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Author Topic: Focus on how much you may lose and not only the potential win.  (Read 1990 times)
Oilacris
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January 14, 2024, 09:39:44 PM
 #161

In my personal opinion I think that we don't need to focus on how much will lose and how much we own potential win. I always think that before doing gambling we should know our afford zone. And then we should make a strategy and set a limit then starting gambling. In this case I think we don't need to focus and your them lose and winning.

Players always focus on what they can get or, conversely, what they might lose and don't look at how much they can afford, whether we can afford to lose or we can afford to win, and this does sound strange because everyone will of course be able to accept whatever the winnings are but only a few are able to manage these results so that they can provide us with more benefits.
We read news about how people who win fantastic amounts in the lottery can only keep the money for a short time because in a short time they become poor again because they are mentally unable to receive the big money.
but if we focus on defeat, our emotions will rise and be carried away by a heated situation, forcing the situation to return to previous defeats, I agree with not focusing too much on defeat and victory, if we focus on winning alone it is also not good enough because no one can we ensure to win in betting
If you have to be willing, win and enjoy
The different thing in between minding losses over winning is that on the time that you do get used to loses then you would really be that making yourself that somewhat numb towards it.
This what causes you for not to be that impulsive anymore towards gambling specially that you do able to realize those things along the way and make you realize that it was never been that easy
on making winning on gambling on which it is really just that totally opposite on what you had been expecting or anticipating because once that real shit things happen then
this is where realization would be kicking in and this is really just that that typical stuff. Somewhat it cant be avoided that people would really be sticking and minding about potential wins
and even going advanced.

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January 15, 2024, 08:48:27 AM
 #162

In my personal opinion I think that we don't need to focus on how much will lose and how much we own potential win. I always think that before doing gambling we should know our afford zone. And then we should make a strategy and set a limit then starting gambling. In this case I think we don't need to focus and your them lose and winning.
This your perspective is a good one but then it's very much applicable only when you are just getting entertained and be sure it's strictly entertainment you are doing and no form of expectations are involved , not the self decit of entertainment meanwhile you have some other expectations along side.

It's important you focus more on how much you are loosing and that's when you will be able to employ good risk management, this doesn't mean you will not give attention to your winnings, definitely you should also consider what you will get in return if this favours you.when you give attention to how much you could loose, there's this consciousness on how much you will risk because you now get to watch the amount you are risking as compared to your pocket size. Trying to strike the balance keeps you profitable because you know if you win, you are making this much but if you loose you will be Lossing this much too aswell.

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January 15, 2024, 01:55:02 PM
 #163

The different thing in between minding losses over winning is that on the time that you do get used to loses then you would really be that making yourself that somewhat numb towards it.
This what causes you for not to be that impulsive anymore towards gambling specially that you do able to realize those things along the way and make you realize that it was never been that easy
on making winning on gambling on which it is really just that totally opposite on what you had been expecting or anticipating because once that real shit things happen then
this is where realization would be kicking in and this is really just that that typical stuff. Somewhat it cant be avoided that people would really be sticking and minding about potential wins
and even going advanced.
When we are used to losing, there will be a tendency to experience boredom when gambling and maybe that will make us try to reduce our gambling activities. We will not be passive about gambling and will not be too interested in trying to gamble again because we often experience loss. It is a way to try to reduce their gambling activities because when they get bored of gambling due to continuous losing, they will realize that gambling is not for them, so they have to leave it immediately. Especially if they can see that they have lost a lot of money while gambling, so they have no desire to gamble again for a while. If they can fill their free time by doing other things, they can really leave gambling perhaps forever, especially with the experience of experiencing continuous loss. It will make them not want to experience it again.
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January 15, 2024, 02:42:52 PM
 #164

In my personal opinion I think that we don't need to focus on how much will lose and how much we own potential win. I always think that before doing gambling we should know our afford zone. And then we should make a strategy and set a limit then starting gambling. In this case I think we don't need to focus and your them lose and winning.

