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Author Topic: Higher and lower risks in gambling is the gamblers choice.  (Read 891 times)
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January 20, 2024, 12:28:14 AM
 #81

I don't know if everyone is aware of this that the more risks you takes on your predictions is the more higher the game odds, and this set of gambling demands lower stakes due to the chances to win is extremely high. Strategically, you are trying to safe your funds from some sort of impossible winning because it is obvious that you are daring the game with such high risks.

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.

This is all about you either faces your fears and ready to accept what it brings or you withdraws from your fears and minimizes the threats outcomes.

Not just in gambling but also in any financial application or investment.

Please don't confuse, even though I mentioned both, I don't want you to think that gambling and financial applications are the same thing. However, when we talk about risk and probabilities of gains, everything is very related.

If you want to make a low-risk investment, you will choose a bank that has a safe investment, but the return on it will be very small. On the other hand, if you bet on the stock market you will be taking a much greater risk but you will have a much greater chance of making money, or losing it.

In games of chance it's the same thing, but there's something that works against you... statistically, the odds of winning will always be against you. So, if you are going to do a high-risk opposite, know that the probability of losing money is much greater than the probability of winning.

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January 20, 2024, 06:57:49 AM
 #82

That's right, everyone has their own game character. for myself, I prefer games that have low risk. it can't give a big profit in a short time. but by choosing that way of playing, I am more able to control myself and control finances so that everything is stable. the profit for me is only the result of hard work spending time in the game, not taking greedy profits at one time.
This gambling game can provide low risk depending on how the gambler wants to play it. By using low betting money and always limiting the time you play gambling, you can also provide low risk to gamblers so they will not experience big losses. By limiting their time and money, they can enjoy gambling games and can also control their finances and themselves well so that they can use gambling as entertainment. That's all that is important for gamblers to do so that they don't gamble excessively. Getting a win from gambling will not be expected by the gambler because they come to the casino just wanting to spend their free time mindlessly chasing wins. After all, for them, winning is just a bonus for them.

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January 20, 2024, 07:15:18 AM
 #83

if you are playing within your limits, you won't have any trouble in terms of your financials. it is easy to say but i can understand that if you are already playing, in some instances, it is hard to stop and so your desire to play and play is always there.
Finances are one of the main factors why gamblers can always stay on gambling sites for longer, gambling has the effect of dependence or high curiosity and when there is adequate financial support, they will always add time to gamble for longer.
So far only few gamblers can apply restrictions on money and time management, most gamblers will continue to bet until they really feel painful disappointments such as losing streaks and running out of money in their balance.

Quote
the preference when it comes to betting depends on a case-to-case basis and the following factors may have a role to play -
> passion towards the sports
> teams / athletes involved
> current performance
> odds available from bookies
> waiting time
> amount you can afford to bet
A series of important roles in sports betting, you write down factor that is generally always used by gamblers to be able to place bets well.
But that is not guarantee because when surprise or luck occurs, the underdog team will win the match and of course some of these factors will not have an effect on increasing the chances of winning.
One of the most feasible and mandatory things to do is to be able to bet with an amount that can afford and can accept when lose.

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January 20, 2024, 11:44:21 AM
 #84

I don't know if everyone is aware of this that the more risks you takes on your predictions is the more higher the game odds, and this set of gambling demands lower stakes due to the chances to win is extremely high. Strategically, you are trying to safe your funds from some sort of impossible winning because it is obvious that you are daring the game with such high risks.

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.
I do agree that it is not a nice thing and it does provide you with a lot of trouble when you are not careful but you should do it anyway. I am not saying that you should not be careful about it or anything like that, do what makes you feel comfortable of course but there IS a wrong way to gamble, it is not all personal preference.

Low risk or high risk, it's the reward that matters. If you are getting into something high risk, but the reward is low, then there is no reason why you should be taking a high risk for a small return, THAT is a wrong way to gamble, and at the same time, even when you are gambling low risk ,betting everything you have is still not true, you could still lose, might be low risk, but still it is not zero risk.

