Wiwo
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September 15, 2023, 07:13:40 PM |
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Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.
While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
Very good discussion you have here.. Well, my approach have always been; using small capital to chase after big wins, and though like you said, gamblers who chase big wins with small capital rarely wins, it's true for me, I rarely win, but then, I am still happy and comfortable with my losses .. I chose the approach because; in gambling, there are never any guarantees, even those who commit big funds to chasing small odds with better winning chances still of the time end up losing, that alone tells us that there are no guarantees in gambling, so since gambling is not my primary source of income, Its better for me to chase the big wins with a very small amount of money I am always comfortable losing, than chasing sure wins with big money which I might still end up losing and regretting so hard . I think both approach will arrive at the same destination which is risk vs luck, but how you arrive at the final stage and at what position all depends on the ability of the gamblers to properly put things in place. For instance when playing with small capital or amount to stake your games, you may have to do that multiple times before you can accumulate a big amount in total winnings, same applies to using higher capitals when you win you go home at once but when you lose, everything is gone, that how it is.
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macson
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September 15, 2023, 07:35:46 PM |
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Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.
While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
gambling is almost similar to business, don't expect that you will get big profits if you only spend a small amount of capital, but it is important to remember that never use gambling capital that exceeds the money you currently have, it's just a trap in your mind if you think you will get more money in your gambling activities (Gambling is not designed to make someone rich overnight, gambling is designed for entertainment that uses money)However, there are quite a lot of lottery jackpot winners who spend small capital but win very big, their luck is usually only once in a lifetime.
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DaNNy001
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September 15, 2023, 07:45:09 PM |
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Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.
While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
gambling is almost similar to business, don't expect that you will get big profits if you only spend a small amount of capital, but it is important to remember that never use gambling capital that exceeds the money you currently have, it's just a trap in your mind if you think you will get more money in your gambling activities (Gambling is not designed to make someone rich overnight, gambling is designed for entertainment that uses money)However, there are quite a lot of lottery jackpot winners who spend small capital but win very big, their luck is usually only once in a lifetime. Hmmm I know it's true somehow about gambling high being better than low because the risk involved in this type of gambling is less than gambling with small funds because when gambling with small fund you will have to accumulate high odds and sometime you do this only with the option of using parley selection and everyone knows how parley selection is difficult when it's come to gambling and especially soccer for that matter.
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ChiBitCTy
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September 15, 2023, 07:52:29 PM |
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The old saying goes "it takes money to make money" and I think that applies quite a bit in the world of gambling. It's pretty hard to try and win some serious money when you don't have much money to "invest". Of course you could play it safe, bet small and somewhat conservatively and try to slow build your way up, to where you can win some actual money, but that's certainly not easy.
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Gozie51
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September 15, 2023, 07:52:44 PM |
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Using big capital for small odds reduces the risk of losing and if you're not a greedy gambler you can win more often than not.
But the sadly just one losing can cost you two third of the amount of your previous winnings. While small capital is cool but you have to accumulate odds to get a big potential winning amount and your chances of winning are slim and not everyone will have that patient for a rare big win. Gamblers should use the strategy that works for them not minding whether big or small wins
It is true that when you lose from betting big, the effect is fatal. But it appears that, that is what gamblers are doing now especially in soccer bet and they are profiting from it. Some can stake a single game with $100 to expect a double of it which is $200 and immediately after the match, he would cash out and wait for another game while those playing too many games can have losses for complete a month and the expenses is almost totalling the $100 dollars, I think the single game is more profitable though.
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rahmad2nd
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September 15, 2023, 08:17:45 PM |
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The old saying goes "it takes money to make money" and I think that applies quite a bit in the world of gambling. It's pretty hard to try and win some serious money when you don't have much money to "invest". Of course you could play it safe, bet small and somewhat conservatively and try to slow build your way up, to where you can win some actual money, but that's certainly not easy.
