summonerrk
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2023, 11:28:09 AM |
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Honestly, no matter how good the knowledge is it will be useless if you don't apply your knowledge at the right time. Those who become greedy for gambling lose their wisdom. Betting bigger to get more then risk losing greed can have a profound effect on individuals causing significant problems in many areas of their lives. The urge to gamble can quickly turn into a compulsion that is difficult to control most of the time is passed by gambling or thinking about gambling. Ready to make big bets day in and day out proper planning can prevent a person from doing bad things. Also if the person has to control himself then it is easy to avoid damage if he can control his emotions.
Every gambler who has problems with a strong passion for betting goes through a typical path. The loss of self-control always begins with a big win, after which the gambler devalues the concept of money. He doesn't want to work anymore, he thinks he can make money gambling. After that, he loses all the winnings and starts taking on debts. After that, he makes another gross mistake: he thinks that he can recoup and close debts, but in fact he "buries" himself deeper.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2023, 12:21:30 PM |
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Not all gamblers that plays with a small amount of money in order to win big amount do so out of greed it could be that the small money of $10 was the amount they had with them at the time of making the bet, some however, do use small amounts as a means to be able to have many chances of playing to try their luck instead of using all of the money at ones. While some are just mere greed, they want to win even more than a $100 with just $5, even if it's possible with luck setting in but it's rare to happen and before it does you could have lost many times more than whatever amount you will be winning.
Yes, that's true because each gambler has a different fund allocation so they will gamble based on their fund allocation. But most gamblers who use small bets and can win large amounts of money will try to gamble again to win even more. Even though it is not recommended, that is what happens to many gamblers so it only increases the number of losses later. We cannot hope that luck will remain with us in the next round so that the final result will remain uncertain whether we win or lose. They may only be able to continue gambling but have to accept the risk if they lose because they desire to continue gambling.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Jody.Drummer
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2023, 12:37:10 PM |
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Honestly, no matter how good the knowledge is it will be useless if you don't apply your knowledge at the right time. Those who become greedy for gambling lose their wisdom. Betting bigger to get more then risk losing greed can have a profound effect on individuals causing significant problems in many areas of their lives. The urge to gamble can quickly turn into a compulsion that is difficult to control most of the time is passed by gambling or thinking about gambling. Ready to make big bets day in and day out proper planning can prevent a person from doing bad things. Also if the person has to control himself then it is easy to avoid damage if he can control his emotions.
Every gambler who has problems with a strong passion for betting goes through a typical path. The loss of self-control always begins with a big win, after which the gambler devalues the concept of money. He doesn't want to work anymore, he thinks he can make money gambling. After that, he loses all the winnings and starts taking on debts. After that, he makes another gross mistake: he thinks that he can recoup and close debts, but in fact he "buries" himself deeper. Yes of course, for people who have a personality and character that is easily emotional or provoked about anything that turns out the end result is not in accordance with what they want then the conditions will be even more complicated, not only in gambling but in real life it also applies, especially in gambling that usually a gambler is required to have self-control and emotions that then while on the other hand usually defeat will occur more often than victory, so of course I think such people will be very down with the unusual impact of uncontrolled gambling. A big win is not the end of the world or that means it's not a real win, because everyone has different desires and expectations, like humans usually most have greed in them and usually when they get a win then instead of withdrawing the money from the win but instead act out of control that is greedy with the intention of getting a bigger win and finally all the winnings he has got are lost again because his luck has run out. Honestly, it is very dangerous if someone has devalued the concept of money, but it is very likely to happen when they get a win that they think is easy to get when on the other hand they are just lucky.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Ever-young
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2023, 01:35:34 PM |
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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. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F10%2F28%2FTBmu8.jpeg&t=665&c=UF_EYQ9lMT2Wgg) First of, that amount there isn't the available cashout value, that's the Potential win. The game is 2.7 odds and was played with 1M to give you a potential value of 2.7M. but if eventually that was actually the cashout value, Whether I take out the cash out or not depends completely on my financial status or my bankroll and also the level of risk I took in staking the game. Let's say I used 1M to stake a game and I'm expecting a potential win of 10M and then I'm seeing a cashout of 2M. Or 3M, I sure won't take the cashout, I'll let the game finish and be prepared for the outcome. But if I'm expecting a 3M or 4M potential win and then I see a 2.7M cashout, hell yeah I'll take it out cos it would be greedy of me to let that amount slip off my finger and I'm uncertain about the outcome the game.
