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Author Topic: No bet is a waste  (Read 3951 times)
Reatim
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March 30, 2023, 12:15:52 AM
 #301

No bet is a wasted bet if you're not betting to gain profits. The distinction here is that you'll have to be playing for fun, which I would argue is the best way you could gamble as it does not put the unnecessary pressure of winning the money over your shoulder.
and with this attitude then we will be having a positive thoughts and can decide according to your reliance .
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Therefore giving you a clearer head and better decision making.
+1 in this behavior .
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Every bet provides novel experiences that you could only experience from that particular stake. be it a win or a lose it definitely imparts something really remarkable, this is why we could talk about our best and worst bets in the first place.
and the worst is? i after losing more often yet that gambler will continue to chase winning and that will end up a very bad result ..


completely agreed on your views and behavior about how to gamble mate.









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March 30, 2023, 12:49:59 AM
 #302

If you are going to trust the game with all your heart and will not expect completely winning then yes there will never be a waste here, because either you win or you enjoy the game.

the only sad thing here is that once the player/gambler wanted to become an instant millionaire and yes this will end in different effect and of course addiction will next to these.

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March 30, 2023, 01:04:17 AM
 #303

If you are going to trust the game with all your heart and will not expect completely winning then yes there will never be a waste here, because either you win or you enjoy the game.

the only sad thing here is that once the player/gambler wanted to become an instant millionaire and yes this will end in different effect and of course addiction will next to these.
I agree. If you don't have high hopes to gain from your bet and just playing to have fun then your bet is not a waste since your main goal is not to profit. On the other side, if you have high expectation to win and then the outcome is not what you expected it to be, you'll have this regret of wasting your money in gambling because you didn't win.

It just depends how you see it, so if you don't want the idea of losing your money in gambling much better not to try it.

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March 30, 2023, 01:58:47 AM
 #304

I'm not so sure I can agree with the "no bet is a waste".  I think there are plenty of times and situations where not placing certain bets (or any at all for that matter) is the more prudent thing do do.

For example lets say you're getting ready to gamble on the NCAA college basketball tournament because you like how fun the tournament is, but you didn't really watch college basketball all year.  In this case, I'm not sure how it could be perceived in a good way..therefore I consider it a "wasted bet".

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March 30, 2023, 03:34:14 AM
 #305

I'm not so sure I can agree with the "no bet is a waste".  I think there are plenty of times and situations where not placing certain bets (or any at all for that matter) is the more prudent thing do do.

For example lets say you're getting ready to gamble on the NCAA college basketball tournament because you like how fun the tournament is, but you didn't really watch college basketball all year.  In this case, I'm not sure how it could be perceived in a good way..therefore I consider it a "wasted bet".

I believe that OP actually means that "No bet is a waste" in the context of gaining experience of one's wins and also one's losses.
In the example you put on the table, I agree that the sport-betting lacks of one of the factors that make it worth to partake in.

Someone would argue that, even if someone does not watch much of the tournament and yet managed to get a win, it would not be a loss at all  Wink

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March 30, 2023, 06:26:28 AM
 #306

This is pretty hard to believe because there is no kid on here that could believe this claim, how can you place a bet and not lose? That's impossible, gamblers lose more money than they win when it comes to sport betting, it's a gamble where by even the most active football club can lose a match, I do not believe in your "No bet is a Waste" there is no way to know if a football club will win or lose and people have lost a fortune to betting.

You can only increase your chance of winning by staying updated about teams and their activeness but it's still all about prediction which can be right or wrong.

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March 30, 2023, 06:35:01 AM
 #307

I believe that OP actually means that "No bet is a waste" in the context of gaining experience of one's wins and also one's losses.
In the example you put on the table, I agree that the sport-betting lacks of one of the factors that make it worth to partake in.

Someone would argue that, even if someone does not watch much of the tournament and yet managed to get a win, it would not be a loss at all  Wink
Also even if someone place a bet and lose, not a waste because the gambling site will gain the profit and it also means it is not a waste. But if talking about this in another direction that pertaining to winning and losing, losing is just a waste.

You can only increase your chance of winning by staying updated about teams and their activeness but it's still all about prediction which can be right or wrong.
Not only the team but also about the performance of a club, especially in the laste five matches or so.

A team can not continue to win, it would be surprising if it is even a club at the low position on a table that defeat the strongest club. It is just better not to use more than necessary to bet, any bet can go in another direction that we think.

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March 30, 2023, 07:07:36 AM
 #308

I believe that OP actually means that "No bet is a waste" in the context of gaining experience of one's wins and also one's losses.
In the example you put on the table, I agree that the sport-betting lacks of one of the factors that make it worth to partake in.

