Topic: Risk or regret? (2) - page 7. (Read 1732 times)

Psychological gambling goes beyond cards and dice. Gambling plays on our reward-driven brains. You know that win rush? Thats your happy brain dancing. That same haste can lead to unwise decisions, chasing losses, and trying to cure things with another bet.

Gambling isnt entirely evil. Quite the contrary. Any game requires learning the rules, managing your emotions, and comprehending the odds. No doubt, the home has an advantage. Thus, you must outwit the game.

Where discipline comes in. Maintain limitations. Give up pursuing losses. You control gambling, not vice versa. Just a game. Its not yourlife or worth. You're larger.

Lets finish with winning. Great and enjoyable, but short-lived. Dont overthink it. Dont let defeat demoralize you. A gaming element. Gain knowledge, move on.

In my opinion, it hurts more when people bet and lose, because they put some effort into it when they analyze the game and put money in, so when they look at the result of the game and see a loss, it leaves people feeling frustrated, they start thinking about the time they lost when they were analyzing the game, they start thinking about the money they lost, especially when they are faced with a multibet bet that could change their life, they got most of the games right, but lost in the last game. Man, this makes people very angry, there are few people who can stay calm and accept this type of defeat, without crying or complaining constantly.

Managing your emotions will really be that crucial on which we know that on the moment or time that you do find yourself on having that kind of reaction on the time that you are making up some regrets
on where you had become yourself that impulsive and betting like a madman on next gambling session then it do really shows that you dont have that good control toward self. This is why its re ally that important that you should really know on what you are doing so that on the moment that you do find yourself having those kind of regret feeling then you could really just that simply move on and find for another situation
but of course on not into that desperate manner or condition. People do usually changed up their mindset and mood on the time that they do become that desperate on which this is something that not recommended.

Never ever make  yourself that trying to chase up loses or making those huge big bets or going all in just because you are trying to cope up on what you had missed.
There are really indeed moments that there would be some inner voices on which you would really be wanting on betting on something but ending up on missing it out because
you have doubts. You would be telling that it is really that a good call if it was a lose but if its a win then it will really be normally giving out that kind of regret.

Seriously, the two will be very painful because I already had experience with them, but the amount that I am supposed to win isn’t a life changing amount. But the one that has happened to me which pained me was taking a risk, and I ended up losing. I do end up blaming myself for the decision I took, I shouldn’t have just placed the bet.
 
But just as you said, if the amount I am supposed to win is a life changing amount, then that’s really going to be painful to me because I will never forget the event, and I might never have that kind of opportunity again. But if the amount isn’t really much, it’s not really going to be painful because it has happened to me multiple times before.

I think there is a significant difference between the two situations.
First, when you bet a large amount in the sense that the amount exceeds your ability, it means that you lose all the money you bet, and when you regret not betting because you are hesitant about a choice which in the end turns out that the choice actually results in a win, meaning that your prediction was correct and you would have won if you had bet before.

From the two situations, I think it is quite easy to compare which is worse, it is very clear that experiencing a large loss is much worse because you lose money and it also causes regret, but when you don't bet at all, it means that you only experience regret, you don't lose money but you only lose opportunities.

The first thing we don't know is what will be the result. So risk is always there and I will also say that you can also have regret in both case for example you win bet but in lower amount this can be a regret why you don't bet with higher roll and on the others hand you can be also in regret if you lose the bet with high roll.

But in my case actually, I don't take it that much seriously as usual I play sports betting most of the I won't say that I haven't faced it but I think it would be better if you take it for fun so there will be only fun, entertainment no regret and no more high risk.

Finally, it will be true that gambling has both risks and regret and gambling must be managed through these. Just as there is a chance of winning in betting, there is also a chance of losing. There will be risk and regret in gambling especially when a big reward is missed. It is a part of gambling. Those who keep these things in mind will increase regrets that will prevent them from properly reviewing bets. The more these things are thought about in gambling, the more regrets will grow. Therefore, a gambler should manage his gambling without giving importance to the outcome of any particular bet, but rather with an eye towards making the best use of the opportunities.

I could remember some bets I could have taken that would have given a very huge profits but I was ignorant on what the result would be. I have learnt from many of my mistakes of take things the way they are and I don't have to force things to happen or force a particular result to come us. There are so many gamblers that had regretted not taking a particular bets which would have ended up in a win. Winning gambling is all about mindset and I am very aware of that. I go for betting and I don accept the outcome without blaming anyone for my loses if things go the opposite way. There are times when we are going to be making profits but when the time to lose comes, we don't have to blame anyone because things comes in different phases.

Why will one allow his regrets to way him down because he didn't place his bet on the game. I believe we are different and have different ways of seeing things and handling issues. Personally, I will not feel that bad, but I will encourage myself that I can win some other time. I have seen many gamblers including myself that this happened to. It is not of one's doing to know if he will win a game or not.

