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Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

Aim for victory but be prepared for defeat
That's a good tip

I always set a bankroll for a particular competition I'm participating in or for a certain period of time.
So in the worst case scenario, if I lose all my money, I stop there, and that was my preparation.
Obviously, I want to win and I hope to win, but that way I don't lose all my money, I don't end up without betting, and I always go slowly and gradually

I always recommend setting a bankroll  ;)

This is actually one of the most important things to think about. Some gamblers still struggle to understand what bankroll really means, and that’s why many of us don’t know how to manage it properly. Casual bettors usually just spend whatever they can gamble for the day and let tomorrow take care of itself.

But if we’re talking about bankroll seriously, it’s meant to last long term. It’s not just about surviving one session or one streak, it’s about making it last through ups and downs. Profit should be viewed the same way, not from one lucky win, but from consistent results over time.

It's gambling so that obvious answer will be expected profit, you don't play in the beginning or even if you're losing almost all of your bankroll, you still have that mindset to make a u-turn and still win in the end.

Losses will be there eventually, it might affected you in a negative way like your mental health. But in the end you can recover from that, a day or two and you will be back gambling again and aiming for that big win.

I'm echoing rdluffy. Aim for victory but be prepared for defeat.

Every time I go out gambling, the money I bring I already considered lost. So, it has to be an amount I'm willing to let go. I can't bring an amount that if lost would make me worried. That's why if I'm betting on cock fights, I can easily go all-in on the last fights because the entire money that I bring is for betting. It's a different story, of course, when it involves online betting. I hate making deposits refilling my wallet, that's why I want my balance to last as long as possible.

If a gambler can maintain his bankroll properly then it is better for him to have a long term plan because he does not take excessive risks while gambling. They wait for the opportunity and withdraw money after big wins. I use this strategy most of the time because it is quite effective in reducing unexpected losses.

When you can maintain your bankroll properly then there should be no fear of losing extra money. The advantage of long term betting is that you can use a limited bankroll by using small amount of funds and withdraw according to your needs.

No one wants to lose in gambling. All gamblers want to win but unfortunately, that will not come to most gamblers but only to the lucky gamblers. Many gamblers are not ready for the loss so they will keep playing because they want to recover their losses.

If they want to gamble, they should think about the loss. The loss will come to them anytime without they noticing. They can think about how much winning they want but they need to think about how much money they lose just to chase the win?

Normally, we expect profit rather than loss. But many things can happen in gambling so we should be ready for that. It is better for you to only think about the fun thing and try to enjoy the moment.

Expect means aim, right? Well, I never aim for defeat because the reason I gamble is to win. But I also don’t ignore the reality that most bettors lose money which means, statistically, we’ll lose more often than we win. That’s just how it is.

What makes the difference is trying not to be part of that majority. That’s the only way we can call ourselves profitable gamblers. Still, it depends on each person’s mindset. Some are already happy even if they’re not profitable , maybe for them, the fun itself is already the reward.

There isn't expected profit in gambling, so I guess everyone has to be content with expected losses which are to come, what means every gamblers should be prepared to face losses and what to do once they lose. That is part of the plan of a responsible gambler, so further losses can be avoided by not trepassing their personal limits which are predetermined before the gambling session begins.

On the other hand, it's not fun to start gambling with a thought in mind that you are going to lose. So the best approach must be to just set a fixed bankroll, and once the money is gone, the gambler has to quit. Don't think about the potential outcomes, just enjoy your time and hope to be lucky for the day. If it doesn't happen, go home or close the app with the certainty to be doing the right thing by not going beyond your limits.

I think as humans it's only natural if we expect an expected winnings if we try to gamble rather than the loss  It's probably wire in us that we need to win, of course who wants to lose, we gamble because we wanted to win. Well, the loss is probably given considering house already give us of what we should expect to loss because of the odds but I think profit will come pre-betting and loss only comes post-betting or when we think there's nothing we can do with the outcome.

Actually, there is no term loss to expect because most people expect to win, but thinking about the risk of losing that happens will also be wiser.

This depends on how the management is done correctly at the beginning before the bets are made.
There are several divisions to start betting and reserve money that is provided to maintain a position on gambling.

Expecting a win is normal, but you have to know whether the potential to win will be achieved or not, If in the evaluation there should be more wins than losses,
If it is the other way around, then stop gambling or betting and don't force keeping playing.

I think everyone comes prepared for two basic consequences, as stated in the thread title above: expected gain or expected loss. But, one thing that must be instilled in the minds of both myself and my other friends is to never imagine that making a profit at the competitive table will be easy. The journey of gambling is not always smooth sailing. We can learn from our mistakes. From our mistakes, we can improve our skills and survive in this space.

The next step, we must be able to determine the best time to bet, be mentally prepared, have capital, and be prepared for losses if we consistently follow the same pattern. Sometimes, we should also listen to the advice of others who are already experts at this game.

No one hopes to lose. But imagining it is normal in gambling or trading. However, the most important thing is to be realistic with your analysis. That is, determining when I should stop when I am ahead and when to stop when I am losing. Being prepared with two plans seems to make one feel safer. So even if you are in a losing position but you have a stop strategy, then stop. There will be another opportunity another day with management and analysis that may be better. So don’t hesitate to take a loss before you lose all the capital you have. After that, take the lesson and learn with better management. IMO

I think the kind of mentality we have to possess should.....

