No bet is a waste - page 19. | Bitcointalksearch.org

mak013

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Quote from: Mr.right85 on April 18, 2023, 06:52:50 PM

Quote from: Peanutswar on April 14, 2023, 10:40:05 AM

People with a limited amount of money and expecting to get a win with their gambling activity have the less chance of winning not all the time there's a good run with the gambling and once you didn't hit the profit in the particular game there's no chance to make a comeback unless you will quit the game because you are lack of resources that why gambling is for the rich too because they have a lot of money to spend without getting bothered with their balance and they can make more games to have higher chance to win the game with the number of possible games to play.

People with limited funds but still go into gambling have got just one thing on there mind, to win and win at all cost. Unfortunately, the odds to gambling is something you can't control and one can lose even on there best bet. This makes gambling with limited funds quite dangerous as, you definitely don't want to lose what ever money you put out but, being desperate means, your at a high risk of losing that money.

One might have some edge when it comes to sporstbet as, some knowledge of the game is usually helpful but for casino gambling, it's a different story as, your knowledge of the game matters really less and the most you could rely on is luck and how many turns you could go to find that luck.

I don`t sure but i think that it is possible that such gamblers make the main profit of the casino. They try to win until they lose all their money. They increase odds, risk without any money management and as a result lose everything. Gamblers that visiting casino to get fun - just spend some time and some sum and stops. Probably stops even if they win.

Mr.right85

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Quote from: Peanutswar on April 14, 2023, 10:40:05 AM

People with a limited amount of money and expecting to get a win with their gambling activity have the less chance of winning not all the time there's a good run with the gambling and once you didn't hit the profit in the particular game there's no chance to make a comeback unless you will quit the game because you are lack of resources that why gambling is for the rich too because they have a lot of money to spend without getting bothered with their balance and they can make more games to have higher chance to win the game with the number of possible games to play.

People with limited funds but still go into gambling have got just one thing on there mind, to win and win at all cost. Unfortunately, the odds to gambling is something you can't control and one can lose even on there best bet. This makes gambling with limited funds quite dangerous as, you definitely don't want to lose what ever money you put out but, being desperate means, your at a high risk of losing that money.

One might have some edge when it comes to sporstbet as, some knowledge of the game is usually helpful but for casino gambling, it's a different story as, your knowledge of the game matters really less and the most you could rely on is luck and how many turns you could go to find that luck.

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Quote from: LUCKMCFLY on April 18, 2023, 01:21:05 PM

Quote from: Desmong on April 03, 2023, 06:21:53 AM

If op mean what he had written then that is just his opinion. No betting is a waste and he had taken so many things in consideration that is why he thinks no bet is a waste, maybe it's an opportunity to better our trading arsenal to a level that it will be more suitable for us. Making loses it not bad but it's only to tell us to make better decision next time when we make bets.

You have to know betting well, I know that sports and the emotion of placing bets is enough, but we must also recognize that betting, at least sports betting, has a lot to do with our wise decision, that if we fail it is our fault and not of the casino or of another type of manipulation, partly for this reason that the players like it a lot, because in a normal casino game, sometimes it depends on the luck of the player, although I do not deny it, there are sports bets that Luck makes a lot of emphasis, but with respect to normal casino games, such as slots, luck and the way of betting influence a lot.

Luck do always play a major or great role when it comes to betting or gambling on which it would really be something you would be needing if we do speak about winning neither you are dealing with something that
is strategic based or luck based ones but we are able to determine on which one would be needing that huge the most. Bet accordingly into your interest and choice and when it comes on what type of games we would really be that involving then its up to ours. Its our money would be used up which it is really just that we do have the full rights on what we would be choosing up.

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Quote from: Desmong on April 03, 2023, 06:21:53 AM

If op mean what he had written then that is just his opinion. No betting is a waste and he had taken so many things in consideration that is why he thinks no bet is a waste, maybe it's an opportunity to better our trading arsenal to a level that it will be more suitable for us. Making loses it not bad but it's only to tell us to make better decision next time when we make bets.

