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Author Topic: How do you manage greed to place your bet  (Read 959 times)
tygeade
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October 06, 2023, 06:09:20 AM
 #121

Emotion is the only thing to manage when it comes to gambling and trading. Greediness is part of the emotion we pour into gambling. If we cannot control ourselves we might lose depending on how much we have invested in.
The key to dealing with all of this is to limit the gambling budget, because if we consistently limit the budget even when we lose and the money runs out we will automatically stop without having to make another deposit, emotions and greed will not cover our feelings when we lose, as long as we consistently limit our gambling budget so that can be an alarm for us when to stop gambling.

I even do that often and it's true that I'm not affected by increasing my bets because I've already reached my daily gambling budget limit. so I have to stop gambling and come back tomorrow to gamble again, if we are consistent with this habit it is guaranteed that it will not become an addiction too, in the end gamble wisely and responsibly. Everything must be managed properly, the point is to limit the budget.
That's the most important thing without a doubt. I know that there are a lot of people who do not approach it with that much care but those will be the people who will end up losing a lot of money as well. I personally believe that the best part about limiting your budget is that it allows you to gamble care free.

Well, simply put you can gamble however you want, if your money is gone then it's gone and it's limited so you knew that you are going to lose that money, how and when doesn't matter because that was always the point, you allowed that money to be lost from the start and that's how you are going to end up getting more fun. This means that you are going to end up with gambling with more fun, and you can do whatever you want and you can just enjoy life much better. This means that limiting your betting amount, like with one deposit that is it for the whole month type of thing, could result with you not only getting joy, but also even maybe better results too.

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October 06, 2023, 06:39:42 AM
 #122

Everything should really be in moderation or simply needed up to be in control so that you wont really be ending up yourself on a tough situation or difficult moment of your life just because you had tolerated that wrong doing or decision specially when dealing up with gambling on which we do know that it is really that too dangerous if you do tolerate out such thing and wont really be making out that immediate step for you to be able to have that kind of awareness about on your action.Its impossible that we cant really be able to distinguish between good and bad but sometime due to love of money or simply with greed then we do really forget out things which needs to be done rather than on tolerating your greediness.

Everything should really be in moderation because if you don't then you are really that prone into those usual wrecking situation in terms of finances.
Never ever make yourself that too dumb on doing the right thing or decision because it would really be just for your own good.
What you say is correct because controlling ourselves when we gamble will not give us problems and we can also enjoy it. And if we can gamble within these limits, we can know that gambling is just entertainment and we shouldn't expect too much profit from gambling. Instead, we have to look for other ways to work to make money so that we don't gamble too often. If they continue gambling, they can become greedy, especially when they win, so they won't think it happened because their luck came.

We should always be careful when playing gambling and not be too eager to win many games. We must prevent greed that can arise when we are gambling. Gambling is not a way to make money but is only a way to enjoy entertainment where we can look for other entertainment that doesn't cost too much money.

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October 06, 2023, 07:06:33 AM
 #123

We can't avoid blaming ourselves when placing small bet if there's an instance that winning huge amount will be possible. However, if you're greed comes so high most probably regrets comes after if losses tend to occur with highest percentage.
Placing a bet should become a mindset, that you can afford to lose that amount of money in order to keep yourself free from frustrations. Always be satisfied of what decision you've come up with.

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October 06, 2023, 07:16:33 AM
 #124

The main reason is you want to make money, that's why you feel greedy and want to increase your bet in order to win big amount of money. To get rid from this you must gamble only for fun, this will make you able to control yourself. If you're in a condition lack of financial and want to make more money, you should try to get a side job or learning a new skill first, then you will have nothing to lose to gamble.

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October 06, 2023, 07:45:56 AM
 #125

We can't avoid blaming ourselves when placing small bet if there's an instance that winning huge amount will be possible. However, if you're greed comes so high most probably regrets comes after if losses tend to occur with highest percentage.
Placing a bet should become a mindset, that you can afford to lose that amount of money in order to keep yourself free from frustrations. Always be satisfied of what decision you've come up with.

Greed is part of human nature especially when money is involved and only few can control it. However, the thought should not only be focused on the winning aspect as the chance of losing is always higher than winning. Imagine losing the bet and the money is gone for ever, you will be glad for making that decision to place a minimum amount. Your mind will be at peace and free from greed when you realize the risk involved in case it turns out bad. It's better to bet little amount and win moderate than to be eager to bet high and end up losing all.

