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Topic: Greed or risk - page 13. (Read 2907 times)

hero member
Activity: 1694
Merit: 629
November 10, 2023, 07:19:15 AM
I think this situation varies entirely depending on the person's preference, budget and risk threshold. Gambling is an activity that we always undertake by taking risks and the bet amount varies depending on the person's budget. That is the bet amount in question should be evaluated depending on this person's gambling budget. For example, if this person will not be negatively affected if he loses this amount it would be more accurate to call it a risk but if the person will be negatively affected if this bet loses it would be more accurate to state that this is greed.

So, in order to give a clear answer here I think it is also important to know how this bet affects one's financial situation and gambling budget. Of course, the amount in question is not a small amount but as I mentioned the importance of this amount varies from person to person.
sr. member
Activity: 2436
Merit: 455
November 10, 2023, 07:09:29 AM
Gamblers have their own reasons; to be honest, not all of them are crooks like that. What we have seen is wild or greedy, and we will immediately think of them. In fact, his point is valid; if that is really his reason because he is willing to take the risk, then we don't care about that because it is his choice.

And whatever he does, it's not really us who will be affected, but him, so there's no point in debating or arguing with him. This is just my own view and opinion on what we are talking about here.

Same sentiments.

If he can afford to make the bet without relying on borrowing from a friend or taking a loan, then let him. It's not as if you're also going to be in trouble if he fails his bet. That person is probably well-aware of the consequences of his actions. If not, at least you got to tell him the possible repercussions.

When we see people taking big risks, it's okay if we criticize, but not in an aggressive manner. I know you want to prove your point, but making an argument will not really make them change their mind unless you do it in an assertive manner. It's good to be concerned, but we shouldn't shove our belief or thinking what's good, better, or what's not to other people. They should still decide on their own. May it be a greedy move or just merely risking, it's none of your biz, so just stay out of it especially if they don't want to hear your unsolicited opinion. If you already gave one out of looking after them, I guess that's enough.
legendary
Activity: 3346
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Leading Crypto Sports Betting & Casino Platform
November 10, 2023, 04:03:00 AM
I think getting greedy while gambling is not a big deal, it is gambling after all and we are all making bets that are big risks of us losing all our money as well, that just doesn't make sense to give up that early and not really look for something bigger.

I understand that it may feel like you could take the money and consider that as profit, but five minutes later you are going to bet that on something else anyway, and I mean if you want to quit and then quit gambling all together after getting that win then I am not saying anything about it, you could do that and that's understandable, but if you are going to keep gambling and not quit gambling, it doesn't feel like it is a bigger risk to continue with the bet and expecting bigger return, then trying to get out, that doesn't feel like any big difference in the end. I feel like if I am going to keep gambling at some other game and risk my money, then I am willing to end up risking it with continue with this bet too.
It's not, it became a part of it. Gambling and Greed are like twin brothers, most gamblers will take risks and try to win more feeling luck is on their side and it won't let go that easily.
I don't believe much in luck though. I believe in the system and I know that every time the gambling site gives us a multi-win affiliated with it is a streak of losses that will come afterward. Then, it will slightly recover all that money without us noticing it. Sure, it will give more x2 and x5 but it won't give the same multi-win in a few bets.
That is why the most greedy will find themselves losing in casino games today. The provably fair part is only a front and we will still end up losing in the future.
Be wise, take the profits if you can. Don't gamble it more just in exchange for an addition of $1 or $2 or worse things may happen.
hero member
Activity: 1162
Merit: 643
BTC, a coin of today and tomorrow.
November 09, 2023, 07:29:21 PM
There are loads of people gambling with various motives, and most people are gutted when it comes to gambling, its either the price or nothing.

They'd prefer to loose out on a huge sum as they've calculated the expected outcome and have decided to sacrifice whatever it is that they have committed to betting on that particualr game. I will call it risk rather than greed.

