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Topic: Making decisions while betting - page 17. (Read 2892 times)

legendary
Activity: 1064
Merit: 1298
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March 07, 2024, 06:34:41 AM
#53
Aside from what the majority said about managing your betting size, having a betting tracker could help suppress those emotions. Instead of making sudden decisions through your emotions, you'll be more aware of your losses and make better decisions once you start tracking your betting activities. Another solution that helped me was remembering one of my many mistakes because I tend to repeat unnecessary mistakes that could have been avoided if I only paid more attention to the bets i'm placing.
You are remembering the past mistake and use it to correct your present for you not to make the same mistake again, that is good. Some gamblers will make mistake but they will not correct it. Some gamblers will make mistake and think of correcting it but their emotion will not let them be able to correct the mistake. But if you correct yours, that is good. I do not agree with the first thing that you said, that someone should have a tracker. I do not have a tracker but I can easily know the amount of money that I lose in gambling. What that is best is to have a gambling budget which others have said.
sr. member
Activity: 1904
Merit: 306
March 07, 2024, 06:18:44 AM
#52
Emotions is a vital aspect of our daily lives as it facilitate the decision making process  and how do we regulate it to be more effective in our dealings is something that should be put into consideration and action.
Bringing it down to betting it has been the master piece of every gambler and some tend to ignore the fact and carry on their task, nevertheless if one can understand his/get emotions and control it then the decisions making process of gambling and as well betting is tackled.

My emotions can't alter my y decision you know why,I usually have an inner workings with my mind,there are times that I'll want to bet when I have so much funds on me,and I tend to follow it up but to an extent I'll start having a double mind of doing so and will be feeling awful that it won't be productive so I'll just follow my emotions,but sometimes when my mind is disturb and I tend to go gamble it end up so frustrating,do I had to sit back one-day and assimilated all of this and came up with the conclusion that when my mind is unstable it affects my decision making as regarding everything not just betting or Gamble.
So it's to learn how to stable the mind and definitely it will turn out Good,a friend use to tell me don't make a decision when your not happy and stable.
sr. member
Activity: 1022
Merit: 277
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March 07, 2024, 05:56:21 AM
#51
I agree that emotions do play a role in our decision-making process, especially when betting. It's important to be aware of your emotional state to help you pause or assess when making rational choices. Stay calm, take deep breaths while betting to compose yourself. Set clear limits, set a budget and stick to it. And do not forget to take breaks, especially when you are feeling overwhelmed or emotional while betting to distract yourself and regain perspective. These are strategies that can help manage emotions while betting.

Roght. Keeping tabs on your emotions when you're betting is smart. Take a breather, do some deep breaths to stay cool in the heat of the moment because having clear limits and sticking to a budget is like having a game plan like keeps things in check. It's all about finding that balance between fun and staying on top of your game. So yeah being mindful of your feelings is key to making betting decisions that you won't regret later

It is necessary when you are in the middle of gambling, the focus of your mind should be only on gambling, or else you have firm decisions and plans to make just in case you need to. Keep your mind calm while gambling so that you can't make an impulsive decision that may affect your current life/gambling status. I agree with you, Taking a deep breathe will help you to lessen the nervousness that you may feel.
full member
Activity: 1148
Merit: 158
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March 07, 2024, 04:44:18 AM
#50
I agree that emotions do play a role in our decision-making process, especially when betting. It's important to be aware of your emotional state to help you pause or assess when making rational choices. Stay calm, take deep breaths while betting to compose yourself. Set clear limits, set a budget and stick to it. And do not forget to take breaks, especially when you are feeling overwhelmed or emotional while betting to distract yourself and regain perspective. These are strategies that can help manage emotions while betting.