Expect the unexpected.   ;D

The fact that casino exist is a straightforward proof that losses are bigger than profits for the casinos and even we try to fine tune out betting amount we will end up in a net loss more often than win.

Hence always try to minimize the bankroll being lost and keeep it limited to amounts that we can afford to lose.

Keep your mentality that you will lose that moeny no matter what you do. Even if you think you will win. Keep a fixed budget to lose every month, follow it religiously, and you will not be disappointed.

Obviously gambling is more about losing than winning, so we should always bear it in mind that profit can only come when the luck is on your side. Though, expecting gain from gambling all at the time is causing many losses in gambling because they don't care if there is anything called losses, they are always after for the profit they would make which is very wrong decision because gambling is not by smartness or power, it is your luck that have the final say.

The truth is that we are more concerned about our potential winnings than how much we are actually losing in the process and you are right, we really should be considered by the factors instead of just one, but right now I like to think that we should always consider how much we are willing to lose because understanding this will help us control our gambling habit, by knowing how much you can afford to lose you will also know when to stop and if you still have a few more bets to go before you hit your limit, most of us don't really consider this and that why betting has affected most people in more negative ways.
Individuals should consider this and put a limit on how much they spend on betting.

I think if people stop dreaming about hitting the big win they will not gamble at all, and this would not need to worry about what happens to your balance be it positive or negative. Of course people who think more about their bankroll can play longer and have a better chance of hitting that max win though this can also have that other not good effect of bringing one person into addiction if the losing sessions are consecutive, which in most cases this is the bitter reality. We all start gambling sessions with the hope of hitting such big wins but I soon realize like most of us do that this is not what happens most of the time.

There's no guarantee that the wins will eventually come. You can as well finish your bank roll and still with no wins. While gambling is usually better to not assume too much or expect too big from a game that's yet to be played out. You might end up hurting your emotions because it didn't turn out as expected. As a responsible gambler the first thing that should come to your mind is not how much you are going to make but how much you will lose while playing. Losses are more in the game, so putting too much hopes on winning would eventually lure you into many losses and you may not be able to control them on time.

You should never plan for an expected gain, it will lead to losses. You should also plan for the bet to be an expected loss.

If you have the mindset that you need to win, you will keep betting and betting and will be wrong and will lose everything. You need to accept the fact that gambling is risky and you might lose money and gamble with that in mind.

If you win, then its good, its a bonus. But if you lose, then its expected and you can move on and gamble some other day. You can't gamble and expect it to pay the bills and such, It will lead you to going on tilt and losing even more money.

We can't expect to win without losing when we play in any casino, right? Though, all gamblers really aim to win in gambling as much as possible. But in reality, the majority usually lose.

However, many still return to gamble because of their positive belief that one day they will also experience luck, where they will go home with a big winning from gambling
something that shouldn't be believed in my opinion. It's better not to expect.

There is no doubt that both are important, you really need to take care of your bankroll first and then see how it goes for you. Specially if you betting in the long-term. Let's say you put a $200.00 bankroll for your NBA betting. So if you go and unlucky in the beginning you might be down -50%. But still though you have a fighting chance with your remaining money so now you should be looking at your expected profit and at least make it break even. So just play around with your capital and then see if you can tip the balance for you. If yes then good, you are in the profit side already. But it not, then back out again and protect your capital at all cost.

I have heard this phrase from many wise gamblers "hope to win but expect to lose" the statement looks somehow pessimistic but that is the reality about gambling. If your main focus is about winning but not considering what it will likely cost you to win you might go bankrupt in your desperation to achieve your aim. Since you don't know when you can get the breakthrough it is better to always use amounts that you are comfortable to loose for your gambling. You need to be lucky before you can win and you don't know when your lucky day will be so try to always gamble responsibly.

I expect loss, I consider amount I am betting gone. This is why I never bet big amounts that could make me lose my sanity, and imo in gambling everyone should think about losses first and never a win and there will be no disappointment.

Expect to gain since this give you motivation to continue, but exert some effort to do some strategy that can possibly make you avoid losing lots of money.

If you have that expectation that you eventually lose your money then for sure that you will not last any long and you won't enjoy gambling since what already set up on your mind that whatever things you do you end up losing.

Although its good to be aware on those consequences but there are some sort of strategy that can help us to win or secure our winnings if it happens that we are currently on lucky streak.

 ;D ;D ;D. That nice and warm joke. Yeah. We always want to experience that feeling, especially when we get a benefit we never predicted, whether it's luck, luck, or something else, but it's quite enjoyable.

But sometimes, another unexpected thing we experience is when we make a wrong move due to being overconfident and a little hasty in making a decision.

But that's normal if we're tough fighters.

Most gamblers focus on the dream of profit the image of that one big win that changes everything but very few take the time to think about the part that actually decides how long they can stay in the game the losses every bet has two sides and the smart players are the ones who spend more energy understanding the downside because survival in gambling is not about how much you win it’s about how long you can keep playing without going broke.

