Greed or risk

[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.

[oktana]

This is neither greed nor risk but a combination of both of them. It is the greed of trying to win more that makes people take bigger and unnecessary risk forgetting that there is now a bigger potential loss. Most people gamble out of greed and don’t know it. It mustn’t be a large amount to be greed, it’s mostly about the intention. A better way to put this is when someone is trying to win something beyond the reasonable or necessary limit than they should.

[Iroh]

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

Undoubtedly, greed is present in the heart and mind of a considerable number of gamblers whenever they bet on a game. They’re all about how much and how big the amount they stand to get if the game turns out favorable.
But not everyone is greedy when it comes to staking a bet.
No doubt, the money to be won is the ultimate reward when betting, I’d like to think there are people who bet not quite for the money to be gotten if lucky enough but mostly for the thrill and suspense they get out of it.
These set of people do not gamble in the hope of getting some sort of income from it.

[wallet4bitcoin]

There are loads of people gambling with various motives, and most people are gutted when it comes to gambling, its either the price or nothing.

They'd prefer to loose out on a huge sum as they've calculated the expected outcome and have decided to sacrifice whatever it is that they have committed to betting on that particualr game. I will call it risk rather than greed.

[Nerdy doctor]

I’ll have to side with your friend on this one. I think greed could play a role in the decision making of some people who actively gamble. But I think in this particular case, your friend was willing to take the risk despite given the opportunity to withdraw a certain sum and see if his bets would still play out like predicted. That’s literally gambling. Risking a partial sum to actually see if you’ll be able to get the total win.
Gambling is all about taking risks like your friend mentioned. Although, if lucky, your risk taking could yield some good profits. Your friend was also lucky as he took the risk and was able to win a bigger profit.

[Westinhome]

This is neither greed nor risk but a combination of both of them. It is the greed of trying to win more that makes people take bigger and unnecessary risk forgetting that there is now a bigger potential loss. Most people gamble out of greed and don’t know it. It mustn’t be a large amount to be greed, it’s mostly about the intention. A better way to put this is when someone is trying to win something beyond the reasonable or necessary limit than they should.

Being greedy in the gambling is the positive one in the gambling,because by the greedy we can make the high target as compared to the normal gamblers.The risk of the dollars alone make you made the big win in the gambling,but you should understand risk of the dollars also made you loss.But the gambler will not see the loss in the gambling,because they know themselves the gambling will give the gambler return with more dollars in the same gambling game.Some gambler think the greedy will make the gambler loss the full money,their is the risk of the dollars.But we are not going to share the gambling sites our profit from the gambling sites.

[uchegod-21]

There are loads of people gambling with various motives, and most people are gutted when it comes to gambling, its either the price or nothing.

They'd prefer to loose out on a huge sum as they've calculated the expected outcome and have decided to sacrifice whatever it is that they have committed to betting on that particualr game. I will call it risk rather than greed.

That is what gambling is all about,  risk taking! While any normal person will quickly cash out what's available rather than chase clout, the gambler was still determined to pursue the ultimate price. While many will call it greed,  I believe the gambler is gambling with what he can afford to lose and no emotions attached. If he can risk it, let him do it and if he losses, it is solely his business. As for me , I am not brave enough to refuse an  initial offer when the game is purely a game of luck. I will cash out immediately and come back another day

[danherbias07]

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.

It's not, it became a part of it. Gambling and Greed are like twin brothers, most gamblers will take risks and try to win more feeling luck is on their side and it won't let go that easily.
I don't believe much in luck though. I believe in the system and I know that every time the gambling site gives us a multi-win affiliated with it is a streak of losses that will come afterward. Then, it will slightly recover all that money without us noticing it. Sure, it will give more x2 and x5 but it won't give the same multi-win in a few bets.
That is why the most greedy will find themselves losing in casino games today. The provably fair part is only a front and we will still end up losing in the future.
Be wise, take the profits if you can. Don't gamble it more just in exchange for an addition of $1 or $2 or worse things may happen.

[AicecreaME]

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

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

Same sentiments.