Players always focus on what they can get or, conversely, what they might lose and don't look at how much they can afford, whether we can afford to lose or we can afford to win, and this does sound strange because everyone will of course be able to accept whatever the winnings are but only a few are able to manage these results so that they can provide us with more benefits.
We read news about how people who win fantastic amounts in the lottery can only keep the money for a short time because in a short time they become poor again because they are mentally unable to receive the big money.
but if we focus on defeat, our emotions will rise and be carried away by a heated situation, forcing the situation to return to previous defeats, I agree with not focusing too much on defeat and victory, if we focus on winning alone it is also not good enough because no one can we ensure to win in betting
If you have to be willing, win and enjoy
I don't know if life is randomly arranged events or if they are meaningful arrangements, it's almost a given that if we take an overly ambitious view of it, ambition will constantly entice us to spin and lose, typically, in work and study, many people still get promoted easily even though they have no expectations, they just know that they will fulfill their responsibilities at work, instead of proving that their advancement is necessary. It feels like we should build a sense of relief and not adhere to any hope, gambling will automatically become a playground where we can advance, but of course, exploring these random states in gambling is not recommended

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January 15, 2024, 03:01:28 PM
 #165

Good topic. A lot of people dont realize how much they gonna lose if they place "that particular bet". All the care is to win. No matter how much, just to win. I dont understand why some people would risk $100 only to win $1. $100 is a significant amount, lots of things can be purchased on it. On the other side is $1. Basically nothing nowadays. You can buy a bottle of water on it. People call such bets as safe bets. But there are no safe bets. I have seen people bet large amounts, win that little money multiple times in a row, and then they get busted. Then they bet that little what they have won with risky odds, trying to win back, and lose everything in the end.

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January 15, 2024, 03:10:37 PM
 #166

The different thing in between minding losses over winning is that on the time that you do get used to loses then you would really be that making yourself that somewhat numb towards it.
This what causes you for not to be that impulsive anymore towards gambling specially that you do able to realize those things along the way and make you realize that it was never been that easy
on making winning on gambling on which it is really just that totally opposite on what you had been expecting or anticipating because once that real shit things happen then
this is where realization would be kicking in and this is really just that that typical stuff. Somewhat it cant be avoided that people would really be sticking and minding about potential wins
and even going advanced.
When we are used to losing, there will be a tendency to experience boredom when gambling and maybe that will make us try to reduce our gambling activities. We will not be passive about gambling and will not be too interested in trying to gamble again because we often experience loss. It is a way to try to reduce their gambling activities because when they get bored of gambling due to continuous losing, they will realize that gambling is not for them, so they have to leave it immediately. Especially if they can see that they have lost a lot of money while gambling, so they have no desire to gamble again for a while. If they can fill their free time by doing other things, they can really leave gambling perhaps forever, especially with the experience of experiencing continuous loss. It will make them not want to experience it again.

Well that's right, I experienced what you said about too many defeats that made me feel bored in the end and this is also enough to encourage me to finally reduce my gambling activities, to be honest at first I was a gambler who could be said to be very active, I couldn't miss a day not to gamble, even one day I can do several sessions on types of gambling such as slot machines which are now very busy in the conversation and when defeats continue to dominate after that I really feel a sense of boredom with a little sense of despair because in my mind I can already guess that the end result will definitely be the same as what I often experience, namely losing so that it makes my interest in winning even less until finally now I am very rarely involved in gambling, I don't remember when I last gambled but if I'm not mistaken about 2 months ago.

Honestly now I feel something different in my life, I really feel calm and my money can be balanced because there are no unnecessary expenses such as the budget for gambling, the point is that my obsession with gambling especially on winning has been greatly reduced due to boredom, I don't know if there are gamblers out there who also experience the same thing as me, and my advice if you already feel bored like this then don't let you try to return to gambling because it is still a thing that might eventually tempt you back, for myself honestly I prefer to keep myself busy with many other things.

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January 15, 2024, 03:18:54 PM
 #167

When we are used to losing, there will be a tendency to experience boredom when gambling and maybe that will make us try to reduce our gambling activities. We will not be passive about gambling and will not be too interested in trying to gamble again because we often experience loss. It is a way to try to reduce their gambling activities because when they get bored of gambling due to continuous losing, they will realize that gambling is not for them, so they have to leave it immediately. Especially if they can see that they have lost a lot of money while gambling, so they have no desire to gamble again for a while. If they can fill their free time by doing other things, they can really leave gambling perhaps forever, especially with the experience of experiencing continuous loss. It will make them not want to experience it again.

