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Author Topic: Risk or regret? (2)  (Read 1711 times)
Dewi Aries
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August 25, 2024, 06:23:54 PM
 #181

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. 

I think the point is that as long as humans are in a normal stage of thinking (except having a mental disorder) then regret will always be something that can never be completely avoided, we are no more than ordinary humans who do not always know about what is likely to happen in any case, meaning regret will always be something that is certain to be felt. Ignorance will always drive curiosity and when the action is not accompanied by the ability to accept the consequences of the risk then regret will occur, meaning in my opinion there are two ways to avoid regret, namely either you do nothing or you prepare yourself from the start to accept anything that will happen that you did not know before.

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August 25, 2024, 06:29:47 PM
 #182

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. 


I agree. It will happen, but it's not because we want it to or because it's natural, but because we are not in charge Grin

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August 25, 2024, 06:41:44 PM
 #183

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.
The answer to the question will be based on individual experience and the amount that was lost or would have been won. I will regret more if I lose since money is already involved. Betting with a huge amount and losing is very painful, especially when you have confidence that you will win the bet. The pain of losing an opportunity to win big because of fear of taking risks is painful, but it wouldn't last for a long time. Since I didn't lose any funds, in a few days, I might overcome the pain. Although I might still recall it once in a while every gambler should believe that the future is better. There will always be more opportunities to win big if you don't give up.

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August 25, 2024, 07:36:46 PM
 #184

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.
In general people regret way more a missed chance than a risk taken, and this is because when it comes to the risk you took, at least you can find solace in the fact that you tried your best despite your failure, but when it comes to the missed opportunities, you will always wonder what it may have happened if you took your chances, which is why if the risk you face is on the low side, it is preferable to take the risk as there is a chance that things could turn in your favor and you may get what you want.
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August 25, 2024, 07:57:39 PM
 #185

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.

You are correct that risk and regret in betting are highly subjective and can be equally painful depending on the situation. However, one must keep in mind that both can be steered clear of, or at least minimized, with a more measured and thoughtful approach.

Risk-taking is part of gambling, but it can be curbed by being well informed about your limits and proper management. Regret typically results from imprudent actions; most of the time, regret stems from acting without thought. Hence, it is wiser to be prudent in decision-making than to have avoidable regrets come later on a platter.

Ultimately gambling should be, done with a full awareness of the downside and not just chasing opportunities uncalculated risks.

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August 25, 2024, 08:11:05 PM
 #186

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.
Gambling and risk goes hand in hand and for sure it worth getting used to because when we are used to that pain of loses from our risk, the impact on our mental health will be less, unlike those that risk with the mentality of winning and also risking more than they can afford to lose, those in that category will face more pain when they lose along the lines they become pained to the point of losing it even more than just regret, because at times some of those gambler's may even go as far as borrowing money just to take that risk which at most will definitely put the in a tite corner when they expectations failed, when it comes to cryptocurrency gambling, there is the need to always take calculated risk and not just jumping on anything based on greed because greed can only lead to frustrating outcome at most times.

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August 25, 2024, 08:14:10 PM
 #187

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.
Your right. It's preferable a gamblers to accept the fact that they lose a bet when they gamble knowing full well that they may win or lose from the beginning than having to not bet the game and at the end of the day the game later played. The regret of not staking the game will be more painful but one cannot predict when a game will play that is why most gamblers fall victim to this kind of situation.

There are several reasons why people end up regretting gambling which is because they did not play the game because they are low on finances or they missed the period. A missed opportunity for life-changing experience can never  be forgetting.

.
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August 25, 2024, 08:17:44 PM
 #188

All the gamblers will go for the regret because already we al know that gambling is risky so there is nothing to be afraid of. And it will be painful if you didn't risk the fund to play and someone bet or play the game and win exactly the way your were thinking of to play.
Gambling is risk event so whoever involved in it supposed know that so that you won't have the heart attack.

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August 25, 2024, 08:32:36 PM
 #189

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.
Is regret an important part of our lives? Sometimes, in most cases, I consider it a punishment for not making the right decision, but in most cases, I also see it as something that tells us that we are still alive and can still reconsider the decision we have made in the past.
 
Whichever way I consider it, if it’s possible for us to avoid experiencing regret, we should avoid it, even as in most cases, it creates room for opportunity compared to taking a risk, which will burn out the amount used to place the bet.

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August 25, 2024, 09:27:48 PM
 #190

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. 