Not just for gambling, even the saying you say applies to all things related to dealing with money. To make more money, someone needs money as capital. Even in business, to develop a business bigger and develop, additional capital is needed to facilitate the running of the business that someone is doing. In gambling, we can gamble according to what we want. either with a large bankroll, or with a small bankroll. But what is clear is that the results will be different as well as the risks. However, there are actually ways to make bigger money from gambling even with a small bankroll. Even then, with the condition that someone needs expertise in the field of gambling. for example, betting on a sports parlay. with small capital, someone can get quite decent results. especially, if done regularly and at the same time double it. Moreover, if done with a large bankroll, the results will be even greater. Unfortunately, it's not as easy as we say. so I agree with what you said. The point is, whether someone wants to gamble with a large bankroll or with a small bankroll. It all depends and is up to each gambler, and also the financial capabilities of a gambler. but most importantly, realize that there are consequences to the risks we take, regardless of whether we are lucky in gambling.
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topbitcoin
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September 15, 2023, 08:34:38 PM |
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Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.
While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
Apart from the two things you said, in the gambling that I do and when I want to place a bet, I will only spend an amount of money that I can afford to lose so that when I lose it won't be something painful. However, if I had to choose, I would choose the second point, namely "small capital and big risk". However, when I choose this, I have to give up any hope of winning big in the bets I make. And that's not a problem for me, because I just try to enjoy the gambling and betting that I do so that there are no regrets later when I lose.
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Westinhome
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September 15, 2023, 09:26:46 PM |
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I think both approach will arrive at the same destination which is risk vs luck, but how you arrive at the final stage and at what position all depends on the ability of the gamblers to properly put things in place. For instance when playing with small capital or amount to stake your games, you may have to do that multiple times before you can accumulate a big amount in total winnings, same applies to using higher capitals when you win you go home at once but when you lose, everything is gone, that how it is.
The gambling had two horse to reach the target,one is the luck.Which is the active horse help to reach the target,even the pair horse will not co operate.The second horse will be the risk,it may be the long term horse.Many people try to play their chariot with the one horse luck,but for the long term horse risk is most essential one.Some gambler wil do the gambling try for one to check their luck.If they lose on the first game,he will quit the gambling and fly from the gambling.But the important one is play the gambling with the risk and one day the luck also favour and you can earn some good money from the same gambling game.
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ChuckBuck
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September 15, 2023, 09:29:27 PM |
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Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.
While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
Very good discussion you have here.. Well, my approach have always been; using small capital to chase after big wins, and though like you said, gamblers who chase big wins with small capital rarely wins, it's true for me, I rarely win, but then, I am still happy and comfortable with my losses .. I chose the approach because; in gambling, there are never any guarantees, even those who commit big funds to chasing small odds with better winning chances still of the time end up losing, that alone tells us that there are no guarantees in gambling, so since gambling is not my primary source of income, Its better for me to chase the big wins with a very small amount of money I am always comfortable losing, than chasing sure wins with big money which I might still end up losing and regretting so hard . That's an interesting plan, isn't it? Taking the least amount of risk to get the most reward. I don't agree, but I can see why you think that way. It sounds like you're asking, "Why not throw some pennies into the void and see if they multiply?" The idea of not relying on gambling as your primary source of income is a touch of genius sprinkled in there, really. As for the "small capital for big wins" plan, many would say it has more problems than benefits. But your willingness to risk losing money is admirable, if not a little weird. I wonder, though, if over time those small losses might not add up? Anyway, good job for following your gut and plan. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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KTChampions
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September 15, 2023, 09:34:56 PM |
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The old saying goes "it takes money to make money" and I think that applies quite a bit in the world of gambling. It's pretty hard to try and win some serious money when you don't have much money to "invest". Of course you could play it safe, bet small and somewhat conservatively and try to slow build your way up, to where you can win some actual money, but that's certainly not easy.
I think this is a variation of the proverb “money makes money”, although when we apply this proverb to gambling it hardly works. If we won serious money, then we risked serious money, right? But I don’t think that a person who constantly risks serious money will keep it. If I had them, I would have found more reliable ways to use them.
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Wiwo
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September 15, 2023, 09:35:17 PM |
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Edited out
The gambling had two horse to reach the target,one is the luck.Which is the active horse help to reach the target,even the pair horse will not co operate.The second horse will be the risk,it may be the long term horse.Many people try to play their chariot with the one horse luck,but for the long term horse risk is most essential one.Some gambler wil do the gambling try for one to check their luck.If they lose on the first game,he will quit the gambling and fly from the gambling.But the important one is play the gambling with the risk and one day the luck also favour and you can earn some good money from the same gambling game. I understand your illustration perfectly and this is the most recurrence and state of things with the two pier for analysis be it that, one must choose betwtthe two to decide which side the gamblers is, most people will take the long route since their believe gambling with small amount will reduce the risk pf losing even though if their total potential payment may not be tangible. But more also we have to k ow that both approach have their own level of risk and potential rewards, so the gambler will really have to contemplate deeply on that, and not neglecting the place of luck in both approaches because at times what is needed is just the luck and not the games or amount staked or even the odds that warrant the winning.