A gambler who doesn't win will easily stop gambling compared to those who win while losing at same time. The winning helps to thrill the gambler to participate further in the game. The minimal wins for the player, means he could win the bigger amount. Those different thoughts have unique effects on the gambler. Some would reach there, while others will struggle out of the trouble chasing losses leads them. The greedy players don't get content of what they've won. They try to earn bigger amount, by wagering higher than their constant amount money. Here, the gambler can get upset over his new decision. Which can affect their earnings. Staying contented as a gambler, helps in limiting the losses of the gambler to a minimal stage. Thereby, the gambler easily understands his strategies and control himself.

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January 15, 2024, 03:37:15 PM
 #168

-cut-
A situation where the stake for the bet he won was $1k, the next statement you hear is how wish I knew I would have staked with $5k. The question is, the $5k is it an amount of money that you can be comfortable losing or it's just out of greed that you are not contented with the win amount the $1k gave you.
-cut-
I've been wondering if these people would ever be happy. Because being satisfied and thankful for what ever i have, has been pretty major reason for my happiness in life. I am not kicking walls not selling one of my altcoin at the top for 20 bitcoins that i would have got at the time when bitcoin was cheap, or selling my eth when it was $12. Or not choosing that next scratch card with the top prize.

Because looking what i could have done more, or better, choosing otherwise, betting more or investing more in hindsight and being bitter over that is literally throwing my time and happiness away for nothing.   

And not focusing on loss has been in my thoughts for a while, especially when ever i hear people saying they can make money short term with with martingale strategy. Because they don't seem to get that even though they are not starting by risking a lot of money There's a change that they are risking their whole budget in one chain of bets.


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January 15, 2024, 03:50:06 PM
 #169

Yes, I agree that some people truly regret their actions due to greed. While it is true that they will always profit more from large bets, if they have already placed their desired wager, they will likely experience deep regret in the event of a loss, which could lead them to self-doubt.People are so confusing sometimes that it seems as though their thoughts are weather-related. For example, when it rains, people complain that it's not sunny, but when it's sunny, they still complain that they wanted it to rain.
In my opinion, it is usually wise to weigh the possible benefits and drawbacks while making decisions. Responsible gambling, in my opinion, entails being aware of and accepting the dangers involved. Additionally, by concentrating on our possible losses, we may set boundaries, make better decisions, and refrain from taking on too much risk.

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BitcoinPanther
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January 15, 2024, 03:55:53 PM
 #170

In my personal opinion I think that we don't need to focus on how much will lose and how much we own potential win. I always think that before doing gambling we should know our afford zone. And then we should make a strategy and set a limit then starting gambling. In this case I think we don't need to focus and your them lose and winning.

I highly agree with this.  We must focus on the "how much I can afford to lose".  This is much easier and less frustrating since we only gamble the amount that we can afford to lose.  If we done that, there is no need for us to focus on how much we are losing because it can be considered as expenses for entertainment just like when we are watching movies and going out to a vacation.  

Focusing on how much one will lose will kill the entertainment because the person will be worried that he will lose his balance and it kills the purpose of enjoying the gambling session.  If we are worried about the losses then I think it is better to not gambling at all to save us from worries which can affect our health.
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January 15, 2024, 04:03:41 PM
 #171

Yes, I agree that some people truly regret their actions due to greed. While it is true that they will always profit more from large bets, if they have already placed their desired wager, they will likely experience deep regret in the event of a loss, which could lead them to self-doubt.People are so confusing sometimes that it seems as though their thoughts are weather-related. For example, when it rains, people complain that it's not sunny, but when it's sunny, they still complain that they wanted it to rain.
In my opinion, it is usually wise to weigh the possible benefits and drawbacks while making decisions. Responsible gambling, in my opinion, entails being aware of and accepting the dangers involved. Additionally, by concentrating on our possible losses, we may set boundaries, make better decisions, and refrain from taking on too much risk.

