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Author Topic: Risk or regret? (2)  (Read 1711 times)
Tmoonz
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August 10, 2024, 09:02:37 PM
 #101

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?



For me it is better to take the risk and prepare for the pains in the case of loss and maximize the excitement that comes with winning if it ends up as winning, normally it is a one way thing which one most surely be the outcome which is either winning or Lossing. But however,at most times I usually say that let excitement of winning a bet be greater than the fear of losing considering the fact that it is also risky most times not taken a risk, whichever it is it should be the amount we can afford to lose that is being used to a avoid much of the regrets and emotional trauma.



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August 10, 2024, 09:56:15 PM
 #102

In my opinion, it hurts more when people bet and lose, because they put some effort into it when they analyze the game and put money in, so when they look at the result of the game and see a loss, it leaves people feeling frustrated, they start thinking about the time they lost when they were analyzing the game, they start thinking about the money they lost, especially when they are faced with a multibet bet that could change their life, they got most of the games right, but lost in the last game. Man, this makes people very angry, there are few people who can stay calm and accept this type of defeat, without crying or complaining constantly.
It will be way more healthier and better if gamblers begin to think in probability than they think in possiblity or certainty whenever they are gambling because thinking with certainty most of the times gets gamblers loosing heavily and they blame it up on them not been lucky, or their skills failing them and all other taughts but the most common has been in the odds not favouring them.

I understand the fact that people really do get angry and disappointed when they loose bet, even myself I have been a victim of same, I lost games where I then have to just let go and convince my self nothing happened but since I started thinking in probability, it has helped me a whole lot when it has to do with accepting my losses.

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August 11, 2024, 03:32:40 PM
 #103


I think everyones view of this is based on their personal experiences in gambling, for me I would say that the pain of regret is far worse due to the opportunities I have Missed. I can remember a particular day I was on aviator, after losing a lot of money I was contemplating on playing the next round but I decided to leave it , that round ended up to have ×3500 odds. It was really hard to forget about what happened that day, the feeling of regret is actually a waste of time , it's best to get your mind off it

As humans we always think about what we can do and we are able to perceive what to do, but it is painful when we bet a lot and do not win, I think that all this gambling is based on how random any play can be, taking into consideration the house advantage, that is something we cannot forget, however when we think about what we did not do and if we could, we do not have to give energy to that, we must always see that the game will give us another opportunity, we just have to know how to wait for it.

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August 11, 2024, 03:37:13 PM
 #104

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?
The question you bring forward is something that scientists have studied for some time, and it is known that the regret felt by losing 100 dollars is much higher than the joy of winning the same amount, however your example is not really comparable at all, as the amount you are talking about in the case of a win is a life-changing one, while you make no mention about the loss being of the same magnitude, and in that case it should be obvious that not taking that bet will be way more painful.
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August 11, 2024, 05:41:43 PM
 #105

If the question is which is the most painful, for me betting with a high level of risk and losing is much more painful than experiencing regret when you see that the prediction you did not execute actually resulted in a win.

See that there are two significant differences in both situations, when you bet with high risk and it turns out you lose then that means you lose all the money you bet, while when you do not participate in the bet or do not execute the choice you have made for some reason then when it turns out you see that the result is your choice is correct then that means you have not lost anything right? clear.

In gambling what we have to pay attention to is the risk, going home without experiencing any loss is always much better than losing money, remember that opportunities will always be there, you can bet on another opportunity when you feel confident.

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August 11, 2024, 05:50:20 PM
 #106

Actually the fear of losing money is painful for everyone so for me the risk part is fear because I don't like losing money at all. However even if you place a bet, you lose, but if you want to start life changing levels, you have to play with risk. Also after losing i think i  be sad or regret it because i know if i wasn't lucky i didn't win. But i never want to bet for a long time because it is stupid to bet where my luck is losing repeatedly.

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August 11, 2024, 06:10:36 PM
 #107

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

Hmmm, personally I think its the regret from not taking a bet. At least from a bet that you lose you have a chance to come back from that and you learn a lesson perhaps. But when you could have made a bet that you didn't and see how you would have got if you did place that bet is pure regret. It brings taking action into perspective but also makes you more detail oriented and decisive in the future.

