Topic: No bet is a waste - page 22. (Read 5420 times)

The problem with gamblers nowadays are; they keep focusing on the reward and they do not give care on the risk or the money that they could lose. If they will wager specific money, they will immediately see themselves winning on the bet that they place and they do not see a situation that they can lose the money that they bet. If they win, of course they will be happy. But if they lose, they will be devasted because the ache of not achieving your expectation is very painful that will lead to more negative emotions like hatred and regret.

Being aware on the risks or being aware on how much money that you could potentially lose if you bet and the bias did not materialized is very important because it helps you and your mind to be prepared in that kind of scenario. If you already foresee it before, then you will not experience any negative emotions. Those professional gamblers have these kind of skills wherein they are aware that anything can happen so they embrace the risks wherein they will stay in neutral state even they have consecutive losses in gambling.

Seeking fun should be the goal in gambling, you cannot do it if you do not fully accept the risks. I really do not recommend someone else to play gambling especially if they are not risk taker and if they do not understand the odds and probabilities of making money.

I would not say that spending on losing your bets provides some special experience, as many people think.  It's just a waste of your money is all.  And the thesis about experience - it just calms the player to some extent from anger because of the loss.  But if we are talking about hundreds of bets, both winning and losing, then here, of course, the experience of the game is already being gained.



And this, of course, is also the right one. 

If a player loses more than he can afford (this is a classic thesis of all experienced players, which they follow!), then after all, then there will definitely be problems with the need to find money somewhere for later life.  If we are talking about a person who supports a family, wife, children, and old parents, then the problem can be very serious.  Because he spends the money necessary for the normal existence of other people.  It turns out he just robs them. 
Well, who in the family can like it or leave it indifferent? 
And then there will inevitably be a scandal. 
Well, who needs all this?

Also even if someone place a bet and lose, not a waste because the gambling site will gain the profit and it also means it is not a waste. But if talking about this in another direction that pertaining to winning and losing, losing is just a waste.

Not only the team but also about the performance of a club, especially in the laste five matches or so.

A team can not continue to win, it would be surprising if it is even a club at the low position on a table that defeat the strongest club. It is just better not to use more than necessary to bet, any bet can go in another direction that we think.

This is pretty hard to believe because there is no kid on here that could believe this claim, how can you place a bet and not lose? That's impossible, gamblers lose more money than they win when it comes to sport betting, it's a gamble where by even the most active football club can lose a match, I do not believe in your "No bet is a Waste" there is no way to know if a football club will win or lose and people have lost a fortune to betting.

You can only increase your chance of winning by staying updated about teams and their activeness but it's still all about prediction which can be right or wrong.

I believe that OP actually means that "No bet is a waste" in the context of gaining experience of one's wins and also one's losses.
In the example you put on the table, I agree that the sport-betting lacks of one of the factors that make it worth to partake in.

Someone would argue that, even if someone does not watch much of the tournament and yet managed to get a win, it would not be a loss at all  

I'm not so sure I can agree with the "no bet is a waste".  I think there are plenty of times and situations where not placing certain bets (or any at all for that matter) is the more prudent thing do do.

For example lets say you're getting ready to gamble on the NCAA college basketball tournament because you like how fun the tournament is, but you didn't really watch college basketball all year.  In this case, I'm not sure how it could be perceived in a good way..therefore I consider it a "wasted bet".

I agree. If you don't have high hopes to gain from your bet and just playing to have fun then your bet is not a waste since your main goal is not to profit. On the other side, if you have high expectation to win and then the outcome is not what you expected it to be, you'll have this regret of wasting your money in gambling because you didn't win.

It just depends how you see it, so if you don't want the idea of losing your money in gambling much better not to try it.

If you are going to trust the game with all your heart and will not expect completely winning then yes there will never be a waste here, because either you win or you enjoy the game.

the only sad thing here is that once the player/gambler wanted to become an instant millionaire and yes this will end in different effect and of course addiction will next to these.

and with this attitude then we will be having a positive thoughts and can decide according to your reliance .
+1 in this behavior .
and the worst is? i after losing more often yet that gambler will continue to chase winning and that will end up a very bad result ..


completely agreed on your views and behavior about how to gamble mate.