Loss management becomes the real skill behind every gambler who lasts long term they set limits before they even start knowing exactly how much they can afford to lose and once that amount is gone they stop no matter how close a win might seem that control separates gamblers from dreamers because the game will always promise another chance but only discipline gives you the ability to take it. Chasing only profit builds false hope that one day luck will swing hard enough to erase all the losses but that rarely happens most people lose more by believing they are due for a win instead of accepting that gambling is unpredictable and built for the house to win the more you expect the more disappointment grows and the more dangerous the game becomes.

The smart ones will think about how much they can lose more than they can win, because winning consistently is impossible in gambling, but losing is a normality, I have learn to expect loss more than win and I only feel spooked after losing times have become too significant to notice.

Even if I keep losing for a week straight all I do is take a brake for a while and come back later, this have always work for me, casinos have a higher advantage of making money off everyone, people should take this part very seriously, and this is why it is better to always risk what you can afford to lose only, you can never tell if what's waiting for you next is to win or lose.

In order to play reliably without sacrificing profitability (if you are profitable at all), i.e., in order for your deposit to grow at an optimal pace, you need to use the Kelly criterion. Using this criterion solves two problems mentioned above at once: theoretically, when a winning streak occurs, you have enough funds to take advantage of it, and when a losing streak occurs, you do not risk so much that you could lose your deposit.
I can't say that I always adhere to this, but when I evaluate a bet, I think about it in the long term, as if it were not a separate one, but a super multiple.

That's human nature, it's have hard for gamblers not to chase their losses but it's essential for them to learn how to know their emotions because in gambling anything can happen, one can either win or loss and it's certain that your loss might be higher than your wins.

But with self-control one can be able to balance their emotions and can able to detect when to quit or stop when gambling especially if their losses are more than winning, because this helps in avoid getting addicted.

Profit is something that you mustn`t think about. You have to concentrate on your analyze, your strategy, money management... I never think how much i can win or lose, it doesn`t matter if your strategy and analyze are ok. I`ve got lose streaks, i`ve got weekly loss few times, but it doesn`t matter - i`ve never got monthly negative profit/loss balance.
Just calculate your bet size as some percent of your bankroll and don`t change it from bet to bet.
PS. Time to time you ought to recalculate your bankroll - withdraw some money and recalculate bet size. But between these calculations, you don`t change bet size.

Isnt that size of a deposit people made? Isnt that the rules of gambling? "Deposit only amount you can afford to lose". Deposit is a maximum of what we can lose. Or that is only how I see gambling. If I deposit $100, win $500 and lost them, then for me I have lost $100 this evening, not $500. I think I am on a side of "expected gain", as I already know how much I will lose this evening, and I have an amount when I will start thinking about withdrawal (that is usually x2 of my deposit, if I double it, I quit).

Sometimes I just have the fun a little and use just all my weekly bankroll for gambling to gamble on just one game at once. It can be up to 2 to 3 odds. If I win, I will withdraw all the money including the profit, but if I lose the money, that is it, I can afford to lose it.

Sometimes I may want to spend more time gambling but not all the time.

Yesterday I bet on Chelsea to win and and Bayern to win first half that bets was 1.91 odds in total and I won the money and withdrew the money immediately the match was over and won the bet. It was fun also.

Every gamblers in this world had the same feeling that everytime want to starting gambling certainly most of us want to won some money and there were no gamblers who want to gamble because want to wasting their money or to lose that's why some gamblers have dreaming someday they can gets the jackpot from gambling

For me personally expected loss is good because in my opinion this is important that while gambling we should be prepare to lost because if the people can be discipline to these behaviours i think they can able to managed their bankroll with very well so, gambling is not about how to won the money but as a gambler we should be accept our loses and not attempt to recover it

I agree with you, it is better not to expect in gambling, try to enjoy it only for a short time, here winning never comes as expected, rather if you expect it here, it causes more losses. There are many who, if they win once or twice, their confidence increases, and they think, now a bigger win will come. This kind of mistake makes people make the same mistake again and again, but this is what needs to be controlled, not the hope of a big win, rather the reality needs to be accepted and gambling should be limited.

Every time I make a deposit, I always prepare myself to accept the loss, because it is not easy to withdraw money from the casino due to several things including our own greed that is not satisfied with the results that have been obtained so that we end up losing all the money that has been obtained, but the important thing is to think that when I lose, it is the money that is deposited that is lost, there is no need to count the profits obtained because in my opinion, profits will be called profits when we have withdrawn the money.

I wouldn't think about expecting to lose when gambling. Why would I waste money if I only expect to loss? Of course, gambling still involves the hope of doubling my money, but if that doesn't happen
- how can I deal with those losses?
- Should I stop before my balance runs out, or continue until I lose all my money? and,
- what will I do if I lose and reach my deposit limit?

These are all important points when gambling, not whether to expect to win or lose. And even there is no real surveys that i read, I think 99% of gamblers expect to win or even hit a big win not for loss.

My attention is usually fixed on the losses most of the times and that is because like you have rightly mentioned, before the wins comes in, the loss management matters the most first because how well you manage the win will determine how long you will stay to eventually get on a win and possibly recover from all that you have lost. but if you are so focused on the win alone, the most part of the times you will suffer losses more and have only but a few chances at the win which may even not be making up for your loses well enough to give you the actual joy of gambling. keeping your losses in mind so you can be able to as much as possible keep them under control will mean and help a whole lot to you than you will if you are ever having to continually focus mostly on the wins alone.

