Topic: You can not win if you do not risk - page 10. (Read 2059 times)

Not really, there are some people use free bet or other promotions that gives them to earn money without need to risk any money. It's true they might spend a lot time in order to meet the minimum requirement, but those people are poor and for them the effort they use are worth for the reward.

This is why almost all casinos forbid multiple accounts usage since they're cheaters.

Ambling is about exploring the unknown. Yes, relying on it for income is like building a cloud house. Not practical, but fanciful. Does practicality have all the fun?

I gamble to spice up life. Its about the excitement, not the money (though winning is nice). Moderation is crucial. Eat enough to enjoy a tasty pizza without becoming sick. A slice or two to enjoy. Thats how I view gambling - an adventure on life's pizza.

Gambling requires balance. Im happy with losing my tiny "adventure fund" and enjoying any wins. Its about enjoying the ride, not getting rich quick. Take risks - just make sure you can laugh about them later. Life's too short not to.

No, you are the one that is absolutely wrong. If I earn $1000 and use $10 to gamble, that is not risk. This is an amount of money that I can give someone and forget that I gave it to someone. That is not risk but I just want to have fun. That is just 1% of the amount that I am earning. If you are talking about risk, you should talk about something that is importantly earning you money, like the risk you take to earn money from your business, or the risk you take to invest on an bitcoin and other commodities. If you are not planing to earn from something and using such low amount of money to enjoy yourself to have fun, that is not risk. Know that this is a gambling section, why are people talking about risk in gambling? That is bad and nearly all people that are looking for money through gambling lose more than win.

Bro, you are wrong. You are using a different school of thought which doesn't relate at all with this subject matter. A risk is a risk, whether big or small, or whether you can afford to lose it or not. So long as it is not what you are certain about that you are betting for, you are taking a risk, my brother. Affordability doesn't eliminate risk, you are only reasonable, calculative and managerial in that regard of limiting the risk, which is also what is advised for those who want to be a responsible gambler.

But in your case, you are actually referring to the psychology of the betting, it doesn't relate to risk, nonetheless, you are taking a risk as that is not an automatic way you will earn, but rather a possibility that you can win or lose through it but still commit the money (risk). Anyone who is gaming without anything monetary is involvements are those you can be telling that. Perhaps you might even tell some people that you will compensate them if they win you, but that is a different ball game. However, by natural principle, if you bet through a casino or sportsbook, even if it is a $0.00000001 wager, you actually took a risk on the money and there is no amount of explanation that can change that unless you know within yourself that you are only giving the casino that money for free.

I think that's true, and in fact it is, when you don't take risks you won't win, but that thinking is incomplete in my opinion, I think that people who are silent are sure to lose compared to people who take risks they have two possibilities, namely losing or winning.

But the concern is when people cannot manage their own risks that must be balanced with their finances and themselves in managing their finances and personal, and that is usually a bad impact, which makes a person in a difficult situation because he does not understand the risk profile that can be overcome.

The gambling industry won't help you unless you bet there, and the gambling industry will help you when you bet. A place where you can never win if you don't bet, and you will regret until you win, and where you will be addicted to gambling. People who constantly bet high amount never win high amount, but mostly they lose. A person can win by gambling a few times in a big week without gambling constantly. And gambling is a risky project where you have to accept that you can always lose your money, but it is also certain that you won't make money without taking risks. Only when you take a risk in gambling will you have a chance to win the bet.

Agreed, one can not make profits when he's not taking risks, in business there are high risk takers and those people can not get anything positive in their business if they don't involve capital, just like investing, you can not invest when you don't include capital to it.
And the worst part is many of us want quick profits that's why we end up getting huge losses because we can not wait for the perfect time.
Risking money on something can either bring 2 things 1 profits, 2 lose.
When risk we always put our hope on it but the biggest problems are some of us put all hope on it and that makes it very bad.
Gambling depends on luck as you can not win when you don't have luck, so even with your perfect predictions it will only allow the games to continue from 1 to 10 and the last one will cut it off from winning because luck is not involved in the games.

I think the exact situation you are explaining here actually has something to do with capital management because calculating possible risk possibilities and using the budget effectively accordingly actually means capital management. For example, using a budget of 5,000 units for a sports bet with odds of 1.01 and using a budget of 0.5 units for a sports bet with odds of 100 will result in the same profit at the end of the day. The most important point here is to use a high amount of budget to evaluate a low-rate possibility and this is actually related to budget management. Moreover, according to the example here if both possibilities don't come true, there will be a loss of 5,000 units with one bet and 0.5 units with the other bet. So, as I mentioned you are talking about capital management in conjunction with risk management.


Of course, the probability of the weak team winning this match and naturally the probability of betting on this team to win is quite low but in such a case I don't think that any gambler would use his/her entire budget or a large part of his/her budget in favor of this team. For example, let's say a 20 odd bet is placed on the weak team. Someone with a budget of 100 units will definitely not use more than 10% of their budget for this option. This means earning more profit by taking high risks with a low budget.