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January 20, 2024, 01:42:28 PM
 #85

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.

This is all about you either faces your fears and ready to accept what it brings or you withdraws from your fears and minimizes the threats outcomes.


I think this is a very important concept that every gambler should remind himself about. Risk and payout always go hand in hand. The higher the risk we take, the higher would be our payout if we manage to win, but with higher risk our chances of winning go down. For me roulette was the perfect game to learn about this relationship. For people who don't like to take too high risks they can bet on red/black or odd/even. Whereas people who feel more lucky can bet in rows of numbers and the highest payout you get by betting on a single number. Every gambler can place the bet which he likes the most and finds best suited to his risk profile. Personally, I am one of the red/black gamblers that like to use a martingale approach, but I also have a friend that bets on 0. It's the only bet he ever does on roulette and somehow he managed to win quite a lot. It's all about what gives us the most fun and makes us comfortable.
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January 20, 2024, 02:53:59 PM
 #86

I'm not an often sports gambler, I'll bet when I see a decent opportunity, with low openings for error. There's no guaranteed bet for sure, but I prefer going for safer options, betting for the teams I deem as superior and more likely to win.

Personally, I believe that the lower the risk isn't necessarily the best technique. For instance, in the crash game, withdrawing at x1.10 multiplier is far worse than winning a few games with larger multipliers. A win with a 2x multiplier will outperform multiple wins at 1.10x, and it's something I've experienced myself. The risk is actually much lower aiming for 2x.

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January 20, 2024, 03:06:23 PM
 #87

Well, I mean... It is obvious that thanks to the technological innovation we see nowadays and because of the ways online casino work, it is possible for us as gamblers to control the amount of risk we want to take. It is easier now than ever to manage risk as much as it is comfortable to us. Though, risk management does not mean we son't end up having very unfortunate losses or very regretful wins.
It is almost obvious, but it is something many people who are new to the world of gambling kind of ignores at first:

Even though we are supposed to balance the risk as you explained with that basic example, they will be people who put a high stake on a risky match and put a small stakes in a very "safe" match. The first scenario will lead to a catastrophic loss of money to the gambler while the second one is likely to get regretful wins, when the gambler wished to have bet more in their prediction.

The catastrophic loss will then be translated into the need to chase those losses, while the regretful winnings will encourage the gambler to take more risks. That is why one needs to set one's risk tolerance from the beginning before putting one's bets on the table.

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January 20, 2024, 03:08:57 PM
 #88

I'm not an often sports gambler, I'll bet when I see a decent opportunity, with low openings for error. There's no guaranteed bet for sure, but I prefer going for safer options, betting for the teams I deem as superior and more likely to win.

Personally, I believe that the lower the risk isn't necessarily the best technique. For instance, in the crash game, withdrawing at x1.10 multiplier is far worse than winning a few games with larger multipliers. A win with a 2x multiplier will outperform multiple wins at 1.10x, and it's something I've experienced myself. The risk is actually much lower aiming for 2x.
Agree with you that taking low risk is not a good gambling strategy. For those who want to enjoy gambling and earn profit from it, there is definitely no alternative to take risk. At the beginning of gambling I thought I could gradually increase my bankroll by taking less risk but that was wrong because after I won a few matches in a row with low skate bets, when I lost a match I lost all my winnings and I had additional losses. If one likes to bet he must take risks. I research before taking a bet and then take the risk. If I lose, I don't regret it because I assume that I will lose there.
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January 20, 2024, 04:13:27 PM
 #89

It all goes hand-in-hand, the risk and the reward attached to it, the house is not foolish, they know how to permutate and combinate it together so that the tough choices would be presented to you in the form of the odds and the risk involved so that you are confused. But this should not still cause issues as, I for one, will never go for the risk that is too high and not feasible to win, especially in football. I know how I play my thing and avoid most games if necessary when the choice is attached to too many risks. At the same time, it is not that bad, the risk could be well-sized and many of them are fairly concluded in a way that will be good for the gambler and the house.

