Gambling mistake repeated by the gamblers

[chaser15]

It's not a mistake for me as it was a common action by gamblers.

- What if by being greedy, that gambler can win huge money in return?
- What if by overconfidence, that gambler is also able to win huge money in return?

What's better to point out, if these gamblers can cash out their huge money winnings?

That's the common mistake by any gamblers, unable to cash out their winning money.

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[Bitinity]

It's not a mistake for me as it was a common action by gamblers.

- What if by being greedy, that gambler can win huge money in return?
- What if by overconfidence, that gambler is also able to win huge money in return?

What's better to point out, if these gamblers can cash out their huge money winnings?

That's the common mistake by any gamblers, unable to cash out their winning money.

If you that's greedy and overconfidence is not a mistake, but common action, I will say other different thing. In my opinion, greedy and overconfidence are human nature Negative human nature to be exact but I have to agree that it can bring something big too in gambling. Although most gamblers will ended up in lost if they are greedy and overconfidence but lucky gamblers may get bigger winning amount when they are greedy. Of course it is rare to happen but it is possible when the luck comes.

[Westinhome]

It's not a mistake for me as it was a common action by gamblers.

- What if by being greedy, that gambler can win huge money in return?
- What if by overconfidence, that gambler is also able to win huge money in return?

What's better to point out, if these gamblers can cash out their huge money winnings?

That's the common mistake by any gamblers, unable to cash out their winning money.

The gambler who start to win the game will get the greedy as their assets from the gambling site.I had come across many gamblers for this greedy,but one of my friend was not recovered from the greedy.All the game loss made by them was only because of his greediness.If my friend was asked by other friends about the greedy recovery,they just justify.He may win some games with more multiples with the high risk in the past,it was justified for the greediness.Because of some high multiples caused with the help of casino experience he will bet with over confidence in the game and may loss the full capital.

[Makus]

I guess the major reason for this problem is confidence of having luck on your side during your gambling. Some times one could win a gamble bet of $1k starting from a $20 stake, and due to the wining strike, the gambler thinks luck is on his side and would continue for a while, only for him to play and discover that he has lost everything bothe the initial money used for stake to win the $1k. Greed is one of the characteristics of a gambler but what matters the most is your ability to control your emotions and actions.

[Heartilly]

There was a time before that I managed to take home a good win out of desperation because I had a financial problem. I became overconfident that I would be able to achieve it and after several hours of playing, I managed a good win and solved my financial problem.

That was a lucky day for me so I can say that it was not a mistake when I turned into being overconfident that time. My further gambling session though didn't end well that's why currently, it might be a mistake now to consider being overconfident in gambling.

[oktana]

Nothing is above greed in this context. Overconfidence can be really bad though because once you start acting too confident, it seems bad luck just starts (as per my experience). On the other hand, greed is so dangerous that you can lose everything you have won, and nothing hurts as much as losing the money when you had a really huge amount that you could have walked away but you didn’t. And some gamblers have a combination of both overconfidence and greed which is even more disastrous.

[Fundamentals Of]

Most of the time, when I am already winning, going on is very easy. Stopping is hard. Why should I stop right? I already have the money. Should I stop just when I have all the money I need to bet, to continue betting? I started with my own money and now that I have all this money from the casino, I have to stop? Why?

This is my mentality sometimes. Instead of calling it a day and go home with a win, I continue gambling with my wins. The end is not good sometimes. Instead of having a win, not only I lost them back, I lost even my starting money.

Maybe all gamblers have experienced something like you, including me. I think it's natural that when gambling we get carried away and forget to stop so that we lose our initial capital again, but this only happens occasionally. If, for example, something like this happens to you over and over again, it means your mentality needs to be changed, bro. This kind of mentality is very dangerous for your future in gambling, you could say this is an indication of gambling addiction, because you continually cannot control yourself to stop, and don't even know when to stop.