Someone would argue that, even if someone does not watch much of the tournament and yet managed to get a win, it would not be a loss at all  Wink
Also even if someone place a bet and lose, not a waste because the gambling site will gain the profit and it also means it is not a waste. But if talking about this in another direction that pertaining to winning and losing, losing is just a waste.

I would not say that spending on losing your bets provides some special experience, as many people think.  It's just a waste of your money is all.  And the thesis about experience - it just calms the player to some extent from anger because of the loss.  But if we are talking about hundreds of bets, both winning and losing, then here, of course, the experience of the game is already being gained.



You can only increase your chance of winning by staying updated about teams and their activeness but it's still all about prediction which can be right or wrong.
Not only the team but also about the performance of a club, especially in the laste five matches or so.

A team can not continue to win, it would be surprising if it is even a club at the low position on a table that defeat the strongest club. It is just better not to use more than necessary to bet, any bet can go in another direction that we think.
And this, of course, is also the right one. 

If a player loses more than he can afford (this is a classic thesis of all experienced players, which they follow!), then after all, then there will definitely be problems with the need to find money somewhere for later life.  If we are talking about a person who supports a family, wife, children, and old parents, then the problem can be very serious.  Because he spends the money necessary for the normal existence of other people.  It turns out he just robs them. 
Well, who in the family can like it or leave it indifferent? 
And then there will inevitably be a scandal. 
Well, who needs all this?

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March 30, 2023, 09:41:39 AM
Merited by The Sceptical Chymist (3)
 #309

No bet is a wasted bet if you're not betting to gain profits. The distinction here is that you'll have to be playing for fun, which I would argue is the best way you could gamble as it does not put the unnecessary pressure of winning the money over your shoulder. Therefore giving you a clearer head and better decision making. Every bet provides novel experiences that you could only experience from that particular stake. be it a win or a lose it definitely imparts something really remarkable, this is why we could talk about our best and worst bets in the first place.

I think this depends on someone defining gambling for himself. yes, as you said. no gamble is wasted if one does not gamble only for profit. but some others, have a different definition to what you say. maybe for others, making the profit is part of the fun. therefore, they say that no gamble is wasted. yes, regardless of winning or losing. that gamblers must be well aware of every risk.

Also, the word have fun often becomes a trap for gamblers. that too, which makes gamblers fall into addiction. if, not based on responsibility and understanding of gambling itself. however, actually I agree with what you said. that every bet we make, provides a new experience and every gambler gets it in a different way. well, maybe these words are more appropriate to be associated with no wasted bets.

The problem with gamblers nowadays are; they keep focusing on the reward and they do not give care on the risk or the money that they could lose. If they will wager specific money, they will immediately see themselves winning on the bet that they place and they do not see a situation that they can lose the money that they bet. If they win, of course they will be happy. But if they lose, they will be devasted because the ache of not achieving your expectation is very painful that will lead to more negative emotions like hatred and regret.

Being aware on the risks or being aware on how much money that you could potentially lose if you bet and the bias did not materialized is very important because it helps you and your mind to be prepared in that kind of scenario. If you already foresee it before, then you will not experience any negative emotions. Those professional gamblers have these kind of skills wherein they are aware that anything can happen so they embrace the risks wherein they will stay in neutral state even they have consecutive losses in gambling.

Seeking fun should be the goal in gambling, you cannot do it if you do not fully accept the risks. I really do not recommend someone else to play gambling especially if they are not risk taker and if they do not understand the odds and probabilities of making money.
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March 30, 2023, 10:24:12 AM
 #310

But then, we can not deny the fact that, there are many out there that have taken gambling as a business, they seem to be professionals in it, I have guys like this in my neighborhood, sometimes, I do admire their choice of profession(gambling), but I've always avoided any association with them because, I can't imagine myself taking up gambling as a profession.
And that's the origin where what we call "gambling addiction" gets started because thou there are siding hustles where someone can make money opening a sports betting shop or viewing centers that are gamble related, taking it as a profession is way too extreme, as normally it was meant to be for entertainment and partly for side income, since the outcome of gambling is not always certain, as you can either win or lose today depending on how skillful you are.
gambling as business does not mean addiction , because that means those who tend to do it are those people that knows what they wanted to become and that is not to be an addict.
they are the one who is running casinos nowadays mate and like those established casinos here ? they are millionaires in this field.
I am following some of them and their site flow of money and believe me , you cannot deny the fact that they are not addict but successful business people.

