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Author Topic: Consequences of greed  (Read 2174 times)
Lida93
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August 18, 2024, 05:32:21 AM
 #181

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What I want to say is that it's greed that made the predictor of the game to lose his chance of winning 15 million naira instead of winning along side his friend. So have you given anyone a booking code and he won then you lose?
May not actually be an act of greed as you may be considering it to be. Don't forget that every gambler has their targets in mind whenever making predictions to bet on sports games, and moreover nobody had known if the first predictions amounting to 15milliin was going to play. What am thinking here is that the dude tried to increase his chances peradventure the games played we wouldn't be calling it as an act of greed like you're saying now but it would have been a different story altogether.

Since his friend won the 15 million by staking in the games without altering it, he can still share a portion to the predictor of the games with double as his friend. It's a win-win case and there's nothing anyone can do about it since gambling is a world of uncertainty  we just keep trying out ways to make profit and it's either you lose or win while trying.

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August 18, 2024, 06:00:12 AM
 #182

The problem is not knowing how to stop. In poker, you often see a recreational player, which you can tell he is, having incredible luck with the cards, in the short term, and what he does is move up a level. You can see this in land-based casinos or in small online casinos. Then they go up a level, and if they are lucky, they go up again, until a moment comes when their luck runs out and they lose everything.

It is as if when they win, they think they are on a winning streak, instead of realizing that it is the opposite, that they have had too much luck and the best thing to do is to stop playing, cash out and leave. But greed gets the better of them and it backfires.
Many gamblers doesn't know when they must stop from playing gambling and that makes them lose much money. When our greed increases, we will forget about everything including our limitation and makes us lose more and more money. We will not thinks that playing gambling is for recreation or have fun but we will thinks that playing gambling is for winning the money.

Greed will go ups and downs so we must know how to control ourselves and prevents the greed becomes big. That is why we must learn many things to control ourselves so we can enjoy playing gambling and will not spends much money. When we can win from gambling, we don't have to thinks about winning more money instead just thinks to stops from playing gambling and save our win money.

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August 18, 2024, 06:39:52 AM
 #183

The guy that predicted the winning games was too ambitious and thinks he has the authority and magic wand over bookies not minding that gambling is very risky and a game of luck, he gave out a winning ticket instead of sticking with it and play it accordingly unfortunately overconfidence and too ambitious costed him a whooping 15 million naira, the lost would serve as a big lesson to him and in the future I hope he wouldn't repeat such a mistake again although this type of opportunity of winning massive is very rare it's just like hitting a jackpot thus guy that costly mistake would continue to hunt him unless he wins another massive or huge win

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August 18, 2024, 11:22:35 AM
 #184

I can not call it greed if he is able to afford to lose the money that he used to stake the bet. If his friend have not won, he may not even think of the bet at all. But he might not like the situation as his friend won but he did not win. He will not like the situation not because his friend won, but because he lost and he gave his friend what to select to bet with.

It might have been greed, or he just wanted to mix things up so that he would not have the same exact bet as his friend. We don't know that. I feel like OP is very early to judge without knowing first hand how it happened. That said, I agree that in some situations greed is at fault, but here the players did not know how safe the bets are, what their chances were and all that. I bet both of them thought they were going to lose so they did not focus on the bet too much and it was a complete surprise for both of them.

It is only greed that made his friends to add more games in order to have more potential winning than the one he gave his friend, similar case has happened to me and my friend thou he added more money to the money I bet the game that I gave him so that he could win more than me, but yeah the game played and he had more potential winning than me and he willingly gave me some money from his winning as a gift for given him game that played out, there is nothing absolutely wrong with being greedy but can e very bad when it is overly done.

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August 18, 2024, 11:56:14 AM
 #185

Many gamblers doesn't know when they must stop from playing gambling and that makes them lose much money. When our greed increases, we will forget about everything including our limitation and makes us lose more and more money. We will not thinks that playing gambling is for recreation or have fun but we will thinks that playing gambling is for winning the money.

Greed will go ups and downs so we must know how to control ourselves and prevents the greed becomes big. That is why we must learn many things to control ourselves so we can enjoy playing gambling and will not spends much money. When we can win from gambling, we don't have to thinks about winning more money instead just thinks to stops from playing gambling and save our win money.
Is there a connection between greed and addiction? It seems to me that gambling is precisely about possible addiction, when a player cannot control his desire to win. And I have always attributed greed to simply a human character trait, when a person can be too greedy either to himself or to others, but I do not know how this can be attributed to gambling. Unless in the case when you start winning, and want to make even more bets, and for a larger amount in the hope that the winnings will continue.