You have to know betting well, I know that sports and the emotion of placing bets is enough, but we must also recognize that betting, at least sports betting, has a lot to do with our wise decision, that if we fail it is our fault and not of the casino or of another type of manipulation, partly for this reason that the players like it a lot, because in a normal casino game, sometimes it depends on the luck of the player, although I do not deny it, there are sports bets that Luck makes a lot of emphasis, but with respect to normal casino games, such as slots, luck and the way of betting influence a lot.

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Quote from: nimogsm on April 14, 2023, 08:40:09 AM

Quote from: uche6215 on April 12, 2023, 02:51:31 PM

Yes, is true that people gamble for fun but the other thing here is that all gambling companies are out for progress (money) and they want people to come and gamble so they might lose much and win little, I conclude that people who gambled for fun are the rich guys and not the poor ones, rich guys sometimes want to just keep their self busy by doing something and some of the rich gamblers go into gambling, not because of the interest that they might get but because of the fun and they have forgotten that bet companies are using them to make money.
The poor guys go into gambling because of the interest they want from in and this makes me to say that most of them get more worried when ever they loss small money on gambling but some times it's favoured them.

Most likely, the poor often go to gambling because they want to catch a chance to change their financial situation. I also noticed that for people who love gambling, it often becomes a way of life when all their free time and finances are spent on games, this is something even similar to addiction.And players with money rarely think about whether the casino earns on them for such players, the process is more important than winning.

it is not just poor people but people who rely and think they can earn from gambling. Gambling is not bad but sometimes we need to know what we are doing so that we don't earn up losing big due to our greed to ignorance. As a gambler, it is good for us to have other sources of income apart from betting so that even when we keep making losing, there is still hope that we can live our normal life without bothering ourselves on how to feed and pay our bills. Having a side work apart from betting is the bet choice we can make so far that Will not affect us.

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Quote from: nimogsm on April 14, 2023, 08:40:09 AM

Quote from: uche6215 on April 12, 2023, 02:51:31 PM

Yes, is true that people gamble for fun but the other thing here is that all gambling companies are out for progress (money) and they want people to come and gamble so they might lose much and win little, I conclude that people who gambled for fun are the rich guys and not the poor ones, rich guys sometimes want to just keep their self busy by doing something and some of the rich gamblers go into gambling, not because of the interest that they might get but because of the fun and they have forgotten that bet companies are using them to make money.
The poor guys go into gambling because of the interest they want from in and this makes me to say that most of them get more worried when ever they loss small money on gambling but some times it's favoured them.

Most likely, the poor often go to gambling because they want to catch a chance to change their financial situation. I also noticed that for people who love gambling, it often becomes a way of life when all their free time and finances are spent on games, this is something even similar to addiction.And players with money rarely think about whether the casino earns on them for such players, the process is more important than winning.

People with a limited amount of money and expecting to get a win with their gambling activity have the less chance of winning not all the time there's a good run with the gambling and once you didn't hit the profit in the particular game there's no chance to make a comeback unless you will quit the game because you are lack of resources that why gambling is for the rich too because they have a lot of money to spend without getting bothered with their balance and they can make more games to have higher chance to win the game with the number of possible games to play.

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Quote from: uche6215 on April 12, 2023, 02:51:31 PM

Yes, is true that people gamble for fun but the other thing here is that all gambling companies are out for progress (money) and they want people to come and gamble so they might lose much and win little, I conclude that people who gambled for fun are the rich guys and not the poor ones, rich guys sometimes want to just keep their self busy by doing something and some of the rich gamblers go into gambling, not because of the interest that they might get but because of the fun and they have forgotten that bet companies are using them to make money.
The poor guys go into gambling because of the interest they want from in and this makes me to say that most of them get more worried when ever they loss small money on gambling but some times it's favoured them.