Although, practicing this strategy depends on how you see gambling. If you see gambling as an avenue to make money, you'll always wish to bet higher so you can win high forgetting that the higher you bet, the higher your chance of bankruptcy. Always gamble responsibly.

R


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October 06, 2023, 08:23:57 AM
 #126

It's simple, we have to think about what impact we get from not being able to control gambling. The impact is very bad and even affects our innocent families. Instead of that happening, I think it's better to play with reasonable limits, and we have to be able to control that with the best control we can.

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October 06, 2023, 09:12:23 AM
 #127

Some months ago, I placed a bet, but the potential of winning wasn't enough for me. Then I added one more game and, to cut a long story short, the game was lost with only the last game I added. Secondly, I wanted to bet on a game with N5000 naira but something that had no value came up, then I used half of the money I wanted to use for Staking the bet to purchase something un-meaningful to me. But when I finally bet the game with the remaining balance, the game played, and I won just N9000 naira, so I am angry, but not too angry, because we don't have to blame ourselves for winning big or small, as long as we didn't lose at all.

At that point in time, we realised that sometimes we have to win a little money instead of big, because big winning times bring over excitement and most times, when too excited about our wins, we take gambling as a job that we must do every day.

R


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October 06, 2023, 11:01:39 AM
 #128

The answer is obvious, I am trying to avoid going broke that's why I am very careful with gambling, it's not new that gambling can make you lose your mind and get addicted, these type of disease 😷 must not get into my body, I am scared of greed, I know what this can do to a gentle soul, that's if you let it, even if you want to be greedy, gambling isn't the right thing to be greedy about.

Everyone wants to make money, through luck and not their business or hardworking, that scares me, this is why people lose themselves to gambling and turn addicts because they don't want to move on without getting their losses back.

Chasing your losses will just prolong your addiction with gambling and it's possible that you will never get your money back and you will not be able to move on, it's really scary and I don't want to be this friendly with gambling, my money my rules if I am not ready to lose the money, I am not gambling.

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October 06, 2023, 01:31:13 PM
 #129


Greed in betting is easily limited by the thickness of the wallet. If the wallet is not completely full, then this will moderate the ardor with the bets.

Regrets, self-blame and other emotions are not appropriate in gambling if you are chasing a big win. Emotions will not help, but on the contrary, they will only harm, therefore, it is necessary to restrain them as much as possible and adhere to the strategy. Only a systematic, prudent and balanced game. It's like you're on a secret mission and one wrong move with your bet will reveal you. Smiley It is more prudent to place bets in accordance with your limits, determined in advance by the strategy and initial action plan.

Better yet, for your wallet, is not to gamble at all. And then, all the above-described problems and questions become irrelevant. Smiley
But the thing is we cannot avoid these emotions, we can only manage it. All people has this kind of emotions , some people can manage it very well but for some people they cannot do it because their emotions controls their brain, their decision and they cannot think properly because they only think that they need to win no matter what happen and it will cause them so much trouble.
A person is not in control of himself when he becomes addicted to gambling. More winning and greed work in their brains so people take decisions in life which cause loss for life due to excess emotions. Awareness is needed to control emotions in some situations you can't control yourself notice them. If you can identify the cause of negative things like anger anger frustration restlessness etc. it will be easy to control emotions and there will be no trouble.

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October 06, 2023, 01:52:33 PM
 #130


Exactly, it is very difficult to escape from such wrong instincts, even though initially you have managed to get a win but surely the assumption will come out that "I have to continue playing with a larger number of bets so that the winnings are also getting bigger", and after that your money including the results of the victory will run out, it usually happens when they have won. And then especially if you lose, as you said they will not accept the results and surely the first instinct that comes out is that they have to get their winnings again with a larger amount in order to cover the previous loss, then they will make another deposit with very high hopes and a little emotional feeling of revenge, but what happens? Well lose again, that's a fact that often happens and of course must be avoided because it is clearly very dangerous. The fact is that most people who end up addicted and end up with all the downturns start with problems like the ones I have said above.

I think it's just nonsense even though they initially said that they would make full control with some restrictions there, because of course it is very unlikely that they can do it when conditions are not good - okay. Cycles like this will continue to happen and only a small percentage can get out of a zone like this, so set the right mindset when you are new to gambling, don't be tempted by anything because it's just a trap, there is no certain victory but only defeat will continue to dominate.
People typically think they're resistant to gambling addiction until they're hooked. Though "I'll control myself" or "I won't let it get to me" is easy, our brains have a weird way of justifying our actions when we're losing. We say, "Just one more bet and I'll win it all back" or "This time, I've got a feeling it'll be different." But does it ever change?

