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Author Topic: How do you manage greed to place your bet  (Read 959 times)
Fatunad
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October 04, 2023, 09:54:26 PM
Last edit: October 04, 2023, 10:29:54 PM by Fatunad
Merited by carlfebz2 (1)
 #81

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.
You would be only making that realization on the time that you had made out such mistake or errors. People would really be changing up on the time that they do have those lesson learned scenarios.  Cool
How to manage greed? It would depend on someones self control and  each person does have that different threshold or level of tolerance when it comes to risks factor on which some would really be
that mindful and some wont really be caring at all as long they could play and satisfy themselves then this what matter the most.

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.

It should be for fun but we know that majority of us gamblers do see the different thing around on which we are really that focusing much in speaking on making money and this is why it would really be that resulting
into those actions which its not new anymore. For those people who do have good control then they are the ones who would really be saved from addiction but for those people who do treat up gambling as a source of income and making themselves that hella of a greedy person then this is where disaster happens. Dont let yourself comes into a point that you would really be suffering those consequences.

R


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October 04, 2023, 09:55:01 PM
 #82

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.
You are right in there. If you want to bet bigger, then make sure to increase your budget as well and that will only be possible if you refrain yourself from consistent losing.  Although some successful gamblers have really take some risk to bet high amount for the sake of bigger returns, but not all those who who bet high will end up into making big profits as well. Unfortunately, some end up using all their bankroll amount instead of expecting bigger returns.

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October 04, 2023, 09:59:31 PM
 #83

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.
You are right in there. If you want to bet bigger, then make sure to increase your budget as well and that will only be possible if you refrain yourself from consistent losing.  Although some successful gamblers have really take some risk to bet high amount for the sake of bigger returns, but not all those who who bet high will end up into making big profits as well. Unfortunately, some end up using all their bankroll amount instead of expecting bigger returns.
When greed kicks in and if you do know that you do have that sufficient balance then most likely you would really be ending up on doing such action on which you would really be that making your base bet bigger and tending to break even that losses that you have committed earlier. You would be thinking that this would be the only way on trying out to recover those losses. This is something that people would really be needing to look upon or really be that careful because this is where bad decision do really make out those significant results or outcomes on which it would really be that resulting
into a possible addiction and this is something that we must really be that trying to avoid.

Greed is really that something which is really hard to resist specially if you are person who do really fails on having that control towards mindset and emotion on which it will really be bringing up that
real disaster towards your finances or in overall. It is normal that we do feel up that greedy because its part of human nature on being greedy but be mindful on how you should really be
that making in control with these things if you dont really like to mess up.

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October 04, 2023, 10:12:18 PM
 #84

This is actually the problem of the century for every human being and during my stay here in this forum I have heard of people saying that greed doesn't really affect them which I deem it fit to be a big whole lie because greed gets to every gambler if not always then it must have gotten to you maybe once or twice but the community seems to have alot of people trying to pretend and I understand the reason why because it's a public community and writing some kind of things get read in different ways.

R


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AmoreJaz
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October 04, 2023, 10:17:54 PM
 #85

This is actually the problem of the century for every human being and during my stay here in this forum I have heard of people saying that greed doesn't really affect them which I deem it fit to be a big whole lie because greed gets to every gambler if not always then it must have gotten to you maybe once or twice but the community seems to have alot of people trying to pretend and I understand the reason why because it's a public community and writing some kind of things get read in different ways.

let's admit the fact that greed will always be a part of human behaviour. that's our nature. now, it is up to you how you will contain such greediness with your activities.
to manage this, you need to know why you are playing bet in the first place. what are your goals on this particular bet? if you bet small and win, then, just be happy that you won. don't be too hard on yourself. this is gambling after all.

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October 05, 2023, 01:34:52 AM
 #86

This is actually the problem of the century for every human being and during my stay here in this forum I have heard of people saying that greed doesn't really affect them which I deem it fit to be a big whole lie because greed gets to every gambler if not always then it must have gotten to you maybe once or twice but the community seems to have alot of people trying to pretend and I understand the reason why because it's a public community and writing some kind of things get read in different ways.

I don't deny that I'm a victim of greediness and I still fall for it, we are just human but we are learning I tried to minimize my greediness and my experiences and losses taught me to be greedy in a positive way, like do not take a loan even if you are so sure of your bet just use all the money that you have if you're 100% sure but never take a loan out of greediness to win.
Greediness will always be part of us gamblers but we are learning and becoming experienced gamblers because of past greediness I have learned to accept the results more without regretting and putting it in my head, we learned to move forward from this experience.