For example, let's say there is a match between Barcelona and a third division team and the odds are 1.02 for Barcelona and 25 for the opposing team. In this case, you would choose to bet 5,000 units on Barcelona to get a profit of 100 units while a bet of 4 units on the other team would be sufficient. So, using a much higher risk and a much lower budget will also help increase the potential profit.


Certainly, especially in sports betting the possibility of potential winnings increases by choosing teams with low odds and high popularity and such options generally make the gambler feel that he/she is gambling more safely. Of course, there is never a certain outcome in gambling and therefore there is no guarantee of winning but profit can be targeted by minimizing potential risks with the choices made.

When a gambler can not risk, he can't win and when a gambler can not risk he can not lose either, the trick of gambling is to always use what you can afford to lose, nothing else matters as a gambler, but people always want the best in a short period of time, and from something uncertain like gambling.

Gambling isn't a fair way of getting source of income, it deals with luck all the time, how can anyone rely on this as their source of income?it makes no sense I believe, that's why having a job secured and giving a small percent to gambling is the safest way to be a gambler.

You can't get far in life without taking risks, and you don't want to be task for not taking risks but do it according to your capacity, don't sleep on gambling like your warm mattress, it's a big risk play, always have that in mind.

Taking risk in some spect of life is stupidity, example is in gambling. Taking risk in gambling is stupidity. Let me say I have $1000 income every week, I can use 1% to gamble which is $10 and I will keep $990. Am I taking risk? No. Why? Because I can afford to lose $10 from the $1000 that I have. That is how gambling should be.

You are right, but this is when you are talking about business and not gambling. Gambling is not worth something to take risk.

Taking risk is the thing, everything in life requires you to take risk before getting the big bag.It is only risk takers that are successful,while those who are afraid to take risk should be ready to live the life of the unsuccessful.Thesame thing in gambling,the odds you believe so much that it's not a risk will end up cutting you,while those risky ones are the ones who will play.If you aren't ready to lose money,then you cannot also recieve money,it is vice versa.
A friend of mine took a risk that involves his lifetime saving to play a game he believed,at then end of the day,he ended up winning that money, and is now leaving an extravagant lifestyle.But if he hadn't taken that risk,life wouldn't have been soft for him.

I do agree with this, I think it's quite obvious that people do not look at it like this but they totally should, it's really easy to lose yourself while gambling and the returns may not be all that great. I believe that the best thing to do in this case would be just focusing on how little you could lose, because if you could end up losing very little, then you are going to end up being a lot better.

I understand that we are not going to end up with anything that would benefit people, but it should definitely be still a loss that could be overlooked at least. If you lose a lot then coming back from that would be harder, but if you lose only a little then you would be able to continue your life without having much issues later on.

Yes, but not only in gambling. There is a relationship between potential profitability and risk, so that a bet or investment that gives you potentially high returns is because there is also a higher risk of losing your money. If we think of playing roulette, there is more risk of losing your money if you bet on a single number than if you bet on red or black, but the potential return is also higher in the first case. If you invest in the stock market for example, the potential returns of investing in a low cap are higher than those of investing in a blue chip, but the probability of losing money is also higher.

Risk has a deep connection with gambling. Risks exist in any investment but risk is a part of gambling. Gambling is not possible without risk. Again, luck is also heavily associated with gambling. If luck does not favor us, even if our efforts are successful there will be no results. If both risk and luck work together then we can definitely get something good from gambling. A gambler must use the amount of money he can afford to lose in order to gamble spontaneously. So that he has no regrets even if he loses. The higher the risk in gambling, the higher the winnings.

Playing harder does not necessarily bring you closer to the chance of winnings because if you are not careful then you will experience more losses. The word "don't give up" is not intended for gambling because if we hope to wins at gambling it will end in disappointment.
It is true that gambling is played full of tactics and strategies, but it is still not free from the luck factor because even though you have used tactics, it is not guaranteed to win because gambling is full of the risk of losing. There is always a risk every time we want to gain something, including gambling and even wanting to open even our business also has a risk of loss if we are not able to manage it well, especially with gambling which has a greater risky of loss. Therefore, don't ever try to take big risks, if it make you feel anxious. Keep use the money you can afford whatever the profits, even if it's not too big, but you don't have much risk of losing money that exceed your limits.

Participating in gambling allows you to enjoy the joy and pain of winning or losing. When I have free time to gamble, I gamble for the joy of gambling. Gambling is such an addiction that I gamble twice a week. I take time out. I don't like to gamble for more than two days because I know if I spend too much time gambling I will become addicted to gambling. I don't want to ever become completely addicted to gambling.

   That is the reality of life in this age when we enter the world of gambling for real. Being a gambler is their characteristic of being a risk-taker. That's why they gamble: they are willing to lose the money they put into a casino.

   Gamblers are full of heart in every casino they enter. Whether you are greedy or not, whether you are having fun or hoping to get lucky, there is always one downside, and that is that you will waste money in a casino where we are not sure if we will win or not.

There is no gambler without a stake of fund or valuable so, as you said, even your little stake is a risk so, it is just assumed that all gamblers are risk takers. As long there is a stake

If you want to gain really big than yes you need some risk. But if you mainly place sports bets, than you can always try to look for value bets and playing single bets to minimize the risk. But it takes time to be good at spotting value bets.