I think this depends on someone defining gambling for himself. yes, as you said. no gamble is wasted if one does not gamble only for profit. but some others, have a different definition to what you say. maybe for others, making the profit is part of the fun. therefore, they say that no gamble is wasted. yes, regardless of winning or losing. that gamblers must be well aware of every risk.

Also, the word have fun often becomes a trap for gamblers. that too, which makes gamblers fall into addiction. if, not based on responsibility and understanding of gambling itself. however, actually I agree with what you said. that every bet we make, provides a new experience and every gambler gets it in a different way. well, maybe these words are more appropriate to be associated with no wasted bets.

Just let people think that in gambling, they can make money and let them see the results. After all, if they lose a lot of money, it is because of their own fault because we have warned them that gambling is just for fun and not to make money. We also cannot force them to follow our advice because we are nobody to them. We must protect ourselves from the dangers of gambling addiction by always limiting and controlling ourselves properly to use gambling properly.

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.

It is good for us to always bet on the amount of money that we can afford to lose or else we might become a victim of bankruptcy in we are not careful. Gambling is not supposed to be something we need to do by force or force ourselves on. We gamble to earn more money using what we have to get what we want and it is not going to be wise for us to do that ignorantly without taking the necessary risk before we bet on it. Having team or friends we can predict games together osneven the best so that we can do that without stress.

Yep, i know such guys, some of them are true professionals but i don`t see any emotions from them. The others gamble with emotions and due to it make mistakes. I can`t say the exact numbers, but the first ones get much more profit.


Absolutely right. I gamble when i tired to much. Sometimes when there are problem at work. It helps to relax but in such conditions i havent lots of chances to win. So i bet small money, about 3-4 beer costs.

Since it is for entertainment where real money is used and I agree with it but because of it, the people now think that in gambling they can earn lots of money that results to gambling addiction for some people. I am one of the people who almost become a gambling addict. Luckily, I managed to convince myself that I shouldn't become one as it will only bring trouble and worst going to jail as gambling addicts may cause trouble that may cause in getting to jail.

Entertainment as well as excitement are the main purpose of gambling. And money is established to bridge between these two issues. That is, if the financial issues were not involved here, then people would not be interested in gambling. However, the industry has moved so much in recent times that many have begun to think of gamble as a source of their income. Someone is proceeding according to their goals and some are falling behind. However, if the gambling is generally considered as a field of joy, then there will be no harm to the people even if there is a loss. Because everyone will be allocated for a monthly specific budget in gambling.

Yeah your points are right but I have seen people who are professional gamblers, professional gamblers I mean people who gamble full time, people who their lives solely depends on gambling and they are extremely doing well with their little winnings without necessarily waiting for a jackpot..
Meanwhile there were times when I almost got addicted to gambling possibly as a result of chasing after my losses and in bit to recover all that I've lost which didn't end well but I had to out myself together and re-strategize after I got a job,
I began gambling only when I deem it fit or when I'm too confident of my game atleast 80 percentage sure of my game and this very one has help me cut my losses and made more of wins as I use money I see as spare to do the gambling.

I gamble just once or twice in a week. I use just the amount of money that I can be able to lose and never think about. Sometimes I can just gamble even less frequent, it depends on how season is and if there are good matches to gamble. Everyone are different, before I gamble daily, but I lose more than often until I just determine to quit the addiction and start proper gambling. Regardless of the one you are doing, it is good to gamble less frequently and using small amount for it.

It's true what you say. Small people will not be able to own or build a casino because that requires very large capital unless the little person can win a lot of money from the casino. But I believe that small people can also earn a lot of money if they diligently work and can find many ways to get extra money to save as savings or start other new businesses.

If he could do so, there was a chance that his business would develop slowly. And when the time comes, his business will be more advanced and finally, he will see his business become bigger.