Topic: Out of curiosity, how much you wagered recently? - page 2. (Read 507 times)

Short answer, NO I dont have the chance to compete with other players who own much more money to play than myself.
I did not wager much recently and I will never wager more than I usually do because wagering is not my main purpose in gambling.
For me it is better to wager less but we make small profit than wager more but we make bigger losses.
I have never thought about participating in wagering wars/races because I know my own power, I know my own limit so wagering wars/races will never attract me to wager more than usual.

I don't think we can because we don't have the means compared to these guys who have enough money to wager like that you mentioned, I see to it that I don't compare how I wager it is not the mindset of a responsible, I prefer not to tell or announce my wager because I don't want people to judge me how I play and how much money I've used to wager.
If a friend told me how much they wagered already they would tempt me to a challenge who can wager the more, It is less stressful if people do not know how much you wager, whether I wager huge or small the most important is you are satisfied on your gambling experience.

In short, gamble only the amount you can afford to lose. When it comes to gambling, competition on the amount you spend on betting is not required. Pushing oneself out of the box will only lead to having debts or maybe selling assets just to continue to provide for own gambling.

The money you can spend on gambling should be aligned with your financial state. The other people may be capable to gamble a few thousand dollars without second thoughts, but it's not fit for everyone.

Spending $14 billion in gambling is like wagering whole of my clans future. 😅 I can't even afford to lose $100 in gambling how much more spending billions just to win in an online crypto gambling platform. It could be that the said streamer is chasing the loss he had.

We can compete if we have those kind of money to gamble but there are people that do not want to compete in those kind of events because they have a risk that if you lose, you'll be sleeping in the sidewalk or they just don't have that amount. I don't want also to join in this kind of stuff but if we do have tons of money trillions and we don't know how to spend it then for sure it will be easy to win those kind of stuff. But why this kind of event takes place is this for boasting or for fame in social media?

I agree with your assumption buddy, it is true after all even though for example other people have a way that can make them win it will not be able to succeed if you follow the way like them, although it can help you a little but still in the end it will refer to your own luck, so maybe you have also heard that every gambler has a different way of gambling, I think it's because they believe that the powerful way used by others does not necessarily work for them.

Especially in terms of budget, never follow the amount of budget that other gamblers put for example other people put a larger amount, it will not be any good if the final result still depends on luck. Therefore, I hope you always use money that is balanced with your financial condition, or that means putting money that you can be responsible for whatever the results are, with that I am sure you will not experience things that are not wanted. And also yes as you said that everyone has different financial strengths, therefore you must be able to consider making the right decisions, especially in choosing the level of risk, try it according to your ability.

It's a common misperception that those who have a lot of money can easily get their lost money back or recover their losses when in reality, it doesn't work that way. If it was possible, everyone would take loans and borrow money and use that money to earn millions of dollars from gambling by starting lower, and then if they had lost, would recover the lost money since they have a large bankroll, and if that was possible, casino businesses wouldn't be profitable and gambling would have vanished from the history forever because no one would create and set a platform for us to earn money from it that they will pay from their pockets.

So, even the ones that have a lot of money can lose everything they have if they gamble recklessly. Even if they don't lose everything, they won't always be able to recover their losses because when they try to do that, they will start losing more and if they don't stop on time, they will have to lose everything eventually.

In my opinion, when gambling, you need to look less at other gamblers, especially those whose bets in the hundreds and thousands of times can exceed your bet. If you make a bet of $100 and it makes you nervous, a rich gambler at such a bet will not have any feelings. Each of us has a different level of income, so we all have different risks regarding the same bet. That is why the gambler who has more money is forced to make big bets.

Again some random dude showing us an extreme example. You don’t need to compete against them it is pointless. I think you should find yourself a different hobby. Obviously you are obsessed with other people’s money and that’s not the healthiest thing to do. There will always be someone richer than you out there and you can’t beat them all. Accept this and move on. Your life will improve instantly. Do you also get mad because Warren Buffett has a hundred billion dollars? Do you want to compete with him? A healthy person doesn’t do that. You should get back to your own reality and live there. Billionaires live in another planet that you ain’t there.

People should not expect that they can earn a lot of money from gambling and they possibly became rich since the chance of getting into that status is so slim since they can only reach that condition if they are lucky enough to win a mega jackpot prize on lottery. But for solely gambling on a site maybe they can't expect that to happen knowing that its hard to have a long win streak on gambling.

Maybe some people have an expectation like that since they see whales betting a lot of money in single bets. But reality that money is the one they can afford to lose so expect that this reach people is just having fun with no intention to earn huge since most of the time this people gamble just to have fun or test out their luck for that day. If you also mean those big  celebrities and stream their casino sessions then maybe we can't expect any intention to win since most of them are just for hype since they are been hired for marketing so lets erase the thougt's that we can possibly became rich the same with them since that's not gonna happen and instead we should look at them as for entertainment factor since we could really have fun watching them.

Those who have a lot of money, of course, for them, getting a big win is their main goal, so you can see how they bet, which looks like they are reckless, but when they do that, they also need calculations and luck because it is not easy to believe in every bet they bet, let alone using a lot of money. There is a big possibility that they could lose that money, however, don't confuse them with poor gamblers or those from the lower middle economic class.

