Topic: Patience can help alot - page 29. (Read 6513 times)

With games of chance and luck, such as slots or roulette, it is nearly impossible to gain an advantage over the house because winning requires no skill or experience, so there's no room for a player to improve on his skill, get better on the games or even use the power of experience to his advantage. it is entirely dependent on luck, and because the house sets the rules, they have a greater advantage, and the worst part is that they can easily manipulate the game to always be in their favour. The longer you play these games, the higher your chances of losing money. In contrast, in skill-based games such as poker, you might acquire an advantage by perfecting your talents and experience. This means that, over time, you may be able to generate a profit, but there's still some level of luck needed in the game.

Patience is the ability to wait for a good bet in which you are confident, and not rush to make more bets with the hope, that all of them will be winning, or at least most of them. It seems to me that in gambling discipline and risk management are more important than patience, you can be as patient as you like, but if you cannot follow the rules, then it will always lead to the same result. You must also remember that in gambling you cannot avoid defeat, and this must be accepted without much emotion.

Not a guarantee indeed but it helps to think wisely, as if you have the right amount of patience you'll not be aggressively place a bet when you lose your first attempt, but instead you'll try your best to find what particular event that may give you decent chance to win back, or to recover what you lose, this kind of attitude will lead you to keep doing the right thing instead of blindly placing another bet just because you wanted to recover as soon as possible.

Patience in gambling helps minimize losses but it does not guarantee winning. If one does not gamble in a panic and patiently places small bets, they will avoid many unwanted losses. But it is natural that if someone places non-stop bets without being patient, his losses will be very high.  So patience and controlling your emotions can save a gambler from huge losses. But no one can gamble without loss.  Everyone should naturally accept that gambling will result in loss

We can only predicts the match using our skills to knows which team that have high percentage to win. If we can improves our skills, we will not have a problem to select the right team. But we must have patience to learn the skills because that will needs time before we can master better skills. We are trying to learn more about the analysis in sports betting but we still hard to have the accurate prediction since the match can change anytime. We also needs to knows how big the risks of selecting the team because there is a change that the match may be change in the middle of the play. If we can have a good skills and knows how to manage the risk, we will not too rush placing the bet because we only place a bet for the match that we knows better.

The problem is that most gamblers think that gambling is purely a game that requires mathematical skills to win. Although there are games that requires mathematical skills and experience on that game to win, such as the poker, blackjack and a few other card games. These games requires you to be able to calculate and predict your opponent's next move and then immediately come up with a counter move to be able to defeat him or win. But not all games are like that, most other games are a complex mix of skill, luck and analysis. Especially Luck. Luck plays a vital role in most games such as the roulette and other games that requires a great deal of luck to win. But still, it's very important and necessary for every gambler to note that having the requirements doesn't guarantee your victory

Yes because after all gambling is still gambling which is full of uncertainty, don't rely too much and be too sure of the skills and knowledge you have, even though according to some people you have good skills, for example in sports, but still you have to understand that this is a gambling activity which is always about winning or losing, which means as I said above that no matter how good your skills are, the possibility of losing is something that can never be avoided entirely.

On the other hand when you are too confident in your knowledge, experience and skills what I am worried about is that you will most likely feel more disappointed when in the end it turns out that the results at the end of the session are not what you expected, and usually this is a situation that can really trigger a lot of out of control actions that lead to many dangers such as making impulsive decisions based on desperation. One of the reasons why gambling is full of uncertainty is because obviously the outcome of gambling is always about two possibilities, namely winning or losing, where winning is just a chance but losing is a sure thing when luck doesn't come at the right time, I think we should all understand what "prediction" means, there is no certainty in it because everything is always about "possibility", especially in the type of slot game as you mentioned friend.

Hmm, patience is one thing but you are mathematically destined to fail long term on games like dice and slots - so you're simply choose the speed at which you lose money. Things like sports betting could potentially see you get an edge, as long as you are tracing your profitability and seeing your money go up against a long enough timeframe. The same is true for games like poker, which will always have the house chipping away at your money in the form of rate, but it allows you to make money from being better at the table than other players you're up against. The key thing to success is to trace your profitability, because I guarantee if you're doing this with casino games you will forever see a downward sloping trend showing you losing money.

Agree with you, we cannot guarantee gambling results with any predictions. We may be able to predict well through analysis and using various tools to help to decide before betting. However, it is still a prediction, not mathematics that has definite results. In every gambling process, people will focus on what they saw before to use as data. if he cannot confirm the data, then the results of gambling cannot be predicted, this happens in all types of gambling, especially slot games.

I have started being patient,I don't gamble and go all in anymore like I used to and that in the future translates into more money saved in your account.Every time someone talks to me now about gambling and how huge someone hit something I stay calm and tell them that most likely those people have lost much more than won,in fact I remember someone telling me I am a master at slots because I have lost so many millions playing them,you know what I told him,I told him honestly I think you are more stupid than a master as if you were a master you should have known your mathematical chances are against you and stop playing once you realized how much you have lost.So yes patience pays off a lot but is very difficult to achieve it while gambling.

Gambling is often a game of chance and trust me when I say it can be really tempting to try to hold out for a bigger payout, so cashing out could be pretty difficult and almost impossible sometimes, but like you said in your statement, there's a very huge risk of losing every damn thing if one refuses to cash out when the cash out option appears. I remember someone on this forum who also had an opportunity to cash out but decided to leave it to play through, and at the end, he lost the bet. These things are bound to happen, so one should always prepare and expect the worse. I always tell people, if eventually anyone ever decides not to cash out, it should be money that won't affect you when you lose it, because losing a bet which you had the chance to cash out can really come with lots of regret.

