Higher and lower risks in gambling is the gamblers choice. - page 4.

Fortify

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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.

Theoretically the sweet spot would be in the 1.25-1.75 decimal range, as if you look at football matches for example - these can commonly be weighted towards the winning side. On the lower end of that spectrum, the bookmaker has pretty much defined that it will be a win and it would take a large upset to go the opposite way. Towards the higher range can still be likely to win the bet and it still comes with a very nice reward that almost doubles your money. However don't go too high, as you'll often find some very high odds on horse races for example, but that's because there are often some very far outliers who have a very poor history and are likely to under perform against top contenders.

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Quote from: Docnaster on January 19, 2024, 02:28:30 PM

Quote from: rhomelmabini on January 19, 2024, 10:32:25 AM

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.

Low odds is way more appreciative to win but you'd likely to lose more if your prediction isn't right. If you're talking about sports betting then I will contradict your statement because it's likely a combination of luck and your knowledge towards that sports or player. You may be lucky at some point but knowing the sports, the team or the player, it's sometimes certain if you bet on lower odds.

When it comes to gambling, I've always have that resolve that it's mostly all about luck. The experience and knowledge of a gambler is without doubt important but I'll always gamble with the mindset that luck is the main factor that'll determine my fate in gambling.

Low odds have more winning rate probabilities but when a gambler isn't lucky, there are still chances that he'll still lose his stakes even when he chose low odds. So my advice to gamblers is that they should do whatever works for them wether higher risks or lower risks.

Yeah we have different perspective on it and it's not that wrong if we believe that way. I've been thinking that way when I was new to crypto gambling but got different view when I already tried sports betting because it's really opens new possibilities that you don't have to rely just on pure luck.

Yatsan

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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.

I agree.
Is there any gambler who doesn't know high risk = high reward equation? It is a matter of choosing your own poison. You could go all out and chase for that big win or play it slowly and be satisfied with small amounts. Second option is obviously more sustainable in the long run; not all gamblers could lose that much just to gain profit. On my end, I prefer playing things with high regard of risk. I tend to limit the amount I gamble and amount I can afford losing. I also do cut profit and loss easily by setting my expectations lower than with of the majority. Either of these two gambling approach is valid and will solely depend on gambler's tolerance of gambling itself and in general. Problem is with gamblers who are so hopeful of things which even gives the idea that things can be won easily.

iv4n

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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.

goinmerry

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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.

Generally, there are levels of risk factors in gambling.

Simply, we can expect a decent reward by taking the high risk but expect that it's not going to be easy. On the other hand, low risk might give us more chance of winning but don't expect a big reward right away within just a few bets.

It's not about facing fears. Don't be like that. To be more precise, find what suits our betting style.

Weawant

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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.

The game of gambling like you did said is a very risky, it's a game of luck such that the higher you risk with odds the lower the amount of stake you will have to stake to win big but the lower your odds the higher the stake you may need to win big but at same time it still doesn't guarantee. Winning because gambling have got so much of uncertainties.

Knowing all these some will still prefer to take the risk believing that if they win they become very profitable but otherwise they lose their funds. Well all these are strategies people use to be able to increase their chances of winning their games, you have to always look for that edge if you must stay winning in gambling and this edge could be a winning strategy or a risk management strategy which is what lead's to some persons employing this pattern stated up above

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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.

You can also make some awful predictions with a single stake and win nothing. It's all depend on what you present on your ticket. If you have for instance Manchester City against Tottenham and you picked Tottenham over City, then you have low chances of winning that game than when you pick Manchester City. You can do this on single bet and you wouldn't even win anything but if you choose a good team that is on form with a team that is not stable, even with more similar risky games you will win more.

Your line of predictions is another factor you should consider on what this guys pick. I will use my previous example of Manchester City and Tottenham for this example again. If you select that two teams and you expect to them to have over goals, you can have the option of over 1.5, 2.5, 3.5 and over 4.5 and from this, it's is easy for that two teams to achieve over 1.5 goals but a greedy bettor will choose over 2.5 because the odd is high than over 1.5. This is why is said your strategy also contribute to how risky your bets will look and the outcome later.

Kelvinid

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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.

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Quote from: Docnaster on January 19, 2024, 02:28:30 PM

Quote from: rhomelmabini on January 19, 2024, 10:32:25 AM

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.