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DubemIfedigbo001
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2023, 02:20:05 PM |
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Well, in this scenario, its greed to a low income person and risk to a high income person. For someone who's financial situation isn't really affected by the outcome of the bet, he's just trying to catch cruise and make a point to probably his friends that a certain team can win by betting. He sees it as a risk and just feels good while its going in his Favour. His heart doesn't skip a beat even if the outcome travels in an opposite direction. He is financially stable and all these are mere fun to him. Unlike someone who places bets and casts his hope on the outcome of the bet, that kind of not so well off guy on seeing this cashout and leaves the match to continue rolling is really playing with fire and for me, that's greed on his path because its clear that he's almost got all his gains remaining almost nothing and such greed can be very costly because football isn't mathematics and anything, even the unthinkable can happen in the blink of an eye. I'm not gonna pity him at all if the tables turns around.
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Blitzboy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2023, 02:35:12 PM |
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How would one in the first play invest with a range of $10 and expecting to win $100 with the stake with no stress in just matter of seconds, hours for a just a day? What ever the nature of gambling would be, it is indeed a game of greed and change change it. Though such a game as shown if lost at last is apparently a greed. Such person's are likely not beholding to responsible gambling.
It is possible to play with a small amount of $10 and win $100 in return. It’s a slim possibility for having a win but one nevertheless. Such games I’ve personally seen are football games having a large number of games to be played. I wouldn’t say games played with such amounts are played entirely cause of greed. Some play having crazy high hopes of a win while some play looking to see how many of their predictions came out correct. Such games like the one posted by the OP, if lost can’t be fully attributed to greed. It could also be poor decision making at the time. Some players who are willing to take the risk to see how the outcome would be keeping in mind that the outcome may not favor them. Indeed, gamblers can win $100 with a betting capital of $10, but that is very rare for most gamblers. Most gamblers will only lose that $10 and will be motivated to deposit more money to win the gambling game. They feel they can still gamble by depositing more money so they choose to deposit more money. Sports betting is a game that they can choose because they can bet with small stakes several times but they must have the ability to find a team that has a chance of winning. But gamblers should be careful because if they win and continue gambling, maybe they won't have much chance of winning again. And if they can't control their greed in gambling, they will only spend more money. To win, you must be more alert, control yourself, and not continue gambling. Yes, it is possible to turn $10 into $100 by betting on sports, which is similar to the idea of getting rich quickly. But isnt this the well-known gambler's fallacy? Many people get caught in a cycle of constant gaming because they think they are "due" a win. The odds are always in favor of the house; bettors will lose over time. You may ask, "What about inner strength?" It very important, but famously hard to find in the gambling world. The thrill of a possible win often gets in the way of making smart choices. Being aware and controlling your greed arent enough. You also need to see gambling for what it is: entertainment, not a safe way to make money. So, shouldnt we question whether its smart to expect to win all the time in a system thats set up to lose? People who can leave at the right time are the ones who really risk something.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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temple
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2023, 07:50:57 PM |
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How would one in the first play invest with a range of $10 and expecting to win $100 with the stake with no stress in just matter of seconds, hours for a just a day? What ever the nature of gambling would be, it is indeed a game of greed and change change it. Though such a game as shown if lost at last is apparently a greed. Such person's are likely not beholding to responsible gambling.