Roght. Keeping tabs on your emotions when you're betting is smart. Take a breather, do some deep breaths to stay cool in the heat of the moment because having clear limits and sticking to a budget is like having a game plan like keeps things in check. It's all about finding that balance between fun and staying on top of your game. So yeah being mindful of your feelings is key to making betting decisions that you won't regret later
hero member
Activity: 2870
Merit: 574
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March 07, 2024, 04:06:06 AM
#49
I agree that emotions do play a role in our decision-making process, especially when betting. It's important to be aware of your emotional state to help you pause or assess when making rational choices. Stay calm, take deep breaths while betting to compose yourself. Set clear limits, set a budget and stick to it. And do not forget to take breaks, especially when you are feeling overwhelmed or emotional while betting to distract yourself and regain perspective. These are strategies that can help manage emotions while betting.
That's the point of learning self-control so that you can control your emotions so that you won't make the wrong decisions when gambling. Increased emotions when playing gambling will definitely occur so if your self-control is not good, you will be affected by the results you get.
If you feel an increase in emotions, you should stop gambling for a moment and take a deep breath and look at your condition. If you feel that you have had enough gambling, you should immediately stop gambling and leave the casino.
Having clear boundaries is necessary to avoid losing a lot so that you won't get emotional when gambling. This is also to prevent more losses and also to be able to leave the casino before you lose more money.
legendary
Activity: 2688
Merit: 1065
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March 07, 2024, 04:04:38 AM
#48
How do we regulate our emotions while betting and how important is it?

In other words, how to manage our emotions while betting.

It's a thing that only "us" know what should be the best way. Others can just keep on suggesting but that can't be applied to everyone. To manage our emotions while betting, find that thing while building a gambling experience along the way. Sometimes we need to experience intense defeats, big losses, always wrecked, emotional damage, and other worst gambling experiences just for ourselves to find the best solution for how to manage our emotions when doing gambling.
sr. member
Activity: 728
Merit: 388
DGbet.fun - Crypto Sportsbook
March 07, 2024, 03:09:32 AM
#47

In the world of betting where decisions can increase or decrease your chances of winning, it is important to understand the influence of emotions on the decision-making process. Our mood can greatly influence the choices we make, and this also applies to in-play betting. Whether you're feeling elated, frustrated, or anxious, your emotional state can greatly impact your ability to make rational decisions and ultimately determine the outcome of your bets.

There are many factors:

Emotion : When we experience intense emotions, such as excitement or disappointment, our decision-making abilities tend to be impaired. These emotional highs and lows can cloud our judgment and lead us to make impulsive or irrational choices. For example, after an exciting win, we may feel invincible and tend to place larger bets without carefully considering the odds or analyzing the game situation. Conversely, after a devastating loss, we may be driven by frustration and seek to recoup our losses quickly, leading us to make reckless bets without proper research.


Overconfidence: Emotions can also lead to overconfidence, where we believe that our abilities and knowledge are superior to what they actually are. When we are in a positive emotional state, such as feeling confident or happy, we tend to overestimate our chances of success and underestimate the risks involved. This can lead to excessive betting and poor decision making. For example, if you are on a winning streak and feeling overconfident, you may ignore important information or ignore warning signs that indicate a potential loss.


Fear and Anxiety : can paralyze our decision-making process. When we feel anxious, we may become overly cautious and hesitant, and miss potentially profitable opportunities. For example, if you are worried about losing, you may hesitate to place a bet even when the odds are in your favor. Conversely, fear can also push us to make rash decisions, such as chasing losses or betting on long shots out of desperation.

Emotions play an important role in influencing your betting decision-making process. Being aware of the impact of our moods and actively working to regulate them can dramatically improve our choices. By avoiding rash decisions driven by emotional highs and lows, guarding against overconfidence bias, and finding a balance between caution and risk, we can enhance our chances of success in  betting.

How do we regulate our emotions while betting and how important is it?



Emotions, Overconfidence, Fear and Anxiety.

All these should not be happening to any gambler, unless they have much more expectations from gambling, all these feelings comes from expectations of gambling, they must have had some type of desire and results they want from gambling, which shouldn't have been so.

Gambling to casinos are fastest way of making money, but to we gamblers, gambling should be a way to kill away free times, gaining some fun from gambling with few dollars, and this will make any results a welcoming one, either you lose those little amount of money or you win something back, it shouldn't matter that much.