Indeed, betting money is not your goal because all you are after is excitement and challenge. But even though gambling is just for fun, you have to know when it's time to play and also be able to know when it's over.

Yes, but no worries. I'm not like this every time I gamble. I can stop when I need to stop, at least most of the time. This only happens sometimes. At other times, I extend for a little while after I say it's over, but it is all right. That happens to all people in many things that they do. Sometimes we say this is the last episode but then we extend one more. Or we say this is the last bottle and I'm good but we add 1 or 2 more. That's the same with gambling. Sometimes I say I'll have my last round but I actually stopped after 2 or 3 rounds. I think this is very normal, nothing worrying.

[Pumared]

Nothing is above greed in this context. Overconfidence can be really bad though because once you start acting too confident, it seems bad luck just starts (as per my experience). On the other hand, greed is so dangerous that you can lose everything you have won, and nothing hurts as much as losing the money when you had a really huge amount that you could have walked away but you didn’t. And some gamblers have a combination of both overconfidence and greed which is even more disastrous.

I agree. That's why it's so important to set goals for yourself. This way you will avoid many problems and if you stray from these goals you will unfortunately be doomed to lose everything you have. That's why it's good to play in moderation and if you want to be bolder, do it in something more likely to win!

[tbterryboy]

Overconfidence and greed are interconnected because someone who becomes overconfident will mostly become greedy because of it. When you are winning constantly, you become overconfident and that also makes you greedy because you start thinking that if you are winning, why not increase the stake so that you can win higher amounts? And when you do that, you lose everything you've managed to win in no time and then you start regretting your decisions.

You are right that most gamblers repeat these mistakes because even if they lose everything multiple times because of getting overconfident and greedy, they would barely learn anything from their mistakes, and they start repeating the same thing after a few days. Gamblers tend to ignore things like these very easily.

[Hirose UK]

~snip~

The gambler who start to win the game will get the greedy as their assets from the gambling site.I had come across many gamblers for this greedy,but one of my friend was not recovered from the greedy.All the game loss made by them was only because of his greediness.If my friend was asked by other friends about the greedy recovery,they just justify.He may win some games with more multiples with the high risk in the past,it was justified for the greediness.Because of some high multiples caused with the help of casino experience he will bet with over confidence in the game and may loss the full capital.

We will find many gamblers who have such greedy attitude in all gambling environments, whether offline gambling or even online gambling groups, but what they end up with is just problem that is difficult to solve.
What is clear is that losing all the winnings money even involves savings money because when they win and try to winnings bigger then the winnings are the capital that will be used and when it is used up then emotions increase, this is where he starts using additional capital from savings money.
In this way, they should learn and begin to organize self-control over all desires for every success, there must be an effort in trying to accept every result even if it is only small amount.
As gambler, must also be able to have responsible attitude towards the decisions will take, but what really must be prioritized is financial management with strict restrictions.

Moreover, when lose all money and lose some of winnings, will definitely feel regret and every gambler certainly doesn't want to feel regret.
We must learn from every experience and forget or abandon anything that makes us forget control and give up managing money and time.

[Unbunplease]

Greed is the most dangerous thing that can haunt a player. Being seized by this feeling, he will never withdraw his funds. It will always seem that he won't win enough. Therefore, it is necessary to find the strength, and withdraw a certain percentage of winnings, regardless of its size. Only such discipline will help to feel satisfaction from the game

[piebeyb]

You are right that most gamblers repeat these mistakes because even if they lose everything multiple times because of getting overconfident and greedy, they would barely learn anything from their mistakes, and they start repeating the same thing after a few days. Gamblers tend to ignore things like these very easily.

This means that perhaps it is too arrogant to admit defeat and mistakes that are often made repeatedly, gamblers should fully understand gambling, where losing is also part of gambling that must be acknowledged, that's why they have to make the same mistakes just to catch up and recover from those losses, even though they should This can be used as a lesson so as not to repeat the same mistakes as before and to be more careful.