When gambling, a loss is something we will definitely experience, while winning is just a possibility. Because the fact is that achieving victory in gambling is not an easy thing and could perhaps be said to be inevitable, unless you are skilled enough at gambling or lucky enough at gambling.

And actually, regret when you lose is normal. However, if someone only feels regret without doing anything else, then regret has no meaning at all. Because it should be, when we feel regret after getting unsatisfactory results in gambling, this can encourage us to be better, more careful and wiser in gambling, and also encourage us to further improve our abilities and knowledge to How can we continue to minimize the level of losses that occur and increase the possibility of winning in gambling. And to reduce the feeling of deep regret, bet an amount that we are prepared to lose.

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January 15, 2024, 04:13:19 PM
 #172

If we are to go by the way of how much we have lost while gambling, we may seemed discouraged in seing how far it has all being and that alone may be a reason for being disappointed on our own self in gambling, we should learn to understand and know the reason why we are even gambling, also, we must be able to engage gambling with the amount of fund we have and can release to go for the sake and purpose of gambling without any regrets in us.

R


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January 15, 2024, 04:25:05 PM
 #173

Honestly now I feel something different in my life, I really feel calm and my money can be balanced because there are no unnecessary expenses such as the budget for gambling, the point is that my obsession with gambling especially on winning has been greatly reduced due to boredom, I don't know if there are gamblers out there who also experience the same thing as me, and my advice if you already feel bored like this then don't let you try to return to gambling because it is still a thing that might eventually tempt you back, for myself honestly I prefer to keep myself busy with many other things.

I am glad to listen to your own story about quiting of gambling. Gambling at most times comes with negativity rather than positivity.  Although one will say, gambling has some advantages, however the disadvantages of gambling are much more than the advantages.

1. Gambling have caused so many people into psychological problems, because of the high level of probability and unpredictability, many people become highly tensed and frustrated and as such becomes mentally derailed.

2. Gambling makes a lot of people to enter into financial crisis. As bad as the economy of the world is, gambling have caused many people into financial issues and debts thereby affecting them in life.

3. Gambling is regarded as a game of pleasure or a game that people engage in for fun. Because of the nature of the games, it makes it difficult for people to leave it even when they are recording failure. They still stick to playing the gambling games and deriving pleasure in them.

One have to be truly honest about gambling, and the honesty is that, although gambling  have his advantages, but the disadvantages that comes with the advantages are humungos.

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January 15, 2024, 04:40:51 PM
 #174

Honestly now I feel something different in my life, I really feel calm and my money can be balanced because there are no unnecessary expenses such as the budget for gambling, the point is that my obsession with gambling especially on winning has been greatly reduced due to boredom, I don't know if there are gamblers out there who also experience the same thing as me, and my advice if you already feel bored like this then don't let you try to return to gambling because it is still a thing that might eventually tempt you back, for myself honestly I prefer to keep myself busy with many other things.

I am glad to listen to your own story about quiting of gambling. Gambling at most times comes with negativity rather than positivity.  Although one will say, gambling has some advantages, however the disadvantages of gambling are much more than the advantages.
-snip-
One have to be truly honest about gambling, and the honesty is that, although gambling  have his advantages, but the disadvantages that comes with the advantages are humungos.

i agree what you enumerated about gambling. that's the hard truth about this activity. but, do remember, whatever you will do in terms of gambling, will indeed influence your way of life one way or another. financial or emotional aspect of life. but if you think you can be of control of yourself and contain how you manage your financials and yourself, i guess, you can still experience the fun and entertainment that the gambling can offer. just think of those people who are going to offline casinos on occasional basis bringing only cash that they can afford to lose. i believe they can have a very good experience of a lifetime. and that i am sure, they will appreciate the existence of casinos, because they can truly see the fun side of it.

If we are to go by the way of how much we have lost while gambling, we may seemed discouraged in seing how far it has all being and that alone may be a reason for being disappointed on our own self in gambling, we should learn to understand and know the reason why we are even gambling, also, we must be able to engage gambling with the amount of fund we have and can release to go for the sake and purpose of gambling without any regrets in us.

understanding oneself is the first step to learn yourself, as you can identify your ambitions or your goals why you are heading to this activity in the first place. if you are just an occasional gambler, then, there's nothing to worry about going to casinos. as for sure, you are here to spend only your spare money. but as a regular gambler, you may have some certain targets of possible winnings, and that i can say, you may possibly chase your losses and can easily lost your way along the process. this i think need a check-and-balance from time to time so as not to steer from the right direction.

