Topic: Higher and lower risks in gambling is the gamblers choice. - page 5. (Read 958 times)

It's quite obvious the less probability of winning a bet, the higher it's going to be its final reward, while a bet where you have a high winning probability will reward you low profit. Different gamblers will choose one or another route, depending the current situation and their past experiences betting on the favorites and underdogs. There isn't an assured strategy to be more profitable on long run by choosing low or high risks. Actually, every gambling strategies you adopt will lead to long run losses, unless you are lucky to hit the jackpot once in your life and quit gambling.

Personally, I've already played through low risk many times, but I don't feel like the experience was rewarding for me. If I could go back in time, probably I would do the opposite, going for high risk and high odds, because that way at least I would have the chance of winning some considerable prize (the jackpot) and then making good use of the reward, instead of losing big sums of money on low risks bets, imagining they were going to work in my favour...

This subject about high and low odds has been discussed a lot over the years, many people argue that betting on games with low odds, like odds of @1.50 and below, is not profitable in the long term, for example, suppose a person has 10 $ to place sports bets. So this person decides to bet on 10 games with odds of 1.30$, this person gets the 10 games right and ends up with 13$, see this person had 10$ and made 10 bets, but only profited 3$. And if that person continues using the same strategy in the other round and loses in 7 games, then that person will start to get worried because they will be very close to losing money. so even if this person has had a lot of successes it is still not something that the person will celebrate due to not having made much profit. imagine the following scenario:

you have $10 and your friend also has $10 and they decide to place sports bets. you make 10 bets with odds of 1.50 and get all 10 bets right and you end up with $15. Your friend chooses to make multibet bets in which he places $1 on a multibet bet of 600.00 odds, your friend makes 9 bets wrong but he gets 1 bet right, leaving you with $600. Then a friend takes the money out into the real world and buys a lot of things and keeps telling everyone that he won that money with sports betting, then other people will ask you whether or not you do sports betting and how much you won too, when you say that won $15 and that is not a minimum amount to withdraw to the bank, so no one will want to know your story anymore, people will distance themselves

and they will focus on listening to your friend's stories, because what matters is having money in the real world to spend. When people gamble, they are looking for big winnings to spend in the real world. It doesn't make sense to spend 1 year playing and winning many times but earning very little to the point of not being able to withdraw it and spend it in the real world. This is my opinion. I know and support that gambling should be seen as fun, but there is also nothing wrong with winning big at the casino and spending it in the real world. Making simple bets with low odds is not a good thing.

Different gamblers have different expectations in gambling. Some people want to win very little in gambling and there are others who expect a lot from gambling. People who have high expectations also like to take risks. I am surprised by some gamblers gambling odds. They pour money into certain bets in such a way that they think they will surely win that bet. Without seeing them, I would have had no idea about gambling. Those who don't want to take risks and want to win at gambling, I'm sure the rate of loss is much higher.

I think he is talking about sports betting. It's just favorite vs underdog, the majority will be rooting for the favorite and will even wager a huge amount to win a bigger percentage. This is where big bettors cram for it seems to be the safer side while those who have doubts about the crowd's favorite can wafer small to win big.

Some of us are just willing to lose a small amount for the slightest chance of winning big. People parlay $10 to win more than a thousand.

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.

The gambling game had both the possibility of winning and losing,if you choose the casino.The gamblers should more more cautious for the betting,because the gambling game was involve of real money.The odds of the gambling was not the same one for many games,because sometimes the odds will work.The other way the odd may failure and leads to the gambling loss.The smaller loss in the gambling site can be managed by the gamblers,but if he had loss the game again and again will leads to the economical imbalance of the gamblers.The risk was the common outcome of the gambling site,but risk was not the permanent one in the gambling site.

Many gamblers like using higher risk as you'll have to wager a small amount of money for those higher risk when playing sport betting. They'll want to use $1 to win $100 profits and this is why they'll keep losing when gambling. Sometimes you have to wager big amount with smaller odds to win as those types of bets are easy to predict. Only very few gamblers can use small wager to win big profits as many gambling are hoping that one day they'll be the lucky ones.

Don't take too much risk when betting regardless of which type of games you're playing, if you're playing casino games reduced your risk and if you're playing sport betting choose fewer games and you'll have more chances of winning. When gambling we don't have to be greedy and what to win big amount everytime we play. Some days we can go home with smaller profits instead of losing everything because of high risks.

Yes that's true, the more we are taking the risk the more the odds keeps accumulating for us to have higher winning amount but at the expense of taking the more higher risk.


That one is our own decision to make, but as you you've said, those that don't have much money may use this method to double up their money but at a very high risk as said earlier, they can as well manage to loose the money since it's something not much they are staking with.

it is true that one of the keys to success in gambling besides luck, emotional management is also very necessary. your calmness when playing gambling will actually make the game more exciting and can make you think more clearly. so you can control the game instead of being controlled by the game.

