Greed or risk

[topbitcoin]

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.

This is not a form of greed but luck. and what is called greed in gambling is when someone has won a big win in a bet but he is not satisfied with the win because he wants an even bigger win than that. And in the end he again risked all his winnings in a gambling game. And we also have to remember that greed will never give us any profit, greed will only lead us to big losses in gambling.

This person has dared to do something reckless in his gambling by betting quite a large amount and indeed this is too risky because that person could lose all the money he bet in the blink of an eye. And that person is wise enough because he prefers to withdraw his money rather than having to spend the money again on gambling.

[Porfirii]

That was a really exciting match, unusual in terms of scoreboard, but that's what you can expect from "El Clásico". After the first goal of Barcelona one could imagine a draw, and Madrid's goal confirmed this belief, but the comeback in the last minute was really surprising for almost everyone.

About the question you posed, it depends on the degree of aversion to risk, and it is not only very personal but also varies depending on the moment. You shouldn't argue with your friend because different points of view, as everyone has his own beliefs, and you might be surprised if you were in such situations.

In my case, I can't surely tell what I'd have done if I was him. When I see television contests I always think like "WTF, why don't you continue? you don't see that the potential prize is much higher than the misery you get if you quit now!?", but I'm sure that my feelings and thoughts would be otherwise if I was in his shoes.

[AbuBhakar]

I confess that I can't understand some things in this post. this barcelona game against real madrid was a game they played in yesterday. Barcelona scored the first goal in the 6th minute of the game, so the odds value for Real Madrid to win the game went up a lot and the value of the money that this guy bet went down a lot, I estimate that if he wanted to make cash he would probably only have 30% of the money he bet, meaning he would be left with a 70% loss. so it is not true that he could cashout in this game and make a profit. And I'll say more, Real Madrid tied the game in the 68th minute and therefore the cashout value would probably be around 50%, meaning the guy who made that bet would have a 50% loss if he cashed out.

If you check his screenshot shared. Cashout value is not visible on the screenshot so probably he mistakenly assumed that the amount in the screenshot next to the stake amount is the cashout value since the cashout button is right below the value on the screenshot he show.

I check too the game when I read this post and it really doesn’t make sense that cashout is available when the enemy team is already score since cashout typically not available after the first half.

[macson]

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.
snip

in fact, the advice you gave was very good to your friend because the potential for him to lose more while continuing to play would be greater, but I noticed that your friend is someone who is very brave to take high risks.  it will be difficult for you to give advice to people who like to take big risks because they will have made quite a large profit even though the capital spent is quite large, just look at how your friend lives in the real world, if he really still has a comfortable life and if he is not in debt and his relationship with his family remains harmonious then he is definitely a responsible gambler and able to manage his finances well, so let him stick with his thoughts.

[Hamphser]

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.
snip

in fact, the advice you gave was very good to your friend because the potential for him to lose more while continuing to play would be greater, but I noticed that your friend is someone who is very brave to take high risks.  it will be difficult for you to give advice to people who like to take big risks because they will have made quite a large profit even though the capital spent is quite large, just look at how your friend lives in the real world, if he really still has a comfortable life and if he is not in debt and his relationship with his family remains harmonious then he is definitely a responsible gambler and able to manage his finances well, so let him stick with his thoughts.

Giving advises wont really be that bad specially if he was your friend but it would be that ideal that you shouldn't really be forcing him on what to do because he does have the full rights on what he would really be doing in regarding about his bet. If he do listens then its good but if its not then its none of your business, its their money so its their right on how they would really be handling it out. There are indeed
people who are really that risk takers even if they do have the chance on securing profit but still they have decided to proceed further or could really be able to take up the risks.
Greed? Its totally normal if you are doing gambling on which its matter of winning and losing and since we do know that it is really just that good for fun then it would really be just that alright that you would
really be dealing with it. It is really just that important that you should really know on setting up the limits or else you would really be that messing up your finances.

Risk is there but its not really that needing that extreme thinking but rather it is really just that common sense on which you could really be able to avoid those risks if you are really that wary.
People do mess up their lives if they would really be losing off their control.

[dothebeats]

I wouldn't have said the same thing if I know that that person knows a lot more than me when it comes to the game that they're betting on.

I'm an opinionated man, though I keep my opinion where my knowledge is. If I think something is wrong with the trail of thought of the person I'm speaking with, but I don't have enough knowledge about the topic we're discussing, I'd rather go on his own way and not interfere anymore.

Perhaps there's something that that bettor knows compared to us. Perhaps he knows a lot of more detailed stats hence why he never cashed out. We'll never know until the conclusion of the game. Also, that feature from the bookies is a way for them to minimize their losses, especially if the outcome is already obvious and they want to persuade the gambler to think that it could go wrong really quick.

