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Question: How greedy you are ?
I lost shitload of money .. what do you think ? - 144 (44.9%)
I'am not , I play it smart - 177 (55.1%)
Total Voters: 321

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Author Topic: How greedy you are ?  (Read 50846 times)
Wendigo
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June 08, 2015, 09:23:59 AM
 #101

most gamblers are degens and wont stop lol

Those dgens are driven by their greed, some people are very greedy tbh and never had enough of it thus when they lose they are curious on why they are losing it which makes them to wager more and try to win back what they have lost therefore resulting them to lose more than the previous

A friend of mine made a solid run from 0.00213 BTC into 0.541 BTC in bitdice but he is so greedy that he let his greed overrun him and thus lost them all the next roll

Maybe you thought he was greedy but perhaps he was just pushing his luck. How does that sound? How can you quantify greed in numbers?
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June 08, 2015, 10:22:45 AM
 #102

being greedy is in the nature of all human beings. you just have to use your head, and not let your greed guide you in making decisions.

being greedy is not always a bad thing, always wanting more can make you achieve more bigger goals. but you always have to use your head, and judgement to try not to make stupid decisions which might make you regret them afterwards.

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arallmuus
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June 08, 2015, 10:40:01 AM
Last edit: June 08, 2015, 11:12:18 AM by arallmuus
 #103


Those degens are driven by their greed, some people are very greedy tbh and never had enough of it thus when they lose they are curious on why they are losing it which makes them to wager more and try to win back what they have lost therefore resulting them to lose more than the previous

A friend of mine made a solid run from 0.00213 BTC into 0.541 BTC in bitdice but he is so greedy that he let his greed overrun him and thus lost them all the next roll

Maybe you thought he was greedy but perhaps he was just pushing his luck. How does that sound? How can you quantify greed in numbers?

Greed greedy is an adjective to begin with and there is no way to put it into a number for calculations and that would be pointless because Im simply stating an example here  Wink

Code:
pushing luck 

This is what most people thought when he is being greed, they dont think they are greedy but they are "trying" to earn more and "trying" to be lucky again. Seriously someone who made a solid run from 0.00213 BTC into 0.541 BTC and keep on trying to "push his luck" ended up busting it all isnt called as a greedy person than I dont know what is


R


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Wendigo
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June 08, 2015, 11:04:10 AM
 #104


Those degens are driven by their greed, some people are very greedy tbh and never had enough of it thus when they lose they are curious on why they are losing it which makes them to wager more and try to win back what they have lost therefore resulting them to lose more than the previous

A friend of mine made a solid run from 0.00213 BTC into 0.541 BTC in bitdice but he is so greedy that he let his greed overrun him and thus lost them all the next roll

Maybe you thought he was greedy but perhaps he was just pushing his luck. How does that sound? How can you quantify greed in numbers?

Greed is an adjective to begin with and there is no way to put it into a number for calculations and that would be pointless because Im simply stating an example here  Wink

Code:
pushing luck 

This is what most people thought when he is being greed, they dont think they are greedy but they are "trying" to earn more and "trying" to be lucky again. Seriously someone who made a solid run from 0.00213 BTC into 0.541 BTC and keep on trying to "push his luck" ended up busting it all isnt called as a greedy person than I dont know what is

I am not sure you understand what an adjective is.
arallmuus
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June 08, 2015, 11:17:53 AM
 #105


Those degens are driven by their greed, some people are very greedy tbh and never had enough of it thus when they lose they are curious on why they are losing it which makes them to wager more and try to win back what they have lost therefore resulting them to lose more than the previous

A friend of mine made a solid run from 0.00213 BTC into 0.541 BTC in bitdice but he is so greedy that he let his greed overrun him and thus lost them all the next roll

Maybe you thought he was greedy but perhaps he was just pushing his luck. How does that sound? How can you quantify greed in numbers?

Greed is an adjective to begin with and there is no way to put it into a number for calculations and that would be pointless because Im simply stating an example here  Wink

Code:
pushing luck 

This is what most people thought when he is being greed, they dont think they are greedy but they are "trying" to earn more and "trying" to be lucky again. Seriously someone who made a solid run from 0.00213 BTC into 0.541 BTC and keep on trying to "push his luck" ended up busting it all isnt called as a greedy person than I dont know what is

I am not sure you understand what an adjective is.

Right, I am wrong on this. Greedy is an adjective while greed is a noun , pardon me for this because English is not my native language  Wink

Nevertheless lets leave the noun or adjective argument there but you seem to not be getting my main point there because it would not be needed to quantify greed in number as it will be pointless .
Also that my main point is that Im stating an example on how greed could ruin you , basically people should learn to control his greed because greed is one of the factor that could make you lose in gambling

P.S : and of course you as a gambler yourself would know this stuff Smiley

R


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June 08, 2015, 11:27:44 AM
 #106

All humans have greedy, but sometimes it can bring good luck Roll Eyes
But, you should able to control your greed, so you won't regret in future

Agree!

Don't regret if you lose because you're the one and nothing else who decide to do that.

Like today , because of my greedyness (Correct the spelling for me Tongue) to get some of my loss last GAME 1 of the NBA finals , I bet double to CAVS for GAME2 today and they win. Im happy and feeling lucky. Smiley


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June 08, 2015, 11:32:30 AM
 #107

I may not be getting your strong point but you keep mentioning someone is greedy by betting huge and losing everything in the end, so my question still stands. How do you measure greed by someone else's actions that solely depend on the factor luck. Some guy may be earning $500k a month running a company. Say what if said mister goes on a friday night out with friends and runs 100k$ into 1 million and then loses it betting on red in a las vegas casino, does this make him more greedy than your friend? What if your friend was earning $5k a month and betting $500 a month for fun and is on the verge of winning $50k with the last hand in poker and loses, then what? he is so much greedy than you because you like to run .01 into .1 and then stop cause you are satisfied.

