Bitcoin Forum

Do you believe that “risk” is a key motivating factor, rather than a prevention factor, in engaging in gambling?
Were you became engaged in gambling because it was risky and exciting or there's any other reason? What's your position here?

For me, risk is a prevention factor in Gambling. That's the reason why I'm not really into it. I'm more on thinking that, "what if I lose?" more than thinking "what if I win?". Maybe some of you will say, "gamble just for fun", well for me, losing is not fun, maybe because I can't afford to lose the fruit of my hard work.

I play with money can afford to lose. also playing with free money, in fact I never think about the risk, when I play to have fun. I bet when I'm sure, and not think of any risk of loss. unless I put my money for gambling and I will definitely think twice to bet and always think about the risk.

For me its a prevention factor, or an addicting factor at times. Whenever I make a bet and think of it as being risky, I just ignore it and play it safe. Kind of the best thing to do in gambling, unless you want to take the risk and have a chance of hitting big.

i think yes and no so i voted for "Somehow Motivating"

it is not the risk that is playing a role in gambling but instead the reward that you get from that risk (or better say you might get).
as you know the higher risks bring bigger reward too. that is why sometimes you see people play a 999x on dice sites because the reward of playing with this huge risk is also huge even with a small amount that you get from a faucet.

I think mostly it reminds me that I could easily lose what I am gambling and makes me more aware that the gambling sites win in the long run. However, to win you must risk something so I can see how it could be motivating in some way.

You need to risk something if you want to get or achieved something. In gambling you need to risk to gain something. Even if you are playing faucet you are still risking something. If you are gonna do a business you will also risk your time , effort and money. Well if you don't gamble that is nice keep it that way because gambling will always make you poor.

Yeah, when I look at some of the risks inside the gambling, I decided to play gambling only to want to find the atmosphere and eliminate all thoughts that makes me lazy. However I also restrict and control themselves in order not to give a negative effect while gambling. Risk is a factor in the prevention of gambling

Knowing the risk is good to prevent you from being addicted to gambling.
You would know how much you can afford to lose and you won't bet too heavily.

Dudes life in itself is an everlasting gamble where we make choices based on risk every single day without noticing. But life tends to give us lower odds so some clever people invented gambling in order to make our lives more interesting and have bigger odds to bet on  ;D Jokes aside running a bigger risk results in higher satisfaction from gambling so in a way risk is an intrinsic feature of gambling. Scared money makes no money and this pertains perfectly to life itself because scared people make no progress either in their whole lifetime.

risk is always the motivating factor when doing gambling if you can take it either way win or lose you just need to take it and see the results if failed better luck next time if win go and party party, gambling is just form of entertaining for me, so i just gamble the money that i can afford to lose mate.

I remember that in the past I read some article about differences about investing and gambling. I learned that many experts differentiate gambling from investing by this:
"If you are gambler you are mainly a risk seeker but if you want to invest you try to avert all possibilities of risky elements in your plan."

I gotta agree that this is very easy to understand and interesting concept.

if you are goin g to gamble then its clearly because you want to risk your money even me personally, I would consider higher risk better associated to higher rewards etc

For some people, risk is what motivates them to keep on going. Have you heard of a phrase called with every risk comes a reward? thats what actually drive people mad in gambling, although they have lost a big amount however most of them will keep on gambling to get their hands on those rewards ( addiction of gambling is killing them )

RISK is more of a preventing factor for me and honestly i can't see how it can motivate someone to gamble. maybe someone who is seeking thrills through taking risks can be motivated this way, but for me when i see the risk i always hesitate to invest my money and since risk is a big factor and it is also high i rarely gamble these days.

From my own point of view I will say for the risk takers its a form of motivation because they believe that the higher the risk the higher the return and they are ready to go for it. However for the risk averse person, he is not willing to take risk or if he I'll take so little to those people its a prevention factor...my 2 cents...

for me personally it's Somehow Motivating because even i was already know the risk from gambling but sometimes i was curious how fortunate I'm if i playing gambling games although eventually I was shunned by luck and lost all my money

There is no money that one can afford to lose and even I used to play with free money and the losses used to affect me. When I see people winning big by investing very less in gambling, I just keep thinking that they must be experts in the game.

"Risk" factor is not always a motivating factor and even though I earn money from giveaways from these gambling websites, I don't bet it but just withdraw it. Motivation can be the money given just to gamble.

So I assume that your answer is Motivating when using free money and Somewhat Prevention when using your own money? I agree when playing using free money. Well, since you can't withdraw your claim on the faucet, you tend to play and gamble, take some risk, and when you win then better while when you lose no regrets since it's just the free money from their faucet and you can always claim and try again.

