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Author Topic: Greed or risk  (Read 2621 times)
Orpichukwu (OP)
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October 28, 2023, 10:37:55 PM
 #1

I saw this image below on one of my friend's WhatsApp statuses earlier today. I don't know if the game was played by him or if it was an image saved from somewhere, but the image got me thinking, and we got into a debate because of that.
 
I was telling someone that if I'm the one to have such a slip and the game is already showing me to cash out such an amount of money, which is equal to $865 based on our local exchange rate, seeing such an amount as cash out available and leaving it will make me appear like someone who is too greedy, but the guy was telling me it's not being greedy but it's all about taking risks. The debate didn't end well, so I decided to bring this up here to see the responses from experienced gamblers.
 
Lucky for anyone who ever has that bet slip, it seems like the game played in his favour.

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October 28, 2023, 10:42:21 PM
 #2

It varies and we have our own points towards continuing and cashing out. For me, I'll just cash it out and enjoy my win even before the casino takes it back.

But some other will say that they can afford to take more risk and with that amount, they can grow more from what it is right now. That's why if it's just you and me, we know what's best for us and that's to take the profit.

And for the rest of the actual risk takers, they wouldn't mind but to continue and if they lose, they lose no matter what happens and no regret on it.

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Mr.suevie
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October 28, 2023, 10:49:08 PM
 #3

That's the beaty of gambling, you never can tell the outcome until the match is decided. Well the matter of if it's actually greed or risk, depends solely on the particular type of gambler involved because I feel for someone who is financially sound, this bet won't be off any implication to him even if the game ended the opposite direction. Let's take drake the music artists for example, I mean the man splashes the kind of cash on different bets all the time and he doesn't do this cause he is greedy or something, cause  I believe there is something called the winning syndrome that come with gambling and that's what he is actually trying to feel so him and his type of gamblers this would be risk taken not greed but other set of gamblers i think the case would be different.

R


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October 28, 2023, 10:52:50 PM
 #4

The debate didn't end well, so I decided to bring this up here to see the responses from experienced gamblers.

Why consider having a debate with your friend about that? What are you trying to achieve? Simply, if they want to push it until the end for a much higher reward, then let them be. You can't push your own preference to others as in the first place, it's not your money at stake.

You were just able to choose that you want to cash out as you see the amount of money. But if you are the one who actually places that bet, you will feel the real pressure and you won't even be able to decide easily if you will push through or risk, after all you choose that bet thinking you will win it all with that odds.

Now to answer that if it happened in my case,  I can't even tell you what should I do. I really need to watch the game live before deciding.
Ojima-ojo
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October 28, 2023, 11:11:52 PM
 #5

Is none of your business on how the intend to go about their bets and. someone who staked such an amount to cash out $800+ as in a cashier that is not so good enough and also doesn't show any excitement in the whole process because I am sure that the ops have a hard lot of good waiting for his game to fully play out even though his prediction may become wrong and he ends up losing everything.


Although from the screenshot you shared you did not show anywhere that that amount of cash out was available so for that we may argue that the amount in total available cash out may be incorrect because there is no evidence to show that in this regard.

R


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Oilacris
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October 28, 2023, 11:14:57 PM
 #6

Does really vary yet there are really that games which you would really be believing that it would really be ending up on what you had predicted which of course cashing out early wouldnt really be that
ideal on doing so and you would really be liking to get that winning odds that you are set. So if you do see that early cash out then it would really be that depending on you whether you should push through until the end of the game or fight or would cash out early and would really be that satisfied on the money or profits you do make. You would really be neither be cashing out
and it would really be just depending on you whether you are really that contented or not. There are really these times that these situations could really be giving out that kind of doubt
specially if you are seeing those early cash outs pop out.

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October 28, 2023, 11:24:49 PM
 #7

Is none of your business on how the intend to go about their bets and. someone who staked such an amount to cash out $800+ as in a cashier that is not so good enough and also doesn't show any excitement in the whole process because I am sure that the ops have a hard lot of good waiting for his game to fully play out even though his prediction may become wrong and he ends up losing everything.

Although from the screenshot you shared you did not show anywhere that that amount of cash out was available so for that we may argue that the amount in total available cash out may be incorrect because there is no evidence to show that in this regard.

the decision on this kind of bet entirely depends on the bettor himself. we can't blame them if they aim to get the full winnings from this bet. but it is true, if the cashout is available, you can already think twice if you will get it or not. that's already a good amount of money. if you are not very sure with the outcome of your next bet, i guess, it is better to cash out rather than lose it all, right? but such preference is all on you.

