High Risk, Big Win | Bitcointalksearch.org

Wiwo

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Quote from: Lida93 on March 12, 2023, 05:07:15 AM

In gambling the risk you take determines the volume of the odds giving the amount of money you're to win. While taking a high risk some gamblers makes use of the Martingale betting system where they have to gradually increase their betting power so to recover for a previous loss should they win in the next bet. In this way they believe that despite how many losses they would have made, just one win covers all those losses and more.

This goes to say, even though you want to take a high risk with the intent of making a big win such risk should be followed with a pattern and concept else you might end up sinking huge sum of money to waste. The truth is that even the gambler with the deepest pocket won't find bliss within himself seeing that all his risk ain't yielding any win. Hence the need for a pattern and concept in risk-taking.

If risk have a pattern to be followed to win then it is no longer a risk but skill since risk represent uncertainties but patterns represent set rules.

-So the term risk and pattern can not co-exist, it's ok if we say high risk with luck, but those who have skills in playing certain games do not need luck or risk since there can easily win with their skills even if not all the time.

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Quote from: KaizenJujustsu on March 11, 2023, 09:16:26 PM

Some inexperience gamblers think that they bet big cause they will win big but are they ready for the consequence if ever they lose, things that experience gamblers warn them about lady luck is not always on their side. We bet $1,000 for now and if ever we lose we will lose that $1,000 for now and later on we will bet only $100 to get back that $1,000 do you think that is a smart move? No. We bet big all we have right now if ever we want to win it all, we have $5,000 right now we bet it all now.

Using your entire bankroll at once or dividing it into small bets is, as they say, a personal matter for every athlete, but by betting small amounts you can see in a longer period of time how your affairs are today in terms of possible winnings, maybe today is just not your day and betting everything at once in the hope of a jackpot you all you lose.

Jossque

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There is no harm in taking such a risk depending on the place, but it is out of the question to take such a risk without revealing what it will lose. If what is lost will not cause trouble for you when you start over, it means that I am ready to take this risk. Great risk brings great return, but it is important to remember that it can also be the other way around. I'm willing to take that risk when I bet. For example, when I make a bet of 100 dollars, if I make a profit of 10 thousand dollars according to the risk, this is a big risk for me. Of course, this will vary from person to person, so you may need to adjust your risk according to yourself.

len01

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high risk, big wins, almost all old gamblers understand this. but sometimes a new gambler who has just experienced gambling certainly doesn't know about these risks and new gamblers usually only think about big capital, big results without thinking about all the risks of losing all the budget for gambling.

I used to experience gambling for the first time and never thought like that when I played in live slot games using a small budget and could get 3 or 10x of my budget. after that think if you use a big budget you will also get the same multiplier benefit. but in the end with a big budget I became more careless using bigger bets and used up my balance faster.

so in conclusion using a small budget you will definitely be more careful in every bet and think about how to win. but using a large budget just expecting a big win without thinking about a good way or strategy to get a win.

ethereumhunter

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They can still bet big money if they are ready with the risks involved. And many people still bet big money because they see the opportunity to get a lot of money there, especially those who really believe in the results of their analysis. That is why some people confidently place bets with big money.

But in gambling, big risks don't guarantee big wins. We can experience loss even though we bet a lot of money. And instead of getting a big win, we get a big loss. So don't bet more than you can afford.

RILWAN

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Take for example lottery tickets are bought with the hope of winning the jackpot and no matter how high the stake g price is the eye of the gamblers are fixed on the price and that way os either they win or lose but ultimately the risk will either pay off or end in a casualty.

leonair

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Quote from: KaizenJujustsu on March 11, 2023, 09:16:26 PM

Many gamblers tend to bet high because they think that if they win they win big but how if they lose is it really worth it to lose that much? In the sense of regular people losing a significant sum of money on one day is a defeat already but for gamblers even though they lose a significant sum of money it's alright because if ever they win with a big bet they win big and it also proves that gamblers are risk enjoyer because they bet their life on every bet they make, $100 to $1,000,000 whatever it takes as long they will win big.

Those gamblers who bet at high odds have a huge amount of money and they don't care much about the amount of money they bet and they throw that money away as a loss but if somehow they win the bet they own a huge amount of money. But professional gamblers don't agree to bet at high odds very easily. Most of the time they are interested in taking sure bets. But those who are heavily addicted to gambling are addicted to gambling all the time without thinking about anything. And they gradually lose all their capital and at some point go into debt and start gambling. Which brings a terrible time for them

Lida93

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In gambling the risk you take determines the volume of the odds giving the amount of money you're to win. While taking a high risk some gamblers makes use of the Martingale betting system where they have to gradually increase their betting power so to recover for a previous loss should they win in the next bet. In this way they believe that despite how many losses they would have made, just one win covers all those losses and more.