That bet ended up winning btw.

[goaldigger]

It's his money and it's his call, if your friend is ready for the risk then so be it.
We might see this as an opportunity already to take profit but your friend is still willing to go for more, and whatever the result is I'm sure your friend will be fine since he's more confident and responsible for his action. Being greedy is not that bad, sometimes if you see a good opportunity you become more greedy and it can be rewarding too. As a friend, better to just support him/her not unless if that decision can really harm your friend.

[komisariatku]

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.

If it's your friend's WhatsApp status, maybe you can ask him whether it was his own bet or taken from the internet. You can also estimate whether your friend has that much money or not

In my opinion, whether you are greedy or not depends on the gambler's financial condition. If he has a lot of money of course the value of 1,000,000 is not that big, but if he only has that money and gambles using all that money in one football match then that is no longer greed but stupidity.

[Haunebu]

Personally, I would let it ride all the way instead of cashing out regardless of whether the bet won or lost because I am a yolo punter and I live by the all-in philosophy most of the time in gambling.

He probably felt the same way too. You could say that I am greedy for sure in this situation, but it's not a con since I am willing to lose my investment.

If he was willing to lose his investment, good on him. If not, he is truly dumb as hell.

[Agbe]

Lolz!!! This normal for gamblers. Op your friend is chronic gambler and that is he is an addicted gambler because if the person is not an addicted gambler, he would have a second thought of making the Cash out. Because that is a profit of 1.7m. He might be sure that the complete game will enter and at this stage anything can happen. Though what your friend said is also the truth because as a gambler, you must have that mindset of taking risk but it must be a calculated risk and when the game finally entered then your risk becomes well calculated one and when it cut them you blame yourself for not cashing out. As for me it is a good Cash out. Not everyone will have the liver to keep that cash out to be continued oh. Because the stake is also huge and the Cash out is nice, you are not losing so it is better to Cash out. Though that is risk but it is more of greed.

[Hispo]

When we talk about concepts like Greed and Risk, usually believe they are pretty much together when comes to gambling and investing.
That person felt greedy, so decided to take a risk, that is how it usually works in these kind of scenarios.
Rarely, anyone would feel like taking risks if there is not for the sake of money. Risk does not come in first.

Personally, I would let it ride all the way instead of cashing out regardless of whether the bet won or lost because I am a yolo punter and I live by the all-in philosophy most of the time in gambling.

He probably felt the same way too. You could say that I am greedy for sure in this situation, but it's not a con since I am willing to lose my investment.

If he was willing to lose his investment, good on him. If not, he is truly dumb as hell.

I also generally think it is easier to go all-or-nothing when it is about betting and whether it is money one is willing to lose and let go. There will be people who in the mid time of their betting may feel like going safer and claim a partial win over their wager. Trading is more suitable for doing those kind of calculations, because doing something like cashing out in the middle of a match implies someone was not ready to lose their wager. At least, that is what I think.

[abel1337]

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.

I wouldn't even try to debate if I'm on that situation. I wouldn't want to be blamed if something happened that is blamable to you. It's his bet, his money and his responsibility. I would probably give him a support and cheer with his decision.

We all have different perspective on a situation like that and if you ask me, I would probably continue until I was satisfied knowing that I will do a research first and be confident with my bet. It's a good opportunity to withdraw but the lust you will experience when your plans that you cancelled won.

[tusandii]

After I read the whole several replies had the same opinion and maybe my opinion would be the same if it wasn't all greed but just trying to prove whether he has the right predictive ability because like me myself when I can cashout the winnings that are already in front of my eyes but the match not finished yet I prefer to keep it out of curiosity to test myself whether my prediction is correct and if it is correct I will have a sense of pride for breaking the record of very correct predictions and in my scenario it is not about the money but about the satisfaction of the achievement that I get.
So it's up to that person because maybe he has goals that we don't know about and maybe it would be better if you didn't argue with him, it would just waste your time.

[Saint-loup]

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.

You should be careful with this picture "Pot. Win" means Potential Win it doesn't mean cashout value offered. So unless it's a special promotion or a glitch from the app, I don't think your friend was able to cashout his bet @2.73 before the start of the match, and even before its end since the last goal has been scored in the 92nd minute by Jude Bellingham(for Madrid), it was the 1-2 goal which is the final score while Barça scored the first goal of the match in the 6th minute. So I think your friend would have been a surprise if he thought he was able to get that money at that time.

[Bushdark]

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.

