Risk or regret? (2) - page 5. | Bitcointalksearch.org

Nwada001

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Quote from: Akbarkoe on August 14, 2024, 01:56:19 PM

Both are difficult choices.

the first you take the risk and lose the second you regret not taking the risk that in the end the choice you made wins, for my rationality that is still conscious of course I prefer the choice of regret for not taking the risk even though my choice is correct, but my money is still there and I can try another time than I take the risk but lose.

This is just a play on words from you OP. LOL

Looking at it from the angle you explained it from, I see some sense in it, as regret creates room for you to try again next time. Why risk don't give you that chance? But then again, regrets are more painful to me than taking the risk and failing.

I just don't like regretting my actions, that's just it, and you also know that if one doesn't take any risk at all, there won't be any chance of meeting a better chance or opportunity of winning?, and losing can set you on the right path.

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Quote from: Dr.Bitcoin_Strange on August 12, 2024, 06:32:01 AM

Quote from: KTChampions on August 10, 2024, 03:50:53 PM

There are so many missed opportunities that it is not worth thinking about them, or at least not thinking about them in a negative way. For example, today I forgot to bet on City (win in normal time) and it actually saved my money as City could only win on penalties. There is nothing wrong with reflecting on your luck in such cases.
As for the games that you forgot about but would have brought you profit if you had bet on them, it is better not to think about it, after all, most of us did not buy Bitcoin for 10-100 dollars, but it could have brought hundreds of millions.

Yea, one can only end up to regret if they miss a very big opportunity that would have been profitable to them, but if the opportunity passes them by, there is nothing that can be done, so they just have to move on. Just like the experience you had too, sometimes we should be very thankful that we actually missed to risk our money in some games that would have resulted to lose.

By the way, today I planned to bet on Real (with or without a handicap, I was not completely sure) but I did not have time to do it either. I had almost no doubt that Real would win (it is impossible for two favorites to consistently perform below expectations). So today I can regret the missed opportunity but now is the very beginning of the season so I will go on knowing that there are a lot of opportunities ahead.

Dewi Aries

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Quote from: DaNNy001 on August 14, 2024, 01:17:40 PM

Quote from: Odusko on August 08, 2024, 05:33:30 PM

Let not get it twisted, where there is no risk, there won't be rewards, so as a gambler there is a need to take the risk as much as possible, but also we have to avoid regret as much as we can also, since both risk and regret are two different things, but the thing there is that I will not regret for not taking a bet because I have not risk anything in that order and since we have to understand what we need and what is ours which are two different things, when you risk a stake on a bet, that point you become involved with that game, but when you are not risking any money on that such a game, you will not be involved and highest is to just watch and enjoy the game and regardless of which direction the match ends you will not be overly affected by the outcome, so don't let greed deceive to regret and think that your predictions could have won you such a bet.

I agree with this, gambling itself is about risks so it's not something that's new to any gambler because that's what we do on a daily basis when we stake, it hurts when we lose but we are able to move on after a short while but regrets on the other hand is entirely different it you would continually beat yourself up for not taking risk that would have probably elevated you financially...the feeling of risking and losing is nothing compared to this

Yes, gamblers should know and realize this, in the sense of understanding that gambling is about risk, not only about winning but also about the risk of losing, and one of the reasons why this knowledge and awareness must be possessed by gamblers is because no matter what and whenever, risk will always be part of the game, and when we experience defeat, there will be no other way we can do but accept it.

And we can see that there are always some gamblers who still experience significant emotions, disappointments and regrets but they still continue the habit, which means that they most likely do not really understand and realize that the idea of "defeat is part of the game" is a fact that can never be denied.
On the other hand, from the two situations mentioned by the OP between the pain of experiencing a big defeat and the regret of not taking risks, I think it is much worse when you lose something, because losing an opportunity will only end in regret but not end in losing something you have.

Accardo

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Quote from: LUCKMCFLY on August 14, 2024, 12:45:31 PM

Quote from: Accardo on August 12, 2024, 10:43:56 AM

The regret would have been meaningful if that was the end of gambling in the world. Gamblers regret the past to fail again in future. The opportunity they thought was lost awaits them on the next game, but their past losses won't let them notice a new chance.

It is a fact, we or any player will always look for victory, it is true that many handle defeat in their own way, some reflect and decide not to play again, others come back with much more care, some fall into addiction, but I consider that to avoid all these types of things, we must start from the most basic , and that is that the casino is a company, a business and that they need to make money, for some reason it is the most profitable business of all, if that is clear, every time you lose there will not be so much regret, but wisdom, because you know what you are getting into and what you are risking.

