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Author Topic: Risk or regret? (2)  (Read 1711 times)
Frankolala
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August 24, 2024, 04:53:00 PM
 #161

No risk, no luck....some people at e not risk taker and that will make their luck not coming in because they did not give it the chance. Everything we do in life is a risk to see if our strategy will work out as planned and that is why you need to take the risk to see if it is worth it.

This is the same with gambling if you don't bet, how will you win. It is better to try than not trying because you don't know what the future has for you. Let's not regret tomorrow because we fail to take risk when it was called for. Some risk are not worth taking while some are worth risking.

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August 24, 2024, 05:04:35 PM
 #162

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?


Very interesting question this, and actually I have experienced both as
I'm sure many others have as well, anyone who says they havent I wouldnt
believe them!

Personally I think the pain of losing a bet far out weighs the pain of regret
of not taking a bigger winning bet because at least there is a win which is much
better than nothing at all - this is my experience!

R


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August 24, 2024, 05:11:40 PM
 #163

How can you know if you will win if you do not try? I believe that if you doubt whether to participate in something that concerns your finances and if you understand that if you lose them, you will have problems, then you should not do anything. But if you have the means to take a risk and your intuition tells you that you need to take a risk, you should try. However, you must understand in advance that you will only have yourself to blame if something goes wrong. Luck loves risk but does not love stupidity.

Well that's the point, everything can only be known when someone starts with an action or by trying it including gambling. This means experiencing loss or regret is a natural part especially if we talk about gambling, we have to accept whatever the results are. And simply as you said that if we don't want to experience anything like loss or regret then it is clear that the experiment should not be done. It all depends on our own agreement because we are the ones who make the decision, simply when you know that it is a risky activity then don't be a loser, in the sense of not feeling hurt when it turns out that the risk happens to you.

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August 24, 2024, 05:21:36 PM
 #164

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

The difficulty in answering this question lies in the fact that the pain felt by the gambler is very personal and depends on many factors, including the amount of loss (the value of the lost amount), the degree of awareness of the gambler’s personality, and perhaps whether he has psychological support from someone around him such as family or friends.

In general, it can be said that regret is often more painful and lasting than risk. This is because risk is a temporary state, while regret can accompany the gambler for a long time after the event has occurred. In addition, regret can lead to other psychological problems, such as depression and anxiety.

 
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August 24, 2024, 05:31:14 PM
 #165

Sorry to say, but your question is completely meaningless to me, I personally don't know how others feel about this, but then, I don't see how this two are different from each other as long as it's gambling we are talking about, and this is because, one often leads to the other, Taking risks is what often leads to regret when the expected outcome fail  to materialize.

Gamblers are already aware of the risk of gambling and also they know that if they lose, there will be regret but not for those who will do responsible gambling and who have control over their emotions. I also feel that most of the gamblers will regret if they lose and therefore it is impossible to distinguish between the two by the gamblers. If anyone jumps into gambling with preparation, he will surely face the pain of losing and every new gambler will always feel this pain.

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August 24, 2024, 05:48:39 PM
 #166

Moreover, if someone feels they have enough capital then they will definitely act as they please until they finally regret everything they have done.

That is the reason why some people are regretting it today: they were rich before, but after they got into gambling, they were carried away, became addicted, and lost all their wealth to gambling. I don't know if you can remember one old thread in which the OP narrated how he was being cautioned and discouraged from gambling by an elderly man who claims that gambling has ruined his life and that gambling is demonic. 

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August 24, 2024, 06:31:12 PM
 #167

Moreover, if someone feels they have enough capital then they will definitely act as they please until they finally regret everything they have done.

That is the reason why some people are regretting it today: they were rich before, but after they got into gambling, they were carried away, became addicted, and lost all their wealth to gambling. I don't know if you can remember one old thread in which the OP narrated how he was being cautioned and discouraged from gambling by an elderly man who claims that gambling has ruined his life and that gambling is demonic. 

If the case is about having a lot of money or large capital to gamble and then becoming poor, I think it's because of not having discipline. Because when they gamble with discipline then ofcourse they will also have a good way of gambling,  of course with a workable strategy and not just blindly betting, that is clearly the wrong way. In this way, they regret gambling so much until they blame gambling, despite the fact that the fault lies with themselves. But,it's different with risk, because when they realize about the risk then of course they will also gamble with calculation and even if they lose,  at least it doesn't make them regret it so deeply because they will not become poor either.