It is possible to play with a small amount of $10 and win $100 in return. It’s a slim possibility for having a win but one nevertheless. Such games I’ve personally seen are football games having a large number of games to be played. I wouldn’t say games played with such amounts are played entirely cause of greed. Some play having crazy high hopes of a win while some play looking to see how many of their predictions came out correct. Such games like the one posted by the OP, if lost can’t be fully attributed to greed. It could also be poor decision making at the time. Some players who are willing to take the risk to see how the outcome would be keeping in mind that the outcome may not favor them. Indeed, gamblers can win $100 with a betting capital of $10, but that is very rare for most gamblers. Most gamblers will only lose that $10 and will be motivated to deposit more money to win the gambling game. They feel they can still gamble by depositing more money so they choose to deposit more money. Sports betting is a game that they can choose because they can bet with small stakes several times but they must have the ability to find a team that has a chance of winning. But gamblers should be careful because if they win and continue gambling, maybe they won't have much chance of winning again. And if they can't control their greed in gambling, they will only spend more money. To win, you must be more alert, control yourself, and not continue gambling. I think the bigger problem is that if it works once, the gambler thinks that it can work multiple times. But what is the probability that it works once and then it doesn't work several times in a row? That probability is pretty high and it could mislead a gambler into thinking that he has done the right things instead of just realizing that they got lucky. This really is a common trap because I have seen many people thinking they are geniuses because they won this one impossible jackpot maybe in betting, blackjack, poker or some other game. That's where bad things can get started.
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Miles2006
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2023, 07:58:54 PM |
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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.
When it comes to gambling we are all different, we have different ways of seeing things in terms of taking risks and cashing out early, your friend is ok with taking risks so you have to respect that, each one of us has a different personality when it comes to gambling, some are very careful, some careless and some has a risky behavior so we have to respect their decision as long as they don't regret their decision and they are comfortable with it. It will also cause a rift between you and your friend if you keep interfering with your friend's decision, so let him decide for himself. Greed or not I think that's what the person wants and we should respect the decision, he felt like he will earn more and it seems he can take risks, I will not call it greed but he just want more, it's obvious everyone wants more and nobody will decide to settle for less. But I will peacefully cash out my money to avoid stories that touches the heart. Every gambler must exhibit one of this habit, being careful or careless and that's normal because we must not be the same, it's best to choose what's best for ourselves, when it comes to our gambling life we should avoid taking risk to avoid depression.
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Wiwo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 01, 2023, 08:02:25 PM |
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Well, in this scenario, its greed to a low income person and risk to a high income person. For someone who's financial situation isn't really affected by the outcome of the bet, he's just trying to catch cruise and make a point to probably his friends that a certain team can win by betting. He sees it as a risk and just feels good while its going in his Favour. His heart doesn't skip a beat even if the outcome travels in an opposite direction. He is financially stable and all these are mere fun to him. Unlike someone who places bets and casts his hope on the outcome of the bet, that kind of not so well off guy on seeing this cashout and leaves the match to continue rolling is really playing with fire and for me, that's greed on his path because its clear that he's almost got all his gains remaining almost nothing and such greed can be very costly because football isn't mathematics and anything, even the unthinkable can happen in the blink of an eye. I'm not gonna pity him at all if the tables turns around.
some time that is the class separations between rich forks and average person while comparing the level and rate of risk, but then also when it comes to risk vs greed, there are levels to that and at some point, we all have to accept the fact that greed is more dipper than risk and but the risk can give birth to greed but greed can never become risk most especially in a situation where the individual is taking a calculated risk at some point. When the rich get greedy we may tend to call it risk because their have the surplus to play around with, but in the end greed is greed and nothing to relate it to risk at all.
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ethereumhunter
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December 02, 2023, 10:05:38 AM |
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Yes, it is possible to turn $10 into $100 by betting on sports, which is similar to the idea of getting rich quickly. But isnt this the well-known gambler's fallacy? Many people get caught in a cycle of constant gaming because they think they are "due" a win. The odds are always in favor of the house; bettors will lose over time.
