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Author Topic: Making decisions while betting  (Read 2794 times)
I_Anime
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May 17, 2024, 12:54:54 PM
 #361


Yes, your opinion may be correct. When someone wants to enter the world of gambling, they hear fun things about gambling so that person will become more confident in entering and being able to get what they want in the casino.
Yes, experienced gamblers are indeed different from novice gamblers. The final difference is clearly visible in terms of self-control when playing, limiting time and bets when playing gambling and there is also in terms of thinking and awareness, namely experienced gamblers appear more confident because they have previously had good experience. or bad, while novice gamblers appear confident, if they are not equipped with the right knowledge, then beginners will often lose due to this excessive behavior


Yeah most people are into gambling base on the information they have gotten from some sources, but most are base on the wins they have seen from some sources, which may trigger the urge of wanting to get rich quick and pretty fast, which everyone are aware that such mindset ain't right. Because with such mindset chances of one losing alot is pretty high .

Imo the reason most experienced gamblers are different from a novice , is base on the knowledge they possess as a gambler. Because most experience gamblers do make countless losses even when having such , good knowledge on how gambling works. But still most doesn't apply such knowledge in their gambling sections. So we should always put those knowledge in a good use in minimising losses and other related stuff.


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May 17, 2024, 01:18:58 PM
 #362

Yeah most people are into gambling base on the information they have gotten from some sources, but most are base on the wins they have seen from some sources, which may trigger the urge of wanting to get rich quick and pretty fast, which everyone are aware that such mindset ain't right. Because with such mindset chances of one losing alot is pretty high .

Imo the reason most experienced gamblers are different from a novice , is base on the knowledge they possess as a gambler. Because most experience gamblers do make countless losses even when having such , good knowledge on how gambling works. But still most doesn't apply such knowledge in their gambling sections. So we should always put those knowledge in a good use in minimising losses and other related stuff.

That's the more reason why many individuals fail in gambling cause they  do not go into it with better understanding about how it works, a lot of individuals who get carred away by their emotions are those who weird other maybe there neighbors win a certain amount from gambling and then seen that as an opportunity to get wealthy too, such individuals would always fail especially when they know little concerning gambling.

 Apart from gambling, before any individuals would go into anything be it business or whatever they should have proper knowledge about such thing and since gambling is a game of luck, that's enough to gather knowledge about it before trying your luck else you could lose and start chasing loses to recover lost funds and that being said is one of the reasons why many gamblers become addicted.

R


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Judith87403
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May 17, 2024, 01:27:45 PM
 #363

What you have said so far is nothing but the truth but sometimes the reason why will loss money on betting is not actually because of emotions yes, there are people that even in their excited State they will still win bet.
 I still don't know why someone we have so much confident in him/herself on betting knowing fully well that he/she is not the one that will play the ball inside pitch, though sometimes It leads to huge profit and sometimes it leads to huge loss.

Morever, that is how betting is suppose to be because if we keep making profit don't you think the company will fold. Asking how we can regulate our emotions and how is it important, first emotions is generated base on feeling we have towards a particular thing so to regulate it you will first stop your feelings towards betting and the important is that once you stop, you will start saving money let's say you use to spend 500k a week because you have stopped the feelings you will now be spending like 50-100k and then saving 400k.
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May 17, 2024, 02:42:40 PM
 #364


Experienced gamblers who manage to work on their gambling activities use that advantages in preventing addiction, they setup the limits and by the experienced they gain around they now that staying with the set limitations allows them not to risk a lot, though there's time that they still overexceed from the set limit but they immidiately cope up and stop.

The key factor is to follow whatever you setup and always avoid following your emotions, which mostly put you in deciding something that you might regret after.

Yes, experienced gamblers are likely to remain consistent in maintaining good control when playing gambling and they also know the appropriate and wise rules to follow when playing gambling and I agree with you that the main key is that as gamblers we must be sure and follow the method. what is in our hearts and minds, with this we will be able to learn to analyze well and also be able to control our emotions so that they remain stable.


