Greed or risk

[Rabata]

When we look at betting slips for really big bets it can have two reactions. Some will ask to withdraw money from bets, while others who like to take risks will focus on taking risks. But my personal opinion in this case is that if someone is in such a position and has the condition to take the risk then he can take the risk. Because betting is a simple act of taking risks. Even if he doesn't take risk now, he has to risk another bet. It is not possible to win in betting without risk. Here greed and risk are at the same level. But the common expression that can be found when losing a bet is greed. Everyone then blames greed. So the gambler is the only person who can make the proper decision.

[adultcrypto]

Greed or risk, I think that it depends on the mindset and financial strength of the gambler, because what you're worrying about for him might be his adrenaline to keep going in the game. Some people are natural risk takers, they'll want to finish the game no matter the outcome, it doesn't matter to them if they lost, so far they won't lose more than the amount used to place the bet. While others will cash out, out of fear of losing everything, i believe that most reasonable gamblers will fall into this category. Another category are those that very rich, they don't care if they will lose the bet, and cashing out is not an option for them, they're just in it for the thrill.

Personally I'll cash out if given the opportunity to do so, because if i don't and eventually lose the bet, I'd be very heartbroken and blame myself for being greedy. This is probably because I'm not rich, if I'm rich and lose a bet, it'll likely be  risk for me.

and to add, some of those gamblers who won't cash out know that they have very high chance of winning particularly those who live and breath such sports. so i guess, it is not about greed but the chance also about the bet. if you have the feeling you are on the winning side, you won't cash out.
but of course, if you want to make sure you are going home with some cash, you can cash out before such opportunity expires as there are only certain period that you can cash out.

I seems to understand your point and I agree with that. Probably the money staked is not too much for him and he can afford to loose it. One thing I also realise from this might be that the bet was in solidarity with the team he supports,  his was of showing that he believe in the team. Even though I might not go with his decision, he came out right after all and made more money than he would have made if he had cashed out the bet.

[alastantiger]

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.

In a debate there is no winner. Both sides of the argument are right. I didn't even see the need for such debate because what one person calls greed may be regarded as a risk for the neighbor and what the neighbor calls a risk may be regarded as greed for the other. A person who hasn't made such a huge amount may call it greed while someone who has had repeated amounts of such wins would call it a worthy risk.

[boty]

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.

In a debate there is no winner. Both sides of the argument are right. I didn't even see the need for such debate because what one person calls greed may be regarded as a risk for the neighbor and what the neighbor calls a risk may be regarded as greed for the other. A person who hasn't made such a huge amount may call it greed while someone who has had repeated amounts of such wins would call it a worthy risk.

Those who have never experienced a big win in gambling will definitely be very careful in placing their bets and they will also make good decisions in placing their bets because they don't want to lose from the bets they place, while those who don't can control themselves in gambling, of course they will play without being able to control themselves in placing their gambling bets so that they will experience defeat more quickly in the gambling they do.

[Hirose UK]

~snip~

and to add, some of those gamblers who won't cash out know that they have very high chance of winning particularly those who live and breath such sports. so i guess, it is not about greed but the chance also about the bet. if you have the feeling you are on the winning side, you won't cash out.
but of course, if you want to make sure you are going home with some cash, you can cash out before such opportunity expires as there are only certain period that you can cash out.

But would you also do the same thing when the odds were on your side in bet?
Everyone needs lot of consideration whether to continue or stop and take most of the winnings because in the future no one will know what the final result of the bet will be.

Talking about opportunities actually does not guarantee victory and there are many incidents where team has succeeded in having an advantage and has big chance of winning but it is not finished because there is still time left and in the end there is a big surprise that makes the superior team lose.
This kind of thing should be matter of concern and learning that everything that looks like it has a chance may not necessarily end well.

Here I agree with @Kelward in his last sentence and the decision he made is the first step to staying safe and being able to have or maintain a number of benefits that have been obtained.

[Jody.Drummer]

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.

In a debate there is no winner. Both sides of the argument are right. I didn't even see the need for such debate because what one person calls greed may be regarded as a risk for the neighbor and what the neighbor calls a risk may be regarded as greed for the other. A person who hasn't made such a huge amount may call it greed while someone who has had repeated amounts of such wins would call it a worthy risk.

