Smart or greedy gamblers

[stompix]

Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up.

Nope, wrong perception.
I had my own topic about cash-out, you must understand that the cash-out is just another bet.
You bet your current won amount on the last or the remaining matches, you think the matches will be a loss or a win.

Technically and spread over a multitude of games, the probabilities converge, so your smart gambler that takes cash-out early will end with the same results as the greedy gambler that waits and waits till it hits one huge win.
There is no bulletproof tactic that will ensure a winning strategy, in the end it's a matter of possibilities, which mean probabilities, which is math, and since odds and cash-out options are calculated by raw math on probabilities, the end game after a ton of those will be 99.(9)% the same.

[I_Anime]

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

I always advise folks to always be In the safer side so we can’t tell if we are going to be lucky on not in particular gambling session but we can reduce or should I say minimize our losses like not going in with huge amount of money ( gambling with what you can afford ) and cashing out when necessary than to always wait for the game to conclude I know if you don’t wait you won’t end up with some nice wins , but look on the bright side there are chances of you losing at the end of the game so you securing some win before the game conclude will put you in a safer side is better to win small than to not gain anything at all .

[swogerino]

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

We will call them lucky gamblers and unlucky gamblers. Every gambler has different courage in taking risks, people call them greedy gamblers because they challenge their limits. they take risks that they should not be able to take. Having some wins in hand is good enough, but choosing to take the risk of continuing to bet is another choice that will rely on their luck again. Lucky or not, such gamblers still have greed, we will call them that.

That is good division between smart and greedy, so lucky and unlucky is more real to the gambling world. Unfortunately we will see that there are much more greedy/unlucky gamblers as we see much more of losing persons than winning ones which we will call smart/lucky gamblers. Sometimes as they say fortune favors the bold and so some people, well most people continue to play hoping to get that bold hit of a fortune or getting the max win and most of such persons get even more losses. I would never be bold especially in slot machines which are algorithm controlled and even the casino can mess with the RTP, as even slot providers say they don't let anyone mess with their RTP, behind the scenes they surely do.

[shogun47]

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

That's usually what those people do who have no clue how these cash outs work with respect to the amounts the bookmakers offer for the cash out. It's pretty much the same situation the gambler is in most of the time if he checked the odds later and then consider a bet. For instance if you go for over/under bets and your bet is looking great very quickly because goals are scored early, but one goal is missing, then the odds for your outcome pregame are now significantly lower because it is far more likely you would win it. But bookmakers don't make you a favorable offer. They just offer you an insurance that costs you money. If you are fine with giving them back the cut and sell your advantage you over over the bookmaker, then ok.

I think it's a lot about the total amounts someone bets. If there is an amount that would hurt the gambler if it's lost, then the cash out option may become more viable. If it's for fun and you went with some low amount crazy bet and it doesn't hurt you, you could as well just let it run till the end.

[Makus]

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

I always advise folks to always be In the safer side so we can’t tell if we are going to be lucky on not in particular gambling session but we can reduce or should I say minimize our losses like not going in with huge amount of money ( gambling with what you can afford ) and cashing out when necessary than to always wait for the game to conclude I know if you don’t wait you won’t end up with some nice wins , but look on the bright side there are chances of you losing at the end of the game so you securing some win before the game conclude will put you in a safer side is better to win small than to not gain anything at all .

I agree with you mate. In gamble we cannot always make positive predictions and that is why there are no expert gamblers. We are only beneficial of gambling wins because  luck  was on our side,  its ok for most persons not to cash out after all they are responsible for their actions and its their personal choice but for me, i'v realized that one of the ways of minimizing loses is when you seize little opportunities given to you. And cash out is one of them, provided the cash out amout is higher than my stake its a profit for me except in rear cases where I decide to wait for the full game end result probably  because the odds of wining is high.

[GxSTxV]

This is not totally true, when we speak about gambling addiction, I assure you that it's not the same as we speak about gamblers that are spending more time if their session trying to win something. The difference between these two is the addicted will never stop gambling even while being in a good win, he keeps playing untill losing both capital and gains.

Smart gamblers are the ones that uses a good money management, even losing their deposit they don't feel that sad and lost control to deposit more money trying to recover. Greedy gamblers also might be different than addictive ones, as they only keep playing more while winning. However, greedy not addicted people they won't chase their losses or take loans for their desires.

[|MINER|]

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

I would just say that as my personal opinion, those who give such opinions without knowing that is that gambling is doing his bet for fun or not are just giving hypocrisy opinion.
When I give an opinion on this topic, I follow two things: what the gambler is actually gambling for: is he gambling just for entertainment or for earning.
And if I see that he is betting for money making, then even if he wins I will say he is doing stupid things. And if the purpose of that gambler is only for entertainment, then I would say that in one case, luck favored him and in another case, luck did not favor him.