Yeah most people are into gambling base on the information they have gotten from some sources, but most are base on the wins they have seen from some sources, which may trigger the urge of wanting to get rich quick and pretty fast, which everyone are aware that such mindset ain't right. Because with such mindset chances of one losing alot is pretty high .

Imo the reason most experienced gamblers are different from a novice , is base on the knowledge they possess as a gambler. Because most experience gamblers do make countless losses even when having such , good knowledge on how gambling works. But still most doesn't apply such knowledge in their gambling sections. So we should always put those knowledge in a good use in minimising losses and other related stuff.

The answer is yes, that's right, because what differentiates experienced gamblers from novice gamblers is the knowledge factor that each individual has acquired, both experienced gamblers are clear in terms of understanding and knowledge that they have experienced and found around them, whereas for novice gamblers it is about understanding knowledge. and their knowledge is definitely still a layman and has minimal experience with all of this.
And slowly, if we have gained this understanding and knowledge, we as gamblers must apply it as well as possible to avoid major negative impacts in gambling.

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May 17, 2024, 08:27:55 PM
 #365

Yeah most people are into gambling base on the information they have gotten from some sources, but most are base on the wins they have seen from some sources, which may trigger the urge of wanting to get rich quick and pretty fast, which everyone are aware that such mindset ain't right. Because with such mindset chances of one losing alot is pretty high .

Imo the reason most experienced gamblers are different from a novice , is base on the knowledge they possess as a gambler. Because most experience gamblers do make countless losses even when having such , good knowledge on how gambling works. But still most doesn't apply such knowledge in their gambling sections. So we should always put those knowledge in a good use in minimising losses and other related stuff.

That's the more reason why many individuals fail in gambling cause they  do not go into it with better understanding about how it works, a lot of individuals who get carred away by their emotions are those who weird other maybe there neighbors win a certain amount from gambling and then seen that as an opportunity to get wealthy too, such individuals would always fail especially when they know little concerning gambling.

 Apart from gambling, before any individuals would go into anything be it business or whatever they should have proper knowledge about such thing and since gambling is a game of luck, that's enough to gather knowledge about it before trying your luck else you could lose and start chasing loses to recover lost funds and that being said is one of the reasons why many gamblers become addicted.
Man, it's like everything else. That sensation of seeing your neighbor win big on the lottery or hitting a lucky run at the casino is easy to get caught up in. If you don't understand gambling, you could fall hard. Know everything. You're playing emotional roulette without understanding gambling's chances, statistics, and randomness. Instead of deciding, you're wishing

It's not about denigrating gambling? To respect it. Learn the mechanics, set limits, and realize it's fun, not a job. Learning to enjoy the game without jeopardizing everything is the goal. I think we can help people gamble responsibly without fear of financial ruin by fostering good behaviors. It's awareness, self-control, and beastly knowledge, you know

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May 17, 2024, 08:50:50 PM
 #366


Experienced gamblers who manage to work on their gambling activities use that advantages in preventing addiction, they setup the limits and by the experienced they gain around they now that staying with the set limitations allows them not to risk a lot, though there's time that they still overexceed from the set limit but they immidiately cope up and stop.

The key factor is to follow whatever you setup and always avoid following your emotions, which mostly put you in deciding something that you might regret after.

Yes, experienced gamblers are likely to remain consistent in maintaining good control when playing gambling and they also know the appropriate and wise rules to follow when playing gambling and I agree with you that the main key is that as gamblers we must be sure and follow the method. what is in our hearts and minds, with this we will be able to learn to analyze well and also be able to control our emotions so that they remain stable.

Of course because after all and in any case when someone is experienced it means that they already have a lot of knowledge which makes them someone who is trained in the field which indirectly gives them the knowledge of what to do and what to avoid. It is a fact that gambling is a "contingency" activity that tends to always be risky and we often hear about many gamblers who end up going down and I believe one of the reasons why a professional gambler always prioritizes various precautions such as keeping their emotions stable is because they have experienced various adverse effects when they were not able to control their gambling activities before.

But one thing we have to remember that even though someone has become a professional still for the problem of generating winnings they have nothing more than a chance and we all have the same chances as them even though we are just ordinary gamblers or beginners, meaning that professionals are not a guarantee to always be able to get a win, in the end it is still the same as us, but they have different ways and methods where they always act with full calculation before finally making a decision.

