Topic: Patience can help alot - page 22. (Read 2881 times)

          -   It means that when we gamblers know to limit our gambling level when playing in a casino, we can apply proper self-control and discipline to ourselves as well. Then the small budget is better, I agree with what you said.

Because of that small budget, when you are lucky, the small amount you gamble can grow. And when you lose, it doesn't hurt your pocket as a gambler, so it's actually a good practice.

Not just gambling, if you don't have enough courage in any work, then you will never be successful from that place, but in gambling, you need more patience and even emotion control, then you can profit from gambling.

Also, if you believe you have high chance of winning such bet, hence, not going to the route of cashing out.
Some people are also cashing out for the reason that they don't want to go home with zero funds in their pocket.
This decision entirely depends on the bettor himself, depending on his financial considerations and the likelihood to win such bet.
This for me is actually one good feature of the bookie, at least, give a chance to the bettor to change his mind before the game is over.
Even if the amount is just only a certain percentage of his total amount of bet, at least, return something if the bettor changed his mind.

For me the cash-out option in a casino particularly in sports betting is good but I don't find it appealing. Maybe because of my experience that I have regretted my decision to cash out early and just miss a big payout if I was patient to wait until the game is over. I think it's not about being patient but it's about "fear", a fear of losing that's why when we see the advantage we tend to cash out, but actually that does not give us favor, it always favor the sportsbook so although that kind of feature do exist, I tend not to mind it.

As a gambler, No one is supposed to have anxiousness and anxiety in the first place, they are doing something wrong that's why they are feeling this way, I am guessing that such people risk too much on gambling, it was suppose to be fun.

What decision making are you even talking about? Gamblers are doing everything wrong when gambling gets them worried or they their good feeling get ruined, risk very little amount of money and nothing of such feeling will get to you, instead, you will be able to be in your comfort zone and relax, this is when you will be able to enjoy your game.

If you lose, at least you enjoy the game, whatever you lose won't bother you, because the money is none to zero kinda, the amount is too little to get worried about, let this be your way of a gambler.

If you are worried about the money you are about to lose, you shouldn't be gambling in the first place, let alone having patience... Gambling is not about making big money, it is about having fun. If you see gambling as a job, sooner or later you will lose your patience anyway it is because you think you are working when you are gambling. What does a man who works for money want, if he wants to make more money? He will want to work more. In this situation he will want to gamble more. It is a big trap.

We agree that awareness plays a very important role in our lives, especially when it is related to gambling. but in essence, patience depends on how you translate it for yourself. we agree, that gambling requires patience and is not recommended for people who have low patience. whatever the gambling, if we have very low patience, psychologically it will clearly disturb us when we are involved in a gambling session. the impact will vary, depending on how and in each case. related to what you said in this post, I don't think it's just patience involved. gambling is complex, complicated and how we respond to it.

In your case, you can say what you say because the final result of the bet is winning. but since you chose to cash out, you thought afterwards why not just be a little patient. but imagine, if the result turned out to be the opposite. or reverse position, you will lose everything you bet, without even having the option to cash out. so, to me this is just a choice you have made regardless of the reasons behind it. as I said at the beginning, gambling is complex and there is no such thing as really making the right decision. I mean in context, what we have chosen and decided, then that is the result we deserve. yeah, it's that simple
For me. apart from that, patience is something that is difficult to apply in real life, it really requires high awareness. especially, if we involve it in gambling. Well, playing as you can, whether winning or losing, is part of the risk. every decision we take contains risks and consequences. as you said in this post. My tip, just enjoy it as it should be entertainment, especially if you get happiness.

This is two-way thing, no one is sure of gambling, what if you have patient and wait until the game finish then it finally loss, be it as it may to how you see it, am of the opinion that if you stake a game if your instinct you to cash out, don't hesitate to do it because you might regret it if care is not taken, this particular experience you have people have been experiencing it, but the decide to do otherwise the lose the game, as gambler, I never say that we shouldn't have patience but the best option is that if you way the option on ground you can do the needful because most time, this bets we stake them with low funds, so even though you withdraw or cashout, you wouldn't have anything to lose so why regretting, gambler should do away with the notion that they know the selection they made because such selection outcome is unknown and even if you win, don't see yourself as the best.

I think the patience can help a lot in sport betting in order to conserve your budget while for slot machines it work in a different way in my opinion.You can have all the patience you won but if the slot machine gives you like over 600-700 spins without giving you the bonus or a big win and soon after it gives you the bonus which gives you just a little multiplier,you patience won't help a bit unless you have a super high budget and yet even so if you continue the slot can eat your balance all.So what you say you can apply it in the sport betting and it will help you conserve your balance to play many days with the same balance and enjoy it.

It's a definition of opportunity cost where you need to choose one of few choices because you can't choose all of them.

You shouldn't regret what you have chosen even though you make a wrong decision because you can't change the past. What you can learn is to avoid that kind to happen in the future, either you choose the safest or risky decision, you will always learn from that.

You don't have to blame your self for your mistakes as you already know that in the gambling community, a lot of things can happen (temptations) so you don't have to worry as it's long gone
Cashing out some fractions from your game is not bad because many times we gamblers can not actually tell the outcome of a bet until it's over. And when a game is over there is no way to stake back on that same game because it's over, been worried about your mistakes is bad because such situations will make you stake higher and when the perfect time for you to cash out a bet you will not cash them out and they might also cutoff your winnings.
However, patience can help a lot, as we all need patience in investments so we also need patience in gambling too, without patience there will be not reward.
Crazy things happens in gambling and you have experienced one of them.