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October 05, 2023, 02:04:15 AM
 #87

Emotions are hard to control including fear and greed neither gambling nor trading we need to control the emotion. I know the feel of greed when every possibility says you need to go all in but if you dont have money or you dont want to risk all of it just dont do it, even tho at the end of the day you are winning. there is still small chance that you gonna lose

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October 05, 2023, 02:20:27 AM
 #88

This is actually the problem of the century for every human being and during my stay here in this forum I have heard of people saying that greed doesn't really affect them which I deem it fit to be a big whole lie because greed gets to every gambler if not always then it must have gotten to you maybe once or twice but the community seems to have alot of people trying to pretend and I understand the reason why because it's a public community and writing some kind of things get read in different ways.
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October 05, 2023, 02:24:55 AM
 #89

actually that only means onething , that you have just come tobe a greedy gambler now as you can check your recent behavior that has limit in betting ,meaning those days you are a controllable and a still good gambler.
but recently you turn to be more greedy and addicted that you wanted to keep seeking for multiple wins.
or multiple amount to be collected and with all those sorry to say but you need to come back in your old ways or become a loser forever.
gambling will always depend on your capacity to lose and your limitation to expect how much to take home.
on those occasion you can save your self from being either a loser or a failure.
try to begin learning yourself again and learn your gambling purpose.









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October 05, 2023, 03:09:45 AM
 #90

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?
Greed is actually difficult for us to get rid of because it is a natural trait that every individual has when faced with money or profit. But there are always many ways to minimize our greed.
When I was young and didn't have a family, I admit that I couldn't control my greed, especially when I gambled. But as time went by, my greed subsided due to encouragement and being made aware by my partner, and because I was aware of the many necessities of life that I had to bear which also encouraged me to limit my greed when I gambled.
Everyone definitely has different ways to avoid regret and the negative impacts of gambling. For me, to avoid big regrets when gambling, first we must have a clear goal for what we are gambling for. I myself have changed my views and goals about gambling, from the beginning I gambled to hope for additional income, then I changed my view that gambling is just for fun, happy and vent my gambling hobby not to earn income.
Make sure that when we gamble, we never assume that by gambling we can increase our income to meet our living needs and bills!. Then we have to set limits on the money we use for gambling. So winning or losing the money that we have limited will not be too burdensome for us.
In essence, in my opinion maturity of thought and life experience is an effective way to make ourselves aware so that we don't always become greedy in gambling.









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October 05, 2023, 04:01:26 AM
 #91

This is actually the problem of the century for every human being and during my stay here in this forum I have heard of people saying that greed doesn't really affect them which I deem it fit to be a big whole lie because greed gets to every gambler if not always then it must have gotten to you maybe once or twice but the community seems to have alot of people trying to pretend and I understand the reason why because it's a public community and writing some kind of things get read in different ways.

Yep, greed has always been in every person's character but there are certain level to that and each individual possess a different level of greediness. If there are other people who can't control such characteristic, there are also those who can control it, that's the very reason why some people may say greediness doesn't affect them.
Your sense of responsibility and self awareness to such character will be the key in over coming it. Once or twice you've been greedy, but that doesn't mean you lost a total control over it because you've learned a valuable reason from it especially when it gave you an unfortunate outcome like huge losses or worst empty your bank account in just one casino night.
So, yeah I believe some people doesn't easily give in to their greediness and so they can say it doesn't affect them.

R


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October 05, 2023, 05:53:09 AM
 #92

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.



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October 05, 2023, 06:12:28 AM
 #93

This is actually the problem of the century for every human being and during my stay here in this forum I have heard of people saying that greed doesn't really affect them which I deem it fit to be a big whole lie because greed gets to every gambler if not always then it must have gotten to you maybe once or twice but the community seems to have alot of people trying to pretend and I understand the reason why because it's a public community and writing some kind of things get read in different ways.
Greed will influence us to keep trying to chase bigger wins, which has happened to many gamblers. But those who have this problem don't realize it or they realize it but still try to pursue a win. But they also failed to get bigger wins because they received many losses.

And when they managed to get it, they didn't immediately stop thinking they had already won a big win. They instead try to get even bigger. That is not a wise thing because from there, defeat after loss will come to them.

In the end, they will return to their original state, which is losing more money because the winnings they got previously are also lost. However, we must be able to prevent this greed by stopping gambling and saving the remaining money we have. And if we have won and immediately stopped, we can enjoy the winning money.