Most likely, the poor often go to gambling because they want to catch a chance to change their financial situation. I also noticed that for people who love gambling, it often becomes a way of life when all their free time and finances are spent on games, this is something even similar to addiction.And players with money rarely think about whether the casino earns on them for such players, the process is more important than winning.

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Quote from: klidex on April 13, 2023, 02:01:22 AM

Quote from: Bushdark on April 12, 2023, 06:39:45 PM

Quote from: uche6215 on April 12, 2023, 02:51:31 PM

Yes, is true that people gamble for fun but the other thing here is that all gambling companies are out for progress (money) and they want people to come and gamble so they might lose much and win little, I conclude that people who gambled for fun are the rich guys and not the poor ones, rich guys sometimes want to just keep their self busy by doing something and some of the rich gamblers go into gambling, not because of the interest that they might get but because of the fun and they have forgotten that bet companies are using them to make money.
The poor guys go into gambling because of the interest they want from in and this makes me to say that most of them get more worried when ever they loss small money on gambling but some times it's favoured them.

The rich folks do not struggle compared to the way an ordinary gambler that all his income is dependent on gambling profit would gamble. Some persons are not even interested whether the pattern of there gambling activities will affect in the future or not.
They gamble for the fund and how to make more money without the consciousness of having a strategy that works that will make them have more successful gambling lifestyle.
No matter the kind of gambler that we are, we should always take the safety guidelines so that we will not harm ourselves at the long run.

Yes, you are right, gamblers who bet for fun, in the end they also hope to win, but it's just a different mindset from gamblers who really hope to multiply their money.
Gamblers who bet for fun really expect a win to get more money to last longer in gambling.
In contrast to gamblers who bet hoping to win by multiplying money at gambling and when he loses at gambling he must think that his bet is just a waste.

actually you have the idea mate people who think that in gambling thier money got doubled or else more, then once they fail they will see thier money lost and waste but if a gambler gamble for fun only then theres a doubt that they will gamble again. And they don't think that thier loss is a waste. But in reality there no waste in gambling because once you win then theres another gambler losser but if you loss then another gambler win. So in gambling it's look like the exchanging parts cause sometimes you will win sometimes loss.

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Quote from: Mauser on April 04, 2023, 03:40:14 AM

Quote from: tusandii on April 04, 2023, 01:13:35 AM

Quote from: Alisha-k on April 04, 2023, 12:25:14 AM

Quote from: Desmong on April 03, 2023, 06:21:53 AM

If op mean what he had written then that is just his opinion. No betting is a waste and he had taken so many things in consideration that is why he thinks no bet is a waste, maybe it's an opportunity to better our trading arsenal to a level that it will be more suitable for us. Making loses it not bad but it's only to tell us to make better decision next time when we make bets.

making a lose isn't bad, but when you begin to make losses, it's bad and it becomes a waste because, that only means you aren't calculative about your moves.

Losses are a bad result in gambling because we lose some money.
However, from defeats we can learn that the actions we took before were wrong and need to be corrected again so that in the future when playing or betting we will no longer experience losses, it's just that most gamblers forget this and don't want to learn from past mistakes.
In gambling experience and intelligence are the most important aspects after luck to be able to get a win so every wise gambler when they have a bad experience will be careful and think more about ways to minimize the amount of loss.
So don't ever think that losing is the worst thing.

It's true that a loss is not the worst thing in gambling and we shouldn't focus too much on it, because it can't be avoided. Losing is part of gambling as is winning. We can't have the one without the other one. The longer we gamble the higher the chance that we will make a loss eventually, there is no gambler that wins a 100% of his bets. That's why we need a system to deal with losses and not get emotional attached too much to our gambling. We shouldn't feel bad about things that can't be avoided and rather try go learn from them. The main question should be if the losses could have been avoided or are part of our strategy. Most strategies are in the 40-50% chances, which makes losses quite common. Another question should be how we react after a big loss, it's important not to fall into a tilt mindset and gamble more reckless afterwards and even lose more money.

