Greed or risk

[wiss19]

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.

It sometimes feels like some people care more about what you do than what they do themselves or need to do, lol. I mean, do what you have to do instead of focusing on what I'm doing, it's my things, it's my life, and it's me who should be deciding what's good and what's bad for me. If you think that I'm doing something in the wrong way, just suggest me a better way, and if I think that your way is better than mine, I will follow it, but if I don't think so, I'll go with my way and you shouldn't have an issue with that and don't start arguing with me for that.

OP probably did the same thing with his friend, he did what he thought was right for himself and he was confident with his decision. OP suggested something but he thought his decision was still better so he went with that and OP started an argument with him for not thinking that his decision was better.

[Kelward]

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.

It's more of greed than risk for most gamblers, because they can imagine that if they can come that far without failing then their luck will lead them all the way to winning the bet. Not remembering that gambling is a game of chance, that the table can turn around at any moment, in an instant winning can turn to lose. Any thing that depends on luck to achieve is not a reliable thing to depend on, because luck can change at anytime whether for good or bad, so it's more reasonable to cash out if given the opportunity to do so.

Taking the risk to continue a game that you have no control over is not advisable, unless the gambler does not care about winning or loosing, but in rare cases, people who care about winning and yet continuer to play after been given the chance to cash out are the real risk takers, because if they lose, they probably have ways of getting over the lose.

[klidex]

~snip~

~~

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.

This bad thing can be a goods experience for your life in the future because with that your can realize that chasing losses is very risky, therefore it is true as you said, if we have to set limits in gambling so thats we don't experience bigger losses, we can do it here. Remind our friends to gamble with reasonable limits and not exceed our capabilities, if the limits are up we must be willing to lose the money or at least use the minimum limits possible so that we don't regret losing money too much and can stop doing it without thinking twice.

[inthelongrun]

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.

It sometimes feels like some people care more about what you do than what they do themselves or need to do, lol. I mean, do what you have to do instead of focusing on what I'm doing, it's my things, it's my life, and it's me who should be deciding what's good and what's bad for me. If you think that I'm doing something in the wrong way, just suggest me a better way, and if I think that your way is better than mine, I will follow it, but if I don't think so, I'll go with my way and you shouldn't have an issue with that and don't start arguing with me for that.

OP probably did the same thing with his friend, he did what he thought was right for himself and he was confident with his decision. OP suggested something but he thought his decision was still better so he went with that and OP started an argument with him for not thinking that his decision was better.

And I know some people with that same attitude. But I am trying as much as possible to stay away from them. They're toxic. I honestly do not understand why they need to argue or insist when their suggestions aren't being followed. It is disrespectful. Maybe psychologists can explain more, it could be something about personal insecurity.

OP is feeling bad which is why he posted it here. His advice wasn't followed and as he said, the argument didn't end well. What makes matters worse is his advice ended up being a mistake so his friend won the bigger pot. What a shame. If I were OP I would spend some time alone, and re-assess my personality. And of course, I will apologize to my friend with a good vibe manner.

[nara1892]

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.

It's more of greed than risk for most gamblers, because they can imagine that if they can come that far without failing then their luck will lead them all the way to winning the bet. Not remembering that gambling is a game of chance, that the table can turn around at any moment, in an instant winning can turn to lose. Any thing that depends on luck to achieve is not a reliable thing to depend on, because luck can change at anytime whether for good or bad, so it's more reasonable to cash out if given the opportunity to do so.

Taking the risk to continue a game that you have no control over is not advisable, unless the gambler does not care about winning or loosing, but in rare cases, people who care about winning and yet continuer to play after been given the chance to cash out are the real risk takers, because if they lose, they probably have ways of getting over the lose.

But basically it's nothing more than "imagining and hallucinating right?" they will never know about whether they will be lucky or not at the end of the session, and yes I also understand that there is a chance to be able to win there but on the other hand the casino has arranged everything that the percentage of defeat will be much greater than victory, therefore as we see a lot of gamblers suffering from defeat and such a cycle will continue if they cannot change their mindset then obviously the cycle will never end. In the event that you've got a lot of time on your hands, it's best to make sure that you've got a good understanding of what you're getting into and what you're getting out of it.

Of course friends it is not recommended, and if you or they ask the reason I think it is clear because gambling is only an activity that relies on luck alone and there is no certainty whatsoever for a better result, unless yes if you don't care for any results, so I think applying good self-control and being a responsible gambler is one of the right solutions for prevention.

[maydna]

~snip~

This bad thing can be a goods experience for your life in the future because with that your can realize that chasing losses is very risky, therefore it is true as you said, if we have to set limits in gambling so thats we don't experience bigger losses, we can do it here. Remind our friends to gamble with reasonable limits and not exceed our capabilities, if the limits are up we must be willing to lose the money or at least use the minimum limits possible so that we don't regret losing money too much and can stop doing it without thinking twice.