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August 24, 2024, 06:56:10 PM
 #168

With much confidence, I would say regret from not taking a winning chance, rather than suffering from painful losses that cannot be undone after that. Some people lost their savings, houses, stole and even killed after suffering huge losses,  there are some people that were rich and due to their addiction lost everything and became poor.
Sometimes, we find great chances with very high odds to set a bet but also afraid of losing it, after the results you find that bet is successful but you lost that chance and regret starts to eat your heart and keep thinking about it for days. However, in this case you will have other chances to find other chances and gamble responsably.

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August 24, 2024, 08:01:44 PM
 #169

Risk isn't painful at all. It's the regret that hurts. In my case risk is exciting. I feel good taking risks and it's some of that adrenaline that keeps me coming back, even after a prolonged hiatus.
Most gamblers crave two things. The excitement that taking a risk brings and the happiness and satisfaction of winning money. The pain of loss is what we want to avoid but worst of all is shame, especially when someone finds out how much we lost. This is by far the worst feeling.
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August 24, 2024, 08:04:32 PM
 #170

Some will tell you that no risk no gain, but i will say that not all risk have gain, we must know which to go for and the ones we should avoid completely, if we can't afford to risk it, then we should not go for it because there is no certainty on many things when it comes to gambling, we are only taking the chance for winning or losing and whichever comes in then we have to embrace such as part of our fate in gambling.
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August 24, 2024, 08:30:25 PM
 #171

Risk isn't painful at all. It's the regret that hurts. In my case risk is exciting. I feel good taking risks and it's some of that adrenaline that keeps me coming back, even after a prolonged hiatus.
Most gamblers crave two things. The excitement that taking a risk brings and the happiness and satisfaction of winning money. The pain of loss is what we want to avoid but worst of all is shame, especially when someone finds out how much we lost. This is by far the worst feeling.
Therefore, it is not wrong when many people advise not to tell others about our gambling activities, in other words, it is better to hide it. Only those closest to us should know, by limiting it not only reduces the shame we receive due to the many losses we experience, but also helps to reduce stress. Most people find it very difficult to hold back from telling stories, especially when they get benefits from gambling, because they want to celebrate it together. That's where gambling habits usually begin to be revealed, but for some people it is not a big problem.

On the other hand, shame arises from expecting too much, and when unlucky, someone tends to think it is not worth telling. I think everyone has experienced something similar, and I think it is normal in gambling. When you dare to take risks, shame is also a part of it, meaning that gambling is not only risking money and time. Meanwhile, it is better not to care too much about other people's judgments regarding our gambling activities, after all, they have also experienced it.

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August 24, 2024, 08:57:25 PM
 #172

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. 
Regrets are an important part of being a human. And where there are regrets, it usually comes in the end and not at first. That's why sometimes regrets are unavoidable since you have less control on it or you might have the control but you didn't take the risk, that's also something that is common in a human being. If you don't take the risk and end up profitable in the end, regrets are there, simply because no one knew that it will be the outcome then.

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August 24, 2024, 09:30:11 PM
 #173

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?

In life, if you never take any risk, you will never make it anywhere. As man, you have to risk everyday for the rest of your life, you risk your brain to work with a particular company and get paid, there is a high tendency that if you go to another company, you will get paid higher but you risk it and some people might really go and to another company and leave the previous ones  which is risky too but if it's work out, it's an advantage for them but if doesn't, that's a regret, this how I can best explain the two terms.

I just think that one is worth more than one, it's shouldn't be about the pain but the cause in which you want to make it. Not even taking a risk is a risk because you might regret itater that why didn't you take the risk in the first place. I will take risk every day because it's worth it even if it's might be painful experience, the reward is worth it.

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August 24, 2024, 09:37:32 PM
 #174

But in the end trying not to be curious will be a little more to give a pretty good thing in my opinion even if it loses than not doing it at all . When we are gambling,  of course there are several things that must be considered including taking the risks that are faced when we want to bet so that if we really want to gamble then we must know and put aside regret a little because after all we must remember that even if we lose then it is the risk and consequences that we bear to answer the curiosity that we have and that there is no need to regret it because we have made a choice before .

Many people do not accept defeat when gambling and think that they are cheated or feel sorry for making a bet for me is ridiculous because if you don't want to regret it then don't do gambling in the first place. Since we have taken the step to gamble then we should be prepared to lose .

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Makus
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August 24, 2024, 10:36:52 PM
 #175

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 won't have much pain from a missed bet. There are always opportunities to grab some other nice games and wins good rewards. So we don't have force it so we don't end up making mistakes. On the other hand, it will be painful, taking risk on a bet and at the end of the whole game we come back with nothing. That's much more painful to me. I'll just rather not take such risk that is far above my play limits or even miss the game. Even though we know that loss is inevitable when it comes to gambling but then we must be able to minimize our risks.

