Higher and lower risks in gambling is the gamblers choice. - page 3.

Quidat

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Quote from: moneystery on January 20, 2024, 12:12:51 PM

from the start, gamblers are faced with a choice when they gamble, whether they will take bets with lower or higher risks. in this case, gamblers must be able to choose which games they are suited to and how much money they are willing to lose. because in gambling it is uncertain whether a person can win or not, so gamblers must clearly determine whether they can take a gamble with a greater risk or not.

and gamblers also need to know that managing risk is quite difficult because it is not only related to how much risk is taken, but it is related to responsible gambling practices. when they take the wrong approach to it, it is expected that this will affect the financial or psychological condition of the gambler.

Its up all to you on how much you would really be that willing to spend on, on the time that you would really be that doing or putting up such risks on which it would really be that so impossible that you wont really be considering out or able to make yourself aware on what are the probabilities of things that could happen along the way. Your common sense and will really be the main thing that
what makes you that be wary on whats happening around on which it is really just that normal or typical. When dealing up with gambling then it would really be just that typical or normal that you would really be that facing up those risks on the time you do step your foot into this place then expect that loses and winning would really be the only thing that you would be
able to face on.

Dewi Aries

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Quote from: Dimitri94 on January 20, 2024, 10:08:57 AM

Quote from: Ultegra134 on January 20, 2024, 09:53:59 AM

I'm not an often sports gambler, I'll bet when I see a decent opportunity, with low openings for error. There's no guaranteed bet for sure, but I prefer going for safer options, betting for the teams I deem as superior and more likely to win.

Personally, I believe that the lower the risk isn't necessarily the best technique. For instance, in the crash game, withdrawing at x1.10 multiplier is far worse than winning a few games with larger multipliers. A win with a 2x multiplier will outperform multiple wins at 1.10x, and it's something I've experienced myself. The risk is actually much lower aiming for 2x.

Agree with you that taking low risk is not a good gambling strategy. For those who want to enjoy gambling and earn profit from it, there is definitely no alternative to take risk. At the beginning of gambling I thought I could gradually increase my bankroll by taking less risk but that was wrong because after I won a few matches in a row with low skate bets, when I lost a match I lost all my winnings and I had additional losses. If one likes to bet he must take risks. I research before taking a bet and then take the risk. If I lose, I don't regret it because I assume that I will lose there.

Your statements and ideas advise gamblers to take much bigger risks in order to win big, I would ask if that will really pay off? we have to agree that gambling is about the chance of winning and the risk of losing where there is never any certainty about the final result, and if you put a large amount of money with the aim of getting a big win then what if it turns out that at the end of the session you lose, isn't the amount of the loss much higher? bigger than you put in a small amount? Obviously this is a possibility that could happen at any time.

Therefore there is absolutely no other best advice apart from always using a small budget amount or essentially an amount that you can afford to be responsible for losing at the end of the session, gambling is not a place to make money because there is absolutely no certainty or guarantee of being able to win, even if you Having good enough skills and knowledge, there is still an element of loss in gambling if luck doesn't come at the same time, therefore prevention is always the best thing than cure.

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Quote from: Dimitri94 on January 20, 2024, 10:08:57 AM

Quote from: Ultegra134 on January 20, 2024, 09:53:59 AM

I'm not an often sports gambler, I'll bet when I see a decent opportunity, with low openings for error. There's no guaranteed bet for sure, but I prefer going for safer options, betting for the teams I deem as superior and more likely to win.

Personally, I believe that the lower the risk isn't necessarily the best technique. For instance, in the crash game, withdrawing at x1.10 multiplier is far worse than winning a few games with larger multipliers. A win with a 2x multiplier will outperform multiple wins at 1.10x, and it's something I've experienced myself. The risk is actually much lower aiming for 2x.