In gambling, I think what is most important is being a responsible player, whether you are losing or winning, if you are playing responsibly, you won't feel that much regret of someone that places so much value on gambling for their daily survival. Some persons can stake with a huge amount of money in the name making a big gain, that's greed and an act of irresponsible gambling behavior. The ability to stake with an amount that won't hurt you so bad when lost, is better off than taking big risk.

The expected loss is what also needs to be considered because gambling is not just about winning but also losing. It makes no sense to only think about winning in gambling when winning is not even certain.

Expecting only to win in gambling is also what makes people desperate, which leads to excessive gambling. When the thought of loss is there, knowing that it can happen, one will always remember to gamble with an amount they can afford to lose.

 As it is gambling, it is essential to keep both winning and losing in mind because it plays an important role for a gambler to consider the ideal amount that should be used in gambling.

I believe it's better to have the expected loss, as it will prevent me from gambling more than I can afford to lose. Most of the time, it's the imagination of winning a lot, but it's not going to help because it might not come true, and you might get attracted to putting in more to reach that goal that you have imagined.

It is better to lose one day than to lose your whole life.

One thing about gambling is that, you can’t control how much you’ll win, but you can control how much you’ll lose. The reason most gamblers lose more than they win is because they pay less attention to their bankroll, yeah they lack bankroll management, they don’t even know a thing about risk management, it’s always about how much they stand to win, sometimes they ignore the odds and even when they lose, they don’t reflect on the reason why they lost in the first place, they’re already trying again, and they continue in this loop until they’re completely drained.

All gamblers surely hope to win; no one expects to lose. Although gamblers can never truly avoid losses. 
But betting management helps gamblers last longer in the game. I guess it all depends on the strategy each gambler applies while playing. 
Some gamblers, or even most gamblers, may not count or pay attention to the amount they lose in betting. What they focus on is each session's bet, whether it results in a win or a loss.

For now and this second I have not found anyone who immediately spends money as capital hoping for a loss, 100% of the people I have found and seen them all hope for a profit, including me personally.

So, the question is, does everyone who gambles need capital to bet, if yes, of course they hope for a profit, regardless of whether they gamble for fun, hobby, entertainment, addiction and so on, we all hope that there will be a profit in every gambling bet, that's for sure.

The risk is the one to be considered no matter how good of a game it might be you risk must still be standard and and not more than you should be risking, a lot of people have made regrettable mistakes because of how they did not manage their risk. i have been in situation where by i had so much confidence in a game i was so tempted to risk so much because of how good it was but i actually got discipline and risked my regular, and to may greatest surprise the game didn't go as planed, at that point i was totally surprised and grateful at the same time because i didn't risk more that normal because of how confident i was about the game. so no matter how good the trade may look i still choose to prioritize my risk than rewards.

This is the most important thing you mentioned in your statement.

Having the right discipline on your habits is the key in incurring huge amounts of losses on your part. If you are fully aware of the allocated budget for the day, then you should be responsible enough to NOT withdraw money further once you reach this. If you continue this practice of only exhausting your budget for the day, then you would be able to prevent being addicted to gambling.


You should always have the mindset of expecting a loss.

The reason behind this lies on your judgement whenever you are faced with these situations. For example, if you approach the gambling by expecting a win, you can potentially chase this win ultimately falling into an endless loop. However if you expect some losses on your part, this would compel you to stop at a certain point preventing from going overboard on your budget.

This is precisely why casinos punish those who believe in miracles and have a positive outlook on life. Those who believe they'll win will face problems, as they don't anticipate losses and won't be prepared for losses or even the most dangerous situations. These optimists will try to win back their losses time and again, losing more and more deposits and bankrolls.

Never expect too much from gambling. We all know that we lose more than we win in most cases, so it would be wrong to expect only wins. However, it is not wrong to look out for big wins and also make plans on how to use them. Some economists claim that the reason why some big winners in gambling become bankrupt after a short period is that they don't have a plan in place on how to use such an amount. High rollers expect the best but they are also ready for the worst.


When we see or hear stories of people who harm themselves, like committing suicide because of gambling losses, it is a typical example of people who are not ready or prepared to accept losses. Maybe they have expectations and were disappointed by the outcome of their bets.

In fact, everyone wants to win and make a profit from the casino. Casino players never want to lose, they play the casino again and again with the hope that they will lose, and later on, they see a ray of hope in the midst of that loss that if we can win, maybe our losses will be covered. They should not understand that they should not play the casino with such hope. You can never expect 100% surety in casino games because the style of the game changes in an instant.

For this, there will be a message for every casino player, always play the casino to enjoy it, do not take it as a profession or as a means of earning half, then you can keep yourself safe.

Gambling is not something that can be won frequently, so the longer you keep your bankroll, the more you can expect to win from gambling. Because if I can continue gambling, then I can dream of winning. But if I quickly finish my bankroll by making big bets, then in that case there will be no expectation of winning and recovering the loss. And at that time, to continue gambling, I will have to deposit more and continue gambling. And if someone gets used to making big bets, later gambling with small amounts will not encourage him much. Because of which later he will go to gamble with big amounts even though he cannot afford to lose it. So always gamble with small amounts and keep your bankroll safe.