That is what gambling is all about,  risk taking! While any normal person will quickly cash out what's available rather than chase clout, the gambler was still determined to pursue the ultimate price. While many will call it greed,  I believe the gambler is gambling with what he can afford to lose and no emotions attached. If he can risk it, let him do it and if he losses, it is solely his business. As for me , I am not brave enough to refuse an  initial offer when the game is purely a game of luck. I will cash out immediately and come back another day
hero member
Activity: 1652
Merit: 518
OrangeFren.com
November 09, 2023, 06:58:40 PM
This is neither greed nor risk but a combination of both of them. It is the greed of trying to win more that makes people take bigger and unnecessary risk forgetting that there is now a bigger potential loss. Most people gamble out of greed and don’t know it. It mustn’t be a large amount to be greed, it’s mostly about the intention. A better way to put this is when someone is trying to win something beyond the reasonable or necessary limit than they should.

Being greedy in the gambling is the positive one in the gambling,because by the greedy we can make the high target as compared to the normal gamblers.The risk of the dollars alone make you made the big win in the gambling,but you should understand risk of the dollars also made you loss.But the gambler will not see the loss in the gambling,because they know themselves the gambling will give the gambler return with more dollars in the same gambling game.Some gambler think the greedy will make the gambler loss the full money,their is the risk of the dollars.But we are not going to share the gambling sites our profit from the gambling sites.
full member
Activity: 282
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November 09, 2023, 06:50:59 PM
I’ll have to side with your friend on this one. I think greed could play a role in the decision making of some people who actively gamble. But I think in this particular case, your friend was willing to take the risk despite given the opportunity to withdraw a certain sum and see if his bets would still play out like predicted. That’s literally gambling. Risking a partial sum to actually see if you’ll be able to get the total win.
Gambling is all about taking risks like your friend mentioned. Although, if lucky, your risk taking could yield some good profits. Your friend was also lucky as he took the risk and was able to win a bigger profit.
sr. member
Activity: 980
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Catalog Websites
November 09, 2023, 06:36:47 PM
There are loads of people gambling with various motives, and most people are gutted when it comes to gambling, its either the price or nothing.

They'd prefer to loose out on a huge sum as they've calculated the expected outcome and have decided to sacrifice whatever it is that they have committed to betting on that particualr game. I will call it risk rather than greed.
sr. member
Activity: 742
Merit: 275
November 09, 2023, 05:58:52 PM
Sometimes to take risk in a gambling matters and it do cause more profit, we all know that playing a gambling is also a risk and greediness because what prompted us to gamble is because of multiplying of our funds and sometimes it can be called greediness, so gambling is something you have to know your target in profit so that you will not lose because of a process of accumulating your funds, so greediness is a part of risk in gambling but people do not see it like, so what they are after is to criticise greediness why greedy is a risk we take both trading and gambling

Undoubtedly, greed is present in the heart and mind of a considerable number of gamblers whenever they bet on a game. They’re all about how much and how big the amount they stand to get if the game turns out favorable.
But not everyone is greedy when it comes to staking a bet.
No doubt, the money to be won is the ultimate reward when betting, I’d like to think there are people who bet not quite for the money to be gotten if lucky enough but mostly for the thrill and suspense they get out of it.
These set of people do not gamble in the hope of getting some sort of income from it.
sr. member
Activity: 1680
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Eloncoin.org - Mars, here we come!
November 09, 2023, 05:51:58 PM
This is neither greed nor risk but a combination of both of them. It is the greed of trying to win more that makes people take bigger and unnecessary risk forgetting that there is now a bigger potential loss. Most people gamble out of greed and don’t know it. It mustn’t be a large amount to be greed, it’s mostly about the intention. A better way to put this is when someone is trying to win something beyond the reasonable or necessary limit than they should.
legendary
Activity: 2282
Merit: 3014
November 09, 2023, 05:50:08 PM
I saw this image below on one of my friend's WhatsApp statuses earlier today. I don't know if the game was played by him or if it was an image saved from somewhere, but the image got me thinking, and we got into a debate because of that.
 