I also prefer betting where the odds are more certain and clear, which is different from those who have a lot of money where it is possible for them to easily get that money back, whereas I gamble only using the remaining unused money which is also less than them so even though If I lose, I won't experience the same level of stress as them. After all, gambling should be with money that we are ready to lose, don't follow their style if we are poor people 

That's true because rich people already have other places that can give them more money than they spend on gambling. They just come to the casino to have fun and spend their time without having any intention of making money. If they earn money from gambling, they will spend it on fun because they want to relax with their money. They no longer think much about gambling because by having fun gambling, they can socialize with other people, including their business partners.

Rich people and us have different goals in gambling but we can follow them by using gambling as entertainment so that we will not try to chase winnings. We just need to enjoy gambling and immediately stop gambling when we have had enough because we don't have much money to gamble and that is different from rich people who already have money to spend on gambling.

Rich people who have many businesses may also have gambling businesses because they know that many people want to spend their money by gambling so they will make their best place into a casino and invite many gamblers. And these rich people, even though they gamble, they always remember that gambling is just entertainment and nothing more so they can control their gambling. Even though they have already spent a lot of money, it is the amount they can afford to gamble so they still have more money. They don't think about winning or losing but what they think about is how they can have fun from gambling.

They truly understand the risks of gambling and will not gamble more than the amount of money they can afford so that when they go home, they still have more money. They can earn even more money from their other businesses so it is not a big problem for them to use a lot of money for gambling. But those of us who are just small gamblers must understand that we are different from these rich people and we must always limit the amount of money for gambling.

I agree with you that most rich people make money from business they build and they use gambling only as a place to have fun without involving the feeling of making money from there, after all rich people come into gambling are able to understand and accept it all forms of risk so that when they experience defeat it is not something they are afraid of and they can always bet with money that they feel is not big.
Even though there are some gamblers among celebrities or people who are quite popular and bet large amounts, they bet just to get hype or become a topic of conversation in order to become more famous.
And people with more wealth always bet on certain bets.

If you look at how they bet, it is very different from us, who are just small gamblers who always expect more certain opportunities in every bet.

You're absolutely right; wealthy people frequently bet for excitement rather than financial gain. They own assets, investments, businesses, you name it. They view gambling as a drop in the ocean compared to their revenue streams, which are more akin to rivers. Their bank accounts and wallets are thicker, therefore they can afford to lose

Let's talk about the average Joes and Janes now (which apparently are us). When we visit casinos or gamble online, we engage in a distinct kind of gaming. Despite the fact that the odds are stacked against us, our goal is to succeed and turn a profit. Success in gambling is extremely difficult to achieve. The games are made to ensure that we lose more often than we win, giving the house the advantage at all times

The thing is, though, we can approach it intelligently. We are able to select games with the best odds, set limitations, and adhere to a budget. While none of us can be wealthy, we may all play it wise. We are here to win, no matter how unlikely the outcome may be. It's important to play the game with an open mind, understand the dangers involved, and be ready to lose just as much as win

Yes, basically rich people use gambling to have fun, not to make money because they have a business that promises more income, because in gambling you don't have a certain income because you will only experience significant losses.
We should not think too much about rich people in betting when gambling because they use it to have fun, unlike us, we have a different goal, namely getting a win or profit, even though it is difficult to achieve, it cannot be denied that we use gambling with that goal.

14 bn USD? What the hell, how do you even come up with such kind of money. These are sums where I wouldn't even Jeff Bezos or Elon Musk expect to get close to. Either he is an exceptional good or lucky gambler or something else is going on. Why not just take 1 bn out of it and your whole family never has to work a single day in their life. I don't feel that there is a real wagering war, every gambler should bet the money he is comfortable with and feel threatened by other gamblers. For me gambling is something personal between me and the casino, not between me and the public. Usually I only have 100 USD at the casino, everything more than that is unnecessary and only makes the risk higher for me to bet more money than my limit allows. So it's funny to see such gamblers but has no effect on my own wagers.

Average gambler! Some countries in this universe need that kind of amount to bring back their economies. The amount that has been wagered is $14 billion. I doubt he got that all by himself as being an influencer you get a lot of sponsorship. It is out of question that an average gambler can wager such an amount or compete with such gamblers. He has taken gambling to another level which we cannot afford to do in this life span.

Rich people don't make money from gambling but they have a lot of businesses that can make them more money than the money used for gambling. They are also famous for their generosity as they often donate part of their income to charities to keep their life in balance. They use gambling just to have fun with their business partners or when they want to collaborate with new business partners. They can really use gambling as a place to entertain themselves and get pleasure as well as get new business from new business partners. Meanwhile, we hope to make money from gambling by using more money.

I don't think average gamblers have any chances. The length of time they would put on this to compete against whales is just worthless, because what you take weeks or even months to wager, those whales place in a single day! Money talks in gambling and those who have the largest bankrolls will always have the advantage against everyone else. I believe we have to accept our limits, so we don't put so much effort in worthless challenges and tasks which won't reward us anything after all, rather they will only generate loss and frustration. Let the whales play against whales. Choose wisely who you are going to compete against.

Rich people tend to want to spend their money on a spree to have fun and gambling doesn't escape their attention, it's a bit ridiculous but that's the reality, I doubt they use gambling to make money and in my opinion they use it to satisfy their desire to just have fun.
we have more important needs than just gambling, so yes, we have to be able to make the best use of gambling and limit expenses so that we avoid bad things, apart from that, we also have to understand that gambling can have negative effects if we can't control ourselves. .