.
SPIN

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October 05, 2023, 06:25:26 AM
 #94

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?
winning is luck, losing is a small thing that must be accepted when gambling, that what I think.

in this concept it all depends on the budget that I have and I will tell you about sports betting. if one day I have a slightly large budget and believe that the match I choose will win maybe I will bet a slightly large amount but if I am not sure maybe only bet part of it and if I am in doubt after betting a large amount and losing that is the right thing Its natural because of course when you bet with a small amount you are always successful or always win and sometimes we think about regret or happiness. but its all still about luck and betting using money you can afford to lose and according to plan, even if you lose all your budget, we not regret it.

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October 05, 2023, 06:46:38 AM
 #95

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.
I do not regret whatever the result of my either small or large bet is. Gambling involves risk and there are times when I am feeling lucky. At these times, my hunger for risk taking is high. It is during this times that I slightly increase the percentage of my gambling budget from 5% to 10% and rarely 15%. I do all of these not under peer pressure but base on my risk management. Maybe what gamblers call greed is what I call a thrilling seeking adventure where we never know the outcome but we love the experience in itself.

.
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bitterguy28
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October 05, 2023, 07:04:30 AM
 #96

But recently something came into me to start increasing my wager above my limits due to a game that was predicts to me

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.
First who predicted for you? because you have told us that something came up due to game that predict for you..
so we can discuss everything that you wanted to understand .

-----------------------------------------------------

I sometimes do this act mate but not because of someone predicted the game for me but instead when time comes that I have this instinct that I am gonna win that round.

but trust no one from gambling , because it is your money and for you

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October 05, 2023, 07:18:13 AM
 #97


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.

I think greed is a trait shared by all gamblers. I'm sure all gamblers have had such experiences and we should learn from them. Often when we place a bet with a small amount it turns out it goes according to plan and when we increase the bet it turns out we lose and all that is left is regret.

Sometimes I make targets, how many winning targets I want to achieve. If the target has been met I will withdraw all or part of the money. Then I will play the remaining money that I have withdrawn so that when loses comes I don't lose my capital

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October 05, 2023, 08:04:22 AM
 #98

I'm not a professional in this subject, but I think greed appears in all different places and don't think you can manage it. Different lessons of failure will make us sober up about that greed
I remember a few days ago having an experience on a few gambling platforms and after a period of only losses, it no longer brought joy happy but turned into a sad state. So I think everyone needs to experience it for themselves to know its authenticity.

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October 05, 2023, 08:21:43 AM
 #99

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?

You feel this way because you are betting not a comfort bet amount(too small or too big). You should determine to yourself what is the bet amount which you can accept when lose and win. Gambling will always feel you not enough when winning and losing so it’s important to resolve first your comfort zone to become satisfied on the result no matter what is the outcome.

I’m not always gambling but I always have fixed bet amount on difficulty types of game. It’s very hard to control your emotion during the game so it’s important to settle all your max and min before you play so that you can still think straight. The only time I feel confusion on my bet amount is when I’m betting on live games which I’m not prepared.

I can bear the risk of 200 Naira to 2000 Naira of our native currency and that is the limits i can go so far, you know there are some games that are too tempting whereby you may wants to increase your wager for a higher profits.
I know its very hard to control this feeling as human are always engulfed with greed you may wants to place a bet with 500 Naira but since your mind keeps telling you that you could win the game and why not increase the wager for max profits.


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October 05, 2023, 08:41:20 AM
 #100

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.
I think greed is a trait shared by all gamblers. I'm sure all gamblers have had such experiences and we should learn from them. Often when we place a bet with a small amount it turns out it goes according to plan and when we increase the bet it turns out we lose and all that is left is regret.

Sometimes I make targets, how many winning targets I want to achieve. If the target has been met I will withdraw all or part of the money. Then I will play the remaining money that I have withdrawn so that when loses comes I don't lose my capital
Yes, gamblers have experienced experiences like that, but many gamblers still have not learned from their experiences and are still trapped in that greed. They forget what they have experienced so they have to lose a lot of money because their greed encourages them to continue gambling.

I have also had experiences where after playing several rounds but not winning, I increased the bet in the hope that I could win. But that also didn't help me to win but instead, I got bigger losses. But if you set a winning target that you have to achieve, it often makes it difficult for you to achieve it because you might experience defeat before you can win, which often frustrates you.

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..PLAY NOW..
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