There is no system for dealing with losses, friend.
What can overcome and control losses is ourselves, who have to do it, such as setting limits when betting, controlling emotions, managing finances, and always withdrawing capital every time we win so that for the next bet we can use the winning money so that if we lose, what we lose isn't the money we have ourselves but the winning money.
Try to improve yourself in gambling, friends, because only we ourselves can process profits or losses.

klidex

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Quote from: Bushdark on April 12, 2023, 06:39:45 PM

Quote from: uche6215 on April 12, 2023, 02:51:31 PM

Yes, is true that people gamble for fun but the other thing here is that all gambling companies are out for progress (money) and they want people to come and gamble so they might lose much and win little, I conclude that people who gambled for fun are the rich guys and not the poor ones, rich guys sometimes want to just keep their self busy by doing something and some of the rich gamblers go into gambling, not because of the interest that they might get but because of the fun and they have forgotten that bet companies are using them to make money.
The poor guys go into gambling because of the interest they want from in and this makes me to say that most of them get more worried when ever they loss small money on gambling but some times it's favoured them.

The rich folks do not struggle compared to the way an ordinary gambler that all his income is dependent on gambling profit would gamble. Some persons are not even interested whether the pattern of there gambling activities will affect in the future or not.
They gamble for the fund and how to make more money without the consciousness of having a strategy that works that will make them have more successful gambling lifestyle.
No matter the kind of gambler that we are, we should always take the safety guidelines so that we will not harm ourselves at the long run.

Yes, you are right, gamblers who bet for fun, in the end they also hope to win, but it's just a different mindset from gamblers who really hope to multiply their money.
Gamblers who bet for fun really expect a win to get more money to last longer in gambling.
In contrast to gamblers who bet hoping to win by multiplying money at gambling and when he loses at gambling he must think that his bet is just a waste.

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Quote from: uche6215 on April 12, 2023, 02:51:31 PM

Yes, is true that people gamble for fun but the other thing here is that all gambling companies are out for progress (money) and they want people to come and gamble so they might lose much and win little, I conclude that people who gambled for fun are the rich guys and not the poor ones, rich guys sometimes want to just keep their self busy by doing something and some of the rich gamblers go into gambling, not because of the interest that they might get but because of the fun and they have forgotten that bet companies are using them to make money.
The poor guys go into gambling because of the interest they want from in and this makes me to say that most of them get more worried when ever they loss small money on gambling but some times it's favoured them.

actually what I wanna believe is that there are no one who truly gamble for fun, because even if we truly wanted to have fun still we are looking forward to win so we can enjoy more? that means we also want to win and not just to have fun.
but the sense of your thread is correct and that is no bet are wasted because either we have fun while playing even if we lose,, or we will go home with take home money.

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Quote from: Casdinyard on March 29, 2023, 01:59:41 PM

No bet is a wasted bet if you're not betting to gain profits. The distinction here is that you'll have to be playing for fun, which I would argue is the best way you could gamble as it does not put the unnecessary pressure of winning the money over your shoulder. Therefore giving you a clearer head and better decision making. Every bet provides novel experiences that you could only experience from that particular stake. be it a win or a lose it definitely imparts something really remarkable, this is why we could talk about our best and worst bets in the first place.

Well there you are absolutely right, for me making a bet under pressure is something that does not work, apart from doing it that way and if the player is only looking to win, it will be much more difficult to find or reach that objective, in general We as players must have a different perspective on the game, we cannot think about what we are going to win, we must think about the money we are willing to lose, in a casino we cannot build castles in the air because the blow would be very hard when things go wrong,for that reason it is necessary to be more realistic, and when you play, you have to enjoy yourself and not think about whether you will win.