Who doesn't regret making a terrible mistake that led to losing money or an opportunity to win cash? The real action is to get rid of the recurring thoughts that regret launches on the person's memory. I prefer learning from my mistakes, it helps me plan a better gambling strategy. Reminiscing over a painful past diminishes happiness. And, living in regrets is a chronic illness that could ruin a player's life. Minimizing it can help stabilize the health condition of any player.

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August 25, 2024, 09:35:59 PM
 #191

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 don't know for me but there is no pain in rising anything in gambling as long as you do it and practice it in a way the money involved is something I can afford to lose, I can't feel any pain when I lose a dollar. Sometimes in my local currency, I do bet a cent and it do worth something later even if you make a conversion to dollar currency. Just gamble amount you know you can afford to lose and you will be fine with the pain of the risk.

As for the regret, I'm not sure about that as well. Its better to not to gamble and lose your staking power, your judgement should have a reason why you are not doing it and if it's okay by it, if the result turn out the other way round, you should never bother a out it. Perhaps it was never yours to play in the first place, you can't be lucky everytime you know.

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August 25, 2024, 10:13:08 PM
 #192

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.
Opportunity they say comes only but once and when missed it almost never comes again that's why it will appear even more painful than an opportunity you did failed at. For gamblers especially those who have gambled for a long time and are used to loosing, they would say they will not be pained by loosing a game as much as a game they didn't place a stake on and it did turned out the game was won, probably it could have been a turning point for them especially for heavy stakes but for a regular Gambler it would have taken care of a bill or the other, putting all this together gets them to feel pained they didn't grab the opportunity when they saw it.

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August 25, 2024, 10:40:30 PM
 #193

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.
Many times when we never take the opportunity to bet on a right changing games that would have given us profits, this can be very hard to be forgetton compared to the bets that we lost. Opportunity is not something that we can easily forget that is why we would keep thinking about it and how ones life would have changed entirely. Their are so many bets I have played and never win a dime but I can still remember so many bets I should have taken that could have given me better results making it a remarkable day my life would have changed. I have also learnt to say bye to every  of my regrets, I believe in new opportunities.

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August 25, 2024, 11:18:20 PM
 #194

Regret over a win not claimed is less of a problem to me than a risk gone wrong, especially in such a scenario as gambling. When you gamble not only are you putting money down the line, you're also risking your own mental health even more, especially if you're someone who hasn't steeled their resolve just yet. So while wins not claimed might sound bad, and they are don't get me wrong, I think in the grand scheme of things it's much worse to lose it all in the process since at the end of the day that's money that's gone.

Plus risk is something you can control, the amount of wins you would incur, not so much. That's why risk management is a thing in the first place, you have to play around the risks that you will be facing, to maximize your profits and minimize your losses.

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August 26, 2024, 01:12:59 AM
 #195

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.
Is regret an important part of our lives? Sometimes, in most cases, I consider it a punishment for not making the right decision, but in most cases, I also see it as something that tells us that we are still alive and can still reconsider the decision we have made in the past.
 
Whichever way I consider it, if it’s possible for us to avoid experiencing regret, we should avoid it, even as in most cases, it creates room for opportunity compared to taking a risk, which will burn out the amount used to place the bet.
Regret isn't important from my own perceptive. There are mistakes or things I did I wish I never did. Although those things made me change and get better, at the same time they left a scar in my heart that I do not forget. The reason why I say regret is not important is because, sometimes it pushes us to do negative things or make the wrong decisions. Imagine a case where we regret not gambling a particular game and then the same played. Another time we may be pushed to bet on a game not because we want to or have made a good analysis of the game but because we remembered that we did not bet the last time and that will make us bet the game and end up losing it.

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August 26, 2024, 06:26:52 AM
 #196

- 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?
if you compare the two event to know which is more painful to you, you will know that it's going to be more painful that you've taken the risk of playing with an higher amount which at the end of the day didn't enter and then you lost the money. Thought regarding other things you should have used the money will flood your mind and that's when the real regret will come in. On the other hand, if you had plans of placing a bet but became skeptical at some point along the way and ended up not placing the bet at all and later you discover that what you predicted came out as planned, you're going to be angry with yourself that you didn't go ahead to make that prediction but even at that, it doesn't still mean that you've lost anything since nothing has gone out of yiur hands in the first place.