For this reason, we must really be able to control ourselves and not chase losses because we have already lost from previous gambling games, and if we continue, our losses could become even greater. Only with limits on gambling can we prevent bigger losses so that we only gamble with the money we can afford and never exceed the limits we have set. Don't spend too much money gambling because later, we will regret seeing how much money we have used, and it won't be easy to get that money. We can only be careful when gambling and don't be easily tempted by the offers we see in gambling.

[klidex]

~snip~

~~

For this reason, we must really be able to control ourselves and not chase losses because we have already lost from previous gambling games, and if we continue, our losses could become even greater. Only with limits on gambling can we prevent bigger losses so that we only gamble with the money we can afford and never exceed the limits we have set. Don't spend too much money gambling because later, we will regret seeing how much money we have used, and it won't be easy to get that money. We can only be careful when gambling and don't be easily tempted by the offers we see in gambling.

It's true that chasing losses will only make us experience more losses, therefore we have to use it in a disciplined and responsible manner be able to control ourselves well and not be too ambitious to win because it is very risky if we have existing ambitions it will be difficult for us to control ourselves and find it difficult to limit spending so this will make us addicted and have an impact on our financial health, apart from that it will also make us experience mental stress and this is not very good, to avoid bad things we must be able to prevent them first by reduce gambling gradually.

[kotajikikox]

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

How can we assume when the picture says nothing but the standing balance and the option to cash out? there is no even connected photo about what had happened or even Link pointing to that article?

But considering that this is a general question ? then for me It is not either greed or risk until we see what happened after that photo.

and also if you are going to ask me? i will not greed to not cash out that money , it is enough to feed my family for 2 months lol.or I can upgrade my Bike before christmass  

[retreat]

We all here understand that gambling is about taking risks and what he is doing is clearly taking risks by gambling that much money. Of course he has his own analysis and belief that the team he holds will win. And with various considerations he made, he took the risk by betting this amount of money on his favorite team to win the prize. So I can say that it's about taking risks, not greed.

[maydna]

~snip~

It's true that chasing losses will only make us experience more losses, therefore we have to use it in a disciplined and responsible manner be able to control ourselves well and not be too ambitious to win because it is very risky if we have existing ambitions it will be difficult for us to control ourselves and find it difficult to limit spending so this will make us addicted and have an impact on our financial health, apart from that it will also make us experience mental stress and this is not very good, to avoid bad things we must be able to prevent them first by reduce gambling gradually.

Discipline and responsibility are very necessary if we want to gamble, and we have to learn them before we start gambling, even if we don't really master them. With discipline and responsibility, we can prevent bigger losses and stop gambling, whatever the conditions. We will pay more attention to ourselves and will not let ourselves experience a lot of losses, let alone spend all the money, because it is not necessary at all. We can gamble with just enough money and can decide to stop gambling before things turn bad. We don't need to have ambitions to win from gambling because gambling is not a place to make money, and we just need to enjoy gambling and not gamble excessively. If we can stay within the limits, we will not worry about future problems, including not worrying about gambling addiction, because we can overcome it so that it does not influence us to continue gambling.

[LUCKMCFLY]

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.

It is very true, every time we make any type of bets in a casino we win, because it is obvious that we want to continue winning more and this is something that impels us to continue in the game, so we must consider that we are not like this making bets and winning , we can also make a big bet and lose a big bet, and that is something that hits us hard in the pocket , because we have bet a lot, so in this case what I do is change to Strategy , that is, now I don't bet big , what I do is bet With very little money, that is, the minimum bet, this so that I can pass the level of adrenilian generated by having been winning and lower my spirits, emcoines and everything that has to do with emotion of playing, then we could say that greed can be present in these cases, but it is not that it is decisive, everything that can be done through money has to be managed , money is delicate , especially when it is risked.

When we bet we Always make a quick or long-term Prediction , because you have thought about why you can win and what the odds are, other types of considerations are or can be evaluated but in part all we need is to do our right argument. be able to emerge Victorious , and this has a lot to do with what can be put at risk, if we have little money, it is irresponsible for us to risk it in a bet, or in a casino, because it is irrelevant that with little we want to think that leaving everything to luck, things can turn out well for us and suddenly they don't , because we are left with the worst or nothing , and I think that is not an irresponsible game, it opens up more to greed and greed makes us lose absolutely everything, then that I feel like when you have it, you have to erase it , try to get it out of your mind because it's not Healthy to have it, but that's my way of thinking, I think it's the best , from my own Experience.

