How do you manage greed to place your bet

[Cryptmuster]

Gamblers bet more money because they want the return to be even bigger. They forget that the risk associated with the bet is  also high so in case of a loss they can lose all their money which they put in that single large bet.

The only way to refrain ourself from making this greedy decision of playing with big bets, we can only do is to force ourself to follow the money management plan. Money management plans should be established before we start to gamble and if you follow that strictly then no way we can lose money quickly in gambling.

Everything will depend on the gaming budget. The bottom line is that you must control risk management, and only bet on a certain percentage of your gaming budget, let's say for example, it will be 1% of your gaming budget per bet. Accordingly, if you want to bet a larger amount, then you need to increase your gaming budget. This way, you won’t lose your entire deposit over several bets and will be able to analyze from a distance how successful your bets are. If you lose more than you win, then it may not be worth doing.

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[Strongkored]

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.

That's not what is often the struggle of gamblers, struggling to stick to betting limits and rules that have been made by themselves, fighting not to regret when they win but unfortunately the amount of the bet is very small and vice versa not regretting when they lose even though the amount at stake is big because had to increase the amount, gamblers often find it difficult to get away from these things, but thinking about them all the time will not make a difference, it is better to accept wins and losses and play sensibly, increasing the bet if you feel you can afford to lose.

[sompitonov]

Gamblers bet more money because they want the return to be even bigger. They forget that the risk associated with the bet is  also high so in case of a loss they can lose all their money which they put in that single large bet.

The only way to refrain ourself from making this greedy decision of playing with big bets, we can only do is to force ourself to follow the money management plan. Money management plans should be established before we start to gamble and if you follow that strictly then no way we can lose money quickly in gambling.

Everything will depend on the gaming budget. The bottom line is that you must control risk management, and only bet on a certain percentage of your gaming budget, let's say for example, it will be 1% of your gaming budget per bet. Accordingly, if you want to bet a larger amount, then you need to increase your gaming budget. This way, you won’t lose your entire deposit over several bets and will be able to analyze from a distance how successful your bets are. If you lose more than you win, then it may not be worth doing.

If we take poker in particular, then there is such a thing as a bankroll, this is all our available money for the game that we can afford to lose. But in order to move up the limits, if you play well enough and are able to earn money, then we will need the following bankrolls (if we play cash no limit hold'em).



Of course, this rule is difficult to follow, even I failed. Because I get frustrated when I have to go back to a lower limit if my bankroll gets lower than what this table requires. To summarize, I can say that only discipline and nothing else will help us in managing our greed. I didn't follow discipline, so I was doomed to fail.

[Nrcewker]

In gambling, greed is the main enemy to be honest. If a person can control greed, then definitely he can make good amount of profits. You should always set a fixed amount  for gambling. If you exceed that amount, then you should stop gambling. Gambling can be dangerous when you bet all your savings in greed to get more profits. So setting daily targets or a fix budget can surely help you to gamble in limit.

[dezoel]

It's all about self-control and discipline, you can't eradicate the thought that you should increase the bet so that you can get bigger wins or regret not doing it when you have gotten a big win but the bet size was small, as a gambler, you will always have such thoughts and feelings and these are the thoughts that will basically make you lose more money in the long run. So, someone should have enough self-control so that they can avoid such thoughts and only gamble with moderate and in-limit bets.

Hardly ever, you might be able to actually get a big win when you increase your bet size because you might be lucky on that particular day, but most of the time, you will see your bankroll getting drained after a short while after you have increased the bet size and soon you realize that you are out of money.

[madnessteat]

^

Many people use the strategy of increasing the bet after several unsuccessful rounds. This is a kind of using part of the Martingale strategy. But few people realize that even if the thirteenth consecutive going bet will be unsuccessful, the probability that the fourteenth bet will be unsuccessful is 1/2 (as if it was the first bet of the game session or the only bet). This strategy does not work, but only misleads the gambler, as a result, raising the rate gambler just takes on greater risks, because his bankroll is limited.

[RockBell]

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.

That's human nature we are never satisfied and as far has its gambling you just have to control your taste for more because when your are about to place a bet you will want to reconsider adding more money to the initial deposit and since the potential  win will also increase i know that kind of feeling, and the temptation is high but you just have to rethink that what if i don't win my money is gone so is better you just reject it. and i know the thing will come upon you like a spirit and you will have no choice you to want to increase your budget for gambling. is not easy to control your mindset but you just have to give it reason to reduce your greed. is better to have little win than use big money and you end up losing which one is more painful. little things should also be appreciated, if not you will end up making some silly decisions.
greed should be controlled properly.

