Making decisions while betting

[promise444c5]

Emotions play an important role in influencing your betting decision-making process. Being aware of the impact of our moods and actively working to regulate them can dramatically improve our choices. By avoiding rash decisions driven by emotional highs and lows, guarding against overconfidence bias, and finding a balance between caution and risk, we can enhance our chances of success in  betting.

How do we regulate our emotions while betting and how important is it?

There no way emotions  won't  overcloud your judgement,  your ability to make decision in betting  is mostly triggered by what you feel toward outcome of an event and you picking to your affirmative  level remains a guess as its  always a future event .
The are no ways to regulate it but you can control it through calmness  toward your  decision making, right decisions  could be made from this  and so as well a wrong( remember future events )
Not all are future events though, some require an intellectual  thinking skill and there's no way you aren't  considering  emotions  with it

[Rampagoe004]

How do we regulate our emotions while betting and how important is it?

I think that would be very important. Wise gamblers are those who can regulate their emotions while gambling. We are not robots who can play without emotion. But we must be able to regulate our emotions so that attitudes such as overconfidence, greed and FOMO can be controlled well so that you will not experience losses and become addicted to gambling. I think what we are talking about here is about reducing the impact of gambling addiction caused by us not being able to regulate our emotions. One way is that you can make several rules that you must obey. That will minimize your emotions controlling your betting.

[irhact]

Gambling decision are better made before even starting the gambling. Decisions such as amount to bet, amount to win, when to stop and every other necessary details must be decided before starting placing the bet or starting the gambling. This is because during the gambling sessions, decisions are not properly made because there is anxiety, bias and other forces that will hinder sound judgement. So the best way to go about this is planning everything before even getting started.

But still after planning, you have to keep an opened mind as gambling isn't a predicted activity, things can turn out differently and you have to be ready to accept the results that you got instead of the results that you had in mind. You can plan how much you want to win as you don't know what the odds are before gambling. It's after you have staked that you'll see what the potential payout is going to be then you'll make a decision if you'll accept it or go and bet on other games with higher odds.

When you start gambling, limit the decision you make on the capital you're going to use as the games can influence you and make you want to add more money than you initially wanted to use in gambling. When you start gambling, if you don't watch your decisions, you might end up betting more than you budget and spend more time too so before you start gambling make sure you make all this decisions already.

[SeriouslyGiveaway]

All of the factors you mentioned above belong to emotion. Feelings of fear, stress or overconfidence are all emotions that arise before and while we gamble. Just like you said, emotions are what govern everything and are the most important thing we need to practice if we want to survive in this market. No matter how good your method is, if you cannot control your emotions, you cannot get good results. Gambling is a psychological subject where the probability between winning and losing is 50/50, but if you are psychologically unstable, you often choose to losing door rather than win.

[Su-asa]

How do we regulate our emotions while betting and how important is it?

You are very correct mate. All these points listed above plays a vital role when it comes to gambling. Most times we tend to over look the fact that gambling and winning is by chance and loss is inevitable. When we play we should take possible calculations and estimate our odds or chance of winning. Most people tend to mistake victory for winnings in gambling which lucks plays a role in both. When we win a game, it's not because we were too good or are experts that's made it play through. If luck doesn't play it's part, you may end up losing.

Also being too confident after a recent winning will lead us to our loss. After a win, we should settle down and calculate what we had really done, to make the wins possible. This way we will be able play our next game more efficiently if luck is still on our side. Don't let your emotions come in when you play to avoid even further losses.

Over confidence has been one of the factors that had been affecting us in gambling and one of the ways we can overcome it is by being patient and always calming our spirit whenever it's time for us to make decisions and what to do next in gambling. There are some bets that need thorough thinking for us to get it right. We need to know what we are doing or else we are going to end up losing and keep losing because of some mistakes that needed to be amended for us to keep making money from what we are do. Emotions is another problem that most gamblers always face to make money from the market.

over confidence can lead to more loses, one can not know if what he's confidence for is not confident for him/her and when they try it they fail. Over confidence can make a gambler to overestimate his losing and to find winning. Over confidence might make you win and it can also make you lose. Over confidence will also makes you not to make good decisions  and without good decisions you might also make many mistakes.

[Hatchy]

Gamblers need to create a set of rules for themself and stick to them, even in the face of strong emotions, it can help guide decisions and reduce impulsive behavior. If gamblers practice mindfulness techniques or take breaks to recenter themself, They can be beneficial in maintaining emotional control during critical moments. Emotions are an inherent part of being human, but developing strategies to manage them effectively can significantly improve the ability to navigate the complexities of gambling and make more informed choices.

