Topic: Greed or risk - page 19. (Read 2870 times)

Maybe there is something I am missing here, or not seeing, or maybe I am just plainly confused, somebody should please correct me just incase I am wrong..

I am not seeing where the cash out amount is written on this bet ticket, what I can see on this ticket is the Stake amount, which is 1,000,000. And then the pot. Win, which means potential winning amount, which is 2,730,000 . Where is the cash out amount written please?

I hope op is not referring/taking the Potential winning amount, as the cashout amount???

When it comes to gambling, a gambler is expected to be greedy in his decisions sometimes to be able to win big but one thing to be considered is if he'll be able to afford the effects of his greed when it doesn't go his way.
It's is the ability to take risks when necessary that makes one a true gambler. So wether greedy or not, the goal is to win at the end of the day

yes mate , that is the best action in this situation specially that we are not that rich to risk more , let those addicted gambler do that but we that have a great understanding about money? lets not to the same.
and hoping that the one who had that picture do the same , to save his good amount risking and crying after that result .
gambling is not for all the time ,  we have a limit in luck access so when you already have this then better to get out .

different people must have different opinions, some say that it is greed, some say it's a matter of risk. but i have the view that it is a risk. he took the risk of gambling the amount of money and hoped that he got the reward. maybe he has his own analysis and believes that he can win the bet. moreover, he seemed confident that the team he held could win so he did not hesitate that gamble of that much money.

It is the psychology of a greedy person becoming even greedier because of the opportunity to get money. Therefore, he runs the risk of losing his personal money. The casino is never at a loss, so all this psychological things have long been well calculated mathematically. Winning is much less common than losing.

Was your friend the one who placed the bet? It was greed if your friend didn't immediately cash it in because after all, your friend has already earned that much money and he still wants more. He would be truly lucky if he could win it to the end. But if not, he will only regret it because he has wasted this golden opportunity. He may not get such great results another day because that golden opportunity might rarely come his way again. If that happens to us, we should immediately cash out rather than wait until the end, where there is no guarantee we can win. But that's up to him because it's his money and we don't have any responsibility to him.

Well, the image shows that your friend takes the risk. We can't say that it is greedy, as shown he is that your friend bet a huge amount of money and if it was really his bet, then he earned a lot of profit, which is a good thing. As they say big risk means big profit, he takes the risk maybe because he's so sure about his bet. I'm sure your friend is not dumped to go into a bet where he will be in a bad situation. If so, then that's what we call greedy or, let's say, an irresponsible gambler. Imagine betting that huge amount of money on a bet. You are not sure if it will be on your side. That's too much risk. I'm like your friend if I'm sure about the bet I will too take the risk because why not, if I'm really sure about the odds then take it.

It's greed, if it's me I would have cash out and enjoy my win, I don't know why people go extra lent on something that they don't sweat on, this is free money we are talking about, the fact is nothing is free and that's why gambling seems hard, because we are all chasing free money, this isn't going to come easily compare to chasing life goals through hard working, this is why many gamblers always lose, because they are chasing free money.

Even after they win they still believe there is more, I don't know where they get their minds, hoping from something they break no single sweat on, when free money comes you take it with no complains, been greedy on free money is the most stupid thing anyone can do.

He is lucky this time but I am sure with the mindset he carries around he will be in trouble sooner or later, this method ain't going to last for him, he is a good example of a greedy gambler, they always learn after everything that's related to their gambling strategy goes against them.

It's not always about greed, someone who can afford to take the risk would obviously do it if they wouldn't be bothered much even if they lose the bet after not cashing out. It all depends on the mindset and the financial situation of the person who has made the bet, someone who doesn't have a lot of money and has used everything they had on the bet and is getting a good return would probably cash out before it's too late, but someone who knows that they can afford to take the risk and they might get a higher reward wouldn't do it, of course.

So, we shouldn't really judge people like that, whatever we think, we should keep it to ourselves since everyone has their own perspective for seeing things, and everyone has different situations and conditions in their lives that may differ from ours and we might be judging them based on what we are going through or thinking about.

Thing is, it's great and all to lock in your wins and earn your keep, but there are people who gamble for the thrill of it and not for the profit. Do we persecute them for making risky choices out of the fact that they are driven by the excitement that these types of games bring to them? I don't think so. Sometimes "greed" is good, but only if we're doing it in such controlled scenarios wherein you still greed for shit, but not necessarily for the money. Am I making sense lol, I feel like I got off into tangent.

In any case the only thing that matters really when you gamble is that you don't succumb to revenge gambling, once you're able to successfully get over that you're good to go.

Honestly, what should we, you, or gamblers actually debate about in their gambling cases, as is the title of this thread. the question is, what is the essence of the debate you have with your friend? What is certain is that it will only bring justifications for ourselves according to our habits and thought patterns.The point is, every gambler has different habits and also a different mindset.
In this case, the casino only offers the options they give us. there are only two choices, take it, or keep going.
For someone who thinks it is greed, let it be, someone has the right to what they think and even their habits. For those who are confident and have the habit of always waiting for the results until the match is decided, there is nothing wrong with that and it has nothing to do with greed.

But what is clear is that everything we bet on is always related to risk.
Firstly, we are well aware that betting requires money as a medium. Every bet always involves risks involved. Winning and losing are normal things. After all, aren't we well aware of the essence of betting? for anyone cashing in like you said in this post. There is nothing wrong with that, after all it is someone who makes the choice, and all decisions are in the hands of the gambler. However, if it turns out that the results of the match match predictions, someone must be sincere, because he has cashed in first. however, if it is the other way around, someone is lucky to avoid loss. In essence, every choice a person makes is completely theirs. As for the casino, they only offer features to their users.

