Topic: How do you manage greed to place your bet - page 6. (Read 1271 times)
Emotions are hard to control including fear and greed neither gambling nor trading we need to control the emotion. I know the feel of greed when every possibility says you need to go all in but if you dont have money or you dont want to risk all of it just dont do it, even tho at the end of the day you are winning. there is still small chance that you gonna lose
This is actually the problem of the century for every human being and during my stay here in this forum I have heard of people saying that greed doesn't really affect them which I deem it fit to be a big whole lie because greed gets to every gambler if not always then it must have gotten to you maybe once or twice but the community seems to have alot of people trying to pretend and I understand the reason why because it's a public community and writing some kind of things get read in different ways.
I don't deny that I'm a victim of greediness and I still fall for it, we are just human but we are learning I tried to minimize my greediness and my experiences and losses taught me to be greedy in a positive way, like do not take a loan even if you are so sure of your bet just use all the money that you have if you're 100% sure but never take a loan out of greediness to win.
Greediness will always be part of us gamblers but we are learning and becoming experienced gamblers because of past greediness I have learned to accept the results more without regretting and putting it in my head, we learned to move forward from this experience.
This is actually the problem of the century for every human being and during my stay here in this forum I have heard of people saying that greed doesn't really affect them which I deem it fit to be a big whole lie because greed gets to every gambler if not always then it must have gotten to you maybe once or twice but the community seems to have alot of people trying to pretend and I understand the reason why because it's a public community and writing some kind of things get read in different ways.
let's admit the fact that greed will always be a part of human behaviour. that's our nature. now, it is up to you how you will contain such greediness with your activities.
to manage this, you need to know why you are playing bet in the first place. what are your goals on this particular bet? if you bet small and win, then, just be happy that you won. don't be too hard on yourself. this is gambling after all.
This is actually the problem of the century for every human being and during my stay here in this forum I have heard of people saying that greed doesn't really affect them which I deem it fit to be a big whole lie because greed gets to every gambler if not always then it must have gotten to you maybe once or twice but the community seems to have alot of people trying to pretend and I understand the reason why because it's a public community and writing some kind of things get read in different ways.
Gamblers bet more money because they want the return to be even bigger. They forget that the risk associated with the bet is also high so in case of a loss they can lose all their money which they put in that single large bet.
The only way to refrain ourself from making this greedy decision of playing with big bets, we can only do is to force ourself to follow the money management plan. Money management plans should be established before we start to gamble and if you follow that strictly then no way we can lose money quickly in gambling.
The only way to refrain ourself from making this greedy decision of playing with big bets, we can only do is to force ourself to follow the money management plan. Money management plans should be established before we start to gamble and if you follow that strictly then no way we can lose money quickly in gambling.
Everything will depend on the gaming budget. The bottom line is that you must control risk management, and only bet on a certain percentage of your gaming budget, let's say for example, it will be 1% of your gaming budget per bet. Accordingly, if you want to bet a larger amount, then you need to increase your gaming budget. This way, you won’t lose your entire deposit over several bets and will be able to analyze from a distance how successful your bets are. If you lose more than you win, then it may not be worth doing.
into a possible addiction and this is something that we must really be that trying to avoid.
Greed is really that something which is really hard to resist specially if you are person who do really fails on having that control towards mindset and emotion on which it will really be bringing up that
real disaster towards your finances or in overall. It is normal that we do feel up that greedy because its part of human nature on being greedy but be mindful on how you should really be
that making in control with these things if you dont really like to mess up.
Gamblers bet more money because they want the return to be even bigger. They forget that the risk associated with the bet is also high so in case of a loss they can lose all their money which they put in that single large bet.
The only way to refrain ourself from making this greedy decision of playing with big bets, we can only do is to force ourself to follow the money management plan. Money management plans should be established before we start to gamble and if you follow that strictly then no way we can lose money quickly in gambling.