Well, it would be more painful to loss a bet with a huge some than missing  a booked game which should have definitely  made a good win. Just like you said, there is always  time to make another game and try again but what has been lost, is gone forever. The best you can do is to make another prediction and if luck is at your side then you might win the game  and that may or may not satisfy you, but every win is worth being happy for, because  the probability of winning  is low. However  some missed bet can be very frustrating  as the potential win could have worth something really good.

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August 25, 2024, 01:33:22 PM
 #176

With much confidence, I would say regret from not taking a winning chance, rather than suffering from painful losses that cannot be undone after that. Some people lost their savings, houses, stole and even killed after suffering huge losses,  there are some people that were rich and due to their addiction lost everything and became poor.
Sometimes, we find great chances with very high odds to set a bet but also afraid of losing it, after the results you find that bet is successful but you lost that chance and regret starts to eat your heart and keep thinking about it for days. However, in this case you will have other chances to find other chances and gamble responsably.
Losing an extraordinary opportunity may make us feel guilty about our decisions and have a guilty conscience, but you forget that when the result is not an opportunity, it is an unusual peace of mind when it is already a certain loss but fortunately, we have been warned and have no regrets. I mean a chance in gambling is just a combination of risk and adventure, it is not a pure chance to win, it must be a sacrifice in exchange for a relative result, do not let yourself be nervous, regret is sometimes not something to be ashamed of and must be avoided

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August 25, 2024, 03:19:34 PM
 #177

Considering risk and regret, which do you think will be the most painful for a gambler?
The risks and regrets are subjective, so it depends on the gambler and the context in which they are used, and they could be both painful with almost the same magnitude.

Risk: Wrong risk will definitely be painful especially if the gambler loses and could be aggravated if a huge amount void of proper management is involved. While the right risk is less painful because it can't be associated with a big risk and the gambler must have understood the risk he is taking.

Regret: It may also come in several ways and magnitude. You might regret if you take a risk when the outcome is negative and you might regret when you refuse to take a risk when your intended option and outcome come as you wanted.

Above all, risk and regret can be used interchangeably in gambling, notwithstanding, it's better you missed the opportunity rather than regretting later out of mistakes and senseless risk-taking.

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August 25, 2024, 03:57:44 PM
 #178

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?
From expressions of the gamblers I have cut across I think that of a pain out of  regret has been much severe than pains from losing a bet due to a risk taken. In fact we take risk everytime we set out to gamble so we've got to get use of pains from risk. But that of a pain from a winning that would have changed your life and you missed it, the regret gonna stay there for a long time before you get over it. Am saying this out of experience. It's like an opportunity missed, it's had to handle and accept it that you have missed a life charger while people around you took up the chance.

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August 25, 2024, 04:05:23 PM
 #179

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?
From expressions of the gamblers I have cut across I think that of a pain out of  regret has been much severe than pains from losing a bet due to a risk taken. In fact we take risk everytime we set out to gamble so we've got to get use of pains from risk. But that of a pain from a winning that would have changed your life and you missed it, the regret gonna stay there for a long time before you get over it. Am saying this out of experience. It's like an opportunity missed, it's had to handle and accept it that you have missed a life charger while people around you took up the chance.

Assuming that the topic consider a life changing amount on the regret then I totally agree with this statement since all the lose can be ignored after a few days or weeks of abstaining gambling while missing the opportunity to win life changing amount will always remain forever the pain.

I still have this kind of what if regrets until now since I do have a chance to become a millionaire before if I didn’t sold my early crypto holdings in the past. This is same when you have an opportunity missed if you already have a chance to get it.
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August 25, 2024, 05:31:19 PM
 #180

Regrets are an important part of being a human. And where there are regrets, it usually comes in the end and not at first. That's why sometimes regrets are unavoidable since you have less control on it or you might have the control but you didn't take the risk, that's also something that is common in a human being. If you don't take the risk and end up profitable in the end, regrets are there, simply because no one knew that it will be the outcome then.


Do you think it's something that's really of any importance to humans? I don't think so, but rather, it's something that is inevitable, but it's mostly uncontrollable in some situations. Just like you mentioned, we cannot have control over it, but there are some situations where one can actually avoid it, but because of ignorance, they will do something that they have been warned not to do, and when the consequences of their action start, they will then start regretting it. 

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