After all, it risks we are taking as we gamble, we should learn how to take them, but reasonably, and when it is too high and unreasonable for us, it is not a must that we go for that betting, we can skip to the next one or wait till a fair and more reasonable one is presented to us. It is the house that is calling the shot, but we are also not forced, so let us make a carefully weighed and correct decisions.

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January 20, 2024, 04:29:10 PM
 #90

Agree with you that taking low risk is not a good gambling strategy. For those who want to enjoy gambling and earn profit from it, there is definitely no alternative to take risk. At the beginning of gambling I thought I could gradually increase my bankroll by taking less risk but that was wrong because after I won a few matches in a row with low skate bets, when I lost a match I lost all my winnings and I had additional losses. If one likes to bet he must take risks. I research before taking a bet and then take the risk. If I lose, I don't regret it because I assume that I will lose there.
I had the same mentality when I started playing Crash. I believed that playing a large number of games and cashing out fast would slowly build my bankroll. I soon realized that it was false after losing all my deposited balance. I'd need 10 bets with a 1.10x multiplier to come up with the same results a single bet with a 2x multiplier would achieve. It's far more likely to lose money within 10 bets than a single one. You'll eventually lose more money than you'll actually win, and it's a lot harder to recoup your losses.

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January 20, 2024, 05:12:51 PM
 #91

from the start, gamblers are faced with a choice when they gamble, whether they will take bets with lower or higher risks. in this case, gamblers must be able to choose which games they are suited to and how much money they are willing to lose. because in gambling it is uncertain whether a person can win or not, so gamblers must clearly determine whether they can take a gamble with a greater risk or not.

and gamblers also need to know that managing risk is quite difficult because it is not only related to how much risk is taken, but it is related to responsible gambling practices. when they take the wrong approach to it, it is expected that this will affect the financial or psychological condition of the gambler.

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January 20, 2024, 05:55:40 PM
 #92

I'm not an often sports gambler, I'll bet when I see a decent opportunity, with low openings for error. There's no guaranteed bet for sure, but I prefer going for safer options, betting for the teams I deem as superior and more likely to win.

Personally, I believe that the lower the risk isn't necessarily the best technique. For instance, in the crash game, withdrawing at x1.10 multiplier is far worse than winning a few games with larger multipliers. A win with a 2x multiplier will outperform multiple wins at 1.10x, and it's something I've experienced myself. The risk is actually much lower aiming for 2x.
Agree with you that taking low risk is not a good gambling strategy. For those who want to enjoy gambling and earn profit from it, there is definitely no alternative to take risk. At the beginning of gambling I thought I could gradually increase my bankroll by taking less risk but that was wrong because after I won a few matches in a row with low skate bets, when I lost a match I lost all my winnings and I had additional losses. If one likes to bet he must take risks. I research before taking a bet and then take the risk. If I lose, I don't regret it because I assume that I will lose there.
If they are gambling to make money, they will probably take bigger risks because it corresponds to their expected results. But they have to be able to accept the result if they lose, and many gamblers are not ready to accept the result. They want big winnings, but they are not ready for the risks, which makes people frustrated and stressed to see the reality. When they have lost in a row, they should already know that it is time to stop gambling and will not continue gambling, whatever the risks. But even though people cannot accept the results, they will continue gambling another day, so whatever the risks, they will continue gambling. They should be able to try to reduce the risk so they don't have to grieve for a long time.

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January 20, 2024, 05:56:56 PM
 #93

I'm not an often sports gambler, I'll bet when I see a decent opportunity, with low openings for error. There's no guaranteed bet for sure, but I prefer going for safer options, betting for the teams I deem as superior and more likely to win.

Personally, I believe that the lower the risk isn't necessarily the best technique. For instance, in the crash game, withdrawing at x1.10 multiplier is far worse than winning a few games with larger multipliers. A win with a 2x multiplier will outperform multiple wins at 1.10x, and it's something I've experienced myself. The risk is actually much lower aiming for 2x.
Agree with you that taking low risk is not a good gambling strategy. For those who want to enjoy gambling and earn profit from it, there is definitely no alternative to take risk. At the beginning of gambling I thought I could gradually increase my bankroll by taking less risk but that was wrong because after I won a few matches in a row with low skate bets, when I lost a match I lost all my winnings and I had additional losses. If one likes to bet he must take risks. I research before taking a bet and then take the risk. If I lose, I don't regret it because I assume that I will lose there.