R


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August 18, 2024, 12:02:29 PM
 #186

Many gamblers doesn't know when they must stop from playing gambling and that makes them lose much money. When our greed increases, we will forget about everything including our limitation and makes us lose more and more money. We will not thinks that playing gambling is for recreation or have fun but we will thinks that playing gambling is for winning the money.

Greed will go ups and downs so we must know how to control ourselves and prevents the greed becomes big. That is why we must learn many things to control ourselves so we can enjoy playing gambling and will not spends much money. When we can win from gambling, we don't have to thinks about winning more money instead just thinks to stops from playing gambling and save our win money.
Is there a connection between greed and addiction? It seems to me that gambling is precisely about possible addiction, when a player cannot control his desire to win. And I have always attributed greed to simply a human character trait, when a person can be too greedy either to himself or to others, but I do not know how this can be attributed to gambling. Unless in the case when you start winning, and want to make even more bets, and for a larger amount in the hope that the winnings will continue.
Of course, such moments happen to players when they are lucky and they continue to bet even more furiously and passionately in the hope that they have caught a wave of luck, and it must be saddled while there is such an opportunity. But of course, this is only an illusion and it makes no difference whether the player continues to bet or finishes the game and continues in a week, because all games are one big distance and it ends only at the moment when the player never enters the game to test his luck again. Many players do not understand this and bet every time as if it were the last, not even suspecting that they will return here again and more than once.

R


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August 18, 2024, 04:45:11 PM
 #187


It might have been greed, or he just wanted to mix things up so that he would not have the same exact bet as his friend. We don't know that. I feel like OP is very early to judge without knowing first hand how it happened. That said, I agree that in some situations greed is at fault, but here the players did not know how safe the bets are, what their chances were and all that. I bet both of them thought they were going to lose so they did not focus on the bet too much and it was a complete surprise for both of them.

It is only greed that made his friends to add more games in order to have more potential winning than the one he gave his friend, similar case has happened to me and my friend thou he added more money to the money I bet the game that I gave him so that he could win more than me, but yeah the game played and he had more potential winning than me and he willingly gave me some money from his winning as a gift for given him game that played out, there is nothing absolutely wrong with being greedy but can e very bad when it is overly done.

I think I will ask about what is meant by it is okay with greed as long as it is not done excessively, my friend, isn't greed included in the category of excessive actions? I think of course, because greed means that you are risking something much bigger in order to get a big win. Maybe you say that because your friend managed to win with the prediction you gave earlier and then he gave some of his winnings to you, but of course gambling is not just about winning, I would say that your friend's success is nothing more than luck that comes at the right time, and maybe if your friend at that time experienced defeat then maybe you wouldn't say that greed is an action that is not a problem to do.

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August 18, 2024, 05:17:08 PM
 #188

I can not call it greed if he is able to afford to lose the money that he used to stake the bet. If his friend have not won, he may not even think of the bet at all. But he might not like the situation as his friend won but he did not win. He will not like the situation not because his friend won, but because he lost and he gave his friend what to select to bet with.

It might have been greed, or he just wanted to mix things up so that he would not have the same exact bet as his friend. We don't know that. I feel like OP is very early to judge without knowing first hand how it happened. That said, I agree that in some situations greed is at fault, but here the players did not know how safe the bets are, what their chances were and all that. I bet both of them thought they were going to lose so they did not focus on the bet too much and it was a complete surprise for both of them.

It is only greed that made his friends to add more games in order to have more potential winning than the one he gave his friend, similar case has happened to me and my friend thou he added more money to the money I bet the game that I gave him so that he could win more than me, but yeah the game played and he had more potential winning than me and he willingly gave me some money from his winning as a gift for given him game that played out, there is nothing absolutely wrong with being greedy but can e very bad when it is overly done.
The friend wants more money but he has forgotten that add more games will risk all the games on the bet. However, the guy that won the bet will be very happy because he didn't stress himself to predict any of the game that his friend gave to him. But the one that didn't win the game will not be happy because he messed up by adding more games instead of staking the game the way his friend did.

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Tmoonz
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August 18, 2024, 05:18:29 PM
 #189


It might have been greed, or he just wanted to mix things up so that he would not have the same exact bet as his friend. We don't know that. I feel like OP is very early to judge without knowing first hand how it happened. That said, I agree that in some situations greed is at fault, but here the players did not know how safe the bets are, what their chances were and all that. I bet both of them thought they were going to lose so they did not focus on the bet too much and it was a complete surprise for both of them.

