Greed or risk

[Silberman]

Nothing more because the greed that every gambler brings is the starting point for bigger profits for the casino. Therefore, of course, if more gamblers are greedy, the casino will smile at the sight of a loser who wants to make money by just betting his fate. I think there is a lot of evidence or cases that have occurred that they will experience major financial problems if they gamble with the aim of making money, while the casino system is not designed to  feed them for free because it is clear that the purpose of the casino making this business is for profit, I think from this alone it is clear that the house will always win.

For those that may not be convinced, creating a simulation that show us our potential results when we gamble is something that now can be easily done in any spreadsheet software, and if someone does it then they will soon realize how empty and impossible are their dreams of making money when gambling, however most people do not go through this exercise and believe it is actually possible to accomplish this goal, and many of them will pay dearly for that mistake.

[JoyMarsha]

Lucky for anyone who ever has that bet slip, it seems like the game played in his favour.

OP, based on what I can deduct from the image you shared(not the cash-out, as that isn't relevant to the image), the gambler took a chance by placing big bets in a single game that he was overly confident he would win. Not by picking so many games in the hopes that his predictions would come true. That's the mistake that a lot of gamblers make. They pick a lot of games and then place small amounts on them in the hopes that all of their picks will be correctly predicted and they will either win large sums of money or have large sums of money that they can choose to withdraw as cash out or not.

Inasmuch to this, the best strategy for gambling is to take a high risk of betting with huge money by choosing a few number of games that you are certain to win rather than playing a large number of games for little money.

[Josefjix]

Lucky for anyone who ever has that bet slip, it seems like the game played in his favour.

The game ended 2-1 in favour of Real Madrid. A swift win and correct odds, just witness 2x leverage of an initial capital deposited. Yeah, the game enter and the winner went home with straight 2.7 million in any currency he staked. Betting against Barcelona at Camp Nou was kind of a risk which many gamblers was not willing to stake because they were frighten but they forget to understand that the system is filled risks and risking everything you have for a game you're confident about means you're solely in for whatever outcome that comes our.

[goinmerry]

The game ended 2-1 in favour of Real Madrid. A swift win and correct odds, just witness 2x leverage of an initial capital deposited. Yeah, the game enter and the winner went home with straight 2.7 million in any currency he staked. Betting against Barcelona at Camp Nou was kind of a risk which many gamblers was not willing to stake because they were frighten but they forget to understand that the system is filled risks and risking everything you have for a game you're confident about means you're solely in for whatever outcome that comes our.

It's not that bettors are frightened to bet against Barcelona but they tend to side with what would be the closest thing that can happen.

Your own analysis and view later about what happened on that bet slip was created because you already know the result.

What if the other way around happened?

That kind of risk is something you can't expect to always happen even how confident we are taking that risk. Still, I will side and rely on the most probable to happen with the help of my own strategy instead of always taking huge odds just because I'm confident to take the risks.

[peter0425]

 
Lucky for anyone who ever has that bet slip, it seems like the game played in his favour.

This is a tough decision if you are already in Lucky day , how could we deny the fact that we can double or even higher that amount ?
sometimes Luck is the one who must be blame , it can be cruel sometime but can be friendly .
we are just easily said thing when we are not the one involved but once it is ours on that shoe , trust me things in decisioning will change specially when we are in the winning streak  so lets do it when we are the one involve but be supportive for others who aer passing the game.

[junder]

Nothing more because the greed that every gambler brings is the starting point for bigger profits for the casino. Therefore, of course, if more gamblers are greedy, the casino will smile at the sight of a loser who wants to make money by just betting on his fate. I think there is a lot of evidence or cases that have occurred that they will experience major financial problems if they gamble to make money, while the casino system is not designed to feed them for free because it is clear that the purpose of the casino making this business is for profit, I think from this alone it is clear that the house will always win.

Yeah, more greed equals more losses and if the gambler is not careful enough he will run out of funds to continue playing on other days,  a lot of times we have experienced this in the course of playing and this has taught us a big lesson on how it bad to allow our greed to have high control over our decisions,  much more also we have to make a standing between when to quit or when to take a break regardless what direction we may be heading with the outcome of the bets.

Of course it is like that, and they have unknowingly lost a lot of money. everything will go wrong if greed has taken over us, by ignoring other things because focusing only on gambling makes emotions when playing and not thinking about the big risks that will be obtained, and at the end which can be sure that you will only get defeat, it makes you upset because of the greed that has made everything go wrong.