We all know that as a gambler, we tend to break our own rules and some other rules available to us. During your gambling period, when emotions sets in, we often forget about rules and play without thinking straight especially when we tend to loss. Yes, emotions can be controlled but someone who isn't able to control such will make wrong decisions during his gambling activities. These wrong decisions will probably lead to their fall.
Sometimes during wins, even when we try to get in control of our excitations, we may overlook some points and try to see a better win. Some times some gamblers goes back with the taught that they might get even bigger winnings but they ebd up losing it all.

[Accardo]

I think that would be very important. Wise gamblers are those who can regulate their emotions while gambling. We are not robots who can play without emotion. But we must be able to regulate our emotions so that attitudes such as overconfidence, greed and FOMO can be controlled well so that you will not experience losses and become addicted to gambling. I think what we are talking about here is about reducing the impact of gambling addiction caused by us not being able to regulate our emotions. One way is that you can make several rules that you must obey. That will minimize your emotions controlling your betting.

Setting up rules is crucial and requires soft procedures, most players set up rules that are hard to abide by. The process should be ongoing and the player needs to enjoy it, to remain relevant in the game. Those rules are not just on winning, but other factors that boost emotional stability, like critical thinking and setting boundaries. Abiding by the rules on what should be done or not. Gambling requires money and players need to earn the funds before participating in the game. Not achieving the proposed goal, puts the gambler in pain. Which is a starting point for anxiety and fear. Nobody feels comfortable losing their money on what they don't understand.

Naive gamblers think that the wins are the payment for gambling. But forget that it's all a human activity and affects every aspect of our lives. So, regulating our emotions helps in being observant, and structural in all moves about to be made while gambling. Neglecting emotions fuels mistakes and reckless gambling. Leading to addiction. A gambler who has no limitations or goals can become addicted. Due to his uncertain belief about what works or not. Players who obey their rules, already, know it works in limiting mistakes like losses while gambling. Saving up money is also a way of earning money. So, it's important to be smart while gambling.

[Z390]

Overconfidence: Emotions can also lead to overconfidence, where we believe that our abilities and knowledge are superior to what they actually are. When we are in a positive emotional state, such as feeling confident or happy, we tend to overestimate our chances of success and underestimate the risks involved. This can lead to excessive betting and poor decision making. For example, if you are on a winning streak and feeling overconfident, you may ignore important information or ignore warning signs that indicate a potential loss.

Overconfidence shouldn't cost you a thing if you are used to using only what you can afford to lose, it's the most fair one on your list, because I can become overconfident risking $1 on a bet versus someone who is overconfident and risk $1000 on a single bet, who will be pained if losses comes?

Forget feelings, what you choose to risk when gambling is everything, if you can stick to risking small amount of money, you will be fine, every other things like anxiety, fear, and other emotional garbage won't make any difference to you, because you protect yourself using small money.
To become a responsible gambler is in fact a very easy thing to do, you need a paying job and you need a small amount out of your salary to risk on gambling, if you are making $1000 in a month, you can easily keep gambling with $10 every week, in a month that's $40, you will have $960 to keep living your life as if nothing happen.

[ethereumhunter]

over confidence can lead to more loses, one can not know if what he's confidence for is not confident for him/her and when they try it they fail. Over confidence can make a gambler to overestimate his losing and to find winning. Over confidence might make you win and it can also make you lose. Over confidence will also makes you not to make good decisions  and without good decisions you might also make many mistakes.

If gambler know that they don't have to react anything to gambling, they will not lose too much money. They only need to react as a normal thing about the win and lose so their minds will not thinks about recovering their lose because that will not easy to gets. Over confidence can makes someone feel superiors than the others and he will not considering that he needs to stop gambling after he lose because his minds will keeps telling him to continue playing gambling. If someone can manages his emotions and when he already lose some money, he will try to stop playing gambling and will not trying to recover his loses. He knows that can cause him losing more money and that means, he will face bigger problems than he can imagine.

[Dewi Aries]

over confidence can lead to more loses, one can not know if what he's confidence for is not confident for him/her and when they try it they fail. Over confidence can make a gambler to overestimate his losing and to find winning. Over confidence might make you win and it can also make you lose. Over confidence will also makes you not to make good decisions  and without good decisions you might also make many mistakes.