What do you mean by play it safe? Just curious

So your answer is? Are you motivated because of the risk? Anyway, yes, I agree that somehow you need to risk something for you to gain. However, in gambling, if you risk your money, you must expect the worst since the chances of losing is higher than winning.

I agree that we are taking risks in our everyday life, but people being scared into taking risk is not present all the time, so I don't agree that they can't have any progress on their entire life. Back to gambling, yes risk is indeed a feature of gambling, but people might have different reasons on why they became hooked into it.

However, "with every risk comes a reward" isn't working at all times especially on Gambling, right? Mostly, what's happening is, when you choose to get big rewards you'll end up losing most of your earnings, or should I say everything?

I got your point, we are somehow the same with that. But if I can't withdraw the free bits that I claimed on the faucet, no regrets at all when I lost it on their site. People winning on gambling can be an expert or maybe just lucky? For me, gambling is not really in need of skills. Skills and techniques might be an advantage, but without luck both will be worthless.

In my opinion it can be a little from both... Risk is part of the excitement and rush you feel when you gamble but it keeps you in check not gambling away huge amounts.

I have to say yes for me risk is motivating factor in gambling. Gambling is based on risk and there is no prevention when you have put some amount at stake in order to make that more than initial one. It is purely motivation factor because how does it work we can easily understand. I am very clear without any doubt about my opinion what I said.

For me when you say "risk" its a factor(motivating) in gambling but not the prevention one and sometimes they call themselves risk takers because they said no risk no gains. Also it was risk, excitement and luck that gave me a good experience when it comes to gambling.

It is somewhat risk factor because many people don't even think that they are taking risk when they gamble. I saw many people so confident of winning considering them lucky and totally ignoring the risk factor. They lost later because they thought this couldn't happen to them. It is risk factor that's why fun and fear both work same time in gambling.

Before, I wasn't really into having fun or entertaining my self when I tried gambling, it is more like a chance for me to earn that time, and I am preventing my self from investing any amount if I know and I see that I am really going to lose.. I really hate risk and turn my money into stones..So probably for me risk is prevention factor...

risk on its own can not be motivating enough to make people come back so i think in general the factor that you are looking for is not the risk, but the result of taking that risk which is so different.

it means gamblers come back and take a range of risks from small risks to huge risks because of the reward that kind of action brings to you. for example when you play a game with low odds of winning and you put down a decent amount of money you are in fact taking a very big risk but because of this odds you can have a big reward in case you win and that is why people are motivated to come back.

Risk is more a prevention factor for me although I accept it adds to the excitement of the play. It adds a bit of adrenaline but for me it remains more a prevention factor as just because I don't like losing my btc I always gamble with very little money just to avoid the risk of losing them. If it is a motivation factor for some people well I am sorry for them as they will lose a lot through their gambling.

I do believe that we are always motivated by the risk factor. If we don't take risks, we wouldn't be able to judge our patience and capability to achieve our goals. Gambling is just a game and losing is a part of it which we need to accept. Till we don't face losses, we won't know the importance of a "win".

I think we aren't always motivated by risk, our goals itself motivate us on reaching them. But I agree on the part that if we don't encounter losses we won't know how it feels to win, it is true in any way. What's important is we know our limits and don't go beyond it so there will be no regrets in the end.

If you scrutinize the definitions of risk and prevention,they are completely different.Taking risks is rather you're forcing the situation than not allowing it to happen which is prevention.As long as gambling is concerned,risk is definitely a motivating factor,not even closer to prevention.Prevention is probably choosing to quit while taking risk is putting  a bet of 1 btc after 5 rolls of failure and hoping the 6th one would be a win.You're taking a risk here.The on;y engagement factor I could think of is addiction.I'm sure its won't be exciting anymore to star at a screen for all day long.If you're answer is winning money,makes it more obvious that it is addiction indeed.You can't be addicted to excitement/happiness at the same time without depending on the source.

So by risking 4btc on a bet how are you preventing the bitcoins anyway ? I mean in case if you lose? The perception "what if I lose?" more than thinking "what if I win?" is actually taking risks but putting 4btcs on that situation is stupidity for real.

Yes of course taking risk is absolutely different from preventing it, no need to explain that further. The question is if it motivates you or prevents you to gamble. Is the risk the motivating factor? And your answer is definitely yes. But maybe the positive result of that risk when you win does motivate you rather?


Why would I risk 4btc in the first place if I don't want to lose it? Thinking what if I lose or win is actually before putting any amount of money on a gambling site, so I don't think there's a risk there.  I think the risk occur only when you already put your money on the site, then gamble, and during your play you're thinking what if I win or lose. That's why I mentioned that I'm not into gambling, the risk prevents me on playing or on putting any amount of my money there.

