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Author Topic: Greed or risk  (Read 3368 times)
summonerrk
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December 03, 2023, 04:44:12 PM
 #361

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.
I have long heard that when a beginner makes his first bet and wins, it is worse than when he loses. Maybe this is a bad example, but it’s like a fish swallowing bait, but after that the fisherman will catch it. After a win, especially a very big one, it seems that now our life is settled and if we need money the player will come there again, but instead of giving us the same winnings, the player will lose and end up leaving several times more money there than he brought initially . That's why players take out loans to win back, confidence begins to disappear, but it's too late, greed has completely taken over them. The risk taken was exceeded tenfold. To prevent this from happening, we must not allow greed to take over us. If a person is very greedy and risky, then it is better for him not to enter into this, because the probability of failure is quite high.

But sometimes players become addicted to gambling in a different way - they are unlucky on their first bets, but at the same time their friends, or one friend, are lucky. And they boast that they are smarter and much better versed in betting or roulette. And it is precisely this envy and rejection of the fact that the player himself is unlucky - he begins to play more and more, expecting that he will be lucky. But this does not happen, and then the player begins to lose money, playing first his own and then other people’s.

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December 03, 2023, 04:52:36 PM
 #362

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.

Who uses profit from gambling money as a source to pay household bills or any kind of bills. I think no one should be that stupid because when you are not sure if you will be able to earn anything, when you know that income from gambling is not stable and many times you will be in loss instead of profit, then how can we think of paying our monthly bills by gambling money.

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.

Yeah, gambling can make a person lazy if he thinks that he will solely earn from gambling.
When he do not earn from gambling, then he will sell his belongings to gamble more and hope if he can make income without any effort and just by gambling. To be honest, gamblers with such mindsets never succeed.

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December 03, 2023, 06:52:18 PM
 #363


I have long heard that when a beginner makes his first bet and wins, it is worse than when he loses. Maybe this is a bad example, but it’s like a fish swallowing bait, but after that the fisherman will catch it. After a win, especially a very big one, it seems that now our life is settled and if we need money the player will come there again, but instead of giving us the same winnings, the player will lose and end up leaving several times more money there than he brought initially . That's why players take out loans to win back, confidence begins to disappear, but it's too late, greed has completely taken over them. The risk taken was exceeded tenfold. To prevent this from happening, we must not allow greed to take over us. If a person is very greedy and risky, then it is better for him not to enter into this, because the probability of failure is quite high.

But sometimes players become addicted to gambling in a different way - they are unlucky on their first bets, but at the same time their friends, or one friend, are lucky. And they boast that they are smarter and much better versed in betting or roulette. And it is precisely this envy and rejection of the fact that the player himself is unlucky - he begins to play more and more, expecting that he will be lucky. But this does not happen, and then the player begins to lose money, playing first his own and then other people’s.

Basically gambling addiction can come or start from anything, even from the smallest things it can have an impact on gambling addiction, like your story here which starts with a jealousy that it turns out that they are not as lucky as their other friends in terms of winning gambling at the end of the session, and after that because of a sense of unacceptance that they are not as lucky as their friends, they will very likely make several attempts or even dozens of attempts in the hope of achieving satisfactory results or big wins to prove to their friends that they can also get big wins.

But will it happen? yes it is possible but the problem is how much money they have to sacrifice just to get such results, it is really unknown because luck can never be predicted when it comes and when it disappears. If they can't get a win like that to prove to their friend then obviously the more money they lose and this is where the addiction starts, then they are no longer looking for a win to prove to their friend but their goal is to gamble to get back the money they have lost, I think this is one scenario that is very likely to happen.

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Dewi Aries
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December 03, 2023, 08:06:18 PM
 #364

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.
I have long heard that when a beginner makes his first bet and wins, it is worse than when he loses. Maybe this is a bad example, but it’s like a fish swallowing bait, but after that the fisherman will catch it. After a win, especially a very big one, it seems that now our life is settled and if we need money the player will come there again, but instead of giving us the same winnings, the player will lose and end up leaving several times more money there than he brought initially . That's why players take out loans to win back, confidence begins to disappear, but it's too late, greed has completely taken over them. The risk taken was exceeded tenfold. To prevent this from happening, we must not allow greed to take over us. If a person is very greedy and risky, then it is better for him not to enter into this, because the probability of failure is quite high.