The only way to refrain ourself from making this greedy decision of playing with big bets, we can only do is to force ourself to follow the money management plan. Money management plans should be established before we start to gamble and if you follow that strictly then no way we can lose money quickly in gambling.
Everything will depend on the gaming budget. The bottom line is that you must control risk management, and only bet on a certain percentage of your gaming budget, let's say for example, it will be 1% of your gaming budget per bet. Accordingly, if you want to bet a larger amount, then you need to increase your gaming budget. This way, you won’t lose your entire deposit over several bets and will be able to analyze from a distance how successful your bets are. If you lose more than you win, then it may not be worth doing.
For much long now I have never place bet with a higher amount but there was a bet i placed few days ago and i was tempted to increase my wager from what it should be before, Let say i often gamble with at least 200 Naira and maximum is 2,000 for a multiple bets But recently something came into me to start increasing my wager above my limits due to a game that was predicts to me it gives me all possibilities that I could cash out big time. This now made me to come here to asked how do you control your greed with your bet amount, do you go ahead placing the bet as your minds speaks or do only maintain to your limits whether it plays or not doesn't matter.
Again why do you regret after putting smaller amounts and it happens the games went as planned and starts blaming yourself for not increasing your bet amount, maybe by now you could have cashed out big time. How do you control this thought over your ends do you keep to your regulations of always placing bets with some limits or you place bet according to your mind and regrets after losing that amount for not following your limits?
Lets discuss wisely and if something related to this post please point it out.. Maybe would devote time to study what has been written over there.
You would be only making that realization on the time that you had made out such mistake or errors. People would really be changing up on the time that they do have those lesson learned scenarios. Again why do you regret after putting smaller amounts and it happens the games went as planned and starts blaming yourself for not increasing your bet amount, maybe by now you could have cashed out big time. How do you control this thought over your ends do you keep to your regulations of always placing bets with some limits or you place bet according to your mind and regrets after losing that amount for not following your limits?
Lets discuss wisely and if something related to this post please point it out.. Maybe would devote time to study what has been written over there.
How to manage greed? It would depend on someones self control and each person does have that different threshold or level of tolerance when it comes to risks factor on which some would really be
that mindful and some wont really be caring at all as long they could play and satisfy themselves then this what matter the most.
In gambling where most of us see it as a source of profits more than fun and entertainment, greed will always be present. As long as there is motivation to earn, there is also amount of greed that we can't deny. But we all know how greed can be destructive at some point. That's the reason why instead of tolerating our greed, it's safer if we can only gamble at an amount that we can easily manage to lose. By establishing our budget funds that are intended in gambling, that will help us not to fall into greed and just bet without crossing our limits.
It should be for fun but we know that majority of us gamblers do see the different thing around on which we are really that focusing much in speaking on making money and this is why it would really be that resulting
into those actions which its not new anymore. For those people who do have good control then they are the ones who would really be saved from addiction but for those people who do treat up gambling as a source of income and making themselves that hella of a greedy person then this is where disaster happens. Dont let yourself comes into a point that you would really be suffering those consequences.
For much long now I have never place bet with a higher amount but there was a bet i placed few days ago and i was tempted to increase my wager from what it should be before, Let say i often gamble with at least 200 Naira and maximum is 2,000 for a multiple bets But recently something came into me to start increasing my wager above my limits due to a game that was predicts to me it gives me all possibilities that I could cash out big time. This now made me to come here to asked how do you control your greed with your bet amount, do you go ahead placing the bet as your minds speaks or do only maintain to your limits whether it plays or not doesn't matter.
As a gambler when your wager amount is in accordance to your financial strength you can always feel relaxed not bother about the outcome of your bet be it a loss, no prediction is hundred percent accurate that's why we don't have to bet above our limit no matter the source of the prediction. It's ain't that easy to control our greed in increasing our betting amount above our set limit when we imagine the possibility of a potential win amount being increasingly high if we can just increase our bet beyond our limit. But until as a gambler you learn to appreciate every amount won as important you won't be able to control your greed.