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Quote from: uche6215 on April 12, 2023, 02:51:31 PM

Yes, is true that people gamble for fun but the other thing here is that all gambling companies are out for progress (money) and they want people to come and gamble so they might lose much and win little, I conclude that people who gambled for fun are the rich guys and not the poor ones, rich guys sometimes want to just keep their self busy by doing something and some of the rich gamblers go into gambling, not because of the interest that they might get but because of the fun and they have forgotten that bet companies are using them to make money.
The poor guys go into gambling because of the interest they want from in and this makes me to say that most of them get more worried when ever they loss small money on gambling but some times it's favoured them.

The rich folks do not struggle compared to the way an ordinary gambler that all his income is dependent on gambling profit would gamble. Some persons are not even interested whether the pattern of there gambling activities will affect in the future or not.
They gamble for the fund and how to make more money without the consciousness of having a strategy that works that will make them have more successful gambling lifestyle.
No matter the kind of gambler that we are, we should always take the safety guidelines so that we will not harm ourselves at the long run.

uche6215

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Yes, is true that people gamble for fun but the other thing here is that all gambling companies are out for progress (money) and they want people to come and gamble so they might lose much and win little, I conclude that people who gambled for fun are the rich guys and not the poor ones, rich guys sometimes want to just keep their self busy by doing something and some of the rich gamblers go into gambling, not because of the interest that they might get but because of the fun and they have forgotten that bet companies are using them to make money.
The poor guys go into gambling because of the interest they want from in and this makes me to say that most of them get more worried when ever they loss small money on gambling but some times it's favoured them.

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Quote from: Outhue on April 04, 2023, 08:01:41 AM

Quote from: AicecreaME on April 04, 2023, 06:57:38 AM

Quote from: Mauser on April 04, 2023, 03:40:14 AM

It's true that a loss is not the worst thing in gambling and we shouldn't focus too much on it, because it can't be avoided. Losing is part of gambling as is winning. We can't have the one without the other one. The longer we gamble the higher the chance that we will make a loss eventually, there is no gambler that wins a 100% of his bets. That's why we need a system to deal with losses and not get emotional attached too much to our gambling. We shouldn't feel bad about things that can't be avoided and rather try go learn from them. The main question should be if the losses could have been avoided or are part of our strategy. Most strategies are in the 40-50% chances, which makes losses quite common. Another question should be how we react after a big loss, it's important not to fall into a tilt mindset and gamble more reckless afterwards and even lose more money.

I have to agree with this. For me, the worst thing that could ever happen to you while gambling is being addicted to it resulting to not knowing how to take control of your life.

Losing is indeed part of gambling. The moment you decided to take the risk, you were open to all of the possibilities that may come along your way and that includes losing. Winning and losing come together. It's a 50/50 chance where you can be on the winning edge for exerting much effort such as honing your skills and learning new knowledge for the betterment of your decision making and strategy and a combination of luck. You can prevent losing by being prepared and knowing the ways how to beat the casino (for games which is skill based or even sports betting). If you will just impulsively bet without thinking, there's a high chance you will lose because you let your guard down especially if the game isn't luck-based after all.

In gambling, you need to be wise and lucky. You have to think of new strategies and techniques for your own advantage.

Honestly, can gambling be seen as a 50/50 playing ground? My opinion is no, because the chances of losing are higher than those of winning, which is why I just gamble for fun nowadays. I've tried almost all the big online casinos myself, but the luck factor is very low, so I prefer skill-based games instead of luck-based games. The 60/40 rating is a good fit or rating for online gaming when it comes to winning and losing, in which 60 is the chance of losing and 40 is the chance of winning.

I too gamble for fun, and I try not to gamble often, since the less you gamble, the more intriguing the match you bet on. For me now the main problem is to find good leagues in sports, since not all leagues are interesting to bet on due to huge number of gamblers...

