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Topic: Greed or risk - page 14. (Read 2637 times)

hero member
Activity: 1414
Merit: 504
Leading Crypto Sports Betting & Casino Platform
November 09, 2023, 12:32:41 AM
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: 2450
Merit: 1855
Leading Crypto Sports Betting & Casino Platform
November 08, 2023, 06:37:49 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
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November 08, 2023, 07:41:46 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.
sr. member
Activity: 1050
Merit: 383
November 08, 2023, 03:53:36 AM
We all here understand that gambling is about taking risks and what he is doing is clearly taking risks by gambling that much money. Of course he has his own analysis and belief that the team he holds will win. And with various considerations he made, he took the risk by betting this amount of money on his favorite team to win the prize. So I can say that it's about taking risks, not greed.
full member
Activity: 2408
Merit: 213
★Bitvest.io★ Play Plinko or Invest!
November 08, 2023, 02:32:56 AM

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

How can we assume when the picture says nothing but the standing balance and the option to cash out? there is no even connected photo about what had happened or even Link pointing to that article?

But considering that this is a general question ? then for me It is not either greed or risk until we see what happened after that photo.

and also if you are going to ask me? i will not greed to not cash out that money , it is enough to feed my family for 2 months lol.or I can upgrade my Bike before christmass  Grin Grin
hero member
Activity: 1414
Merit: 504
Leading Crypto Sports Betting & Casino Platform
November 07, 2023, 10:02:50 PM
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.
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.
hero member
Activity: 2912
Merit: 556
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November 07, 2023, 09:00:22 AM
~snip~
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.
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.
hero member
Activity: 1554
Merit: 654
November 07, 2023, 08:34:51 AM
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 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.

But basically it's nothing more than "imagining and hallucinating right?" they will never know about whether they will be lucky or not at the end of the session, and yes I also understand that there is a chance to be able to win there but on the other hand the casino has arranged everything that the percentage of defeat will be much greater than victory, therefore as we see a lot of gamblers suffering from defeat and such a cycle will continue if they cannot change their mindset then obviously the cycle will never end. In the event that you've got a lot of time on your hands, it's best to make sure that you've got a good understanding of what you're getting into and what you're getting out of it.

Of course friends it is not recommended, and if you or they ask the reason I think it is clear because gambling is only an activity that relies on luck alone and there is no certainty whatsoever for a better result, unless yes if you don't care for any results, so I think applying good self-control and being a responsible gambler is one of the right solutions for prevention.
hero member
Activity: 1778
Merit: 598
The Martian Child
November 07, 2023, 07:15:52 AM
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.
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.

And I know some people with that same attitude. But I am trying as much as possible to stay away from them. They're toxic. I honestly do not understand why they need to argue or insist when their suggestions aren't being followed. It is disrespectful. Maybe psychologists can explain more, it could be something about personal insecurity.

OP is feeling bad which is why he posted it here. His advice wasn't followed and as he said, the argument didn't end well. What makes matters worse is his advice ended up being a mistake so his friend won the bigger pot. What a shame. If I were OP I would spend some time alone, and re-assess my personality. And of course, I will apologize to my friend with a good vibe manner.
hero member
Activity: 1414
Merit: 504
Leading Crypto Sports Betting & Casino Platform
November 06, 2023, 11:15:36 PM
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.
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.
sr. member
Activity: 448
Merit: 287
November 06, 2023, 02:46:09 PM
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.

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 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 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.
sr. member
Activity: 2156
Merit: 344
November 06, 2023, 10:09:24 AM
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.
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.
sr. member
Activity: 2800
Merit: 344
when lambo...
November 06, 2023, 09:37:15 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.
sr. member
Activity: 1190
Merit: 296
November 06, 2023, 09:29:58 AM
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.
hero member
Activity: 2520
Merit: 624
November 06, 2023, 08:32:19 AM

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.

Yes I know of some gamblers who don't like using the cash out mode, they prefer to take the full risk and bear whatever consequences that comes out of it. They say they are okay with losing all and if they win the full potential they are also happy.

There are different reasons that make some not to use cash out. They have had situations where they used the cash out in fear that the game will eventually go against them but it finally happened that the games were all successful whilst they had already jumped out with meagre amount and losing the bulk of the potential winning. I feel the pulse of those who argue with presenting such experience with the point of eventually winning.

They say afterall they were the one who predicted the games and that they would allow it to finish out. Moreover, another argument from such gamblers is that before the introduction of cash out, that they have been winning so why chicken out but for me, I believe cash out is very useful for gamblers and since its introduction, more people have tasted winning even if not the potential winning amount.
hero member
Activity: 1554
Merit: 654
November 06, 2023, 08:11:52 AM
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.

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 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.
legendary
Activity: 1442
Merit: 1062
November 06, 2023, 07:28:19 AM
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.

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?
This is what the gambling industry is built on, on greed and the inability to control it. If a player wins, then in approximately 95% of cases he will return and lose his winnings, and also bring his own new money and give it to the system. I have always been surprised by professional poker players and raising limits (NL5, NL10 and so on) provided that the bankroll grew to a certain value. I thought I was disciplined, but I couldn't go down the limit when I needed to and ended up losing almost my entire bankroll. This turned out to be incredibly difficult to do, after which I realized that I would not become a professional player. It’s good that I realized this and stopped, but some people lose and can’t stop.
full member
Activity: 770
Merit: 106
November 06, 2023, 06:48:36 AM
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.

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?
hero member
Activity: 2912
Merit: 556
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November 06, 2023, 05:18:52 AM
~snip~
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.
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.
hero member
Activity: 1778
Merit: 598
The Martian Child
November 06, 2023, 01:49:51 AM
OP he took the risk to bet so there is nothing wrong if he decides to cash out early or keep it going the usual way. What is wrong is you debating with your friend that he needs to cash out and calling him greedy because he did not follow your advice. You said the debate did not end well, blame yourself, mate. Don't act like an expert or accept the fact that your advice can either be followed or rejected. Did he owe you money? You seem so forceful about your advice. And in the end, your friend was right. Thanks for not following your advice. He would've been bitter if he followed your wrong advice.

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.
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