Yes, smaller odds, but patience and tenacity matter. Isnt it like an endurance test? I like how this technique reflects life: working toward something rather than taking the huge leap. No assurance of a win, but isnt that fun? Uncertainty and hope make the game interesting.

It ultimately comes down to personal choice and risk/reward perception. Face our anxieties or play it safe - either method is thrilling. Isnt that what makes gambling fun? Unpredictability, highs, and lows, its life. Congratulations to gamblers who welcome this with open arms and fun.

It is one of the perspectives but I won't connect gambling with emotions as much as possible because it can lead to more bad things than good, so just assume gambling as an activity and do whatever you want to then just leave all the things behind and focus on the next thing that is based on skills.

Higher odds mean the chances of winning is lower but it can never be zero that is the catch. So you can never be sure that you can win 10/10 bets when you only bet on low-odd teams.

It is true that higher and lower risk in gambling is preferred by all gamblers but gambling requires luck so the promise of higher odds is less. There is always risk involved and unlike other casino games that may require skill or strategy. The excitement is further amplified by the possibility of significant payouts, sometimes even life changing jackpots. Another factor is the lack of complex rules or learning techniques which makes them an ideal choice for casual entertainment. Players can quickly engage with the game enjoying the thrill of every spin without the need for in depth knowledge or skills.

Winning big involves higher risk not only on the accumulation of odds that you are staking for but also for the amount of money you are staking. Some gamblers take the risk from the angle of multiple games which increases the odds but increase the chances of losing incase some games didn't win while some gamblers risk more capital than normal to what they can bear if they lose. So a gambler understand the risk that is involved in gambling and knows what he should be staking for.

I think everyone knows about this already. The thing is, gambling is all about risk. The more you risk, the more you can have and also the more you can lose. Don't forget about that. Yes,  facing the fear and risk will be rewarding if only the gambler wins, but if it doesn't, then it's a loss and it will be impactful. Many gamblers out there have the mindset of going for the risk and high stakes, thinking that it's worth it or not. I've known a colleague in a company who gambles like that. Imagine that during work he will do a bet, and then sometimes out of nowhere he will let you pick on what he should bet. The good thing is that if the choice or bet you've suggested is a win, he will treat you to something; if not, then its nothing because he's not accountable. That colleague of mine is a very risk-taking gambler, and believe me, he also faces losses and the worst debts.

I admit that you are a brave player in placing All in bets, after all free money should be used for high risk bets such as All in in several casino games, I once did that when I got free money from a casino and then the withdrawal limit did not reach minimum limit so I have to play one round of the dice game with a multiplier of 1.96x then win and withdraw the money there but if I lose just think I return the free money to the casino. so there are no problems and it makes me lose money.

I think your feelings must be the same as losing free money won't hurt you when you lose, even though it's an amount that might be complicated to withdraw into your wallet, but if the amount is large, maybe I won't bet, it's better to withdraw it and enjoy the free money. That's rather than playing gambling with high risk bets but failing, unless the free money is a little and doesn't reach the minimum withdrawal limit, one way is to dare to take high risks to bet and then hope for luck.

Every gambler always plays safely with their deposit money, unless it's free money, it's impossible to play safely, and the dealer will take it back if they play there for too long, it's best to play with high risks but win quickly, that's better.

In essence whether your betting volume is between one to five percent of the bankroll or more, there is always an inherent risk in gambling as well the high probability of loss. Therefore, irrespective of your bet size, it will not automatically translate into a win if are not strategic with your analysis and prediction.

As a word of caution, be realistic in your approach to sports betting and gambling. You need to be meticulous and thorough. Do not downplay the role self-discipline, and avoiding unrealistic expectations that you will become a millionaire overnight.

Infact the first sign of loss is reliance on telegrams groups to give you winning tickets without doing your home work. And worse still, you do not understand the game you are betting on. Another last and most stupid move is when a person gives another gambler money to bet place a bet on their behalf because they believe more in the prediction of the other person than in theirs.

I will be surprised if everyone is not aware on it since gambling is what we are talking and the payout is always proportional to the chance of winning of the specific bet. Let’s use dice for example, you will get x2 payout on a 50% winning chance rate while the payout multiplier increase or decrease base the winning chance rate or probability. There’s only minor discrepancy due to the house edge but the principle is the same.

Gambling is betting based on the risk so the payout will always measured by the difficulty of that bet to win.

I'm more like it.

You tried play safe with deposit money, meanwhile from free money like (Relaod, Weekly, Monthly) and other tried with higher risk and go big or go home ~xd. Like, I doing all-in betting everytime getting some bonue on stake
- Weekly
- Reload
- Monthly

Anything, I always doing all-in betting.

Not in doubt at all,  And that is why it should be expected that those who are afraid to make decisions considering their financial limitations shouldn't be insighted to gamble with the target to " must win a lot".
It would be a minimal risk if you could Chase winning and considers your Financial portfolio so you would be on a best fit to withstanding your looses at all costs

That is why risk takers will always have the higher chance of getting that huge reward. It's all about proportion wherein you win or lose depending on how much you wager on gambling.