Quote
Again why do you regret after putting smaller amounts and it happens the games went as planned and starts blaming yourself for not increasing your bet amount, maybe by now you could have cashed out big time. How do you control this thought over your ends do you keep to your regulations of always placing bets with some limits or you place bet according to your mind and regrets after losing that amount for not following your limits?
Like I said above if a gambler can only learn to appreciate each winning amount he's lucky to have won there will be no room for the regrets and blames of not increasing your wager amount. Same way you could have cashed out big amount is how you could have also loss it too if you used a big amount to bet and loss the game. So why the regrets on outcomes beyond your control. 
In gambling where most of us see it as a source of profits more than fun and entertainment, greed will always be present. As long as there is motivation to earn, there is also amount of greed that we can't deny. But we all know how greed can be destructive at some point. That's the reason why instead of tolerating our greed, it's safer if we can only gamble at an amount that we can easily manage to lose. By establishing our budget funds that are intended in gambling, that will help us not to fall into greed and just bet without crossing our limits.
Just enjoy the gambling games you play and the winnings you get regardless of the amount, don't let a small win you miss and a big win you can't achieve which in the end you will only find a loss every time you play gambling
Being able to get back the capital in a gamble that I do is enough to make me grateful. Big wins are not my main goal in gambling although everyone wants that. I can laugh out loud when I do gambling with friends and can relieve stress in the gambling that I do that is my goal in gambling not pursuing profit and hoping that by doing gambling can change my life financially.
Being able to get back the capital in a gamble that I do is enough to make me grateful. Big wins are not my main goal in gambling although everyone wants that. I can laugh out loud when I do gambling with friends and can relieve stress in the gambling that I do that is my goal in gambling not pursuing profit and hoping that by doing gambling can change my life financially.
I agree with you, greed sometimes arises when we are out of control so we try to chase bigger profits even though this is not very good. Sometimes today's profits have been set for us according to the portion we can get if we continue to chase luck which might happen. make today's luck disappear.
Quote from: klidex
I once had an experience where when I played a slot machine and I got a jackpot, of course I was very happy because the jackpot I won was quite big and coincidentally my financial condition at that time was unstable and with that luck I was able to use the money to meet my needs, but what the name greedy sometimes appears suddenly in us, I should have known that it was my luck that day and maybe that was the portion that had been created for me but stupidly instead of stopping and withdrawing the money I continued the game because I thought that my profits would increase a lot but it turns out that on the contrary the luck that was mine just vanished because I didn't pay attention round after round and I only realized it when my balance ran out I really regret that and now when I gamble when I get a profit I will stop playing because if will not have the same fate as what I experienced before. 
[/left]
[/left]However, in my opinion, even if you have behaved carelessly in gambling, there is something bigger that you will gain, namely self-awareness of bad behavior in gambling so that you can immediately overcome it and have full control over the gambling that you do. And this is an extraordinary thing, because not everyone is able to do this.
It is very difficult for a gambler to overcome his greed. There is a similar situation. If you put a fish in front of a hungry cat, within seconds the cat will eat the fish. But if you put fish in front of a full cat, it will not eat the fish. Gambling is just like that. We are all hungry for wealth and we want to quench that hunger quickly by gambling. But very rich and wealthy people are not greedy when they gamble.
So the only advice i can give is to gamble when you have enough savings and when you don't feel sad when you lose. This is the only way to suppress greed. If you cannot do this, you can overcome it with psychological support for greed in general. Greed can hold you back in every situation except gambling.
So the only advice i can give is to gamble when you have enough savings and when you don't feel sad when you lose. This is the only way to suppress greed. If you cannot do this, you can overcome it with psychological support for greed in general. Greed can hold you back in every situation except gambling.
The only time that I can make it very possible and necessary to increase my betting limit is if my earnings have increased. I don't gamble much, but still, I have a minimum amount of money that I budget to be used every particular week of the month. It's better if I don't even gamble at all with it than for me to gamble above that amount. Such self-discipline has helped me save myself from wasting a lot of money all in the name of gambling.