[Rengga Jati]

Luck is very rare to come by. So if you happen to win, better make it worthwhile. Don't just spend it again to your games because you will likely lose it all again. As much as possible, cash out and then use it for something valuable to you. So at least you can say that something has been the fruit of your gambling activities. But unfortunately, most will go back and spend more as they are hoping they will hit again. Sadly, you can easily lose it again as there's no guarantee in gambling. The usual scenario is losing your bets if you won't stop your games.

True. Since the factor is luck, it is very difficult to determine the wins. Sure, it is better to withdraw and enjoy the prizes whenever we succeed winning the games. At least, we should withdraw a half of the prize, so we can enjoy it. If we use all the prize to gamble again, no doubt the prize will run out. We must already experience this many times, so I'm sure I don't need to explain it more.  

When they got enough prize, it is normal if they want more because human will never satisfy with what they got.

If they still want to gamble more, it means the prize isn't enough for them.
Well, I admit that we will never feel satisfied because we must expect more and more. But we must try to think realistically that there is no guarantee to get more prize. Instead of getting another prize, the current prize can run out.

[alegotardo]

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

I understand your point of view and how it demonstrates human perception that can be influenced by luck and outcome rather than logic and reason... in fact this can lead to misjudgments and a lack of empathy towards others.

But I also disagree with you because I believe that a smart player is not one who has been lucky, but rather one who has been able to manage his bankroll effectively, make informed decisions and win a significant amount without taking unnecessary risks.

In fact, luck is just one factor that can influence the results, but it is not what defines a smart player who is able to analyze the probabilities, manage his resources and make decisions based on strategy and not on emotions.

Are there many lucky players winning a lot of money and being called "wise"? Yes, there are!
But there are also players who study, plan and work hard to get rich with a lot of effort, low risk and merit, not by luck!

[traderethereum]

As long as people think about money, they will do it by all means. They gambled more because they wanted more. A normal scenario that a person has in their life. Whether we admit it or not, we live in this world full of greed.

Unfortunately, not all the things we want to happen can be achieved, especially in gambling. Greediness is good in other things, but in gambling, it could entirely ruin our lives if not stopped. So we don't wonder why other people become too greedy as they choose to live that way.

Once they see their win money in their account, they think that I can increase that money by place my bet on the other gambling games. But that will not as easy as they think because gambling will not let gamblers win so much money. Casino can take all of their money without they realize.

Greediness only make us in trouble especially if we don't care with ourselves and want to fill our hunger or satisfying our wanting. We should be a smart gambler so that we can use our free time to playing gambling but not wasting too much money. We will not let that happen to us because we know the risk of playing gambling.

If they still want to gamble more, it means the prize isn't enough for them.
Well, I admit that we will never feel satisfied because we must expect more and more. But we must try to think realistically that there is no guarantee to get more prize. Instead of getting another prize, the current prize can run out.

Think realistically is something that we need to always have so don't playing gambling excessive and only want the winning. We must see that winning in gambling is not easy and that will need much money to win big except we have big luck that will help us to win big. But not many gamblers can have their big luck come when they gambling so that is why we must realize the reason of playing gambling which is to have fun.

[Kelward]

Gambling is all about making choices, it can either end up in your favour or it might not go in your direction...if a gambler takes a cashout offer and wins the bet people would say that he is an impatient gambler but if he doesn't take the offer that's given and ends up losing the bet he would be called a greedy gambler. This isn't hard at all just take risks within your comfort zone, stake what you are comfortable with losing, follow your gut and do whatever your instincts tells you to do.. gambling is a game of luck, your decisions can be favorable to you or you can be unlucky.

This is precisely what gambling should be, do what you feel is right at everytime you're gambling, no need to saddle yourself with regrets if you lose because there's no guaranteed strategy for winning. I can not blame anyone for losing if their gambling strategy doesn't work because the strategy can work sometimes. Cash out if you don't want to extend your risks but if you have the guts to continue by all means go for it. The important thing is to gamble responsibly with amounts that you can afford to loose, this is where my focus lies, when I stake with a small amount I can decide to cash out or continue depending on what I want at the time.

[dimonstration]

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

Just like what you mentioned, The outcome of the game always dictates what’s wrong and what’s right decision making on the game. There’s no correct/wrong when the game is still live since the outcome is unknown.

Important thing to consider is gambling was dedicated for entertainment purposes so regardless the result more important thing to consider is do you have fun.

It’s useless if you won your money if you didn’t have fun because sooner or later you will just lose it again if you are not satisfied.

[Mpamaegbu]

Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment.

Yeah, it's human nature to assume things could've been done better if it went wrong. We're all smart on hindsight, isn't it? For me, such a comment isn't necessarily of fault finding. No, I don't want to see it that way. I think it's even a part of sympathising with the loser if we can decode that type of blame. Every gambler wants to hear success stories around them of colleagues winning as that encourages them. So, when gamblers are presented with stories where someone should've won but flopped it, it doesn't go down well with the hearers/listeners. That's why we get to find such comments like it's judgemental.

[Dr.Bitcoin_Strange]

, but look on the bright side there are chances of you losing at the end of the game so you securing some win before the game conclude will put you in a safer side is better to win small than to not gain anything at all .

