach, but he doesn't want to listen and is actually angry and asks me to be quiet otherwise he will invite me to fight.

From problems like this, it is clear that the first is due to the impact of the addiction he feels and in addition the aim of gambling as place to generate wealth which gives rise to greedy attitude.
So there is an idea that gambler cannot be reminded or given advice just by talking.

Being greedy will only bring us losses in gambling because, with increasing greed, we will never feel satisfied with the winnings we get. We still want a bigger win and that will make us continue gambling and we will even use the winning money we just got to bet. Unfortunately, we will have difficulty getting bigger wins but will start experiencing small losses several times until we finally experience bigger losses. The losses will get bigger if we start to get impatient and increase the bet amount to bigger than before. And once we lose, we lose a larger amount of money and of course, that will accelerate losing all the money if we can't stop ourselves from gambling.

I am not sure what you’re trying to say but being greedy is a very bad habit. If you choose to gamble recklessly (take unnecessary checkjust because you’re trying to be greedy, you may end up with a lot of losses than can evertually grow to debts. Also you will eventually stop paying attention to the limits you set because you’re hungry to win more more than average.

That game was depicted, and numerous gamblers profited substantially from it because it was crystal readily apparent, Barcelona vs Real is El Classico match, and Real Madrid won that game with a score of 2-1. There are two possibilities here: either he is financially stable or he is still striving to get out of the financial crisis. He actually wagered Real Madrid to win Barcelona in the El Classico game, and if he staked the game with such significant figures, it implies he's confidence in the side he's ready to stake a significant amount on without nervousness.

This must be controlled greed, this is the only way professionals make money. I even noticed that professional gamblers still have a competitive spirit, just like in big sports, they constantly want to improve themselves, draw conclusions from mistakes and not only from their own. Some of them play sports, such as basketball at the amateur level. They want to be better than others in everything, so they achieve excellent results in gambling.

For example, in poker, they very carefully and disciplinedly moved up the limits, and if they needed to go back to increase the bankroll, they did it, rather than taking uncontrollable risk at a high limit at which they lost the allowable deposit.

Well, not really. Greed is an excessive desire to get more of something that you already have or want to have, especially if it's money, wealth, or anything valuable. What you are describing is called taking risks, when you are using money from your pocket to win a reward or anything, greed is when you have won something but you want to win even more, and you risk what you have won to win more because you have a strong desire to have more than what you already have.

However, in the case we are discussing, we can and cannot consider it greedy because the outcome was yet to be declared in the case of OP's friend and since he could see that his bet would become successful, he didn't cash it out and wanted to risk his base bet and hope to win the bet.

It is my belief that sometimes excessive greed helps a gambler earn more money but in most cases excessive greed never results in good results. I know a gambler who started gambling with a small amount of money and won $500. At the beginning of gambling, he never expected to earn $500, but when he earned $500, his greed increased. Due to his excessive greed he did not withdraw the money he was earning but with that money he tried to gamble more and in the second phase when he started gambling it was a period of downfall in his gambling career. In the second step he gambled and lost his $500 and he again borrowed money and gambled to earn $500 and lost it and now he is much more in debt. 

In the first phase, when he was earning $500, he would not have been in so much debt if he had not been overly greedy. However I think that one should always limit one's greed and never take one's greed to extremes.

There are also other gamblers, because when they notice that they are lucky in gambling and win consecutively, they feel that they can beat the bankroll. It's like this: you were created by a creator, and then you, who created you, think you can lose the creator of you.

You know what it means to point out; this is something that other gamblers don't understand. That's why the house edge often wins because they control the game, and they can also choose who they want to win as a gambler. That's why there are often many gamblers who win what should be a large amount and then lose in the end. They should already know that.

That is the essence of gambling to make people assume they are winning against the table/banker but the reality lies that no they cannot, gambling tables are created to bring the owner as Money making machine , this flows money for every gambling owner and taking every cents in gamblers , so they are not calculating their possible winning over capital instead they are already addicted into it.
and they cannot prevent themselves to gamble and losing everything for the sake of playing.because even how much they won? still they will gamble and lose them all.

Probably it is both risk and greed, because a person takes risks trying to earn money. Greed is the amount of money a person is willing to risk. It seems to me that it can be not only gambling, you can see these qualities in cryptocurrency as well. Many people risk money by buying, for example, meme coins to make a quick profit.

I don't actually know the basis of your argument with your friend but looking at the image and the odd for the away team to win the game which was also the option of the person that played the bet, you'll know that the match has already been played and the betting company then gave him the option of cashing out his win not that it was an initial cash out option before the end of the match the bet was placed upon

Actually that's greedy when you can't enjoy your winnings, if you keep gamble using your winnings in hoping you can make more and then withdraw it, it's really hard to achieve and you always feel not enough everytime.

A gambler need to know when to stop or they will keep gamble until they lose everything.