Because of what you said, greed makes it difficult for us to stop and when is the time to stop, even just to think about it may not be because it is focused on gambling which makes emotions even higher as a result not thinking about anything else except gambling. It is difficult to find a level of self-awareness because greed and emotions that have mastered so the loss of self-control that makes us go further into gambling.

[arimamib]

Risk acceptance in gambling is key to your second argument. Gamblers take and avoid risks. The irony is that they willingly enter an uncertain world but refuse to accept loss. Balancing excitement with possible results is crucial. Making informed decisions, knowing when to stop, and seeing gambling as enjoyment rather than a definite way to win can change the experience. Gambling is about self-awareness and appropriate enjoyment, not just the wager.

Gamblers, by their nature, engage in risk-taking behavior. They enter a world of uncertainty, hoping to reap the rewards of a gainful gamble. the irony lies in their reluctance of accepting loss, which is an inherent part of gambling. The key to a more balanced and enjoyable gambling experience lies in striking a harmonious balance between the excitement of the game and the potential outcomes. This entails making informed decisions, setting clear limits, and approaching gambling not as a guaranteed path to riches but rather as a source of entertainment.

Gambling should be about self-awareness and deriving pleasure from the experience, not solely about the financial gains. By acknowledging the inherent risks involved, exercising self-control, and viewing gambling as a form of leisure rather than a means to an end, people can transform their gambling experience into a more enriching and fulfilling one. it's about finding that sweet spot where the thrill of the game coexists with a healthy acceptance of the possible outcomes.

[Weawant]

The game ended 2-1 in favour of Real Madrid. A swift win and correct odds, just witness 2x leverage of an initial capital deposited. Yeah, the game enter and the winner went home with straight 2.7 million in any currency he staked. Betting against Barcelona at Camp Nou was kind of a risk which many gamblers was not willing to stake because they were frighten but they forget to understand that the system is filled risks and risking everything you have for a game you're confident about means you're solely in for whatever outcome that comes our.

It was a risky one but then it turned out rewarding and worth the risk, although personally I wouldn't risk that much with such amount because it will definitely get me too emotional and and may affect my mind, I will really be uneasy All trough the game and it's a situation I usually never want to find myself.

Barcelona as at the time of this bet was in their best form an playing from home was seen as even more advantageous to them and so everyone would want to look at the whole thing to have more favor on the side of Barcelona but then just like football will always turn out with its suprises they were in lucky and they lost, personally if I wanted to gamble on that game,no would rather predict on the number of goals than picking any body to win over the other.

[fzkto]

Risk acceptance in gambling is key to your second argument. Gamblers take and avoid risks. The irony is that they willingly enter an uncertain world but refuse to accept loss. Balancing excitement with possible results is crucial. Making informed decisions, knowing when to stop, and seeing gambling as enjoyment rather than a definite way to win can change the experience. Gambling is about self-awareness and appropriate enjoyment, not just the wager.

Gamblers, by their nature, engage in risk-taking behavior. They enter a world of uncertainty, hoping to reap the rewards of a gainful gamble. the irony lies in their reluctance of accepting loss, which is an inherent part of gambling. The key to a more balanced and enjoyable gambling experience lies in striking a harmonious balance between the excitement of the game and the potential outcomes. This entails making informed decisions, setting clear limits, and approaching gambling not as a guaranteed path to riches but rather as a source of entertainment.

Gambling should be about self-awareness and deriving pleasure from the experience, not solely about the financial gains. By acknowledging the inherent risks involved, exercising self-control, and viewing gambling as a form of leisure rather than a means to an end, people can transform their gambling experience into a more enriching and fulfilling one. it's about finding that sweet spot where the thrill of the game coexists with a healthy acceptance of the possible outcomes.

At first, every gambler starts to play for fun or just because he likes the process of playing. But all gambling is built on human psychology. Therefore, very often a person becomes addicted to gambling. After that there is greed and a person seeks to get the winnings and not just play for fun.

[Westinhome]

For those that may not be convinced, creating a simulation that show us our potential results when we gamble is something that now can be easily done in any spreadsheet software, and if someone does it then they will soon realize how empty and impossible are their dreams of making money when gambling, however most people do not go through this exercise and believe it is actually possible to accomplish this goal, and many of them will pay dearly for that mistake.