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March 30, 2023, 01:18:16 PM
 #311

No bet is a wasted bet if you're not betting to gain profits. The distinction here is that you'll have to be playing for fun, which I would argue is the best way you could gamble as it does not put the unnecessary pressure of winning the money over your shoulder.
and with this attitude then we will be having a positive thoughts and can decide according to your reliance .
Quote
Therefore giving you a clearer head and better decision making.
+1 in this behavior .
Quote
Every bet provides novel experiences that you could only experience from that particular stake. be it a win or a lose it definitely imparts something really remarkable, this is why we could talk about our best and worst bets in the first place.
and the worst is? i after losing more often yet that gambler will continue to chase winning and that will end up a very bad result ..


completely agreed on your views and behavior about how to gamble mate.


Chasing winnings is probably the gambler and the day trader biggest enemies (are they só different from each other at the end of the day?)

It’s impressive how much of these threads comes down to one thing:
Emotional awareness (could use “control” here but awareness is better)

When anxious, too excited or too sad, better to step away from gambling and let things settle

.
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len01
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March 30, 2023, 02:48:43 PM
 #312

Chasing winnings is probably the gambler and the day trader biggest enemies (are they só different from each other at the end of the day?)

It’s impressive how much of these threads comes down to one thing:
Emotional awareness (could use “control” here but awareness is better)

When anxious, too excited or too sad, better to step away from gambling and let things settle
the biggest enemy is not chasing defeat but man's biggest enemy is himself, in the sense of self-control such as emotion is one of the enemies of gamblers and that is what makes gamblers unable to be responsible for their bets by venting emotions from chasing defeat, expecting big wins / greed.
things like this are small and easy to say but difficult to do because self-control requires high commitment to avoid bad things.

there are additions such as being too happy, it makes the gambler unable to control himself when betting and it can end up getting worse.

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danadc
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March 30, 2023, 06:19:32 PM
 #313

Chasing winnings is probably the gambler and the day trader biggest enemies (are they só different from each other at the end of the day?)

It’s impressive how much of these threads comes down to one thing:
Emotional awareness (could use “control” here but awareness is better)

When anxious, too excited or too sad, better to step away from gambling and let things settle
the biggest enemy is not chasing defeat but man's biggest enemy is himself, in the sense of self-control such as emotion is one of the enemies of gamblers and that is what makes gamblers unable to be responsible for their bets by venting emotions from chasing defeat, expecting big wins / greed.
things like this are small and easy to say but difficult to do because self-control requires high commitment to avoid bad things.

there are additions such as being too happy, it makes the gambler unable to control himself when betting and it can end up getting worse.

What you say is true, I have a friend who what he did was get into a lot of debt and he had to run out of his town with his family, his wife and 3 children, he decided to leave because he could not pay his debts and they went to the USA, but no They have arrived, the bad thing is that they left by land, passing through the jungle and through the countries, at the moment they are in the jungle because they do not answer their phones, but that could have been avoided if he had controlled himself with the game and so on. He did not run away and drag his family, I saw him as someone very irresponsible.

R


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puloweh555
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March 30, 2023, 08:06:17 PM
 #314

If you are going to trust the game with all your heart and will not expect completely winning then yes there will never be a waste here, because either you win or you enjoy the game.

the only sad thing here is that once the player/gambler wanted to become an instant millionaire and yes this will end in different effect and of course addiction will next to these.
I completely agree with your statement. Gambling is not a reliable way to get rich instantly. Although there are some people who are lucky and win big prizes from gambling, there are only a few of them.

I think gambling is just for fun, but need to make sure we don't spend too much time or money on gambling too often or too much. We must also have good self-control and know when to stop gambling if we feel we have had enough or have lost too much money. Because if you can't control gambling, it will become an addiction for us.
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March 30, 2023, 08:26:29 PM
 #315

If you are going to trust the game with all your heart and will not expect completely winning then yes there will never be a waste here, because either you win or you enjoy the game.

the only sad thing here is that once the player/gambler wanted to become an instant millionaire and yes this will end in different effects and of course addiction will be next to these.
Playing for fun is the only thing that could make losing not being a waste because the player already had the mindset of having fun and not winning or making profits from the games session, but on the other hand, some other gamblers who aim at winning and becoming rich through gambling but then its outcome may be devastated if it goes against the players plans and predictions.

Gambling should be based on fun and not money-making since it can lead to addiction trying to chase winning by all means.

R


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Jossque
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March 30, 2023, 08:56:05 PM
 #316

If you are going to trust the game with all your heart and will not expect completely winning then yes there will never be a waste here, because either you win or you enjoy the game.

the only sad thing here is that once the player/gambler wanted to become an instant millionaire and yes this will end in different effect and of course addiction will next to these.
When we bet, we can say that we look at it as a certain amount and follow it accordingly. However, there is no such thing. There is also nothing that every bet we make will hold. These coupons can be made with very low amounts in order for the person betting here to improve his own experience and analysis ability. I have no doubt that it will get better over time. As I said, we can actually call this a separate professional group. It is necessary to devote serious time here for analysis.