This is a dangerous bet and it is only people that have large amount of funds that can bet on this kind of game with huge capital. I don't see this kind of game as a greed since the player is believe to have enough funds to bet on this kind of game. Those who have the fund can bet on something like this with confidence and if they lose, they will have no one to blame. Gambling is more about the risk we are taking and the amount we want to make. If we are okay if the future results, we can go on but if it is the contrary, we can decide to leave it.

[Youngkhngdiddy]

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.

  I won’t call this greed, he saw an opportunity and he was willing to take whatever risk that might be the outcome.. In gambling then is always two possible outcomes it’s either you win or you lose. No matter what outcome it may be it left for the person to bear. Everyone has the freedom to do what ever they want to do as long their decision is not affecting others. We should minimize the way we criticize others on their decisions. But then before one will place such amount on a bet he should have done his research on who is favorite to win.
 If the bet wins (which it did ) will you still call it greed ?  No!! rather you will wish why you didn’t play that’s how life is they won’t encourage you when you are starting but when they starts seeing results they will want to clap for you and even follow your footsteps. Without risk they’re are no rewards. But before you take any risk first know if the risk is worth taking and it’s effect it will have on you if it doesn’t go in your favor. Not every risk are worth taking, you just have to use your head in everything you do. That’s just the basic code of life. Your friend saw some potential in the odds and decided to jump on it. He would have probably done his own research in his part to warrant him to play with such amount. It will be all smile for me cause his risk was reward. That’s how it should be when we see opportunity knocking at our door we shouldn’t hesitate to grab it when it’s comes .

[Oluwa-btc]

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.

Whoever played the game knew the risk's involved and must have strong believe in Real Madrid. I also saw the post on Twitter from a punter.
Some years back when Real Madrid played against Juventus during that final, I saw similar high stake. I won't consider this greed no, whoever did was either expecting a win or loss and know what? He had he's profit Yeah?

Why rush for small penny? Lol! Good, though, personally if I did stake such a game, I won't cash out. The money used to stake the game even if lost won't affect me because it'll be easier to replace. I know the risk before jumping in. Congratulations to the punter, most of them showcase this to attract engagement.

[boyptc]

You need money? Be greedy and take that money.

You are not greedy? It's just the same as continuing to risk that whether you gamble that again. Are you confident that you'll be able to get that money again? If not, get it and think that the casino might get it back again from you.

Everyone's mindset is all about gettin that money because that's the goal of everyone who gambles and that's to win and take your money as soon as you get wins.

[rahmad2nd]

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.
 

Honestly, what should we, you, or gamblers actually debate about in their gambling cases, as is the title of this thread. the question is, what is the essence of the debate you have with your friend? What is certain is that it will only bring justifications for ourselves according to our habits and thought patterns.The point is, every gambler has different habits and also a different mindset.
In this case, the casino only offers the options they give us. there are only two choices, take it, or keep going.
For someone who thinks it is greed, let it be, someone has the right to what they think and even their habits. For those who are confident and have the habit of always waiting for the results until the match is decided, there is nothing wrong with that and it has nothing to do with greed.

But what is clear is that everything we bet on is always related to risk.
Firstly, we are well aware that betting requires money as a medium. Every bet always involves risks involved. Winning and losing are normal things. After all, aren't we well aware of the essence of betting? for anyone cashing in like you said in this post. There is nothing wrong with that, after all it is someone who makes the choice, and all decisions are in the hands of the gambler. However, if it turns out that the results of the match match predictions, someone must be sincere, because he has cashed in first. however, if it is the other way around, someone is lucky to avoid loss. In essence, every choice a person makes is completely theirs. As for the casino, they only offer features to their users.

For me personally, as soon as I make betting options. I won't check it again, let the game run until it's over. If I win, I'm lucky, if I lose, what can I do, it's all part of the risk anyway. the only greed in this case, a gamble that is not ours, we claim it to cash out. then, we ask for a share so that we can get money from the bet. By the way, greed has a broad meaning, depending on how we understand it and respond to it. Regarding risk, this is an inseparable part of gambling. Well, that's my understanding. If you don't agree with what I said, it all depends on our own understanding.

[Casdinyard]

Thing is, it's great and all to lock in your wins and earn your keep, but there are people who gamble for the thrill of it and not for the profit. Do we persecute them for making risky choices out of the fact that they are driven by the excitement that these types of games bring to them? I don't think so. Sometimes "greed" is good, but only if we're doing it in such controlled scenarios wherein you still greed for shit, but not necessarily for the money. Am I making sense lol, I feel like I got off into tangent.

In any case the only thing that matters really when you gamble is that you don't succumb to revenge gambling, once you're able to successfully get over that you're good to go.