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Author Topic: No bet is a waste  (Read 3948 times)
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March 23, 2023, 08:18:02 PM
 #221

If we talk about sports gambling then we should have knowledge of the past history of players or the team we are betting upon and what are the odds being offered at the time of wager.If you have idea that how they have performed in recent matches or know their capabilities and playing style you can bet accordingly but if you are wagering on pure speculation then it will not work best for you.Rest the luck always needs to favour you in gambling.
Without research, you won't know how to choose the right team, which will only defeat you. And if you repeat the same thing, you will lose many chances to win the match, even if it is the easiest match. Analyzing every match of a player or team is very useful for us because we can see how they are performing and know if they are the right team or player for us to choose. And after finishing analyzing that, we can choose a team with a higher chance of winning than the opposing team.
But there are still instances that we will lose no matter how much preparation we are doing. Have you seen the thread here last time about the guy who lose a million dollar bet? That guy must be too confident about his ability. He was almost correct if the opposing team didn't get lucky to make an epic comeback. Then there are those newbies who just bet randomly and still manages to win the game.

This only shows that luck still plays a big role even on a game of skills like sports betting. In gambling, losing is also normal but it shouldn't discourage us to not try again the next time because I am sure that there will be a time that we will win.

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March 23, 2023, 08:33:09 PM
 #222

This only shows that luck still plays a big role even on a game of skills like sports betting. In gambling, losing is also normal but it shouldn't discourage us to not try again the next time because I am sure that there will be a time that we will win.

Absolutely! Losing is normal in gambling, and we should accept it as part of the experience. But what's important is that we learn from our mistakes and keep trying until we achieve our goals. As they say, "You miss 100% of the shots you don't take." There will be a time that we will win, and it's important to keep that in mind. In the end, luck may still play a role, but with the right strategy, preparation, and mindset, we can increase our chances of success and minimize our losses.

R


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March 23, 2023, 08:38:40 PM
 #223

No matter what the outcome of the bet is someone must win, so while you are at loss the other man on the other side is winning and keeping up with all the disadvantages, gambling outcome should be taken as a risk and luck. And a double edges sword wins and lose.

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March 23, 2023, 10:52:54 PM
 #224

No matter what the outcome of the bet is someone must win, so while you are at loss the other man on the other side is winning and keeping up with all the disadvantages, gambling outcome should be taken as a risk and luck. And a double edges sword wins and lose.
Absolutely correct and we are all know that every single bet the outcome are opposite and if we won then other gamblers lose as well so we must accept the fact that not all the time we will win. And I think Theres no waste bet because the reason of if we loss then there are other gambler benefits our money.  But as a gambler we need do know our limitations we must gamble for fun and not for making money in order to avoid addiction.

R


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March 24, 2023, 02:42:51 AM
 #225

No matter what the outcome of the bet is someone must win, so while you are at loss the other man on the other side is winning and keeping up with all the disadvantages, gambling outcome should be taken as a risk and luck. And a double edges sword wins and lose.
but it depend on what game are you playing because if it is about luck base game like for example roulette? you are not playing against other but solely against the gambling site.
but what op means here is that no bet are wasted because even if you lose the money at least you did not miss the fun and that is what we must consider as gambler mate.
remember that we will always lose but at least we will win from fun things inside the game.









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March 24, 2023, 05:38:57 AM
 #226

But there are still instances that we will lose no matter how much preparation we are doing. Have you seen the thread here last time about the guy who lose a million dollar bet? That guy must be too confident about his ability. He was almost correct if the opposing team didn't get lucky to make an epic comeback. Then there are those newbies who just bet randomly and still manages to win the game.

This only shows that luck still plays a big role even on a game of skills like sports betting. In gambling, losing is also normal but it shouldn't discourage us to not try again the next time because I am sure that there will be a time that we will win.
If we lose, good luck is not with us and we must admit it, instead of continuing to bet on other sports betting because we want to recover from losses.

Yes, I've seen that thread but I think it will be difficult for us if we are too confident in our abilities because we can never always win.

In gambling, losing is something we are sure to get, but it will be difficult for us to win. So we should know ourselves and limit gambling to avoid big losses. Maybe we can try another bet another day.

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March 24, 2023, 05:55:38 AM
 #227

Even a beginner can bet which is the favorite team which is not the favorite, besides looking at the betting odds it can also be seen which one should be the favorite, for example betting with odds of 2.00 or below is already called the favorite club, I think my younger brother can also bet on sports betting without having to be taught first as long as he understands sports, so why wait for other people's predictions if we can do it ourselves  Cheesy
Yep, that's the point I was want to say.