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May 17, 2024, 09:09:34 PM
 #367

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 totally agree with you, and that is what is really disturbing some of the gamblers especially when they have started winning, they will start making decisions that are not relevant and before they know they will still invest all their fund both capital and profit, just to increase their profit or to recover their lost.

I was once a victim, I lost half capital that but lastly I started winning, I won quarter of the half I lost but I was not yet satisfied, because I wanted to recover all my lost, even the ones I staked previous day, so I try to stake again using all of my money to bet, so I dat I will recover all my lost and still profit too but to my greatest surprised I ended up losing everything. So it's always good to keep emotions aside while gambling because it's can make people to take decisions which will make them to regret.

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May 18, 2024, 07:16:54 AM
 #368


But one thing we have to remember that even though someone has become a professional still for the problem of generating winnings they have nothing more than a chance and we all have the same chances as them even though we are just ordinary gamblers or beginners, meaning that professionals are not a guarantee to always be able to get a win, in the end it is still the same as us, but they have different ways and methods where they always act with full calculation before finally making a decision.

That's right, when it comes to winning or luck when playing gambling, casinos don't look at the level of rich or poor, experience or beginners are the same in the eyes of the casino, yes, because gambling is luck, all groups of gamblers cannot predict or guess whether they will win or lose. and casinos do not force gamblers to set betting rates, but rather how brave they are in placing bets and of course casinos have a high risk that most gamblers often lose more than they win.
And for that reason, as gamblers, we really have to take the right actions so as not to make any wrong steps and reduce the negative impact as little as possible by maintaining good control.

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May 18, 2024, 04:39:04 PM
 #369


But one thing we have to remember that even though someone has become a professional still for the problem of generating winnings they have nothing more than a chance and we all have the same chances as them even though we are just ordinary gamblers or beginners, meaning that professionals are not a guarantee to always be able to get a win, in the end it is still the same as us, but they have different ways and methods where they always act with full calculation before finally making a decision.

That's right, when it comes to winning or luck when playing gambling, casinos don't look at the level of rich or poor, experience or beginners are the same in the eyes of the casino, yes, because gambling is luck, all groups of gamblers cannot predict or guess whether they will win or lose. and casinos do not force gamblers to set betting rates, but rather how brave they are in placing bets and of course casinos have a high risk that most gamblers often lose more than they win.
And for that reason, as gamblers, we really have to take the right actions so as not to make any wrong steps and reduce the negative impact as little as possible by maintaining good control.

Yups and I think that's the real fact that even though a gambler is those who have experience but still it will not really affect the results of his gambling, still the possibility of losing will always be able to happen at any time, or as you said that the casino does not see whether you are rich or poor, and actually we don't need to think too far because gambling is a simple thing to understand that if you are involved by betting any amount of money then you will end up with one of two possibilities at the end of the session which is between winning or losing.

On the other hand I would say that one of the reasons why more gamblers lose than win big is because from the beginning the casino has set up an algorithm where the percentage of wins is much smaller than losses, which in addition to the majority of gamblers always treat their gambling activities excessively so it is only natural that they experience more losses than wins. In the end, yes as you said that a gambler must have the right planning that they must prepare from afar before finally being tempted and falling into the wrong approach.

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May 18, 2024, 06:25:52 PM
 #370


But one thing we have to remember that even though someone has become a professional still for the problem of generating winnings they have nothing more than a chance and we all have the same chances as them even though we are just ordinary gamblers or beginners, meaning that professionals are not a guarantee to always be able to get a win, in the end it is still the same as us, but they have different ways and methods where they always act with full calculation before finally making a decision.

That's right, when it comes to winning or luck when playing gambling, casinos don't look at the level of rich or poor, experience or beginners are the same in the eyes of the casino, yes, because gambling is luck, all groups of gamblers cannot predict or guess whether they will win or lose. and casinos do not force gamblers to set betting rates, but rather how brave they are in placing bets and of course casinos have a high risk that most gamblers often lose more than they win.
And for that reason, as gamblers, we really have to take the right actions so as not to make any wrong steps and reduce the negative impact as little as possible by maintaining good control.