[Gozie51]

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.

This kind of feeling in gambling is normal. Maybe you have played successfully for sometime and you feel you could take up more risk. We all feel that way and it is okay to feel that way. On the other hand too you might be having lesser wins and you want to try a bigger luck by increasing your risk appetite. Whichever way it is, you are not alone on it but you have to know that you are over stepping into your budget incase you lose you might start feeling bad.

So what you need to do is to increase your budget to also take care of the new risk your are undertaking because while you had your initial budget, you already had your mind on either losing it or increasing it, so likewise now that you have increase your staking power you also should increase your budget for it. It is alright to take a bigger risk because of the expected profit but you need the emotion to handle the loses also.

[Jody.Drummer]

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.

This kind of feeling in gambling is normal. Maybe you have played successfully for sometime and you feel you could take up more risk. We all feel that way and it is okay to feel that way. On the other hand too you might be having lesser wins and you want to try a bigger luck by increasing your risk appetite. Whichever way it is, you are not alone on it but you have to know that you are over stepping into your budget incase you lose you might start feeling bad.

So what you need to do is to increase your budget to also take care of the new risk your are undertaking because while you had your initial budget, you already had your mind on either losing it or increasing it, so likewise now that you have increase your staking power you also should increase your budget for it. It is alright to take a bigger risk because of the expected profit but you need the emotion to handle the loses also.

It's a great way to make sure that you're getting the most out of your money and that you're getting the most out of your money. The feeling will really appear when they have got more than one win and they feel that they are very lucky today so it will definitely cross their mind to increase the amount of the bet because obviously if the bet is bigger then the winnings will also be bigger. It's perfectly normal for you to feel that way, it's up to you but honestly I wouldn't advise you to do that at all because is there any guarantee that you can trust that the win will happen again when you bring in a big bet? It doesn't always work that way. So I think it's better for you to keep gambling with your own abilities and plans, although yes I understand greed always comes to you but you have to remember that usually greed always ends in a downfall, it's not good and can make you regret it.

I really don't recommend it but if you have agreed with yourself that whatever happens you will accept it, go ahead if you have good responsibility. Honestly I'm not sure if in the end they lose they can accept it, it's kind of unconvincing. So I would rather emphasize not doing it than end up regretting it.

[Huppercase]

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.

Well, what you mean by huge amount is subjective, amount that is so big to you might look lovely little to some people, because even that your amounts, if converted to dollar, that's equivalent to $20, it will not do much in some people eyes though, if you wager that amount correctly, you will make good outcome but how lucky will you get when you wager that amount, you might not get much.

Gambling has greed, it takes courage not to fall for it, and the first thing you make sure to do is never deposit more than what you want to bet, your threshold should be concise for that particular game, so that when you lost a bets, it will be easy to conserve the remaining change for the next day but when by the time you want to make back the money, you will lose all in the process. In addition, make sure you don't over gambling trying to chase the bag, you will only end up chasing empty bag.

[Dimitri94]

I always gamble with money that I have prepared beforehand, so that means whether I win or lose I will not exceed the money that I have prepared beforehand. Indeed, for most people, this method has no sensation, because sometimes the sensation of gambling is when you put money into a game without calculating and hope to win from it. But this method is very good for those who don't want to spend too much money and can estimate how their gambling activity will be, whether it is profitable or not.
And indeed at first when you try this method you will be tempted to gamble more, but if you are persistent and continue to restrain yourself I think you will be able to.

When I was new in gambling platform I had this idea where I would try to recover money after losing a few bets. After that i become more panic I would ignore any bet if the return was low. In some bets I would increase the bet amount to get more returns. In that situation my betting amount was higher. One should not be interested in getting anything fast from gambling. As much as possible there should be a steady pace. If we can't set limits, especially when it comes to betting, our chances of losing money will increase. So we all should keep a good eye on the budget.

[CarnagexD]

In gambling, greed is the main enemy to be honest. If a person can control greed, then definitely he can make good amount of profits. You should always set a fixed amount  for gambling. If you exceed that amount, then you should stop gambling. Gambling can be dangerous when you bet all your savings in greed to get more profits. So setting daily targets or a fix budget can surely help you to gamble in limit.

Yep. Controlling greed in gambling is all about keeping a clear head and setting realistic expectations. It has to be, right? It's easy to get carried away by the potential winnings, but reminding yourself that there are no guarantees in gambling helps. Start with a budget bet that you can afford to lose, and stick to it and do not chase losses or bet more than you can handle.