I'm not being hypocritical; my primary hope is to win. However, I must also be prepared to accept that losing is an inevitable consequence, because ultimately, the house always wins. Therefore, to be a responsible gambler, minimize losses, and survive long-term, setting a bankroll is key. Healthy bankroll management can at least help minimize our losses and avoid serious financial ruin. Simply put, if you lose, stop immediately; that's your limit.

No matter how experience you are in the field you will surely experience profit and loss in gambling.there are some people losing will be their starting in the gambling before they will start  gaining to stay long in profit making in gambling.

Gain side  is where I belong in gambling, and am working toward it to become a favor person in gambling. what brought me to gambling is gain and I have nothing to worry when the gain is not coming now, becausei I gamble with what I can afford to lose any day or anytime.

The expected loss is surely more important. Think of what you can easily affard to lose during your gambling session and then never go too much above it. I mean, you can set that number at $10 and then lose $20 in reality, that's okay if it happens once per month. But if you lose $600 per month instead of planned $300 that might cause a problem.

I'm part of that minority who plans possible losses first and how much they can afford to play in the event of an immediate loss, for a week.
I have a limited budget and I try to make ends meet with enough money to be able to afford to place several bets in 7 days.
I happen to win and I use what I won to also play slot machines, trying my luck.
So all in all I play with little expense and wait in hope for a good win, sooner or later it will happen.

Growing up as a kid, my Dad do tell me to always think about the negative and positive sides of life and learn to balance it, he's right afterall and I think same implies to gambling, we shouldn't only think of the possible wins but the possibility of losing so it would help us limit the amount we spend on it, well I've figured out that most people do focus on the bright side forgetting that the chances of losing, sometimes could be higher than what the potential win.

The expected loss is the one we all should look out for because if we plan for the expected loss we might be able to manage our bankroll better. Expected loss may also hurt less. If your losses are less than your actual expected losses then you will feel better but if your wins are less than your expected ones it can hurt your bankroll management.

Well, based on my long months in sports betting, I always prioritize seeing the expected loss. This way, I prepare myself better psychologically and can better manage my bankroll. For example, let's imagine I have $10 in bankroll and I put $1 in a game. When I do this, I start counting that I only have $9 in bankroll and I put in my head that the $1 I bet is a lost bet. Only when the result of my bet comes out and I see that I actually won, then I start counting the profit I made thanks to the $1 bet I made. I use this approach and it saves me a lot of headaches.

I think we should expect both returns, either a gain or loss but most importantly we should be very meticulous about our loses made cause mismanagement of funds ain't a good one. Sometimes everything just happen in a jiffy beyond our expectations but then we ought to be ready for what's to expect at every point in time and hence the need to stop in time.

Seeing that for me I love to gamble with a target amount in mind, I look forward always to the expected profit.
I try to infuse risk management skills that I have learned a long time ago and instead of looking at losses or expecting losses, I tend to always believe in the best positive outcome but limit the number I would have to try for it and if there's a cashout, I may sometimes opt for it just to be done with that bet for the day.

The fact that the whole casino or gambling business idea is operated to give the house an edge over a player or gambler, makes you know that the original default program by the gambling platforms  is expected loss to be greater than expected gains.
They love it when gamblers chase losses and it is only the wise ones that would try to focus on expected gains.

I think both sides, both profits and losses are equally important, the most important thing at the beginning when you play is how you manage each round, whether there is a chance or not, this is where the important role is in gambling. If you use it well, of course the profits will follow you by themselves.

Use winnings as motivation, but losses as a reminder. And remember, And you must remember that gambling is not a field for making money, there is no guarantee that you will always win. The house always has the edge. It's best to play for fun, and not get too caught up in the illusion that you'll win the bigger jackpot you're hoping for.

You know some gamblers are very greedy and for that reason they pay less attention to their continued losing, many gamblers are just after the amount they are ro win so bankrol management is not that important to them, but as a gambler, I think staying safe without being held hostage by addiction, we should as a matter of urgency make sure we monitor the rate at which we keep chasing loss, there something I have to say, in gambling, losing is not something we can shy away from, so we must think about that, if it keeps occuring then we should pull a bit and return later I think that will make us to get the brain relax and get in again, going on and on as we keep losing will amount to what we already know which is not healthy for any gambler.

There is more for us in defining why we are gambling and what we wanted from it, this will now determine the reaction we are going to made whenever we are in either of these situations, regardless of if we are losing or winning, it doesn't matter, all that is of concern is for us to have the necessary opportunities of gambling and making fun in it, without taking it too serious whether we win or lose doesn't matter.

I agree, extending the number of bets increases the chance of winning the bet but it doesn't guarantee more money either so we should never dream or rather expect a win, if it happens, it will and just enjoy it at that time, because we can't plan those things. Always expecting the worse can help with the disappointment but reality is we all are connected with emotions that get carried away from what we are intend to.

Anyway we should know our limits, when we are losing we need to learn when to stop.

When cryptocurrency investors become so greedy  to the point that they doint expect any thing less than profits, at rhag point their will start losing it and stand a chance to end up being demotivated, most of those that have such misconception about cryptocurrency investment also take crypto to be a get rich quick scheme.