If gambler know that they don't have to react anything to gambling, they will not lose too much money. They only need to react as a normal thing about the win and lose so their minds will not thinks about recovering their lose because that will not easy to gets. Over confidence can makes someone feel superiors than the others and he will not considering that he needs to stop gambling after he lose because his minds will keeps telling him to continue playing gambling. If someone can manages his emotions and when he already lose some money, he will try to stop playing gambling and will not trying to recover his loses. He knows that can cause him losing more money and that means, he will face bigger problems than he can imagine.

That's right, as you said that if gamblers know how to react when something happens to them in gambling then obviously they shouldn't experience a significant amount of losses, but the reality is not like that which is the opposite that most gamblers experience an increase in the number of losses and that means they have the wrong reaction in response to losing in gambling which ultimately leads to a larger number of losses.

Having excessive confidence in gambling can certainly make a person do more crazy actions, I am sure that they are actually unable to take responsibility for their actions when the final result does not match their expectations which means that having high confidence in winning will only make you end up with regret and disappointment along with a worse situation which means that your number of losses is even greater. On the other hand, this is a typical gambler who comes with the intention and purpose to earn so they bring high confidence because they are based on the hope of winning, while responsible gamblers are those who prioritize or prioritize risk management so as you said that all they think about is stopping as soon as possible without thinking about the recovery phase.

[adzino]

I never understood how keeping emotions in check while betting changes anything. Your odds of winning doesn't change no matter how much you control your emotion. Again the truth is, trying to completely "regulate" our emotions is something impossible to do. It's just not how we're wired. We're human and all those highs and lows is what makes as a human. Instead of trying to suppress what you feel (which can feel pretty unnatural and will eventually cause you to take more bad "decisions"), the key might be to acknowledge those emotions and then based on those emotions you play your game. You feel frustrated? I think it is time to take a break and play later. You feel like you are going to win, why not try your luck? Bet for the thrill. Consider gambling as paying for entertainment rather than a  way to make bank. Treat any profits as a sweet bonus that will let you play more. Set limits and you are good to go!

[Questat]

I never understood how keeping emotions in check while betting changes anything.

Keeping emotion in check is ensuring you'll never make a bad decision. It's normal to use our emotion in gambling because we are just human, but we should not go beyond on something that is considered as a "don'ts" as it will  only destroy us in gambling.

Your odds of winning doesn't change no matter how much you control your emotion.\

For a certain game yes, but if you are into long term gambling and you want to build a decent winning percentage, controlling your emotion will be able to help you follow your game plan. What if you are good in predicting the winner (say sports betting), you can win most of the time, but because you were emotional, you bet aggressively, sometimes get greedy and go all in, you lose your bankroll. See, that's what lack of selt control will do to you.

[ethereumhunter]

That's right, as you said that if gamblers know how to react when something happens to them in gambling then obviously they shouldn't experience a significant amount of losses, but the reality is not like that which is the opposite that most gamblers experience an increase in the number of losses and that means they have the wrong reaction in response to losing in gambling which ultimately leads to a larger number of losses.

Having excessive confidence in gambling can certainly make a person do more crazy actions, I am sure that they are actually unable to take responsibility for their actions when the final result does not match their expectations which means that having high confidence in winning will only make you end up with regret and disappointment along with a worse situation which means that your number of losses is even greater. On the other hand, this is a typical gambler who comes with the intention and purpose to earn so they bring high confidence because they are based on the hope of winning, while responsible gamblers are those who prioritize or prioritize risk management so as you said that all they think about is stopping as soon as possible without thinking about the recovery phase.

They will prevent the losses not to become bigger as they knows that will impact to their money amount. They can response as it should be if they lose on the gambling games and never trying to recover their losses. They will knows what they must do and what to react when something happens to them while they playing gambling games. They will have a chance to hold themselves for not makes their emotional becomes higher when they losses.

Excessive confidence in gambling is just makes them forget about how to stop playing gambling because they will be sure that they still have a chance to win. But that doesn't seems like as they expect because when they lose, they will difficult to win and that can increase their losses. If that happens, many gamblers can't take responsibility for their actions because they are not thinks that can happens to them. But after seeing what happens to them, they realizes that they are now in a trouble and difficult to solve if they don't have a strong intentions to solve the problems. They will regrets of what happens to them but some gamblers will not feel too regrets as they can repeat the mistake in the other days. That's why we must be responsible gamblers to prevents many problems that can occurs to us while we playing gambling because that can gives worst situations that we never imagine.

