Topic: You can not win if you do not risk - page 8. (Read 2196 times)

We can take risks in gambling, but we have to remember that in taking those risks, we have to be able to adjust them to the budget we have prepared. The problem is that many gamblers are not prepared for the risks and do not calculate how much risk they will accept.
They just think about continuing to gamble without estimating how much the risk will increase. Many gamblers still underestimate the risk of losing money, so they gamble without restrictions on how to use their money.
This is what causes many gamblers to experience large losses, and they can even increase if they are not aware of the risks.
Everything we do also has risks, so we need a way to manage the risks according to what we can.

Those who gamble don't all understand the risks in gambling, if they understood the risks maybe they wouldn't choose gambling, just look at people who always gamble when they lose they won't accept it gracefully, even though gambling is full of risks but they take that route By not wanting to admit defeat, many gamblers are addicted because they keep trying to recover all their losses because they are not willing to accept the losses they have experienced.

Gamblers who dare to take risks and understand the risks of gambling usually don't care about their losses, even their winnings are only considered a bonus for them. Such gamblers are usually gamblers who have a healthy mindset that considers gambling to be just entertainment and for fun, nothing more than That. That's why everyone who wants to gamble must be able to learn about the risks so that when they experience defeat and loss, they won't try to chase it, let alone recover it. it will never work, a responsible and successful gambler is a gambler who knows the risks

And that risks should really be something that wouldnt really be that too much if we do get it inline with the money that we are planning to use on the time that we do gamble.
Gambling should really be just that for fun and not for income making because this is where people do usually mess up their lives on the time that they would be having those kind of intentions or ideas in mind
about gambling. You cant win if you dont risk, yes its true but in the sense that gambling is really just that for fun and not for income source then this is something that you would really be needing
to realize at least on the time that you would really be dealing with it.

There are really just those people who are really just that too positive and confident that they could really take advantage towards gambling without even realizing that
odds is always that against us and something that we shouldnt forget or make ourselves wary.

You're spot on about the disadvantages of gambling. The inherent risk and the possible lack of profit make it a difficult way to earn money. However, you also make a good point about the exceptions to the rule. Arbitrage and high-odds betting can sometimes be profitable, but there is still a risk involved. And as you mentioned, drop hunting is a much safer option. It's a strategy that can be implemented with less risk and more potential for profit. You seem to have a good understanding of these strategies.

A risk is acceptable if a gambler has the ability to bear that risk. I know that if I take a risk there is as much opportunity to gain as there is to lose. But if I don't have the ability to accept that loss, I can't take that risk. For those who have money, they should take risk. A risk-taking gambler is more likely to succeed in gambling. Those who don't want to take risks but are trying to profit from gambling are definitely in great danger. Since gambling is a game of uncertainty, risk is a common factors. It should be remembered that in order to develop rapidly in life, any person must take risks. It may be an investment platform or a gambling platform.

Gambling has a very big disadvantage, which is that in most cases, in order to win, you have to put your bet on the line. And as a rule, in the event of a favorable outcome, you gain less than you lose in the event of an unfavorable outcome. This is not always true, there are exceptions to this rule, but in general it is true.
What are the exceptions to this rule?
- In the case of an arbitrage strategy, you are a conditionally win-win player, but the bookmaker easily recognizes forks and limits your winnings.
- If you play for high odds. But as a rule, there is a very small probability of winning here.
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And gambling is much worse in terms of risk than, for example, drophunting. In drophunting, we can win, but we actually risk little.

Gambling is all about taking risks, if you don't stake on a game you won't win. Those who stake high amounts increase their chances of winning but also you can stake low risk and become a winner. Not every game that we are supposed to be risking too much, if you over risk when gambling you're going to lose more money quicker and become tired of gambling. As a gambler you have to know your limit and plan your games in a way the capital you have can see you through many games.

When it comes to risking in gambling, you can risk high on one game and win or spread your risk by betting on multiple games and also win. Everything depends on your own luck and this is the reason it's better to do your own prediction yourself and not follow what other individuals are predicting as everyone have their difference and our luck aren't the same also we will have different results on different games.

This is what makes a risk taker becomes Rich over night, when you can not take risk their will never be a place for you as a gambler to win.
You must risk if you want to win. Anything that do with money is expensive and also risky, so when you can not risk you can not also get profits, so being on a better area you have to take risk as that what means gambling and investor.