That is the temptation of gambling that many people have felt, causing them to lose the self-control they have maintained. They still gamble even though they know it doesn't guarantee a win, but that still doesn't stop them. Every gambler needs patience so they don't make hasty decisions, but if they already understand the risks and consequences, they don't need to bet a lot of money. And if you can win the gambling game, don't wait long to cash out your winnings. Immediately withdraw the winnings so you can get the money and enjoy the money. If you can win an amount of money that exceeds your bet amount, that is enough, and there is no need to wait until the match is over because often it doesn't give you a win, but instead, you get a loss.

Anxiousness and anxieties would case you an unbalance  structural designations to object your approach in target without aiming and at the end of it you ends up giving a wasted effort.
Gambling on a distress posseses the gambler to gamble waywardly and lavishes his funds on stakes without a potential to funs or winning accountabilities. It all ends the gambler a had I know after he must have lost it all.


Today I experience this ill feeling although am okay now but I thought I should share my experience and thought with some of the gamblers here to see if we are on the same page.

You did the right thing as long there was no lost count on the game but you would had ended up a tone of regrets if you didn't cash out and the game cuts. As long there is no assurance in gambling, it is profitable enough if gamblers could hastily grab any means of advantages that comes out of it the gambling boards. Although gambling is a game of risk which some gamblers has the stability to engage on at its topmost level.

True, because sometimes you will lose like 1000x in casino games but somehow RTP will hit and suddenly you are up by 100x or maybe more. I've seen it and worse, I was down by like 2000x of my capital although I am just betting low, and anxiety is already sinking in me feeling like I am being robbed by the gambling site. Suddenly, RTP comes and it gives everything back to me. But there are times it won't give back at all for thousands of bets until you have nothing more. It does happen and it becomes stressful in the long run. What I mean is, there's no assurance that will happen, my strategy is to jump from one game to another to see where my luck will bring me.
Patience is the key, that's true. But, we also have to be wise in computing our capital. For me, I like dividing it to x2000 meaning if I have $200 only, I will only bet $0.1 every round. I won't go far because I have expectations that the battle might go long and there's a chance the game will rekt me if I don't have enough capital.

To me, you made the best decision by cashing out your bet. Although, it's very painful to see potential profits slip away but you should also consider what if the opposite happens. It's like a two edge sword and it's impossible to know what would have happened if you hadn't cashed out. I personally don't like checking my games until they're settle because I don't want to be tempted with those juicy cash out but if by any chance, I check it out and there's a cashout option, I will definitely cash out. I believe in this saying that says half loaf is better than none. To see cashout and ignore it will give me unrest of mind even if the games are going in my favor and that's why I don't like checking my bets often.

It's impossible to avoid this regret if the opposite of your decision happened. Imagine the game eventually lost when you already cash out and guess what your post will be talking about. It's good to cash out else you'll lose the winning you have seen, right? That's just the nature of gambling and what matter is to be satisfied with the decision you make. As long as you are okay with the decision you make, the outcome doesn't matter whether positive or otherwise. 

At start people are saying that they will control their emotions and will not think about their loss also they will not take gambling as serious but when they loss money they forget all the past thoughts and wants to just get more money to forget past loss through big win but it does not happens always.

If gambler never change his good habits and use just little and fixed amount for gambling then he can minimize losses and also will not be addicted towards bad activities of gambling. In gambling one is unable to control emotions and his behaviour gets totally changed because his main aim is just earning money nothing else.

I think patience can certainly be your advantage over other players in gambling. But I would say that not only patience, but also immunity to pain, or more precisely, a high pain threshold. High pain immunity is important where you have an excellent strategy, but it loses money in the short term. This is the nature of things, even profitable strategies do not always win in the short term. Of course, losses will bring you pain and immunity to pain, and patience can help you in this case.
     In trading, patience is even more important, for example in the case of a long-term portfolio holding strategy. In other words, patience is important, but only where we are confident in the profitability of our strategy over the long term. Where there is no such confidence, patience has no meaning.

In my opinion a lot of gambling activities require more of luck and calculations. Some others like soccer predictions can most of the time require experience but the odds of winning are still luck dependent. Even virtual games are still luck based but most people can perceive it as a game of patience but it actually isn't.

It is common for people to wish they staked more when they win and same thing happens when playing a virtual game . People will also wish they waited a little longer when they lost so they would have won. It is also logical to find someone that would also say it's good to be swift when gambling because they cashed out quickly before the odds turned against their favour.

That is all what gambling is about, you need to take some risks and if you want to have a big payout than you need a crazy bet. I have tilted a couple of times and at that time, I tend to make crazy bets and go all-in or just play for higher odds (not on dice but mainly for crash) and it always worked out good. Don’t recommend it as it will go wrong one time.

Well you could have lost the entire amount too. You are saying this after getting the result, not when the game was in process - this is a wrong way of thinking.

Of course patience is a good virtue, having it solves many problems and keeping patience through the games is tough can might help you reach the full payout but you never actually know the game's outcome unless it completes and hence patience or no patience does not change that outcome.

Also I think the term applies more to sports betting, prediction games and not dice or slots.