The gambler should use of the spreadsheet to store all their win and loss in the gambling sites.Some of the gamblers use the bot for the gambling prediction,but he need to understand the prediction of the gambling was the random one and based on the algorithm in the gambling sites.If they had a chance to find using the bot,the gambler will become the millionaire in few days.So the prediction can't be made using any software or bot in the gambling sites.The gambler who had the software for gambling will not be worked,it's better to do the use of the software for the crypo trading.Because the gambling based on the knowledge and can't be predicted using the software.So the gambler should risk in the gambling sites to make the big win from the gambling sites.It was possible one in the gambling sites.

[noormcs5]

The gambler should use of the spreadsheet to store all their win and loss in the gambling sites.

Using a spreadsheet may be a good idea for those who really want to keep track of their wins and losses, but it can be a hectic task to enter your each win and loss in gambling, on a spreadsheet. Some people may make a lot of bets and may play a lot of games daily using a very small amount of crypto per game, I do not know if this may not be feasible for them to enter each and every win on spreadsheets.

Some of the gamblers use the bot for the gambling prediction,but he need to understand the prediction of the gambling was the random one and based on the algorithm in the gambling sites.

If anyone wants to use bot, it's his choice, but the bot also does not guarantee a win. So think of this in a way, that a gambler doing manual bets may lose but at least he enjoyed the game by betting himself. On the other hand, a gambler using a bot may only lose money and never get the fun while doing the betting.

If they had a chance to find using the bot,the gambler will become the millionaire in few days.So the prediction can't be made using any software or bot in the gambling sites.

Yes, if there is any bot that can program the winnings more than the losing, then every gambler will turn on the bot loops and earn unlimited money. In fact, i think that the ratio of winning through bot gambling is less and hence it is not so popular.

[LUCKMCFLY]

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It is very difficult not to do things like that as you say, because generally at least when I was a rookie I always made the mistake of chasing my losses and what I gained was more losses, so in this order of ideas we are the people who are more responsible in every sense for what we do and what we can do later, so sometimes without meaning to but out of mere instinct we seek to correct errors immediately and in a casino we seek to correct or put everything back on the ground of obtaining again winnings to recover what was lost, well that does not apply, because mainly when things are very hard in a casino, people resort to returning to recover what they have lost and that is the main reason in some cases that addiction exists, copsa Which seems a little silly to me because a person who is in a casino must understand how things and the money work there, this is something that can be quite understandable.

When a person enters a casino, they must be clear about what they can do, but they must also understand the fact that the house always wins, that the fact of putting a lot of money in a casino does not guarantee that they have to win because they put in a lot, The casino has its own way of obtaining profits, this is why we are always going to make the difference, each time we go to play we must understand this, apart from making our own plan, the last thing to do is :

1.Have a total balance to lose.

2.- Have an autocontrol, the autocontrol must go from the first moment you register or enter a game and bet responsibly because you are not going to bet everything in a single shot, because it is easier to do without anything.

These are also things that the rest of us should learn, there is no other way , for me it is very important that a person educate themselves before entering a casino, and thus avoid losing money Unnecessarily.

The house always wins, and knowing this is half the battle. You're right about self-control. A plan, loss budget, and clear brain are crucial when entering a casino. Its about gambling psychology, not simply money. The beginner mistake of chasing losses is a common trap. Human nature, yes? We want to correct our mistakes right away to reclaim what we lost. This inclination can be our demise in a casino. Recovery typically increases losses, making it a pseudo-problem. The true issue? Understanding gaming is more important than recovering losses. Before entering a casino, educate yourself. Knowing the chances, risks, and self-control can make all the difference. wise money management includes wise judgments and emotions. Gambling should be fun, not profitable. The true win is keeping things entertaining and within control, right?

That's right , it may be that things are not about how to have fun , because we have as an example something very clear and it is When we are giving everything to be able to have a good time, that is, if we decide to enter a casino just to have fun Well, that is what Should be considered, but if you do not want to go for this, you can see that it is not the right thing to do because if someone is looking to win with a casino, it is noticeable but it is not like Taking it as income, the fact that Let's know about the advantage of this, which is what can give us an advantage to be able to play , because we cannot have any illusions that we are going to win because of this, no, this has to be considered always and when we have a fair budget to play and to be willing to lose , for me that is the premise, there is no other way, I believe that everything must happen under the Scheme of Doing things well , that is why it is always necessary for us as Players to have our feet firmly Planted on the Ground.