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August 12, 2024, 07:27:22 AM
 #108

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?
Many times I have seen games I wished I played but didn't play. Such situations only end in regrets and it cannot be compared to actually losing money, especially if the money is so big that I cannot afford to let go just like that. To me, losing actual money hurts more. We might be regretting not taking certain actions but if we were actually given the opportunity to do them, we might not even do them right. So why should I feel hurt over what I'm not even sure will turn out well?

There is no point getting severely hurt over money or opportunities lost while gambling. Gambling is all about winning and losing, if I lose my money or an opportunity today, there will always be another day to try again. Too much emotional attachment to our gambling life will only put too many negative thoughts in our head that will make us even get depressed. I have learnt a long time ago to always accept the outcome of any decision I make while gambling.
Having those regrets because of missing out those bets will really be keep on haunting you or something that you cant really be able to forget. Whereas, on the time that you would be missing out those bets and you do know that the potential earning or winning you could get is something big then you would really be keeping on thinking of it until you would really be that becoming stress because of it.
Which is unlike when you do lose a bet then it is really that something that becomes normal and just like the rest been saying that you would really be just that easily forget and moved on on the moment that you would really be tending to proceed or continue on what you are doing. There are really those conditions or times that you cant forget a thing specially on missing out opportunities or missing out those conditions that you will really be potentially be  gaining up that huge amount of money that could changed up your life. This is why gut feeling could neither give out that kind of hesitance whether you would really be that proceeding on the things that you are really that dealing into or would really be trying out to skip just because you cant be able to bare up with those odds or chances to win.
The important key on here is that you should really that make use of the amount which you can afford to lose on betting, if it turns out that you are hesitated then its your choice whether you should
proceed or not.


It's not very easy to move on from the pain of losses but time will eventually ease the pain but missing out on opportunities like you said can mess with your head for a long time, missing out on life changing opportunities isn't easy to get over but the thing is you shouldn't always blame yourself because there's a slim chance that the outcome would have been different... people tend to lose a lot of money trying to make up for the opportunities they lost which is absolutely a wrong mental approach in gambling

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August 12, 2024, 07:49:48 AM
 #109

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

It is more painful if we take risky actions but end up losing and that is the real impact in gambling, yes, we as gamblers will never know the final result of the game, whether we lose or win, we have to accept it.
However, if we talk about taking risks and finally losing, it sounds very painful, we are willing to sacrifice by risking the money we have and instead of winning, but what can we do, we accept defeat, we will definitely feel regret and sadness and for novice gamblers this kind of experience can make them depressed, but for experienced gamblers this kind of thing is common and common.

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August 12, 2024, 08:03:48 AM
 #110

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

It is more painful if we take risky actions but end up losing and that is the real impact in gambling, yes, we as gamblers will never know the final result of the game, whether we lose or win, we have to accept it.
However, if we talk about taking risks and finally losing, it sounds very painful, we are willing to sacrifice by risking the money we have and instead of winning, but what can we do, we accept defeat, we will definitely feel regret and sadness and for novice gamblers this kind of experience can make them depressed, but for experienced gamblers this kind of thing is common and common.
Very regrettable something, sometimes when your First predictions comes out to be the winning bet and your other addictions now brought you down to lose the entire games, although risk sometimes pays and when it does, the best we can do is to be thankful and happy for that, but if we did lose, then it means we need to bear the pain and move on and next time we do and take such risk with causion to avoid such outcome even though we can't totally avoid loses in gambling since loses is part of gambling and the way casino makes they own revenue to continue with they operations.

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August 12, 2024, 11:32:01 AM
 #111

Both incidents are actually very painful, especially when you stake a huge amount on a bet and you lose it, and also when you fail to stake on a game that would have earned you a huge win. There was a game I forgot to stake on, but luckily it played according to my prediction. I actually felt bad that day, and I believe if I had also lost a huge amount that I didn't intend to lose in gambling, it's still going to make me feel bad. 

There are so many missed opportunities that it is not worth thinking about them, or at least not thinking about them in a negative way. For example, today I forgot to bet on City (win in normal time) and it actually saved my money as City could only win on penalties. There is nothing wrong with reflecting on your luck in such cases.
As for the games that you forgot about but would have brought you profit if you had bet on them, it is better not to think about it, after all, most of us did not buy Bitcoin for 10-100 dollars, but it could have brought hundreds of millions.

