It’s not about the staked amount, It’s the missed payout that hurts every bettor

[Pi-network314159]

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

The joy of every gambler is to see their dream come true, and that joy often sterms from the supposed win amount. Most times people sees what it's about to come and forgets that gambling is by luck and doesn't by anyway mean that our dreams must come to reality. Most times we usually upfront our emotion and it cloud our sense of reasoning, and it makes us to feel like we know %100 of what the outcome may be and when it doesn't, we feel disappointed. It is better not to put your trust on a running game but just be natural and see what the game will play afterward.

[Hispo]

...

But if someone bet small, they will only earn small, not something need to get mad.

It would still depend on the state of mind of the person, I think. There are people who bet small and end up winning a small amount of money, because of their correct prediction, only to feel bad because (in their mind) there could have put more money at stake and get a genuine win by doubling their money, at least.
Greed is simply something which lies inherently within the mind of many gamblers, and instead of being grateful for their modest win, they always feel they have missed something out..  leading them to act recklessly in future betting sessions.

[bitbollo]

yes this is correct if you're playing low stakes for big payout. Otherwise you can also play with HIGH stakes for a low payout.
I think that in any case it hurts the gambler... and most of the time its much worst losing btc and not other crypto or FIAT.
Maybe because nowadays its becoming more harder to collect or just because prize could skyrocket in matter of hours.
That's why gamblers on this industry must be really aware about the risk and the chance that could arise.

[alegotardo]

Today my friend was angry after Tottenham nearly won against PSG in the Super Cup final. They were wining 2 goals up till 80 minutes but in the last 10 minutes PSG equalized while winning the final after the Penalties were taken.

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

Worse than that, it's real!!!

I once saw that thers even a term in psychology that might apply to this case, but I dont remember what its was called, I only know the concept: that its like an "illusion of possession" when we see the potential and almost certain payout is already interpreted by our brain as if it were ours, hence the anger... we understand that we were "robbed" and not that we missed out on winning, something like that

The frustration really becomes disproportionate to the amount bet, and it hurts... just like what's happened with some peoples who remember for years an lottery ticket they missed by a single number (the last number)... but quickly forget the others they didn't even come close to winning.

Every game is unpredictable, and its "only ends when its over." Thats why we should set goals and stop betting when the situation is favorable... even if the winnings are small or the potential for the next bet is high... set goals and achieve them at all costs.

[Sandra_hakeem]

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable.

I understand where you're coming from, but feeling bad for not getting a cash price is so sick to believe. Every gambler low-key knows the potential wins on their ticket ain't theirs until the game is over in their favour, so this doesn't still add up. The real pain doesn't come in watching the potential wins -- Unless in cases of an extension game, where the cash out gave you, say 50% more than your initial deposit, but you refused to take it.. That's like watching the whole thing go down the drain as a result of your delusion.

That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

As funny as this sounds, this might be true in some cases, for some people. If you're a heavy staker, there's a chance that you're always regretting over your choices of putting too much.

[harapan]

The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

You can say that again but it shouldn't be a problem to reckon on when you're staking with an amount you can afford to lose. I had this same experience and I hated myself for having missed the payout cause then I was aiming at something bigger and then giving options to cash out and then i was holding back, but i got busted. So it's not a thing to be bothered about though missing the payouts can be more painful and hurtful.

[Strongkored]

Today my friend was angry after Tottenham nearly won against PSG in the Super Cup final. They were wining 2 goals up till 80 minutes but in the last 10 minutes PSG equalized while winning the final after the Penalties were taken.

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

This is a common case; if your friend often gambles, then this is definitely not their first experience losing the opportunity to make a profit.
So if they are very angry or upset, it might be because they only gamble occasionally.

When a bet seems like it will win but the final result is the opposite, what is lost remains the money we used for betting, because the amount of profit lost is not really profit until it truly belongs to us.

[Slow death]

Maybe your friend is still new to sports betting, so he's not yet psychologically prepared to lose, and for that reason, he became anxious, and after losing, he became sad. For people like me who are already used to losing and see gambling as just entertainment, losing isn't something that makes me sad.

I perfectly understand that the chances of winning are very low. For example, in that Tottenham vs. PSG game, I believe most people bet on PSG to win, so I assume your friend only bet on Tottenham to win after Tottenham scored one goal; the odds may not have been high. Your friend needs to see sports betting as just entertainment.

[Alpha Marine]

This is common knowledge. When you narrowly lose a bet, all you think about is what could have been, especially if it was a big amount of money. The loss of money is not the problem here; it's the potential win. This is because you've already considered the stake as gone immediately you placed the bet.
Although it can be fun, this is why people often chase losses. They will feel that if they were so close this time, then they will get it next time, and the vicious circle continues till they lose more than they planned. So it should always be checked. Even though you were so close to winning a shit ton of money, don't let that lead to losses that you will regret.

[rbynxx]

Today my friend was angry after Tottenham nearly won against PSG in the Super Cup final. They were wining 2 goals up till 80 minutes but in the last 10 minutes PSG equalized while winning the final after the Penalties were taken.