"Like a fish swallowing a bait" your scenario is very good at explaining things quite simply but clearly. Gamblers think that by winning everything will be over and they will feel great in that state without knowing that everything has just begun. If I were to give you a choice between $10 or $100 which would you choose? I know the answer would be to take the $100 because it's obviously a much bigger amount than $10, the same with someone who has just won money in gambling, if they get a $10 win they will think that "the win can be increased and more than this", they assume that it is a condition that will really give them a big win so they will continue to get their first $100.

Basically even if you withdraw $10 for example, you won't be able to escape or avoid the curiosity that is getting higher, in the sense that the next session your expectations are no longer about $10 but $100. This is the initial cycle of someone before entering the addiction phase, there is something like nicotine in their mind which means that the addiction begins to grow and emotions begin to increase because the answer in the second session is not what they expected. Impatience, loss of control, greed accompany them.
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December 03, 2023, 08:17:51 PM
 #365

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 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.

But I still don't get the idea why a specific moment to stop should be better than another moment for as long as I understand that gambling is a losing game if I only do it for a long enough period of time. Because maybe I do stop today, but what about tomorrow with my next session? 99.9999% of gamblers in the world don't stop gambling entirely and never touch it again when they had one lucky streak. That is the most unrealistic thing ever. Over time my lucky streak will turn into what it was supposed to be from the very beginning, a game that makes me lose money over a long period of time.
Well, it's OK that you used 99.9999 percent and not the word "all", because personally, I believe that it is very possible for a gambler to leave gambling and never try gambling again, ever, if he or she hits it big and manages to build a good business with the money.

Atleast, for a fact, I trust myself that, if luck locates me and I win up to a hundred thousand dollars from gambling tomorrow, I may never gamble again to be honest, except for what ever reason, I mismanaged the money, which is not possible at all, or that for what ever reason, my business isn't going well, which also Is not possible.

Overall, any gambler who is not addicted to gambling does have the potential and capability to quit gambling and never gamble again, but then, the need for more and more money will be the only reason why the gambler will keep coming back and back, over and over again.

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December 03, 2023, 08:52:26 PM
 #366

Well, it's OK that you used 99.9999 percent and not the word "all", because personally, I believe that it is very possible for a gambler to leave gambling and never try gambling again, ever, if he or she hits it big and manages to build a good business with the money.

Atleast, for a fact, I trust myself that, if luck locates me and I win up to a hundred thousand dollars from gambling tomorrow, I may never gamble again to be honest, except for what ever reason, I mismanaged the money, which is not possible at all, or that for what ever reason, my business isn't going well, which also Is not possible.

Overall, any gambler who is not addicted to gambling does have the potential and capability to quit gambling and never gamble again, but then, the need for more and more money will be the only reason why the gambler will keep coming back and back, over and over again.
I see things in the same way, while I do gamble from time to time if I was lucky enough to get a massive win you can be sure that despite my feelings of gratitude towards gambling due to such a happy occurrence, I will make sure to not gamble again, since I know very well that one of the most common mistakes gamblers make is to let greed control them, and they keep gambling hoping to get even more money from the casinos and lose it all during that process.
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December 03, 2023, 09:23:12 PM
 #367

Well, it's OK that you used 99.9999 percent and not the word "all", because personally, I believe that it is very possible for a gambler to leave gambling and never try gambling again, ever, if he or she hits it big and manages to build a good business with the money.

At least, for a fact, I trust myself that, if luck locates me and I win up to a hundred thousand dollars from gambling tomorrow, I may never gamble again to be honest, except for whatever reason, I mismanaged the money, which is not possible at all, or that for whatever reason, my business isn't going well, which also Is not possible.

Overall, any gambler who is not addicted to gambling does have the potential and capability to quit gambling and never gamble again, but then, the need for more and more money will be the only reason why the gambler will keep coming back and back, over and over again.
I see things in the same way, while I do gamble from time to time if I am lucky enough to get a massive win you can be sure that despite my feelings of gratitude towards gambling due to such a happy occurrence, I will make sure to not gamble again, since I know very well that one of the most common mistakes gamblers make is to let greed control them, and they keep gambling hoping to get even more money from the casinos and lose it all during that process.
Well for me, I may not take a total exit from gambling if I make a big win or hit a jackpot but I may likely take a short break from active gambling and for that, I may take a month or two to enjoy my winning and also limits my loses at all time, because by continues playing,  you may end in more loses at some point, then also greed may set in at some point in the process of being actively playing while you already made a winning.