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Rengga Jati
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September 15, 2023, 09:59:11 PM |
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While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
Yes, this will indeed provide its own pluses and minuses. in fact, there are also those with high capital, high risk, or high turn. Finally, this is also called in the world of gambling, sometimes we feel very good at positioning our capital in a bet because of our belief in winning. However, in the end it turns out to result in very unexpected results. . Actually, the two are almost the same, because if you use small capital you very rarely win, and in the end, if you add them up, the nominal value will also be large. In this case, sometimes, I use both, depending on what the chances of winning are at that time. Small deposit or big stake what matters is the luck, if you are lucky to have selected a few sure games that you know can give some substantial winning you ought to go for it, but also mind you, the more the game selected the higher you chances of losing because you can be sure in all the selections, definitely one or two games will cut the ticket and that is where making use of the cash-out feature could help significantly.
Again, luck can really help us with many things, especially in this case of gambling or betting, if we are lucky, small capital or big capital will be our way to get many times more money. But once again, we can calculate how many times does luck come to us? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Because it cannot be denied, sometimes, something called luck comes to us when we least expect it, but often it doesn't come when we really expect it. Meanwhile, when it comes to betting, sometimes luck is very influential. although that's not the only thing that has an influence.
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dothebeats
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September 15, 2023, 11:34:04 PM |
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The old saying goes "it takes money to make money" and I think that applies quite a bit in the world of gambling. It's pretty hard to try and win some serious money when you don't have much money to "invest". Of course you could play it safe, bet small and somewhat conservatively and try to slow build your way up, to where you can win some actual money, but that's certainly not easy.
I think this is a variation of the proverb “money makes money”, although when we apply this proverb to gambling it hardly works. If we won serious money, then we risked serious money, right? But I don’t think that a person who constantly risks serious money will keep it. If I had them, I would have found more reliable ways to use them. Huge businesses risk huge money serious money all the time, and they never lose that much because they play with the risks accordingly. The thing is, gambling or not, they play with the odds cleverly and use whatever resources it is at their disposal to be at an advantageous position. The only time you can do this in gambling is in sports betting and other games that require skill such as poker, blackjack, and other card games.
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Onyeeze
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September 15, 2023, 11:41:33 PM |
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Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.
While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
Those gamblers that uses huge amount of money for small odds are the people who benefit in gambling, why I said so is that with their odd it can be two or three games they will stake and its possible for the three games to enter as usual, because some people who stake games like using small amount to win a game with thirty two 32 different games that will come out one million for the stake price, so the wiser you are in a gambling the more you win, before you win a gambling you most strategies
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Fivestar4everMVP
Legendary
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September 16, 2023, 05:10:39 AM |
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Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.
While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
Very good discussion you have here.. Well, my approach have always been; using small capital to chase after big wins, and though like you said, gamblers who chase big wins with small capital rarely wins, it's true for me, I rarely win, but then, I am still happy and comfortable with my losses .. I chose the approach because; in gambling, there are never any guarantees, even those who commit big funds to chasing small odds with better winning chances still of the time end up losing, that alone tells us that there are no guarantees in gambling, so since gambling is not my primary source of income, Its better for me to chase the big wins with a very small amount of money I am always comfortable losing, than chasing sure wins with big money which I might still end up losing and regretting so hard . That's an interesting plan, isn't it? Taking the least amount of risk to get the most reward. I don't agree, but I can see why you think that way. It sounds like you're asking, "Why not throw some pennies into the void and see if they multiply?" The idea of not relying on gambling as your primary source of income is a touch of genius sprinkled in there, really. As for the "small capital for big wins" plan, many would say it has more problems than benefits. But your willingness to risk losing money is admirable, if not a little weird. I wonder, though, if over time those small losses might not add up? Anyway, good job for following your gut and plan. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Haha. Of course, it sure would add up if played for a very long time without a win , which is possibly not possible with me or for me, I still win from time to time since I don't only focus on football betting, but also good at other sports like volley ball, table tennis, basket ball and so on.. And when i does win , it does cover all the previous losses and comes with profit, or almost. The thing is, anybody or gambler going with the small capital -big risk approach must be very good and knowledgeable about sports, it's not a strategy for newbies or people just learning about sports and trying to profit from it.