You are right because it is rare that we can get a free bet to bet and have the opportunity to win unless we are diligent enough to participate in contests or events that distribute free bets, so if we want to win, we have to risk something in betting so that there is a chance to make a profit, but we also have to remember that there is also a chance of losing so we have to keep betting the money we have that we can afford to lose not because we think about maintaining the chance of winning so we continue to bet and exceed what we can afford to lose because even if we win later the amount we spend is more than what we get and because we exceed our limits it will make our finances chaotic, and that is what gamblers must avoid if they don't want their gambling to end up ruining their lives because they don't gamble using money they can afford to lose.

Everything will have its own risks, whether it gambling or investing, there will always be risks and also possible results that we will get.
But on the other hand, the risks of gambling and investing are clearly very different because the risks in gambling will be much greater.
In gambling when we lose we will lose total amount of money, whereas in investing when prices fall we will only experience losses, not lose everything.
And if the goal is to make money, investing is the right choice because the risk is not that high and the percentage of money lost can be minimized, but we are not here to invest but to gamble.
And the only best way is to make gambling only place to have fun and entertain ourselves, that way we will be able to accept every risk that occurs.
Maybe victory can come but you won't always be able to have it because gambling is actually place to spend money, not make money.
We have to be aware of everything and be able to truly consider the risks of gambling as just challenge to get the pleasure we want.

There are sometimes activities that don't have a really appealing reward or equal reward for the risk that you're taking, a good example is free climbing, the risk is death and the reward is gratification, solemnity and personal achievement so it's not side by side or equal all the time. I disagree though that the people that are losing lot are the ones that will win big, there's a lot of gamblers that haven't won a jackpot for a really long time although they win small amounts, the rewards that they're getting is just simply too low with the risk that they're taking. Of course, it's true that you can't win if you don't risk something but there are times that the wins aren't worth risking for and it's up to you on how you're going to approach things if you still think that it's still good to risk things or not, be smart when it comes to where you're risking your money or yourself.

Yes, it's true that as a gambler we don't have to take big risks, but we also need to consider the risks we will take, understand that the risk of loss in gambling is always there, so we use it within certain limits with money that is not too big so it doesn't have an impact on things. bad things that we will experience, we definitely don't want to experience big losses, therefore we have to be careful when we want to gamble because with this caution we can understand that gambling is not only about taking big risks but also about gambling responsibly. .

Gambling is different from business, although both have to take risks, but the risks of gambling are much greater, people sometimes push their gambling too much without thinking about the risks because what they hope is that if they win, the profits will also be big, but if they fail to achieve this victory, it will end in regret. Therefore, if you want to take a risk, think about it carefully before you regret it.

Emotional influence on a gambler is a strong factor, how the gambler thinks, take choices, change decisions etc. matters in his gambling activities. If he's a person who find it difficult to take risks, he wouldn't try it anytime in gambling. So, it depends on the type of gambling and how they think the risk is worth taking. If a person who is not good at risks and identifying the right time to make such decision, gets carried away emotionally to indulge in risky gambling. He may not recover from his mistakes, easily. As he has no prior experience regarding such lifestyle emotionally. Hence, it'll affect him emotionally, to begin to think that way and making more mistakes. He could be thinking it's the right thing to do but is definitely arresting himself to gambling addiction. Whatever strategy a gambler chooses to practice he should make sure he masters it. Trying anything without few preinstalled ideas, is not encouraged. Players should try what they have been doing and knows how to get around it. It'll help us to conclude that with regulation any strategy is crucial and preferable.

You are right, the risk taken to lose or increase the money is actually gambling itself and the exact amount used in the bet refers to this. In fact, I think we both explained our views differently from different perspectives because as far as I understand, what you want to explain is the determination of the amount of money to be used in gambling and the risk posed by using that money in gambling as a result of this decision. What I want to explain is that it depends entirely on the preferences within the gambling itself. I would like to give an example other than sports betting;

Let's imagine that there is a wheel game and there are five possibilities in this wheel. Let these possibilities provide a profit of 0%, 25%, 50%, 100% and 500% of the bet amount, respectively. Again, the probability of these possibilities coming is as follows;

0% chance of winning: 35%
25% chance of winning: 30%
50% chance of winning: 25%
100% chance of winning: 8%
500% chance of winning: 2%

Using the example here, let's assume that a gambler bets with 10 units of money. In this scenario, your point is that this gambler gambles away 10 units of his/her money and takes this risk to make a profit. The point I want to explain is that this person can win by dividing his/her entire balance into 5 or 10 different games instead of using it in a single game, considering the 500% chance of winning.