I was telling someone that if I'm the one to have such a slip and the game is already showing me to cash out such an amount of money, which is equal to $865 based on our local exchange rate, seeing such an amount as cash out available and leaving it will make me appear like someone who is too greedy, but the guy was telling me it's not being greedy but it's all about taking risks. The debate didn't end well, so I decided to bring this up here to see the responses from experienced gamblers.
 
Lucky for anyone who ever has that bet slip, it seems like the game played in his favour.


I don't really see how an initial bet could be considered greed. I agree with them that it's really about risk and not greed. I guess you could view a bet as being greedy if lets say you placed a large bet and won a bunch of money and then all of a sudden that person decides to place another bet, one they had not planned on making, and one they weren't really prepared for, but were "greedy" having won a bunch of money just recently and thought that their hot streak/good luck would continue just because.  Now to me, that's greed.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
November 09, 2023, 05:42:31 PM
I think getting greedy while gambling is not a big deal, it is gambling after all and we are all making bets that are big risks of us losing all our money as well, that just doesn't make sense to give up that early and not really look for something bigger.
In gambling, we want to win big, so doubling the bet is something many people do, even though it is called greedy, it is normal in gambling because the emotional nature of wanting to win big becomes high, especially when betting on sports betting with the favorite team, it is clear that many of them increase their bets his.

It's not unreasonable, but if they do too much then it will be bad for themselves, so forcing high amounts while using money that they are not ready to lose may be a problem for them.

Sometimes when we play any game, if we win, we feel like we want to increase our bet, so that's a natural thing.
full member
Activity: 728
Merit: 217
November 09, 2023, 05:38:59 PM
Here from the picture shared by your friend on whatsapp status we clearly understand that your friend may have taken high risk here and because of taking high risk he has achieved this. At such high risk usually a gambler fails most of the time but your friend is lucky enough because he got a big profit despite taking such high risk. I think your friend can tell you about this matter better than us so you can ask your friend about it. If he has shared any other picture in his whatsapp status then that is different matter but if he is really doing this then you must try to know how he did it.
Sometimes to take risk in a gambling matters and it do cause more profit, we all know that playing a gambling is also a risk and greediness because what prompted us to gamble is because of multiplying of our funds and sometimes it can be called greediness, so gambling is something you have to know your target in profit so that you will not lose because of a process of accumulating your funds, so greediness is a part of risk in gambling but people do not see it like, so what they are after is to criticise greediness why greedy is a risk we take both trading and gambling
hero member
Activity: 2912
Merit: 556
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November 09, 2023, 05:30:42 PM
~snip~
It is very true, every time we make any type of bets in a casino we win, because it is obvious that we want to continue winning more and this is something that impels us to continue in the game, so we must consider that we are not like this making bets and winning , we can also make a big bet and lose a big bet, and that is something that hits us hard in the pocket , because we have bet a lot, so in this case what I do is change to Strategy , that is, now I don't bet big , what I do is bet With very little money, that is, the minimum bet, this so that I can pass the level of adrenilian generated by having been winning and lower my spirits, emcoines and everything that has to do with emotion of playing, then we could say that greed can be present in these cases, but it is not that it is decisive, everything that can be done through money has to be managed , money is delicate , especially when it is risked.

