Higher and lower risks in gambling is the gamblers choice. - page 7.

Die_empty

hero member

Activity: 686

Merit: 987

Give all before death

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 higher the risk, the greater the returns or win applies not only in gambling but to other areas of life. This is why gambling is not for children but for adults who understand the risks involved in gambling. I also think that gamblers should take the risk they can be able to bear because gambling is a game of chance. Some people can take high risks in gambling and they win big anything they are lucky. But I prefer to gamble minimally so that I can be able to bear the loss.

Quote from: alastantiger on January 17, 2024, 04:52:58 AM

What you are explaining is accumulators. I agree that it is has the potential for bigger win. If you are a newbie, I will tell you to ignore the advice of the OP because it is very risky, it is complex and a higher house edge. Newbies must be aware that sportsbook make more money from these bets. That it, they have a higher advantage.

Newbies are advised to bet with small funds until they are well-experienced to take higher risks. They should know that gambling is risky, therefore it is important not to gamble with what they cannot afford to lose.

Hatchy

sr. member

Activity: 336

Merit: 365

The Alliance Of Bitcointalk Translators - ENG>PID

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 withdrawfrom your fears and minimizes the threats outcomes.

I don't think the more risk you take, the more winning you will make. Rather I thing that the more risk, the more you are opened to losing. In gambling, when people stake their money on larger ods, they tend to minimize their risk, using that same amount which was supposed to be placed on one bet but on many. This will help you reduce the risk of loosing all money on one stake. A gambler should be able to take risk but to some extent and always be able to control his gambling habit.

Taking too much risk might put you in more danger and you might not be able to bear all the consequences. We should be able to gamble using various strategies that can minimize our loses. And don't forget to gamble with money you can afford to loss

alastantiger

sr. member

Activity: 574

Merit: 310

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.

What you are explaining is accumulators. I agree that it is has the potential for bigger win. If you are a newbie, I will tell you to ignore the advice of the OP because it is very risky, it is complex and a higher house edge. Newbies must be aware that sportsbook make more money from these bets. That it, they have a higher advantage.

Quote from: Queentoshi on January 17, 2024, 01:42:21 AM

Some gamblers will prefer to risk it really big to win, than risk it small to win. So higher or lower risk in gambling is the gamblers choice like the topic of this talk.

The only gamblers who do this are those with a large bankroll and are more experienced in gambling. And everything in gambling is a choice but it is a choice that require you to have knowledge and experience.

_act_

legendary

Activity: 1064

Merit: 1298

Lightning network is good with small amount of BTC

Quote from: swogerino on January 17, 2024, 03:45:36 AM

That is normal I think even in life more risks if taken right means more rewards,

Not complete. More risks means more profit or more losses. In gambling, it falls towards the side of more losses than profit.

Quote from: ethereumhunter on January 17, 2024, 03:46:38 AM

If you don't mind small profits, you can bet with big risks.

Or if you do not mind small profit, you can bet with small risks. This is how I know it is in gambling. But also minding that gambling with little amount of money is very important. Using high amount of money for gambling is not advisable at all.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

If you don't dare to gamble with high risks, you don't need to. It's better to adjust the bet to what you can afford. Playing gambling does bring its own risks, but it all depends on you, so you have to be able to determine it. No risk, no big gain. If you don't mind small profits, you can bet with big risks.

But whatever it is, you have to bet what you can afford so that you can be aware of the risks and don't gamble too much. That's what you have to stick to. Otherwise, you will lose a lot of money.

swogerino

legendary

Activity: 3318

Merit: 1247

Bitcoin Casino Est. 2013

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.

That is normal I think even in life more risks if taken right means more rewards,the same can be said for gambling,our choices dictate what would happen most of the time,yet in here is different,even if we take very low risk level by betting on games with odds of 1.10 and below which are common in tennis and even suffer losing with such low risk.This mean that in gambling is different,we always lose in the long run and our choices do not impact anything.

borovichok

hero member

Activity: 1148

Merit: 518

Gambling is a game of uncertainty and the probability of losing is always higher than the probability of winning irrespective of the odds, small or big. Odds do not determine who wins and who doesn't but then gamblers have always held this perspective that betting on smaller odds is the safest way to win in gambling specifically in sports betting.