Those who have never experienced a big win in gambling will definitely be very careful in placing their bets and they will also make good decisions in placing their bets because they don't want to lose from the bets they place, while those who don't can control themselves in gambling, of course they will play without being able to control themselves in placing their gambling bets so that they will experience defeat more quickly in the gambling they do.

Yes, it is possible and quite reasonable, because usually someone will be more aggressive in gambling when they have already had a big win, in the way of preparation is also quite different between those who are beginners and those who are already quite significant about their gambling involvement. For those who have had several big wins usually like I said they are more aggressive as in how to gamble and put a budget because small wins don't seem to mean too much to them and also yes of course they will increase the amount of bets.

As for people who are still quite new to gambling or for example have never had a big win according to them, usually they will be more careful in gambling such as paying more attention in terms of the amount of budget that is not excessive which indirectly the risk taken is also not too significant if they end up losing. But basically I wouldn't say that's entirely true because for all the gambling they do it depends on themselves especially in terms of their goals of coming to gambling. Of course for those who cannot control themselves in gambling it will be very dangerous because addiction will continue to follow them, and also yes maybe the amount of control will continue to increase because they cannot put limits on when to stop from that activity.

[shogun47]

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.

In a debate there is no winner. Both sides of the argument are right. I didn't even see the need for such debate because what one person calls greed may be regarded as a risk for the neighbor and what the neighbor calls a risk may be regarded as greed for the other. A person who hasn't made such a huge amount may call it greed while someone who has had repeated amounts of such wins would call it a worthy risk.

Those who have never experienced a big win in gambling will definitely be very careful in placing their bets and they will also make good decisions in placing their bets because they don't want to lose from the bets they place, while those who don't can control themselves in gambling, of course they will play without being able to control themselves in placing their gambling bets so that they will experience defeat more quickly in the gambling they do.

It could be quite the opposite of what you are describing, but there is no fixed rule as to how players with or without experience would play. I think first of all it is their relationship with money and how they treat and value money. There are very different characters out there and this is a great example when someone wins big what to do with it. There is one group that says that money won is money earned and hence can subsequently turn into a serious loss. Whereas another group might say that whatever they won isn't really part of their wealth and they keep treating it like play money. If they lose it all, they argue that they haven't lost any because it wasn't earned in the first place.

Someone goes up 1 million and then loses 1 million, says: - 1 million
Someone goes up 1 million and then loses 1 million, says: nothing lost

[Z390]

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.

That's cold, it's always not anyone's business until they lose everything, and would have been better if they swallow all the pains that comes with it, but instead they will create an account on this forum only to share their bad story and how their life get *uck up by gambling, I don't see anything wrong in what Op is sharing, some gamblers are truly reckless with gambling and it's not bad using them to make examples on the forum, I have a friend who we never thought was into any gambling until he lost everything when gambling and he end up seeking for help, we were all surprised because we don't even know.

At the same time, I recall how secretive he has always been, that's who he is but if he has voiced out about it I would have just warned him about gambling and maybe give him some guide that will safe him from getting totally wrecked like what happened now, he is starting from the beginning again, like how much can I help him compare to if he start gathering the pieces all by himself?

Do not feel like you are always in control, that's when you should be more careful, my parent always say that I should be careful when I believe that I am standing, if I am falling I won't even notice it, this is the case with gambling, especially when you win once or twice, you will feel kind of special like a God of gambler, the fact about gambling is why I know how to avoid it's mess.

[maydna]

Those who have never experienced a big win in gambling will definitely be very careful in placing their bets and they will also make good decisions in placing their bets because they don't want to lose from the bets they place, while those who don't can control themselves in gambling, of course they will play without being able to control themselves in placing their gambling bets so that they will experience defeat more quickly in the gambling they do.