I continue with the point I want to explain;

Let's say this gambler loses all his/her money in a single game with a 0% chance of winning. In this case, he/she took a high risk and aimed for a 500% chance of profit with his/her 10 units of money and took this risk to earn 50 units of money. When the same gambler plays 10 different games with 10 units of money, he/she gets a 0% chance of winning 5 times, a 100% chance of winning 3 times and a 500% chance of winning 2 times. In this case, he/she has ensured the risk of the money he/she risked to spend on gambling through capital management and in return he/she will have 18 units of money.

I hope that with this example I was able to accurately convey the points that we both wanted to explain and to compare our thoughts correctly.

It is obvious that gambling is all about risk and when you don't take risk in gambling you cannot be able to to win in gambling so therefore any investment you are into if you don't take risk and the investment you will be able to end without growth So numbering and investment is all about the risk so I believe that without this measure you cannot be able to win anything, risk is the most thing that makes us to have money because when you don't take risk I don't that you will able to make it, so therefore let us have in mind that taking risk is part of success because you make take risk and you make it through the risk or you lose through risk.

Logically, it's true that the amount you can win depends on the amount you are willing to risk because your winning amount depends on your staked amount, but that doesn't have to be the only case for someone to win because if one is lucky, they might win a very large amount with a small bet while someone who isn't lucky might not win anything even if they are making $50 bets which means he is risking more but winning nothing from it.

So, a gambler needs to understand that the first thing they need to win is luck, and after that, the amount they can win depends on the amount they are using as their base bet, and the base bet needs to be according to one's bankroll and one should only bet what they can afford to lose.

Yes, it is a bit of a funny example and its meaning is actually understood more clearly in Turkish which is my native language but unfortunately when I translate it into English it cannot explain its exact meaning. If we talk about people who are successful in life, I definitely agree with what you say. These people generally have a high risk threshold and take high risks in the right way at the right time. Certainly, not every risk taken has negative consequences and each risk in its own way leads to success one day. Every risk taken at the right time, in the right place and in the right way will undoubtedly help achieve success more easily and success can be achieved more easily by reducing the risk rate with other factors.

True, in gambling risk and reward will always go side by side and no matter how these two things will never be separated because this is gambling in general that we know, yes it is right that the higher the risk, the greater the reward or the higher the tree, the greater the wind. In my opinion all this is nothing more than a choice, if you want to get or prioritize big wins then obviously there is no other way to get it that is only by daring to take a large level of risk and vice versa if indeed their main priority is fun or entertainment then obviously the more advisable is to put a small amount that they can be responsible for.

On the other hand I think it is quite difficult to be able to get a big win if basically the amount they bet is small, as you said earlier that they will be able to get big rewards if they dare to put a large amount of budget, another thing I think I disagree with your idea of gamblers who will get big wins are those who are always dominated by losing, one of the reasons is because gambling runs randomly and there is no certainty that can guarantee you to get a big win someday, I can't be sure and if it's true then maybe they are really lucky or vice versa.

Yes, but there are those who do not understand this, they take risks without understanding at all that this must be handled very carefully and carefully, because any bet with an unjustified risk can put an end to our games. In general, I like to take risks very rarely, only when I see an opportunity in it and have many reasons to do it. I carefully analyze the reasons for taking it upon myself; if there are not enough of them, then I simply will not get involved in it and will wait for the best moment for this, it will definitely come. I know this, so I'm in no hurry. And those who rush to place a bet under the influence of emotions and without analysis will be left without funds, unfortunately, I often see such examples.

Risk and reward goes side by side as that saying says the higher the risk the higher the reward.However this is not for everyone as most people are not keen on risking more than that they can afford to lose and as such these persons are always complaining about how they are never winning big enough.The real winners who win big are the ones losing consistenly for a long period of time until one time they hit it big when they never expect it.