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Author Topic: Risk or regret? (2)  (Read 1732 times)
LUCKMCFLY
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August 14, 2024, 05:45:31 PM
 #121

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.

It is a fact, we or any player will always look for victory, it is true that many handle defeat in their own way, some reflect and decide not to play again, others come back with much more care, some fall into addiction, but I consider that to avoid all these types of things, we must start from the most basic  , and that is that the casino is a company, a business and that they need to make money, for some reason it is the most profitable business of all, if that is clear, every time you lose there will not be so much regret, but wisdom, because you know what you are getting into and what you are risking.

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swogerino
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August 14, 2024, 05:52:28 PM
 #122

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.

Well that last statement a coward is someone who does not take risk has many comments and it can not be that dry as a statement and although I agree with it nowadays it is better to not take risks as casinos surely have changed or moved something in their RTP.This is from my personal experience which I have been bold and I have been increasing my bet incrementally until I lost all,that is a new pattern now in slot machines,you raise your bet and the money goes down faster and don't tell me that you may hit it big cause I and many others simply won't anymore.That is why for me now being a "coward" translates in having more money in my pocket and since the start of this week I have not gambled a single cent after losing dramatically as I said last week.

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August 14, 2024, 05:57:27 PM
 #123

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 is the most painful. When we are winning at gambling or we have a big gambling budget, we also take big risks much easier. But when we lose we regret which gives us a lot of pain. Then regret that we should not have done it.  It is natural to have regret in gambling because the gambling algorithm is designed to always trap us in the flames of regret, greed and emotion. This is why we come back to gambling again and again. And they make us forget about our previous losses. your control is in your hands, just be careful and make the right decisions.











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criptoevangelista
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August 14, 2024, 06:07:54 PM
 #124

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 is the most painful. When we are winning at gambling or we have a big gambling budget, we also take big risks much easier. But when we lose we regret which gives us a lot of pain. Then regret that we should not have done it.  It is natural to have regret in gambling because the gambling algorithm is designed to always trap us in the flames of regret, greed and emotion. This is why we come back to gambling again and again. And they make us forget about our previous losses. your control is in your hands, just be careful and make the right decisions.

That's true, one of the worst things you can feel is regretting not doing something... I don't regret anything I've done, only the things I couldn't do either because I didn't want to or because I didn't have the courage to do them. Besides, I think it's a human thing, because sometimes deciding at the time is very difficult, but after it's happened it's easy to question why we didn't do it at the time...

.
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August 14, 2024, 06:17:40 PM
 #125

Let not get it twisted, where there is no risk, there won't be rewards, so as a gambler there is a need to take the risk as much as possible, but also we have to avoid regret as much as we can also, since both risk and regret are two different things, but the thing there is that I will not regret for not taking a bet because I have not risk anything in that order and since we have to understand what we need and what is ours which are two different things, when you risk a stake on a bet, that point you become involved with that game, but when you are not risking any money on that such a game, you will not be involved and highest is to just watch and enjoy the game and regardless of which direction the match ends you will not be overly affected by the outcome, so don't let greed deceive to regret and think that your predictions could have won you such a bet.


I agree with this, gambling itself is about risks so it's not something that's new to any gambler because that's what we do on a daily basis when we stake, it hurts when we lose but we are able to move on after a short while but regrets on the other hand is entirely different it you would continually beat yourself up for not taking risk that would have probably elevated you financially...the feeling of risking and losing is nothing compared to this

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August 14, 2024, 06:49:20 PM
 #126

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 is the most painful. When we are winning at gambling or we have a big gambling budget, we also take big risks much easier. But when we lose we regret which gives us a lot of pain. Then regret that we should not have done it.  It is natural to have regret in gambling because the gambling algorithm is designed to always trap us in the flames of regret, greed and emotion. This is why we come back to gambling again and again. And they make us forget about our previous losses. your control is in your hands, just be careful and make the right decisions.

That's true, one of the worst things you can feel is regretting not doing something... I don't regret anything I've done, only the things I couldn't do either because I didn't want to or because I didn't have the courage to do them. Besides, I think it's a human thing, because sometimes deciding at the time is very difficult, but after it's happened it's easy to question why we didn't do it at the time...
Results and outcomes would really be that different into each other and this is why it wouldnt really be shocking that there would really be those instances that we would really be missing out those kind of moments that on the time that our guts or human instinct telling us that we shouldnt really be betting a particular moment then we would neither be doing against it or would be following it. It all matters into someones choice in regarding into their actions on which it would really be that might end up on something that brings out that regret or would really be that definitely just the right call?
It would really be that so hard to make up decisions but of course we would really be needing up to choose whether we should pass or would really be pursuing on doing it. It is true that having those kind of regret on missing out those wins will really be that something haunting and cant easily be forgotten which is unlike when dealing up with loses on which you could easily moved on because you are
getting used to it.

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August 14, 2024, 06:49:27 PM
 #127

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?