But some people cannot be careful placing their bets because they are tempted to use big money bets, so they try it. And when they lose, they become curious, so they want to keep trying. In this case, they have taken a bigger risk because they have bet with big money, so they also lost a big amount. Supposedly, after their first loss with big money, they immediately realized that this was a mistake and had to stop or reduce the amount of their bet immediately so they could continue their gambling game. But what's better is that they can stop gambling to calm their emotions because losing large amounts must be painful, and there must be a desire to recover from their losses, which will not be easy.

[Silberman]

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.

That's cold, it's always not anyone's business until they lose everything, and would have been better if they swallow all the pains that comes with it, but instead they will create an account on this forum only to share their bad story and how their life get *uck up by gambling, I don't see anything wrong in what Op is sharing, some gamblers are truly reckless with gambling and it's not bad using them to make examples on the forum, I have a friend who we never thought was into any gambling until he lost everything when gambling and he end up seeking for help, we were all surprised because we don't even know.

At the same time, I recall how secretive he has always been, that's who he is but if he has voiced out about it I would have just warned him about gambling and maybe give him some guide that will safe him from getting totally wrecked like what happened now, he is starting from the beginning again, like how much can I help him compare to if he start gathering the pieces all by himself?

Do not feel like you are always in control, that's when you should be more careful, my parent always say that I should be careful when I believe that I am standing, if I am falling I won't even notice it, this is the case with gambling, especially when you win once or twice, you will feel kind of special like a God of gambler, the fact about gambling is why I know how to avoid it's mess.

I concur, if the OP was talking about someone they do not know then we may say that it is none of their business how someone else spends their money, but friends are supposed to call each other out when they are stepping out of line, as by doing that you can help a friend to stop a behavior that could ruin them early on and decrease the damage they could do to their lives in this way, however when your friend conceals everything about it there is no way to help them, as it seems to be the case on the story you share with us.

[Westinhome]

But would you also do the same thing when the odds were on your side in bet?
Everyone needs lot of consideration whether to continue or stop and take most of the winnings because in the future no one will know what the final result of the bet will be.

Talking about opportunities actually does not guarantee victory and there are many incidents where team has succeeded in having an advantage and has big chance of winning but it is not finished because there is still time left and in the end there is a big surprise that makes the superior team lose.
This kind of thing should be matter of concern and learning that everything that looks like it has a chance may not necessarily end well.

Here I agree with @Kelward in his last sentence and the decision he made is the first step to staying safe and being able to have or maintain a number of benefits that have been obtained.

The gambler don’t know the exact result from the gambling bet,So they can withdrew from the game any time.But the gambler who accept the risk in the gambling had the big win in the gambling site.The gambler should understand the opportunity in the gambling sites.Many people get rich using the gambling site,but some people also loss their entire money to the gambling site.So the gambler should not to be greedy in their game in the gambling sites.If they get greedy the gamblers emotions will added to the gambling bettting,So it may leads to the loss for the gambler at the end of the game.So avoid the greedy and emotion in the game.

[klidex]

Those who have never experienced a big win in gambling will definitely be very careful in placing their bets and they will also make good decisions in placing their bets because they don't want to lose from the bets they place, while those who don't can control themselves in gambling, of course they will play without being able to control themselves in placing their gambling bets so that they will experience defeat more quickly in the gambling they do.

But some people cannot be careful placing their bets because they are tempted to use big money bets, so they try it. And when they lose, they become curious, so they want to keep trying. In this case, they have taken a bigger risk because they have bet with big money, so they also lost a big amount. Supposedly, after their first loss with big money, they immediately realized that this was a mistake and had to stop or reduce the amount of their bet immediately so they could continue their gambling game. But what's better is that they can stop gambling to calm their emotions because losing large amounts must be painful, and there must be a desire to recover from their losses, which will not be easy.

yes, that's just some people, and I'm sure there are still many people who are responsible for their gambling, who still care about their financial health and don't really expect big wins at gambling because of that.
It's impossible, like looking for a needle in a haystack, even though getting even a small profit is already very grateful.
I personally take more into account the expenses I will use for gambling, limit my finances to a minimum and don't chase losses when the money I use has run out.