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January 15, 2024, 05:07:06 PM
 #175

In my personal opinion I think that we don't need to focus on how much will lose and how much we own potential win. I always think that before doing gambling we should know our afford zone. And then we should make a strategy and set a limit then starting gambling. In this case I think we don't need to focus and your them lose and winning.

Players always focus on what they can get or, conversely, what they might lose and don't look at how much they can afford, whether we can afford to lose or we can afford to win, and this does sound strange because everyone will of course be able to accept whatever the winnings are but only a few are able to manage these results so that they can provide us with more benefits.
We read news about how people who win fantastic amounts in the lottery can only keep the money for a short time because in a short time they become poor again because they are mentally unable to receive the big money.
but if we focus on defeat, our emotions will rise and be carried away by a heated situation, forcing the situation to return to previous defeats, I agree with not focusing too much on defeat and victory, if we focus on winning alone it is also not good enough because no one can we ensure to win in betting
If you have to be willing, win and enjoy
The different thing in between minding losses over winning is that on the time that you do get used to loses then you would really be that making yourself that somewhat numb towards it.
This what causes you for not to be that impulsive anymore towards gambling specially that you do able to realize those things along the way and make you realize that it was never been that easy
on making winning on gambling on which it is really just that totally opposite on what you had been expecting or anticipating because once that real shit things happen then
this is where realization would be kicking in and this is really just that that typical stuff. Somewhat it cant be avoided that people would really be sticking and minding about potential wins
and even going advanced.
Isnt it this strange, pleasant numbness? After a few bumps, your perspective changes. Gambling becomes more like chess with luck than a thrill trip.

Accepting losses makes gambling more pleasurable! Being prepared for a spill at a party makes you enjoy the atmosphere more. When you're not focused on winning, you enjoy the game's pleasure and intrigue.

Remember the social aspect. Online forums like this one become venues to recount losses, laugh at near-wins, and bond over the collective emotional roller coaster. The journey matters more than the goal.

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January 15, 2024, 05:13:04 PM
 #176

It is gonna go with the tip that we always say about "gambling what you can afford to lose". This is for everyone that may have a positive thought that he/she may win a lot of money as they gamble. But when you're about losing your bets, you're not going to be hurtful with that because it is the amount that you can afford to lose. And when you're okay with the amount that you've set as the bankroll, it's typical to think of the amount on how much you're possible to win.

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January 15, 2024, 08:12:19 PM
 #177

Yes, I agree that some people truly regret their actions due to greed. While it is true that they will always profit more from large bets, if they have already placed their desired wager, they will likely experience deep regret in the event of a loss, which could lead them to self-doubt.People are so confusing sometimes that it seems as though their thoughts are weather-related. For example, when it rains, people complain that it's not sunny, but when it's sunny, they still complain that they wanted it to rain.
In my opinion, it is usually wise to weigh the possible benefits and drawbacks while making decisions. Responsible gambling, in my opinion, entails being aware of and accepting the dangers involved. Additionally, by concentrating on our possible losses, we may set boundaries, make better decisions, and refrain from taking on too much risk.

When gambling, a loss is something we will definitely experience, while winning is just a possibility. Because the fact is that achieving victory in gambling is not an easy thing and could perhaps be said to be inevitable, unless you are skilled enough at gambling or lucky enough at gambling.

And actually, regret when you lose is normal. However, if someone only feels regret without doing anything else, then regret has no meaning at all. Because it should be, when we feel regret after getting unsatisfactory results in gambling, this can encourage us to be better, more careful and wiser in gambling, and also encourage us to further improve our abilities and knowledge to How can we continue to minimize the level of losses that occur and increase the possibility of winning in gambling. And to reduce the feeling of deep regret, bet an amount that we are prepared to lose.
It's true that you can efficiently manage your risk by only wagering how much you're willing to lose. There is always a danger of losing a bet while gambling, which is intrinsically unpredictable. We can therefore shield ourselves from any financial hardship or emotional distress that might result from losing more than we can afford to lose if we establish a limit on what we are willing to lose.
 
