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Author Topic: Do the juice Worth the squeeze?  (Read 1258 times)
betswift
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August 19, 2024, 05:54:39 PM
 #141

Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


We all know that the characteristics of success is the ability to take risks but in gambling I don't think the risk worry it cause for some gamblers that spend almost half their income monthly to gamble inorder to get big amounts and wins and at the end of the day they loose everything,so definitely it doesn't worth it.

You can't take up such huge risk all because you want to earn big,what I'm saying it's not applicable to other aspects but to gambling cause it's one aspect that drains a rich man to Zero all in the name of taking risk when you're not wise enough.

This amount is, indeed, too much. Half of your profit for your entertainment or for your hobby? Nah. Except if you see it as your source of profit, but it's foolish to think so about gambling, and it's very hard to not to fall to temptations this way.

ChiBitCTy
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August 19, 2024, 06:59:20 PM
 #142

Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


So your title should read "Is" the juice worth the squeeze"..not "do" .  Sorry just become a bit of a grammar nazi over the years (not that mine is amazing or anything).

To answer the question of your thread.. I mean if you end up winning your bet you're going to say "sure the juice is worth the squeeze" and if you lose you might just be saying the opposite.  I guess really what it comes down to is risk vs reward and how much education behind the bet you're using to place it (with confidence and knowledge or just throwing a shot in the dark and hoping for the best).

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ethereumhunter
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August 20, 2024, 03:05:05 AM
 #143

Exactly!
Small money makes gambler think less when they lose their bet and it could be very hard for any of them to fall into addiction because money used to gamble can be affordable and riskable, therefore if there were to be any lost the gambler wouldn't feels it that much because there is no much value attached to the money. So people must learn to reduce their betting amount to their riskable size to help them being able to withstand any lost.
Reduces the money to bet is something that we must do so we don't have to gets a big lose in gambling. We can't win big easily from gambling because the chance will not too big so we must understand that playing gambling doesn't need to use too big money, more than the money that we can afford to lose. If we reduces the money to bet, we can prevents the big risks of losing the money.

Indeed, the risks will still be there whether you bet a large or small amount but you can reduce the risks of losing the money by placing a small bet. If you can do that, you don't have to thinks about the lose money because that is the amount you can afford to lose. That will be different if finally you use more money to playing gambling and lose that money. You will still thinks your lose and wants to recover your losses money by keep playing gambling. That can make you gets a big lose than you can imagine and in the end, you will regret because of the big lose.

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Pandu Geddon
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August 20, 2024, 03:25:14 AM
 #144

Reduces the money to bet is something that we must do so we don't have to gets a big lose in gambling. We can't win big easily from gambling because the chance will not too big so we must understand that playing gambling doesn't need to use too big money, more than the money that we can afford to lose. If we reduces the money to bet, we can prevents the big risks of losing the money.

actually, the problem of greater losses does not lie in cutting capital allocation or not. everything lies in the gambler's ability to manage the limits that he can bet.
for example, a gambler who allocates $ 100 capital every day to bet. the gambler can be consistent with the limit even though he has enough funds to increase his capital and play longer at the casino if the first capital runs out, he will not do it.

I know all gamblers must be chasing victory. increasing capital when you are in a difficult situation will not help anything. there is only a greater loss. reducing capital is also not a good thing, because maybe the level of satisfaction of playing each gambler is different.
every gambler can certainly manage their gambling activities. what must be remembered, everything must be done responsibly.

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betswift
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August 20, 2024, 05:53:45 AM
 #145

Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


So your title should read "Is" the juice worth the squeeze"..not "do" .  Sorry just become a bit of a grammar nazi over the years (not that mine is amazing or anything).

To answer the question of your thread.. I mean if you end up winning your bet you're going to say "sure the juice is worth the squeeze" and if you lose you might just be saying the opposite.  I guess really what it comes down to is risk vs reward and how much education behind the bet you're using to place it (with confidence and knowledge or just throwing a shot in the dark and hoping for the best).

Yeah, it's important to not to loose yourself if things won't go your way no matter how much was behind a bet Grin

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August 20, 2024, 05:33:28 PM
 #146

Hi,

As everyone knows the goal of betting is to get the largest amount of money , knowing that the risks do not change whether you bet a large or small amount, and sometimes the amount you bet with is your capital, and this drains you of your time and money, and perhaps your work and daily tasks.

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?


I think it’s a good point being brought up and if I am answering honestly it’s a different solution for everyone. In order to gamble responsibly one must know whether or not he can afford to lose what he is gambling, if you can’t then it’s definitely not worth it and you should carry on

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August 20, 2024, 06:48:54 PM
 #147

Do you think that the benefits in gambling Worth the invest of your money and your time with knowing that your chances are Just 50/50?
Whatever relies on luck for you to have a win should be treated with less hope and interest, not a way of investing in it because it doesn't yield fruitful results as one may anticipate.

The gambling in question is not benefiting anyone, but rather the entertainment it brings. That's why you see many gamblers gambling for the fun of gambling, not to be rich from it or depend on gambling for a living, but only to just gamble in their leisure time with little money they can lose willingly without it affecting their weekly budgets.

R


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ethereumhunter
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August 21, 2024, 02:27:57 AM
 #148

actually, the problem of greater losses does not lie in cutting capital allocation or not. everything lies in the gambler's ability to manage the limits that he can bet.
for example, a gambler who allocates $ 100 capital every day to bet. the gambler can be consistent with the limit even though he has enough funds to increase his capital and play longer at the casino if the first capital runs out, he will not do it.

I know all gamblers must be chasing victory. increasing capital when you are in a difficult situation will not help anything. there is only a greater loss. reducing capital is also not a good thing, because maybe the level of satisfaction of playing each gambler is different.
every gambler can certainly manage their gambling activities. what must be remembered, everything must be done responsibly.
Cutting capital can effect to someone to aware with his money so he will not trying to keep playing gambling. Even if someone have limitation in gambling, that doesn't mean he can still limit his money that he use to bet. Many people losing their limitation in gambling because gambling can tempts anyone including people who have limitation to keep playing gambling.

If someone can really limit his gambling activity, that will be good for him but we know how gambling can tempts anyone. If all gamblers chasing the winning, they must be careful and always remember that winning in gambling is not easy. So they must know how to manage their capital that will be used for playing gambling and always prevents from playing gambling excessively and limit their money.

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