Topic: Making decisions while betting - page 10. (Read 2885 times)

Well, it might be a combination of skill, knowledge, experience, and anything along these line, but it will always go down with the "luck". I men nothing can beat luck though, no matter how great your sports analysis is, when the superstars on the other team are having a slump and the underdogs were shooting lights out, then that's most definitely you define it as "unlucky". Ever wonder why most gamblers will say "hey, I gotta go a gamble, today might be a lucky day." We really can't deny that after all those knowledge, experience, skills in betting you will always say "wish me luck". So, in that case, can you please elaborate more about your statement that gambling isn't really all about luck and it is a complicated combination of skill. chance, and psychology? I mean is there a psychological explanation how to beat luck? or is there any pattern to decipher or unlock the luck when we gamble?

Agree with what you say, gamblers who experience addiction are caused by pressure from outside and from within, namely pressure from outside, he sees other gamblers who win so that his life is guaranteed and he has a lot of money, then the pressure comes from within, namely when he thinks that gambling can produce results. a lot of money, then he will try to get it even if the method is wrong.


It is true that there are still many gamblers who do not understand well what luck is in gambling so they only keep what they got that day when they win and then they will try to chase luck again by gambling again. If gamblers have a good awareness of what chance, luck and experience actually mean in gambling, perhaps they will be more careful in playing in the future and they will try not to make mistakes.

Everyone has their own way of managing their emotions because only they know their own capacity to control their emotions. I personally usually never control my emotions. Usually when I gamble when I lose I will close my cell phone then rest even though I am upset and emotions, but they are only felt for a moment, if we follow those feelings it will actually make us fall into new problems again, that's why it is important to limit our gambling budget, when the budget is used up and we experience defeat we cannot get emotional and understand that it is time to stop gambling. .

Never make any decisions that end up harming ourselves later, it's best not to follow the feelings or emotions that are within us, be consistent and focus on the budget that has been set. We won't get emotional if we are used to understanding that we have to stop gambling when we lose. and at least we don't need to make any decisions, as long as we do that, I'm sure we can control our emotions well and I've tried it for some time now, the point is that emotions will not solve problems, let alone recover from all our losses.

Many individuals do not fully understand gambling and believe that it is all about luck. However, in actuality, it is a complicated combination of skill, chance, and psychology. in as much as the importance of luck cannot be overemphasized the presence of skill, chance and sometimes experience, plays a very vital role and When people misunderstand the nature of gambling by thinking gambling is just all about luck, it may lead to addiction and financial ruin, same thing goes when a gambler believes he can rely only on his skill chances and experience, the outcome would still be disastrous. every gambler should be very much aware that to be successful in gambling you must acknowledge the presence of luck, skill, chance and also experience. this would help you manage the amount of risk you take as gambler.

When we play in the casino we go through many Stages, when we lose we keep the hope of being able to win at any moment and that is something we cannot take away, but due to the experience in games it is when we can have more decision that is a little more accurate and focused on reality , sometimes when we play we always maintain the hope of being Able to win and that is something that does not change at all, because to this day we always Maintain that hope and that is because playing and betting we will seek to have more money, That's what it's all about, just because when we overdo it we lose more money, we shouldn't be fooled by our luck.

The cause of an addiction is insistence and that is Something that is noticeable, in particular when we make a lot of bets and very often things can turn out to be good when little money is spent, it is advisable to play 1 or 2 times a week and with little money, just enough for fun.

Yes, simply put, some of the following controls also have limitations that are easier said than done, as you said, when emotions rise then logic will be ignored and that is what happens when someone is dominated by their emotions, therefore the key is that you have to be able to doing something that in the end will not make you experience emotions, and one of them is clear as I said before, namely by putting an amount that we can be responsible for whatever the outcome is, especially defeat.

With that, I am sure you will not experience too much emotion due to losing, and this is why it is always recommended to be a responsible gambler because this is the only best idea that can keep you from the bad possibilities of gambling in the long term if you really want to stay involved in gambling. .