When we bet we Always make a quick or long-term Prediction , because you have thought about why you can win and what the odds are, other types of considerations are or can be evaluated but in part all we need is to do our right argument. be able to emerge Victorious , and this has a lot to do with what can be put at risk, if we have little money, it is irresponsible for us to risk it in a bet, or in a casino, because it is irrelevant that with little we want to think that leaving everything to luck, things can turn out well for us and suddenly they don't , because we are left with the worst or nothing , and I think that is not an irresponsible game, it opens up more to greed and greed makes us lose absolutely everything, then that I feel like when you have it, you have to erase it , try to get it out of your mind because it's not Healthy to have it, but that's my way of thinking, I think it's the best , from my own Experience.
You have to be able to control yourself after getting that big win and continue to restrain yourself because if you lose control of yourself, you will definitely continue gambling. There is a possibility that you will increase the amount of the bet because you definitely think that by increasing the amount of the bet, you will win. Lots. If what you want comes true, you will definitely be happy, but not so, friend, because gambling is not your friend, so you will feel sad when you experience defeat. But if you can then reduce your betting level to very little, congratulations because you can realize that you made a mistake and immediately correct it before you lose more money, and that is progress for you because you can realize it. Casinos are not a place to make money, that is what you have to realize and understand, and you don't need to torture yourself by placing large bets because that means you will experience quite a lot of losses.

There is no need to make quick or long-term predictions because you will not always be able to win, so you can enjoy your bet and don't expect much from your bet. If you win, congratulations, but if you lose, you don't need to be too disappointed because it is your fate to lose. Still, there is a possibility that you can win another day, so what you need to do is immediately stop gambling and leave the casino. You will only be able to win a little if you have luck, and we already know that for sure because many people try to gamble more often, but they end up losing more. Surprising. But that's how it is, so in this case, you are the one who controls everything, including the money, and don't be fooled by what you see out there because it won't always be what you imagine. Moreover, we all have more experience than other people out there, so we can overcome this so as not to gamble excessively. We can remain consistent in managing our gambling activities because we don't want to experience big problems such as gambling addiction.

~snip~
Apart from this, we also have to exercise self-control, we have to be able to control ourselves well, not easily control our finances emotionally so that we don't overdo it, maybe with these limits, someone can stop if the money runs out, don't chase losses too much because that will make things worse. finances are getting worse, and I agree with you that gambling is not a place to make money but just for entertainment. If we win, it means luck is on our side. Don't think too much about whether gambling will provide continuous profits because that rarely happens. Gambling will only give a profit once or twice after which we will experience continuous losses.
Yes, you are right because, with self-control, we can save ourselves and not become emotional as other people experience. We can regulate our gambling activities so that we don't overdo it and also don't chase losses because we already know that if we do, we will potentially experience more severe losses. All the money may also be lost. That's what we have to realize and try to stop it so that we avoid bad things that might happen after we finish gambling. Don't underestimate anything that looks simple because gambling can make us more interested in it, and in the end, we won't be able to get out of gambling easily. We have seen what happens and is experienced by other people from gambling, so we must always be committed to always protecting ourselves so that we are not greedy in pursuing bigger results.
legendary
Activity: 2716
Merit: 1383
November 09, 2023, 04:21:53 PM
Some gamblers are just chill in betting high because they can afford to lose that much money.Like that  friend owning the bet slip seems to have nerves of it. They're not sweating the risk and are just letting it ride. It's all about trusting the platform and having that confidence in their choices. For them, it's not about greed but rather a laid-back attitude and a pocket deep enough to handle the outcome. It's like saying, "Hey, I can handle this, no biggie!" We all have our own ways of dealing with these things. For some, it's about enjoying the thrill without the worry, and if you've got the means, why not? It’s a game we all have to be responsible for in playing Smiley
In a way you have a point, since every person deals with specific circumstances in a different way, but at the same time this laid-back attitude can be quite dangerous, as I have known a few people that had that attitude and they never took anything seriously as if everything was under control, and when they finally realized this was not the case they were in deep trouble already for which it will take them a massive amount of effort to get out of it.
legendary
Activity: 3066
Merit: 1129
November 09, 2023, 02:17:00 PM
I think getting greedy while gambling is not a big deal, it is gambling after all and we are all making bets that are big risks of us losing all our money as well, that just doesn't make sense to give up that early and not really look for something bigger.