This is how greed starts, when you are not happy about the little ones you got there will be a time when you win cash-out the bigger ones because you have already believed that the last time they cashed out your bet the whole games played so you won't want to cash out this one and funny enough that the ones you didn't cash-out will now have to lose and your money will be gone,,, the reasons is because you did the right thing at the wrong time and also did the wrong things at the at the right wrong time also. Gamble is not a things of must, it's something that act together with luck, ones you don't have luck in what ever you predict you won't win because it's not the perfect time to win.
Actually, for one to win from bets they also have to be patient because one you are not patient you will give up,,, there are statements that says, never give up. And who ever that gives up has lose. Those who make make such statements didn't make a mistake. Patient can always give us whatever we want at the right time, even when it comes to investments, if you aren't patient enough you can't be able to hold when you see that price is dropping.

At first when I see the topic and the first paragraph, I was saying how patient come to gambling but the "Cash out" statement made me to calm down. Op gambling is risk taking when the game shows you to Cash out and you want to keep it then you have to risk your capital but if you use patient to wait you might not have the luck to win. This has happened to many gamblers including me. I have gambled a game and it asked me to cash out but I refused to cash it out. And the game cut at the end and I loss all. And my advice to such scenario, if the amount you used to bet is not big then you can be patient to see the end because probably if you loss it might not pain you. But if the amount is big then I advise to cash out so you won't lose all.

In any case yes usually impatience always brings results or leads us to unwanted situations, all of that is due to impatience in terms of making decisions about something, and yes as you say that most end up with regrets that are sometimes full of stress. This is gambling where a lot of things look tempting due to the many temptations such as the opportunity to get a big win that is difficult for most people to ignore, so they are usually too fast in terms of making decisions which means there is no patience applied there and obviously regret is something that usually has a high probability of feeling. I'm not sure if this is the case, but I'm sure that it's very rare that it happens, plus in gambling the percentage of losses is much greater than wins.

Not only in gambling, I think it always happens in real life, indeed the main problem is financial. If we gamble excessively then it can obviously affect our finances, excessive gambling can make us lose more money. In my opinion, losing a lot of money on gambling can still be prevented if we gamble within certain limits, but unfortunately many gamblers do not have limits when gambling. In my opinion, cases of losing a lot of money have become commonplace.

It is true that patience can help us in all things, if we gamble impatiently then what will likely happen is losing self-control, which is something that can harm us greatly. and indeed self-control has an important role in gambling. It's the same with patience, if we are patient when gambling, perhaps it is the same as having good self-control, and indeed we must be able to exercise self-control when gambling. because it can also help us avoid big losses such as losing a lot of money.

This kind of chaos always happens when you or anyone gambles without having the ability to accept the fact of the first loss, for example, when you put a sum of money that you really can't afford to be responsible for if you end up losing or losing then obviously this is a trigger situation for emotions, out of control actions and greed to dominate, so this is the reason why we are always advised to gamble with only a small budget or a budget that will not make you emotional when you lose.

Skills or knowledge is another thing which is only useful to help you to get closer to the chances of winning, but no matter how good you are at analysis, the final result of the gambling session is still unknown, which means that even if you feel that you have good skills, on the other hand, you also need to have good risk acceptance skills which we usually call responsible gamblers who are supported by several aspects such as patience, management and control, as you said that this is the perfect combination to increase the chances of winning by having good skills and also having good risk management to keep everything in balance.

Since financial loss is the main issue that many people have when they gamble, anyone who truly wants to succeed in the game you most probably has more patients who are trying to prevent themselves from losing too much money. Because they don't realize that patients are equally essential to surviving in the gaming industry, their lack of patience prevents them from achieving their objectives. Not only patience gambling require, it also requires specific education and experience before you begin, so that you can learn self-control thereafter..
That's why it's a good idea to think very wisely before making some of the decisions a lot of thought, otherwise you can make selections too quickly and wind up losing. I hold certain individuals responsible for their persistent attempts to check in after they have staked a game. While some may be patient, this eventually wears thin because as soon as they begin to consider cashing out, they delay and don't wait to find out the outcome of the game.

but how can he do that? to assure your win rate will increase more than your losing rate because for me this is something impossible to happen.
wondering what can we do to make this come our way?

and Patience will let you take a rest at least , to try not holding to that same gaming again instead  try to go home or stand from the table and re organize your strategy .
this for me will save us from continues losing.

You should be okay with the amount you cashed out despite that the whole games play according to your prediction so just forget about that you were not patient enough to wait till the whole games have played but greed is another problem of gamblers because wetin to win it all most times, leads to losing everything so never you think that you made a huge mistake by cashing it out when all the games have not finished playing yet.

Gambling is a game of patience and luck but you should follow up your gambling with caution and wisdom because if you are the type that always want to take home the whole possible return all the time, you may not be able to be lucky at all because it will be so obvious that you are a greedy person. We have heard so many cases where a gambler was offered a reasonable amount of cash out but due to greed, majority of them lose it all and even try to commit sucide. Just be comfortable with any amount you win and don't attempt to still win more because you may end up losing the amount you won.

These  two common reason create big impacts to a gambler point of view while still inside the gambling house, when either greed or chasing losses dominated you, most of the time losing is will be the outcome, unlike if you have that right sets of skills and understanding and being patient helps a lot to have that clear mindset towards your gambling activities, there's always the combinations that will generates good vibes while you are still inside the house, timing and practicing your strategy the way you set it up, that's on the side of you being patient to see the outcome of your work.

More on timing and know how things should work which the most common mistake when a gambler being penetrated of aggresiveness, either adrenaline rush or too much excitement, leading them to lose a lot instead of keeping that composure and have that patience to wait.