For you to think about increasing your gambling limit, it might be as a result of you winning your last game, which you wager with a small amount of money, and looking at your predicted game, you are confident enough that you are going to win that game, which is among the things that's making you think about increasing the amount you want to put into that game.
If I want to deal with such, I use the what if this game happens to not play what will be left of me for the rest of the week. If I'm to be in the position, it's either I use the money that I have planned to use for the rest of the week and gamble in that one game or I will still use my initial gambling amount. It's very important that we don't allow greed to overshadow our self-discipline.
For you to think about increasing your gambling limit, it might be as a result of you winning your last game, which you wager with a small amount of money, and looking at your predicted game, you are confident enough that you are going to win that game, which is among the things that's making you think about increasing the amount you want to put into that game.
If I want to deal with such, I use the what if this game happens to not play what will be left of me for the rest of the week. If I'm to be in the position, it's either I use the money that I have planned to use for the rest of the week and gamble in that one game or I will still use my initial gambling amount. It's very important that we don't allow greed to overshadow our self-discipline.
The way to manage greed is to stop it. When you are still feeling greedy, simply avoid gambling.
You see, when you are a greedy gambler, it makes your gambling activity too risky, as you are most likely to end up losing due to a lack of satisfaction.
There are two scenarios that often happen to a greedy gambler:
When the gambler is losing money, they will chase their losses, as they do not want to stop at a loss.
Most likely, this will end up with losing everything.
When the gambler is winning, they will still continue to gamble because they are not satisfied with their winnings yet.
Since luck is not forever, most likely, a gambler will end up losing everything.
You see, when you are a greedy gambler, it makes your gambling activity too risky, as you are most likely to end up losing due to a lack of satisfaction.
There are two scenarios that often happen to a greedy gambler:
When the gambler is losing money, they will chase their losses, as they do not want to stop at a loss.
Most likely, this will end up with losing everything.
When the gambler is winning, they will still continue to gamble because they are not satisfied with their winnings yet.
Since luck is not forever, most likely, a gambler will end up losing everything.
Spot on. When greeds kicks in, there are very few scenarios where one will end up having a happy ending.
While we all can agree that the pursue of some money is a relatively important part of what drives people to bet, if anyone turns money the main reason of their betting activities, they will likely shift from total losses to wins.
The important difference between wins and losses is that after a big loss there can no be big win (since there is no leftover liquidity), after a big win there is always a chance for a big loss, though.
That's why you cannot be greedy if you want to be a successful gambler. Some of us dream of making a living in gambling, although most do not believe it's possible. But I tell you, it's possible because there are people who are making a living from gambling. It's so inspiring for gamblers who believe in their skills and how to utilize them to be profitable as well. Greed is usually felt by those who don't have a game plan, those who only see the positive outcome, and those who underestimate the risk of losing because they believe they can exploit gambling.
While there are times when we get lucky, we shouldn't be carried away with the flow and directly conclude that winning in gambling is too easy. This kind of thinking will easily lead us to our doom.
By the way, aren't most of those so called "successful gamblers" people who managed to hit some jackpot by pure chance and decided to retire and start their own businesses? Because if we talk about games like dices or slot machines, that is the only way which comes to mind about making it big time at gambling.
Though, if we talk about betting, it is a different story.
I may have a personal definition of successful gambler which unlike other's.
I have never met anyone who made living through gambling, (not including poker or sport betting)
The way to manage greed is to stop it. When you are still feeling greedy, simply avoid gambling.
You see, when you are a greedy gambler, it makes your gambling activity too risky, as you are most likely to end up losing due to a lack of satisfaction.
There are two scenarios that often happen to a greedy gambler:
When the gambler is losing money, they will chase their losses, as they do not want to stop at a loss.
Most likely, this will end up with losing everything.