In the case that we are giving a lot of money to be in a Casino, I will always say, well if we have 100usd to play and cat without anything affecting us, then those 100USD at least for me is a lot of money, and well I consider that the Things must be done with great Caution , not because we can spend them because we have to spend them like crazy, we have to play an intelligent game to be able to have the option of generating more fun and a better experience , in this order of Ideas we must do everything necessary In order to take care of our money, it is always Necessary to do a very good performance so that the casino managers feel pleased with doing a better job. Personally, I always like to play darts, and Roulette , and also poker , I focus on those. games I always seek to win and even though roulette is merely random and take everything to the level of luck, then I try to find profits, for that it is necessary to always Establish my limits and therefore it is Necessary to do all these types of things to avoid having Bad Times .

[dezoel]

Inasmuch to this, the best strategy for gambling is to take a high risk of betting with huge money by choosing a few number of games that you are certain to win rather than playing a large number of games for little money.

I disagree with that point of yours. I believe that a person who chooses more games to spread the amount they are willing to bet gives the person more opportunities to evaluate their process or progress and work on their techniques of research and analyzing the teams and players so that they can improve their predictions for the future games instead of choosing a single game and putting all their bankroll at stake and if that game is lost, they will have nothing left behind to try again with more preparation next time.

So, if I were to spend $500 on my sports betting activities, I would spend $50 on each game instead of going all in on a single game. I would, of course, prepare for each match before placing my bet and won't take it easy just because my bet is small and make sure that I do enough research and know enough to be confident about my choices.

[Wakate]

 
Lucky for anyone who ever has that bet slip, it seems like the game played in his favour.

This is a tough decision if you are already in Lucky day , how could we deny the fact that we can double or even higher that amount ?
sometimes Luck is the one who must be blame , it can be cruel sometime but can be friendly .
we are just easily said thing when we are not the one involved but once it is ours on that shoe , trust me things in decisioning will change specially when we are in the winning streak  so lets do it when we are the one involve but be supportive for others who aer passing the game.

This is a big risk for me and the amount staked does not even worth the winning in which ever way. This is not how to gamble for me since the amount is extravagantly too high for anyone to stake juts to winning 2.5×. It doesn't worth it at all and we need to bet on games with small amount stake to win big amount. That is how to bet not taking too much risk just to win this kind of amount. The risk to reward ratio is too high and this alone can make a gamble to have a consequential bad day if the outcome turns negative.

[mvdheuvel1983]

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.

Your decision to cash out is based on economic factor from what I can predict. It is not based on greed or risk. At that point in time you are choosing to do what is best for you. There is no right or wrong motive here. The decision we take here will be based on our economic and financial situations.

Who knows what how much $865 would go in solving a need for you. So no shame in it. And if anyone says its greed accept it cash out. Maybe use 20% out of it for your next bet.

[Fivestar4everMVP]

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.

Your decision to cash out is based on economic factor from what I can predict. It is not based on greed or risk. At that point in time you are choosing to do what is best for you. There is no right or wrong motive here. The decision we take here will be based on our economic and financial situations.

Who knows what how much $865 would go in solving a need for you. So no shame in it. And if anyone says its greed accept it cash out. Maybe use 20% out of it for your next bet.

I completely agree with you, there is a thin line between being greedy and managing risk, this I believe is the reason why some gamblers tend to confuse the two.

If anything, I did say that being greedy in gambling is actually a normal thing, as long as the gambler is able to control him or her self in such a manner it does not negatively affect them in terms of money management, self control, knowing and keeping to set limits and so on. I say this because, gambling casinos themselves are as greedy af for our money, this is why they usually do not hesitate to confiscate a gamblers winning or money at any slight mistake from the gambler.
So for me, It not wrong if a gambler seize every opportunity made available to him or her, to make profit for him or her self, this is not greed, but more like risk management, knowing when to exit a bet to secure profit.

[Frankolala]

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.

Your decision to cash out is based on economic factor from what I can predict. It is not based on greed or risk. At that point in time you are choosing to do what is best for you. There is no right or wrong motive here. The decision we take here will be based on our economic and financial situations.

Who knows what how much $865 would go in solving a need for you. So no shame in it. And if anyone says its greed accept it cash out. Maybe use 20% out of it for your next bet.

I completely agree with you, there is a thin line between being greedy and managing risk, this I believe is the reason why some gamblers tend to confuse the two.

If anything, I did say that being greedy in gambling is actually a normal thing, as long as the gambler is able to control him or her self in such a manner it does not negatively affect them in terms of money management, self control, knowing and keeping to set limits and so on. I say this because, gambling casinos themselves are as greedy af for our money, this is why they usually do not hesitate to confiscate a gamblers winning or money at any slight mistake from the gambler.
So for me, It not wrong if a gambler seize every opportunity made available to him or her, to make profit for him or her self, this is not greed, but more like risk management, knowing when to exit a bet to secure profit.