Outhue

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Quote from: AicecreaME on April 04, 2023, 06:57:38 AM

Quote from: Mauser on April 04, 2023, 03:40:14 AM

It's true that a loss is not the worst thing in gambling and we shouldn't focus too much on it, because it can't be avoided. Losing is part of gambling as is winning. We can't have the one without the other one. The longer we gamble the higher the chance that we will make a loss eventually, there is no gambler that wins a 100% of his bets. That's why we need a system to deal with losses and not get emotional attached too much to our gambling. We shouldn't feel bad about things that can't be avoided and rather try go learn from them. The main question should be if the losses could have been avoided or are part of our strategy. Most strategies are in the 40-50% chances, which makes losses quite common. Another question should be how we react after a big loss, it's important not to fall into a tilt mindset and gamble more reckless afterwards and even lose more money.

I have to agree with this. For me, the worst thing that could ever happen to you while gambling is being addicted to it resulting to not knowing how to take control of your life.

Losing is indeed part of gambling. The moment you decided to take the risk, you were open to all of the possibilities that may come along your way and that includes losing. Winning and losing come together. It's a 50/50 chance where you can be on the winning edge for exerting much effort such as honing your skills and learning new knowledge for the betterment of your decision making and strategy and a combination of luck. You can prevent losing by being prepared and knowing the ways how to beat the casino (for games which is skill based or even sports betting). If you will just impulsively bet without thinking, there's a high chance you will lose because you let your guard down especially if the game isn't luck-based after all.

In gambling, you need to be wise and lucky. You have to think of new strategies and techniques for your own advantage.

Honestly, can gambling be seen as a 50/50 playing ground? My opinion is no, because the chances of losing are higher than those of winning, which is why I just gamble for fun nowadays. I've tried almost all the big online casinos myself, but the luck factor is very low, so I prefer skill-based games instead of luck-based games. The 60/40 rating is a good fit or rating for online gaming when it comes to winning and losing, in which 60 is the chance of losing and 40 is the chance of winning.

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Quote from: Mauser on April 04, 2023, 03:40:14 AM

It's true that a loss is not the worst thing in gambling and we shouldn't focus too much on it, because it can't be avoided. Losing is part of gambling as is winning. We can't have the one without the other one. The longer we gamble the higher the chance that we will make a loss eventually, there is no gambler that wins a 100% of his bets. That's why we need a system to deal with losses and not get emotional attached too much to our gambling. We shouldn't feel bad about things that can't be avoided and rather try go learn from them. The main question should be if the losses could have been avoided or are part of our strategy. Most strategies are in the 40-50% chances, which makes losses quite common. Another question should be how we react after a big loss, it's important not to fall into a tilt mindset and gamble more reckless afterwards and even lose more money.

I have to agree with this. For me, the worst thing that could ever happen to you while gambling is being addicted to it resulting to not knowing how to take control of your life.

Losing is indeed part of gambling. The moment you decided to take the risk, you were open to all of the possibilities that may come along your way and that includes losing. Winning and losing come together. It's a 50/50 chance where you can be on the winning edge for exerting much effort such as honing your skills and learning new knowledge for the betterment of your decision making and strategy and a combination of luck. You can prevent losing by being prepared and knowing the ways how to beat the casino (for games which is skill based or even sports betting). If you will just impulsively bet without thinking, there's a high chance you will lose because you let your guard down especially if the game isn't luck-based after all.

In gambling, you need to be wise and lucky. You have to think of new strategies and techniques for your own advantage.

len01

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Quote from: LUCKMCFLY on April 02, 2023, 03:42:59 PM

Quote from: piebeyb on April 02, 2023, 07:52:16 AM

Quote from: len01 on April 02, 2023, 06:53:25 AM

if a gambler who is responsible for his betting will not actually become addicted to gambling. because of the addictive mindset because they always think they are greedy or expect something big to get from gambling. whatever the win, gambling addicts will not feel satisfied and keep looking for bigger wins.
therefore if a gambler is able to control himself in gambling he will definitely not be miserable and can manage the finances used for gambling.
on the other hand, if gamblers are able to control themselves, of course, no matter how much they win, they will immediately stop and enjoy their victory. so that no one feels in vain when they can control themselves not to be greedy.