[klidex]

~snip~

~~

Discipline and responsibility are very necessary if we want to gamble, and we have to learn them before we start gambling, even if we don't really master them. With discipline and responsibility, we can prevent bigger losses and stop gambling, whatever the conditions. We will pay more attention to ourselves and will not let ourselves experience a lot of losses, let alone spend all the money, because it is not necessary at all. We can gamble with just enough money and can decide to stop gambling before things turn bad. We don't need to have ambitions to win from gambling because gambling is not a place to make money, and we just need to enjoy gambling and not gamble excessively. If we can stay within the limits, we will not worry about future problems, including not worrying about gambling addiction, because we can overcome it so that it does not influence us to continue gambling.

Apart from this, we also have to exercise self-control, we have to be able to control ourselves well, not easily control our finances emotionally so that we don't overdo it, maybe with these limits, someone can stop if the money runs out, don't chase losses too much because that will make things worse. finances are getting worse, and I agree with you that gambling is not a place to make money but just for entertainment. If we win, it means luck is on our side. Don't think too much about whether gambling will provide continuous profits because that rarely happens. Gambling will only give a profit once or twice after which we will experience continuous losses.

[Crypt0Gore]

It's all about taking risks, accepted, if the gambler is ready to face the consequences, or let's say that he can afford the lose then it's not greediness, to me it depends on the gambler, if he his worth millions in his local currencies then he can simply afford to risk this much, stop comparing yourself to others, if you can't afford to lose this amount OP it's because you don't have much, and if it's you I bet you wouldn't have risk this much.

Everyone should know their limits and capacity when gambling, over doing it is what leads to unwanted results, if I can afford to lose $1000 in every rounds on slots game then I must worth millions of dollars in my bank account, some will say this is too much but this is how I do my own things.

Before I started using things that costs be $150 I already have like $2000 in my bank account, before I purchased my $400 dollars laptop I already have over $10,000, this is what we should call been able to afford something, now in gambling, I am able to risk few dollars like $20-$50 and that's because I can comfortably afford losing this amount.

All gamblers need to wager only what they can afford, risk acceptance should be based on your whole income and your worth, don't just say that because you want to take risks or because gambling is all about risks then you should use all you have, you will likely go broke fast and start begging people for money.

[Natsuu]

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.

Some gamblers are just chill in betting high because they can afford to lose that much money.Like that  friend owning the bet slip seems to have nerves of it. They're not sweating the risk and are just letting it ride. It's all about trusting the platform and having that confidence in their choices. For them, it's not about greed but rather a laid-back attitude and a pocket deep enough to handle the outcome. It's like saying, "Hey, I can handle this, no biggie!" We all have our own ways of dealing with these things. For some, it's about enjoying the thrill without the worry, and if you've got the means, why not? It’s a game we all have to be responsible for in playing

[FanEagle]

I think getting greedy while gambling is not a big deal, it is gambling after all and we are all making bets that are big risks of us losing all our money as well, that just doesn't make sense to give up that early and not really look for something bigger.

I understand that it may feel like you could take the money and consider that as profit, but five minutes later you are going to bet that on something else anyway, and I mean if you want to quit and then quit gambling all together after getting that win then I am not saying anything about it, you could do that and that's understandable, but if you are going to keep gambling and not quit gambling, it doesn't feel like it is a bigger risk to continue with the bet and expecting bigger return, then trying to get out, that doesn't feel like any big difference in the end. I feel like if I am going to keep gambling at some other game and risk my money, then I am willing to end up risking it with continue with this bet too.

[Silberman]

Some gamblers are just chill in betting high because they can afford to lose that much money.Like that  friend owning the bet slip seems to have nerves of it. They're not sweating the risk and are just letting it ride. It's all about trusting the platform and having that confidence in their choices. For them, it's not about greed but rather a laid-back attitude and a pocket deep enough to handle the outcome. It's like saying, "Hey, I can handle this, no biggie!" We all have our own ways of dealing with these things. For some, it's about enjoying the thrill without the worry, and if you've got the means, why not? It’s a game we all have to be responsible for in playing

In a way you have a point, since every person deals with specific circumstances in a different way, but at the same time this laid-back attitude can be quite dangerous, as I have known a few people that had that attitude and they never took anything seriously as if everything was under control, and when they finally realized this was not the case they were in deep trouble already for which it will take them a massive amount of effort to get out of it.

[maydna]

~snip~

It is very true, every time we make any type of bets in a casino we win, because it is obvious that we want to continue winning more and this is something that impels us to continue in the game, so we must consider that we are not like this making bets and winning , we can also make a big bet and lose a big bet, and that is something that hits us hard in the pocket , because we have bet a lot, so in this case what I do is change to Strategy , that is, now I don't bet big , what I do is bet With very little money, that is, the minimum bet, this so that I can pass the level of adrenilian generated by having been winning and lower my spirits, emcoines and everything that has to do with emotion of playing, then we could say that greed can be present in these cases, but it is not that it is decisive, everything that can be done through money has to be managed , money is delicate , especially when it is risked.