This goes to say, even though you want to take a high risk with the intent of making a big win such risk should be followed with a pattern and concept else you might end up sinking huge sum of money to waste. The truth is that even the gambler with the deepest pocket won't find bliss within himself seeing that all his risk ain't yielding any win. Hence the need for a pattern and concept in the risk taking.

robelneo

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Quote from: KaizenJujustsu on March 11, 2023, 09:16:26 PM

Some inexperience gamblers think that they bet big cause they will win big but are they ready for the consequence if ever they lose, things that experience gamblers warn them about lady luck is not always on their side. We bet $1,000 for now and if ever we lose we will lose that $1,000 for now and later on we will bet only $100 to get back that $1,000 do you think that is a smart move? No. We bet big all we have right now if ever we want to win it all, we have $5,000 right now we bet it all now.

Based on your post you are calculating loss, winning, and profit, these are all possibilities and assumptions there's no right answer to this you could be right and you could be wrong if we based your bet based on your calculations you can get all your losses and at the same time you can lose everything and the one who advice will get the blame.
Similar things happen to me in the past I just suggested a possibility and when they've lost everything I get the blame, but if you are not going to blame anyone then bet everything for a win or lose everything because the longer you wage the house edge will come to play.
Again this is gambling no one knows the outcome, the only thing we have control of is our acceptance of the results.

aylabadia05

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Quote from: KaizenJujustsu on March 11, 2023, 09:16:26 PM

High Risk, Big Win

The type of gambling that may lead to higher risk of winning big depends on the type of gambling played as well because it is not always true.
If you're looking for the most effective way to get the most out of your home, you've come to the right place.
There is only one type of gambling that does not 100% contain luck but in which there is also the gambler's expertise, namely sportsbook gambling, but do not choose parlay. One mistake, ruin all bets.

Nwada001

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Betting all right now means risking all, which is really not a good decision to make. Gamblers should learn how not to put all their eggs in one basket. I know the higher the stake is, the higher the winning can be, but that shouldn't make one wager what he/she can't afford to lose. There will always be tempting odds at which you as a gambler will want to bet huge amounts with an almost 100% certainty to win. Betting responsibly has saved me money. I don't bet more than I can afford to lose, and once I hit my limit, I stop.

Dr.Bitcoin_Strange

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Unless the person is new to gambling or an addict, a professional gambler will not wager a very high amount that can frighten him or her; they always stake what they can afford to lose. If it's in sports, some casinos always have several options to bet on one game, so assuming a gambler wants to gamble off $1000 just on one game, they can divide it into three parts and gamble on three options just in one game. In sports, the options could be: home to win, away to win, game to end with a draw, away to score one goal, home to score more than two goals, although some casinos or betting sites don't allow those options as it gives gamblers an opportunity to win. Those good gamblers, or should I say rich people, that gamble, no matter what big amount they gamble with, they never gamble off everything they have.

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The choice to bet high or to bet low are based on a persons gambling budget... but some gamblers are irresponsible and they do not bet, based on their budget. They have a "Go big or go home" attitude and that can backfire very quickly, if you cannot afford it.

I gamble for the entertainment value.. so I bet low to extend my gambling time...and secretly hope for the 10 000x multiplier on the small bets. We see a lot of people posting their huge wins, but when you look at their base bets, it is huge! (They never say how many times they lost to get that large win) Roll Eyes

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Quote from: KaizenJujustsu on March 11, 2023, 09:16:26 PM

Until now I have not seen anyone not being sad or be stressed after losing huge amount of money. Friends, casino streamers, name it, still don't know any of them to be happy. Some are calm yes, but most are frustrated.
Discipline is one of the key, but losing much is still stressful regardless of what people will say, unless you really doesn't care about losing money at all.

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Quote from: KaizenJujustsu on March 11, 2023, 09:16:26 PM

Many gamblers tend to bet high because they think that if they win they win big but how if they lose is it really worth it to lose that much? In the sense of regular people losing a significant sum of money on one day is a defeat already but for gamblers even though they lose a significant sum of money it's alright because if ever they win with a big bet they win big and it also proves that gamblers are risk enjoyer because they bet their life on every bet they make, $100 to $1,000,000 whatever it takes as long they will win big.

The multiple of my bet as a potential winning is completely irrelevant to me. I only care about the expected value of an individual bet. If the odds are reasonable, then it's a sensible bet to make. Casino games are all negative EV and there shouldn't be any expectation to win, but for my own preferences I aim to play games with the lowest house edge. Individual wagers set aside, at least I mathematically know what the risks are instead of convincing myself of an unattainable large win that has astronomical odds.

Bet small with better odds. You'll be better off. High risk, high rewards are overrated at the casinos.