If he can afford to make the bet without relying on borrowing from a friend or taking a loan, then let him. It's not as if you're also going to be in trouble if he fails his bet. That person is probably well-aware of the consequences of his actions. If not, at least you got to tell him the possible repercussions.

When we see people taking big risks, it's okay if we criticize, but not in an aggressive manner. I know you want to prove your point, but making an argument will not really make them change their mind unless you do it in an assertive manner. It's good to be concerned, but we shouldn't shove our belief or thinking what's good, better, or what's not to other people. They should still decide on their own. May it be a greedy move or just merely risking, it's none of your biz, so just stay out of it especially if they don't want to hear your unsolicited opinion. If you already gave one out of looking after them, I guess that's enough.

[BitcoinTurk]

I think this situation varies entirely depending on the person's preference, budget and risk threshold. Gambling is an activity that we always undertake by taking risks and the bet amount varies depending on the person's budget. That is the bet amount in question should be evaluated depending on this person's gambling budget. For example, if this person will not be negatively affected if he loses this amount it would be more accurate to call it a risk but if the person will be negatively affected if this bet loses it would be more accurate to state that this is greed.

So, in order to give a clear answer here I think it is also important to know how this bet affects one's financial situation and gambling budget. Of course, the amount in question is not a small amount but as I mentioned the importance of this amount varies from person to person.

[Jawhead999]

That is what gambling is all about,  risk taking! While any normal person will quickly cash out what's available rather than chase clout, the gambler was still determined to pursue the ultimate price. While many will call it greed,  I believe the gambler is gambling with what he can afford to lose and no emotions attached. If he can risk it, let him do it and if he losses, it is solely his business. As for me , I am not brave enough to refuse an  initial offer when the game is purely a game of luck. I will cash out immediately and come back another day

Actually that's greedy when you can't enjoy your winnings, if you keep gamble using your winnings in hoping you can make more and then withdraw it, it's really hard to achieve and you always feel not enough everytime.

A gambler need to know when to stop or they will keep gamble until they lose everything.

[Docnaster]

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.

I don't actually know the basis of your argument with your friend but looking at the image and the odd for the away team to win the game which was also the option of the person that played the bet, you'll know that the match has already been played and the betting company then gave him the option of cashing out his win not that it was an initial cash out option before the end of the match the bet was placed upon

[fzkto]

There are loads of people gambling with various motives, and most people are gutted when it comes to gambling, its either the price or nothing.

They'd prefer to loose out on a huge sum as they've calculated the expected outcome and have decided to sacrifice whatever it is that they have committed to betting on that particualr game. I will call it risk rather than greed.

Probably it is both risk and greed, because a person takes risks trying to earn money. Greed is the amount of money a person is willing to risk. It seems to me that it can be not only gambling, you can see these qualities in cryptocurrency as well. Many people risk money by buying, for example, meme coins to make a quick profit.

[carlisle1]

There are loads of people gambling with various motives, and most people are gutted when it comes to gambling, its either the price or nothing.

They'd prefer to loose out on a huge sum as they've calculated the expected outcome and have decided to sacrifice whatever it is that they have committed to betting on that particualr game. I will call it risk rather than greed.

That is the essence of gambling to make people assume they are winning against the table/banker but the reality lies that no they cannot, gambling tables are created to bring the owner as Money making machine , this flows money for every gambling owner and taking every cents in gamblers , so they are not calculating their possible winning over capital instead they are already addicted into it.
and they cannot prevent themselves to gamble and losing everything for the sake of playing.because even how much they won? still they will gamble and lose them all.

[benalexis12]

There are loads of people gambling with various motives, and most people are gutted when it comes to gambling, its either the price or nothing.

They'd prefer to loose out on a huge sum as they've calculated the expected outcome and have decided to sacrifice whatever it is that they have committed to betting on that particualr game. I will call it risk rather than greed.

That is the essence of gambling to make people assume they are winning against the table/banker but the reality lies that no they cannot, gambling tables are created to bring the owner as Money making machine , this flows money for every gambling owner and taking every cents in gamblers , so they are not calculating their possible winning over capital instead they are already addicted into it.
and they cannot prevent themselves to gamble and losing everything for the sake of playing.because even how much they won? still they will gamble and lose them all.