It is only greed that made his friends to add more games in order to have more potential winning than the one he gave his friend, similar case has happened to me and my friend thou he added more money to the money I bet the game that I gave him so that he could win more than me, but yeah the game played and he had more potential winning than me and he willingly gave me some money from his winning as a gift for given him game that played out, there is nothing absolutely wrong with being greedy but can e very bad when it is overly done.

I think I will ask about what is meant by it is okay with greed as long as it is not done excessively, my friend, isn't greed included in the category of excessive actions? I think of course, because greed means that you are risking something much bigger in order to get a big win. Maybe you say that because your friend managed to win with the prediction you gave earlier and then he gave some of his winnings to you, but of course gambling is not just about winning, I would say that your friend's success is nothing more than luck that comes at the right time, and maybe if your friend at that time experienced defeat then maybe you wouldn't say that greed is an action that is not a problem to do.


Naturally, humans are characterized with greed believe me or not but that is the truth and it is a bitter one at that hence my reason for saying that greed is only problematic when it is excessive . But however, it I think we are still on the same page since am not literally saying that greed is completely ok if only you gat my points correctly, yes gambling is not just about winning only there could be losses too, as to this regards if one can maximize opportunities without struggling to achieve it or regret ever taking such action there is nothing absolutely wrong with that, what the guy would have done is to bet the one he gave his friend same way before adding extra game to avoid regrets but however two things are always involved which is either winning or Lossing.

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August 18, 2024, 05:26:48 PM
 #190

Many gamblers doesn't know when they must stop from playing gambling and that makes them lose much money. When our greed increases, we will forget about everything including our limitation and makes us lose more and more money. We will not thinks that playing gambling is for recreation or have fun but we will thinks that playing gambling is for winning the money.

Greed will go ups and downs so we must know how to control ourselves and prevents the greed becomes big. That is why we must learn many things to control ourselves so we can enjoy playing gambling and will not spends much money. When we can win from gambling, we don't have to thinks about winning more money instead just thinks to stops from playing gambling and save our win money.
Is there a connection between greed and addiction? It seems to me that gambling is precisely about possible addiction, when a player cannot control his desire to win. And I have always attributed greed to simply a human character trait, when a person can be too greedy either to himself or to others, but I do not know how this can be attributed to gambling. Unless in the case when you start winning, and want to make even more bets, and for a larger amount in the hope that the winnings will continue.
Of course, such moments happen to players when they are lucky and they continue to bet even more furiously and passionately in the hope that they have caught a wave of luck, and it must be saddled while there is such an opportunity. But of course, this is only an illusion and it makes no difference whether the player continues to bet or finishes the game and continues in a week, because all games are one big distance and it ends only at the moment when the player never enters the game to test his luck again. Many players do not understand this and bet every time as if it were the last, not even suspecting that they will return here again and more than once.
We even have an expression that "a greedy player pays twice as much as a regular player". I think it was invented by smart players who learned from bitter experience. The thing is that you can't determine for yourself whether a player is greedy or not before the game starts, it can develop slowly and mix with excitement. If a newbie comes in with interest and curiosity, then over time it develops into aggressive and big bets, even if he didn't expect it, but of course not for everyone, but you should always remember this and control this fine line, otherwise you can become greedy and lose all the money, and in the worst case, even the money we borrowed from friends and acquaintances.

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August 18, 2024, 06:27:00 PM
 #191

The guy that predicted the winning games was too ambitious and thinks he has the authority and magic wand over bookies not minding that gambling is very risky and a game of luck, he gave out a winning ticket instead of sticking with it and play it accordingly unfortunately overconfidence and too ambitious costed him a whooping 15 million naira, the lost would serve as a big lesson to him and in the future I hope he wouldn't repeat such a mistake again although this type of opportunity of winning massive is very rare it's just like hitting a jackpot thus guy that costly mistake would continue to hunt him unless he wins another massive or huge win

Yeah, we should try not to jump too high, otherwise, it's much worse to fall from the distance that we ourselves made bigger.

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August 18, 2024, 07:41:08 PM
 #192

Quote from: gabbie2010
The guy that predicted the winning games was too ambitious and thinks he has the authority and magic wand over bookies not minding that gambling is very risky and a game of luck, he gave out a winning ticket instead of sticking with it and play it accordingly unfortunately overconfidence and too ambitious costed him a whooping 15 million naira, the lost would serve as a big lesson to him and in the future I hope he wouldn't repeat such a mistake again although this type of opportunity of winning massive is very rare it's just like hitting a jackpot thus guy that costly mistake would continue to hunt him unless he wins another massive or huge win
The guy that won the 15 millionaire from the bet took the risk not to add for the games that was given to him and  he won, for you to know that there is no professional in gambling because the guy that gave him the games added to his own games to make big money from the games to show to people, he is a professional in gambling and he missed it at the end. He will be very careful next time when he come across such opportunity again because it's painful to hear that in the gambling, which many gamblers have taken a lesson for such mistakes in the past.