[inthelongrun]

OP he took the risk to bet so there is nothing wrong if he decides to cash out early or keep it going the usual way. What is wrong is you debating with your friend that he needs to cash out and calling him greedy because he did not follow your advice. You said the debate did not end well, blame yourself, mate. Don't act like an expert or accept the fact that your advice can either be followed or rejected. Did he owe you money? You seem so forceful about your advice. And in the end, your friend was right. Thanks for not following your advice. He would've been bitter if he followed your wrong advice.

It's just crazy when a lot of people mind other people's stuff. There is nothing wrong with giving advice but it is wrong when someone tries to insist. It's like some people here making posts and talking about how Elon Musk was a failure and what things he should do in order to make his business better. It's crazy. We should look at ourselves in the mirror before considering to mind other people's business.

[maydna]

~snip~

yes, that's just some people, and I'm sure there are still many people who are responsible for their gambling, who still care about their financial health and don't really expect big wins at gambling because of that.
It's impossible, like looking for a needle in a haystack, even though getting even a small profit is already very grateful.
I personally take more into account the expenses I will use for gambling, limit my finances to a minimum and don't chase losses when the money I use has run out.

We also have to be responsible for our gambling and not gamble excessively, let alone expect to win big. If we can win, we must be grateful for having won. Remember that in gambling, winning is very difficult, and not everyone can win. I also always calculate my expenses when gambling and will not deposit more money on the same day, especially when I gamble; I always try to limit the use of the money. I will not chase losses because I have experienced bigger losses that I could not imagine before, so by always limiting the money for gambling, that is what I can do.

[kingvirtus09]

Greed or risk, I think that it depends on the mindset and financial strength of the gambler, because what you're worrying about for him might be his adrenaline to keep going in the game. Some people are natural risk takers, they'll want to finish the game no matter the outcome, it doesn't matter to them if they lost, so far they won't lose more than the amount used to place the bet. While others will cash out, out of fear of losing everything, i believe that most reasonable gamblers will fall into this category. Another category are those that very rich, they don't care if they will lose the bet, and cashing out is not an option for them, they're just in it for the thrill.

Personally I'll cash out if given the opportunity to do so, because if i don't and eventually lose the bet, I'd be very heartbroken and blame myself for being greedy. This is probably because I'm not rich, if I'm rich and lose a bet, it'll likely be  risk for me.

Greed once enters, a gambler for sure will always put the winnings he gets at risk because greediness pushes him to continue playing gambling in the casino, which is why he always ends up losing.

This happens all the time with gamblers. Now, there are others who may not have this greed in the meantime, but there is a risk that they take when they gamble, and that is that they are willing to beat their partner no matter how much it is, right?

[sompitonov]

Greed or risk, I think that it depends on the mindset and financial strength of the gambler, because what you're worrying about for him might be his adrenaline to keep going in the game. Some people are natural risk takers, they'll want to finish the game no matter the outcome, it doesn't matter to them if they lost, so far they won't lose more than the amount used to place the bet. While others will cash out, out of fear of losing everything, i believe that most reasonable gamblers will fall into this category. Another category are those that very rich, they don't care if they will lose the bet, and cashing out is not an option for them, they're just in it for the thrill.

Personally I'll cash out if given the opportunity to do so, because if i don't and eventually lose the bet, I'd be very heartbroken and blame myself for being greedy. This is probably because I'm not rich, if I'm rich and lose a bet, it'll likely be  risk for me.

Greed once enters, a gambler for sure will always put the winnings he gets at risk because greediness pushes him to continue playing gambling in the casino, which is why he always ends up losing.

This happens all the time with gamblers. Now, there are others who may not have this greed in the meantime, but there is a risk that they take when they gamble, and that is that they are willing to beat their partner no matter how much it is, right?

This is what the gambling industry is built on, on greed and the inability to control it. If a player wins, then in approximately 95% of cases he will return and lose his winnings, and also bring his own new money and give it to the system. I have always been surprised by professional poker players and raising limits (NL5, NL10 and so on) provided that the bankroll grew to a certain value. I thought I was disciplined, but I couldn't go down the limit when I needed to and ended up losing almost my entire bankroll. This turned out to be incredibly difficult to do, after which I realized that I would not become a professional player. It’s good that I realized this and stopped, but some people lose and can’t stop.