If you want to make big money, try to save up some money and invest in crypto projects, many have done times twenty since they launched, investment will get you there with less losses than that of gambling, but if you want to gamble, zero your mind from making money and go for fun and entertainment mindset only.
newbie
Activity: 56
Merit: 0
March 07, 2024, 02:26:34 AM
#46
I agree that emotions do play a role in our decision-making process, especially when betting. It's important to be aware of your emotional state to help you pause or assess when making rational choices. Stay calm, take deep breaths while betting to compose yourself. Set clear limits, set a budget and stick to it. And do not forget to take breaks, especially when you are feeling overwhelmed or emotional while betting to distract yourself and regain perspective. These are strategies that can help manage emotions while betting.
copper member
Activity: 2268
Merit: 539
DGbet.fun - Crypto Sportsbook
March 06, 2024, 09:47:07 PM
#45
Emotions quickly gain over our actions, and hence many times we make wrong decisions. The best way to control emotions is to gamble with certain limit. Fix the budget for betting and use only that much amount while placing the bets. Gamble or bet with the amount that you can afford to lose, so that it won’t create any extra pressure on you. Moreover at last you need to show trust on your decisions, and let the bet complete. Our emotions make us fear that we might lose the best and hence we early cashout.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
March 06, 2024, 09:28:55 PM
#44
Everyone has emotions, but not everyone is able to control their emotions well. Especially if we talk about gambling, where this activity (gambling) can stimulate our adrenaline which can sometimes make our emotions go up and down, both when we win and vice versa. When we win, sometimes this creates extraordinary euphoria and a strong belief that luck is indeed on our side, thus making us even more ambitious to continue playing, and because we already feel confident enough, in the end we make the wrong decision. , namely by risking the results we obtained from previous wins in one betting session (all in), for an even bigger win, but instead of getting a win, we actually lost the previous winnings.
And the same goes for when we lose, especially if the losses occur consecutively, which is very annoying and makes us feel a little frustrated about the final result of the bet. Because we are quite emotional about the defeat, in the end we spend some money again, decide to place another bet, just to take revenge for the previous loss, and hope that we will be able to produce a big win that can replace the previous loss. But again, instead of a win coming, the result is that we get another loss.

That's true, because this is also in my opinion a common problem in gamblers, and also gambling can make emotions also peak especially if we ourselves cannot control ourselves well, then the most likely emotions will control ourselves, but it is very clear that Gambling is done with emotions so everything can be messy, with many people who suffer a big loss may be because they cannot control their emotions well, so that the gambling is done with strong emotions, not only in gambling, all Things that are done with emotions certainly tend to end in poor. Of course, when in an emotional state that can occur is a reckless action decision, it is not strange if we make the wrong decision, where the decisions taken tend to be uponing on things that are not good. Therefore we should be able to make a good decision, considering the decision that will be taken that must be done, it is true that what you say might happen is a big risk act like all in, which hopes that a miracle can occur that can reverse everything, But what can be sure is the loss of all that is likely to happen.

Of course, if we get results with a consecutive defeat that can make us upset, thoughts that will encourage emotions to peak because of frustration of the reality of defeat that always occurs. But it cannot be avoided the defeat that is in the future, because it is indeed a thing that will definitely happen in gambling, because the chances of victory that exist is thinner compared to the chances of victory. When getting victory or defeat everything is the same, both things can cause emotions if we take the wrong action. with defeats that occur and uncontrolled emotions, it is likely that we will deposit money back to gambling to pursue life or to restore losses, but of course even so victory cannot be appropriate
legendary
Activity: 3374
Merit: 1922
Shuffle.com
March 06, 2024, 07:38:39 PM
#43
Aside from what the majority said about managing your betting size, having a betting tracker could help suppress those emotions. Instead of making sudden decisions through your emotions, you'll be more aware of your losses and make better decisions once you start tracking your betting activities. Another solution that helped me was remembering one of my many mistakes because I tend to repeat unnecessary mistakes that could have been avoided if I only paid more attention to the bets i'm placing.
hero member
Activity: 882
Merit: 800
March 06, 2024, 06:53:28 PM
#42
How do we regulate our emotions while betting and how important is it?