Yea, one can only end up to regret if they miss a very big opportunity that would have been profitable to them, but if the opportunity passes them by, there is nothing that can be done, so they just have to move on. Just like the experience you had too, sometimes we should be very thankful that we actually missed to risk our money in some games that would have resulted to lose.

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August 12, 2024, 01:55:04 PM
 #112

Yea, one can only end up to regret if they miss a very big opportunity that would have been profitable to them, but if the opportunity passes them by, there is nothing that can be done, so they just have to move on. Just like the experience you had too, sometimes we should be very thankful that we actually missed to risk our money in some games that would have resulted to lose.
Sometimes we only remember something that makes us regret because we missed the opportunity that came to us, but we forget that we have missed a lot while it is indeed right to do because even if we enter the gambling we will lose. This is a human nature that will not be lost because this is a natural trait that everyone has. And not many people realize things like this because they are too focused on the benefits they missed. If we think about it as a whole (not just thinking about the benefits that were missed) then we will be more accepting of ourselves, and I think we will be more grateful than complaining and regretting. This is actually a simple thing that we can realize, but it is indeed ambition that makes us forget small things like this, even though it will actually make us more comfortable because it turns out that we can feel that it is indirectly beneficial to us (although not in the form of victory).

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August 12, 2024, 03:18:49 PM
 #113


Very regrettable something, sometimes when your First predictions comes out to be the winning bet and your other addictions now brought you down to lose the entire games, although risk sometimes pays and when it does, the best we can do is to be thankful and happy for that, but if we did lose, then it means we need to bear the pain and move on and next time we do and take such risk with causion to avoid such outcome even though we can't totally avoid loses in gambling since loses is part of gambling and the way casino makes they own revenue to continue with they operations.

Yes you are right, maybe because of the influence of greed that will have a bad impact in the future, such as knowing that it will be risky, still continuing and betting and all there is is regret due to the defeat that will be received.
Of course as a gambler, good or bad results cannot be avoided easily, but what we can do is minimize it early on so that it does not have a very high impact by being careful every time you act in gambling as you said.

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August 12, 2024, 03:41:30 PM
 #114

Very regrettable something, sometimes when your First predictions comes out to be the winning bet and your other addictions now brought you down to lose the entire games, although risk sometimes pays and when it does, the best we can do is to be thankful and happy for that, but if we did lose, then it means we need to bear the pain and move on and next time we do and take such risk with causion to avoid such outcome even though we can't totally avoid loses in gambling since loses is part of gambling and the way casino makes they own revenue to continue with they operations.
Gambling is associated with risk, to win we must take risks and of course there will be losses, and also there will be victories. We will be able to take advantage of opportunities when we learn not to give in to emotions too much during losses. We need to learn to accept them as part of the gambling process, and opportunities will always be there, the most important thing is not to dwell on old losses, but to think about future victories. Nothing changes, it worked like this before and will work like this in the future, there is not a single player who could only win, I think this does not happen.

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August 12, 2024, 03:43:56 PM
 #115

As humans we always think about what we can do and we are able to perceive what to do, but it is painful when we bet a lot and do not win, I think that all this gambling is based on how random any play can be, taking into consideration the house advantage, that is something we cannot forget, however when we think about what we did not do and if we could, we do not have to give energy to that, we must always see that the game will give us another opportunity, we just have to know how to wait for it.
The regret would have been meaningful if that was the end of gambling in the world. Gamblers regret the past to fail again in future. The opportunity they thought was lost awaits them on the next game, but their past losses won't let them notice a new chance.

I've experienced this countless times and it doesn't bother me much, because nothing was lost. I see such regret as a sign of greed, it's irrelevant to assume you would've won a game you didn't wager money on. The issue would have been better if the player staked money on the game.