I understand that it may feel like you could take the money and consider that as profit, but five minutes later you are going to bet that on something else anyway, and I mean if you want to quit and then quit gambling all together after getting that win then I am not saying anything about it, you could do that and that's understandable, but if you are going to keep gambling and not quit gambling, it doesn't feel like it is a bigger risk to continue with the bet and expecting bigger return, then trying to get out, that doesn't feel like any big difference in the end. I feel like if I am going to keep gambling at some other game and risk my money, then I am willing to end up risking it with continue with this bet too.
full member
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★Bitvest.io★ Play Plinko or Invest!
November 09, 2023, 04:52:03 AM
If am the one that owns this bet slip I will cash out, my reason for cashing out is the risk involved, this bet has a high risk, staking a bet with 1m with a potential winning of 2.730m is very risky and I won't go for this, despite that sometimes it works exactly this way, this is a no for me unless I won't put the loss into consideration which is not even possible, no matter how rich you are, when you lose money you will feel it, minimizing your risk and maximizing your profit in gambling will help to avoid much loss in gambling, remember prediction is not a sure thing, it is just what you instinct feel at that time but mind you, your instinct doesn't say the exact thing most time, so don't be a greedy gambler.
The owner of this bet slip is known to be a professional who is willing to take and bet more disgrading the possible risk of losing. I believe he doesn't need money in order to cash it out but he chose that it will stay there. We can't really imagine someone who is not afraid to stay in there but I think, he trusted the platform already made him confident enough that nothing would happen to his account and funds. Indeed, it was not greed but it was a matter of choice and trust. Of course, you can do the same if you are a rich person who doesn't care about losing their money.

Some gamblers are just chill in betting high because they can afford to lose that much money.Like that  friend owning the bet slip seems to have nerves of it. They're not sweating the risk and are just letting it ride. It's all about trusting the platform and having that confidence in their choices. For them, it's not about greed but rather a laid-back attitude and a pocket deep enough to handle the outcome. It's like saying, "Hey, I can handle this, no biggie!" We all have our own ways of dealing with these things. For some, it's about enjoying the thrill without the worry, and if you've got the means, why not? It’s a game we all have to be responsible for in playing Smiley
sr. member
Activity: 952
Merit: 275
November 09, 2023, 04:38:03 AM
It's all about taking risks, accepted, if the gambler is ready to face the consequences, or let's say that he can afford the lose then it's not greediness, to me it depends on the gambler, if he his worth millions in his local currencies then he can simply afford to risk this much, stop comparing yourself to others, if you can't afford to lose this amount OP it's because you don't have much, and if it's you I bet you wouldn't have risk this much.

Everyone should know their limits and capacity when gambling, over doing it is what leads to unwanted results, if I can afford to lose $1000 in every rounds on slots game then I must worth millions of dollars in my bank account, some will say this is too much but this is how I do my own things.

Before I started using things that costs be $150 I already have like $2000 in my bank account, before I purchased my $400 dollars laptop I already have over $10,000, this is what we should call been able to afford something, now in gambling, I am able to risk few dollars like $20-$50 and that's because I can comfortably afford losing this amount.

