Topic: Greed or risk - page 9. (Read 2864 times)

That's why we have to think clearly before making a decision and not rush because a decision made in a hurry could pose a bigger risk that we might miss. By knowing all the problems we face and with calm thinking, we can see the risks of each decision we make. We can also see which decision might be the best of all the existing decisions so that we can reduce the risk.

And if the decision to continue gambling is because we have experienced a lot of losses and it causes our emotions to increase, it will only make it difficult for us to control, which can cause us to experience more losses. So we should rest first before deciding to continue gambling while thinking about what will happen if we experience more and more losses.

Yes, a wise gambler can definitely control himself and will immediately stop if the situation makes it impossible for him to continue gambling. Placing bets in gambling also requires considering the budget we have, and we also don't need to place bets that are too high if they will only result in a big loss in one round. We should reduce the bet amount to the minimum bet so that the money in our gambling account balance will not immediately decrease a lot and we can also gamble for some time. We must be able to manage our gambling expenses because we are responsible for all the money we deposit for gambling.

Those things are part of gambling, because you need to experience them some times for you to learn a lesson not to make such decision like that when you are winning than to exercise patience to see outcome of the results. Greedy can cause so many things when you are looking for big money to start a business or organize a big party for your Birthday, it can make someone to do such a thing that will make people to think if the person is mad to took such decision because even mad man can do cash out without seeking help from other people.

My own advice to other gamblers, don't be greedy when you get to some point like this in your bet because opportunity comes but once and, if you miss it other people will learn from your mistakes to achieve their goal in the future.

I wouldn't call that greed but I would call it confidence. The guy was confident that the side he had chosen would win the game and that's why he didn't want to cash out his bet when the side was ahead, and he had already decided that he was ready to lose the amount if the side he had chosen loses but since it was winning, he didn't want to settle with a lower outcome. I don't see anything wrong in that and I wouldn't call it greed, it's risk and confidence.

A lot of sports bettors wouldn't cash out at such times when they see their team is winning the game already and if there isn't a lot of time left in the game to finish, it's not even that much of a risk because the losing side will barely be able to equalize the game at the last few minutes unless the gambler is extremely unlucky.

But this is the other way of gambling once they put a bet then they will win  for sure they will withdraw it immediately cause they will know that in the world of gambling there's no assurance that once you won your money will be safe but in reality once we won and didn't cash it out then there are many possible outcomes and one of that is to be a losser. But anyways e
Wise gamblers can control and will stop immediately once  they won.

Whenever we settle to take any risk in life,  we tend to make it or lose it and for such we have to accept whatever outcome that may come from our taking the risk at some point and much more also check the level of the risk and what we may be faced with if it didn't go our ways,  because the problem with risk is that,  taking risk is not the entire problem,  but having the calculation to take the risk based on that calculation which places us in a better position ns that is what risk should be all about and how it works for us.

But any risk that is taken,  which decisions are based on greed,  emotions and overzealousness is not worth taking at all,  because several times, such risks have led to multiple losses before.

That means he is ready to take the risk. Whatever the outcome, he can accept it well and not mind it. He dared to take the risk, so he waited patiently even though we knew it was a very long wait for the match to finish. Each of us has considerations about whether to cash out or still want to wait until the match is over. But seeing such a large amount of money can make people worried if they choose to wait because the game situation can change suddenly and make them lose. And that makes people who don't want to lose the opportunity to cash it out choose to cash it out. After all, they bet with a small amount of money and now they have seen the results of a lot of money so they think there is no need to be greedy to want bigger results.

I start from the fact that at all times things are put at risk and we are all in constant risk and decisions, that's what life is about, for that reason we are people who at the moment of doing anything in the casino, because we base ourselves in that whenever we make any movement in the game it is a risk, so this can be divided into several things such as what other people can do within the game who have played and won a lot, so in this order of ideas we are people who at the same time When it comes to making bets, no matter how minimal we are, we are assuming a risk, and that risk has the sole potential of losing or winning, in this order of ideas things can happen so that it can generate any type of risk, so when we see that in The casino requires us to have good risk management because it is logical that things can be done more carried out or focused on having a better way of doing things in the casino.