Your statements and ideas advise gamblers to take much bigger risks in order to win big, I would ask if that will really pay off? we have to agree that gambling is about the chance of winning and the risk of losing where there is never any certainty about the final result, and if you put a large amount of money with the aim of getting a big win then what if it turns out that at the end of the session you lose, isn't the amount of the loss much higher? bigger than you put in a small amount? Obviously this is a possibility that could happen at any time.

Therefore there is absolutely no other best advice apart from always using a small budget amount or essentially an amount that you can afford to be responsible for losing at the end of the session, gambling is not a place to make money because there is absolutely no certainty or guarantee of being able to win, even if you Having good enough skills and knowledge, there is still an element of loss in gambling if luck doesn't come at the same time, therefore prevention is always the best thing than cure.

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January 20, 2024, 05:59:24 PM
 #94

from the start, gamblers are faced with a choice when they gamble, whether they will take bets with lower or higher risks. in this case, gamblers must be able to choose which games they are suited to and how much money they are willing to lose. because in gambling it is uncertain whether a person can win or not, so gamblers must clearly determine whether they can take a gamble with a greater risk or not.

and gamblers also need to know that managing risk is quite difficult because it is not only related to how much risk is taken, but it is related to responsible gambling practices. when they take the wrong approach to it, it is expected that this will affect the financial or psychological condition of the gambler.
Its up all to you on how much you would really be that willing to spend on, on the time that you would really be that doing or putting up such risks on which it would really be that so impossible that you wont really be considering out or able to make yourself aware on what are the probabilities of things that could happen along the way. Your common sense and will really be the main thing that
what makes you that be wary on whats happening around on which it is really just that normal or typical. When dealing up with gambling then it would really be just that typical or normal that you would really be that facing up those risks on the time you do step your foot into this place then expect that loses and winning would really be the only thing that you would be
able to face on.
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January 20, 2024, 06:56:29 PM
 #95

This gambling game can provide low risk depending on how the gambler wants to play it. By using low betting money and always limiting the time you play gambling, you can also provide low risk to gamblers so they will not experience big losses. By limiting their time and money, they can enjoy gambling games and can also control their finances and themselves well so that they can use gambling as entertainment. That's all that is important for gamblers to do so that they don't gamble excessively. Getting a win from gambling will not be expected by the gambler because they come to the casino just wanting to spend their free time mindlessly chasing wins. After all, for them, winning is just a bonus for them.

The risk in the gambling was always high when the gamblers play the game without knowledge or random betting in the gambling.The gamblers can do two different strategy in the gambling,one is low betting strategy which help you to stay in the game for longer period.The gamblers also limit their time of game in the gambling site,because the time is only thing needed one by the gamblers to win using their money.If the gamblers had huge money and no time means,it will be useless.But when the gamblers have time and no money means it’s hard for them to win the game.If the gamblers able to access both money and time at a time can help to make money.
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January 20, 2024, 09:45:42 PM
 #96

A gambler should know how much risk he can accept, but most gamblers don't care about this risk and instead gamble more often and use a lot of money. They consider all risks to be the same no matter how much money they use, so they will not give up until they win. Gamblers who do not want to see the risk of losing their money getting bigger will try to maintain balance by not betting a lot of money and also always trying to control the amount of money to bet.

However, the greater the risk, the more gamblers can get big wins, but it's not worth doing, especially for gamblers who don't have a lot of money. They will only waste their money if they immediately bet with big money because that means they have the opportunity to experience a bigger loss.