[Fivestar4everMVP]

I never understood how keeping emotions in check while betting changes anything. Your odds of winning doesn't change no matter how much you control your emotion. Again the truth is, trying to completely "regulate" our emotions is something impossible to do. It's just not how we're wired. We're human and all those highs and lows is what makes as a human. Instead of trying to suppress what you feel (which can feel pretty unnatural and will eventually cause you to take more bad "decisions"), the key might be to acknowledge those emotions and then based on those emotions you play your game. You feel frustrated? I think it is time to take a break and play later. You feel like you are going to win, why not try your luck? Bet for the thrill. Consider gambling as paying for entertainment rather than a  way to make bank. Treat any profits as a sweet bonus that will let you play more. Set limits and you are good to go!

Honestly, I have to say that you are right, though you seem to understand the discussion from a wrong context, putting emotion in check that is being discussed about is not that it increases one's chances of winning, for for course, winning still largely depends on how lucky the gambler is regardless of knowledge and skill levels, putting emotions in check helps the gambler not to over gamble, like playing when he or she should be taking a break.

It's just like losing a huge sum of money, and instead of the gambler to take a break and allow him or herself heal from the pain and regret of that loss, he or she engages him or herself in what is called revenge gambling, trying at all cost to win back the money he or she has lost, and you will agree with me that it's only a very few gamblers who engage in this type of gambling and later came out successfully, the majority always end up losing even more money than they previously lost, which most of the time lead to a very frustrating situations and even suicidal thoughts for some.

[retreat]

Emotion : When we experience intense emotions, such as excitement or disappointment, our decision-making abilities tend to be impaired. These emotional highs and lows can cloud our judgment and lead us to make impulsive or irrational choices.

Emotions are usually the most crucial factor influencing a gambler's decision making. When gamblers are too happy or too sad, whether because of winning or losing, usually they will make the wrong decision and that can cause them to lose in subsequent gambling, because they are too emotional and ignore their logic. That's why it's important for gamblers to be able to control their emotions and get used to taking breaks when they feel too emotional, so that their emotions will not influence their decision making.

[Julien_Olynpic]

It is important to pay attention to emotions, because they can cause you to abandon your strategy. For example, you see some remarkable pattern in the game and decide to act a little more aggressively. As a result, fear paralyzes you and you miss a great opportunity. Conversely, you made a good profit, it’s time to withdraw it and enjoy the victory, but instead greed awakens in you, which forces you to make more and more random bets until you completely lose your bankroll. You may also feel indecisive in situations where you need to act quickly and responsibly. Or you may become frivolous when you should be serious.

[Rockstarguy]

How do we regulate our emotions while betting and how important is it?

The first aspect of regulating your emotions is to stake responsibly. When you overstake, your emotions can get the better of you while playing games and you make wrong decisions.

You should also take the safe decisions at all times, especially with cashouts. Many players try to take as much money as they can and refuse to cashout even when they get a good deal. I recommend to take that deal as the outcomes are not guaranteed.

- Jay -

I think playing responsible is the best decision one can take while playing gambling, this will help in regulating lose in gambling.  What usually brings emotions in gambling is when people play excessively with over confidence then emotion comes in but one who plays responsible I don't think think it will develop any emotions.  Playing responsible helps people to play with amount that they can afford to lose and if eventually they lose, I don't think it will result to any emotions.  When you understand to play responsible I don't think you will have problems in gambling,  that is why the gambling companies always advice their customers to play responsible.

[Dewi Aries]

That's right, as you said that if gamblers know how to react when something happens to them in gambling then obviously they shouldn't experience a significant amount of losses, but the reality is not like that which is the opposite that most gamblers experience an increase in the number of losses and that means they have the wrong reaction in response to losing in gambling which ultimately leads to a larger number of losses.

Having excessive confidence in gambling can certainly make a person do more crazy actions, I am sure that they are actually unable to take responsibility for their actions when the final result does not match their expectations which means that having high confidence in winning will only make you end up with regret and disappointment along with a worse situation which means that your number of losses is even greater. On the other hand, this is a typical gambler who comes with the intention and purpose to earn so they bring high confidence because they are based on the hope of winning, while responsible gamblers are those who prioritize or prioritize risk management so as you said that all they think about is stopping as soon as possible without thinking about the recovery phase.

They will prevent the losses not to become bigger as they knows that will impact to their money amount. They can response as it should be if they lose on the gambling games and never trying to recover their losses. They will knows what they must do and what to react when something happens to them while they playing gambling games. They will have a chance to hold themselves for not makes their emotional becomes higher when they losses.