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Not all the time having a high-risk game play makes a huge amount of winning still the ideal is having good consistent winning even though it's not a huge amount still consider as a profit, many people think that a higher amount is giving a good profit well actually it happens but not all the time it happens, better to make a good bet if you think the game is ideal to win if don't take a risk too much it's gambling not all players wins the game. Always consider the capability to make a game, if you are a millionaire and can spend tons of money playing there's a chance this can be applicable but if not, I guess its a risk of having a single game to win or not.

paid2

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Quote from: Mr. Magkaisa on March 12, 2023, 01:26:17 AM

- It does not mean that we bet a large amount and we will win a large amount, that is not the concept or system of gambling. Because most of those who bet big lose.

Also, if for example your capital is 1000$ that you will play gambling it is good to start with a 50$-100$ bet whether it is slots or poker or whatever, then when you win 2k$ then you decide who bet 1k$ so that somehow you lose and at least the 1k$ you bet came from what you won, it just seems to break even.

Exactly.

From my point of view, too much risk is only to be taken with money from betting, slots, poker (whatever) that has been earned as benefits. I think that the strategy of moderate risks in the beginning is good, and then to allow yourself to take higher risks in gambling with the profits from these moderate risks profits (if there are profits of course).

If from the beginning you only play and bet money you are willing to lose, a bit like with cryptos the famous "only buy what you can afford to lose", limiting the risks at the beginning could allow you to have more chances to win profit, and thus increase the "free" amount you can then gamble on high risk / high potential reward.

After, we all have our own notion of risks, and some will prefer a multitude of small rewards while others (like me) prefer to lose everything but have life changing amount in case of lucky day

gunhell16

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Maybe if you really bet big, of course you will win big, but if you lose, you will also lose a lot, that's just how gambling is.

Apparently, just because we bet a large amount does not mean that we will immediately win a large amount, of course that is not the case... we still need to be careful and responsible in betting as a gambler in crypto gambling. You know that in this trend there is always an attached risk.

Oshosondy

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Gamble responsibly

The higher the risk of a game the higher the chance of losses, the lower the risk of a game the higher the chance of winning, but this does not translate into winning in real life event if adequate analyses are not used. If going for higher risky games with high amount of money, the chance of losing also increases and this can lead to fast losses of money. I do not recommend high risk games unless the analysis has been done perfectly to know that there is high chance that you can win it.

Quote from: michellee on March 11, 2023, 09:31:45 PM

Yes, that's true. But in gambling, the high risk does not always mean big wins

And if they want to recover from previous losses, it won't be easy because you will experience several defeats before getting a big win. But those big wins are no bigger than your previous losses. So you better not gamble with an amount of money you can't afford to prevent losing a lot.

Most of the time, it means big losses. If you make analyses, you will prefer to go for low risk matches unless you sometimes just use very low amount of money on a high risk game which you think you can win, but this type of games are not common but can happen like that sometimes.

The time of trying to recover from losses is the time gamblers are most prone to more losses, not even advisable for gamblers to chase losses. If they lose, they should stop gambling for that day or even not gambling for 1 week is better.

Quote from: Mr. Magkaisa on March 12, 2023, 01:26:17 AM

- It does not mean that we bet a large amount and we will win a large amount, that is not the concept or system of gambling. Because most of those who bet big lose.

It most probably may mean losing of large amount.

Mr. Magkaisa

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Quote from: KaizenJujustsu on March 11, 2023, 09:16:26 PM

Many gamblers tend to bet high because they think that if they win they win big but how if they lose is it really worth it to lose that much? In the sense of regular people losing a significant sum of money on one day is a defeat already but for gamblers even though they lose a significant sum of money it's alright because if ever they win with a big bet they win big and it also proves that gamblers are risk enjoyer because they bet their life on every bet they make, $100 to $1,000,000 whatever it takes as long they will win big.

Some inexperience gamblers think that they bet big cause they will win big but are they ready for the consequence if ever they lose, things that experience gamblers warn them about lady luck is not always on their side. We bet $1,000 for now and if ever we lose we will lose that $1,000 for now and later on we will bet only $100 to get back that $1,000 do you think that is a smart move? No. We bet big all we have right now if ever we want to win it all, we have $5,000 right now we bet it all now.

- It does not mean that we bet a large amount and we will win a large amount, that is not the concept or system of gambling. Because most of those who bet big lose.

Also, if for example your capital is 1000$ that you will play gambling it is good to start with a 50$-100$ bet whether it is slots or poker or whatever, then when you win 2k$ then you decide who bet 1k$ so that somehow you lose and at least the 1k$ you bet came from what you won, it just seems to break even.

Topic: High Risk, Big Win (Read 200 times)