All gamblers need to wager only what they can afford, risk acceptance should be based on your whole income and your worth, don't just say that because you want to take risks or because gambling is all about risks then you should use all you have, you will likely go broke fast and start begging people for money.
hero member
Activity: 1498
Merit: 504
November 08, 2023, 11:32:41 PM
Discipline and responsibility are very necessary if we want to gamble, and we have to learn them before we start gambling, even if we don't really master them. With discipline and responsibility, we can prevent bigger losses and stop gambling, whatever the conditions. We will pay more attention to ourselves and will not let ourselves experience a lot of losses, let alone spend all the money, because it is not necessary at all. We can gamble with just enough money and can decide to stop gambling before things turn bad. We don't need to have ambitions to win from gambling because gambling is not a place to make money, and we just need to enjoy gambling and not gamble excessively. If we can stay within the limits, we will not worry about future problems, including not worrying about gambling addiction, because we can overcome it so that it does not influence us to continue gambling.
Apart from this, we also have to exercise self-control, we have to be able to control ourselves well, not easily control our finances emotionally so that we don't overdo it, maybe with these limits, someone can stop if the money runs out, don't chase losses too much because that will make things worse. finances are getting worse, and I agree with you that gambling is not a place to make money but just for entertainment. If we win, it means luck is on our side. Don't think too much about whether gambling will provide continuous profits because that rarely happens. Gambling will only give a profit once or twice after which we will experience continuous losses.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
November 08, 2023, 05:37:49 PM
Those who have never experienced a big win in gambling will definitely be very careful in placing their bets and they will also make good decisions in placing their bets because they don't want to lose from the bets they place, while those who don't can control themselves in gambling, of course they will play without being able to control themselves in placing their gambling bets so that they will experience defeat more quickly in the gambling they do.
But some people cannot be careful placing their bets because they are tempted to use big money bets, so they try it. And when they lose, they become curious, so they want to keep trying. In this case, they have taken a bigger risk because they have bet with big money, so they also lost a big amount. Supposedly, after their first loss with big money, they immediately realized that this was a mistake and had to stop or reduce the amount of their bet immediately so they could continue their gambling game. But what's better is that they can stop gambling to calm their emotions because losing large amounts must be painful, and there must be a desire to recover from their losses, which will not be easy.
It is very true, every time we make any type of bets in a casino we win, because it is obvious that we want to continue winning more and this is something that impels us to continue in the game, so we must consider that we are not like this making bets and winning , we can also make a big bet and lose a big bet, and that is something that hits us hard in the pocket , because we have bet a lot, so in this case what I do is change to Strategy , that is, now I don't bet big , what I do is bet With very little money, that is, the minimum bet, this so that I can pass the level of adrenilian generated by having been winning and lower my spirits, emcoines and everything that has to do with emotion of playing, then we could say that greed can be present in these cases, but it is not that it is decisive, everything that can be done through money has to be managed , money is delicate , especially when it is risked.

When we bet we Always make a quick or long-term Prediction , because you have thought about why you can win and what the odds are, other types of considerations are or can be evaluated but in part all we need is to do our right argument. be able to emerge Victorious , and this has a lot to do with what can be put at risk, if we have little money, it is irresponsible for us to risk it in a bet, or in a casino, because it is irrelevant that with little we want to think that leaving everything to luck, things can turn out well for us and suddenly they don't , because we are left with the worst or nothing , and I think that is not an irresponsible game, it opens up more to greed and greed makes us lose absolutely everything, then that I feel like when you have it, you have to erase it , try to get it out of your mind because it's not Healthy to have it, but that's my way of thinking, I think it's the best , from my own Experience.
hero member
Activity: 2912
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November 08, 2023, 06:41:46 AM
~snip~
It's true that chasing losses will only make us experience more losses, therefore we have to use it in a disciplined and responsible manner be able to control ourselves well and not be too ambitious to win because it is very risky if we have existing ambitions it will be difficult for us to control ourselves and find it difficult to limit spending so this will make us addicted and have an impact on our financial health, apart from that it will also make us experience mental stress and this is not very good, to avoid bad things we must be able to prevent them first by reduce gambling gradually.
Discipline and responsibility are very necessary if we want to gamble, and we have to learn them before we start gambling, even if we don't really master them. With discipline and responsibility, we can prevent bigger losses and stop gambling, whatever the conditions. We will pay more attention to ourselves and will not let ourselves experience a lot of losses, let alone spend all the money, because it is not necessary at all. We can gamble with just enough money and can decide to stop gambling before things turn bad. We don't need to have ambitions to win from gambling because gambling is not a place to make money, and we just need to enjoy gambling and not gamble excessively. If we can stay within the limits, we will not worry about future problems, including not worrying about gambling addiction, because we can overcome it so that it does not influence us to continue gambling.
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