[nara1892]

Greed or risk, I think that it depends on the mindset and financial strength of the gambler, because what you're worrying about for him might be his adrenaline to keep going in the game. Some people are natural risk takers, they'll want to finish the game no matter the outcome, it doesn't matter to them if they lost, so far they won't lose more than the amount used to place the bet. While others will cash out, out of fear of losing everything, i believe that most reasonable gamblers will fall into this category. Another category are those that very rich, they don't care if they will lose the bet, and cashing out is not an option for them, they're just in it for the thrill.

Personally I'll cash out if given the opportunity to do so, because if i don't and eventually lose the bet, I'd be very heartbroken and blame myself for being greedy. This is probably because I'm not rich, if I'm rich and lose a bet, it'll likely be  risk for me.

Greed once enters, a gambler for sure will always put the winnings he gets at risk because greediness pushes him to continue playing gambling in the casino, which is why he always ends up losing.

This happens all the time with gamblers. Now, there are others who may not have this greed in the meantime, but there is a risk that they take when they gamble, and that is that they are willing to beat their partner no matter how much it is, right?

Greed has become the starting point for a more painful end, they, especially gambling addicts, have felt and proven it themselves, it is quite painful but the problem is that their expectations are much higher than the reality that always befalls them (even successive defeats). That is why they are still greedy even though it is clear that the final result is more often a defeat than the results they always expect. Even though they basically got a win at the end of the gambling session, I wouldn't say it was a real win because obviously in that condition they will bring their greed like you said, and instead of getting a much bigger win but the opposite happens.

It's a cycle of addiction that will always be involved with greed at some level, and whether or not a gambler will be greedy depends on the level of involvement of the person in the gambling, usually greed will always play a role in someone who has entered the addiction phase. I don't believe they can control themselves if they are in a state of competing in a bet with anyone including their own partner, because when your adrenaline is pumping then maybe you will not think and consider how much risk you have to take.

[Gozie51]

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.

Yes I know of some gamblers who don't like using the cash out mode, they prefer to take the full risk and bear whatever consequences that comes out of it. They say they are okay with losing all and if they win the full potential they are also happy.

There are different reasons that make some not to use cash out. They have had situations where they used the cash out in fear that the game will eventually go against them but it finally happened that the games were all successful whilst they had already jumped out with meagre amount and losing the bulk of the potential winning. I feel the pulse of those who argue with presenting such experience with the point of eventually winning.

They say afterall they were the one who predicted the games and that they would allow it to finish out. Moreover, another argument from such gamblers is that before the introduction of cash out, that they have been winning so why chicken out but for me, I believe cash out is very useful for gamblers and since its introduction, more people have tasted winning even if not the potential winning amount.

[Litzki1990]

Here from the picture shared by your friend on whatsapp status we clearly understand that your friend may have taken high risk here and because of taking high risk he has achieved this. At such high risk usually a gambler fails most of the time but your friend is lucky enough because he got a big profit despite taking such high risk. I think your friend can tell you about this matter better than us so you can ask your friend about it. If he has shared any other picture in his whatsapp status then that is different matter but if he is really doing this then you must try to know how he did it.

[Kelvinid]

If am the one that owns this bet slip I will cash out, my reason for cashing out is the risk involved, this bet has a high risk, staking a bet with 1m with a potential winning of 2.730m is very risky and I won't go for this, despite that sometimes it works exactly this way, this is a no for me unless I won't put the loss into consideration which is not even possible, no matter how rich you are, when you lose money you will feel it, minimizing your risk and maximizing your profit in gambling will help to avoid much loss in gambling, remember prediction is not a sure thing, it is just what you instinct feel at that time but mind you, your instinct doesn't say the exact thing most time, so don't be a greedy gambler.

The owner of this bet slip is known to be a professional who is willing to take and bet more disgrading the possible risk of losing. I believe he doesn't need money in order to cash it out but he chose that it will stay there. We can't really imagine someone who is not afraid to stay in there but I think, he trusted the platform already made him confident enough that nothing would happen to his account and funds. Indeed, it was not greed but it was a matter of choice and trust. Of course, you can do the same if you are a rich person who doesn't care about losing their money.