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January 20, 2024, 09:54:44 PM
 #97

from the start, gamblers are faced with a choice when they gamble, whether they will take bets with lower or higher risks. in this case, gamblers must be able to choose which games they are suited to and how much money they are willing to lose. because in gambling it is uncertain whether a person can win or not, so gamblers must clearly determine whether they can take a gamble with a greater risk or not.

and gamblers also need to know that managing risk is quite difficult because it is not only related to how much risk is taken, but it is related to responsible gambling practices. when they take the wrong approach to it, it is expected that this will affect the financial or psychological condition of the gambler.
Yes, every gambler will indeed be faced with the risk of losing the money they use in their gambling and it would be better for them to take risks according to their ability to bear these risks and don't let them gamble with the money they borrow and they don't pay the loan they borrowed when experienced defeat in their gambling.

It is very important that we can control ourselves when gambling and must still have limits in gambling so that when we lose from the bets we play we don't take even bigger risks so that we experience big losses from the gambling they play and many more problems they will get if unable to manage themselves when gambling.

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January 20, 2024, 10:12:01 PM
 #98

I don't know if everyone is aware of this that the more risks you takes on your predictions is the more higher the game odds, and this set of gambling demands lower stakes due to the chances to win is extremely high. Strategically, you are trying to safe your funds from some sort of impossible winning because it is obvious that you are daring the game with such high risks.

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.

This is all about you either faces your fears and ready to accept what it brings or you withdraws from your fears and minimizes the threats outcomes.


OP gambling is risk and if you must gamble, risk must be involved, again wether you are taking risk or not in gambling, a slip that will cut, will definitely cut, so risk minimization does not guarantee a win, those are just prediction of a uncertain event occurrence, the major thing is the stake itself, as a gambler you decide how much you will be staking with and it is advisable to stake what you can afford to lose but real gamblers don't think towards this direction, there mindset is that they higher your stake if the game went successfully, the higher your profit, some gamblers stake high to avoid regret when the game boom, so different gamblers with diverse reasonings.

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January 20, 2024, 10:53:47 PM
 #99

I don't know if everyone is aware of this that the more risks you takes on your predictions is the more higher the game odds, and this set of gambling demands lower stakes due to the chances to win is extremely high. Strategically, you are trying to safe your funds from some sort of impossible winning because it is obvious that you are daring the game with such high risks.

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.

This is all about you either faces your fears and ready to accept what it brings or you withdraws from your fears and minimizes the threats outcomes.

You're overthinking this too much. The thing is that everyone's very much aware of the risk vs rewards system, it's not just enclosed in the gambling industry after all, what they do with their risks and how they manage their rewards is practically none of our businesses because at the end of the day, we do what we think is right and what works for us. If for person A the jig is to splurge it all and hope for the best while he's still enjoying and earning money all at the same time, then we can't really fault him for that. It's what works for him after all.

If it's the other way around then I don't think it's a massive issue for anyone as well. I myself used to bet on literal small amounts before I learned to balance it out by betting in specific values, you're right, it's all about the way we manage our risks but honestly, no need to rub it in people's faces. They know it.
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January 20, 2024, 11:43:54 PM
 #100

I don't know if everyone is aware of this that the more risks you takes on your predictions is the more higher the game odds, and this set of gambling demands lower stakes due to the chances to win is extremely high. Strategically, you are trying to safe your funds from some sort of impossible winning because it is obvious that you are daring the game with such high risks.

And the lower risks you takes on your predictions is the smaller the game odds which you may demand higher stakes to secure an appreciative winning. Although there is still no assurance of winning here for winning in gambling is strictly game of luck.

This is all about you either faces your fears and ready to accept what it brings or you withdraws from your fears and minimizes the threats outcomes.
Before you take such risk of daring the game, you should be very sure to have a good risk management in place so you don't get to lose heavily that you go bankrupt because the Chance that you will win are very small so if you don put good risk Management in place you will lose more funds and less wins.

The only advantage of this type of gaming is the fact that when ever you win you bet to recover almost everything you have lost all along. But when you go with lower risk you only try to put yourself at advantage of winning much more than you would win with such bigger and risky odds, at this point you can comfortably stake big funds and be sure to get big returns if you win on such games. But then none is still assured they all have their various associated risk so always put that to consideration.

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