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Dimitri94
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September 16, 2023, 06:14:16 AM |
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Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.
While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
gambling is almost similar to business, don't expect that you will get big profits if you only spend a small amount of capital, but it is important to remember that never use gambling capital that exceeds the money you currently have, it's just a trap in your mind if you think you will get more money in your gambling activities (Gambling is not designed to make someone rich overnight, gambling is designed for entertainment that uses money)However, there are quite a lot of lottery jackpot winners who spend small capital but win very big, their luck is usually only once in a lifetime. Appreciated, it is difficult to win big in gambling using small amount of money which is not possible normally. But some gamblers still try to win big so they often lose their money. As a gambler increases his bankroll, he should expect according to their bankroll. If gambling is conducted with the intention of getting more wins or making more money, there are bound to face unexpected events. Although there are many instances where a gambler has changed their life by winning the jackpot or big lottery with little spending. But gamblers should not forget that luck in gambling does not work equally for everyone.
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Mauser
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September 16, 2023, 07:55:06 AM |
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Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.
While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
It really depends for me how I feel about a particular bet and how much I am willing to lose on my conviction. In some cases the odds of winning are so high that it just doesn't make any sense to bet small. In the past I used to bet large amounts on the favorites on football match, even on leagues that I didn't even follow I bet on games with 1.05 and lower payouts. The problem was that in several bets the underdog won and I lost all my money. The amount of money you risk compared to your payout is so big that it's going to take month to recover any loss. Now I am trying to be more cautious, I still bet large amounts from time to time, but I also try to bet more smaller amounts. The good thing about high payout bets is that you can spread out your money across a large number of bets. Even if the winning chance for one bet is low, it's enough to win a few to cover the losses from the majority.
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Odohu (OP)
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September 16, 2023, 10:57:43 AM |
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It really depends for me how I feel about a particular bet and how much I am willing to lose on my conviction. In some cases the odds of winning are so high that it just doesn't make any sense to bet small.
I was using this approach before and it is good because you will commit more funds to the games you have more confidence in and less funds on games the probability is lower. The only challenge with this method is the tendency to over-leverage which might result in pains. In the past I used to bet large amounts on the favorites on football match, even on leagues that I didn't even follow I bet on games with 1.05 and lower payouts. The problem was that in several bets the underdog won and I lost all my money.
Despite this looking reliable on the surface, in terms of business continuity and sustainability, I don't think this is good. One single loss can wipe out one week of consistent winning. You already confirmed that you lost all your money to a single loss... that means you need to modify your strategy if you want to remain in business.
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Oasisman
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September 16, 2023, 11:16:12 AM |
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Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.
While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
Only those who have huge bankroll which is a wealthy person of course and those who have big risks appetite can put a massive bet in return for a massive win or lose as well. This kind of gambling will either make you become rich or poor for a day instantly lol. Most of the gamblers will prefer to have a minimal capital aiming to gradually increase it by winning small bets hoping the capital would grow so does the betting amount. This method will not cost you a lot of money when you lose. This method is also similar with parlays in sports betting.
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ethereumhunter
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September 16, 2023, 11:35:25 AM |
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Appreciated, it is difficult to win big in gambling using small amount of money which is not possible normally. But some gamblers still try to win big so they often lose their money. As a gambler increases his bankroll, he should expect according to their bankroll. If gambling is conducted with the intention of getting more wins or making more money, there are bound to face unexpected events. Although there are many instances where a gambler has changed their life by winning the jackpot or big lottery with little spending. But gamblers should not forget that luck in gambling does not work equally for everyone.
Only if the gambler can have great luck can he get a big win with a small bet, which is very rare. Most gamblers do not win large winning amounts but only according to what they use to bet. Maybe he could still get his break even in gambling so he didn't need to chase more wins because it wasn't easy and he would face many more losses. But if it is a lottery, getting a big win or winning the jackpot will be very difficult because it also depends on one's luck. Even though people continue to buy lottery tickets, they may have to wait long to win the jackpot or never win the jackpot. So you should only gamble using the money you can afford so that if you lose, the loss won't be too big.
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