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October 28, 2023, 11:27:08 PM
 #8

Does really vary yet there are really that games which you would really be believing that it would really be ending up on what you had predicted which of course cashing out early wouldnt really be that
ideal on doing so and you would really be liking to get that winning odds that you are set. So if you do see that early cash out then it would really be that depending on you whether you should push through until the end of the game or fight or would cash out early and would really be that satisfied with the money or profits you do make. You would really be neither be cashing out
and it would really be just depending on you whether you are really that contented or not. There are really these times that these situations could really be giving out that kind of doubt
especially if you are seeing those early cash outs pop out.
Such confidence comes from the inner conviction that the said team/club is going to win regardless of what comes but what gamblers fail to understand in most cases is the unpredictability and uncertainty of game outcomes and how everything plays out and what is untenable at the end of the playtime,  and in this regard the gambler that bet this game is not a greedy person but just a passive fan of the club he selected,  this is not the first time this will happen and at that, as he was in the draw region all through the first half and even some time in the 2nd half,  he may have indeed made a lot of profits from the bet,  but also since the March was in the draw region for long that also could have affected his decision to take the cash out because the casino also will hold back a lot of the cash-out option in this kind of game condition.
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October 28, 2023, 11:28:30 PM
 #9

This is on a case-to-case basis I would have to cash it out that dollar conversion is enough for a month's salary for a regular worker and for an average bettor it is something to feel sorry if you happen to lose that amount, there will be more rounds to come but not every day you are going to cash out that big amount, the saying strike while the iron is hot sometimes backfires and should not be applied to gambling at all times.
This is where chasing your losses starts when you put everything when you should cash out and you lose, you will be fired out to add money to try to recover your losses.
You ended up losing everything you're winnings, your added bankroll and this is very depressing to think and will blame yourself for not doing the right thing.


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October 28, 2023, 11:38:19 PM
 #10

Gamblers have their own reasons; to be honest, not all of them are crooks like that. What we have seen is wild or greedy, and we will immediately think of them. In fact, his point is valid; if that is really his reason because he is willing to take the risk, then we don't care about that because it is his choice.

And whatever he does, it's not really us who will be affected, but him, so there's no point in debating or arguing with him. This is just my own view and opinion on what we are talking about here.

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October 28, 2023, 11:44:32 PM
 #11

The person who played and placed this bet is a serious and a chronic gambler, who loves taking much risk in terms of gambling. Though don't quote me wrongly because I know there are people who still gambles more than that amount but are subjected to their level of income meaning they gamble what they can afford to loose so if they game goes against them they won't counts but they strongly believe that the game will certainly play since is a single bet. Most times single bets are easily to win to than a multiple bets were you won't be sure of the rest games. But still this game is a very risk game and mind-blowing, imagine this game went against him or anyone of those whose local currency are in Naira what do you think could be their reaction.

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October 28, 2023, 11:46:02 PM
 #12

It is quite fascinating how humans assign names literally to every phenomenon and situation Cheesy. This is not greed buddy neither a risk. If this is really a bet placed, then the user gambled with the money he can afford to lose. It is not stated anywhere that the person made use of his urgent fund or emergency fund on him or took a loan to gamble. If there were, then I would know what to tag it. The assurance of Real Madrid winning the game was clear to him, so he betted. If such a person is not capable of having more than that amount in his account, he won't stake a bet of such amount. If he does place a bet when he don't have the capacity, then it may be considered as greed or risk.

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October 28, 2023, 11:55:36 PM
 #13

Gamblers have their own reasons; to be honest, not all of them are crooks like that. What we have seen is wild or greedy, and we will immediately think of them. In fact, his point is valid; if that is really his reason because he is willing to take the risk, then we don't care about that because it is his choice.

And whatever he does, it's not really us who will be affected, but him, so there's no point in debating or arguing with him. This is just my own view and opinion on what we are talking about here.
It is his money and he have the right to make decision. What he had in his mind isn't known. As a gambler he had placed the bet and waiting for the result. Every form of gambling is risk and greed accompanying it is common. It is upto the gambler and here in my view the gambler could've made a wise decision as he had the opportunity to cashout In profit. He could've cashed out and further placed a bet which is kind of free bet, because his capital isn't lost.
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October 29, 2023, 12:03:04 AM
 #14

I was telling someone that if I'm the one to have such a slip and the game is already showing me to cash out such an amount of money, which is equal to $865 based on our local exchange rate, seeing such an amount as cash out available and leaving it will make me appear like someone who is too greedy, but the guy was telling me it's not being greedy but it's all about taking risks. The debate didn't end well, so I decided to bring this up here to see the responses from experienced gamblers.
You don't have to debate him if he didn't use your money for his bet. I don't know what the problem with him is even if he loses the bet after. so just let it be, If I were you, I just say "good luck", and don't forget to ask to treat you if he wins. So, I have also been invited to a debate from my friend long time ago about my bet. I don't know what his problem, even I didn't use his money, he was very insistent that he was opposite team with me. So, after the game was over and I won, he didn't reprimand anyone, he doesn't want to be friends with me anymore. This is a bad situation I think, we should not interfere in people's affairs.