Indeed, there's no differences in the eyes of the house owners, they see gamblers as profits no matter how good the gambler was there are still gambler who will cover whatever the experts manage to earn from the house, all they need is the trust coming from those whales as it will attract more gamblers to use the platform, and at the end of the day casino owners will mostly earn from those different types of gamblers who use their services.

So, for the gamblers side, better to make your decision when you are well aware of the situation not just because you are being force by some factors that may affect you in taking the wrong one but better to make sure that you are in control of your own emotion.

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Aanuoluwatofunmi
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May 18, 2024, 06:37:29 PM
 #371

What you have said so far is nothing but the truth but sometimes the reason why will loss money on betting is not actually because of emotions yes, there are people that even in their excited State they will still win bet.
 I still don't know why someone we have so much confident in him/herself on betting knowing fully well that he/she is not the one that will play the ball inside pitch, though sometimes It leads to huge profit and sometimes it leads to huge loss.

Sometimes gamblers got overconfidence with the way they are gambling thinking with all hope that everything will definitely work the way they have expected it to happen, we can be confident in ourself, but too much of everything is bad, being over confidence will only lead to a poor end with the way we are gambling, we should be careful of the kind of decision we make and how every of our steps is going to influence the way we are gambling.

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zuzie
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May 20, 2024, 01:52:35 AM
 #372


On the other hand I would say that one of the reasons why more gamblers lose than win big is because from the beginning the casino has set up an algorithm where the percentage of wins is much smaller than losses, which in addition to the majority of gamblers always treat their gambling activities excessively so it is only natural that they experience more losses than wins. In the end, yes as you said that a gambler must have the right planning that they must prepare from afar before finally being tempted and falling into the wrong approach.

That's the real casino which has the aim of making a lot of profits, so from the start they already have a special algorithm to attract the attention of gamblers so that they are tempted by the benefits of getting money.
Well, this is where it depends on how each gambler realizes and responds that the casino cannot simply give away wins, in fact the casino will lose more than it wins.


Indeed, there's no differences in the eyes of the house owners, they see gamblers as profits no matter how good the gambler was there are still gambler who will cover whatever the experts manage to earn from the house, all they need is the trust coming from those whales as it will attract more gamblers to use the platform, and at the end of the day casino owners will mostly earn from those different types of gamblers who use their services.

So, for the gamblers side, better to make your decision when you are well aware of the situation not just because you are being force by some factors that may affect you in taking the wrong one but better to make sure that you are in control of your own emotion.

Yes, make a decision after being sure and aware that we will not always make a profit here and that we often suffer losses and think about making a wise decision and just stop immediately so as not to add more problems to our lives. Yes, by controlling yourself when gambling excessively and controlling emotions that don't need to be released because it will waste time and our minds will become even more chaotic.

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Fredomago
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May 20, 2024, 07:31:53 AM
 #373


Indeed, there's no differences in the eyes of the house owners, they see gamblers as profits no matter how good the gambler was there are still gambler who will cover whatever the experts manage to earn from the house, all they need is the trust coming from those whales as it will attract more gamblers to use the platform, and at the end of the day casino owners will mostly earn from those different types of gamblers who use their services.

So, for the gamblers side, better to make your decision when you are well aware of the situation not just because you are being force by some factors that may affect you in taking the wrong one but better to make sure that you are in control of your own emotion.

Yes, make a decision after being sure and aware that we will not always make a profit here and that we often suffer losses and think about making a wise decision and just stop immediately so as not to add more problems to our lives. Yes, by controlling yourself when gambling excessively and controlling emotions that don't need to be released because it will waste time and our minds will become even more chaotic.

Correct, take that complete stop and rest yourself, there's nothing good that will happen if you push yourself while you are in a situation where aggression is already dominating you, if you can do that there's no additional harm that will take place, just take that rest and allow yourself to free up some dificulty inside you,

when making decision it's better to have that clear visions and clear understanding, better to make sure that you are well aware and you are not just pushing yourself into something that may create another problem if mistake push you to create more bad decision making while you are still in session.