You may ask, "What about inner strength?" It very important, but famously hard to find in the gambling world. The thrill of a possible win often gets in the way of making smart choices. Being aware and controlling your greed arent enough. You also need to see gambling for what it is: entertainment, not a safe way to make money. So, shouldnt we question whether its smart to expect to win all the time in a system thats set up to lose? People who can leave at the right time are the ones who really risk something.
Maybe that's what makes gamblers think that they can get rich from gambling with little money so they continue gambling while trying to win several gambling games. That is the greed that comes to them, especially for those who manage to win from gambling because they don't know that the harder they try, the more they can experience a lot of losses. And it won't make them rich from gambling. The sensation of winning will blind them to the reality that they will receive if they continue gambling after winning. They will have difficulty winning the gambling game because they will not be able to win easily. That inner strength may work for them but most of the time, it won't work because it will go back to the people who have their luck. The more greedy we are to get more wins, the more money we can lose, so we have to know ourselves by limiting the money we spend on gambling. Besides, it's not worth doing, especially since we're just small gamblers who only use a little money to gamble. I think the bigger problem is that if it works once, the gambler thinks that it can work multiple times. But what is the probability that it works once and then it doesn't work several times in a row? That probability is pretty high and it could mislead a gambler into thinking that he has done the right things instead of just realizing that they got lucky. This really is a common trap because I have seen many people thinking they are geniuses because they won this one impossible jackpot maybe in betting, blackjack, poker or some other game. That's where bad things can get started.
If this is successful, the gambler should be able to stop gambling rather than continue gambling because it will not always be successful in winning. They will not always be able to win and must be able to control their greed so that it does not create difficulties for them. By always controlling themselves when playing gambling, they will realize that winning is not easy and they have to have many things before they can win. Skill and luck are required to win so if they have already won, it is time to stop gambling and leave the casino.
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temple
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December 02, 2023, 10:59:53 AM |
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If this is successful, the gambler should be able to stop gambling rather than continue gambling because it will not always be successful in winning. They will not always be able to win and must be able to control their greed so that it does not create difficulties for them. By always controlling themselves when playing gambling, they will realize that winning is not easy and they have to have many things before they can win. Skill and luck are required to win so if they have already won, it is time to stop gambling and leave the casino.
But which gambler will simply stop? That is a very rare occasion and who gets to decide what is greed and what is the desire for relaxation and pleasure? It is like someone who loves to play poker and got lucky once big time. Telling that person to stop or believing that the person will top by themselves is not realistic. But I agree with you that in a perfect world if someone gets lucky one time and maybe makes a lot of money, the best would be to stop or to continue in such a moderate way that whatever the person won will never be at risk to be lost entirely.
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ethereumhunter
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December 02, 2023, 11:31:59 AM |
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But which gambler will simply stop? That is a very rare occasion and who gets to decide what is greed and what is the desire for relaxation and pleasure? It is like someone who loves to play poker and got lucky once big time. Telling that person to stop or believing that the person will top by themselves is not realistic.
But I agree with you that in a perfect world if someone gets lucky one time and maybe makes a lot of money, the best would be to stop or to continue in such a moderate way that whatever the person won will never be at risk to be lost entirely.
Gamblers who can just stop gambling are gamblers who have good self-control. When someone wants to continue gambling when they have won, perhaps it is because their greed has started to increase and if they cannot control themselves, they will only follow their lust to continue gambling. When that happens, a person will start to become addicted to gambling and if he continues to allow it, his gambling addiction will grow and he will not be able to control himself. We can only limit our gambling activities so that we don't experience gambling addiction as a result of greed and taking bigger risks. We control gambling activities and not greed controls it, so we must really control ourselves in gambling.