This is not just related to gambling alone. Sometimes we see opportunities but fail to take those opportunities seriously because of the risk associated with them and when others go on to try it out and become successful at it, the tendency of regretting your inaction becomes your reality. Your mind is what's most important in any case. If you mind doesn't aggre that you carry out an action iether a bet or whatever, it's best to just leave it that much way and if after you've done it and the thing didn't go out as planned or you've refused doing it and the thing later played out in your favour should you have done it, it's just best to accept the reality and cease from regretting for no reason.

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August 26, 2024, 06:55:40 AM
Last edit: August 26, 2024, 07:13:36 AM by Dr.Bitcoin_Strange
 #197

I prefer learning from my mistakes, it helps me plan a better gambling strategy. Reminiscing over a painful past diminishes happiness. And, living in regrets is a chronic illness that could ruin a player's life. Minimizing it can help stabilize the health condition of any player.

There are some persons that doesn't take corrections or learn from there past mistakes or the mistakes of others, these set of people always do things in a way that they feel less concern and when things go wrong, instead of taking up responsibility, they start to point fingers at what seem to contribute to their problem. There's the case of a foolhardy gambler who always love to put blam on how bad a player was, that affected his bet. He keeps doing that, looking for who to blam. I think one should easily let go of those things, either good or bad, one should learn to easily let go and move on. If one lose the opportunity to place a bet and it turns out successful, it doesn't mean that other games will not give them winning, so there's no need to start being regretful for a long time.

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August 26, 2024, 07:39:38 AM
 #198

There are some persons that doesn't take corrections or learn from there past mistakes or the mistakes of others, these set of people always do things in a way that they feel less concern and when things go wrong, instead of taking up responsibility, they start to point fingers at what seem to contribute to their problem. There's the case of a foolhardy gambler who always love to put blam on how bad a player was, that affected his bet. He keeps doing that, looking for who to blam. I think one should easily let go of those things, either good or bad, one should learn to easily let go and move on. If one lose the opportunity to place a bet and it turns out successful, it doesn't mean that other games will not give them winning, so there's no need to start being regretful for a long time.
It is very annoying when there are gamblers who blame others for the losses that occur in the bets they make, because in my opinion the losses occur because they themselves gamble with their own desires, it seems almost impossible if they gamble forced by others or their friends it is impossible. By blaming others for the losses that occur, maybe it is because they cannot accept the defeat that occurs so that their emotions become uncontrollable. Gambling is a risky game so when someone gambles, they must be ready for the risks in gambling, namely losing the money they bet. Because when they are not ready, other bad things will happen, such as losing more money or other bad things besides that, defeat is something that is certain to happen, so there is no point in regretting the money that has been lost in gambling, it will not change the situation for the better.

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August 26, 2024, 07:48:29 AM
 #199

Many times when we never take the opportunity to bet on a right changing games that would have given us profits, this can be very hard to be forgetton compared to the bets that we lost. Opportunity is not something that we can easily forget that is why we would keep thinking about it and how ones life would have changed entirely. Their are so many bets I have played and never win a dime but I can still remember so many bets I should have taken that could have given me better results making it a remarkable day my life would have changed. I have also learnt to say bye to every  of my regrets, I believe in new opportunities.
But that will not gives us the win because we know that gambling will not gives a big chance for gamblers to win. We may win as we expect but we can not have a big hope to win every time we playing gambling even if we are an expert because gambling will not let us win easily. We can only playing gambling for have fun and not for making money because that will make us regret because we can lose our money anytime. Playing gambling give us a risks to lose the money so we must understand about that so we can only use the money we can afford to lose. We don't have to playing gambling too hard because that can make us want to chase the win or recover our losses if we lose the money. When we can not hold ourselves while playing gambling, that will be the time for us to lose more money because we forget to limit our money and difficult to stops from playing gambling.

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August 26, 2024, 09:28:40 AM
 #200

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 painful experience that the gamblers around me have felt was playing to place a bet and something lead to something and they have a change of mind only to find out later that the game was a success just like they predict in their mind but the mist scary ones are when they lose everything to gambling, my friend went on days without eating, he lost his appetite because of the amount that he used and lose in gambling.

Gambling is a game of luck I don't think that I will ever feel that painful with gambling, it is normal for me to take risks because I don't want to be punished for not taking risks, if one doesn't take risks I doubt that they will ever become something great in life, risks is how we progress faster than working and saving, you can't grow better if you don't invest, but not the same with taking risks on gambling.

Gambling is sure to bring you more losses than investment.
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