Topic: Greed or risk - page 13. (Read 2637 times)

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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

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.