To be greed in gambling is dangerous to gamblers, and it can make some gamblers to lost a lot of money in gambling because they failed to ignore the greed in the gambling.

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August 18, 2024, 08:23:29 PM
 #193

I can not call it greed if he is able to afford to lose the money that he used to stake the bet. If his friend have not won, he may not even think of the bet at all. But he might not like the situation as his friend won but he did not win. He will not like the situation not because his friend won, but because he lost and he gave his friend what to select to bet with.

Greed is simply not being satisfied with what you have even if it's more than enough, I'll consider it to be greed even though he staked what he could afford to lose but the total games combined were just too much, I'm not saying that less games on a multiple bet gives you an assurance of winning but the chances of winning are quite higher compared to when you combine too many games, he was probably playing for fun but making more selections was a greedy move

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August 18, 2024, 09:09:11 PM
 #194

It is only greed that made his friends to add more games in order to have more potential winning than the one he gave his friend, similar case has happened to me and my friend thou he added more money to the money I bet the game that I gave him so that he could win more than me, but yeah the game played and he had more potential winning than me and he willingly gave me some money from his winning as a gift for given him game that played out, there is nothing absolutely wrong with being greedy but can e very bad when it is overly done.
Sometimes it might not also be greed; it could also be that after the person made the prediction, he remembered a few games or came across games that he thought were supposed not to be included on his slip, and instead of making a brand new bet, he made the mistake of including the whole bet together, resulting in the reason why he lost his own bet and why the person the person who gave the first booking won his own. I don't entirely consider it greed; it could also be greed; it could also be what I pointed out in my first few lines.

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August 18, 2024, 09:39:40 PM
 #195

Many gamblers doesn't know when they must stop from playing gambling and that makes them lose much money. When our greed increases, we will forget about everything including our limitation and makes us lose more and more money. We will not thinks that playing gambling is for recreation or have fun but we will thinks that playing gambling is for winning the money.

Greed will go ups and downs so we must know how to control ourselves and prevents the greed becomes big. That is why we must learn many things to control ourselves so we can enjoy playing gambling and will not spends much money. When we can win from gambling, we don't have to thinks about winning more money instead just thinks to stops from playing gambling and save our win money.
Is there a connection between greed and addiction? It seems to me that gambling is precisely about possible addiction, when a player cannot control his desire to win. And I have always attributed greed to simply a human character trait, when a person can be too greedy either to himself or to others, but I do not know how this can be attributed to gambling. Unless in the case when you start winning, and want to make even more bets, and for a larger amount in the hope that the winnings will continue.
Of course, such moments happen to players when they are lucky and they continue to bet even more furiously and passionately in the hope that they have caught a wave of luck, and it must be saddled while there is such an opportunity. But of course, this is only an illusion and it makes no difference whether the player continues to bet or finishes the game and continues in a week, because all games are one big distance and it ends only at the moment when the player never enters the game to test his luck again. Many players do not understand this and bet every time as if it were the last, not even suspecting that they will return here again and more than once.
We even have an expression that "a greedy player pays twice as much as a regular player". I think it was invented by smart players who learned from bitter experience. The thing is that you can't determine for yourself whether a player is greedy or not before the game starts, it can develop slowly and mix with excitement. If a newbie comes in with interest and curiosity, then over time it develops into aggressive and big bets, even if he didn't expect it, but of course not for everyone, but you should always remember this and control this fine line, otherwise you can become greedy and lose all the money, and in the worst case, even the money we borrowed from friends and acquaintances.
HUman beings are naturally greedy, it is really just that there are really those individuals who do able to control their greed and there are ones who do really fail on doing so. This is why we do see diffferent
situations when it comes into this manner because not all would really be that good in terms of moderation and this is why it would really be that ending up on a disaster.

Life situations or outcomes will really be varying on the decisions that you had made out. You cant really be just that make out some rush decisions without even thinking
on what would really be that outcome of it. It would really be just that too impossible that you cant really be able to determine whether it would really be that good or bad.
People would really be only learning up on things on the time that you would be experiencing hardship and unfortunate conditions.