that's why before playing gambling you should make sure that we can control ourselves in playing also control the money in betting, sometimes when we can control it of course we won't fall into becoming a gambling addict and the most important thing is to be consistent with wins you don't need to win big, make it a habit to be consistent with daily wins even if they are small. that method can make anyone an easygoing gambler

Well, that's why you always have to start from the fact that when you enter the casino you Shouldn't always have what you haven't won, only the only Accounts you should take are how much money you're going to lose, because that's just safer not what will be earned, so a Responsible person when he calculates what he is willing to lose has no regrets or stress because he knows and Understands that the money he is allocating is for his Amusement, it is what is known, otherwise it is not nothing is certain, now if the Person wins it is something else, maybe a touch of luck is not bad at all.

planning a budget for gambling is what it does best. At this stage the gambler can plan a budget for betting, of course he can control himself to stick to his own budget and not spend more than that so that when he loses he will never really regret it.
even though the gambler can control it all, there is still a possibility that the gambler can become a gambling addict. but that's okay because even if you become a gambling addict but you can control yourself and all your money not to be greedy, the gambler will become a regular gambling addict.

well, this is what novice gamblers must try who must learn to control themselves to plan a budget for gambling and stick to the commitments that have been formed.

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Quote from: BitDane on March 09, 2023, 05:28:48 PM

I agree that no bet is a waste. My reason behind is that every bet we have the chance to win. Just like betting in lottery, our ticket has a chance to win the jackpot price no matter how small it is. Thinking that a $0.5 bet can win more than $20k is a good reason enough to gamble such amount. And I think it is worth to try than letting the chance or opportunity to hit a jackpot since $0.5 can't make us any poorer but hitting $20k+ is a life changer especially to a gambler from a developing country.

there's a chance of winning but do we get to win all the time??? It's true sha, no bet is a waste cause if you play and win, then it's to your advantage but if you play to loss, it's an experience for a better play.

Mauser

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Quote from: tusandii on April 04, 2023, 01:13:35 AM

Quote from: Alisha-k on April 04, 2023, 12:25:14 AM

Quote from: Desmong on April 03, 2023, 06:21:53 AM

If op mean what he had written then that is just his opinion. No betting is a waste and he had taken so many things in consideration that is why he thinks no bet is a waste, maybe it's an opportunity to better our trading arsenal to a level that it will be more suitable for us. Making loses it not bad but it's only to tell us to make better decision next time when we make bets.

making a lose isn't bad, but when you begin to make losses, it's bad and it becomes a waste because, that only means you aren't calculative about your moves.

Losses are a bad result in gambling because we lose some money.
However, from defeats we can learn that the actions we took before were wrong and need to be corrected again so that in the future when playing or betting we will no longer experience losses, it's just that most gamblers forget this and don't want to learn from past mistakes.
In gambling experience and intelligence are the most important aspects after luck to be able to get a win so every wise gambler when they have a bad experience will be careful and think more about ways to minimize the amount of loss.
So don't ever think that losing is the worst thing.

It's true that a loss is not the worst thing in gambling and we shouldn't focus too much on it, because it can't be avoided. Losing is part of gambling as is winning. We can't have the one without the other one. The longer we gamble the higher the chance that we will make a loss eventually, there is no gambler that wins a 100% of his bets. That's why we need a system to deal with losses and not get emotional attached too much to our gambling. We shouldn't feel bad about things that can't be avoided and rather try go learn from them. The main question should be if the losses could have been avoided or are part of our strategy. Most strategies are in the 40-50% chances, which makes losses quite common. Another question should be how we react after a big loss, it's important not to fall into a tilt mindset and gamble more reckless afterwards and even lose more money.

Topic: No bet is a waste - page 19. (Read 5420 times)