R


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virasisog
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March 30, 2023, 09:43:13 PM
 #317

If you are going to trust the game with all your heart and will not expect completely winning then yes there will never be a waste here, because either you win or you enjoy the game.

the only sad thing here is that once the player/gambler wanted to become an instant millionaire and yes this will end in different effect and of course addiction will next to these.
When we bet, we can say that we look at it as a certain amount and follow it accordingly. However, there is no such thing. There is also nothing that every bet we make will hold. These coupons can be made with very low amounts in order for the person betting here to improve his own experience and analysis ability. I have no doubt that it will get better over time. As I said, we can actually call this a separate professional group. It is necessary to devote serious time here for analysis.

It's fine to set goal of winning but expecting to be an instant millionaire in just a short period of time wks too much. Those who rely on predictions are actually more confident that they would win which result to bigger losses later on. I must say that predictions would help but are not accurate all the time so doing our own analysis and research will be better. Knowing more about our choice of sports will be a big help as well.
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March 31, 2023, 12:02:43 AM
 #318

If you are going to trust the game with all your heart and will not expect completely winning then yes there will never be a waste here, because either you win or you enjoy the game.

the only sad thing here is that once the player/gambler wanted to become an instant millionaire and yes this will end in different effect and of course addiction will next to these.
When we bet, we can say that we look at it as a certain amount and follow it accordingly. However, there is no such thing. There is also nothing that every bet we make will hold. These coupons can be made with very low amounts in order for the person betting here to improve his own experience and analysis ability. I have no doubt that it will get better over time. As I said, we can actually call this a separate professional group. It is necessary to devote serious time here for analysis.

It's fine to set goal of winning but expecting to be an instant millionaire in just a short period of time wks too much. Those who rely on predictions are actually more confident that they would win which result to bigger losses later on. I must say that predictions would help but are not accurate all the time so doing our own analysis and research will be better. Knowing more about our choice of sports will be a big help as well.
Sometimes we need the opinion of others. Because they can see what we cannot see. It is not a bad thing to ask for opinions. You just tell your friend, what is your opinion about this tip, what do you think about it, and you follow a path accordingly. Ultimately we are the ones who are going to make the decision, so it's not a problem. We cannot become millionaires in an instant. The important thing is to take it slowly. Everyone has dreamed of becoming rich by investing a large amount of money at once, but unfortunately there is no such thing. You may be lucky, but if you don't know how to control that money, you are doomed to lose it.

R


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klidex
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March 31, 2023, 01:19:14 AM
 #319

If you are going to trust the game with all your heart and will not expect completely winning then yes there will never be a waste here, because either you win or you enjoy the game.

the only sad thing here is that once the player/gambler wanted to become an instant millionaire and yes this will end in different effects and of course addiction will be next to these.
Playing for fun is the only thing that could make losing not being a waste because the player already had the mindset of having fun and not winning or making profits from the games session, but on the other hand, some other gamblers who aim at winning and becoming rich through gambling but then its outcome may be devastated if it goes against the players plans and predictions.

Gambling should be based on fun and not money-making since it can lead to addiction trying to chase winning by all means.
These two statements are slightly different but I'm trying to understand both.
In my opinion, playing for fun and winning is true because if you gamble without pursuing something at gambling, luck will always come.
Because gamblers who bet always enjoy every gamble, they tend to have a calm mind to bet so that whatever strategy or pattern will be used can always be placed on certain things correctly.
But if a gambler who is having fun suddenly gets such a big win, indeed that will change the gambler's mindset to become greedy by thinking about getting more wins and increasing the bet amount.
When he loses 60 of his wins, he will definitely get emotional and chase those losses continuously and end up with bad things, namely addiction.

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March 31, 2023, 03:54:37 AM
 #320

These two statements are slightly different but I'm trying to understand both.
In my opinion, playing for fun and winning is true because if you gamble without pursuing something at gambling, luck will always come.
Because gamblers who bet always enjoy every gamble, they tend to have a calm mind to bet so that whatever strategy or pattern will be used can always be placed on certain things correctly.
But if a gambler who is having fun suddenly gets such a big win, indeed that will change the gambler's mindset to become greedy by thinking about getting more wins and increasing the bet amount.
When he loses 60 of his wins, he will definitely get emotional and chase those losses continuously and end up with bad things, namely addiction.
that's true because indeed those who gamble, of course, want to win rather than keep losing. instead of just looking for fun and releasing work fatigue, surely in the mind of a gambler he wants to chase victory in every game.
but what went wrong was the desire to win that became too ambitious. and when those ambitions get out of control it can actually be bad for the gambler's finances. Gamblers must have self control.



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