Topic: Greed or risk - page 17. (Read 2637 times)

I think what you said at the end is also what matters in this situation. Someone who can afford to lose a certain can take the risk and try their luck knowing that they can win a higher amount through the bet and even if they don't, it won't be an issue for them since they can easily afford to lose the amount they've used for the bet. Greed is when you know you can't lose the money but you still don't cash out thinking that you will double the money that you've bet.

You are also right that it depends on a gambler's profit appetite, some may become happy if they get even 0.5x of their bet but some might not be satisfied even after getting many folds because they usually aim for higher profits and they do it by risking the money that they've allocated for this purpose.

When it comes to sporting gambling, I think anyone who wants to be successful in it needs to be greedy at some point in other to be able to win massively.
That being said, I think there should be a limit to everything one is doing with the picture I saw, I think it's excessive greed which isn't advisable for your friend not to cash out such amount of money and considering the amount be used in staking the game. In sport betting, there's no game that's very easy to predict the outcome so it's greed taken too far not to accept to cash out such amount of money

It can be both, maybe your friend knows exactly what they are doing and they are simply taking the best odds possible for their bet and they have good chances of winning it, which seems to be exactly what it happened, however this does not necessarily discard the possibility that this was because of their greed as well, as betting that amount of money in a single match is simply too much, unless your friend is a professional gambler or he has way more money than that saved and they can allow themselves to make such bets.

Well I wouldn't blame the person if they wishes to allow the game play to the end, considering the fact that most people are very wealthy that even a lose of 1 million will not even affect them in anyway, so whenever they play a game and it gives them a reasonable cash out they don't bother considering it because which ever way the game turn out to be he will not be affected emotionally or otherwise.

So I cannot call it a greed but instead is a risk, but however if a poor man has that kind of cash out and refuses to accept perhaps we could call it a greed.

So for me in as much as I'm sure on the possibility of wining the bet, I will always accept a reasonable cash out if there is any because anything can happen.

This is a game,  no matter the amount involved.  Gambling is all about risk taking. Your friend is only trying his luck, if he wins then it's fine. And if he loses, its still his business. I wouldn't want to tag it as greed. Every gambler has these atom of greed in them, we always want more and we expect a win from every gamble whether we are Gambling for the money or for fun. If he is matured enough to accept the outcome of the gamble , then let him carry on. Gambling is risk.

Maybe with that much money for an active gambler is not an addiction he will definitely continue to give arguments so as not to lose the debate, while the one who has fun in gambling will not spend much to hundreds of dollars unless he is an active gambler with the expectation of winning more than that, so it is necessary to ignore this kind of debate is definitely not going to be in line because we certainly think that money is very valuable for other purposes than gambling completely.

Well, it’s his bet and he can do what he wants to do. He fully knows the risk and wants to keep on holding out till the end. I personally don’t think greed may be at play here but I may be wrong. But whatever the case, the player is obviously aware of the opportunity he has to withdraw a considerable amount and still choose to hold on.
Greed is also a possibility here. I’ve also had someone I know lose out after having an opportunity like this. Perhaps, having high hopes and thinking more about the amount to be gotten, he decided to hold on till the end of the game and ultimately lost out in the end. It’s really all about taking the risks and bearing the outcome later on.

The way of thinking of people who actively gamble will always be different from people who only gamble for fun. For us, maybe that much money would be much better if it was withdrawn first and left in a certain amount for future betting needs. But for some people their views will never be in line with our thoughts, there is no debate on this issue and it would probably be quite stupid for us to debate in such conditions.

No matter how rational your argument is, it will not be useful to them and will still not make them agree with your thoughts. That's how gambling affects people's attitudes and your way of thinking will always be different from theirs. So stop arguing and for those who like to take risks it's not a big deal because they have often done that long before you knew.

Greed is something that it is really hard to control and does really need up that internal discipline and really that mindful about on the things that must done. Easy to say but it is really hard to be done on the time that you are on such situation on which there's no way that you could really be able to make yourself that able to do such thing on point. On the time that you are on such condition seeing that your bet is winning and would be having that early cash out opportunity then for sure it would really be that disrupt up your initial plans considering that you would really be thinking about those probabilities of comeback and might be resulting into losses of those bets which you do see that it is really that a sure win but we know as long the game isnt over there's always a chance or tendency for comeback.

Somehow, its none others business on what you would gonna do with your bet since its your money and you do have the full rights whether you would really be pushing it through or would really be cashing it out earlier.
There are really just those people who cant really just that bare up the risks and would really be going on the safer side of things but we do also know that there are
really people who are really that risk takers and could really do able to bare up with those risks involved.

I believe whether you're addicted to gambling or not, greed is always there. The only difference is that there is higher greed that has been developed when you are already addicted in gambling, and because of that the urge to gamble more becomes more uncontrollable as well.

However, both greed and risk are undeniably present in a gambler. The moment you spend your money to bet without any assurance to get returns or not, that is already taking a risk regardless of the amount. After all, you really need to take risk for you to win, big or small. And the bigger the amount you take risk, the higher the greed you developed, the lesser the amount you bet, it seems the more controllable your greed is.