When the gambler is winning, they will still continue to gamble because they are not satisfied with their winnings yet.
Since luck is not forever, most likely, a gambler will end up losing everything.
You see, when you are a greedy gambler, it makes your gambling activity too risky, as you are most likely to end up losing due to a lack of satisfaction.
There are two scenarios that often happen to a greedy gambler:
When the gambler is losing money, they will chase their losses, as they do not want to stop at a loss.
Most likely, this will end up with losing everything.
When the gambler is winning, they will still continue to gamble because they are not satisfied with their winnings yet.
Since luck is not forever, most likely, a gambler will end up losing everything.
Spot on. When greeds kicks in, there are very few scenarios where one will end up having a happy ending.
While we all can agree that the pursue of some money is a relatively important part of what drives people to bet, if anyone turns money the main reason of their betting activities, they will likely shift from total losses to wins.
The important difference between wins and losses is that after a big loss there can no be big win (since there is no leftover liquidity), after a big win there is always a chance for a big loss, though.
That's why you cannot be greedy if you want to be a successful gambler. Some of us dream of making a living in gambling, although most do not believe it's possible. But I tell you, it's possible because there are people who are making a living from gambling. It's so inspiring for gamblers who believe in their skills and how to utilize them to be profitable as well. Greed is usually felt by those who don't have a game plan, those who only see the positive outcome, and those who underestimate the risk of losing because they believe they can exploit gambling.
While there are times when we get lucky, we shouldn't be carried away with the flow and directly conclude that winning in gambling is too easy. This kind of thinking will easily lead us to our doom.
In gambling, greed is the main enemy to be honest. If a person can control greed, then definitely he can make good amount of profits. You should always set a fixed amount for gambling. If you exceed that amount, then you should stop gambling. Gambling can be dangerous when you bet all your savings in greed to get more profits. So setting daily targets or a fix budget can surely help you to gamble in limit.
Yep. Controlling greed in gambling is all about keeping a clear head and setting realistic expectations. It has to be, right? It's easy to get carried away by the potential winnings, but reminding yourself that there are no guarantees in gambling helps. Start with a budget bet that you can afford to lose, and stick to it and do not chase losses or bet more than you can handle.
In gambling, greed is the main enemy to be honest. If a person can control greed, then definitely he can make good amount of profits. You should always set a fixed amount for gambling. If you exceed that amount, then you should stop gambling. Gambling can be dangerous when you bet all your savings in greed to get more profits. So setting daily targets or a fix budget can surely help you to gamble in limit.
Yep. Controlling greed in gambling is all about keeping a clear head and setting realistic expectations. It has to be, right? It's easy to get carried away by the potential winnings, but reminding yourself that there are no guarantees in gambling helps. Start with a budget bet that you can afford to lose, and stick to it and do not chase losses or bet more than you can handle.
I always gamble with money that I have prepared beforehand, so that means whether I win or lose I will not exceed the money that I have prepared beforehand. Indeed, for most people, this method has no sensation, because sometimes the sensation of gambling is when you put money into a game without calculating and hope to win from it. But this method is very good for those who don't want to spend too much money and can estimate how their gambling activity will be, whether it is profitable or not.
And indeed at first when you try this method you will be tempted to gamble more, but if you are persistent and continue to restrain yourself I think you will be able to.
When I was new in gambling platform I had this idea where I would try to recover money after losing a few bets. After that i become more panic I would ignore any bet if the return was low. In some bets I would increase the bet amount to get more returns. In that situation my betting amount was higher. One should not be interested in getting anything fast from gambling. As much as possible there should be a steady pace. If we can't set limits, especially when it comes to betting, our chances of losing money will increase. So we all should keep a good eye on the budget. And indeed at first when you try this method you will be tempted to gamble more, but if you are persistent and continue to restrain yourself I think you will be able to.