When we bet we Always make a quick or long-term Prediction , because you have thought about why you can win and what the odds are, other types of considerations are or can be evaluated but in part all we need is to do our right argument. be able to emerge Victorious , and this has a lot to do with what can be put at risk, if we have little money, it is irresponsible for us to risk it in a bet, or in a casino, because it is irrelevant that with little we want to think that leaving everything to luck, things can turn out well for us and suddenly they don't , because we are left with the worst or nothing , and I think that is not an irresponsible game, it opens up more to greed and greed makes us lose absolutely everything, then that I feel like when you have it, you have to erase it , try to get it out of your mind because it's not Healthy to have it, but that's my way of thinking, I think it's the best , from my own Experience.

You have to be able to control yourself after getting that big win and continue to restrain yourself because if you lose control of yourself, you will definitely continue gambling. There is a possibility that you will increase the amount of the bet because you definitely think that by increasing the amount of the bet, you will win. Lots. If what you want comes true, you will definitely be happy, but not so, friend, because gambling is not your friend, so you will feel sad when you experience defeat. But if you can then reduce your betting level to very little, congratulations because you can realize that you made a mistake and immediately correct it before you lose more money, and that is progress for you because you can realize it. Casinos are not a place to make money, that is what you have to realize and understand, and you don't need to torture yourself by placing large bets because that means you will experience quite a lot of losses.

There is no need to make quick or long-term predictions because you will not always be able to win, so you can enjoy your bet and don't expect much from your bet. If you win, congratulations, but if you lose, you don't need to be too disappointed because it is your fate to lose. Still, there is a possibility that you can win another day, so what you need to do is immediately stop gambling and leave the casino. You will only be able to win a little if you have luck, and we already know that for sure because many people try to gamble more often, but they end up losing more. Surprising. But that's how it is, so in this case, you are the one who controls everything, including the money, and don't be fooled by what you see out there because it won't always be what you imagine. Moreover, we all have more experience than other people out there, so we can overcome this so as not to gamble excessively. We can remain consistent in managing our gambling activities because we don't want to experience big problems such as gambling addiction.

~snip~

Apart from this, we also have to exercise self-control, we have to be able to control ourselves well, not easily control our finances emotionally so that we don't overdo it, maybe with these limits, someone can stop if the money runs out, don't chase losses too much because that will make things worse. finances are getting worse, and I agree with you that gambling is not a place to make money but just for entertainment. If we win, it means luck is on our side. Don't think too much about whether gambling will provide continuous profits because that rarely happens. Gambling will only give a profit once or twice after which we will experience continuous losses.

Yes, you are right because, with self-control, we can save ourselves and not become emotional as other people experience. We can regulate our gambling activities so that we don't overdo it and also don't chase losses because we already know that if we do, we will potentially experience more severe losses. All the money may also be lost. That's what we have to realize and try to stop it so that we avoid bad things that might happen after we finish gambling. Don't underestimate anything that looks simple because gambling can make us more interested in it, and in the end, we won't be able to get out of gambling easily. We have seen what happens and is experienced by other people from gambling, so we must always be committed to always protecting ourselves so that we are not greedy in pursuing bigger results.

[Onyeeze]

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.

Sometimes to take risk in a gambling matters and it do cause more profit, we all know that playing a gambling is also a risk and greediness because what prompted us to gamble is because of multiplying of our funds and sometimes it can be called greediness, so gambling is something you have to know your target in profit so that you will not lose because of a process of accumulating your funds, so greediness is a part of risk in gambling but people do not see it like, so what they are after is to criticise greediness why greedy is a risk we take both trading and gambling

[salad daging]

I think getting greedy while gambling is not a big deal, it is gambling after all and we are all making bets that are big risks of us losing all our money as well, that just doesn't make sense to give up that early and not really look for something bigger.

In gambling, we want to win big, so doubling the bet is something many people do, even though it is called greedy, it is normal in gambling because the emotional nature of wanting to win big becomes high, especially when betting on sports betting with the favorite team, it is clear that many of them increase their bets his.

It's not unreasonable, but if they do too much then it will be bad for themselves, so forcing high amounts while using money that they are not ready to lose may be a problem for them.

Sometimes when we play any game, if we win, we feel like we want to increase our bet, so that's a natural thing.

[ChiBitCTy]

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 don't really see how an initial bet could be considered greed. I agree with them that it's really about risk and not greed. I guess you could view a bet as being greedy if lets say you placed a large bet and won a bunch of money and then all of a sudden that person decides to place another bet, one they had not planned on making, and one they weren't really prepared for, but were "greedy" having won a bunch of money just recently and thought that their hot streak/good luck would continue just because.  Now to me, that's greed.