If it's his friend then it might be his business. I talk with friends about various things and we don't tell each other in a rude way to do this or that, but we share opinions. It all depends on how you say it.

As for the second argument that you have, when the button is green, allowing you to click it, or press with your finger in case of a phone, the money is available. Before that the button is inactive and usually gray. It's a common thing, especially in parlay bets that they allow players to take smaller profit half way through their games.

I'd probably take the money and not wait until the end.

However, in my opinion, if someone gets a big win, they will most likely increase the bet value because at this time greed will take over them so they are not satisfied with what they get, of course this will be bad for them by increasing the value of a small bet to possibly get a bigger win.
It's true that you said it's up to them although withdrawing everything is the best option but it seems difficult to withdraw everything because those who are dominated by greed think this is an opportunity for them to get bigger. However, many of the gamblers I think will return to play by increasing the value of the bet because of the dissatisfaction they feel even with the risk of losing back the winnings they get, I myself think that winning big and increasing the value of the bet will actually spend everything they get back. Because opportunities don't come twice.

I don't think it's pure luck because this is sports betting. The guy could also be skillful because he is confident that he will win and he didn't cash out early. Gambling is all about taking risks no matter what type of game we are playing, as long as our goal is to earn a profit. If not, it can simply give us an entertainment. Since the guy is already successful, I think it's fine to allocate some money to try again.

I am not sure if it's a greedy move but it may be, if he keeps on playing and using all what he won earlier. Not all have the same appetite for gambling. Maybe yours is lower than him but other than that, you also think about others. Your a good guy.

Once we won a big amount of money then  there's a possibility that it will doubled or  trippled  and if it will happen then we can cashout it all away. If we do not want to cashout and then we risk our money there's a high possibility that we loss all our funds. So it's better to think twice which is better if we are gonna cashout right away
but it's up to the gambler if he will withdraw  or take a risk  but there's a high chance of loses.  But for me cashout is the best  option.

Both.
It's greed and risk. Maybe your friend just believed that the team he is rooting for can really win that game but it ended up bad. The greed factor is, there's really a big difference when you win it all rather than cashing it out early.
Some will play safe like I do and perhaps I will cash it out because of the amount that is on the line. But a gambler will always be a gambler. They won x5 and it's not enough. Some won x1000 and still not enough because they feel like it's their lucky day. If I were you I wouldn't debate this matter because gamblers have different kinds of approaches when it comes to their bets.
Earlier I had a long parlay that was winning but because of the small amount that I put into it I didn't try to cash it out and I wanted to see how it would end. Sadly, it didn't win but I don't regret it much because I can afford the losses that I made.

Yes it is possible and there is a point because the attraction of gambling is very extraordinary, as we know that the final result is usually always not in accordance with what is expected but strangely many people are getting more and more involved in gambling, maybe one of the causes in my opinion is the word "opportunity", they are too exaggerated in interpreting what is meant by opportunities in gambling, yes it is a chance to win, I understand that but I think they have also proven it themselves that the fact that always happens in the final session is defeat. And besides that, they do not pay attention to what they should understand when they are involved in gambling at the beginning, don't let you be careless by not preparing anything at all at the beginning, because it will be fatal if you are late and end up with regret.

No other than because it is better, if indeed they have managed to get a win then it is better to go and enjoy the victory, rather than you put greed with very high hopes for greater results, but not the final result is always unpredictable, right? Therefore it is better for you to take precautions by running away after winning, it is better than you play another greedy but eventually lose. Of course the casino will expect you to lose, it's their profit and their goal.

Bruuuhh!!! That's so lame to think of!! How could who ever is behind that ticket bet a single game with such a stake?? For real??.. uhmmm

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even if I'm supposed to believe that to be true, what's the possibility of getting away with a win in the game?...  Side of view: I seriously see this to be propelled by greed ... nothing more. Maybe he feels it's just so easy to get away with a win in games between two strong teams like that.. especially when the odds between them teams are kinda identical.

Sandra 🧑‍🦰

You will never win in gambling if you decide not to take risk. Of course, you should risk some amount but it doesn't mean that you risk all your hard-earned money, that is already being greedy. However, if the bettor here has a huge bank roll, then probably he only risk on his comfort zone, even if it means that's too much on our part.

To be honest, if you are a regular gambler, risk and greed are present one way or another. Meaning, you risk some huge amount because there is greed in you that's irresistible, and the only way to make it possible is by betting above your comfort zone at some point. But if you want to play safe, just gamble an amount that you can afford to lose, you still  have your greed but you know how to control it.

Crazy risk and gamble.  But yeah I see those crazy parlay slips that are like 13 or 14 leg and down to 1 game.  It would be tough to not cash out and just cut your losses.  But I guess everyone has a price and everyone has a level of risk they are willing to take.  Guaranteed money is tough to turn down for me.

Some people are patient to see their bets out to the end, while some people are not, do what you are comfortable with, you do not need to follow what others do. If you are comfortable with cashing out what you have won, you do so, but if you have it in you to wait, then wait. It is not always greed, sometimes it is believe!