[maydna]

In gambling, greed is the main enemy to be honest. If a person can control greed, then definitely he can make good amount of profits. You should always set a fixed amount  for gambling. If you exceed that amount, then you should stop gambling. Gambling can be dangerous when you bet all your savings in greed to get more profits. So setting daily targets or a fix budget can surely help you to gamble in limit.

Yep. Controlling greed in gambling is all about keeping a clear head and setting realistic expectations. It has to be, right? It's easy to get carried away by the potential winnings, but reminding yourself that there are no guarantees in gambling helps. Start with a budget bet that you can afford to lose, and stick to it and do not chase losses or bet more than you can handle.

This means that we must always be aware that greed can come at any time, and we must be able to prevent it so that it doesn't make us lose self-control while gambling. Excessive gambling is very difficult for us, but good self-control can help us gamble calmly and not be trapped by greed. There may be times when we become greedy. Still, if we can continue to learn to control ourselves so that greed doesn't become too big, we can prevent ourselves from continuing to play in pursuit of victory. We know that gambling is not a place to make money, so we will not be too hard on ourselves in gambling and can stop on time.

[stadus]

The way to manage greed is to stop it. When you are still feeling greedy, simply avoid gambling.

You see, when you are a greedy gambler, it makes your gambling activity too risky, as you are most likely to end up losing due to a lack of satisfaction.

There are two scenarios that often happen to a greedy gambler:

When the gambler is losing money, they will chase their losses, as they do not want to stop at a loss.
Most likely, this will end up with losing everything.

When the gambler is winning, they will still continue to gamble because they are not satisfied with their winnings yet.
Since luck is not forever, most likely, a gambler will end up losing everything.

Spot on. When greeds kicks in, there are very few scenarios where one will end up having a happy ending.
While we all can agree that the pursue of some money is a relatively important part of what drives people to bet, if anyone turns money the main reason of their betting activities, they will likely shift from total losses to wins.

The important difference between wins and losses is that after a big loss there can no be big win (since there is no leftover liquidity), after a big win there is always a chance for a big loss, though.

That's why you cannot be greedy if you want to be a successful gambler. Some of us dream of making a living in gambling, although most do not believe it's possible. But I tell you, it's possible because there are people who are making a living from gambling. It's so inspiring for gamblers who believe in their skills and how to utilize them to be profitable as well. Greed is usually felt by those who don't have a game plan, those who only see the positive outcome, and those who underestimate the risk of losing because they believe they can exploit gambling.

While there are times when we get lucky, we shouldn't be carried away with the flow and directly conclude that winning in gambling is too easy. This kind of thinking will easily lead us to our doom.

[Hispo]

The way to manage greed is to stop it. When you are still feeling greedy, simply avoid gambling.

You see, when you are a greedy gambler, it makes your gambling activity too risky, as you are most likely to end up losing due to a lack of satisfaction.

There are two scenarios that often happen to a greedy gambler:

When the gambler is losing money, they will chase their losses, as they do not want to stop at a loss.
Most likely, this will end up with losing everything.

When the gambler is winning, they will still continue to gamble because they are not satisfied with their winnings yet.
Since luck is not forever, most likely, a gambler will end up losing everything.

Spot on. When greeds kicks in, there are very few scenarios where one will end up having a happy ending.
While we all can agree that the pursue of some money is a relatively important part of what drives people to bet, if anyone turns money the main reason of their betting activities, they will likely shift from total losses to wins.

The important difference between wins and losses is that after a big loss there can no be big win (since there is no leftover liquidity), after a big win there is always a chance for a big loss, though.

That's why you cannot be greedy if you want to be a successful gambler. Some of us dream of making a living in gambling, although most do not believe it's possible. But I tell you, it's possible because there are people who are making a living from gambling. It's so inspiring for gamblers who believe in their skills and how to utilize them to be profitable as well. Greed is usually felt by those who don't have a game plan, those who only see the positive outcome, and those who underestimate the risk of losing because they believe they can exploit gambling.

While there are times when we get lucky, we shouldn't be carried away with the flow and directly conclude that winning in gambling is too easy. This kind of thinking will easily lead us to our doom.

By the way, aren't most of those so called "successful gamblers" people who managed to hit some jackpot by pure chance and decided to retire and start their own businesses? Because if we talk about games like dices or slot machines, that is the only way which comes to mind about making it big time at gambling.

Though, if we talk about betting, it is a different story.
I may have a personal definition of successful gambler which unlike other's.