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Rabata
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May 20, 2024, 10:53:25 AM
 #374


Yes, your opinion may be correct. When someone wants to enter the world of gambling, they hear fun things about gambling so that person will become more confident in entering and being able to get what they want in the casino.
Yes, experienced gamblers are indeed different from novice gamblers. The final difference is clearly visible in terms of self-control when playing, limiting time and bets when playing gambling and there is also in terms of thinking and awareness, namely experienced gamblers appear more confident because they have previously had good experience. or bad, while novice gamblers appear confident, if they are not equipped with the right knowledge, then beginners will often lose due to this excessive behavior


Yeah most people are into gambling base on the information they have gotten from some sources, but most are base on the wins they have seen from some sources, which may trigger the urge of wanting to get rich quick and pretty fast, which everyone are aware that such mindset ain't right. Because with such mindset chances of one losing alot is pretty high .

Imo the reason most experienced gamblers are different from a novice , is base on the knowledge they possess as a gambler. Because most experience gamblers do make countless losses even when having such , good knowledge on how gambling works. But still most doesn't apply such knowledge in their gambling sections. So we should always put those knowledge in a good use in minimising losses and other related stuff.

This type of rumor is seen where new gamblers guide their gambling by believing various types of news. In some cases, when the positive results of the news are received, the gamblers rely more on that information, which subsequently exposes them to big losses. Predictions can result in winning or losing in gambling but when one relies on someone else to manage the gambling they will surely have a tough time. There is a wide difference between new and old gamblers especially in these matters where old gamblers are less likely to make mistakes. If the newbies have some basic concepts before gambling, then the mistakes they make in gambling decisions will be reduced.

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May 20, 2024, 11:08:41 AM
 #375


Yes, your opinion may be correct. When someone wants to enter the world of gambling, they hear fun things about gambling so that person will become more confident in entering and being able to get what they want in the casino.
Yes, experienced gamblers are indeed different from novice gamblers. The final difference is clearly visible in terms of self-control when playing, limiting time and bets when playing gambling and there is also in terms of thinking and awareness, namely experienced gamblers appear more confident because they have previously had good experience. or bad, while novice gamblers appear confident, if they are not equipped with the right knowledge, then beginners will often lose due to this excessive behavior


Yeah most people are into gambling base on the information they have gotten from some sources, but most are base on the wins they have seen from some sources, which may trigger the urge of wanting to get rich quick and pretty fast, which everyone are aware that such mindset ain't right. Because with such mindset chances of one losing alot is pretty high .

Imo the reason most experienced gamblers are different from a novice , is base on the knowledge they possess as a gambler. Because most experience gamblers do make countless losses even when having such , good knowledge on how gambling works. But still most doesn't apply such knowledge in their gambling sections. So we should always put those knowledge in a good use in minimising losses and other related stuff.

This type of rumor is seen where new gamblers guide their gambling by believing various types of news. In some cases, when the positive results of the news are received, the gamblers rely more on that information, which subsequently exposes them to big losses. Predictions can result in winning or losing in gambling but when one relies on someone else to manage the gambling they will surely have a tough time. There is a wide difference between new and old gamblers especially in these matters where old gamblers are less likely to make mistakes. If the newbies have some basic concepts before gambling, then the mistakes they make in gambling decisions will be reduced.
Gamble, and the house may win. News? Not a future prediction, just a quick picture. Stories give newcomers the impression they know something. But that was dumb luck and confirmation bias. They want a high without a plan. The past gamblers? They value the game, know the odds, and manage risk. No nonsense fools them. Newcomers must wake up. The goal is to think critically, comprehend numbers, and know odds, not to follow rumors. You can only survive this game that way. Using rumors to win is a fool's paradise. They realize reality and are left with grief. Being open to chance, accepting unpredictability, and making sensible, well-informed decisions are key. That separates winners from chumps

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May 20, 2024, 11:17:41 AM
 #376


On the other hand I would say that one of the reasons why more gamblers lose than win big is because from the beginning the casino has set up an algorithm where the percentage of wins is much smaller than losses, which in addition to the majority of gamblers always treat their gambling activities excessively so it is only natural that they experience more losses than wins. In the end, yes as you said that a gambler must have the right planning that they must prepare from afar before finally being tempted and falling into the wrong approach.