Sometimes, what leads gamblers to lose more than they win is their inability to defeat their greed tendency and also chase a particular direction thinking that the result will repeat itself.

.
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December 03, 2023, 09:30:37 PM
 #368

Well, it's OK that you used 99.9999 percent and not the word "all", because personally, I believe that it is very possible for a gambler to leave gambling and never try gambling again, ever, if he or she hits it big and manages to build a good business with the money.

At least, for a fact, I trust myself that, if luck locates me and I win up to a hundred thousand dollars from gambling tomorrow, I may never gamble again to be honest, except for whatever reason, I mismanaged the money, which is not possible at all, or that for whatever reason, my business isn't going well, which also Is not possible.

Overall, any gambler who is not addicted to gambling does have the potential and capability to quit gambling and never gamble again, but then, the need for more and more money will be the only reason why the gambler will keep coming back and back, over and over again.
I see things in the same way, while I do gamble from time to time if I am lucky enough to get a massive win you can be sure that despite my feelings of gratitude towards gambling due to such a happy occurrence, I will make sure to not gamble again, since I know very well that one of the most common mistakes gamblers make is to let greed control them, and they keep gambling hoping to get even more money from the casinos and lose it all during that process.
Well for me, I may not take a total exit from gambling if I make a big win or hit a jackpot but I may likely take a short break from active gambling and for that, I may take a month or two to enjoy my winning and also limits my loses at all time, because by continues playing,  you may end in more loses at some point, then also greed may set in at some point in the process of being actively playing while you already made a winning.

Sometimes, what leads gamblers to lose more than they win is their inability to defeat their greed tendency and also chase a particular direction thinking that the result will repeat itself.
Failing on control your greed on the time on where its on peak specially when we are on winning side, then it cant really be avoided that we would be thinking that we should be playing
even more to get more winning. We are just humans then it would really be just that so normal that  you would really be thinking up this way or the emotions would really be kicking in on the time that we are in on such condition on which its inevitable. It would really be just that a matter of choice on how someone would really be that taking up corresponding actions basing up on the situation.
You would really be finding up yourself getting wrecked in longer runs if you do let your greed control you and this is something a very common scenario on gambling field.

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December 03, 2023, 10:23:51 PM
 #369


Failing on control your greed on the time on where its on peak specially when we are on winning side, then it cant really be avoided that we would be thinking that we should be playing
even more to get more winning. We are just humans then it would really be just that so normal that  you would really be thinking up this way or the emotions would really be kicking in on the time that we are in on such condition on which its inevitable. It would really be just that a matter of choice on how someone would really be that taking up corresponding actions basing up on the situation.
You would really be finding up yourself getting wrecked in longer runs if you do let your greed control you and this is something a very common scenario on the gambling field.
Greed is one primary evil that needs to be defeated by all gamblers,  this is because many at times,  the negative reports of cases of gambling addictions all start from the gambler's inability to control their greed and also put them in control and check,  so many time,  the gambler just play based on his feeling and expectation from the games and this expectation can be sometimes misleading.

Because for a gambler who already made a decent winning,  to now want to continue gambling with the expectation of that he will make more winnings,  this will only lead him to multiple losses which if not controlled could be called a deformity since their mental balance is not near accurate to discover that,  gambling shouldn't be taken seriously.

.
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December 03, 2023, 10:50:42 PM
 #370

Greed is one primary evil that needs to be defeated by all gamblers,  this is because many at times,  the negative reports of cases of gambling addictions all start from the gambler's inability to control their greed and also put them in control and check,  so many time,  the gambler just play based on his feeling and expectation from the games and this expectation can be sometimes misleading.

Because for a gambler who already made a decent winning,  to now want to continue gambling with the expectation of that he will make more winnings,  this will only lead him to multiple losses which if not controlled could be called a deformity since their mental balance is not near accurate to discover that,  gambling shouldn't be taken seriously.

The greed was the cancer of gambling sites,the people who get addicted to the gambling site will suffer from the greedy.The reason was the gambler will loss huge money in the gambling site due to bad luck.So he get more greedy in the gambling site to recover their complete loss from the gambling site.The gamblers who had enough money can use the part of money in the gambling sites,if the loss was reflected he need to pause the game.