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temple
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2023, 03:35:12 PM |
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But which gambler will simply stop? That is a very rare occasion and who gets to decide what is greed and what is the desire for relaxation and pleasure? It is like someone who loves to play poker and got lucky once big time. Telling that person to stop or believing that the person will top by themselves is not realistic.
But I agree with you that in a perfect world if someone gets lucky one time and maybe makes a lot of money, the best would be to stop or to continue in such a moderate way that whatever the person won will never be at risk to be lost entirely.
Gamblers who can just stop gambling are gamblers who have good self-control. When someone wants to continue gambling when they have won, perhaps it is because their greed has started to increase and if they cannot control themselves, they will only follow their lust to continue gambling. When that happens, a person will start to become addicted to gambling and if he continues to allow it, his gambling addiction will grow and he will not be able to control himself. We can only limit our gambling activities so that we don't experience gambling addiction as a result of greed and taking bigger risks. We control gambling activities and not greed controls it, so we must really control ourselves in gambling. But sometimes I think it is also about exploiting momentum because let us take the example of poker and you have a damn lucky streak one evening playing cash game. Now because you have a lucky streak, you feel that everyone else at the table is tilting. You can notice because of the way they play. Should you now stop because you know you played bullshit but won ten showdowns in a row or should you now tighten up and keep playing solid poker? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think this is an interesting question as well because sometimes it just feels like it is your day. Does it have to do with greed or with riding a momentum?
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GigaBit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2023, 05:49:45 PM |
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Honestly, no matter how good the knowledge is it will be useless if you don't apply your knowledge at the right time. Those who become greedy for gambling lose their wisdom. Betting bigger to get more then risk losing greed can have a profound effect on individuals causing significant problems in many areas of their lives. The urge to gamble can quickly turn into a compulsion that is difficult to control most of the time is passed by gambling or thinking about gambling. Ready to make big bets day in and day out proper planning can prevent a person from doing bad things. Also if the person has to control himself then it is easy to avoid damage if he can control his emotions.
Every gambler who has problems with a strong passion for betting goes through a typical path. The loss of self-control always begins with a big win, after which the gambler devalues the concept of money. He doesn't want to work anymore, he thinks he can make money gambling. After that, he loses all the winnings and starts taking on debts. After that, he makes another gross mistake: he thinks that he can recoup and close debts, but in fact he "buries" himself deeper. Agreed, as said, it happens in reality. The more a person expects to win in gambling, the greater the extent of his greed. There are many gamblers who start thinking of gambling as their main activity and when they lose their money they become restless for debt. At one point, while paying that loan, a major disaster came in their lives. Although greed is common in gambling, when the gambler cannot control his excessive greed, he will go far away from his normal life. In gambling greed and risk are very common but that definitely will be in gamblers limitation. In gambling where a gambler can take a break from gambling whenever he needs is less likely to lose.
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sompitonov
Legendary
Offline
Activity: 1526
Merit: 1168
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December 02, 2023, 06:08:20 PM |
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Honestly, no matter how good the knowledge is it will be useless if you don't apply your knowledge at the right time. Those who become greedy for gambling lose their wisdom. Betting bigger to get more then risk losing greed can have a profound effect on individuals causing significant problems in many areas of their lives. The urge to gamble can quickly turn into a compulsion that is difficult to control most of the time is passed by gambling or thinking about gambling. Ready to make big bets day in and day out proper planning can prevent a person from doing bad things. Also if the person has to control himself then it is easy to avoid damage if he can control his emotions.