Most players follow the opposite of your idea. They think the casino is open for charity business. Regrets causes more pain to a player than losses. And lack of details puts some players on the line of regretting a game they can't control. Instead of regretting they should buckle up and learn more gambling details to avoid hurting their feelings.

hedgeh0g

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Quote from: Rruchi man on August 08, 2024, 03:17:43 PM

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

I heard an expression that I sometimes use not only in gambling, but also in life situations. If you want to do something, do it, otherwise you will regret it for the rest of your life and the result will be unknown to you. Moreover, if you don’t do it, we will never know the result. But if you do it, we will know the result, although it may be sad. I even have a friend who decided not to leave his old wife for a new one, and now he constantly tells me how he regrets it for years. Probably, there are similar things in gambling.

Akbarkoe

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Quote from: Rruchi man on August 08, 2024, 03:17:43 PM

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

Both are difficult choices.

the first you take the risk and lose the second you regret not taking the risk that in the end the choice you made wins, for my rationality that is still conscious of course I prefer the choice of regret for not taking the risk even though my choice is correct, but my money is still there and I can try another time than I take the risk but lose.

This is just a play on words from you OP. LOL

tsaroz

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Quote from: Rruchi man on August 08, 2024, 03:17:43 PM

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

I can't think of many ways the situation of risk or regret comes in gambling. Most people regret on betting rather than not betting. There certainly are more profit on higher risk but if you won't have large regret on missing one as there would be plenty others coming. In most form of betting you don't know for sure what the result would be and in most case specially in sports betting, there are no life changing bets. The largest win one can make is from lotteries but you don't regret for not buying the lottery.

The only place I find regret in not betting is folding my good cards against a bluffer in poker, on the times they show their cards.

Quidat

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Quote from: criptoevangelista on August 14, 2024, 01:07:54 PM

Quote from: Z_MBFM on August 14, 2024, 12:57:27 PM

Quote from: Rruchi man on August 08, 2024, 03:17:43 PM

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

Regret is the most painful. When we are winning at gambling or we have a big gambling budget, we also take big risks much easier. But when we lose we regret which gives us a lot of pain. Then regret that we should not have done it. It is natural to have regret in gambling because the gambling algorithm is designed to always trap us in the flames of regret, greed and emotion. This is why we come back to gambling again and again. And they make us forget about our previous losses. your control is in your hands, just be careful and make the right decisions.

That's true, one of the worst things you can feel is regretting not doing something... I don't regret anything I've done, only the things I couldn't do either because I didn't want to or because I didn't have the courage to do them. Besides, I think it's a human thing, because sometimes deciding at the time is very difficult, but after it's happened it's easy to question why we didn't do it at the time...

Results and outcomes would really be that different into each other and this is why it wouldnt really be shocking that there would really be those instances that we would really be missing out those kind of moments that on the time that our guts or human instinct telling us that we shouldnt really be betting a particular moment then we would neither be doing against it or would be following it. It all matters into someones choice in regarding into their actions on which it would really be that might end up on something that brings out that regret or would really be that definitely just the right call?
It would really be that so hard to make up decisions but of course we would really be needing up to choose whether we should pass or would really be pursuing on doing it. It is true that having those kind of regret on missing out those wins will really be that something haunting and cant easily be forgotten which is unlike when dealing up with loses on which you could easily moved on because you are
getting used to it.

DaNNy001

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Quote from: Odusko on August 08, 2024, 05:33:30 PM

Let not get it twisted, where there is no risk, there won't be rewards, so as a gambler there is a need to take the risk as much as possible, but also we have to avoid regret as much as we can also, since both risk and regret are two different things, but the thing there is that I will not regret for not taking a bet because I have not risk anything in that order and since we have to understand what we need and what is ours which are two different things, when you risk a stake on a bet, that point you become involved with that game, but when you are not risking any money on that such a game, you will not be involved and highest is to just watch and enjoy the game and regardless of which direction the match ends you will not be overly affected by the outcome, so don't let greed deceive to regret and think that your predictions could have won you such a bet.

I agree with this, gambling itself is about risks so it's not something that's new to any gambler because that's what we do on a daily basis when we stake, it hurts when we lose but we are able to move on after a short while but regrets on the other hand is entirely different it you would continually beat yourself up for not taking risk that would have probably elevated you financially...the feeling of risking and losing is nothing compared to this

criptoevangelista

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Quote from: Z_MBFM on August 14, 2024, 12:57:27 PM

Quote from: Rruchi man on August 08, 2024, 03:17:43 PM

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

Regret is the most painful. When we are winning at gambling or we have a big gambling budget, we also take big risks much easier. But when we lose we regret which gives us a lot of pain. Then regret that we should not have done it. It is natural to have regret in gambling because the gambling algorithm is designed to always trap us in the flames of regret, greed and emotion. This is why we come back to gambling again and again. And they make us forget about our previous losses. your control is in your hands, just be careful and make the right decisions.