Sometimes the risk is what we owe and we Know that when we are assuming risk, avarice, greed is very easy to determine, because when we are in the middle of the game, things can be quite obvious at the time of playing, if we go We won, and we have a good streak, in the first loss we must withdraw, because if we continue Playing it is very likely that we will lose and lose everything, that is something that can happen there is no doubt about it, so for that reason we have to do As much as possible to control our money, our greed , we are satisfied with the profits we have, it is good to withdraw, because if we withdraw we can guarantee that our profits are ready, it is better to Withdraw and enjoy what we have earned than to risk it and possibly lose. But if the person does not have the control to be able to resist losses, that is what happens to many people, so to avoid this, the necessary measures must be taken to Avoid all this.

Lucky enough, I just checked the match and came to realise that  Real Madrid did actually won the match as predicted in the game above, which means the person who staked this game did actually won. Because from what I could get from the source was that the match was at first playing draw at 90minutes (i.e  Barcelona 1 - 1 Real Madrid), only for Real Madrid to score an extra goal at 92 minutes into the game.

However, both risk and greed are two different concept, as while greed applies to the ability of one of trying to lose a penny, risk on the other hand is the ability for one to be able to to risk out lose or gain a certain amount

The greedy was the outcome of the loss in the gambling in the continuous way,the loss in the gambling in continuous was not the big one.Because the gambling based on algorithm and luck.The gambler should their tactics for the game,but the making for the hard algorithm was not the easy one.Honestly the gambling site will allow you to win,but making the tactics for algorithm need more then a month.So the gambler should play the trail match before making the use of real money.All the gambling site will have the demo play which was used by the experienced player to tackle the algorithm.The gambler who was new to the gambling will made the blunder of using the real money to the site to find the algorithm of the gambling site.So gambler are not forced to get greedy for the loss regain strategy into the gambling iste.

Greed is something that we have to over come but even at that, greed also have it own advantage just like in this situation where the game end up winning and this shows that the friend already have his mind made up to welcome anything that may come from his risk and was ready to wait to the end of the match and this ended in his favor.
But if i may be the one, I will cash out at that point since the presently available cash out is up to 90% of my expected winning from the 2.70 odds accumulator of the bet, but then this is his call and he has to answer and he is lucky to have won the bet regardless and taking home the 100% winning.

Which in the end returns to each to make a decision whether you will pull it or continue the game, do not debate except the money used for gambling belongs to both of you, in this context the situation is different and need further discussion.

I personally depend on the desire to return to the situation, whether I want to keep playing or not, with any money that has been won, in several times my experience at such a moment, relative, sometimes I play until it runs out sometimes I pull it to buy some drinks, And or can also wait for the soccer match that I am waiting for in order to follow a bet with a big margin.

Named greedy or the risk I think is not the case because maybe the situation affects the way of making decisions, not just because of ambition.

Sometimes the best step we can take is to be as decisive as possible, and if a person thinks they are gambling more than what they can afford then they need to stop immediately, now this does not need to be a permanent decision, however people should stop for long enough so they can see what they have being doing wrong and correct their behavior, because if they do not do this then they could easily enter a dynamic for which it can be difficult for them to adjust their behavior and avoid losing so much money.

On such situation then we would really be having that different approach when it comes to certain conditions on which it would really be neither you would really be that continuing or would be completely stopping
on the time that you do see that you could already be able to secure things but if you do want to risk even further then it would really be your choice because risk taking would really be that just that
basing up on how much risks you could really be able to put up. Some does have that kind of control and some could really just that able to forget on what are the things that needs to be done.
You cant really be able to reassess whether it would really be that something worth or not.

You cant really be able to tell whether it would really be thata good decision or not because results or outcomes would really be telling you if you had made out the right decision or not.
We wont really be able to know on what are the things if we wont really be that taking up such step because we do know that there are ones who could
really be able to take up the risks and there are ones who cant really be able to bare it out.