Every gambler who has problems with a strong passion for betting goes through a typical path. The loss of self-control always begins with a big win, after which the gambler devalues the concept of money. He doesn't want to work anymore, he thinks he can make money gambling. After that, he loses all the winnings and starts taking on debts. After that, he makes another gross mistake: he thinks that he can recoup and close debts, but in fact he "buries" himself deeper. Agreed, as said, it happens in reality. The more a person expects to win in gambling, the greater the extent of his greed. There are many gamblers who start thinking of gambling as their main activity and when they lose their money they become restless for debt. At one point, while paying that loan, a major disaster came in their lives. Although greed is common in gambling, when the gambler cannot control his excessive greed, he will go far away from his normal life. In gambling greed and risk are very common but that definitely will be in gamblers limitation. In gambling where a gambler can take a break from gambling whenever he needs is less likely to lose. In fact, this is a very difficult moment when the player is brought down to earth and destroys his illusions about constant earnings from gambling. He thought that now he would be able to pay off the loan for the house, but in reality it usually happens at the end of the month that he has nothing to feed his family. Here he can be completely devastated and continue to play because of his greed, which will of course be a complete mistake. If we want to start something like this, we must be prepared with a large reserve of money for 6 months - 1 year so that decisions in the game do not affect us and we do not think about how we will close one month. Probably, wild greed won't arise in us either.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2023, 08:18:47 AM |
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But sometimes I think it is also about exploiting momentum because let us take the example of poker and you have a damn lucky streak one evening playing cash game. Now because you have a lucky streak, you feel that everyone else at the table is tilting. You can notice because of the way they play. Should you now stop because you know you played bullshit but won ten showdowns in a row or should you now tighten up and keep playing solid poker? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think this is an interesting question as well because sometimes it just feels like it is your day. Does it have to do with greed or with riding a momentum? It is rare for a gambler to win ten fights in a row, even if it is only 3 wins. But if someone manages to win a gambling game 3 times, he should immediately end the gambling game because, in the next game, there is no guarantee that he will win again. If he can end his gambling game, he has acted wisely with his winnings and been careful with his money to avoid using too much money for gambling. It had something to do with greed because he also took advantage of his winning momentum by telling himself that he was lucky to win the gambling game. He must have thought that while he had won several times, at least he could add another win in the next round. But as I said, there is no guarantee he can win again in the next round.
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EarnOnVictor
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December 03, 2023, 10:07:13 AM |
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Does greed have anything to do with knowledge? Isn't it related to a person's nature and is a natural feeling that one has built within their mind since the beginning? Humans are born with some feelings and emotions, and greed is one of them, some people have a higher amount of greed in themselves just like some people are short-tempered and have a lot of anger in them, the same goes with sadness or jolliness, and every other feeling and emotion a person can have.
No matter how good their knowledge is, if someone cannot manage their emotions and mentality, including greed and panic, then it will not end well. You are right that the two support each other, but they are not the same. because after all, mental and emotional readiness when gambling is very important. This is to avoid various undesirable things, especially if it is related to being greedy with thoughts of going higher and higher. Meanwhile, in fact, they are also aware that with the knowledge they have, it is time to stop, but this uncontrolled greedy nature can be really bad, especially in gambling. And the odds are a big planner which will definitely be super interesting for people like this. Honestly, no matter how good the knowledge is it will be useless if you don't apply your knowledge at the right time. Those who become greedy for gambling lose their wisdom. Betting bigger to get more then risk losing greed can have a profound effect on individuals causing significant problems in many areas of their lives. The urge to gamble can quickly turn into a compulsion that is difficult to control most of the time is passed by gambling or thinking about gambling. Ready to make big bets day in and day out proper planning can prevent a person from doing bad things. Also if the person has to control himself then it is easy to avoid damage if he can control his emotions. Knowledge is a waste if we can't use it right, and the more we are not using the knowledge to build a good betting style and manage our account and also get to be practical with what we learn, the more it will be a waste of time. Imagine a gambler who is betting and betting and cannot stop, no matter what such has learned, it's a waste because emotion is ruling, and every other thing is secondary. Such would realise his errors only when he lost all or almost lost all the money in his betting account, so we fight that psychological part of ourselves when we bet, that is how anything we know can be fully utilized. This applies to when we are having losing or winning streaks, we should just be sure that we are in control and put a stop to it when we feel any iota of emotion. This is particularly good especially when we are even winning, and we've seen a big winner turned to a big loser in just a day.