Agree with you that taking low risk is not a good gambling strategy. For those who want to enjoy gambling and earn profit from it, there is definitely no alternative to take risk. At the beginning of gambling I thought I could gradually increase my bankroll by taking less risk but that was wrong because after I won a few matches in a row with low skate bets, when I lost a match I lost all my winnings and I had additional losses. If one likes to bet he must take risks. I research before taking a bet and then take the risk. If I lose, I don't regret it because I assume that I will lose there.

If they are gambling to make money, they will probably take bigger risks because it corresponds to their expected results. But they have to be able to accept the result if they lose, and many gamblers are not ready to accept the result. They want big winnings, but they are not ready for the risks, which makes people frustrated and stressed to see the reality. When they have lost in a row, they should already know that it is time to stop gambling and will not continue gambling, whatever the risks. But even though people cannot accept the results, they will continue gambling another day, so whatever the risks, they will continue gambling. They should be able to try to reduce the risk so they don't have to grieve for a long time.

moneystery

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from the start, gamblers are faced with a choice when they gamble, whether they will take bets with lower or higher risks. in this case, gamblers must be able to choose which games they are suited to and how much money they are willing to lose. because in gambling it is uncertain whether a person can win or not, so gamblers must clearly determine whether they can take a gamble with a greater risk or not.

and gamblers also need to know that managing risk is quite difficult because it is not only related to how much risk is taken, but it is related to responsible gambling practices. when they take the wrong approach to it, it is expected that this will affect the financial or psychological condition of the gambler.

Ultegra134

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Quote from: Dimitri94 on January 20, 2024, 10:08:57 AM

Agree with you that taking low risk is not a good gambling strategy. For those who want to enjoy gambling and earn profit from it, there is definitely no alternative to take risk. At the beginning of gambling I thought I could gradually increase my bankroll by taking less risk but that was wrong because after I won a few matches in a row with low skate bets, when I lost a match I lost all my winnings and I had additional losses. If one likes to bet he must take risks. I research before taking a bet and then take the risk. If I lose, I don't regret it because I assume that I will lose there.

I had the same mentality when I started playing Crash. I believed that playing a large number of games and cashing out fast would slowly build my bankroll. I soon realized that it was false after losing all my deposited balance. I'd need 10 bets with a 1.10x multiplier to come up with the same results a single bet with a 2x multiplier would achieve. It's far more likely to lose money within 10 bets than a single one. You'll eventually lose more money than you'll actually win, and it's a lot harder to recoup your losses.

EarnOnVictor

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It all goes hand-in-hand, the risk and the reward attached to it, the house is not foolish, they know how to permutate and combinate it together so that the tough choices would be presented to you in the form of the odds and the risk involved so that you are confused. But this should not still cause issues as, I for one, will never go for the risk that is too high and not feasible to win, especially in football. I know how I play my thing and avoid most games if necessary when the choice is attached to too many risks. At the same time, it is not that bad, the risk could be well-sized and many of them are fairly concluded in a way that will be good for the gambler and the house.

After all, it risks we are taking as we gamble, we should learn how to take them, but reasonably, and when it is too high and unreasonable for us, it is not a must that we go for that betting, we can skip to the next one or wait till a fair and more reasonable one is presented to us. It is the house that is calling the shot, but we are also not forced, so let us make a carefully weighed and correct decisions.

Dimitri94

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Quote from: Ultegra134 on January 20, 2024, 09:53:59 AM

I'm not an often sports gambler, I'll bet when I see a decent opportunity, with low openings for error. There's no guaranteed bet for sure, but I prefer going for safer options, betting for the teams I deem as superior and more likely to win.

Personally, I believe that the lower the risk isn't necessarily the best technique. For instance, in the crash game, withdrawing at x1.10 multiplier is far worse than winning a few games with larger multipliers. A win with a 2x multiplier will outperform multiple wins at 1.10x, and it's something I've experienced myself. The risk is actually much lower aiming for 2x.

