Topic: Greed or risk - page 14. (Read 2864 times)

 
Lucky for anyone who ever has that bet slip, it seems like the game played in his favour.

For this reason, we must really be able to control ourselves and not chase losses because we have already lost from previous gambling games, and if we continue, our losses could become even greater. Only with limits on gambling can we prevent bigger losses so that we only gamble with the money we can afford and never exceed the limits we have set. Don't spend too much money gambling because later, we will regret seeing how much money we have used, and it won't be easy to get that money. We can only be careful when gambling and don't be easily tempted by the offers we see in gambling.

This bad thing can be a goods experience for your life in the future because with that your can realize that chasing losses is very risky, therefore it is true as you said, if we have to set limits in gambling so thats we don't experience bigger losses, we can do it here. Remind our friends to gamble with reasonable limits and not exceed our capabilities, if the limits are up we must be willing to lose the money or at least use the minimum limits possible so that we don't regret losing money too much and can stop doing it without thinking twice.

It's more of greed than risk for most gamblers, because they can imagine that if they can come that far without failing then their luck will lead them all the way to winning the bet. Not remembering that gambling is a game of chance, that the table can turn around at any moment, in an instant winning can turn to lose. Any thing that depends on luck to achieve is not a reliable thing to depend on, because luck can change at anytime whether for good or bad, so it's more reasonable to cash out if given the opportunity to do so.

Taking the risk to continue a game that you have no control over is not advisable, unless the gambler does not care about winning or loosing, but in rare cases, people who care about winning and yet continuer to play after been given the chance to cash out are the real risk takers, because if they lose, they probably have ways of getting over the lose.

It sometimes feels like some people care more about what you do than what they do themselves or need to do, lol. I mean, do what you have to do instead of focusing on what I'm doing, it's my things, it's my life, and it's me who should be deciding what's good and what's bad for me. If you think that I'm doing something in the wrong way, just suggest me a better way, and if I think that your way is better than mine, I will follow it, but if I don't think so, I'll go with my way and you shouldn't have an issue with that and don't start arguing with me for that.

OP probably did the same thing with his friend, he did what he thought was right for himself and he was confident with his decision. OP suggested something but he thought his decision was still better so he went with that and OP started an argument with him for not thinking that his decision was better.

We also have to be responsible for our gambling and not gamble excessively, let alone expect to win big. If we can win, we must be grateful for having won. Remember that in gambling, winning is very difficult, and not everyone can win. I also always calculate my expenses when gambling and will not deposit more money on the same day, especially when I gamble; I always try to limit the use of the money. I will not chase losses because I have experienced bigger losses that I could not imagine before, so by always limiting the money for gambling, that is what I can do.

Greed has become the starting point for a more painful end, they, especially gambling addicts, have felt and proven it themselves, it is quite painful but the problem is that their expectations are much higher than the reality that always befalls them (even successive defeats). That is why they are still greedy even though it is clear that the final result is more often a defeat than the results they always expect. Even though they basically got a win at the end of the gambling session, I wouldn't say it was a real win because obviously in that condition they will bring their greed like you said, and instead of getting a much bigger win but the opposite happens.

It's a cycle of addiction that will always be involved with greed at some level, and whether or not a gambler will be greedy depends on the level of involvement of the person in the gambling, usually greed will always play a role in someone who has entered the addiction phase. I don't believe they can control themselves if they are in a state of competing in a bet with anyone including their own partner, because when your adrenaline is pumping then maybe you will not think and consider how much risk you have to take.

It's just crazy when a lot of people mind other people's stuff. There is nothing wrong with giving advice but it is wrong when someone tries to insist. It's like some people here making posts and talking about how Elon Musk was a failure and what things he should do in order to make his business better. It's crazy. We should look at ourselves in the mirror before considering to mind other people's business.

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.

And for the rest of the actual risk takers, they wouldn't mind but to continue and if they lose, they lose no matter what happens and no regret on it.

Greed once enters, a gambler for sure will always put the winnings he gets at risk because greediness pushes him to continue playing gambling in the casino, which is why he always ends up losing.

This happens all the time with gamblers. Now, there are others who may not have this greed in the meantime, but there is a risk that they take when they gamble, and that is that they are willing to beat their partner no matter how much it is, right?

Greed once enters, a gambler for sure will always put the winnings he gets at risk because greediness pushes him to continue playing gambling in the casino, which is why he always ends up losing.

This happens all the time with gamblers. Now, there are others who may not have this greed in the meantime, but there is a risk that they take when they gamble, and that is that they are willing to beat their partner no matter how much it is, right?

Greed or risk, I think that it depends on the mindset and financial strength of the gambler, because what you're worrying about for him might be his adrenaline to keep going in the game. Some people are natural risk takers, they'll want to finish the game no matter the outcome, it doesn't matter to them if they lost, so far they won't lose more than the amount used to place the bet. While others will cash out, out of fear of losing everything, i believe that most reasonable gamblers will fall into this category. Another category are those that very rich, they don't care if they will lose the bet, and cashing out is not an option for them, they're just in it for the thrill.

Personally I'll cash out if given the opportunity to do so, because if i don't and eventually lose the bet, I'd be very heartbroken and blame myself for being greedy. This is probably because I'm not rich, if I'm rich and lose a bet, it'll likely be  risk for me.

yes, that's just some people, and I'm sure there are still many people who are responsible for their gambling, who still care about their financial health and don't really expect big wins at gambling because of that.
It's impossible, like looking for a needle in a haystack, even though getting even a small profit is already very grateful.
I personally take more into account the expenses I will use for gambling, limit my finances to a minimum and don't chase losses when the money I use has run out.

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.

But would you also do the same thing when the odds were on your side in bet?
Everyone needs lot of consideration whether to continue or stop and take most of the winnings because in the future no one will know what the final result of the bet will be.

Talking about opportunities actually does not guarantee victory and there are many incidents where team has succeeded in having an advantage and has big chance of winning but it is not finished because there is still time left and in the end there is a big surprise that makes the superior team lose.
This kind of thing should be matter of concern and learning that everything that looks like it has a chance may not necessarily end well.

Here I agree with @Kelward in his last sentence and the decision he made is the first step to staying safe and being able to have or maintain a number of benefits that have been obtained.

That's cold, it's always not anyone's business until they lose everything, and would have been better if they swallow all the pains that comes with it, but instead they will create an account on this forum only to share their bad story and how their life get *uck up by gambling, I don't see anything wrong in what Op is sharing, some gamblers are truly reckless with gambling and it's not bad using them to make examples on the forum, I have a friend who we never thought was into any gambling until he lost everything when gambling and he end up seeking for help, we were all surprised because we don't even know.

At the same time, I recall how secretive he has always been, that's who he is but if he has voiced out about it I would have just warned him about gambling and maybe give him some guide that will safe him from getting totally wrecked like what happened now, he is starting from the beginning again, like how much can I help him compare to if he start gathering the pieces all by himself?

Do not feel like you are always in control, that's when you should be more careful, my parent always say that I should be careful when I believe that I am standing, if I am falling I won't even notice it, this is the case with gambling, especially when you win once or twice, you will feel kind of special like a God of gambler, the fact about gambling is why I know how to avoid it's mess.