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sompitonov
Legendary
Offline
Activity: 1526
Merit: 1168
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December 03, 2023, 10:17:00 AM |
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But sometimes I think it is also about exploiting momentum because let us take the example of poker and you have a damn lucky streak one evening playing cash game. Now because you have a lucky streak, you feel that everyone else at the table is tilting. You can notice because of the way they play. Should you now stop because you know you played bullshit but won ten showdowns in a row or should you now tighten up and keep playing solid poker? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think this is an interesting question as well because sometimes it just feels like it is your day. Does it have to do with greed or with riding a momentum? It is rare for a gambler to win ten fights in a row, even if it is only 3 wins. But if someone manages to win a gambling game 3 times, he should immediately end the gambling game because, in the next game, there is no guarantee that he will win again. If he can end his gambling game, he has acted wisely with his winnings and been careful with his money to avoid using too much money for gambling. It had something to do with greed because he also took advantage of his winning momentum by telling himself that he was lucky to win the gambling game. He must have thought that while he had won several times, at least he could add another win in the next round. But as I said, there is no guarantee he can win again in the next round. There are not many such players who can stop and walk away victorious to do this you need to have iron willpower, not everyone has that. And even if such a player is found, he will be tormented by the thought that his winning streak could definitely continue and the next day he will go and lose everything he won. Gambling sites know this, so they always try to remind you about themselves in an email or social network. In any case, I prefer to play for small stakes and have a lot of fun, sometimes I manage to leave gracefully, but still we know that we will definitely return, even if not the next day, then in a month.
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letteredhub
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December 03, 2023, 12:51:39 PM |
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Not all gamblers that plays with a small amount of money in order to win big amount do so out of greed it could be that the small money of $10 was the amount they had with them at the time of making the bet, some however, do use small amounts as a means to be able to have many chances of playing to try their luck instead of using all of the money at ones. While some are just mere greed, they want to win even more than a $100 with just $5, even if it's possible with luck setting in but it's rare to happen and before it does you could have lost many times more than whatever amount you will be winning.
Yes, that's true because each gambler has a different fund allocation so they will gamble based on their fund allocation. But most gamblers who use small bets and can win large amounts of money will try to gamble again to win even more. Even though it is not recommended, that is what happens to many gamblers so it only increases the number of losses later. We cannot hope that luck will remain with us in the next round so that the final result will remain uncertain whether we win or lose. They may only be able to continue gambling but have to accept the risk if they lose because they desire to continue gambling. A lack of satisfaction and high expectations is what makes some gamblers to still continue playing after having a win that was supposed to be taken as the achievement of the day but they get unsatisfied with the amount bethinking that maybe if they could try another bet again it might get them lucky to win again but it most times ends in loss. For the fact that I was lucky to win ones or probably twice at a row doesn't make it certain that I might continue in the winning streaks. Sometimes that one win after many times of losses for the day is just fortune own way of smiling at us so we don't go back home completely emptied.
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Weawant
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December 03, 2023, 01:04:03 PM |
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Every gambler who has problems with a strong passion for betting goes through a typical path. The loss of self-control always begins with a big win, after which the gambler devalues the concept of money. He doesn't want to work anymore, he thinks he can make money gambling. After that, he loses all the winnings and starts taking on debts. After that, he makes another gross mistake: he thinks that he can recoup and close debts, but in fact he "buries" himself deeper.
This is a cycle most common with most gamblers out there, they always think gambling will definitely pay the bills especially if it turns out they have been lucky at the casino for a quiet some time, they literally become more confident in gambling than normal. And this is how their mistakes grow till it turns out an addiction problem for them which turns out to cost them fortune especially when the start selling out their valuables and get a substitute with the mindset they they will win some day and replace that which they sold earlier to fund their gambling habit. Early winning actually causes them to become lazy because they will feel making money can be that easy.
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