For much long now I have never place bet with a higher amount but there was a bet i placed few days ago and i was tempted to increase my wager from what it should be before, Let say i often gamble with at least 200 Naira and maximum is 2,000 for a multiple bets But recently something came into me to start increasing my wager above my limits due to a game that was predicts to me it gives me all possibilities that I could cash out big time. This now made me to come here to asked how do you control your greed with your bet amount, do you go ahead placing the bet as your minds speaks or do only maintain to your limits whether it plays or not doesn't matter.
Again why do you regret after putting smaller amounts and it happens the games went as planned and starts blaming yourself for not increasing your bet amount, maybe by now you could have cashed out big time. How do you control this thought over your ends do you keep to your regulations of always placing bets with some limits or you place bet according to your mind and regrets after losing that amount for not following your limits?
Lets discuss wisely and if something related to this post please point it out.. Maybe would devote time to study what has been written over there.
Again why do you regret after putting smaller amounts and it happens the games went as planned and starts blaming yourself for not increasing your bet amount, maybe by now you could have cashed out big time. How do you control this thought over your ends do you keep to your regulations of always placing bets with some limits or you place bet according to your mind and regrets after losing that amount for not following your limits?
Lets discuss wisely and if something related to this post please point it out.. Maybe would devote time to study what has been written over there.
Well, what you mean by huge amount is subjective, amount that is so big to you might look lovely little to some people, because even that your amounts, if converted to dollar, that's equivalent to $20, it will not do much in some people eyes though, if you wager that amount correctly, you will make good outcome but how lucky will you get when you wager that amount, you might not get much.
Gambling has greed, it takes courage not to fall for it, and the first thing you make sure to do is never deposit more than what you want to bet, your threshold should be concise for that particular game, so that when you lost a bets, it will be easy to conserve the remaining change for the next day but when by the time you want to make back the money, you will lose all in the process. In addition, make sure you don't over gambling trying to chase the bag, you will only end up chasing empty bag.
But recently something came into me to start increasing my wager above my limits due to a game that was predicts to me it gives me all possibilities that I could cash out big time. This now made me to come here to asked how do you control your greed with your bet amount, do you go ahead placing the bet as your minds speaks or do only maintain to your limits whether it plays or not doesn't matter.
This kind of feeling in gambling is normal. Maybe you have played successfully for sometime and you feel you could take up more risk. We all feel that way and it is okay to feel that way. On the other hand too you might be having lesser wins and you want to try a bigger luck by increasing your risk appetite. Whichever way it is, you are not alone on it but you have to know that you are over stepping into your budget incase you lose you might start feeling bad.
So what you need to do is to increase your budget to also take care of the new risk your are undertaking because while you had your initial budget, you already had your mind on either losing it or increasing it, so likewise now that you have increase your staking power you also should increase your budget for it. It is alright to take a bigger risk because of the expected profit but you need the emotion to handle the loses also.
I really don't recommend it but if you have agreed with yourself that whatever happens you will accept it, go ahead if you have good responsibility. Honestly I'm not sure if in the end they lose they can accept it, it's kind of unconvincing. So I would rather emphasize not doing it than end up regretting it.
But recently something came into me to start increasing my wager above my limits due to a game that was predicts to me it gives me all possibilities that I could cash out big time. This now made me to come here to asked how do you control your greed with your bet amount, do you go ahead placing the bet as your minds speaks or do only maintain to your limits whether it plays or not doesn't matter.
This kind of feeling in gambling is normal. Maybe you have played successfully for sometime and you feel you could take up more risk. We all feel that way and it is okay to feel that way. On the other hand too you might be having lesser wins and you want to try a bigger luck by increasing your risk appetite. Whichever way it is, you are not alone on it but you have to know that you are over stepping into your budget incase you lose you might start feeling bad.
So what you need to do is to increase your budget to also take care of the new risk your are undertaking because while you had your initial budget, you already had your mind on either losing it or increasing it, so likewise now that you have increase your staking power you also should increase your budget for it. It is alright to take a bigger risk because of the expected profit but you need the emotion to handle the loses also.
Jump to: