Greed can cause a lost bet, (true or false)

[Lanatsa]

We can lost a bet through our greediness all in the name of increasing the chances for winning bigger amount, in gambling, the higher the risk the higher the winning amount because the odds do increases along side, maybe if we would have settled in for winning small amount and having this continuously or occasionally would be more of advantage to us than aiming big ad having no single opportunity for winning at the end.

Many things can cause a gambler to lose a bet . Of course greed is one of them and in fact I would in this case even tag it as the worst of them all. I have come across cases where a gambler continuously and consecutively hit jackpots for some period of time and instead of them to pause and take a break they continue to stake even to the extent that some of them stake the whole of their previous wins and unfortunately end up losing it all. In fact the idea of being a responsible gambler also entails being able to place bets logically by knowing only what to stake but also when to take a break .

Greed is a very bad attitude in gambling and no gambler is safe from it unless the gambler is disciplined and determined to do the right thing. No serious gambler should just be gambling without a budget and plan, the absence of this is what causes greed, and unless the gambler does not follow his plans and the management calculated per session, then greed and other emotions could creep in and this can't be good at all.

However, I still do not see greed as the worst issue in gambling because it could be momentary, what I see as the worst issue in gambling is desperation as a context. It doesn't matter whether it is the desperation for the money or desperation too achieve a goal through gambling, so long as gambling is involved, then an issue will surely arise.

Desperation also works hand in hand with fear, so I fear fear in gambling than greed because greed is done in a relaxed mood but desperation is birthed by many issues which include fear and could result to something worse if care is not taken. Regardless, the two are bad and we should do all we can to avoid them both.

Greed isnt temporary. This primordial impulse promotes ambition, innovation, and healthy competition. Some ambition never hurts, right? I believe a good dosage of greed may motivate us to realize our best potential and surpass ourselves. Harness greed and use it for good. It takes discipline and a good strategy. Clear goals, good bankroll management, and knowing when to quit are essential. Folks, ambition and wild recklessness are fine lines.

You are on point on which it would really be just that depending on how you would really be that having that kind of control towards self because greed is really that indeed part of human nature or behavior on which this causes up for us to proceed further because we are trying to achieve something which this isnt really just that applicable only on making money but also in other decisions in life on which you would really be needing to take action on which sometimes you could say that you are greedy into some opportunities on which it would really be that a common approach since we do know that this is something that could really be beneficial then it would really be just that normal that we would really be having that aggressive stance towards it.

On the time or moment that you would really be applying it on gambling field then this is where shit do happens. At the moment that you would be that too greedy for money
then this would really be causing up that kind of impulsive approach towards thing on which this might be that resulting that devastation into someones life.

[Fortify]

Last 2 night I signed up to an online bet called betking (become a KING) and I bet a virtual stake with 1700 naira to win 1,438,540.92 naira, but the game was lost and the bet that made it to lost was the last one I added, before I added the last one that made the winning to be this amount, I was having double thoughts like should I make the winning a random figure 1.5 million or I should stake it at 1.3? But out of greed I refused to bet the game at 1.3 and I added the one that lost the bet, what a pity?
Greed is one thing that gets some game lost, the stake we are supposed to win out of greed we add another that get the game lost.
Out of my own experience I have learnt my lessons, but I don't believe that this opportunity might ever come again because I don't bet often, on a second thought this my story is what makes some people put more interest on gambling.

Just from your first sentence you can see that you've been drinking too much of the koolaid and need to maybe do some research on the math involved. These sort of games are all an illusion, you haven't won a single cent until you've withdrawn it from the site and it is sitting in your wallet. Everything up to that can be engineered with the concept of getting you to keep spending even more money. Nothing is more tantalizing to a gambler than being at the cusp of a huge win and just missing it by a fraction. However you never won anything on that bet until the whole thing was complete. Greed is a massive driving force that is built into every one of us, it's where the story of Adam and Eve originated, so keep that in mind next time you think you'd "almost" won a massive jackpot.

[klidex]

Greedy or not it will still depend on your luck but the only disadvantage when you are greedy is that you are maximizing the amount of money you are going to lose which is not a good habit and we all know that do you? If you are having that good timing to hit your luck while playing greedy, that's one in a million luck so yeah good luck next time.

When we know that the profits we will get are quite large, sometimes people lose control and try to bet on large amounts to get large profits, more than 3 times as much, and they only think about the profits without thinking about whether they end up losing and losing the amount of money they bet. big, that's what we call greedy, we should only bet with money we can afford to lose and hope to get lucky so we can win, luck will come when we can't predict it, but if you bet large amounts in my opinion it's too risky.

When they only think about the profits rather than the losses it will make someone greedy because they feel they can double their money quickly but don't understand the risks they will take and cause them to just lose. Someone must think about the risks they will bear before deciding to risk money all they have is because they follow a greedy attitude to get big profits because that is not very good for us and we will also experience bigger losses when we are too greedy.

[hyudien]

Many things can cause a gambler to lose a bet . Of course greed is one of them and in fact I would in this case even tag it as the worst of them all. I have come across cases where a gambler continuously and consecutively hit jackpots for some period of time and instead of them to pause and take a break they continue to stake even to the extent that some of them stake the whole of their previous wins and unfortunately end up losing it all. In fact the idea of being a responsible gambler also entails being able to place bets logically by knowing only what to stake but also when to take a break .

Those who have won will indeed feel the pull to return to gambling even with a higher bet value, with them getting a win at gambling and continuing to gamble is natural because maybe they think luck is on their side so the action taken is not to cash it out and leave but rather keep going. But what you say is true, instead of stopping for a moment to rest, you risk everything again and end up with disappointing results.
Also, I think this kind of greed is felt by all gamblers, especially those whose goal of gambling is to make money, of course they will be very obsessed with getting big wins. It is very rare for people or gamblers to gamble responsibly, many of them are gamblers who are irresponsible with their actions. So it is not surprising that many of the cases that occur are those who experience a lot of losses, but this is also caused by their own mistakes in gambling blindly.

[Dailyscript]

Many things can cause a gambler to lose a bet . Of course greed is one of them and in fact I would in this case even tag it as the worst of them all. I have come across cases where a gambler continuously and consecutively hit jackpots for some period of time and instead of them to pause and take a break they continue to stake even to the extent that some of them stake the whole of their previous wins and unfortunately end up losing it all. In fact the idea of being a responsible gambler also entails being able to place bets logically by knowing only what to stake but also when to take a break .

Those who have won will indeed feel the pull to return to gambling even with a higher bet value, with them getting a win at gambling and continuing to gamble is natural because maybe they think luck is on their side so the action taken is not to cash it out and leave but rather keep going. But what you say is true, instead of stopping for a moment to rest, you risk everything again and end up with disappointing results.
Also, I think this kind of greed is felt by all gamblers, especially those whose goal of gambling is to make money, of course they will be very obsessed with getting big wins. It is very rare for people or gamblers to gamble responsibly, many of them are gamblers who are irresponsible with their actions. So it is not surprising that many of the cases that occur are those who experience a lot of losses, but this is also caused by their own mistakes in gambling blindly.

Several winning opportunities does not make a gambler professional. Because that is how they feel whenever there is a multiple win, the mindset changes and even if we end up losing all the money we think we can get back the money since we have already done that before by making so many wins. No one can be a professional at gambling and no one knows the cheat way to follow gambling.

Just like you have said that this behavior (greed) can be found in the habit of all gamblers. But experience should teach one to not repeat the same mistake again. I have had experience of greed, its mostly the same cases. Where i won in a bet and could take my profit and leave yet i ended up losing everything because i was aiming for something bigger.

[ethereumhunter]

Greedy or not it will still depend on your luck but the only disadvantage when you are greedy is that you are maximizing the amount of money you are going to lose which is not a good habit and we all know that do you? If you are having that good timing to hit your luck while playing greedy, that's one in a million luck so yeah good luck next time.

When we know that the profits we will get are quite large, sometimes people lose control and try to bet on large amounts to get large profits, more than 3 times as much, and they only think about the profits without thinking about whether they end up losing and losing the amount of money they bet. big, that's what we call greedy, we should only bet with money we can afford to lose and hope to get lucky so we can win, luck will come when we can't predict it, but if you bet large amounts in my opinion it's too risky.

When they only think about the profits rather than the losses it will make someone greedy because they feel they can double their money quickly but don't understand the risks they will take and cause them to just lose. Someone must think about the risks they will bear before deciding to risk money all they have is because they follow a greedy attitude to get big profits because that is not very good for us and we will also experience bigger losses when we are too greedy.

That's right because when people can wins in gambling, they becomes greedy and wants to wins more money while that will not easy and can attracts them to gets lose. Their greediness will becomes higher without they realizes because they already excited and have fun in gambling so they wants to gets more fun and forget to control themselves. That can makes them lose more money and they will increase their bet amount because they thinks that they can wins much money. Greediness will not makes us gets more money instead just lose that money and even we can lose all of the money we have.

We can not just thinks about the profits from gambling but we must also thinks about how much money we will gets from gambling, especially if we bet using big money. That can leads us gets big lose and we will lose the money quickly but we will difficult to recover our money. If we can thinks about the risks that can becomes big, we will not trying to bet using big money instead will always remember how much money we can use to playing gambling. We will always prevents more losses by stops playing gambling, especially if we already gets fun in the gambling.

[$weetne$$]

But experience should teach one to not repeat the same mistake again. I have had experience of greed, its mostly the same cases. Where i won in a bet and could take my profit and leave yet i ended up losing everything because i was aiming for something bigger.

Greed has no good outcome because greed will only make you to keep losing money when you are gambling. A gambler is not supposed to be greedy but comfortable with the profits that he has in spite of how small the profits might be. Being greedy is one of the things that makes a gambler become addicted because he will always want to win more money but instead he'll keep losing because he is not contended with what he has. Some people would had won big but when they want to try again to increase the profits that they will make from the game they are gambling on, they will then lose everything that they have made. Greed does not only cause loss but it affects you in a way that makes you to not feel happy with your won prize in spite of the quantity.

[Mr.suevie]

But experience should teach one to not repeat the same mistake again. I have had experience of greed, its mostly the same cases. Where i won in a bet and could take my profit and leave yet i ended up losing everything because i was aiming for something bigger.

Greed has no good outcome because greed will only make you to keep losing money when you are gambling. A gambler is not supposed to be greedy but comfortable with the profits that he has in spite of how small the profits might be. Being greedy is one of the things that makes a gambler become addicted because he will always want to win more money but instead he'll keep losing because he is not contended with what he has. Some people would had won big but when they want to try again to increase the profits that they will make from the game they are gambling on, they will then lose everything that they have made. Greed does not only cause loss but it affects you in a way that makes you to not feel happy with your won prize in spite of the quantity.

The thing about greed is that for some person it's like an inbuilt feature and that is why it's too hard to control and that's why many people aren't even trying, there are times in which you ought to know the difference between when you are getting tangled up with your urge to continue gambling and when to know that it's just the greedy nature kicking in again. Many people that I know who are conscious of their greedy  nature actually do have some good ways of self control when they do lose or some significant amount of money in gambling.

[danherbias07]

But experience should teach one to not repeat the same mistake again. I have had experience of greed, its mostly the same cases. Where i won in a bet and could take my profit and leave yet i ended up losing everything because i was aiming for something bigger.

Greed has no good outcome because greed will only make you to keep losing money when you are gambling. A gambler is not supposed to be greedy but comfortable with the profits that he has in spite of how small the profits might be. Being greedy is one of the things that makes a gambler become addicted because he will always want to win more money but instead he'll keep losing because he is not contended with what he has. Some people would had won big but when they want to try again to increase the profits that they will make from the game they are gambling on, they will then lose everything that they have made. Greed does not only cause loss but it affects you in a way that makes you to not feel happy with your won prize in spite of the quantity.

Easy to say but hard to do. That's the truth.
When you are at the point where you double your money, you will keep on asking yourself if you want to continue and most of the time greed will win because you are thinking the profits are still low. You want bigger rewards. Who doesn't?

Gambling discipline is such a difficult thing to do. But there could be some cure for it. Do not withdraw everything but make sure your withdrawal has some satisfying amount of profits in it. Leave something to gamble more but think of it like it was just to play the house. That way, wherever the money goes it won't hurt too much because you know for yourself that you already made some money. Don't deposit back when you deplete all that leftovers.

[boty]

The thing about greed is that for some person it's like an inbuilt feature and that is why it's too hard to control and that's why many people aren't even trying, there are times in which you ought to know the difference between when you are getting tangled up with your urge to continue gambling and when to know that it's just the greedy nature kicking in again. Many people that I know who are conscious of their greedy  nature actually do have some good ways of self control when they do lose or some significant amount of money in gambling.

Greed in gambling will really depend on someone's habits who cannot control themselves when gambling and these habits will be very difficult to get rid of if they cannot limit themselves when gambling because by limiting themselves in gambling, of course this will be avoided. greed, those who can realize that they have greed for gambling and can control themselves, of course this is very good for being able to avoid spending a lot of money on gambling.