Apart from setting a limit. The most effective solution would be to stop. It can be for temporary or permanently if you are willing to replace gambling with some thing or activity which you think much better that you can benefit on it more than gambling.

To have a limit only has a draw back in terms of winning because some wins will come out later in the game but there are still times that they can come out early. Once we saw them, we should not think twice anymore but secure them immediately than lose them and regret. Not only that but it can also cause us to be greedy and lose more of our personal money. To have a comeback is still possible but the chance is always slim so it's not recommended.

 
It's best to always learn how to manage your risk when gambling. Certain things, I refer to as greediness rather than risk. It could only be a very tiny sum that is used to put the bet. It doesn't really make sense to me that you had the option to cash out that amount but chose not to. Don’t be surprise that the player will lose the bet and regret not cashing out when he had the chance. I know it's good to take risk, because if you can't, you won't succeed, but we also need to learn to be content with what we have because things won't always go as planned.


Sure, you will find it difficult to cash out because you will have the belief that if you leave it, you will be able to win complete money, but things don't always go as planned, so we don’t have to be greedy. If we are in a scenario, am sure just a few people will have the mindset of cashing out, others will want to leave it because they will have the belief to win all the bets.

Your assessment of gambling's duality is correct. Big triumphs might lead to huge losses due to chance and passion. The human mindset is crucial. It's tempting to want big wins quickly, but it's dangerous. This temptation causes financial and mental suffering for many gamblers. Hope and despair fuel the dangerous cycle of chasing losses

A few smart gamblers have a different perspective. They know when to stop. They pay out after a win since ongoing success is rare in such a turbulent climate. This methodical technique shows a deep awareness of gambling's unpredictability. They risk with a clear mind and realistic outlook. This method reduces risk, demonstrating ethical gambling

Exactly, it's a common cycle for someone who has entered the addiction phase, and dissatisfaction with the results they get is the starting point for greed, I think it's a common thing that every gambler and especially those who are addicted will experience. That's really a mindset and action that is not recommended, because obviously with greed it means as you said that they will take a much higher risk and also with the high level of pressure that they will feel. Besides, there is no certainty that you will be able to win a bigger amount again, because gambling is always random and with that, the final result cannot be predicted at all. But yes, if you are betting on bets that are based on skills and knowledge such as sports betting then yes you can increase the chances of winning with the skills you have as long as your methods and knowledge are really mature in the sport.

But yes on the other hand even though skills can increase your chances of winning still for the final result it will still refer to a fortune, so skills can indeed help but not completely, therefore we still have to bring a lot of restrictions, it becomes a strong reason so that we do not overdo it.

Well it turned out good for whoever made the bet, it’s not a bet I would have placed though. It all depends on personal circumstances, can he afford to lose that much money if Barcelona would have won or the match was a draw. If he can afford that potential loss then the bet isn’t a problem.

I just think the odds of less than 3/1 is too much of a risk because that game could easily have gone wrong for him. Barcelona are a good team, on any other day they could have at least drawn.

I’m not here to judge anybody though, we don’t know the bettors personal circumstances and if he is wealthy. Always gamble responsibly, don’t bet with more than you can afford to lose.

If you can be on the safer side rather than the place where risk is high, though there's no control when greed comes out of you and allure
you to seek out more, most of the time instead of being content with your winnings you ask for more.

And there's where the trick of gambling catches you up and leaves you without any help, your own decision making brings you to the losing side instead
of getting something and enjoying it.

By deciding to push and aim for bigger earnings, it depends on what the outcome might be and how well you know the game that you are betting on.

Yes, that's true, greed sometimes arises when they are not satisfied with the winnings they have obtained so they take various high risks to achieve bigger profits. Football betting like in the picture OP posted can indeed give big profits if we can predict it. and analyze it properly first, but sports betting also has a high risk because the predictions are not completely correct.
therefore don't overdo it when we bet, It's okay to think about profits, but we also have to think about the risks and remain careful in betting so that we don't experience significant losses.