As gambler I don't think any can handle this part even though we pretends to control it but at later run with can still flash back to what effect it is in our mind, this mostly happens when you don't gamble with the money that you can't afford to lose. Meaning during gambling whatever bets we are placing should be within the amount we can be able to let go while gambling to enable us narrow down our lost while gambling and it's a must thing we have to do to reduce our emotions that is being attached to gambling.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
March 06, 2024, 06:41:05 PM
#41
Emotion can lead to so many mistakes and can also lead someone towards becoming lucky. Some people, after losing a lot in gambling and trying to give up and return home, could just decide to try another luck due to how emotional they are already for past losses, and they could really win on the last bet. Despite the fact that being emotional can sometimes be a positive advantage, the negative result could also be very concerning to the victim. Some gamblers take advantage of their emotions and start chasing after their losses until they finally empty their account.

Gamble with a budget and timetable; have an open mind to accept losses too; don't only put your mind on winning; always keep an eye on your emotions. When it's off, take a break and try again the next day. These can help limit the emotions of gamblers.
hero member
Activity: 1834
Merit: 720
March 06, 2024, 06:29:01 PM
#40
Everyone has emotions, but not everyone is able to control their emotions well. Especially if we talk about gambling, where this activity (gambling) can stimulate our adrenaline which can sometimes make our emotions go up and down, both when we win and vice versa. When we win, sometimes this creates extraordinary euphoria and a strong belief that luck is indeed on our side, thus making us even more ambitious to continue playing, and because we already feel confident enough, in the end we make the wrong decision. , namely by risking the results we obtained from previous wins in one betting session (all in), for an even bigger win, but instead of getting a win, we actually lost the previous winnings.
And the same goes for when we lose, especially if the losses occur consecutively, which is very annoying and makes us feel a little frustrated about the final result of the bet. Because we are quite emotional about the defeat, in the end we spend some money again, decide to place another bet, just to take revenge for the previous loss, and hope that we will be able to produce a big win that can replace the previous loss. But again, instead of a win coming, the result is that we get another loss.
legendary
Activity: 3052
Merit: 1281
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March 06, 2024, 05:59:19 PM
#39

How do we regulate our emotions while betting and how important is it?


One best thing to regulate emotion is by using money that is free of obligations.  Another way is to let go of favoritism.  Yes each one of us has our own favorite team but we must be able to tell the difference between teams, their skills, their current performance, and other factors that can affect the result of the game.  In betting, we should set aside our favoritism, we can cheer for our favorite team but bet on the team that has more chance of winning.

We must not bet when we are intoxicated, this will give us less control over our emotions. We should also be objective or have a goal and stick with it.  This way we are able to ignore/regulate emotions since we have better things in mind to focus on.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
March 06, 2024, 05:57:36 PM
#38
The gambling that don't depend on skills, they don't matter if the person at that moment is sad or not, the person just needs to keep playing, they just need to put money in and start, that's it. There is nothing to analyze, there is nothing that he can create a strategy for, there is no strategy in gambling that do not depend on luck. if the person is lucky then he will win a lot of money, if the person is unlucky then the person will lose. and something very simple. As for gambling that depend on skills, in my opinion it is obligatory for the person to play when they are emotionally well, it makes no sense that a person who is having problems at home, is crying at home, leaves the house crying and stay in a casino playing poker crying and with a sad face

The players who are playing will also warn you not to play and leave, if you persist and lose everything then you shouldn't complain about anything, because you received a lot of warnings and didn't want to listen on purpose. I haven't seen any stories yet of someone saying that they keep placing sports bets when they are sad and have problems in real life, sports bettors know that analyzing a game is something that needs a lot of focus and that they shouldn't include emotions and it doesn't make sense. if the person is going through problems, then wait to solve their personal problems and then they can go back to playing, this is something that thinking people will do
hero member
Activity: 1260
Merit: 765
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March 06, 2024, 05:45:31 PM
#37
How do we regulate our emotions while betting and how important is it?
It is easy to control your emotion while bettingbif you are disciplined and gambling responsibly. What you just need to do is to have a gambling budget and do not let it be more than 1 to 5% of your weekly or monthly income. Assuming you are earning $500 weekly and you are using just 5% to bet which is just $25, that can not affect you financially. But if it will affect you financially, you can go as low as using $5 which is 1% of your income. If you try this, you will see that gambling is good and fun and you will be able to control your emotions. But do not go more than your gambling budget which should be a small amount/percentage from your income which can not affect you financially.
You are right, but to be honest with you, I think the ways of one controlling his or her emotions in gambling is easier said than done, based on my personal experiences by the way.