If we only bet on the favorite team or fighter, we don't need to become a gambler because we don't need to care who's playing and how the sport's work. I can create my own thread and list all of my predictions where I predict the favorited team or fighter will win. I believe I will get around 70-80% of correct predictions, but if we calculate the amount I bet and the return I get, it's either small profit or big lose Cheesy

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mak013
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March 24, 2023, 07:02:23 AM
 #228

In my opinion, all bets are not wasted these usually depend on the bets of the casino sites the chances of winning here are very high if you bet correctly. Casino high or low payout ratio slots with higher payout ratios offer more frequent and regular wins conversely, slots with lower payout ratios have lower winning odds. In casinos the sites should be thoroughly researched before joining. Most casinos will pretend to protect you from losses by offering loyalty programs you can enroll in a cashback program where you can earn points for every lost bet.
I want to agree with you. But if we all win - the casino - lose. And if the casino lose they close - no one will work at a loss. But i don`t hear that casino closing due to gamblers winning.
The same time we can see the thread here, how the gambler lost $1.4million with the odd less than 1.01.
I think that it is possible to win the casino, but you must have a strategy, money management and think about gambling like about job - no emotions, only hard work.

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rby
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March 24, 2023, 12:51:12 PM
 #229

Even a beginner can bet which is the favorite team which is not the favorite, besides looking at the betting odds it can also be seen which one should be the favorite, for example betting with odds of 2.00 or below is already called the favorite club, I think my younger brother can also bet on sports betting without having to be taught first as long as he understands sports, so why wait for other people's predictions if we can do it ourselves  Cheesy
Yep, that's the point I was want to say.

If we only bet on the favorite team or fighter, we don't need to become a gambler because we don't need to care who's playing and how the sport's work. I can create my own thread and list all of my predictions where I predict the favorited team or fighter will win. I believe I will get around 70-80% of correct predictions, but if we calculate the amount I bet and the return I get, it's either small profit or big lose Cheesy
Then what makes it gambling is that your favourite team or your favourite fighter does not always win. What makes it gambling is when 1.38 odds refused to play and 14 odds play.
But a gambler who gambles based on their selection of favourite team or fighter would make a bad gambling. You need to check the form, the emotion and conditions of your favourite before you employ them in your betting slip.
Technical, I high level risk bet without research can be regarded as a waste.

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ethereumhunter
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March 24, 2023, 01:36:09 PM
 #230

In my opinion, all bets are not wasted these usually depend on the bets of the casino sites the chances of winning here are very high if you bet correctly. Casino high or low payout ratio slots with higher payout ratios offer more frequent and regular wins conversely, slots with lower payout ratios have lower winning odds. In casinos the sites should be thoroughly researched before joining. Most casinos will pretend to protect you from losses by offering loyalty programs you can enroll in a cashback program where you can earn points for every lost bet.
I want to agree with you. But if we all win - the casino - lose. And if the casino lose they close - no one will work at a loss. But i don`t hear that casino closing due to gamblers winning.
The same time we can see the thread here, how the gambler lost $1.4million with the odd less than 1.01.
I think that it is possible to win the casino, but you must have a strategy, money management and think about gambling like about job - no emotions, only hard work.
There's no way we can all win because that's not how gambling works. It is the casinos that will win and take all the biggest profits from the losing gamblers. We can only think that the offers from casinos make greedy gamblers continue to play without making clear boundaries when they have to stop gambling. And that's what will make their bets in vain because they can't control themselves when playing gambling. So if we can control ourselves, I think the bets we make are worth it because we value every money we use to bet without thinking about how to win. After all, winning from gambling is not easy.

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tusandii
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March 24, 2023, 04:58:10 PM
 #231

We can't do anything about that aspect of gambling, it's just that the house edge always wins and most of the losers are gamblers.
I don't think I've ever seen that the house edge always loses, is there something in our history? It doesn't seem like there is anything yet, right?
I have often said and discussed this matter.
Whereas in reality, in the gambling industry, the house edge is the main winner and if there are gamblers who manage to win, beating the house edge, it is only because of luck that it is impossible to get it often.
What's more, many gamblers are betting, so if 2 or 3 gamblers win, the house edge can still profit from other gamblers who experience losses. That's why I say that the house edge is the real winner.
There has never been a history of the house edge losing to gamblers to actually suffer big losses, I've never heard of something like this happening.
Not in all cases will the house edge be the winner some time the gambler have the luck to win over the house sometimes but what is not possible is if he will win continuously since the house is designed to be an edge over the player.