The gambler should wait till the mindset of the gambler was become normal,So the gambler are no need to get greedy for their old loss in the gambling site.No one can predict the game of gambler on a particular day,he may win or loss.

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December 03, 2023, 11:07:02 PM
 #371

No gambler is greedy. Gambling is a game of risk and so deciding to participate in gambling means that you are ready to shoulder the risk. Mostly, bettors don't stake games to cash out the game. I always ask this question "How do you win big when you are always quick to cash out games at every slight opportunity?

Gambling requires patience and belief. These are virtues that will make you benefit from gambling which is as unpredictable as life itself. I always equate the uncertainties in gambling with that of life but notwithstanding those uncertainties have benefited most gamblers.

Every gambler has a target and a reason for every game he stakes and it would be unjust to address anyone as greedy simply because he doesn't buy into your idea of " cash out". I will conclude by saying, show me a gambler who won millions and I will show you a gambler who didn't cash out.

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December 04, 2023, 05:25:03 AM
 #372

But I still don't get the idea why a specific moment to stop should be better than another moment for as long as I understand that gambling is a losing game if I only do it for a long enough period of time. Because maybe I do stop today, but what about tomorrow with my next session? 99.9999% of gamblers in the world don't stop gambling entirely and never touch it again when they had one lucky streak. That is the most unrealistic thing ever. Over time my lucky streak will turn into what it was supposed to be from the very beginning, a game that makes me lose money over a long period of time.
If you can master good self-control, you can control yourself whenever you gamble, even if it is the next day, because you know that gambling is for fun and not to make money. Most gamblers will not stop gambling completely, but they should be able to reduce their gambling activities, especially when they start gambling too often. Actually, it doesn't have to coincide with a certain moment to be able to stop gambling because you decide when you gamble and when you have to stop gambling. If you can't determine it, you will have difficulties and it will result in losing money when gambling. Continuing to gamble means we take a greater risk of losing. And if we have won but don't stop gambling, it may be because our greed tells us to keep playing and we take bigger risks to face what we will receive later.
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December 04, 2023, 09:36:15 AM
 #373

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.
I have long heard that when a beginner makes his first bet and wins, it is worse than when he loses. Maybe this is a bad example, but it’s like a fish swallowing bait, but after that the fisherman will catch it. After a win, especially a very big one, it seems that now our life is settled and if we need money the player will come there again, but instead of giving us the same winnings, the player will lose and end up leaving several times more money there than he brought initially . That's why players take out loans to win back, confidence begins to disappear, but it's too late, greed has completely taken over them. The risk taken was exceeded tenfold. To prevent this from happening, we must not allow greed to take over us. If a person is very greedy and risky, then it is better for him not to enter into this, because the probability of failure is quite high.

But sometimes players become addicted to gambling in a different way - they are unlucky on their first bets, but at the same time their friends, or one friend, are lucky. And they boast that they are smarter and much better versed in betting or roulette. And it is precisely this envy and rejection of the fact that the player himself is unlucky - he begins to play more and more, expecting that he will be lucky. But this does not happen, and then the player begins to lose money, playing first his own and then other people’s.
Yes, it is an illusion that the players around us are more successful and luckier than us. Many people’s character doesn't allow them to live with this and they try to refute it in practice and prove to themselves and those friends that we, too, can win no worse than them. This is where greed and disproportionate risk taken come to the fore. It has long been known that people tend to believe in something better, this is inherent in nature itself. But we must turn on our reason and remember that in this world, not everything is often so good and carefree. Gambling establishments will not waste money on everyone who wants it; there will always be more losers. And we must understand this very well.

 
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December 04, 2023, 10:21:48 AM
 #374

But I still don't get the idea why a specific moment to stop should be better than another moment for as long as I understand that gambling is a losing game if I only do it for a long enough period of time. Because maybe I do stop today, but what about tomorrow with my next session? 99.9999% of gamblers in the world don't stop gambling entirely and never touch it again when they had one lucky streak. That is the most unrealistic thing ever. Over time my lucky streak will turn into what it was supposed to be from the very beginning, a game that makes me lose money over a long period of time.
If you can master good self-control, you can control yourself whenever you gamble, even if it is the next day, because you know that gambling is for fun and not to make money. Most gamblers will not stop gambling completely, but they should be able to reduce their gambling activities, especially when they start gambling too often. Actually, it doesn't have to coincide with a certain moment to be able to stop gambling because you decide when you gamble and when you have to stop gambling. If you can't determine it, you will have difficulties and it will result in losing money when gambling. Continuing to gamble means we take a greater risk of losing. And if we have won but don't stop gambling, it may be because our greed tells us to keep playing and we take bigger risks to face what we will receive later.