Low odds is way more appreciative to win but you'd likely to lose more if your prediction isn't right. If you're talking about sports betting then I will contradict your statement because it's likely a combination of luck and your knowledge towards that sports or player. You may be lucky at some point but knowing the sports, the team or the player, it's sometimes certain if you bet on lower odds.

When it comes to gambling, I've always have that resolve that it's mostly all about luck. The experience and knowledge of a gambler is without doubt important but I'll always gamble with the mindset that luck is the main factor that'll determine my fate in gambling.

Low odds have more winning rate probabilities but when a gambler isn't lucky, there are still chances that he'll still lose his stakes even when he chose low odds. So my advice to gamblers is that they should do whatever works for them wether higher risks or lower risks.

if you are playing those regular casino games such as dice, roulette, definitely, luck plays the major role of the outcome of your games. no matter what strategy you will apply, your bankroll won't last if you won't stop at a certain period of time. if you are already winning, much better to stop and use your winnings wisely.

Quote from: bitvalak on January 19, 2024, 02:55:56 PM

Mindset and mentality play here. No matter how good a system you believe has a high winning ratio, if it is not balanced with courage then it is just as meaningless.
Not all gamblers are comfortable with the number of games they play, on average they focus on playing as little as possible and winning as much as possible.
And they end up losing a lot of money. Fear of losing is the highest wall that is difficult for gamblers to overcome.

losing is always part in this game no matter what. long timers or self-proclaimed expert gamblers, they are still subject to losses as well. no one is immune to losing when it comes to gambling. so even if you know the game by heart, trying to beat the provably fair system, i don't think anyone can always come out as winner in gambling.

topbitcoin

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There is no such thing as a guarantee of winning, there is a possibility of achieving a victory. And we can achieve this possibility through good self-control, ability and knowledge, the gambling or betting strategies that we apply and the analysis that we carry out. and whether or not we win big or not, it depends on the amount of money we bet, the bigger the money you bet, the bigger the win you might get. However, it is a warning that we should not be careless in carrying out gambling and placing bets, if we act rashly then be prepared for a fairly large loss that you will experience. Because gambling is full of risks and there is no money back guarantee, unless you register and become a VIP member at a certain casino.

However, it would be better if we gambled and placed bets, according to our abilities, according to the amount of money we were prepared to lose. Don't just do it because you want to achieve a big win, which you are not sure you will get. Causing and encouraging you to act rashly and carelessly by using all the money you have to gamble. In the end, you cannot achieve victory, while the money you have runs out without any remainder.

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Mindset and mentality play here. No matter how good a system you believe has a high winning ratio, if it is not balanced with courage then it is just as meaningless.
Not all gamblers are comfortable with the number of games they play, on average they focus on playing as little as possible and winning as much as possible.
And they end up losing a lot of money. Fear of losing is the highest wall that is difficult for gamblers to overcome.

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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.

This is just common sense, and anyone that has taken the time to think a little bit about it will realize that this is the case as well for everything else, take a look at those that want to become movie stars or professional athletes, they are aiming for a goal that is almost impossible to reach, and while someone is bound to reach it, the odds are that they wont, however the few that can do it earn a fortune, exemplifying that the higher the risk the greater the reward.

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Quote from: rhomelmabini on January 19, 2024, 10:32:25 AM

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.

Low odds is way more appreciative to win but you'd likely to lose more if your prediction isn't right. If you're talking about sports betting then I will contradict your statement because it's likely a combination of luck and your knowledge towards that sports or player. You may be lucky at some point but knowing the sports, the team or the player, it's sometimes certain if you bet on lower odds.

When it comes to gambling, I've always have that resolve that it's mostly all about luck. The experience and knowledge of a gambler is without doubt important but I'll always gamble with the mindset that luck is the main factor that'll determine my fate in gambling.

Low odds have more winning rate probabilities but when a gambler isn't lucky, there are still chances that he'll still lose his stakes even when he chose low odds. So my advice to gamblers is that they should do whatever works for them wether higher risks or lower risks.

Mahanton

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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.