Agree with you that taking low risk is not a good gambling strategy. For those who want to enjoy gambling and earn profit from it, there is definitely no alternative to take risk. At the beginning of gambling I thought I could gradually increase my bankroll by taking less risk but that was wrong because after I won a few matches in a row with low skate bets, when I lost a match I lost all my winnings and I had additional losses. If one likes to bet he must take risks. I research before taking a bet and then take the risk. If I lose, I don't regret it because I assume that I will lose there.

Hispo

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Well, I mean... It is obvious that thanks to the technological innovation we see nowadays and because of the ways online casino work, it is possible for us as gamblers to control the amount of risk we want to take. It is easier now than ever to manage risk as much as it is comfortable to us. Though, risk management does not mean we son't end up having very unfortunate losses or very regretful wins.
It is almost obvious, but it is something many people who are new to the world of gambling kind of ignores at first:

Even though we are supposed to balance the risk as you explained with that basic example, they will be people who put a high stake on a risky match and put a small stakes in a very "safe" match. The first scenario will lead to a catastrophic loss of money to the gambler while the second one is likely to get regretful wins, when the gambler wished to have bet more in their prediction.

The catastrophic loss will then be translated into the need to chase those losses, while the regretful winnings will encourage the gambler to take more risks. That is why one needs to set one's risk tolerance from the beginning before putting one's bets on the table.

Ultegra134

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I'm not an often sports gambler, I'll bet when I see a decent opportunity, with low openings for error. There's no guaranteed bet for sure, but I prefer going for safer options, betting for the teams I deem as superior and more likely to win.

Personally, I believe that the lower the risk isn't necessarily the best technique. For instance, in the crash game, withdrawing at x1.10 multiplier is far worse than winning a few games with larger multipliers. A win with a 2x multiplier will outperform multiple wins at 1.10x, and it's something I've experienced myself. The risk is actually much lower aiming for 2x.

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Quote from: EluguHcman on January 17, 2024, 01:25:26 AM

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.

This is all about you either faces your fears and ready to accept what it brings or you withdraws from your fears and minimizes the threats outcomes.

I think this is a very important concept that every gambler should remind himself about. Risk and payout always go hand in hand. The higher the risk we take, the higher would be our payout if we manage to win, but with higher risk our chances of winning go down. For me roulette was the perfect game to learn about this relationship. For people who don't like to take too high risks they can bet on red/black or odd/even. Whereas people who feel more lucky can bet in rows of numbers and the highest payout you get by betting on a single number. Every gambler can place the bet which he likes the most and finds best suited to his risk profile. Personally, I am one of the red/black gamblers that like to use a martingale approach, but I also have a friend that bets on 0. It's the only bet he ever does on roulette and somehow he managed to win quite a lot. It's all about what gives us the most fun and makes us comfortable.

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Quote from: EluguHcman on January 17, 2024, 01:25:26 AM

I don't know if everyone is aware of this that the more risks you takes on your predictions is the more higher the game odds, and this set of gambling demands lower stakes due to the chances to win is extremely high. Strategically, you are trying to safe your funds from some sort of impossible winning because it is obvious that you are daring the game with such high risks.

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.

I do agree that it is not a nice thing and it does provide you with a lot of trouble when you are not careful but you should do it anyway. I am not saying that you should not be careful about it or anything like that, do what makes you feel comfortable of course but there IS a wrong way to gamble, it is not all personal preference.

Low risk or high risk, it's the reward that matters. If you are getting into something high risk, but the reward is low, then there is no reason why you should be taking a high risk for a small return, THAT is a wrong way to gamble, and at the same time, even when you are gambling low risk ,betting everything you have is still not true, you could still lose, might be low risk, but still it is not zero risk.

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Quote from: AmoreJaz on January 19, 2024, 05:47:52 PM

if you are playing within your limits, you won't have any trouble in terms of your financials. it is easy to say but i can understand that if you are already playing, in some instances, it is hard to stop and so your desire to play and play is always there.

Finances are one of the main factors why gamblers can always stay on gambling sites for longer, gambling has the effect of dependence or high curiosity and when there is adequate financial support, they will always add time to gamble for longer.
So far only few gamblers can apply restrictions on money and time management, most gamblers will continue to bet until they really feel painful disappointments such as losing streaks and running out of money in their balance.