Self-control is not something that you just say you have but a skill that you need to develop while playing, your good anticipation
plus, your understanding with the type of game or sports that you'll going to bet in.

Greed is always behind but with good control of emotion chances that you will enjoy the possible benefits of your gambling participation may occur.

It's more on thinking positively and not to be careless when opportunity is already in front of you, choose wisely and enjoy playing.
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December 04, 2023, 12:00:21 PM
 #375

But I still don't get the idea why a specific moment to stop should be better than another moment for as long as I understand that gambling is a losing game if I only do it for a long enough period of time. Because maybe I do stop today, but what about tomorrow with my next session? 99.9999% of gamblers in the world don't stop gambling entirely and never touch it again when they had one lucky streak. That is the most unrealistic thing ever. Over time my lucky streak will turn into what it was supposed to be from the very beginning, a game that makes me lose money over a long period of time.
If you can master good self-control, you can control yourself whenever you gamble, even if it is the next day, because you know that gambling is for fun and not to make money. Most gamblers will not stop gambling completely, but they should be able to reduce their gambling activities, especially when they start gambling too often. Actually, it doesn't have to coincide with a certain moment to be able to stop gambling because you decide when you gamble and when you have to stop gambling. If you can't determine it, you will have difficulties and it will result in losing money when gambling. Continuing to gamble means we take a greater risk of losing. And if we have won but don't stop gambling, it may be because our greed tells us to keep playing and we take bigger risks to face what we will receive later.

It might also depend on who that person is that won big once in a lifetime. If it is someone who knew forever how to deal with money, how to avoid buying unnecessary items and whatever else some could afford, then it might be possible that someone just walks away from gambling.

But there are many examples also of lottery winners who wasted their money in a way that at first seemed to be impossible. That's why I said 99.999% because I doubt that it is the overwhelming minority which would stop gambling forever.

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December 04, 2023, 05:25:22 PM
 #376

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.
Yep, a gambler who gambles only to earn money from it barely gets satisfied with the winnings no matter how big the amount they've won is, they will always try to increase their winnings and in that pursuit, they lose what they've won if they aren't wise enough to stop at the right time and in most cases, greed takes over the mind of a gambler who is gambling just for the sake of profits and don't consider gambling a source of entertainment or a time killer for them.

People who are gambling for gains and have been losing constantly don't consider a win to be good enough if it's insignificant to cover all the losses they had to bear so far because they would want to recover their losses before they end the session but in most cases, they end up losing everything which will be the end of the session for them.

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December 04, 2023, 05:41:04 PM
 #377

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.
Yep, a gambler who gambles only to earn money from it barely gets satisfied with the winnings no matter how big the amount they've won is, they will always try to increase their winnings and in that pursuit, they lose what they've won if they aren't wise enough to stop at the right time and in most cases, greed takes over the mind of a gambler who is gambling just for the sake of profits and don't consider gambling a source of entertainment or a time killer for them.

People who are gambling for gains and have been losing constantly don't consider a win to be good enough if it's insignificant to cover all the losses they had to bear so far because they would want to recover their losses before they end the session but in most cases, they end up losing everything which will be the end of the session for them.

If we discuss something in terms of hopes and desires then obviously it will always have no end, as happens in real life, usually we have difficulty in choosing about what is actually needed and what is wanted, often we are fooled because of these two things that usually unconsciously we prefer desires that basically do not really have a positive role / impact on our lives. It's the same with gambling, when people have high hopes following the desire to get something bigger then obviously they will prefer to increase the risk when in reality they can't accept all the consequences if they end up losing.