This is what gambling is all about on which it would really be always meaning about being lucky on which those terminologies are really just that basic or in default on which its up to you whether
you would really be making out such move or would really be that passing on doing bets according into your own risks management because not all would really be having this kind
behavior when it comes to gambling on which some people are really that too careless when it comes on making decisions and this is why they do really end up on messing their finances
due to bad decisions and risks handling.

Gambling cant be called gambling if there would be no risks involved and this is why it would really be just that normal that there would really be those losses on which its inevitable.
The severity would really be just that totally depending on someones risks taking because if you arent that careful or mindful with your decisions then you would
really be messing up yourself into this gambling field. There's no way that you could be able to make yourself having that assurance.

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Quote from: Juse14 on January 19, 2024, 01:49:44 PM

Gambling is known as an activity that has quite high risks, because when you decide to place a bet, there is no such thing as a money back guarantee and there is also no guarantee that every time you gamble you will win. So before you decide to start gambling, you must be prepared for all the risks and you must also be prepared to lose the money you bet. We must be prepared to accept defeat, because if not, then initially you gamble to relieve stress, but what happens is the opposite, where you become increasingly stressed because you often lose.
-snip-

Therefore, it is necessary to do management before gambling,
provide a special allocation of funds for gambling so that there is no regret when losing the money.

But many people just start without understanding anything, don't read the Rules or ToS of every gambling place.
Big or small risks will be borne by yourself and not borne by anyone so that no one can be blamed when experiencing defeat or loss.

And this will also be mentally disturbing or stressful as you say when losing gambling.
Therefore, you must be mentally prepared as well.

Unbunplease

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Quote from: Jegileman on January 19, 2024, 12:35:59 PM

Risk and reward are directly proportional to each other. The more the risk you take the higher the chances of getting a big reward. What matters the most is how much you’re willing to sacrifice for it because gambling is a game of risk and can also be seen as a game of luck. It is now left for the gambler to decide what they want and what they can lose in the process. This can be related to trading, as such that; the more you use higher leverage and capital, the more the reward and when it back fires the higher the loss also. Everything here works proportionally to each other, you just need to decide the one that suits your budget.

The problem is that in gambling it is difficult to know when to stop. After all, it may happen that the player stops just before the so-called streak of luck catches up with him - literally on the next step. Therefore, the biggest risk is the lack of brakes

len01

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choosing big odds will not be a problem if it is done just to try your luck with a small betting amount and usually people will use parlay bets, choose big odds and bet to try their luck at getting a very large total odds. even though it is very high risk, if the betting slip loses it won't be a problem if you only lose $1
so taking a big risk at high odds doesn't hurt.

and for the second option regarding choosing low odds with high bets, you need to pay attention, even though the odds are small, it doesn't necessarily mean that the chance of winning will be greater and the risk is still big because they think low odds have a big chance of winning and bet large amounts and in fact many bettors lose big when betting on small odds and the chosen team being beaten by the opposing team is just like a surprise.

this is all about how a bettor can accept all these risks and there are no guarantees whatsoever.

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Duelbits

Gambling is known as an activity that has quite high risks, because when you decide to place a bet, there is no such thing as a money back guarantee and there is also no guarantee that every time you gamble you will win. So before you decide to start gambling, you must be prepared for all the risks and you must also be prepared to lose the money you bet. We must be prepared to accept defeat, because if not, then initially you gamble to relieve stress, but what happens is the opposite, where you become increasingly stressed because you often lose.

And therefore, gamble appropriately and avoid all forms and behavior that will only lead you to loss and disappointment.

sujonali1819

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I heard a proverb that "No risk, No gain". So yeah to get a historical win which is much different than a normal win you must have to take a risk.

Quote

Higher and lower risks in gambling is the gamblers choice.

And I assume most of the gamblers always love to take the high risk for higher odds. This is a natural habit for a gambler.

Jegileman

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Risk and reward are directly proportional to each other. The more the risk you take the higher the chances of getting a big reward. What matters the most is how much you’re willing to sacrifice for it because gambling is a game of risk and can also be seen as a game of luck. It is now left for the gambler to decide what they want and what they can lose in the process. This can be related to trading, as such that; the more you use higher leverage and capital, the more the reward and when it back fires the higher the loss also. Everything here works proportionally to each other, you just need to decide the one that suits your budget.

Topic: Higher and lower risks in gambling is the gamblers choice. - page 4. (Read 977 times)