- for the fact that the house have always been the winner of the gambler is wise enough to cut off from playing and chasing more wins whenever there is a winning.
Victory over the house edge can only be obtained by gamblers due to luck and not every time gamblers can have luck.
Even those who have long experience in gambling still rely on luck to be able to beat the house edge, so as I said before that no gambler can truly beat the house edge.
So it's just nonsense when there are gamblers who confess and tell their experiences of being able to beat the house edge in a row.
Yes and what you are saying has an important point, namely to always have limits and good self-control and finances so as not to lose more money by losing to the house edge.

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March 24, 2023, 05:24:08 PM
 #232

If we talk about sports gambling then we should have knowledge of the past history of players or the team we are betting upon and what are the odds being offered at the time of wager.If you have idea that how they have performed in recent matches or know their capabilities and playing style you can bet accordingly but if you are wagering on pure speculation then it will not work best for you.Rest the luck always needs to favour you in gambling.
Without research, you won't know how to choose the right team, which will only defeat you. And if you repeat the same thing, you will lose many chances to win the match, even if it is the easiest match. Analyzing every match of a player or team is very useful for us because we can see how they are performing and know if they are the right team or player for us to choose. And after finishing analyzing that, we can choose a team with a higher chance of winning than the opposing team.
But there are still instances that we will lose no matter how much preparation we are doing. Have you seen the thread here last time about the guy who lose a million dollar bet? That guy must be too confident about his ability. He was almost correct if the opposing team didn't get lucky to make an epic comeback. Then there are those newbies who just bet randomly and still manages to win the game.

This only shows that luck still plays a big role even on a game of skills like sports betting. In gambling, losing is also normal but it shouldn't discourage us to not try again the next time because I am sure that there will be a time that we will win.

Is a question of gettin a lesson from the bet. You are right, even the best players, even poker professionals are always at the risk of loosing and that happens many times in fact, but it is about learning and about maximising your chances of success and on that sense, no bet is lost but only if you understand and analyse if your betting process and style need to change.

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March 24, 2023, 05:32:05 PM
 #233

In my opinion, all bets are not wasted these usually depend on the bets of the casino sites the chances of winning here are very high if you bet correctly. Casino high or low payout ratio slots with higher payout ratios offer more frequent and regular wins conversely, slots with lower payout ratios have lower winning odds. In casinos the sites should be thoroughly researched before joining. Most casinos will pretend to protect you from losses by offering loyalty programs you can enroll in a cashback program where you can earn points for every lost bet.
I want to agree with you. But if we all win - the casino - lose. And if the casino lose they close - no one will work at a loss. But i don`t hear that casino closing due to gamblers winning.
The same time we can see the thread here, how the gambler lost $1.4million with the odd less than 1.01.
I think that it is possible to win the casino, but you must have a strategy, money management and think about gambling like about job - no emotions, only hard work.
Regardless of anything when gambling, I think there are only 2 conditions. Firstly, we won it just because we were given the win by the casino which is considered our luck and secondly it is a certain thing that the casino will win regardless of anything. No one will deny that the casino is something that gamblers cannot beat regardless of luck or whatever Grin
No one could really get out of the situation because one might say it was a seemingly certain rule in gambling.

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March 24, 2023, 05:34:12 PM
 #234

No matter what the outcome of the bet is someone must win, so while you are at loss the other man on the other side is winning and keeping up with all the disadvantages, gambling outcome should be taken as a risk and luck. And a double edges sword wins and lose.
but it depend on what game are you playing because if it is about luck base game like for example roulette? you are not playing against other but solely against the gambling site.
but what op means here is that no bet are wasted because even if you lose the money at least you did not miss the fun and that is what we must consider as gambler mate.
remember that we will always lose but at least we will win from fun things inside the game.

Acknowledging the fun is a good quality of an advanced gambler, most players focus mainly on loss or gain that's why they don't enjoy the fun in gambling. When you ask people leaving the gambling house if they enjoyed the game they'll reply no, I lost! such players are considered as level 1 gamblers because they see gambling as a way to make quick money. The moment players begin to view gambling as a fun activity, this thread would be marked correct by all responders. Moreover, competing with the house and expecting to win all stakes isn't possible. Every game or hit we make on a machine contributes to the outcome of our games; win or lose. If the house wants a player to lose out all their stakes it'll easily drive away the player from the casino, so they have programmed the casino in such a way that we win as we lose money. Therefore enjoying the game, wouldn't hurt our feelings, which will help to enhance the self consciousness of the player to make better decision and study the machine too.