Healthy gaming involves much self-awareness and discipline. Limit your gambling. Leave when you reach that limit. No doubts. Otherwise, you'll keep losing. Casinos and internet gambling sites are meant to hook you. Do you control yourself or do they?

I think it's just a defense for all the mistakes they've made. The fact is it's just a saying and very unlikely to be done by them, they will try again and as we know the percentage of defeat is higher than victory, but their mindset is like turning things around, nothing but that because their hopes are too high there. I agree with you that usually even if they lose they will say "one more try and I will definitely win to restore the previous loss", but the fact that it still happens is like that "losing again".

I think that's the main reason why they've been stuck in that cycle for so long, the casino is just doing what they've always done and the fault lies with the gamblers themselves who, despite losing, always remain curious to try. Cycles like this have no set period of time, if they still carry that mindset then they will be stuck there forever. Yes that's right, this habit is very dangerous and we should do a lot of self-control there, don't hesitate to quit even if you are upset because of losing but it's a better end result than you keep trying it and experiencing more losses, so use your logic.

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October 06, 2023, 02:30:15 PM
 #131

We can't avoid blaming ourselves when placing small bet if there's an instance that winning huge amount will be possible. However, if you're greed comes so high most probably regrets comes after if losses tend to occur with highest percentage.
Placing a bet should become a mindset, that you can afford to lose that amount of money in order to keep yourself free from frustrations. Always be satisfied of what decision you've come up with.
Definitely if there's a possibility we know how a game will turn out, either a winner or a loss we would place probably a better stake on the bet but for the sake of been on the safe side we mostly tend to place small money to get bigger ones and it could be seen as a way of managing risk, or better still called a risk management strategy to cut down on our losses.

Placing a bet on something you can afford to loose is such a risk that is unhealthy and can cause some one to definitely go in to unhealthy practice after such losses, so it's always responsible to just place bet only on what you can afford to loose so you have less emotions attached and you get the fun and entertainment that come with gambling.

We can manage our greed level by setting a certain amount we aim to achieve with every bet we place and sticking to such limits so we don't get greedy, sometimes it's all good to be very realistic with our bets and aswell position our selves with options that are possible, don't let your hunger for bigger amounts cause you to place bets that are not realistic and you end up loosing instead of winning.

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October 06, 2023, 03:47:15 PM
 #132

A person is not in control of himself when he becomes addicted to gambling. More winning and greed work in their brains so people take decisions in life which cause loss for life due to excess emotions. Awareness is needed to control emotions in some situations you can't control yourself notice them. If you can identify the cause of negative things like anger anger frustration restlessness etc. it will be easy to control emotions and there will be no trouble.
More wins will make them greedier to get more wins and they must not try because losses can come when they decide to continue gambling.
People decide to continue gambling because of excessive greed, so they place big bets and don't know whether they will win or lose.
They feel that they are just placing bets and gambling and leaving the results to chance and if they lose, they will place bets again.
And when they win, instead of choosing to stop, they will continue gambling and often run out of money.
Every gambler should avoid this so that they do not lose a lot of money due to their greed.
We, as gamblers, must be able to control our greed because it can result in losing large amounts of money.

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October 06, 2023, 05:28:15 PM
 #133

A person is not in control of himself when he becomes addicted to gambling. More winning and greed work in their brains so people take decisions in life which cause loss for life due to excess emotions. Awareness is needed to control emotions in some situations you can't control yourself notice them. If you can identify the cause of negative things like anger anger frustration restlessness etc. it will be easy to control emotions and there will be no trouble.
More wins will make them greedier to get more wins and they must not try because losses can come when they decide to continue gambling.
People decide to continue gambling because of excessive greed, so they place big bets and don't know whether they will win or lose.
They feel that they are just placing bets and gambling and leaving the results to chance and if they lose, they will place bets again.
And when they win, instead of choosing to stop, they will continue gambling and often run out of money.
Every gambler should avoid this so that they do not lose a lot of money due to their greed.
We, as gamblers, must be able to control our greed because it can result in losing large amounts of money.

Most common reaction inside gambling, when you supposed to close your session because you already have some wins, then you decided to continue because of greed inside you, thinking that your luck is unstoppable and you already know how to play with the strategy or patterns that you believe will give you more wins.

And once you start experiencing losing streak, that desperation inside you will lead you to keep playing and the next thing you know
everything is already out of hands, and the outcome ain't in your favor and brings stress and regret to yourself.