All gamblers don't really like losing or losing, especially those gamblers who come with the intention of making money. If you don't want to experience significant losses then obviously you have to identify what your mistakes are, you have to know what makes you lose money. in large amounts and one of them is emotion, if you already know this then it is clear that you have to have a recipe for how to prevent emotions from occurring within yourself and one of them is by only putting an amount that you can be responsible for, that's all actually.

That's why many gamblers misunderstand what gambling really is so they think that they will easily get lucky by trying to play continuously without any restrictions and have a clear mind so they play without control and good control, then as time goes by, they will realizing that they often experience defeat and hope for good luck is very difficult for them to obtain.

I think he was overexcited that's why he had to wager back all the money he'd won that day. Sometimes, when we get excited it leads to mistakes, even in events not relating to gambling. We find ourselves making promises we may not have made in a normal emotional state. Hence, gamblers get excited after winning big with a smaller amount and tend to try more and win again. However, once a player gets emotional in his games, it should be attributed to losses. Greed as you said, also plays a role in affecting the wins of gamblers. There are stages to how gamblers react in gambling. If a player happened to have lost all his funds, he'd get emotional like a player who had a plan for his funds but gambled them away.

These thoughts running through the brains of the gamblers affect them emotionally, and it's more like a reflex action. That's why you wouldn't understand or realize why it's happening. To boost back the emotions to get stable, a gambler needs to have some fun elsewhere. Gambling doesn't make him happy anymore. Hanging out and playing fun games will revive the player. Although he'd still go back to gambling, his state of mind will be better, provided he gets enough fun, after experiencing an emotional meltdown via gambling. They're players who boost their emotions through gambling. Due to the fun, they gain while gambling. When they get demoralized, maybe, elsewhere they'll come home and gamble for fun and get happy. Being emotional all the time leads to depression, then addiction. So, players who are now getting emotional should work on it and stay safe.

Emotional gambling or betting will normally lead to a loss and nothing else. I think gambling is a game of cool mindset and only those who have full control over their emotions are the real winners in gambling. If you are emotional, you will consistently make wrong decisions of making bets with higher bankroll or going after additional bets to chase the losses and so on. All these things will lead to gambling addiction and in the process, a gambler usually loses a lot of money.

A gambler should focus on the individual bets and make the right bet based on his knowledge and searching for the matches and teams. Even after doing all the homework, if his bet fails, he should not regret and move on. A gambler should make up his mind that he will lose some bets too and be prepared for this loss.

Decision making is one thing we know to be smart at making because this would determine whether we are going to be a winner at the end of the day or going to lose and go back to the table.
Those that are good at decision making and could quickly decide on what else to do for them to make sharp winnings when the time is not there, will always be profitable because we don't have to always think for so long before we decide on what time do about some particular situations.
We all want to make money and for us to do that we need to make decisions that are sharp and swift especially when it's required at an urgent time. Let's keep doing what we ought to do to keep getting frequent positive results that will keep giving us money to take good care of our responsibilities.

Emotion always fuck us a lot. so for gambling we should control our emotion first.unable to control emotions can lead to huge losses through gambling. when one cannot keep his emotions under control, he will make bad decisions and start placing big bets. I totally agree with you that using 1-5% of weekly or monthly income for gambling is a standard strategy. adhering to this can save us from gambling addiction and it can protect us from major losses

This does not only apply in gambling, but in other aspect of our lives. It is good that we should not do anything when we are upset or in a bad mood, because the outcome would not be good, since we did it out of annoyance or over excitement.

When gambling, you should be in a good mood, whereby nothing will make you unable to control your emotions, so that you can put in your best in the game. This is when you start gambling, and your first 5 straight games brought loss, it is better to quit, to avoid your emotions to control your gambling activities at that moment.