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March 24, 2023, 07:23:02 PM
 #235

I think that given your knowledge, you can also expand your comments to certain threads, for example Liga Argentina https://bitcointalk.org/index.php?topic=5437040.msg61665927#msg61665927

 I entered others, imagine that each one of us takes the idea of ​​opening a thread for our personal preaching, it is possible but the ideal is to be active in the threads that exist.  Don't forget the one from Argentina.  Smiley

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March 24, 2023, 07:35:39 PM
 #236

We win some and we lose some that is the way gambling works and if you are placing bets no matter what the outcome will be kts not a waste and one will benefit from it greatly because even when you lose at least you will gain experience.

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March 24, 2023, 07:58:50 PM
 #237

I believe the OP's point is that placing bets on multiple sports and games can result in an overall win if you have a good strategy and follow that sport. This is the topic he intends to discuss with us. Your point seems to be unrelated with the topic as it does not talk about the actual topic of the OP's posted. If you did not read the post correctly, you may have misunderstood its purpose, which is not about where the money goes when placing a bet but the idea of him sharing multiples bets that will lead to a profit and there will be no bet wasted if he managed to get a win from a total of 4 or 5 bets

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March 24, 2023, 07:59:17 PM
 #238

Absolutely correct and we are all know that every single bet the outcome are opposite and if we won then other gamblers lose as well so we must accept the fact that not all the time we will win. And I think Theres no waste bet because the reason of if we loss then there are other gambler benefits our money.  But as a gambler we need do know our limitations we must gamble for fun and not for making money in order to avoid addiction.
like when you bet on roulette. Let's say you and 5 other people bet on number 1 with a total bet of $1000 and 6 other people bet on number 2 with a total bet of $2000. If one of the people who bet on number 1 is lucky, of course you will also be lucky and those who choose number 2 will lose and vice versa if the person who bets on number 2 wins, you will definitely lose.

betting for fun is indeed true. because in that situation your mind and heart are in a calm phase and you place a bet that will be right with the strategy you are doing.
it's different when betting to chase profits it will only make emotions when you get a loss and usually will chase the loss.

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March 24, 2023, 09:24:40 PM
 #239

I believe the OP's point is that placing bets on multiple sports and games can result in an overall win if you have a good strategy and follow that sport. This is the topic he intends to discuss with us. Your point seems to be unrelated with the topic as it does not talk about the actual topic of the OP's posted. If you did not read the post correctly, you may have misunderstood its purpose, which is not about where the money goes when placing a bet but the idea of him sharing multiples bets that will lead to a profit and there will be no bet wasted if he managed to get a win from a total of 4 or 5 bets
The right answer, and if we all really understand, there really aren't any wasted bets as long as we have expertise in predictions and have the ability to research every match, of course there won't be wasted bets.
Many of us are always lucky to get big wins at sports betting because they want to try to make sure profits.

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March 24, 2023, 09:40:14 PM
 #240

Even a beginner can bet which is the favorite team which is not the favorite, besides looking at the betting odds it can also be seen which one should be the favorite, for example betting with odds of 2.00 or below is already called the favorite club, I think my younger brother can also bet on sports betting without having to be taught first as long as he understands sports, so why wait for other people's predictions if we can do it ourselves  Cheesy
Yep, that's the point I was want to say.

If we only bet on the favorite team or fighter, we don't need to become a gambler because we don't need to care who's playing and how the sport's work. I can create my own thread and list all of my predictions where I predict the favorited team or fighter will win. I believe I will get around 70-80% of correct predictions, but if we calculate the amount I bet and the return I get, it's either small profit or big lose Cheesy
Then what makes it gambling is that your favourite team or your favourite fighter does not always win. What makes it gambling is when 1.38 odds refused to play and 14 odds play.
But a gambler who gambles based on their selection of favourite team or fighter would make a bad gambling. You need to check the form, the emotion and conditions of your favourite before you employ them in your betting slip.
Technical, I high level risk bet without research can be regarded as a waste.
This is where the strategy we are using to make bet comes in. We can't just blindly go to a betting shop and book games  on a particular sport and bet on them without doing a significant research on the kind of team we are going for. This is where we do get it wrong.

 We need to be scrupulous on the kind of game or sport we are betting on before we book them. Those gamblers that do make consistent profits from the market knows what they are doing that is why we do see them making a lots of money for gambling and we arewi still keep complaining on why we don't make profits because of our unscrupulous attempt.









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