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October 06, 2023, 07:09:33 PM
 #134

We all know that greed is one of the feelings that sometimes take over us as players when we are on a good streak. It is not difficult to handle but it must be done quickly because if you give it too much time things can get out of control because you can't. things can always be handled well , I do not advise playing in a casino and drinking alcohol, because that way things are more difficult , it is to play in your right mind, when things are Going on a good Streak that is when greed comes in the most, you can predicting that many are playing in favor of it and it is not the best decision, although it may have good luck in circumstances, it can be said that things when They go in that direction can turn around and go out of order, unless everything goes wrong, so it is not advisable I believe that when you as a player start thinking, you get more money because the more you have and the more you love each other, in this case it doesn't apply, the casinos, the game is not meant to be taken lightly like that, because the money can go away. Very tough, the best thing is to have a lot of restraint when playing, and I think that every time you have the thought of betting much more than before, thinking that you can lose, that it is better to come out positive and not negative.

In the management of funds in our balance there must always be a mental alarm that we should not exceed a certain number or It is to be something profitable in games, not to be so open that greed takes over because I have seen and read here in the forum how greed can make strata in people, even addicts can become, to avoid this type of acts I apply Something, the first thing is that Every time I play and I get a profit, no matter how small, I leave it there, I don't continue playing, because I have learned to see the game as if it were a business, I don't know, but so far it has worked for me , starting from the fact that the casino is a company , we as players must also see ourselves as Companies.

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October 06, 2023, 07:09:59 PM
 #135

A person is not in control of himself when he becomes addicted to gambling. More winning and greed work in their brains so people take decisions in life which cause loss for life due to excess emotions. Awareness is needed to control emotions in some situations you can't control yourself notice them. If you can identify the cause of negative things like anger anger frustration restlessness etc. it will be easy to control emotions and there will be no trouble.
More wins will make them greedier to get more wins and they must not try because losses can come when they decide to continue gambling.
People decide to continue gambling because of excessive greed, so they place big bets and don't know whether they will win or lose.
They feel that they are just placing bets and gambling and leaving the results to chance and if they lose, they will place bets again.
And when they win, instead of choosing to stop, they will continue gambling and often run out of money.
Every gambler should avoid this so that they do not lose a lot of money due to their greed.
We, as gamblers, must be able to control our greed because it can result in losing large amounts of money.
The most important question that you should ask yourself before you go to gamble is: “Why am I coming in?” We need to understand this clearly. The vast majority of users come to relax and have fun after a busy work week. So this is what you need to do, and not break down after another loss and exceed all kinds of limits and try to win back. You need to know that this can happen to absolutely anyone and to you too. You need to be prepared for this. And at the moment when you want to get even, say a firm “NO” to yourself. It is at this moment that everything is decided. Managing your greed is in this moment.

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October 06, 2023, 07:11:52 PM
 #136

Only ever bet what you are willing to lose. You don't want to lose the shirt off of your back! Go in with a plan and don't stray from that plan, especially when you're gambling. If its a one off and you're absolutely sure then go for it, but don't make that your norm if you can't afford it.

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October 06, 2023, 10:18:17 PM
 #137

For much long now I have never place bet with a higher amount but there was a bet i placed few days ago and i was tempted to increase my wager from what it should be before, Let say i often gamble with at least 200 Naira and maximum is 2,000 for a multiple bets But recently something came into me to start increasing my wager above my limits due to a game that was predicts to me it gives me all possibilities that I could cash out big time. This now made me to come here to asked how do you control your greed with your bet amount, do you go ahead placing the bet as your minds speaks or do only maintain to your limits whether it plays or not doesn't matter.

Again why do you regret after putting smaller amounts and it happens the games went as planned and starts blaming yourself for not increasing your bet amount, maybe by now you could have cashed out big time. How do you control this thought over your ends do you keep to your regulations of always placing bets with some limits or you place bet according to your mind and regrets after losing that amount for not following your limits?

Lets discuss wisely and if something related to this post please point it out.. Maybe would devote time to study what has been written over there.

Interesting, what you say in this thread certainly also applies to some gamblers out there or in our community. Regarding greed in gambling, for me this depends on the perspective of the gambler himself. why do I say that, I will take an example, when we have got the highest win you have ever won, your win level will automatically change.
just like we work, at the starting point we only get a standard salary. Gradually as our position increases, our needs also increase according to our lifestyle. Is there a correlation with this, of course yep. as I said at the beginning, when you achieve the highest win you achieve in gambling. Whether you realize it or not, your level of play will change, whether it's the amount you bet or the target you have to achieve.