For me personally, as soon as I make betting options. I won't check it again, let the game run until it's over. If I win, I'm lucky, if I lose, what can I do, it's all part of the risk anyway. the only greed in this case, a gamble that is not ours, we claim it to cash out. then, we ask for a share so that we can get money from the bet. By the way, greed has a broad meaning, depending on how we understand it and respond to it. Regarding risk, this is an inseparable part of gambling. Well, that's my understanding. If you don't agree with what I said, it all depends on our own understanding.

You need money? Be greedy and take that money.

You are not greedy? It's just the same as continuing to risk that whether you gamble that again. Are you confident that you'll be able to get that money again? If not, get it and think that the casino might get it back again from you.

Everyone's mindset is all about gettin that money because that's the goal of everyone who gambles and that's to win and take your money as soon as you get wins.

Whoever played the game knew the risk's involved and must have strong believe in Real Madrid. I also saw the post on Twitter from a punter.
Some years back when Real Madrid played against Juventus during that final, I saw similar high stake. I won't consider this greed no, whoever did was either expecting a win or loss and know what? He had he's profit Yeah?

Why rush for small penny? Lol! Good, though, personally if I did stake such a game, I won't cash out. The money used to stake the game even if lost won't affect me because it'll be easier to replace. I know the risk before jumping in. Congratulations to the punter, most of them showcase this to attract engagement.

  I won’t call this greed, he saw an opportunity and he was willing to take whatever risk that might be the outcome.. In gambling then is always two possible outcomes it’s either you win or you lose. No matter what outcome it may be it left for the person to bear. Everyone has the freedom to do what ever they want to do as long their decision is not affecting others. We should minimize the way we criticize others on their decisions. But then before one will place such amount on a bet he should have done his research on who is favorite to win.
 If the bet wins (which it did ) will you still call it greed ?  No!! rather you will wish why you didn’t play that’s how life is they won’t encourage you when you are starting but when they starts seeing results they will want to clap for you and even follow your footsteps. Without risk they’re are no rewards. But before you take any risk first know if the risk is worth taking and it’s effect it will have on you if it doesn’t go in your favor. Not every risk are worth taking, you just have to use your head in everything you do. That’s just the basic code of life. Your friend saw some potential in the odds and decided to jump on it. He would have probably done his own research in his part to warrant him to play with such amount. It will be all smile for me cause his risk was reward. That’s how it should be when we see opportunity knocking at our door we shouldn’t hesitate to grab it when it’s comes .

This is a dangerous bet and it is only people that have large amount of funds that can bet on this kind of game with huge capital. I don't see this kind of game as a greed since the player is believe to have enough funds to bet on this kind of game. Those who have the fund can bet on something like this with confidence and if they lose, they will have no one to blame. Gambling is more about the risk we are taking and the amount we want to make. If we are okay if the future results, we can go on but if it is the contrary, we can decide to leave it.

You should be careful with this picture "Pot. Win" means Potential Win it doesn't mean cashout value offered. So unless it's a special promotion or a glitch from the app, I don't think your friend was able to cashout his bet @2.73 before the start of the match, and even before its end since the last goal has been scored in the 92nd minute by Jude Bellingham(for Madrid), it was the 1-2 goal which is the final score while Barça scored the first goal of the match in the 6th minute. So I think your friend would have been a surprise if he thought he was able to get that money at that time.

After I read the whole several replies had the same opinion and maybe my opinion would be the same if it wasn't all greed but just trying to prove whether he has the right predictive ability because like me myself when I can cashout the winnings that are already in front of my eyes but the match not finished yet I prefer to keep it out of curiosity to test myself whether my prediction is correct and if it is correct I will have a sense of pride for breaking the record of very correct predictions and in my scenario it is not about the money but about the satisfaction of the achievement that I get.
So it's up to that person because maybe he has goals that we don't know about and maybe it would be better if you didn't argue with him, it would just waste your time.

I wouldn't even try to debate if I'm on that situation. I wouldn't want to be blamed if something happened that is blamable to you. It's his bet, his money and his responsibility. I would probably give him a support and cheer with his decision.

We all have different perspective on a situation like that and if you ask me, I would probably continue until I was satisfied knowing that I will do a research first and be confident with my bet. It's a good opportunity to withdraw but the lust you will experience when your plans that you cancelled won.

When we talk about concepts like Greed and Risk, usually believe they are pretty much together when comes to gambling and investing.
That person felt greedy, so decided to take a risk, that is how it usually works in these kind of scenarios.
Rarely, anyone would feel like taking risks if there is not for the sake of money. Risk does not come in first.


I also generally think it is easier to go all-or-nothing when it is about betting and whether it is money one is willing to lose and let go. There will be people who in the mid time of their betting may feel like going safer and claim a partial win over their wager. Trading is more suitable for doing those kind of calculations, because doing something like cashing out in the middle of a match implies someone was not ready to lose their wager. At least, that is what I think.

Lolz!!! This normal for gamblers. Op your friend is chronic gambler and that is he is an addicted gambler because if the person is not an addicted gambler, he would have a second thought of making the Cash out. Because that is a profit of 1.7m. He might be sure that the complete game will enter and at this stage anything can happen. Though what your friend said is also the truth because as a gambler, you must have that mindset of taking risk but it must be a calculated risk and when the game finally entered then your risk becomes well calculated one and when it cut them you blame yourself for not cashing out. As for me it is a good Cash out. Not everyone will have the liver to keep that cash out to be continued oh. Because the stake is also huge and the Cash out is nice, you are not losing so it is better to Cash out. Though that is risk but it is more of greed.