I can't think of many ways the situation of risk or regret comes in gambling. Most people regret on betting rather than not betting. There certainly are more profit on higher risk but if you won't have large regret on missing one as there would be plenty others coming. In most form of betting you don't know for sure what the result would be and in most case specially in sports betting, there are no life changing bets. The largest win one can make is from lotteries but you don't regret for not buying the lottery.

The only place I find regret in not betting is folding my good cards against a bluffer in poker, on the times they show their cards.

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August 14, 2024, 06:56:19 PM
 #128

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?
Both are difficult choices.

the first you take the risk and lose the second you regret not taking the risk that in the end the choice you made wins, for my rationality that is still conscious of course I prefer the choice of regret for not taking the risk even though my choice is correct, but my money is still there and I can try another time than I take the risk but lose.

This is just a play on words from you OP. LOL

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August 14, 2024, 07:09:20 PM
 #129

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?
I heard an expression that I sometimes use not only in gambling, but also in life situations. If you want to do something, do it, otherwise you will regret it for the rest of your life and the result will be unknown to you. Moreover, if you don’t do it, we will never know the result. But if you do it, we will know the result, although it may be sad. I even have a friend who decided not to leave his old wife for a new one, and now he constantly tells me how he regrets it for years. Probably, there are similar things in gambling.

 
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August 14, 2024, 07:32:57 PM
 #130

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.

It is a fact, we or any player will always look for victory, it is true that many handle defeat in their own way, some reflect and decide not to play again, others come back with much more care, some fall into addiction, but I consider that to avoid all these types of things, we must start from the most basic  , and that is that the casino is a company, a business and that they need to make money, for some reason it is the most profitable business of all, if that is clear, every time you lose there will not be so much regret, but wisdom, because you know what you are getting into and what you are risking.


Most players follow the opposite of your idea. They think the casino is open for charity business. Regrets causes more pain to a player than losses. And lack of details puts some players on the line of regretting a game they can't control. Instead of regretting they should buckle up and learn more gambling details to avoid hurting their feelings.

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August 14, 2024, 07:33:07 PM
 #131

Let not get it twisted, where there is no risk, there won't be rewards, so as a gambler there is a need to take the risk as much as possible, but also we have to avoid regret as much as we can also, since both risk and regret are two different things, but the thing there is that I will not regret for not taking a bet because I have not risk anything in that order and since we have to understand what we need and what is ours which are two different things, when you risk a stake on a bet, that point you become involved with that game, but when you are not risking any money on that such a game, you will not be involved and highest is to just watch and enjoy the game and regardless of which direction the match ends you will not be overly affected by the outcome, so don't let greed deceive to regret and think that your predictions could have won you such a bet.


I agree with this, gambling itself is about risks so it's not something that's new to any gambler because that's what we do on a daily basis when we stake, it hurts when we lose but we are able to move on after a short while but regrets on the other hand is entirely different it you would continually beat yourself up for not taking risk that would have probably elevated you financially...the feeling of risking and losing is nothing compared to this

Yes, gamblers should know and realize this, in the sense of understanding that gambling is about risk, not only about winning but also about the risk of losing, and one of the reasons why this knowledge and awareness must be possessed by gamblers is because no matter what and whenever, risk will always be part of the game, and when we experience defeat, there will be no other way we can do but accept it.

And we can see that there are always some gamblers who still experience significant emotions, disappointments and regrets but they still continue the habit, which means that they most likely do not really understand and realize that the idea of ​​"defeat is part of the game" is a fact that can never be denied.
On the other hand, from the two situations mentioned by the OP between the pain of experiencing a big defeat and the regret of not taking risks, I think it is much worse when you lose something, because losing an opportunity will only end in regret but not end in losing something you have.

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August 14, 2024, 09:39:21 PM
 #132

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.

By the way, today I planned to bet on Real (with or without a handicap, I was not completely sure) but I did not have time to do it either. I had almost no doubt that Real would win (it is impossible for two favorites to consistently perform below expectations). So today I can regret the missed opportunity but now is the very beginning of the season so I will go on knowing that there are a lot of opportunities ahead.

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August 14, 2024, 10:13:14 PM
 #133

Both are difficult choices.

the first you take the risk and lose the second you regret not taking the risk that in the end the choice you made wins, for my rationality that is still conscious of course I prefer the choice of regret for not taking the risk even though my choice is correct, but my money is still there and I can try another time than I take the risk but lose.

This is just a play on words from you OP. LOL
Looking at it from the angle you explained it from, I see some sense in it, as regret creates room for you to try again next time. Why risk don't give you that chance? But then again, regrets are more painful to me than taking the risk and failing.
 
I just don't like regretting my actions, that's just it, and you also know that if one doesn't take any risk at all, there won't be any chance of meeting a better chance or opportunity of winning?, and losing can set you on the right path.

 
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August 15, 2024, 02:22:34 PM
 #134

Both are difficult choices.

the first you take the risk and lose the second you regret not taking the risk that in the end the choice you made wins, for my rationality that is still conscious of course I prefer the choice of regret for not taking the risk even though my choice is correct, but my money is still there and I can try another time than I take the risk but lose.