So in my opinion there are only two things that have the possibility to stop it, namely awareness and regret, realizing that everything they do including the mindset they carry is wrong and only makes them worse and with that incident there is some potential that makes them feel regret. If you gamble with high hopes and desires then obviously it is not entertainment that you get but a lot of pressure and new problems that arise because you are wrong in understanding the real gambling.
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December 04, 2023, 07:01:46 PM
Last edit: December 06, 2023, 01:52:53 PM by summonerrk
 #378


I think that at this point it is very important to know the basic principles of mathematics, and not to be naive. But as practice shows, most people believe that there is some kind of Universal justice, there is Luck and that everything is predetermined. But you always need to think soberly and logically - life is one big random thing. It may be unfair, and this is normal, because mathematics allows that anyone can play 100 times in a row. These are the laws of mathematics, but for some reason many people look for hidden meaning in everything.

But sometimes players become addicted to gambling in a different way - they are unlucky on their first bets, but at the same time their friends, or one friend, are lucky. And they boast that they are smarter and much better versed in betting or roulette. And it is precisely this envy and rejection of the fact that the player himself is unlucky - he begins to play more and more, expecting that he will be lucky. But this does not happen, and then the player begins to lose money, playing first his own and then other people’s.
Yes, it is an illusion that the players around us are more successful and luckier than us. Many people’s character doesn't allow them to live with this and they try to refute it in practice and prove to themselves and those friends that we, too, can win no worse than them. This is where greed and disproportionate risk taken come to the fore. It has long been known that people tend to believe in something better, this is inherent in nature itself. But we must turn on our reason and remember that in this world, not everything is often so good and carefree. Gambling establishments will not waste money on everyone who wants it; there will always be more losers. And we must understand this very well.

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December 05, 2023, 04:37:44 AM
 #379

Self-control is not something that you just say you have but a skill that you need to develop while playing, your good anticipation
plus, your understanding with the type of game or sports that you'll going to bet in.

Greed is always behind but with good control of emotion chances that you will enjoy the possible benefits of your gambling participation may occur.

It's more on thinking positively and not to be careless when opportunity is already in front of you, choose wisely and enjoy playing.
Self-control must be trained continuously, especially in gambling games so that we can know when to stop gambling. If not, we will only experience difficulties because we cannot stop and will instead spend all our money without being able to win. And even though we can win, it won't stop us from trying to win more and that means our greed has increased and we can no longer control it. And that will obviously make us addicted to gambling, which we cannot control because we just want to gamble for a long time. Playing gambling longer than before means we are taking a greater risk of losing money than before.

It might also depend on who that person is that won big once in a lifetime. If it is someone who knew forever how to deal with money, how to avoid buying unnecessary items and whatever else some could afford, then it might be possible that someone just walks away from gambling.

But there are many examples also of lottery winners who wasted their money in a way that at first seemed to be impossible. That's why I said 99.999% because I doubt that it is the overwhelming minority which would stop gambling forever.
Yes, managing big winnings is not as easy as we imagine because we will definitely be tempted to buy things that we don't actually need but just follow our lifestyle so we won't know how much money we have spent to buy these things with money the win we got. This also requires self-control to be able to deal with the winning money that we get so that we only buy the things we need and save most of the money for our future or use it to create a business and invest so that we can have a source of income.

Many lottery winners waste their money in improper ways, such as buying things they don't need. Only a small percentage can really use their winnings well and prepare their future well too. These are the people who can change their lives for the better in the future. They don't mind if they still live simply with the winning money because they only think about their future with the winning money.
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December 05, 2023, 06:07:37 PM
 #380

...

Yes, managing big winnings is not as easy as we imagine because we will definitely be tempted to buy things that we don't actually need but just follow our lifestyle so we won't know how much money we have spent to buy these things with money the win we got. This also requires self-control to be able to deal with the winning money that we get so that we only buy the things we need and save most of the money for our future or use it to create a business and invest so that we can have a source of income.

Many lottery winners waste their money in improper ways, such as buying things they don't need. Only a small percentage can really use their winnings well and prepare their future well too. These are the people who can change their lives for the better in the future. They don't mind if they still live simply with the winning money because they only think about their future with the winning money.

I think that it comes more down to financial literacy and whether people understand accompanying costs that come with certain assets. For instance if someone wins a lot of money and buys houses and cars, that person might not have the understanding of those assets necessary to calculate long-term financial consequences and also short-term costs that could be inflicted for unexpected reasons or just reasons not known to the new owner. A lot of money needs a lot of planning if there is a lot of buying. If someone just leans back in their old apartment paying for the same stuff as before, life will be easy and wonderful. Smiley 

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