However, if betting on smaller odds guarantees more wins people will only stick to betting on games with smaller odds and this can chase bookies but then bookies are even proliferating which means statistically the bookies are winning in the tussle. It hits harder when a person loses on small odds because placing a bet on smaller odds means staking with a reasonable sum of money to get value and when the outcome is not positive, it can easily drive the bettor into some form of negative behavior.

Thus, I will always advocate that people should stake only with money they can comfortably lose without having to worry irrespective of the odds. This is important since odds do not guarantee who wins the game hence, the onus is on the gambler to control his stake each time he gambles.

BABY SHOES

sr. member

Activity: 294

Merit: 433

HODL - BTC

We realize that - The higher the risk, the greater the chance of winning - In gambling it is like that where you want to increase aggressive bets then big wins will definitely happen even though in quotes in luck-based gambling no matter how high your bets are then it is still uncertain when you are lucky then big wins are still very possible.

You will adjust from starting a low bet even though the winnings are small, but if you can win in the bet then you can increase the aggressive bet hoping for a bigger win, if you don't dare not take this step because of course you will feel more depressed because of a game you want to play.

Because gambling is fun then it should be with low stakes even though the rewards are small.

Outhue

sr. member

Activity: 686

Merit: 403

Isn't it smarter to bet on small odds?

At first, no one knows the outcome of the game, and it mean you can lose your money, secondly, the chances of winning the game is better than betting on higher odds, like I always say, casinos are not stupid.

Like you've said OP, it's always gamblers choices when gambling, how you plan to gamble will determine your result in the end, it's pointles to be greedy with odds, it will only make things more harder for you.

pinggoki

sr. member

Activity: 1666

Merit: 426

The risks are all the same, we do think about it that way where we put a level on it is because we have different amount of money that we put into it, take for example, same game with the odds and the only change is the amount you're betting on the game, you're more nervous about the money losing on the one bet that's got a higher amount than that of the smaller amount.

Queentoshi

sr. member

Activity: 854

Merit: 327

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Porfirii on January 17, 2024, 01:33:12 AM

The best example is the lottery: chances are so small that the prize is enormous. Other games are safer, but the safer the game the smaller the prize. It's up to each individual to choose one style or the other.

For as long as there is always proof that someone wins these huge prizes where the chances are so small every time there's an opportunity to play such games, they will always be people who are willing to take the try and try out their luck gambling in their situation to win this very big, enormous prizes. Some gamblers will prefer to risk it really big to win, than risk it small to win. So higher or lower risk in gambling is the gamblers choice like the topic of this talk.

Oshosondy

legendary

Activity: 1624

Merit: 1200

Gamble responsibly

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.

The more risk the higher the odd but the chance of winning is extremely low which I think is what you mean, not to talk that the chance is extremely high.

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.

The chance is high for lower odds but losses are still possible. This is why we need to be conscious of not using higher amount of money that we cannot afford to lose to gamble thinking the odd is low. This low odds are common in sport gambling in a way a gambler will increase the money he wants to use to gamble but there is the probability that he can lose.

Porfirii

legendary

Activity: 1932

Merit: 2354

The Alliance Of Bitcointalk Translators - ENG>SPA

It is a classic proverb that no risk, no profit (in fact, no risk means no risk and that's all, but as we're talking about bets, it is ok). So I'm sure that most people is aware of that.

The best example is the lottery: chances are so small that the prize is enormous. Other games are safer, but the safer the game the smaller the prize. It's up to each individual to choose one style or the other.

EluguHcman

sr. member

Activity: 504

Merit: 254

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.

Topic: Higher and lower risks in gambling is the gamblers choice. - page 7. (Read 958 times)