You should also look at it from this side that if a gambler is greedy, he might get carried away with his greedy nature and when he is winning, he will think that he can continue winning and wouldn't stop at the right time that he is suppose to stop gambling because he feels that he is on his lucky day, which might turn around and he will loss big because he couldn't know that his luck has expired.

Also greed can make a gambler to continue chasing his losses thinking and hoping that he will win the next game. Greed is something that shouldn't allow it to control our gambling activities, when we are gambling because it will bring more of harm than good to us. I am not sayin that I don't understand your point but most gamblers can control their greedy nature and it is such gamblers that thinks that gambling is to make profit.

[AnonBitCoiner]

At first, every gambler starts to play for fun or just because he likes the process of playing. But all gambling is built on human psychology. Therefore, very often a person becomes addicted to gambling. After that there is greed and a person seeks to get the winnings and not just play for fun.

Yes everyone wants to play for fun and when they earn for the first time then they thought appears in their mind that they are lucky and they will win always. But it is impossible that a gambler win all the time without losing any amount so those who initiate gambling as a fun will eventually become a permanent participant of gambling.

This can be greed but at last I think gambling become a compelling activity because there is no other option with gambler to earn and he is also not supported by his family so if he continues gambling then his borrowed money will be increases and if he leave gambling then how he will earn and return his borrowed money therefore in such way gambling become an addiction.

[Dewi Aries]

Gamblers, by their nature, engage in risk-taking behavior. They enter a world of uncertainty, hoping to reap the rewards of a gainful gamble. the irony lies in their reluctance of accepting loss, which is an inherent part of gambling. The key to a more balanced and enjoyable gambling experience lies in striking a harmonious balance between the excitement of the game and the potential outcomes. This entails making informed decisions, setting clear limits, and approaching gambling not as a guaranteed path to riches but rather as a source of entertainment.

Gambling should be about self-awareness and deriving pleasure from the experience, not solely about the financial gains. By acknowledging the inherent risks involved, exercising self-control, and viewing gambling as a form of leisure rather than a means to an end, people can transform their gambling experience into a more enriching and fulfilling one. it's about finding that sweet spot where the thrill of the game coexists with a healthy acceptance of the possible outcomes.

At first, every gambler starts to play for fun or just because he likes the process of playing. But all gambling is built on human psychology. Therefore, very often a person becomes addicted to gambling. After that there is greed and a person seeks to get the winnings and not just play for fun.

Gamblers who realize that gambling is nothing more than a lucky activity then they will gamble with the intention of seeking entertainment or fun only, I agree to that statement but on the other hand it is always undeniable and not always possible that you will always be able to apply such a mindset, as you said that gambling is very much tied to human psychology, I think there will always be some points that can make you quite upset, and after that your psychology will start to be disturbed, even though you come with a healthy mindset, it doesn't mean that you don't have the potential to have desires like gambling addicts.

Winning and losing is the final answer that is certain but usually will lose more often than winning because your losses are profits for the casino, if you continue to play and without any restrictions even though your goal is for entertainment but on the other hand believe me that it is very likely that you will start to enter the addiction phase without you realizing it. After that, it's not about fun but you gamble with the intention of recovering losses. Therefore, there is nothing better than not touching gambling at all, or stopping before it's too late.

[Silberman]

At first, every gambler starts to play for fun or just because he likes the process of playing. But all gambling is built on human psychology. Therefore, very often a person becomes addicted to gambling. After that there is greed and a person seeks to get the winnings and not just play for fun.

Yes everyone wants to play for fun and when they earn for the first time then they thought appears in their mind that they are lucky and they will win always. But it is impossible that a gambler win all the time without losing any amount so those who initiate gambling as a fun will eventually become a permanent participant of gambling.

This can be greed but at last I think gambling become a compelling activity because there is no other option with gambler to earn and he is also not supported by his family so if he continues gambling then his borrowed money will be increases and if he leave gambling then how he will earn and return his borrowed money therefore in such way gambling become an addiction.

I have always thought that one of the worst things that can happen to a newbie is to actually obtain some level of early success when they gamble, because then they may begin to wonder if they can actually gamble not for the fun they could get out of those games, but instead they will consider gambling for profits, and since they do not have the knowledge or the skills to do this then whatever profits they got will soon disappear, and then their capital will follow.