This is just a play on words from you OP. LOL
Looking at it from the angle you explained it from, I see some sense in it, as regret creates room for you to try again next time. Why risk don't give you that chance? But then again, regrets are more painful to me than taking the risk and failing.
 
I just don't like regretting my actions, that's just it, and you also know that if one doesn't take any risk at all, there won't be any chance of meeting a better chance or opportunity of winning?, and losing can set you on the right path.
The problem lies in the sentence used, where we take risks but we already know we will lose, of course you need to think well, how can you take risks that you know you will lose.

The sentence becomes irrational, because the OP has described where the end of the risk you will take is a defeat, try to absorb the sentence again very well.

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August 15, 2024, 03:57:58 PM
 #135

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?

I will always choose to take a risk and lose than to regret taking the risk at all especially if at the end my indecisiveness will make me lose on a winning bet or streak. What makes me a man is my ability to face my fears. Most of the time, regrets are usually as a result of lack of taking decisions which turns out to be regrets. Instead of regretting, I'll rather face my fear than allow a game or a bet pass by and regret acting on it. That's how men are born and trained to live


As gamblers we forget that it's not all about taking risks but taking calculated or responsible risks in as much as regret is more painful, losing a certain amount of money can also distabilize your emotions...it's best to always take those responsible risks so if it goes in your direction you wouldn't end up regretting.. another wrong approach gamblers have is regretting the amount of staked used to gamble when it plays out, no matter how small the stake was remember that anything would have happened, so instead of regretting just withdraw whatever you have

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August 15, 2024, 04:58:38 PM
 #136


Most players follow the opposite of your idea. They think the casino is open for charity business. Regrets causes more pain to a player than losses. And lack of details puts some players on the line of regretting a game they can't control. Instead of regretting they should buckle up and learn more gambling details to avoid hurting their feelings.

I think that now people should give a lot of importance to their money , and take care of it and know how to take it on the right path, do not start Inventing, some wonder how to stop? How to do it? Well simple, you have to have a balance willing to lose , because when you Know that we are risking we will know how much we will lose, and not be surprised that we lost money that we should not have lost, that is what causes problems in people, when they can not control themselves and that is when the Path to addiction Begins.

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August 15, 2024, 05:03:39 PM
 #137

- 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?

Risk or regret? I mean if you play a gamble that is basically you take a risk because that involves money and sometimes if you lose it feel a little bit hurt, and after that you are gonna regret but all of this is just part of gambling itself.

What if you win than you probably not gonna regret it all. Back couple month ago I just bet 8 USD to buy some memecoin and it turned into 200 USD in a week from there I just feel regret to not buy with a lot of money but after I tried again in different memecoin i just loses it all.

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August 17, 2024, 02:19:30 PM
 #138

By the way, today I planned to bet on Real (with or without a handicap, I was not completely sure) but I did not have time to do it either. I had almost no doubt that Real would win (it is impossible for two favorites to consistently perform below expectations). So today I can regret the missed opportunity but now is the very beginning of the season so I will go on knowing that there are a lot of opportunities ahead.

Yea, in sports games, if you miss an opportunity, you must not kill yourself for it because there would still come another game that can really play according to your prediction if you still stake on it. Sometimes one could still risk a certain amount in some bet and still lose it. That's when they will start to regret why they had to risk such an amount, and if it's in a situation where they also did not stake in the game and it played as they must have predicted, they will still regret why they never played the game. Human being is not usually satisfied with any result that they get; if they knew, they could have gotten more. 

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August 19, 2024, 08:06:21 AM
 #139

- 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?

Risk or regret? I mean if you play a gamble that is basically you take a risk because that involves money and sometimes if you lose it feel a little bit hurt, and after that you are gonna regret but all of this is just part of gambling itself.

What if you win than you probably not gonna regret it all. Back couple month ago I just bet 8 USD to buy some memecoin and it turned into 200 USD in a week from there I just feel regret to not buy with a lot of money but after I tried again in different memecoin i just loses it all.
Both have risks. That includes investing in those meme coins and I think they are higher risk than it is with gambling because of the chance of a rug pull or a scam.

But let's not go too far because this is about gambling. I think without taking that risk then no one is going to win. Well, regret comes after that risk but as you said, what if a gambler wins?
The next step will be the bigger question. Are we ready to take more risk by gambling our profit or are we going to walk out and just go away from gambling forever? I think this is where it goes wrong when gamblers think they are lucky and end up losing everything instead of withdrawing. That's where most regrets come from, the one bad decision.

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August 19, 2024, 06:08:47 PM
 #140

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?
Both are difficult choices.

the first you take the risk and lose the second you regret not taking the risk that in the end the choice you made wins, for my rationality that is still conscious of course I prefer the choice of regret for not taking the risk even though my choice is correct, but my money is still there and I can try another time than I take the risk but lose.

This is just a play on words from you OP. LOL

Yeah, they two end up at the same point of each other Grin Uroboros of sorts.

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