I'm not someone who takes major risks in gambling or has a great budget that can afford to place bets that are going to be life-changing. With that being said, I'm not expecting to suddenly earn a large sum of money through gambling; thus, risk-taking isn't that big of a deal. I'd rather place the bet and lose anywhere from $20 to $50, depending on what I'm betting on, than regret not risking it in the first place. I had a fair share of matches during the Euro 2024 championship in which I didn't participate, and had I done it, I would have won most of those.

Everything associated with losing hurts a gambler; if it's a life-changing amount and you fail to bet on it, it will cause you a lot of pain because it's so hard to win a life-changing amount; every gambler is looking for that elusive win.
I have not encountered that, but I will blame myself for the rest of my life if I do. Hopefully, it will not happen to me because it would be like a dream shattered for me, and I find it hard to take it.

I think these two are tied together.

A gambler might be lured to take risks too large and eventually end up regretting these because it's impossible that the odds are always in your favor.
So I think people facing the issue of regret and are anxious about taking risks should really consider some management techniques. Afterall if gambling which should be nothing more than a hobby is hurting you in any way, it's not too bad to take a break.

So in conclusion I'd say both issues could be a problem from anyone, even combined. But If it happens to often consider it deeply and try seek solutions for yourself.

I don't think that risk is painful at all. Many gamblers seek that feeling of uncertainty as it produces an adrenaline rush.

Personally, I like risk. I like excitement that it brings to the table. I like feeling confident in my bet and at the same time knowing that if I lose it's just dust money that I can throw away without feeling bad the next day. The real pain is regret when you wake up and it weighs you down hours or days after you've gambled it away. That constant depression is the worst thing.

The feeling of regret is terrible especially when the outcome is actually in your favor but due to hesitation and doubt you didn't take the chance. This can put you in quite a depressive state for some time knowing that you had an opportunity but you didn't take it
But one thing you must learn to do is to move on and stop blaming yourself because at the end of the day it's gambling, anything could have happened. Having feeling of regrets made me do the mistake of revenge gambling several times trying to get back the opportunities I missed but it doesn't always work out

If i were to compared the pain of taking a risk and losing and the regret of not placing a gamble that ultimately wins, the regret often appears more painful and lasting there lasts The immediate pain of a gambling loss is tangible, with direct consequences such as financial loss and emotional distress . Such pain is perceived in real time and is generally easily managed through coping strategies. Regret is different, stems from the emotional distress of missing a potentially life-changing opportunity. This pain is largely abstract, and involves constant self-deprecation and what happens as a consequence that replays in the gambler’s psyche. As far as i know, continuous prestige can be especially dissatisfying and cause deep emotional turmoil if the failed bet was perceived as an especially obvious or rewarding one. So even though the pain of a losing bet inside is great, and glory if they do not gamble potentially profitable may be consistent and mentally taxing, it is important to acknowledge that you do not have it all and it covers your well-being. Use your experiences to learn and make better decisions from them in the future.

In my opinion the pain for taking a risk and losing money you shouldn't lose is the worst thing which can happen to a gambler, because it will bring negative consequences on other aspects of his life, while the pain for regretting not have placed a bet won't imply any further negative consequences for the gambler. It means he didn't lose anything, he just didn't win. Therefore, his finances won't get out of control, his family won't get mad on him, he won't feel stressed trying to find alternatives on how to recover the money.

We regret for not having done things all the time. But it's the things we have done and went wrong that we most regret about...

This feeling is very similar to FOMO in investing, when a trader or investor wanted to invest, but did not dare, and then regrets it when the token flies into the sky. But this is a bad feeling. I believe that if someone decided not to invest or not to make a bet, then in his head common sense overcame the arguments that the bet should be made. And you should not regret this, changing your decision after knowing the result.

Regret will make you miserable so never take a risk that will leads to regret. And I don't think we will feel the pain while taking risks, it's mostly adrenaline rush that is not a painful event unless you can explain or give any scenario that makes it as a painful event.

Regret will do nothing but it's cruel so not just in gambling, in your entire life think twice or thrice or as much as you want because once we are into the hole there is no coming back which can be positive or negative outcome but will never be the same.

I guess the regrets is more painful to the gambler since in that situation they are not really sure with those actions or decision they are doing then if they lose everything for sure that they heavily feel bad on the situations they choose and they might blame their selves or someone on why they are in miserable situation.

Compare on situation where they know the risk and can accept the consequences of the action they have done, then in this situation for sure a gambler can easily move on on their losses and think about trying their luck next on next time they gamble.

Seems like if you risk you don't have to risk everything so you wouldn't regret taking a gamble if you didn't lose everything. Obviously on the other hand, you might regret not betting everything if the bet wins, but you would regret everything if the bet loses and you bet it all. IMO better to play it safe and only risk a portion of your bankroll on a bet and give yourself a chance to recover if you hit a loser. Rome wasn't built in a day my friend.