While if you decide to accept some profit before the end of the game and at last the game becomes successful, some people would say the gambler was not smart. Some people think that a smart gambler is someone that will hold unto the game till the end but it must not necessarily be so, if my bet gives me a good amount as cash out, I will take it and even after I do, the game still turn out positive, I wouldn't regret it, because I didn't lose.

[shogun47]

, but look on the bright side there are chances of you losing at the end of the game so you securing some win before the game conclude will put you in a safer side is better to win small than to not gain anything at all .

While if you decide to accept some profit before the end of the game and at last the game becomes successful, some people would say the gambler was not smart. Some people think that a smart gambler is someone that will hold unto the game till the end but it must not necessarily be so, if my bet gives me a good amount as cash out, I will take it and even after I do, the game still turn out positive, I wouldn't regret it, because I didn't lose.

No most people forget that it is gambling for a reason and that includes using the cash out option. You got into the bet in the first place because you identified the odds as being attractive to you for some reason. Then your bet is on a good way to end well for you and the bookmaker wants to include some damage control, but it is not a one way thing. They offer you a cut of the full amount in exchange for giving up the great to chance to win it all. For the bookmakers it is really only about doing mathematics in the background and balance the pool of all bettors with the help of cash out options such that they will end up being almost always the winners once all bets are settled. The calculations are one thing, but whether it was good timing or bad timing or smart or dumb when you use or not use the option, still remains a gamble.

[CroverNo01]

, but look on the bright side there are chances of you losing at the end of the game so you securing some win before the game conclude will put you in a safer side is better to win small than to not gain anything at all .

Look on the brighter side, there's major winnings and modest form of transformation of crucial data. I would prefer the smart gamblers because they're the main survivors, they know exactly what they're doing to enchanced the system. They do no relent on some random guesses that wouldn't work or might work based on how lucky one becomes in the space. You do remember that we're not here to gamble but strategized on milking the system with good confident tactics. Wouldn't that be enjoyable and acknowledge? It will be, with just few brilliant steps, one can see himself actually conquering hurdles and becoming the very best version of himself.

[Muba20]

Generally, a gambler is considered to be a gambler based on his gambling results. There are many gamblers who have very good gambling experience but if they keep losing repeatedly then anyone will have a negative opinion about them. Either he does not understand gambling or he does not have gambling experience. His negative aspect will come out but we will never tell those who have good gambling results that he does not understand gambling. Rather, he will be praised. This is a very natural thing. An idea about a student's education can be gained based on his exam results. In the case of gambling too, many people will consider it that way, especially those who will consider that gambler from outside. Whether a gambler is greedy or smart will depend on his gambling results. Although nothing can be considered in gambling by the results of one or two bets, the results of a few regular bets will definitely not reveal anything wrong. According to the gambler's attitude, he will get his results.

[Negotiation]

Gambling is all about making choices, it can either end up in your favour or it might not go in your direction...if a gambler takes a cashout offer and wins the bet people would say that he is an impatient gambler but if he doesn't take the offer that's given and ends up losing the bet he would be called a greedy gambler. This isn't hard at all just take risks within your comfort zone, stake what you are comfortable with losing, follow your gut and do whatever your instincts tells you to do.. gambling is a game of luck, your decisions can be favorable to you or you can be unlucky.

It is true that gambling is a game of luck and gamblers fail more often because they do not make the right decisions greedy gamblers only hope to win, which is why they lose. Greedy gamblers are usually overconfident and have a strong desire for profit in their minds. They bet hastily and play without considering the amount of risk which can ultimately lead them to losses. They are also not in control of their emotions and make quick decisions they never want to stop and try to make more profit by placing risky bets which is why they are more unlucky.

[l3pox]

We will call them lucky gamblers and unlucky gamblers. Every gambler has different courage in taking risks, people call them greedy gamblers because they challenge their limits. they take risks that they should not be able to take. Having some wins in hand is good enough, but choosing to take the risk of continuing to bet is another choice that will rely on their luck again. Lucky or not, such gamblers still have greed, we will call them that.

Even if gambling is about the luck, but gamblers must think realistically for some matters. For example, when they got enough prize, they should stop it and decide to withdraw the prize. But if the gamblers always feel unsatisfied with the prizes, they probably never enjoy the prizes and lose again the prizes because they gamble with bigger money. So, I don't think it is only about the luck but it is about the mentality or maturity of the gamblers. The gamblers who become greedy, it means they are not mature enough.

If the winnings obtained by the gambler are quite satisfying, the gambler will definitely stop playing and enjoy his victory. However, if the victory is only a little, or not satisfying for the gambler, I am sure most gamblers will definitely bet it again for luck even though they have to face the risk of losing again. Greed is not a matter of the gambler's maturity, it is related to satisfaction and gratitude.

the thing is that satisfaction has a subjective side too
some will be happy with little, others won't ever be happy even with a lot of money

the thing is that the skills that help you to multiply your money aren't the skills to keep it too, these are different skillsets that should be developed.