So, how do you measure greed exactly? Is there a formula? An equation? What? Gamblers are not more greedy than other 'ordinary' people because you perceive them as such based on your own judgement.


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June 08, 2015, 11:44:41 AM
Last edit: June 08, 2015, 11:59:47 AM by arallmuus
 #108

I may not be getting your strong point but you keep mentioning someone is greedy by betting huge and losing everything in the end

Dont twist it there, Im simply stating an example where someone doesnt know when to stop although he had made a solid profit there and thus keep going on while he cant stop right there and withdraw , enjoy the winning. Greed driven him to bet more , to gain more and it is simple like that . For me this is being greedy, if this isnt greedy for your thoughts than I can simply assume that you are greedy as well and this example suit yourself which makes you going into counter argument like this which is really unnecessary

-snip-
So, how do you measure greed exactly? Is there a formula? An equation?

I have given my answer on this as well, it is unnecessary to do so and it is pointless to measure it , dont push yourself there.

Gamblers are not more greedy than other 'ordinary' people because you perceive them as such based on your own judgement.

Where did I mentioned gamblers are more greedy than ordinary people? I didnt mentioned anything like this but I do posted that most people are greedy which is true and dont confuse yourself more with it because it is unnecessary


EDIT :
Everyone is entitled to their own opinions but not everyone has to agree with your analysis so I will just leave it at that plus who cares about someone else's lost money. Have a nice day.

Again you are confusing yourself again, I dont say that everyone has to agree with my either. Have a nice day as well

R


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June 08, 2015, 11:50:58 AM
 #109

Everyone is entitled to their own opinions but not everyone has to agree with your analysis so I will just leave it at that plus who cares about someone else's lost money. Have a nice day.
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July 25, 2015, 04:27:04 PM
 #110

every human have greedy inside..
great thing to having self-control of it and this control depends to human's personality and habit..

I vote to I am not , I play it smart..
but i can't say i play it smart actually, because i am not smart on gambling..
on mind-set i am still not a good gambler so i play it safe just for getting fun.. Smiley

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July 25, 2015, 11:23:00 PM
 #111

judging myself would make me feel really wrong.
give me enough money to feed myself and an extra 50$ every week and I'll be happy. am I greedy?
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July 26, 2015, 03:09:44 AM
 #112

Not really greed.. but still can lose all money in wallet. I mean when i win enuf like 0.01 btc i will withdraw.. but if i saw another casino i all in again. :/

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July 26, 2015, 05:05:19 AM
 #113

Wanted to know how greedy people actually are , I'am personally not into gambling with the real meaning to be honest
however I see a lot of my friends says "im stupid" and stuff like that , because they start earning a lot on the begining then they get greedy and lose basically all , does it happen to you ?

i haven't lost shitloads of money but i havent earned any profit that is considerable either

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July 26, 2015, 06:16:42 AM
 #114

judging myself would make me feel really wrong.
give me enough money to feed myself and an extra 50$ every week and I'll be happy. am I greedy?

Doesn't mean you are greedy but what happens if you lose $50 every week instead of making $50. You will start betting $100, and then $200 and then $400, and that will make you greedy.
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July 26, 2015, 06:21:09 AM
 #115

judging myself would make me feel really wrong.
give me enough money to feed myself and an extra 50$ every week and I'll be happy. am I greedy?

Doesn't mean you are greedy but what happens if you lose $50 every week instead of making $50. You will start betting $100, and then $200 and then $400, and that will make you greedy.

I wasn't actually talking about gambling. but I did lose 0.8BTC from gambling months ago and didn't try to recover my loss. I just stopped gambling for good.
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July 26, 2015, 06:27:18 AM
 #116

Wanted to know how greedy people actually are , I'am personally not into gambling with the real meaning to be honest
however I see a lot of my friends says "im stupid" and stuff like that , because they start earning a lot on the begining then they get greedy and lose basically all , does it happen to you ?

I am tempted to gamble but I have not belief that it will be possible that I can win. I have heard my friend who have gambling that have lost money and never no one have won (or only irrilivant amounts that were lost immediately after gambling again). So better don't try. Have no money to lost.  Wink
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July 26, 2015, 08:50:11 AM
 #117

Second poll answer is contradictory, how can be gambling playing smart? The gambling itself represent the absence of reason and sanity, right? I mean if you play smart you expect some profit at the end of some game session, like investing? The other side of the story in playing for fun what i do, playing for fun, not taking care of my outcome, cause having fun is not always very bright idea, like drinking all night.
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July 26, 2015, 11:13:21 AM
 #118

I'm not greedy, just because I'm playing only with small amount of bitcoin, usually worth under 10 USD:)

anyway, I had a rule - if I sent something out, I will withdraw only once "investment" is doubled or in case of loose, I will not send additional BTC to somehow "cover it"

also is cool to read: https://en.wikipedia.org/wiki/Gambler%27s_fallacy before gambling:)
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July 26, 2015, 11:45:08 AM
 #119

I am always being greedy. That is in the human nature to lust for things. You just need to be cool about and know where is your limit.
For example if you are betting your last money and expecting to win and then you lose you know that this is not the correct way of dealing with greed.
Crete set of rules and follow them no matter what, take control of your greed this way. Think of the consequences and your greed will help you gain more.
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July 26, 2015, 12:02:09 PM
 #120

setting micro goals is the best thing to do when gambling since there is no working strategy
by doing this people won't be greedy , so after reaching the goal which should be really small amount people shouldn't gamble till the next day
this may safe many from greed and chasing their lost money
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