In addition, if you view your bets as entertainment costs rather than financial gains, you'll be able to enjoy the experience guilt-free. By viewing gambling as a kind of entertainment rather than a means of generating income, we can enjoy the thrill and excitement it brings without getting overly attached to the result.
We tend to be more logical and thoughtful in our decision-making when we wager an amount we are willing to lose. And as we all know, making emotional decisions can result in rash and impulsive wagers since they are frequently motivated by the need to recoup losses.

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January 16, 2024, 12:49:22 AM
 #178

If we are to go by the way of how much we have lost while gambling, we may seemed discouraged in seing how far it has all being and that alone may be a reason for being disappointed on our own self in gambling, we should learn to understand and know the reason why we are even gambling, also, we must be able to engage gambling with the amount of fund we have and can release to go for the sake and purpose of gambling without any regrets in us.
Thinking about your losses is just a way to discourage irresponsible gambling, and this is because it is often the case that when you think about anything, you only consider all the positive things that can happen to you if things go your way.

But reality does not really work like that, and there are many instances in which things will turn out in the exact opposite way that we envisioned, so in order to not forget about it, thinking about the losses you could incur could damp down the chances of making those outrageous bets.

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January 16, 2024, 02:03:33 AM
 #179

A situation where the stake for the bet he won was $1k, the next statement you hear is how wish I knew I would have staked with $5k. The question is, the $5k is it an amount of money that you can be comfortable losing or it's just out of greed that you are not contented with the win amount the $1k gave you.
I have not thought like this before, that had it been I have used higher amount of money to gamble on certain matches or game that I would have won more. But I noticed that I did increased the amount I used to gamble. That was because the more the money that you staked, the more you can win. Although not because of past games won. I do not think more about the lose but just the profit. And the more that I lost at the time.
Having the mindset of regretting  not increasing the amount of bet to be won can be a serious problem for a gambler that he will always think of increasing any game in the future thinking that it will end up with a win. Since gambling is unpredictable their is no need to regret for not increasing the amount because it is not always winning in gambling occur. Planning to increase a bet expectpecting win can end up to be lose.

Having the understanding of accepting every win in gambling whether it is small or not is the best mindset of avoiding greed  that can end up to be lose. The best way to play gamble is to play with what one can afford to lose , let's not be too greedy of a particular win thinking that it is a guarantee to always win bet in the future.

R


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January 16, 2024, 02:28:16 AM
 #180

A situation where the stake for the bet he won was $1k, the next statement you hear is how wish I knew I would have staked with $5k. The question is, the $5k is it an amount of money that you can be comfortable losing or it's just out of greed that you are not contented with the win amount the $1k gave you.
I have not thought like this before, that had it been I have used higher amount of money to gamble on certain matches or game that I would have won more. But I noticed that I did increased the amount I used to gamble. That was because the more the money that you staked, the more you can win. Although not because of past games won. I do not think more about the lose but just the profit. And the more that I lost at the time.
Having the mindset of regretting  not increasing the amount of bet to be won can be a serious problem for a gambler that he will always think of increasing any game in the future thinking that it will end up with a win. Since gambling is unpredictable their is no need to regret for not increasing the amount because it is not always winning in gambling occur. Planning to increase a bet expectpecting win can end up to be lose.

Having the understanding of accepting every win in gambling whether it is small or not is the best mindset of avoiding greed  that can end up to be lose. The best way to play gamble is to play with what one can afford to lose , let's not be too greedy of a particular win thinking that it is a guarantee to always win bet in the future.
I don't see a problem with increasing bet amounts since there are strategies that force you to increase your bet amounts for it to be effective. I'm more concerned about the capability of the gambler, if the gambler continues to increase the amount at stake to the point that he cannot support it or he couldn't lose it anymore because it can affect him pretty hard, that is the time where the gambler is about to get Fk-uped.

I believe that every gambler should know what there limits at or their capability of handling high bet amounts. It matters really, having no idea what your limit at might push you so much that you get to the point that you are getting greedy on what you are doing.
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