[Judith87403]

The thing about greed is that for some person it's like an inbuilt feature and that is why it's too hard to control and that's why many people aren't even trying, there are times in which you ought to know the difference between when you are getting tangled up with your urge to continue gambling and when to know that it's just the greedy nature kicking in again. Many people that I know who are conscious of their greedy  nature actually do have some good ways of self control when they do lose or some significant amount of money in gambling.

Greed in gambling will really depend on someone's habits who cannot control themselves when gambling and these habits will be very difficult to get rid of if they cannot limit themselves when gambling because by limiting themselves in gambling, of course this will be avoided. greed, those who can realize that they have greed for gambling and can control themselves, of course this is very good for being able to avoid spending a lot of money on gambling.

Greed is one of the major factor why most person lose my money in gamble and not only in  gamble but even in some other investment. The truth is every human being has an atom of greed in them and some people show their own accidentally why some people have make it a habit morever  greed is created  when ever we see something that does not belongs to us but will be very great if we have it without even considering some factors.

Morever, sometimes greed is caused by circumstance and I have experience it before, there was a day I wanted to place bet and before then I have a need with the believe that if i place the bet I will win so I selected two games and when I  entered the amount I wanted to play with it wasn't equal that to my need ( the money was not enough to solve the need) so I have to add one more game, low and behold it was the last game I added that cut my ticket I was annoyed because it was my need to makes me to be greed that's why I said sometimes it's caused by circumstance.

[Su-asa]

Greedy or not it will still depend on your luck but the only disadvantage when you are greedy is that you are maximizing the amount of money you are going to lose which is not a good habit and we all know that do you? If you are having that good timing to hit your luck while playing greedy, that's one in a million luck so yeah good luck next time.

When we know that the profits we will get are quite large, sometimes people lose control and try to bet on large amounts to get large profits, more than 3 times as much, and they only think about the profits without thinking about whether they end up losing and losing the amount of money they bet. big, that's what we call greedy, we should only bet with money we can afford to lose and hope to get lucky so we can win, luck will come when we can't predict it, but if you bet large amounts in my opinion it's too risky.

When they only think about the profits rather than the losses it will make someone greedy because they feel they can double their money quickly but don't understand the risks they will take and cause them to just lose. Someone must think about the risks they will bear before deciding to risk money all they have is because they follow a greedy attitude to get big profits because that is not very good for us and we will also experience bigger losses when we are too greedy.

Thinking of profits alone would not help our gambling life, bet is a gamble of chance or luck, so if one is lucky to win he shouldn't take it as his talent or skill rather he should view it the other way. That he won because he was lucky. Bettors should also think of the risks that's in gamble so that they won't spend their entire savings or life just to stake on a games because it's sure. From my instincts, there's no bet that's sure until the final time.

[AnonBitCoiner]

Loses can occur in gambling, whether the gambler is greedy or not, we should understand that the higher the amount that is used to gamble, the higher the risk and if the gambler wins, the the higher the amount. People can bet with a small amount of money, meaning that they're not greedy, yet they can lose their bet, so being greedy or not doesn't really matter to me, because gambling is mostly about luck.

If a person can gamble with the amount that they can afford to loose, then they can go ahead and add more games if they want, afterall the extra one can give that mega win.

Gambler will surely lose money no matter if he is greedy or not but in most of the cases greed becomes a major cause due to which Individuals initiate playing gambling. Gamblers are using more amounts because in their mind it is fixed with greater amounts the profit will also be greater but they don't think that opposite side is also present here about which he should think.

If a gambler wants to play one more game just for earning money then these chances will increase but will not give you money but it will be totally different as more chances will drop your money more. Remove the greed, don't be an addictive gambler and don't use big amounts with dreams to earn more in gambling as gambling is better connected with fate.

[Dewi Aries]

The thing about greed is that for some person it's like an inbuilt feature and that is why it's too hard to control and that's why many people aren't even trying, there are times in which you ought to know the difference between when you are getting tangled up with your urge to continue gambling and when to know that it's just the greedy nature kicking in again. Many people that I know who are conscious of their greedy  nature actually do have some good ways of self control when they do lose or some significant amount of money in gambling.

Greed in gambling will really depend on someone's habits who cannot control themselves when gambling and these habits will be very difficult to get rid of if they cannot limit themselves when gambling because by limiting themselves in gambling, of course this will be avoided. greed, those who can realize that they have greed for gambling and can control themselves, of course this is very good for being able to avoid spending a lot of money on gambling.