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October 29, 2023, 01:11:40 AM
 #15

I saw this image below on one of my friend's WhatsApp statuses earlier today. I don't know if the game was played by him or if it was an image saved from somewhere, but the image got me thinking, and we got into a debate because of that.
 
I was telling someone that if I'm the one to have such a slip and the game is already showing me to cash out such an amount of money, which is equal to $865 based on our local exchange rate, seeing such an amount as cash out available and leaving it will make me appear like someone who is too greedy, but the guy was telling me it's not being greedy but it's all about taking risks. The debate didn't end well, so I decided to bring this up here to see the responses from experienced gamblers.
 
Lucky for anyone who ever has that bet slip, it seems like the game played in his favour.
"Appear too greedy"? That's not a thing, why would you give a damn about what others think of your bets? It might be a different thing if you were spending money from others like a madman, but if not, then really it's not anyone's business to care about it unless asked for. The other side didn't even need to entertain you ngl.

Honestly, this only becomes an issue if and only if said gambler has problems with money. Say if the money came from debts, or from family, then admonishing him can be possible regardless of whatever reason you have, anyway it's good for him. If not and he's living rather well and balancing it? Just let him be.

R


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October 29, 2023, 01:59:10 AM
 #16

I saw this image below on one of my friend's WhatsApp statuses earlier today. I don't know if the game was played by him or if it was an image saved from somewhere, but the image got me thinking, and we got into a debate because of that.
 
                                                                       This will never come to a debate mate because we all have our own ways and target
 wins , or ability to risk those are the qualities need to consider before decisioning what is good or bad.so let that slip owner decide for himself.

Quote
I was telling someone that if I'm the one to have such a slip and the game is already showing me to cash out such an amount of money, which is equal to $865 based on our local exchange rate, seeing such an amount as cash out available and leaving it will make me appear like someone who is too greedy, but the guy was telling me it's not being greedy but it's all about taking risks. The debate didn't end well, so I decided to bring this up here to see the responses from experienced gamblers.
 
                                                                       That is if you are the one whos playing , but what if the owner wanted to win thousand
 dollars ? or have you wonder how much have he deposited that day ? how much he have lost and how much is his target recovery?Come
 one man 800 dollars is just a peanut to many gamblers trust me they care not that big losing that.
Quote
Lucky for anyone who ever has that bet slip, it seems like the game played in his favour.

i use to win more than a thousand dollars and cash out only 400 dollars and let lose the remaining lol.

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October 29, 2023, 02:09:55 AM
 #17

since the amount already grow more than a double, it only means he is about to win huge so why cashout instead.  it don't make sense. they only do that when they are not confident anymore but usually when they cashout its almost guaranteed more than half the amount is lost.

if it were me its a win. and let the game end to celebrate victory. the odds is quite not the teams favor actually so he is rooting for the underdog.









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October 29, 2023, 02:12:24 AM
 #18

in that case (but in general if I can cash out or I have One vet with High staking) I would simply cash out without wasting time and risking a sudden change in the game.
obviously it depends on how the bet goes but it is always better to be on the safe side and avoid any risk...

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October 29, 2023, 02:47:46 AM
 #19

If you only see your friend's WhatsApp status and it's not yours, you shouldn't comment or argue with your friend. You also don't know whether he placed that bet or he got the picture from somewhere else and put it as a status on his WhatsApp.

But if you place a bet through your friend and it is your money, you can ask him to close the bet and take the money. Greedy or not greedy or it's all just about taking risks. Only your friend knows because he's the one who posted the WhatsApp status.

You can go to his house to ask for an explanation about the picture but that's not necessary because that is not your business. But if on another day, you place your own bet and you get that amount of money, you have to close your bet and withdraw the money.

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October 29, 2023, 03:03:36 AM
 #20

Keep that word "greedy" if you would judge to yourself only. We never judge a gambler for what they're doing because they have their own intentions. They might be betting only what they can afford to lose, if you catch my drift. Maybe you find the amount significant, but from the gambler's perspective (the one with the bet slip), it's seen as an opportunity to win big if they don't cash out the bet.

The phrase "bet what you can afford to lose" applies to everyone, but it varies for each individual user as we all have different financial statuses and risk tolerances.

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