I have never met anyone who made living through gambling, (not including poker or sport betting)

[Nwada001]

The only time that I can make it very possible and necessary to increase my betting limit is if my earnings have increased. I don't gamble much, but still, I have a minimum amount of money that I budget to be used every particular week of the month. It's better if I don't even gamble at all with it than for me to gamble above that amount. Such self-discipline has helped me save myself from wasting a lot of money all in the name of gambling.
 
For you to think about increasing your gambling limit, it might be as a result of you winning your last game, which you wager with a small amount of money, and looking at your predicted game, you are confident enough that you are going to win that game, which is among the things that's making you think about increasing the amount you want to put into that game.
 
If I want to deal with such, I use the what if this game happens to not play what will be left of me for the rest of the week. If I'm to be in the position, it's either I use the money that I have planned to use for the rest of the week and gamble in that one game or I will still use my initial gambling amount. It's very important that we don't allow greed to overshadow our self-discipline.

[karabiber]

It is very difficult for a gambler to overcome his greed. There is a similar situation. If you put a fish in front of a hungry cat, within seconds the cat will eat the fish. But if you put fish in front of a full cat, it will not eat the fish. Gambling is just like that. We are all hungry for wealth and we want to quench that hunger quickly by gambling. But very rich and wealthy people are not greedy when they gamble.

So the only advice i can give is to gamble when you have enough savings and when you don't feel sad when you lose. This is the only way to suppress greed. If you cannot do this, you can overcome it with psychological support for greed in general. Greed can hold you back in every situation except gambling.

[Juse14]

Just enjoy the gambling games you play and the winnings you get regardless of the amount, don't let a small win you miss and a big win you can't achieve which in the end you will only find a loss every time you play gambling

Being able to get back the capital in a gamble that I do is enough to make me grateful. Big wins are not my main goal in gambling although everyone wants that. I can laugh out loud when I do gambling with friends and can relieve stress in the gambling that I do that is my goal in gambling not pursuing profit and hoping that by doing gambling can change my life financially.

I agree with you, greed sometimes arises when we are out of control so we try to chase bigger profits even though this is not very good. Sometimes today's profits have been set for us according to the portion we can get if we continue to chase luck which might happen. make today's luck disappear.

Yeah. The bookies have decided everything, especially in the world of gambling which completely relies on luck, such as slots, and currently slot games are quite popular in my area and many people are chasing profits but in the end they result in losses, but even though they often lose, they will but this cannot make them aware of the negative impacts of reckless gambling. Maybe because they are too addicted to slot gambling games.

I once had an experience where when I played a slot machine and I got a jackpot, of course I was very happy because the jackpot I won was quite big and coincidentally my financial condition at that time was unstable and with that luck I was able to use the money to meet my needs, but what the name greedy sometimes appears suddenly in us, I should have known that it was my luck that day and maybe that was the portion that had been created for me but stupidly instead of stopping and withdrawing the money I continued the game because I thought that my profits would increase a lot but it turns out that on the contrary the luck that was mine just vanished because I didn't pay attention round after round and I only realized it when my balance ran out I really regret that and now when I gamble when I get a profit I will stop playing because if will not have the same fate as what I experienced before. [/left]

However, in my opinion, even if you have behaved carelessly in gambling, there is something bigger that you will gain, namely self-awareness of bad behavior in gambling so that you can immediately overcome it and have full control over the gambling that you do. And this is an extraordinary thing, because not everyone is able to do this.

[mirakal]

In gambling where most of us see it as a source of profits more than fun and entertainment, greed will always be present. As long as there is motivation to earn, there is also amount of greed that we can't deny. But we all know how greed can be destructive at some point. That's the reason why instead of tolerating our greed, it's safer if we can only gamble at an amount that we can easily manage to lose. By establishing our budget funds that are intended in gambling, that will help us not to fall into greed and just bet without crossing our limits.

[Lida93]

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.

As a gambler when your wager amount is in accordance to your financial strength you can always feel relaxed not bother about the outcome of your bet be it a loss, no prediction is hundred percent accurate that's why we don't have to bet above our limit no matter the source of the prediction.

It's ain't that easy to control our greed in increasing our betting amount above our set limit when we imagine the possibility of a potential win amount being increasingly high if we can just increase our bet beyond our limit. But until as a gambler you learn to appreciate every amount won as important you won't be able to control your greed.

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?

Like I said above if a gambler can only learn to appreciate each winning amount he's lucky to have won there will be no room for the regrets and blames of not increasing your wager amount. Same way you could have cashed out big amount is how you could have also loss it too if you used a big amount to bet and loss the game. So why the regrets on outcomes beyond your control.