I always hope to win, but we can't be sure whether we will actually win or not... So I don't like to make any premature conclusions or plans. It's on us to place the bet and wait for the end of the game... I learned a long time ago that until the referee blows the final whistle, anything is possible... sometimes big changes happen in the last few minutes. Sometimes those changes can be good for us, and many times they simply ruin our bets.

Some of your sentence is too big for me to grasp but yea, everyone gamble to hit a very big amount of money which is profit but we know it is not something that can just happen or come to pass without loss. Loss is something no gambler can run away from despite how careful and good they think or claim to be because when it is not your luck it is not your luck. And sometimes no matter how careful you manage your loss or your money, if you don't have luck that money will definitely be exhausted so it's actually not about been careful but also how lucky you are. I don't expect loss rather I expect win but I do make loss because I can not overcome it all time.

If some one gamble only with the plan of winning, the gambler has a higher chance of losing. Therefore, the gambler should gamble not with winning but also with losing. If the gambler is able to understand the loss well, then it will not be difficult for him to lose. In gambling, everyone is enthusiastic about winning but losing is also deeply embedded in it. I think that since winning and losing are 50-50 with every bet, we should accept not only winning but also losing. When there is a fear of losing while betting, it will be difficult to behave aggressively to win.

Okay, to find the most reasonable answer, we must first examine and research what gambling actually is. Does anyone here agree with me that gambling is a business for casinos, whose goal is to generate profit? Logically, I think it's TRUE.

The reason is because most of the time, we lose more than we win, right? ;)

This means that what's more important is managing and preventing losses. Why? Because even if you chase wins, you never know when they might happen. Another contributing factor is that the percentage of wins is much smaller than losses.

People think about the possibility of winning more than that of losing and I think that this is a wrong mindset to have when it comes to gambling. If you only gamble with the intention of winning you might end up getting disappointed at the end. Gambling is game of wins and losses, this is why its important to always stake responsibly because anything can happen at the end of the day. The chances of winning can only be increase my based on the type of games that you play and also the strategies that you apply to make sure that your losses are been minimised. If you are not tactical you'd lose more

If we know from the start that we will lose in gambling, it is very likely that most people will avoid gambling, because basically gambling is done to try their luck. Everyone will certainly prefer to hope for victory in gambling because if what is expected is defeat, then the gambling that is done will only be in vain and of course only a waste of time with this gambling activity.

This is definitely an important point, what is your main purpose in gambling, depending on this purpose you will get results.
For example, if your purpose is to make money, then your gambling style will be:
You will not be able to accept defeat, if you lose, you will become aggressive to recover the loss, and start gambling more for this. And the end result of all this will be huge losses.
But if your purpose is entertainment, then even if you lose, you will not worry too much about it, you are gambling for a temporary period, so you also can stop yourself at the right time.
This way it will be a healthy pastime, where you will not have any huge financial losses, because you initially started gambling only with the amount you can afford to lose.

I have already estimated the amount of losses for each gambling session. No gambler can avoid losses, so I prepare an amount that I can bear. 
But of course, you know that every gambler expects to win. Still, we must be realistic that we will experience more losses than the wins we get. 
I don't see which is more important. Expecting to win provides motivation. And managing losses is also good for planning your financial budget.

Expectations sometimes can turn out to have negative effects and outcomes on us. Like it can make you remive and take out all the risks away from the equation.

Since I already know that losses come more often than the wins, I tend to expect the losses more than the wins, so that when/if the wins doesn’t come, I’ll feel less or no disappointment and if they come? That’s for the best.

Well, for me it’s the expected loses that is more important because I know what unplanned spending in gambling have led me to, so I don’t ever go there without already having the amount or rough percentages of what I’m willing to lose in that session. I now make deposits of what I’m willing to lose and once that amount is gone I too will leave till I get another one or till I feel the urge to gamble again.

For the wins, I don’t usually think too much about it, as simple as x2 is enough to make me call it a day, and since my deposits are usually not large, it takes very short time to hit it whenever I’m lucky, so whether it’s the lose or the wins, I tend not to spend too much time gambling because I know the kind of person I am and what it could lead to If I spend way much time than I’m supposed to spend gambling.

Expected gain is more considered I mean from my end I’m ready for any outcome always yet winning comes first reason why everyone make possible means to win no matter what. The amount should be limited also not minding a win or lose situation because gambling is totally unpredictable, I know few people will always regret when using little amount mostly after a win, that’s normal but letting emotions gets in doesn’t sound right firstly we don’t know when to expect lose or win so it’s best gamblers stay on budget when gambling always probably exceeding the limit will definitely affect the budget.

It's always good to expect the worst in everything not because you are negative but its a way of building a mental fortitude, this prepares you for anything that happens. Alot of people fail to brace themselves for impact that's why they get disappointed when they lose. Always expect losses more than wins, winning is not guaranteed in gambling it is all based on luck. Just take gambling as a fun activity

I like your idea because you vividly expressed yourself on gambling and how it is unpredictable whether you have a sure game or not, you can still lose money to betting. Those that are new must be wise and patient and not allow other players result to increase the zealousness in them to continue gambling on a steady. We don't expect to lose bet but it has been a norms that people must lose for the casino they are using to have enough money to pay for ads, staffs, partnership and others.

In the world of accounts, you are told to recognise loses than profit even before they happen, and I want to believe this is the same line of thought as what has been shared in the OP.