Gambling is filled with temptation, someone earning $500 weekly or monthly can set out $5 to $25 dollars for gambling and keep the rest for other important thngs, but trust me, there must come a time and day when that gambler will play and lose the $5 or $25 and still feel a very strong urge to still some gamble some more, for winning is just by the corner, and this mostly happens in casino or slot games, the player may then feel like "OK, i still have $475, let me take out $75, and keep $400, which is a round figure", he or she will then start playing again with the $75, which he or she may eventually loss all after some minor wins here and there.

This is something I have personally experienced a couple of times, though I now know how best to deal with such when ever it comes, butt  for the newbie gamblers, it can be very difficult not to fall for such tricks.
We all have hard that experience of not following what we speak or follow our lay down principle when it comes to gambling, this experience is same to almost everyone gambler's at first you get so carried away not to follow your principle and becoming carried way by emotions, but while we grow in gamblywe are able to fine our way around it and fight not to allow emotions into our gambling space because that has always been the root cause of many loses that have been recorded in the past and for that we need to eliminate the  tendency of that in our gambling decisions.

Many times, we need to put up a mechanism that can protect us while gambling and this mechanism should be able to help us to gain the necessary responsibilities that we need in other to make healthy gambling decisions, and this could come from our failure or bad experiences.
legendary
Activity: 2436
Merit: 1008
March 06, 2024, 05:35:20 PM
#36
The factors mentioned are considered human nature. It's normal to feel that way.

Even professional sports bettors still got carried away. Forget controlling those as it's impossible.

Rather than controlling those, the better way should be, to try to manage those. The only way to manage emotions throughout our sports betting experience is to be used on doing sports betting. Regular involvement in sports betting will teach us to adapt how to manage our emotions along the way.
legendary
Activity: 3346
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Leading Crypto Sports Betting & Casino Platform
March 06, 2024, 05:29:48 PM
#35
I think "overconfidence" is what happened to me yesterday.
4th quarter, less than a minute is remaining in the game. Denver Nuggets came back from a 22-point lead of the Suns and they even got the lead in the process. I thought they could win that game so I made a bet for them. Sadly, it continued to over time. That's where they are beaten.

Because of the emotional state of being so happy that my favorite team came back from the dead, I got too confident that they could win that game. It's not a low amount which is why I was so shocked that it's difficult to forget it. They are a good team and they showed it yesterday which is why I tried to back them up by betting for them in the nick of time. In my mind, they will win that game, without even analyzing what the results could be. I guess I could say I was also dragged by the emotional state of the fans when they started the rally to come back.
sr. member
Activity: 756
Merit: 356
March 06, 2024, 05:17:54 PM
#34
How do we regulate our emotions while betting and how important is it?

One way I feel we can regulate our emotions is by gambling responsibly. There are different ways of gambling responsibly. One way is gambling with what we can afford to lose. Secondly, we have to keep our gambling in check, we can place bets on everything, but we have to know what we're used to and stick to it. Try as much as possible not to go beyond your limit in both the money spent on gambling and the time.

When we gamble responsibly, we eliminate a lot of things. When we lose, we'll feel emotions of course, but it won't be that bad because we lost money that we can afford to lose.
When you gamble responsibly you'll understand that gambling is a game of chance. You win not only because you gamble well, but also because you got lucky. So we always have to remember that no matter how well we analyze the bet, luck must be on our side and we know that luck is not something control ourselves and since you have no control over luck, we don't have to be overconfident.
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