Excessive confidence in gambling is just makes them forget about how to stop playing gambling because they will be sure that they still have a chance to win. But that doesn't seems like as they expect because when they lose, they will difficult to win and that can increase their losses. If that happens, many gamblers can't take responsibility for their actions because they are not thinks that can happens to them. But after seeing what happens to them, they realizes that they are now in a trouble and difficult to solve if they don't have a strong intentions to solve the problems. They will regrets of what happens to them but some gamblers will not feel too regrets as they can repeat the mistake in the other days. That's why we must be responsible gamblers to prevents many problems that can occurs to us while we playing gambling because that can gives worst situations that we never imagine.

Yes, it can be done for those who "know and realize" about the possible risks in gambling that can never be completely avoided, and you cannot instantly conclude that they "will not do" some things that are prohibited because not all of them know about what they can and cannot do in gambling, especially when they are in certain situations, because for someone who does not have the right and proper understanding, it is clear that they will have a different reaction, especially when they are in a losing situation where emotions will dominate and chasing defeat becomes one of their ninja ways to pursue a recovery phase that is actually impossible to realize.

Yes, what you described above are bad habits and behaviors that someone who is addicted to gambling has, starting from having high self-confidence, putting hope in winning and all of that leads to the act of treating gambling excessively which in the end will clearly cause many new problems that are difficult to solve and maybe they will only feel regret if they really realize that what they have done so far is wrong in treating gambling, but sometimes there are also those who do not realize at all and instead continue to act more aggressively.

[Hypnosis00]

How do we regulate our emotions while betting and how important is it?

The first aspect of regulating your emotions is to stake responsibly. When you overstake, your emotions can get the better of you while playing games and you make wrong decisions.

You should also take the safe decisions at all times, especially with cashouts. Many players try to take as much money as they can and refuse to cashout even when they get a good deal. I recommend to take that deal as the outcomes are not guaranteed.

- Jay -

I think playing responsible is the best decision one can take while playing gambling, this will help in regulating lose in gambling.  What usually brings emotions in gambling is when people play excessively with over confidence then emotion comes in but one who plays responsible I don't think think it will develop any emotions.  Playing responsible helps people to play with amount that they can afford to lose and if eventually they lose, I don't think it will result to any emotions.  When you understand to play responsible I don't think you will have problems in gambling,  that is why the gambling companies always advice their customers to play responsible.

Whether they lose or win, gamblers always become too emotional all the time. Should we take it as a big problem? Well, that is right because this will lead to making wrong decisions that even worsen the situation, it is just like the creator of another problem. Yes, gambling responsibly will help a lot but to be honest, this won't be easy as we say. Let us say casinos are promoting this Gambling Responsibly, unfortunately, only a few gamblers got into such a thing while the majority remains irresponsible. But who benefits the most? That is the casino and any gambling platforms.
This can't be solve with that thing and the casino is never held liable for our actions, we do it by ourselves.

[serjent05]

Emotions play an important role in influencing your betting decision-making process. Being aware of the impact of our moods and actively working to regulate them can dramatically improve our choices. By avoiding rash decisions driven by emotional highs and lows, guarding against overconfidence bias, and finding a balance between caution and risk, we can enhance our chances of success in  betting.

How do we regulate our emotions while betting and how important is it?

There no way emotions  won't  overcloud your judgement,  your ability to make decision in betting  is mostly triggered by what you feel toward outcome of an event and you picking to your affirmative  level remains a guess as its  always a future event .

Not entirely true.  In terms of our favorite team competing, it is obvious that we wanted to  bet on our favorite team but knowing the boundaries of being a fan and risking money to earn more money can enable us to control our emotion and not betting on our favorite team if we analyzed that our favorite team will not win.  Being knowledgeable over the available information can help us control our emotion and let it not affect our judgement. Betting based on analysis and information is very different than betting based on emotion.

The are no ways to regulate it but you can control it through calmness toward your  decision making, right decisions  could be made from this  and so as well a wrong( remember future events )
Not all are future events though, some require an intellectual  thinking skill and there's no way you aren't  considering  emotions  with it

The underline words are conflicting, claiming that there is no way to regulate (regulate means control) then offering a method to control the emotions simply nullifies the point of the statement.  But in sports betting it isn't an intellectual thinking that is needed, it is the analysis that is much required in order to come out with a higher chance of winning decisions.  An analysis relies on facts and breaking down the capability of the team and their possible advantage and disadvantage.  this needs no emotion to weigh the differences precisely.