Besides, I think naturally losses will mess with your mind more than what a win would do to you because nobody enjoys losing.

The way you think indicates a realistic grasp of the reality of gambling. No one can be sure that they will win regardless of how sure they are of their decisions. There is never any doubt about a certainty that gambling is always subject to. Consequently, new entrants are not to hurry in winning. Rather they ought to be taught to learn about their patterns and limits. One should be extremely patient and not make such a decision influenced by emotions or influenced by other players.

It is a normal condition of the process of making casinos operate and losing is a normal factor which all the players should accept. When a person perceives gambling as a game that has material outcomes and does not presuppose that it is a means of earning, one will be capable of making the process enjoyable without being stressed and losing control.

Well, losses are to be expected but I think that our brains functioning well and getting us close to the results that we want.

And that's why it's best to think of the expected gains and wins that we are targeting. While not ignoring the fact that if we've got some losses, just expect them and accept it freely.

So, there's balance in both acceptance but the mindset that we're having is really powerful. And so to begin with, we have to think of the positive results and expected gains that we'll potentially have.

If possible I will tell people to halt gambling because this game is not fun at all. You will win today and lose that money thinking you add going to win another one tomorrow but your tomorrow might never come close.  I know family men that had lost more than they had won as gamblers and that is a warning to those young neggas thinking they can make all the whole money from gambling when your company can not even pay your salary in advance for work you have not done.

From your statement I think the expected loses is more important because it is easy to lose than win that's why we should expect more loses, and that is the more reason we should plan our bankroll very well in other not to get exhausted too quickly while the game is still running. If we can be able to manage our bankroll very much, we may be able to lose more and still hit that big win unexpectedly.

It is not a crime planing to win a game but as you are thinking of it, you should also be prepared to lose the game and in such thinking, you will have to make sure that the money you intend or plan using is a money you can afford to lose at any point in time if in case anything happens. Gamble is unpredictable even core gamblers also do the same as well.

Winning and losing are important in gambling - I truly believe that if we dominate one the them, problems will arise. Gamblers likely can't win more or consistently - while they tend to lose more. So, if we consistently stick to one of them - we'll inevitably encounter problems. The most important thing in my opinion is to gamble responsibly - learning to control yourself and not overdo it. It's unwise to gamble without limits - which is why every gambler needs to have their own limits, including time and money limits.

To be on the safe side its better to expect losses more than gains...this is the reason why you must learn to stake responsibly...its a delusional thing to think that its always possible to win im gambling but if you are not ready to losses then you shouldn't be gambling...expecting losses means that you are ready to accept whatever outcomes that you get from gambling,  you must be mentally prepared for it so it won't take you by surprise

Luck is not profit, if we think about losses first then it is better not to gamble, that means you are not willing to lose & don't think too much about profits in gambling, the more you chase it, the more aggressive you are and the harder it is to control yourself, play casually without thinking about profits and losses

That makes sense, because I think players who hope to win actually end up with the opposite, becoming more aggressive in their gambling, such as chasing wins, which is actually unnecessary because it only makes the situation worse with consecutive losses. Gambling should be done responsibly, but this doesn't happen because of the hope of winning. Furthermore, we should be prepared to lose, after all, losing is more likely than winning.

That's a nice question. According to me I think the expected losses are far more important than the expected wins.
If we don't manage our bankroll well then we won't be able to sustain our profits for a long time.
In that case we will eventually lose more than we win. So managing the bankroll effectively is essential.

If we are careful with our money, then before thinking about how much we will gain, we will first think about how much money we can lose if we take a risk. We try to earn extra money by using the money we have, but the money we earn extra is a different matter, but the money we have in our hands is the most valuable to us, so we have to give more importance to this money. I think it is foolish to gamble with all your money, gamblers should think twice before gambling and then understand the type of gambling and take risks with money. My prediction says that if I bet here, I can get a return on my money, but if we bet on a bet that I have no idea about or about the gambling, then that is also risky for our money. So a gambler has to be both responsible and careful.

I believe the reason for this is misinformation. A lot of people who enter the gambling world are mostly misinformed, which mostly leads the misconception about gambling that the most important thing about gambling is winning, and so they’re willing to do anything just to win. You’ll see a gambler lose over $300 in just a session and still continue playing, and when he eventually wins just $20, he’ll celebrate that winning like it’s worth more than the $300 he lost, and then that $20 serves as a motivation to them to keep going that they could eventually recover their losses and maybe win more, and by the end of the day, they lose even more and go back home with nothing but regrets. Proper information about gambling helps to give us proper guidance on how to approach gambling in order to have a safe gambling experience.

Typically, when someone first starts gambling and makes their first deposit, they already have the amount they can lose in mind. They can see it right in front of them and imagine it clearly. At the same time, of course, they're thinking about winning. For some, the goal is to double their deposit, while for others, it's even ten times their total, and the two are always different.
And it is precisely these different expectations of the final profit that force some to replenish their deposits again, while others are forced to resign themselves to the complete loss of their first deposit.