This is the key question and also a question that many gamblers never ask themselves.  I avoid playing games with a house edge because the odds are against me from the start....poker is my game because I can choose to put my money in the pot when the odds are with me and I can fold when they are against me.  But, that "risk" question is the question I ask myself every time I make a decision.

sometimes risk is motivating us to get solving answer to get out of trouble in gambling, i mean we can get a good strategy to be a winner. but sometimies risk can be prevention factor to us to get win in gambling. for example, if we play card, we know that our cards is really good and we are sure that our opposite cards not good as ours, but we thinking over and over a time, then we decide not to make a call, then what to be happen? we can not be a win the games. but if we already know that our cards is good, and we know the risk when our cards is not to good than other, we can get loss, but we decide to make a call, then we can be win the games.

Here is one sample that risk prevent other people to be involve in gambling.  Risk will be the motivating factor to those daredevil who  wants to experience the thrill while in that risk.  But mostly people tends to stay away from the things that they saw  risk is greater than the benefits they can get.

Positive result of the risk could be a motivating factor,not always.My point being,there is huge line that separates risk from motivation or prevention.OP seems to be confused or maybe it wouldn't have resonated the way it should have been.After taking a big risk if I succeed winning a big bet of course I will be jumping with joy but no necessarily I'd do the same next time.

Well,you can't put 0.008 BTC on the roll and call it a huge risk.

Generally I go to take risk with sports matches even it is also risky format for betting, for me risk is motivating factor but sports betting is always depend on our skill more than luck, that is the reason I like to place bet on sports event because by taking risk we can generate some money for us.

Risk is what keeps me away from gambling, but not trading (same thing, it's a paradox).  I am risk-averse by nature, and I don't have a lot of funds to gamble anyway.  I've bet relatively small amounts in trading, like $100 or so, but I would be scared shitless to risk any more than that.  And I'm talking trading bitcoin for WAVES or LISK, both of which I've done.  Made a small amount, lost some on other trades.  It probably evens out.  But with house games where the statistics are against you, hell no.  Not doing it.

For me is prevention factor , like you said lose is not fun right..!
But it depends on my bet , if i used from faucet or from free bet i don't care about lose .
And if i used with my money , i'll used it and thinking twice about the risk for lose on bet , But if i lose my mind , i'm rarely take a risk for get a huge profit , so if i lose or win i don't care but if i really get into gambling . And so far i can control myself with this "RISK"

That sense of risk is kind of an adrenaline booster to the more seasoned gambler.
Without that risk factor involved then I think they sense something is wrong and they will reassess the situation and decline to do anymore betting until this void of that absent feeling resolved.

I would have to say that RISK is a motivating factor when it comes to any form of gambling.  Some people are motivated by the game and the challenge and others are motivated by the influx of stupid who will come in to loose all of their money!  Most people do not look at RISK as a motivation when it actually is.  If you want to have fun, you are motivated to do so and some people think gambling is fun!  If you are motivated by making money, then this RISK is a good motivating factor, just not the smartest in my opinion!

I think risk should be calculated and managed well in order to win, and it should not he avoided.  But it is by no means a motivating factor to gamble.  If risk gives you motivation, then I suggest going to therapy for gambling addiction.

I think that the risk is definitely a motivation for gamblers; as risk provides excitement. Why do people do things like bungee jump, skydive, or other extreme sports where there is the risk of dying? They do it for the thrill provided by the risk factor.

It's the same with gambling; people do it for the pounding heart excitement feeling, and for these reasons, I feel that risk is part of the motivation.

As you have mentioned that on extreme sport there is a risk of dying, do people tend to be excited to die? Of course not, right? Maybe it's better to say it this way. The excitement/thrill itself is the motivation for them to do such sport regardless of the risk that it may cause them/their safety.
That's why some people don't want extreme sports, because they think that their life is at risk there.

In gambling, yes I encountered some people with the same reason as you. They like gambling because it's risky, exciting and also a part of it is that they could win considerable amounts of money (maybe regardless of their losses).

i like your idea being as a motivation to play more gambling might be a game of balls, if you can't take the risk its hard for you to win big in certain logic i agree with your argument taking this as a motivation to gamble more and to try your luck.

i think it depends on the person too.
some people are naturally more risk takers than others so they will always like the bigger risks so i guess you can say that Risk is the motivating factor for them but for others who generally stay away from taking risks, it can be a preventing factor that prevents them from even trying gambling in all their life.

Yes it really depends on the person. I checked the poll votes, all options were picked by different users, yet it seems that most people who paticipated see/take risk as a motivating factor in gambling.