There are also other gamblers, because when they notice that they are lucky in gambling and win consecutively, they feel that they can beat the bankroll. It's like this: you were created by a creator, and then you, who created you, think you can lose the creator of you.

You know what it means to point out; this is something that other gamblers don't understand. That's why the house edge often wins because they control the game, and they can also choose who they want to win as a gambler. That's why there are often many gamblers who win what should be a large amount and then lose in the end. They should already know that.

[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.

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

It is my belief that sometimes excessive greed helps a gambler earn more money but in most cases excessive greed never results in good results. I know a gambler who started gambling with a small amount of money and won $500. At the beginning of gambling, he never expected to earn $500, but when he earned $500, his greed increased. Due to his excessive greed he did not withdraw the money he was earning but with that money he tried to gamble more and in the second phase when he started gambling it was a period of downfall in his gambling career. In the second step he gambled and lost his $500 and he again borrowed money and gambled to earn $500 and lost it and now he is much more in debt. 

In the first phase, when he was earning $500, he would not have been in so much debt if he had not been overly greedy. However I think that one should always limit one's greed and never take one's greed to extremes.

[fullhdpixel]

There are loads of people gambling with various motives, and most people are gutted when it comes to gambling, its either the price or nothing.

They'd prefer to loose out on a huge sum as they've calculated the expected outcome and have decided to sacrifice whatever it is that they have committed to betting on that particualr game. I will call it risk rather than greed.

Probably it is both risk and greed, because a person takes risks trying to earn money. Greed is the amount of money a person is willing to risk. It seems to me that it can be not only gambling, you can see these qualities in cryptocurrency as well. Many people risk money by buying, for example, meme coins to make a quick profit.

Well, not really. Greed is an excessive desire to get more of something that you already have or want to have, especially if it's money, wealth, or anything valuable. What you are describing is called taking risks, when you are using money from your pocket to win a reward or anything, greed is when you have won something but you want to win even more, and you risk what you have won to win more because you have a strong desire to have more than what you already have.

However, in the case we are discussing, we can and cannot consider it greedy because the outcome was yet to be declared in the case of OP's friend and since he could see that his bet would become successful, he didn't cash it out and wanted to risk his base bet and hope to win the bet.

[sompitonov]

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

It is my belief that sometimes excessive greed helps a gambler earn more money but in most cases excessive greed never results in good results. I know a gambler who started gambling with a small amount of money and won $500. At the beginning of gambling, he never expected to earn $500, but when he earned $500, his greed increased. Due to his excessive greed he did not withdraw the money he was earning but with that money he tried to gamble more and in the second phase when he started gambling it was a period of downfall in his gambling career. In the second step he gambled and lost his $500 and he again borrowed money and gambled to earn $500 and lost it and now he is much more in debt. 

In the first phase, when he was earning $500, he would not have been in so much debt if he had not been overly greedy. However I think that one should always limit one's greed and never take one's greed to extremes.

This must be controlled greed, this is the only way professionals make money. I even noticed that professional gamblers still have a competitive spirit, just like in big sports, they constantly want to improve themselves, draw conclusions from mistakes and not only from their own. Some of them play sports, such as basketball at the amateur level. They want to be better than others in everything, so they achieve excellent results in gambling.

For example, in poker, they very carefully and disciplinedly moved up the limits, and if they needed to go back to increase the bankroll, they did it, rather than taking uncontrollable risk at a high limit at which they lost the allowable deposit.

[Josefjix]

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.

That game was depicted, and numerous gamblers profited substantially from it because it was crystal readily apparent, Barcelona vs Real is El Classico match, and Real Madrid won that game with a score of 2-1. There are two possibilities here: either he is financially stable or he is still striving to get out of the financial crisis. He actually wagered Real Madrid to win Barcelona in the El Classico game, and if he staked the game with such significant figures, it implies he's confidence in the side he's ready to stake a significant amount on without nervousness.