Quote

the preference when it comes to betting depends on a case-to-case basis and the following factors may have a role to play -
> passion towards the sports
> teams / athletes involved
> current performance
> odds available from bookies
> waiting time
> amount you can afford to bet

A series of important roles in sports betting, you write down factor that is generally always used by gamblers to be able to place bets well.
But that is not guarantee because when surprise or luck occurs, the underdog team will win the match and of course some of these factors will not have an effect on increasing the chances of winning.
One of the most feasible and mandatory things to do is to be able to bet with an amount that can afford and can accept when lose.

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Quote from: arjunmujay on January 19, 2024, 07:27:34 PM

That's right, everyone has their own game character. for myself, I prefer games that have low risk. it can't give a big profit in a short time. but by choosing that way of playing, I am more able to control myself and control finances so that everything is stable. the profit for me is only the result of hard work spending time in the game, not taking greedy profits at one time.

This gambling game can provide low risk depending on how the gambler wants to play it. By using low betting money and always limiting the time you play gambling, you can also provide low risk to gamblers so they will not experience big losses. By limiting their time and money, they can enjoy gambling games and can also control their finances and themselves well so that they can use gambling as entertainment. That's all that is important for gamblers to do so that they don't gamble excessively. Getting a win from gambling will not be expected by the gambler because they come to the casino just wanting to spend their free time mindlessly chasing wins. After all, for them, winning is just a bonus for them.

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Quote from: EluguHcman on January 17, 2024, 01:25:26 AM

I don't know if everyone is aware of this that the more risks you takes on your predictions is the more higher the game odds, and this set of gambling demands lower stakes due to the chances to win is extremely high. Strategically, you are trying to safe your funds from some sort of impossible winning because it is obvious that you are daring the game with such high risks.

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.

This is all about you either faces your fears and ready to accept what it brings or you withdraws from your fears and minimizes the threats outcomes.

Not just in gambling but also in any financial application or investment.

Please don't confuse, even though I mentioned both, I don't want you to think that gambling and financial applications are the same thing. However, when we talk about risk and probabilities of gains, everything is very related.

If you want to make a low-risk investment, you will choose a bank that has a safe investment, but the return on it will be very small. On the other hand, if you bet on the stock market you will be taking a much greater risk but you will have a much greater chance of making money, or losing it.

In games of chance it's the same thing, but there's something that works against you... statistically, the odds of winning will always be against you. So, if you are going to do a high-risk opposite, know that the probability of losing money is much greater than the probability of winning.

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Quote from: Heartilly on January 19, 2024, 06:37:08 PM

Quote from: EluguHcman on January 17, 2024, 01:25:26 AM

I don't know if everyone is aware of this that the more risks you takes on your predictions is the more higher the game odds, and this set of gambling demands lower stakes due to the chances to win is extremely high. Strategically, you are trying to safe your funds from some sort of impossible winning because it is obvious that you are daring the game with such high risks.

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.

When we choose to take high risks, the high profit in return is waiting for us but it's not easy to win.

When we choose to take low risks, we can have a good amount of profit in return and if we keep it like that, we will feel a consistent profit in the long run.

To summarize this, high risks might be a shortcut for us to have a good or possibly, huge win while low risk will take time to feel how good our profit is. Choose the risks based on what suits us. On which is being comfortable to do with should also be consider.

That's right, everyone has their own game character. for myself, I prefer games that have low risk. it can't give a big profit in a short time. but by choosing that way of playing, I am more able to control myself and control finances so that everything is stable. the profit for me is only the result of hard work spending time in the game, not taking greedy profits at one time.

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It doesn't matter when you bet on games that you like. It's either you take the bet against your favorite team because the odds are better.

Or you just fully support them by simple betting with them regardless of the odds that the bookies show. The choice is on us and that's right but if you're for the money, there's no favoritism by that time.