That's true, one of the worst things you can feel is regretting not doing something... I don't regret anything I've done, only the things I couldn't do either because I didn't want to or because I didn't have the courage to do them. Besides, I think it's a human thing, because sometimes deciding at the time is very difficult, but after it's happened it's easy to question why we didn't do it at the time...

Z_MBFM

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Quote from: Rruchi man on August 08, 2024, 03:17:43 PM

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

Regret is the most painful. When we are winning at gambling or we have a big gambling budget, we also take big risks much easier. But when we lose we regret which gives us a lot of pain. Then regret that we should not have done it. It is natural to have regret in gambling because the gambling algorithm is designed to always trap us in the flames of regret, greed and emotion. This is why we come back to gambling again and again. And they make us forget about our previous losses. your control is in your hands, just be careful and make the right decisions.

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Quote from: khiholangkang on August 12, 2024, 12:48:34 PM

Both can end in regret, one losing money and one not.

But for me personally it is better to lose money for taking risks, because it is a form of courage to try luck than not at all even though it ends in defeat, this is common for me as a gambler who feels wrong, but not a few experiments can really produce big results by taking risks, while if you don't take risks it will definitely get nothing, only the money is safe, neither increases nor decreases and I say it's a coward who doesn't take risks.

Well that last statement a coward is someone who does not take risk has many comments and it can not be that dry as a statement and although I agree with it nowadays it is better to not take risks as casinos surely have changed or moved something in their RTP.This is from my personal experience which I have been bold and I have been increasing my bet incrementally until I lost all,that is a new pattern now in slot machines,you raise your bet and the money goes down faster and don't tell me that you may hit it big cause I and many others simply won't anymore.That is why for me now being a "coward" translates in having more money in my pocket and since the start of this week I have not gambled a single cent after losing dramatically as I said last week.

LUCKMCFLY

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Quote from: Accardo on August 12, 2024, 10:43:56 AM

The regret would have been meaningful if that was the end of gambling in the world. Gamblers regret the past to fail again in future. The opportunity they thought was lost awaits them on the next game, but their past losses won't let them notice a new chance.

It is a fact, we or any player will always look for victory, it is true that many handle defeat in their own way, some reflect and decide not to play again, others come back with much more care, some fall into addiction, but I consider that to avoid all these types of things, we must start from the most basic , and that is that the casino is a company, a business and that they need to make money, for some reason it is the most profitable business of all, if that is clear, every time you lose there will not be so much regret, but wisdom, because you know what you are getting into and what you are risking.

khiholangkang

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Both can end in regret, one losing money and one not.

But for me personally it is better to lose money for taking risks, because it is a form of courage to try luck than not at all even though it ends in defeat, this is common for me as a gambler who feels wrong, but not a few experiments can really produce big results by taking risks, while if you don't take risks it will definitely get nothing, only the money is safe, neither increases nor decreases and I say it's a coward who doesn't take risks.

hahay

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Quote from: Rruchi man on August 08, 2024, 03:17:43 PM

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

When you bet and then lose or when you don't bet but in fact if you bet then you win, I think that's part of the risk and part of the regret.Because I think these two aspects of gambling are inseparable. Indeed, we can say that losing is a risk but anyway, at the same time we also certainly experience regret because we also expect to get a win.

Thus, I personally find it difficult to separate or distinguish between risk and regret. But maybe,for those who have a strong personality and only gamble for fun, then maybe they will not experience regret, because they also do not prioritize winning but rather prioritize fun or entertainment in gambling. Perhaps,this is also a difference in cases like this.

Quidat

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Quote from: Accardo on August 12, 2024, 10:43:56 AM

Quote from: LUCKMCFLY on August 11, 2024, 10:32:40 AM

As humans we always think about what we can do and we are able to perceive what to do, but it is painful when we bet a lot and do not win, I think that all this gambling is based on how random any play can be, taking into consideration the house advantage, that is something we cannot forget, however when we think about what we did not do and if we could, we do not have to give energy to that, we must always see that the game will give us another opportunity, we just have to know how to wait for it.

The regret would have been meaningful if that was the end of gambling in the world. Gamblers regret the past to fail again in future. The opportunity they thought was lost awaits them on the next game, but their past losses won't let them notice a new chance.

I've experienced this countless times and it doesn't bother me much, because nothing was lost. I see such regret as a sign of greed, it's irrelevant to assume you would've won a game you didn't wager money on. The issue would have been better if the player staked money on the game.