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August 18, 2024, 09:46:33 PM
 #196

The guy that predicted the winning games was too ambitious and thinks he has the authority and magic wand over bookies not minding that gambling is very risky and a game of luck, he gave out a winning ticket instead of sticking with it and play it accordingly unfortunately overconfidence and too ambitious costed him a whooping 15 million naira, the lost would serve as a big lesson to him and in the future I hope he wouldn't repeat such a mistake again although this type of opportunity of winning massive is very rare it's just like hitting a jackpot thus guy that costly mistake would continue to hunt him unless he wins another massive or huge win
It is good to have confidence in winning in gambling but when over confidence is grown it will lead to bad situation. Also since luck is an important factor in gambling I can never be sure depending on anyone's word here. Those who place bets depending on others will never get their desired winnings. It is natural for a gambler to lose but he must remember that he should not be consumed by greed in gambling. That is, he has to limit himself to a limited amount of wants and needs, otherwise he loses more than he gains from gambling. Those who are greedy in gambling will never get satisfaction from this platform.

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August 18, 2024, 11:04:07 PM
 #197

Obviously there's no other name to tag this than greed, I mean that's about $12k  he was supposed to win along side he's friend but he wanted to be smarter and that has cost him loosing his stake a d also loosing out in the winning he was supposed to enjoy but he may now become envious of his friend as a result.

This is an example a d a lesson to learn from that following our instincts without trying to be too greedy could be helpful in some situations whenever you gamble like this and give out games, trying to bee too smart only reduce your chances, it's even better if you reduce the game than adding, the chances you remove the bad game while removing some games is much higher then the chances you add a winning game when adding some  more after you had made your i initial selection.

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August 18, 2024, 11:23:48 PM
 #198

The guy that predicted the winning games was too ambitious and thinks he has the authority and magic wand over bookies not minding that gambling is very risky and a game of luck, he gave out a winning ticket instead of sticking with it and play it accordingly unfortunately overconfidence and too ambitious costed him a whooping 15 million naira, the lost would serve as a big lesson to him and in the future I hope he wouldn't repeat such a mistake again although this type of opportunity of winning massive is very rare it's just like hitting a jackpot thus guy that costly mistake would continue to hunt him unless he wins another massive or huge win
It is good to have confidence in winning in gambling but when over confidence is grown it will lead to bad situation. Also since luck is an important factor in gambling I can never be sure depending on anyone's word here. Those who place bets depending on others will never get their desired winnings. It is natural for a gambler to lose but he must remember that he should not be consumed by greed in gambling. That is, he has to limit himself to a limited amount of wants and needs, otherwise he loses more than he gains from gambling. Those who are greedy in gambling will never get satisfaction from this platform.

Really depends on a kind or type of a gambler you are, I mean he's confident because he thinks he understood the game very well, not hesitating that he can win more if he push forward,  that's different from a gambler who dominated by greed,  instead of taking the advantage and be wise, pushing forward to aim for  more makes him suffer,  it's always depends from a gambler perspective and how he can limit himself and make that hard stop when he's in sessions.

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August 18, 2024, 11:50:15 PM
Last edit: August 19, 2024, 05:50:01 PM by AmoreJaz
 #199

Obviously there's no other name to tag this than greed, I mean that's about $12k  he was supposed to win along side he's friend but he wanted to be smarter and that has cost him loosing his stake a d also loosing out in the winning he was supposed to enjoy but he may now become envious of his friend as a result.

This is an example a d a lesson to learn from that following our instincts without trying to be too greedy could be helpful in some situations whenever you gamble like this and give out games, trying to bee too smart only reduce your chances, it's even better if you reduce the game than adding, the chances you remove the bad game while removing some games is much higher then the chances you add a winning game when adding some  more after you had made your i initial selection.

Most will just regret after they lost money after their big win. They will tell themselves, what if they have separated some before betting it all in? Well, you will regret at the end of your screw up. It is never in the beginning, right?

So before you subject yourself in that kind of emotion, better think of your actions and maybe be conservative with your estimates. If you want some assurance, separate some of those winnings as early as you can. Try outsmarting yourself.

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August 19, 2024, 01:28:49 AM
 #200

Is there a connection between greed and addiction? It seems to me that gambling is precisely about possible addiction, when a player cannot control his desire to win. And I have always attributed greed to simply a human character trait, when a person can be too greedy either to himself or to others, but I do not know how this can be attributed to gambling. Unless in the case when you start winning, and want to make even more bets, and for a larger amount in the hope that the winnings will continue.

Greed is attributed to gambling because of its monetary returns. Most gamblers wouldn't spend lots of time in a casino if they weren't greedy to make money. Greediness is also seen in a gambling session with little wins, but the player hopes to win big money. The player won't be concerned about his current results. His winning goals will rule his thoughts. At this level of greediness, the player will lose more money.

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