Exactly, greed will only be committed by people who cannot control themselves and their minds when gambling, and most likely they are gamblers who do not understand the whole of how gambling actually is, so that ignorance makes it easier for them to take various actions that can lead them to many possible disasters. This means that it is clear that this is the reason why we always recommend that you first understand how gambling actually works before you get involved, because if you get involved but not based on the right knowledge about gambling then it is clear that in the end you will experience the same bad situations as those experienced by addicted gamblers where they even have difficulty making ends meet just because they run out of a lot of money because they are too excessive in terms of treating their gambling activities.  So the point is clear that greed and addiction are caused because a gambler does not apply limits and is also unable to control himself when gambling.

[Mrbluntzy]

Sorry for the lose @rachael9385, while gambling you have to listen to your instinct too because they can be right for countless time, trying to correct you if you are taking a wrong decision. In gambling, just a little mistake can turn to bad luck and cause you to lose your money and you can not be right all the time. Learn from your mistake and don't get greedy again.

[EarnOnVictor]

We can lost a bet through our greediness all in the name of increasing the chances for winning bigger amount, in gambling, the higher the risk the higher the winning amount because the odds do increases along side, maybe if we would have settled in for winning small amount and having this continuously or occasionally would be more of advantage to us than aiming big ad having no single opportunity for winning at the end.

Many things can cause a gambler to lose a bet . Of course greed is one of them and in fact I would in this case even tag it as the worst of them all. I have come across cases where a gambler continuously and consecutively hit jackpots for some period of time and instead of them to pause and take a break they continue to stake even to the extent that some of them stake the whole of their previous wins and unfortunately end up losing it all. In fact the idea of being a responsible gambler also entails being able to place bets logically by knowing only what to stake but also when to take a break .

Greed is a very bad attitude in gambling and no gambler is safe from it unless the gambler is disciplined and determined to do the right thing. No serious gambler should just be gambling without a budget and plan, the absence of this is what causes greed, and unless the gambler does not follow his plans and the management calculated per session, then greed and other emotions could creep in and this can't be good at all.

However, I still do not see greed as the worst issue in gambling because it could be momentary, what I see as the worst issue in gambling is desperation as a context. It doesn't matter whether it is the desperation for the money or desperation too achieve a goal through gambling, so long as gambling is involved, then an issue will surely arise.

Desperation also works hand in hand with fear, so I fear fear in gambling than greed because greed is done in a relaxed mood but desperation is birthed by many issues which include fear and could result to something worse if care is not taken. Regardless, the two are bad and we should do all we can to avoid them both.

Greed isnt temporary. This primordial impulse promotes ambition, innovation, and healthy competition. Some ambition never hurts, right? I believe a good dosage of greed may motivate us to realize our best potential and surpass ourselves. Harness greed and use it for good. It takes discipline and a good strategy. Clear goals, good bankroll management, and knowing when to quit are essential. Folks, ambition and wild recklessness are fine lines.

I fully understand what you are saying and where you are driving the whole gist towards, you are correct in a way, but it is clear that you do not understand my own point. Fine, greed could infest anyone, but when it has taught you one or two bitter lessons, you will be more experienced and be smart next time. I've experienced this many times and it has helped me to be cautious of huge betting that causes deviation from my plan no matter how confident I am about the game as nothing is perfect and no one knows when the luck will run against him.

So avoiding greed and sticking to the plan is the way out, that was why I said it is temporary, at least for so many, unlike addiction. Addiction is such that will take hold of you then and later after unless you are healed. This could only aggravate the greed in the gambler which is what I believe you are mistaken of. If someone is addicted and is also greedy when he is betting, what do you expect? More losses and more irresponsible gambling of course. But greed as a context just infests you and leaves you since you are not addicted. Take for instance, a certain person who has $2000 in his gambling account and plans to gamble with just $500, but on a closer look at the game, he now got greedy through overconfident and used the whole $2000, but sadly lost the money.

Don't you think he will think twice to avoid the same next time? That's what I am talking about. First, he was never greedy until greed suddenly infested him at that point of betting, he never planned for it, and immediately he lost bitterly, his psychology was reset back to normal with regrets and might never repeat it again. While some will repeat it for some more time but will still stop later because it is not positive for them. This is why I said it is temporary, it gets hold of you at that point of betting but leaves you after having left a scare later.