I would not be surprised if gamblers often ignore the mistakes they make, mostly it is true that they make the same mistakes over and over again without thinking long about the risk of losing more money. Personally, I am probably not a gambler who easily makes the same mistakes because every time I experience it mistakes in gambling I often learn not to make the same mistake again and keep repeating it, obviously it makes me lose a lot of money if I keep doing it, in gambling you have to be able to control yourself and be responsible so you don't make the same mistake.

[Dewi Aries]

Greed is the most dangerous thing that can haunt a player. Being seized by this feeling, he will never withdraw his funds. It will always seem that he won't win enough. Therefore, it is necessary to find the strength, and withdraw a certain percentage of winnings, regardless of its size. Only such discipline will help to feel satisfaction from the game

This is the trait possessed by gamblers who have entered the addiction phase or this is an indication that can make you ultimately addicted to gambling activities, the inability to accept the amount of victory and always think of being able to get a much larger amount is the mindset of gamblers who come and get involved based on the hope of multiplying, however gambling cannot be made a place to earn because the possibility of risk can always not be avoided completely. And we can see when someone always tries to apply their greed then usually the opposite happens which is where instead of getting a win but what happens is they lose a larger amount.

Therefore it is always advisable to have a proper understanding of gambling, this is a probability activity that only provides "possibilities" to each gambler, you can win and you can lose at any time without you knowing, therefore there is nothing better than cashing out when you manage to get a win because if you apply greed then it's the same as you again depend on luck which is basically unknown when it comes, however it is a healthy gambling activity if you are able to enjoy the results of victory.

[Fivestar4everMVP]

Well, I personally will not consider over confidence and greediness in gambling as a mistake, because, this two things are both something that will always be repeated over and over again no matter how much we preach and ask people to avoid this.

Over confidence sometimes slips in naturally without the gambler even knowing it, and this often happens after the gambler have experienced a series of winning streaks, any gambler can become over confident in themselves after such a winning, but to avoid losing all the previous winning in just one game, it is advised that such a gambler only continue to gambler with a small amount of money, just as he or she has been gambling before the major win.

The same advice goes to those who are greedy for more, every gambler should know when to stop, most especially after making some really good winnings, being greedy at this point can only lead to the gambler losing what he or she had won before.

[asyakashi]

What most gamblers experience is that they are greedy for winning and not satisfied with what they get, including me personally, sometimes this happens if the atmosphere in the game is quite tense, but not often, I often withdraw my money when I get a profit of 100% of the total capital.

[Mame89]

I guess the major reason for this problem is confidence of having luck on your side during your gambling. Some times one could win a gamble bet of $1k starting from a $20 stake, and due to the wining strike, the gambler thinks luck is on his side and would continue for a while, only for him to play and discover that he has lost everything bothe the initial money used for stake to win the $1k. Greed is one of the characteristics of a gambler but what matters the most is your ability to control your emotions and actions.

In many places, having a greedy character is not a good thing, especially in gambling games which are full of risks. Many confident gamblers still want to continue gambling when they have won but in the end they lose again. It is true that self-confidence in playing is really needed, this is so that we don't give up easily when gambling, but if self-confidence is combined with greed then you as a gambler will go bankrupt.

Just look at the many examples of people going bankrupt while gambling, starting from greed, but initially they won. However, because he wanted to win more than he was getting now, he ended up losing his winnings again because he was too eager to chase a bigger win. However, to be a responsible gambler, he must know when to stop and when to continue gambling with different strategies.

[marcous]

What most gamblers experience is that they are greedy for winning and not satisfied with what they get, including me personally, sometimes this happens if the atmosphere in the game is quite tense, but not often, I often withdraw my money when I get a profit of 100% of the total capital.