We do know that people do really easily moved on on the time that they would really be forgetting that kind of frustration on which it would really be something understandable
since there are actually those people who could be able to move on easily and do the other thing again and again until they would literally wont be able to play on the time that they dont have money.
In comparing about regret and having that disappointment of loss or missing out that kind of bet because you have been scared or hesitated but turned out that it was a win then regret is something that will really be staying on your mind for a while and this is something that you should really be that making yourself trying out to control because on the time or moment that you will really be making
yourself that thinking up always about it then it would really be pushing you to play further until you have lost it all on which this is really that a disaster if this happens.

Hispo

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Quote from: Rruchi man on August 08, 2024, 03:17:43 PM

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

Regret will be always be more powerful than any other negative feeling, in my opinion , specially when comes to gambling.
It can be very disturbing for the average gamblers to be in a situation they could have changed their life with a huge amount of money, but decided not to participate, in consequence other person hit the jackpot. it is different from gambling and losing money there can be some regret on it l, because we know how much money we already lost to our bad luck. But it is completely different when someone was about to hitjackpot and decided to withdraw before it happens.
It is the kind of regret it could send someone into a further gambling rampage / revenge gambling and require professional help from psychologists in the worst of the cases.

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Quote from: Odusko on August 12, 2024, 03:03:48 AM

Quote from: zuzie on August 12, 2024, 02:49:48 AM

Quote from: Rruchi man on August 08, 2024, 03:17:43 PM

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

It is more painful if we take risky actions but end up losing and that is the real impact in gambling, yes, we as gamblers will never know the final result of the game, whether we lose or win, we have to accept it.
However, if we talk about taking risks and finally losing, it sounds very painful, we are willing to sacrifice by risking the money we have and instead of winning, but what can we do, we accept defeat, we will definitely feel regret and sadness and for novice gamblers this kind of experience can make them depressed, but for experienced gamblers this kind of thing is common and common.

Very regrettable something, sometimes when your First predictions comes out to be the winning bet and your other addictions now brought you down to lose the entire games, although risk sometimes pays and when it does, the best we can do is to be thankful and happy for that, but if we did lose, then it means we need to bear the pain and move on and next time we do and take such risk with causion to avoid such outcome even though we can't totally avoid loses in gambling since loses is part of gambling and the way casino makes they own revenue to continue with they operations.

There wouldn't be really much reason for justification perhaps it is gambling and no one is sure of or guarantee of having the expected outcome, two things are always involved in gambling it is either you win or loss but however, @ the op narrative is very obvious that it is nothing but greedy that lead in to additional of more games to the original games he gave his friend which resulted to his loss while his friend won, it could only be greed just for him to probably have more potential winning than that of his friend but he fell out of luck and that is gambling for you. Something what we seem to be rightly done becomes a mistake and what seems to wrongly done becomes right.

Accardo

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Quote from: LUCKMCFLY on August 11, 2024, 10:32:40 AM

As humans we always think about what we can do and we are able to perceive what to do, but it is painful when we bet a lot and do not win, I think that all this gambling is based on how random any play can be, taking into consideration the house advantage, that is something we cannot forget, however when we think about what we did not do and if we could, we do not have to give energy to that, we must always see that the game will give us another opportunity, we just have to know how to wait for it.

The regret would have been meaningful if that was the end of gambling in the world. Gamblers regret the past to fail again in future. The opportunity they thought was lost awaits them on the next game, but their past losses won't let them notice a new chance.

I've experienced this countless times and it doesn't bother me much, because nothing was lost. I see such regret as a sign of greed, it's irrelevant to assume you would've won a game you didn't wager money on. The issue would have been better if the player staked money on the game.

Altryist

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Quote from: Odusko on August 12, 2024, 03:03:48 AM

Very regrettable something, sometimes when your First predictions comes out to be the winning bet and your other addictions now brought you down to lose the entire games, although risk sometimes pays and when it does, the best we can do is to be thankful and happy for that, but if we did lose, then it means we need to bear the pain and move on and next time we do and take such risk with causion to avoid such outcome even though we can't totally avoid loses in gambling since loses is part of gambling and the way casino makes they own revenue to continue with they operations.

Gambling is associated with risk, to win we must take risks and of course there will be losses, and also there will be victories. We will be able to take advantage of opportunities when we learn not to give in to emotions too much during losses. We need to learn to accept them as part of the gambling process, and opportunities will always be there, the most important thing is not to dwell on old losses, but to think about future victories. Nothing changes, it worked like this before and will work like this in the future, there is not a single player who could only win, I think this does not happen.

Topic: Risk or regret? (2) - page 5. (Read 1739 times)