Because what matters to you is you just want to win that money and even if you're a die hard fan, the team or players that you like won't be able to feed you or they will be able to feed you by their game and with your bet. Grin

Heartilly

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Quote from: EluguHcman on January 17, 2024, 01:25:26 AM

I don't know if everyone is aware of this that the more risks you takes on your predictions is the more higher the game odds, and this set of gambling demands lower stakes due to the chances to win is extremely high. Strategically, you are trying to safe your funds from some sort of impossible winning because it is obvious that you are daring the game with such high risks.

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.

When we choose to take high risks, the high profit in return is waiting for us but it's not easy to win.

When we choose to take low risks, we can have a good amount of profit in return and if we keep it like that, we will feel a consistent profit in the long run.

To summarize this, high risks might be a shortcut for us to have a good or possibly, huge win while low risk will take time to feel how good our profit is. Choose the risks based on what suits us. On which is being comfortable to do with should also be consider.

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Quote from: Kelvinid on January 19, 2024, 03:32:44 PM

It is a gambler's choice indeed and as we can see, most gamblers had a choice to take more risk due to the tempting huge rewards. It is a common mentality in a person who believes that if they get lucky, they will become instantly rich. Just to point out how the lottery attracts bettors and despite the small chances of winning, they still choose this. That is how money can manipulate one's mind and even poor people still have the guts to spend their hard-earned money hoping for fortune.

The gambler who want to get more rewards should need to do the exact risk for it,the risk most of the time will make you feel like lose everything.It may be happen if the gambler used the random betting in the gambling site.The important one is the gambler should not play the game in the half sleep or when he had some drugs.Because both of this option will made the gamblers to loss everything in the game.Instead they can wait for the good mindset to play the game.The gambler should avoid the alter ego against the gambling site,because the gambling site had the algorithm which change with specific time interval.

AmoreJaz

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Quote from: iv4n on January 19, 2024, 04:20:05 PM

Quote from: EluguHcman on January 17, 2024, 01:25:26 AM

This is all about you either faces your fears and ready to accept what it brings or you withdraws from your fears and minimizes the threats outcomes.

Responsible gambling means that you gamble only with money you can afford to lose. So when you make a deposit you need to relax and enjoy playing, if you are comfortable with low odds and big bets do it, and if you prefer low stakes on high odds feel free and brave to try it. I guess the point is in having fun while risking and trying to make more, whatever games/stakes/odds you prefer... nobody can tell you the outcome, it's on us to try it and take a risk and accept the results whatever they may be. But either way, if you risk just what you can afford to lose you will feel a lot more comfortable while playing and in case you lose.

if you are playing within your limits, you won't have any trouble in terms of your financials. it is easy to say but i can understand that if you are already playing, in some instances, it is hard to stop and so your desire to play and play is always there.

the preference when it comes to betting depends on a case-to-case basis and the following factors may have a role to play -
> passion towards the sports
> teams / athletes involved
> current performance
> odds available from bookies
> waiting time
> amount you can afford to bet

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Quote from: EluguHcman on January 17, 2024, 01:25:26 AM

I don't know if everyone is aware of this that the more risks you takes on your predictions is the more higher the game odds, and this set of gambling demands lower stakes due to the chances to win is extremely high. Strategically, you are trying to safe your funds from some sort of impossible winning because it is obvious that you are daring the game with such high risks.

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.

This is all about you either faces your fears and ready to accept what it brings or you withdraws from your fears and minimizes the threats outcomes.

As the famous saying in investment-related discussions, high risks yield high rewards. The same idea of taking low risks will only yield not that much but a sure and consisten one. In gambling, the gambler needs to analyze what category they should put themselves in. It's fine to take high risks but always be cautious as that might be the reason for the bankroll to easily busted.

High odds in sports betting, for example, are applied that high by bookies and odds providers because the chance of hitting it is kinda low.

Topic: Higher and lower risks in gambling is the gamblers choice. - page 3. (Read 958 times)