People think that gambling could change their lives forever and for the better. Unfortunately, they end up compromising their finances. We can't find assurance in gambling. Yes, we can aim for victory but never chase it because that only leads to financial collapse. It is better to just enjoy and consider gambling as entertainment, so it won't pressure our minds and we can sleep well. Of course, we don't expect losses but also prepare for them because gambling is a win-and-lose situation. And we can't change how it works, no matter what. So live it that way.

You have hit the nail on the head, whether it is expected gains or loses what matters is that you're using amount that you can afford to loose at anytime you're gambling. Expecting to win is no doubt very good because everybody likes to be a winner but as much as you like to win you should always remember that loses is a part of gambling also. More importantly to note is that loses occurs more than wins and that is the most important reason why it is better to always use amounts that you can afford to loose. Some gamblers get carried away with their desires of big wins and not put into consideration what they might lose before achieving their aims.

I think this would depend on what pains the gambler most at the end of the outcome of his bet assuming it all went bad for him. What am trying to say is this, there are gamblers that get stuck on complaining about the potential amount they were at the verge of winning before it went bizarre, this set of gambler wouldn't give a scent about how much they've used in staking thwredo the potential win that was unachieved becomes their worry than what they spend.

But in all, having to use what we can afford to lose despite the amount in chase we straining ourselves on winning, what we spend to gamble should be within the limit of what we can afford to lose because at the end of the day it wasn't the potential win we literally lost but what we staked with.

Some persons too are just badly experiencing ill luck, that's why they can not have more wins than their losses, while some players too are just overwhelmed by happiness while winning, they then allow greed to come into their mind which will make them lose all their winnings back to the casino. Some gamblers are actually winning but greed is also making them lose everything back to the casino.

Yes, that's the point. As you said, if we want to win, we must also be prepared to lose. Losing is inevitable, as in gambling, the odds of winning are much smaller than losing.

Unfortunately, losing money is incredibly painful for most gamblers. Most gamblers are prepared to win, but not to lose. That's why so many gamblers become losers, constantly getting emotional when they lose and chasing their losses.

If a person gambles with such thoughts while gambling, he will always win in gambling, this can be a big risk for him. Because while gambling, no one can understand for sure that he will win in gambling. Sometimes if luck is good, there is a possibility of big winnings, but most of the time due to excessive greed, he has to lose in gambling.

I believe there should be a balance, but I rely more on losses than on gains. Not that I enjoy losing, or that I gamble for it, but for me, it's the greatest certainty I have when gambling. Managing losses is the best strategy for maintaining a healthy budget.

I think context matters a lot. If he's just playing once a month with $10 or so, the chance it develops into addiction is definitely lower than someone who is stuck with the casino 24/7. At the end of the day, nothing's wrong with being prepared for losing money or predicting your winnings. I also don't believe that one or two actions which is beneficial for ourselves mean we won't win big. That just feels like addictive thoughts instead of rational thinking.

You made some statements that are not correct because if you say a lot of people don't think about the amount they are fine losing, you are then saying that a lot of gamblers are addicted to gambling. Every gambler already know that the most important rule of gambling is to play with what you can afford to lose. If many people ignore this rule, we would have been hearing horrible news daily about people being frustrated by gambling even in this forum. I believe a lot of gamblers like we have in this forum, are gambling the right way.

Regardless the fact that gambling is supposed to be treated as fun but I'm sure that no one will ever say that the losing side is more important, there's no one who would want to choose lose over profit unless the person doesn't know the value of money but in as much as I will like to say that everyone knows the value of money so the answer is the profit side is more important than the expected loss  Moreover there's no excitement that comes from losing instead we keep panicking or feel disappointed at the game. So profit is what makes gambling look more interesting and fun.

I think loss management should be given the most priority than anything else. There is nothing much one can do to make sure that they win consistently since gambling is more about luck. It is wise for a gambler to ensure that he doesn't lose so badly that he has to go broke.

Many here would definitely say setting loss targets or limits is the best, but in reality they do the opposite, which is to focus more on making profits while incurring series of losses just to chase profits that are not guaranteed.

Expecting losses doesn't make you persimmistic it just means that you are a smart and realistic gambler. Losses can come at any time and if you only anticipate profits or gains you might be in for a disappointment. Alot of people only think about the possibility of winning without actually thinking about what happens next when they lose. Profits makes gamblng more interesting but this is something that is not always guaranteed

As you you gamble it is important to also consider how much you might lose because gamble is just another two edge sword. If you are not so luckyz just know that you will lose your money. Gambling is not always about winning, sometimes you also lose. So expecting profits from gamble will just make you greedy and nothing. Greediness is the beginning of losses. The more greedy you become, the more losses you will get. All gamblers have their own lucky but the moment you are so greedy because you normally win a bet, thats the moment you losing.

I don't understand why some people only think about winning when they clearly know that gambling is not only about winnings, but there is a higher chance for a person to lose than win if they gamble for quite some time and don't stop because we know we can't stay ahead of the house for very long. If we get lucky and win something at the initial stage, we should use our brains and withdraw the money so that we don't get influenced by our brains again and then lose whatever we had earned along with our initial bankroll.

When we gamble, whether it's our first time or we have done it before, we should know that we are either going to win or lose, we can't only expect to win because that doesn't happen, and if we have our expectations correct, we wouldn't be mad or angry when we lose because we already knew this could happen, so we will take it lightly instead of getting mixed emotions and then making reckless bets and losing more money.