In most cases, it usually is. at this point, one could say that greed has started to get the best of us as gamblers. However, it all comes back to you and how you respond to it. Usually, you will no longer be interested in betting on small bets, that's why you want to place bets in large amounts. things like that are commonplace. That's a sign that you're not gambling for fun but aiming for a big win. However, there is nothing wrong with that and most importantly, you are ready for all the risks.
On the contrary, the second point you said is highly correlated with the first point you said. because you often or have had big hits, then when you win a small amount you regret why you didn't bet a large amount. For me, overall what you say is a common problem that occurs among gamblers.

Well, it's my turn to tell you how I gamble. Firstly, because I like sports, automatically the bets I often make are on sports. at this point, I usually limit my bankroll to my version of gambling. I bet as usual, if I win I can bet on another match, the bet can be doubled. or, according to the situation and my confidence at that time. in some big matches, like big matches, or the world cup, I can bet large amounts. but with the condition, before that I will set aside a little for betting later. So, if I lose, I will not harm other parties or eliminate our basic needs and obligations. for other types of gambling, for example slot games. I only usually use a small bankroll, play just for fun as entertainment regardless of winning or losing. Well, that's more or less the gambling style that I apply as my personal terms and regulations.

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October 06, 2023, 10:25:47 PM
 #138

For much long now I have never place bet with a higher amount but there was a bet i placed few days ago and i was tempted to increase my wager from what it should be before, Let say i often gamble with at least 200 Naira and maximum is 2,000 for a multiple bets But recently something came into me to start increasing my wager above my limits due to a game that was predicts to me it gives me all possibilities that I could cash out big time. This now made me to come here to asked how do you control your greed with your bet amount, do you go ahead placing the bet as your minds speaks or do only maintain to your limits whether it plays or not doesn't matter.
That's actually martingale and you'll not like the result of it because you're going to chase your losses until you win. But as you're seeing yourself going continually with that strategy, it's better to stay with your limits.

If you have a lot of money then means it doesn't matter.

Again why do you regret after putting smaller amounts and it happens the games went as planned and starts blaming yourself for not increasing your bet amount, maybe by now you could have cashed out big time. How do you control this thought over your ends do you keep to your regulations of always placing bets with some limits or you place bet according to your mind and regrets after losing that amount for not following your limits?
With all of those regrets, that's normal but that's only for a few seconds or minutes then you move ahead again to your next bet. Change your mindset about you should have bet bigger every time you win with small amounts.

Change it to like when you lose and then you bet with small amount and start thinking of what if you have lost with huge amount from that bet?

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October 06, 2023, 10:35:34 PM
 #139

The main reason is you want to make money, that's why you feel greedy and want to increase your bet in order to win big amount of money. To get rid from this you must gamble only for fun, this will make you able to control yourself. If you're in a condition lack of financial and want to make more money, you should try to get a side job or learning a new skill first, then you will have nothing to lose to gamble.
Aside from motivation of getting wins or money, greed comes with low emotion quotient, in fact gambling attacks your emotion after you lose. Have you ever experienced that you are talking to yourself whenever you lose a bet? Also, I guess greed is made by your instinct to win, it is always that thinking that you need to bet big to win big. But it is normal in gambling, if you're a gambler you know what its like and how it feels, losing after being greedy is pretty much common for all gamblers, because we think that it's all or nothing.
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October 06, 2023, 11:01:52 PM
 #140

Again why do you regret after putting smaller amounts and it happens the games went as planned and starts blaming yourself for not increasing your bet amount, maybe by now you could have cashed out big time. How do you control this thought over your ends do you keep to your regulations of always placing bets with some limits or you place bet according to your mind and regrets after losing that amount for not following your limits?

We shouldn't be greedy when we're gambling or we'll regret it, we should have a budget for how much we want to spend for gambling daily and have a limit on how much we can wager on each bet. I place my bet without any regrets, I don't mind if I lost or win but I try not to be tempted to increase my bet just because I feel I'm going to win that particular game. It's always when you feel you'll win that the house wins. Be comfortable with what you win when you bet and move to the next game.

I play sport betting more often and my limit is betting $50 for each game I want to stake on, even for games that one side is more favorites to win and I want to bet against the best team or for the best team, my wager would still be $50, doing this helps me to  not get tempted to increase my wager

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