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

LoL. Tell your friend that's how gamble is, you'll not know the outcome until the game is over. He probably was winning but if the game hasn't ended yet, that's still or his win and crying over the potential winnings when in fact wasn't for you is totally childish. Of course it's not the staked amount if in the first place you've got a huge odds for that potential winnings. You can stake $5 and with 20x odds that's a $100.

There are still more potential games you can carry your bets and who knows it where your luck is. Just keep on betting but always be responsible.

[Sticky Bomb]

This particular game pained me so well, I was watching the game at a physical casino with my friend and bet live after the first goal for Tottenham to win the rest of the game, the second girl came and it seemed I'll get a win, only for the game to cut in the final minutes.

I had two regrets, the first one being that I'd have played first half win for Tottenham which had good odds after the first goal, and I would've won effortlessly, and secondly, why the hell did PSG equalize at the final minutes?? I'm happy for them that they didn't lose two finals in a row, but my game that lost got me really pained

Trust me, I lamented even more than your friend

[Muba20]

When you are too confident in a bet, you are likely to lose. That is why I stop thinking that I will make money on the bet until I win. I only think that I will win the bet when the result of that bet is confirmed. Usually what we understand is that when 80 minutes have passed in a match and we are leading 2-0 in that bet, we can expect to win that bet, but if we have to lose that bet, it is much harder to accept. There is more regret in that bet than losing money. There are some gamblers who are overly greedy and do not accept a good cash out even if they have the opportunity. When they lose, it is difficult for them to accept the loss.

[Cointxz]

When you are too confident in a bet, you are likely to lose. That is why I stop thinking that I will make money on the bet until I win. I only think that I will win the bet when the result of that bet is confirmed. Usually what we understand is that when 80 minutes have passed in a match and we are leading 2-0 in that bet, we can expect to win that bet, but if we have to lose that bet, it is much harder to accept. There is more regret in that bet than losing money. There are some gamblers who are overly greedy and do not accept a good cash out even if they have the opportunity. When they lose, it is difficult for them to accept the loss.

This is the exact opposite in general. Being confident on your bet means you analyze well the match before you place a bet. You will not be confident without any basis on it or else you are just relying on luck with your confidence which is a normal behavior or reckless gambler.

It’s very hard to become confident on bet that you don’t have any basis or reference on how it will win.

I have a higher winning rate on my confident bet rather than my meh bet.

[robelneo]

That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

It’s money lost in thin air that’s the general feeling of gamblers missing the payout. Every gambler has one or more experiences like this, and it’s part of the game.
That’s why it’s best to treat every bet as a potential loss. We’re human, after all, and we feel disappointed and hurt every time we miss a payout.
I've had a share of missed payouts, which have led to sleepless nights; it's hard to come to terms with that. It will take days before you can recover. This is based on my experience.
 

[Guccho]

That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

It’s money lost in thin air that’s the general feeling of gamblers missing the payout. Every gambler has one or more experiences like this, and it’s part of the game.
That’s why it’s best to treat every bet as a potential loss. We’re human, after all, and we feel disappointed and hurt every time we miss a payout.
I've had a share of missed payouts, which have led to sleepless nights; it's hard to come to terms with that. It will take days before you can recover. This is based on my experience.
 

I'm also agree with that. It is such that your mind is already tallying the winning before it is actually won and when it fails to occur, you get much more disappointed than the amount of money that you had lost. I have nights where I could not sleep, thinking that I could have won a pay out but I did something that I should not have. It is because of this that I like to tell myself prior to betting that it is money that I may never see again. It does not make the loss any fun, but it allows escaping the consequences of the inflicted pain that lives in every waking moment and the profound sense of guilt.

[coin-investor]

Every winning, however small, is important for gamblers; it's a motivation and confidence booster, and a missed payout will hurt them even if they say he is ok losing money on their bet.

Even responsible gamblers will feel the hurt of missing a payout. Every gambler is hoping and wishing to win a bet, even if the bet is small, it's the calculation and the analysis of the bet that makes the gambler disappointed.

It seems his friend in the story does not understand how he thinks and his mindset as a gambler; it takes a gambler to understand a gambler.

[Fiatless]

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

The focus is on the potential win which might make it painful if you lose the opportunity to win big. But high rollers might also be pained if they lose their initial bet. However, it is better to recoup the amount you bet by cashing out than to lose both the potential win and the amount you staked. So I target both the potential win and getting back my money.

[Agbamoni]

That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

That’s why it’s best to treat every bet as a potential loss. We’re human, after all, and we feel disappointed and hurt every time we miss a payout.
I've had a share of missed payouts, which have led to sleepless nights; it's hard to come to terms with that. It will take days before you can recover. This is based on my experience.

Every gambler should not placed their mind once they bet on any game. This doesn't mean they should treat every bet as a potential loss. They are entitled to expect a win, but not to fully hope for it as its by chance. Many people still believed in having strong faith when they gambler. Well thats belief but I do believe in the normal hypothesis about gambling.