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August 12, 2024, 03:45:08 PM
 #116

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

It is more painful if we take risky actions but end up losing and that is the real impact in gambling, yes, we as gamblers will never know the final result of the game, whether we lose or win, we have to accept it.
However, if we talk about taking risks and finally losing, it sounds very painful, we are willing to sacrifice by risking the money we have and instead of winning, but what can we do, we accept defeat, we will definitely feel regret and sadness and for novice gamblers this kind of experience can make them depressed, but for experienced gamblers this kind of thing is common and common.
Very regrettable something, sometimes when your First predictions comes out to be the winning bet and your other addictions now brought you down to lose the entire games, although risk sometimes pays and when it does, the best we can do is to be thankful and happy for that, but if we did lose, then it means we need to bear the pain and move on and next time we do and take such risk with causion to avoid such outcome even though we can't totally avoid loses in gambling since loses is part of gambling and the way casino makes they own revenue to continue with they operations.

There wouldn't be really much reason for justification perhaps it is gambling and no one is sure of or guarantee of having the expected outcome, two things are always involved in gambling it is either you win or loss but however, @ the op narrative is very obvious that it is nothing but greedy that lead in to additional of more games to the original games he gave his friend which resulted to his loss while his friend won, it could only be greed just for him to probably have more potential winning than that of his friend but he fell out of luck and that is gambling for you. Something what we seem to be rightly done becomes a mistake and what seems to wrongly done becomes right.

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August 12, 2024, 04:26:33 PM
 #117

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

Regret will be always be more powerful than any other negative feeling, in my opinion , specially when  comes to gambling.
It can be very disturbing for the average gamblers to be in a situation they could have changed their life with a huge amount of money, but decided not to participate, in consequence other person hit the jackpot. it is different from gambling and losing money there can be some regret on it l, because we know how much money we already lost to our bad luck. But it is completely different when someone was about to hitjackpot and decided to withdraw before it happens.
It is the kind of regret it could send someone into a further gambling rampage / revenge gambling and require professional help from psychologists in the worst of the cases.

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August 12, 2024, 05:15:28 PM
 #118

As humans we always think about what we can do and we are able to perceive what to do, but it is painful when we bet a lot and do not win, I think that all this gambling is based on how random any play can be, taking into consideration the house advantage, that is something we cannot forget, however when we think about what we did not do and if we could, we do not have to give energy to that, we must always see that the game will give us another opportunity, we just have to know how to wait for it.
The regret would have been meaningful if that was the end of gambling in the world. Gamblers regret the past to fail again in future. The opportunity they thought was lost awaits them on the next game, but their past losses won't let them notice a new chance.

I've experienced this countless times and it doesn't bother me much, because nothing was lost. I see such regret as a sign of greed, it's irrelevant to assume you would've won a game you didn't wager money on. The issue would have been better if the player staked money on the game.

We do know that people do really easily moved on on the time that they would really be forgetting that kind of frustration on which it would really be something understandable
since there are actually those people who could be able to move on easily and do the other thing again and again until they would literally wont be able to play on the time that they dont have money.
In comparing about regret and having that disappointment of loss or missing out that kind of bet because you have been scared or hesitated but turned out that it was a win then regret is something that will really be staying on your mind for a while and this is something that you should really be that making yourself trying out to control because on the time or moment that you will really be making
yourself that thinking up always about it then it would really be pushing you to play further until you have lost it all on which this is really that a disaster if this happens.

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August 12, 2024, 05:33:11 PM
 #119

Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

When you bet and then lose or when you don't bet but in fact if you bet then you win, I think that's part of the risk and part of the regret.Because I think these two aspects of gambling are inseparable. Indeed, we can say that losing is a risk but anyway, at the same time we also certainly experience  regret because we also expect to get a win.

Thus, I personally find it difficult to separate or distinguish between risk and regret. But maybe,for those who have a strong personality and only gamble for  fun, then maybe they will not experience regret, because they also do not prioritize winning but rather prioritize fun or entertainment in gambling. Perhaps,this is also a difference in cases like this.

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August 12, 2024, 05:48:34 PM
 #120

Both can end in regret, one losing money and one not.

But for me personally it is better to lose money for taking risks, because it is a form of courage to try luck than not at all even though it ends in defeat, this is common for me as a gambler who feels wrong, but not a few experiments can really produce big results by taking risks, while if you don't take risks it will definitely get nothing, only the money is safe, neither increases nor decreases and I say it's a coward who doesn't take risks.

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