Isn't it fascinating and disturbing how one emotional hijack may destroy years of discipline and control? Gambling is a reflection of our deepest fears, wants, and greed

Coolness should be a gambler's friend, but how often do we witness it? Rarely. Because it's easy said than done. When emotions rise, logic falls. It applies to gambling and life in general. You lose when emotions rule your actions. Really, it's not about money. Control, the addictive illusion of it, and how we're all one bad day away from unraveling are the themes

This is a life lesson as well as a gambling warning. Greed, reluctance to accept failure, and emotional recklessness are in every decision we make. We must be awareness. Recognizing the beast before it drives. Easier said than done, yet necessary for peace or success

Making decisions while betting everything start from emotion in my opinion and from here it can drive everything from fear the greed the super confidence and so on and so forth.

So yes making decision is important and you need to careful before placing bet unless you are a degen who like challenge   just bet and forget hahahha

I was expecting that you are emotional on personal matters when you place the losing but rather than being emotional by just missing to bet big on a winning bet. I think it’s not emotional but rather greedy because you crave for more big wins after winning huge multiplier but with small amount that result to small return.

Gambling while emotional is one thing I can’t comprehend for people that doing this(including me) because why we need to resort on gambling while our emotion is down. There’s a lot of other things that we can do to boost our emotion.

yes, that's true, indeed if we gamble with unclear thinking then the possibility that will happen is reckless betting and reckless betting or actions of course that is not recommended, although there is a possibility of winning because of luck but it is not natural if it is done intentionally . If the gambling you are doing is not going anywhere or your feelings are not good, then it is better to stop rather than continuing, which will only cause big problems.
with what you have experienced, I think it is likely that other people who gamble also feel it, indeed when they win, what will happen is that the temptation to increase the amount of their bet becomes bigger and bigger and with the result that can be predicted is defeat. I have read in another thread that when you win, the best option is to cash it in. In my opinion, that is the best option, but it is also difficult to control our emotions and thoughts especially when we win because of course the temptation will be stronger too.

It's incredible how much influence emotions can have on our decision-making, particularly when it comes to gambling. You explained how the emotional high of winning a large prize caused you to place larger bets than you would have otherwise, which eventually cost you money. Emotions can be a powerful force, and it is critical to be conscious of their impact while making decisions, particularly when it comes to gambling. It's easier said than done, but knowing how to detect and regulate your emotions will help you make more sensible decisions and avoid making rash decisions that could result in financial losses.

Emotional approach does not help at all, even if you win big time today and go home with a decent profit, i'm sure you'll still come back next time and you will not be lucky anymore. There was a saying I read that goes, "losing is certain, but winning is not"... That only means we or most of us are really lossing money in gambing, now with lack of control or what we called unable to control our emotion, we will be close to losing sooner which hopefully we will not make a bad decision that might be desperate and borrow money to try to win back what we losses.

Basically yes emotions are always the initial disease for a gambler to ultimately lead them to a much worse result or situation, and these emotions will not only harm you in gambling involvement but also with other things in your life, and obviously it is true as you said above that emotions can mess everything up in the sense that we can make unreasonable bets such as betting with amounts that we are not really able to account for which in the end if the results do not match then you will be increasingly dominated by uncontrollable emotions.

While on the other hand gambling should always be based on calmness because this is a decision-making activity that is recommended to always be in accordance with your abilities, but if you make decisions based on emotional situations then obviously it will be like the case you experienced where you bet with a larger amount such as putting all the amount of money you have won which in the end turns out to be unexpected results, you lose everything. Looking at the situation you experienced, I would conclude that emotions can make a person too greedy, and usually it happens when they are unable to account for the defeat in the previous time.

It's much easier to deal with the consequences of whatever happens if we take the decision to  cash out or refused not to under a well thought atmosphere than doing it out of tension. It is that spontaneous action that causes us the regret when the whole games does play after we might have cashed out a meager amount.

The hallmark of it all is that it doesn't matter if we cashed out based on prior plans or out of anxiety we just have to be ready to accept with no regrets the consequences that may follow and move on.