That's the real casino which has the aim of making a lot of profits, so from the start they already have a special algorithm to attract the attention of gamblers so that they are tempted by the benefits of getting money.
Well, this is where it depends on how each gambler realizes and responds that the casino cannot simply give away wins, in fact the casino will lose more than it wins.

Yes and what I find strange is why gamblers can think of making large amounts of money with little effort, if we have absolutely no skills or expertise that is rarely possessed by others then yes maybe they can make a lot of money with little work like some jobs such as editors, programmers or other types of services that do not require you to sweat a lot to do it, but if we are talking about gambling which everyone can also do if they have money to bet then I think it is really absurd to think that you will be able to make a lot of money just by gambling. And also this is the importance of having a rational mindset and a realistic point of view in dealing with everything, and on the other hand there is no way that casinos give out big money or big winnings for free if there is not something they are planning, as you said and maybe I will add that what makes sense is that casinos take advantage of people's ignorance by using the phrase "double the odds".

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May 20, 2024, 12:10:59 PM
 #377

What you have said so far is nothing but the truth but sometimes the reason why will loss money on betting is not actually because of emotions yes, there are people that even in their excited State they will still win bet.
 I still don't know why someone we have so much confident in him/herself on betting knowing fully well that he/she is not the one that will play the ball inside pitch, though sometimes It leads to huge profit and sometimes it leads to huge loss.

Sometimes gamblers got overconfidence with the way they are gambling thinking with all hope that everything will definitely work the way they have expected it to happen, we can be confident in ourself, but too much of everything is bad, being over confidence will only lead to a poor end with the way we are gambling, we should be careful of the kind of decision we make and how every of our steps is going to influence the way we are gambling.

That kind of thing mostly happens to those who already won big at their early gambling rounds. They get overconfident that they think they can repeat it again but sadly that is not the case most of the time. What comes next after winning big multipliers is losing and I think it's proven and tested by many gamblers out there. It's getting harder and harder to win once you get that big profit. Some say to change providers or try a different kind of game but still, it doesn't work at all.
Maybe switching to sports in the meantime might be the only solution for it. But the urgency to go back and gamble in a casino game will linger as greed will overcome us and we will probably play again maybe after an hour or two of rest. There's a lot to consider when making decisions in gambling and we cannot be emotional about it. If you hit the planned amount of winnings, get out as soon as possible because once you continue, it will never end.

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Today at 04:44:29 AM
 #378

Correct, take that complete stop and rest yourself, there's nothing good that will happen if you push yourself while you are in a situation where aggression is already dominating you, if you can do that there's no additional harm that will take place, just take that rest and allow yourself to free up some dificulty inside you,

when making decision it's better to have that clear visions and clear understanding, better to make sure that you are well aware and you are not just pushing yourself into something that may create another problem if mistake push you to create more bad decision making while you are still in session.

By stopping for a moment we can also recover and stabilize our minds and finances, so we don't need to bother gambling excessively because that will only waste our time.
I agree with you, as gamblers we must have a clear vision and mission as to why we want to enter the world of gambling and with this clear vision and mission we can also use it properly in preventing becoming an addict because without a clear vision and mission a gambler will often make mistakes due to a lack of correct understanding and awareness in gambling.


Yes and what I find strange is why gamblers can think of making large amounts of money with little effort, if we have absolutely no skills or expertise that is rarely possessed by others then yes maybe they can make a lot of money with little work like some jobs such as editors,

Indeed, logically it looks very strange, but in fact this strangeness is clearly proven around us, namely that there are still many gamblers who think that relying on gambling activities can quickly make money and I think this will apply to people who are lazy about working on land or in real life because Most of the people who enter casinos are unemployed people who do not have a fixed income.

But that's not all, as time goes by, casinos are growing so rapidly that they are easily accessible to all groups, rich, poor, young people and even adults.
So it's not just offline gambling that is in great demand, but online gambling also includes many people who like it because the level of ease in running or accessing it is very easy.

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