I often see my friends lose control when they win a bet or hit a jackpot while playing slots. What even worse is that they never had time to withdraw their initial capital, and similar incidents occur very often due to greed and the desire to win continuously. Even though we know that luck in gambling is only temporary, and the money will run out again if it is not withdrawn immediately, because gambling addiction has made him lulled. Another habit of them is telling the history of the game, and the history of them spending all the money they have won before "if only I had withdrawn the money I could have used it to buy something". That's a sentence I often hear coming out of their mouths, they never think about gambling responsibly, when they are addicted they will spend more capital.

[oktana]

Overconfidence and greed are interconnected because someone who becomes overconfident will mostly become greedy because of it. When you are winning constantly, you become overconfident and that also makes you greedy because you start thinking that if you are winning, why not increase the stake so that you can win higher amounts? And when you do that, you lose everything you've managed to win in no time and then you start regretting your decisions.

You are right that most gamblers repeat these mistakes because even if they lose everything multiple times because of getting overconfident and greedy, they would barely learn anything from their mistakes, and they start repeating the same thing after a few days. Gamblers tend to ignore things like these very easily.

Agreeable because the overconfidence actually comes from when you start thinking you’ve got this and you’re in control whereas it’s just been luck, even if you applied some statistical analysis. Then you think you are in control so you double your stake (greed), and that’s when you go back to zero. Very true.

[Wakate]

Some of the mistake was repeated by the gamblers even after the loss in the gambling.The foremost one is the greedy,the gamblers mostly the new gambler get into the greedy after some decent profit in the gambling site.

Over Confidence:
This was the common one to the new and experienced gamblers,because the continuous winning mostly give the greedy and over confidence to the gamblers.The gamblers will go for the high betting after the continuous winning in the betting.The positive wipe was occurred with the over confidence,most of the gamblers go for the high betting after the over confidence.

The draw back of the over confidence is most of the gamblers will make loss their holding dollars in few bets.So the gamblers should avoid the over confidence after the continuous winning.


Greedy:
The gambler should avoid of the greediness in the gambling after the continuous gambling winning.The gambler should try to withdraw the funds from the gambling site after the good winning in the gambling site.Many loss the capital by doing high betting and random betting with the positive wipe with more winning.The most of the successful gamblers may skip greedy in their betting.

Share your opinion about this two mistakes with your experience.

Very correct, over confidence had made many of us not to cash out the money we would have taken before the bet becomes lost. Over confidence is very bad and when we are wrong, we could be over confident that we are right. This is not in every situation actually because over confidence too have helped some persons to get to where they are now because the have the mindset of reaching such a level. We don't need to be mad or try to make things fall to outside after we have noticed that we are on the meeting side. It is not easy at all for everyone us of that is why we do see some persons betting all day so that they can earn money that can be used to take care of there families.

[Quidat]

Overconfidence and greed are interconnected because someone who becomes overconfident will mostly become greedy because of it. When you are winning constantly, you become overconfident and that also makes you greedy because you start thinking that if you are winning, why not increase the stake so that you can win higher amounts? And when you do that, you lose everything you've managed to win in no time and then you start regretting your decisions.

You are right that most gamblers repeat these mistakes because even if they lose everything multiple times because of getting overconfident and greedy, they would barely learn anything from their mistakes, and they start repeating the same thing after a few days. Gamblers tend to ignore things like these very easily.

Agreeable because the overconfidence actually comes from when you start thinking you’ve got this and you’re in control whereas it’s just been luck, even if you applied some statistical analysis. Then you think you are in control so you double your stake (greed), and that’s when you go back to zero. Very true.

They are really that indeed connected on which on the time that you would really be that overconfident then you would really be definitely be thinking that it would really be that just easy on making money with gambling without even trying out to realize that you've been making yourself that desperate or something that in talks about having those optimistic approach towards gambling.
When greed kicks in plus having those confidence then for sure you would really be busting all of your fund in the end of the day, unless if you would be lucky then you might be able to get out
but we know that people or gambler would really be just that continuing on the things that they've been doing as long they do have the funds then they would really be
playing no matter what on which they are hoping for more profits.