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Author Topic: Consequences of greed  (Read 2382 times)
rachael9385 (OP)
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August 12, 2024, 04:51:54 PM
 #81

Something happened earlier yesterday in my area and I would like to share it here so we can discuss about it to see if something similar to this has happened to anyone here.

 A brother is a thing that destroys a man in an instant. From my personal life I can say that I was once watching an elder brother playing gambling near me and at first I thought I would not be interested in it. But no later my mood changed and I lost some money due to my greed. Since then I have made up my mind that no matter what I do in life, I will never become addicted to gambling. Not only that, I have met many people who were the most self-sufficient. Then it is seen that they suffer a lot from their past as they are addicted to various types of joy and lose their money there. So you should learn from these.
The important role one who's not ever ready or have any interest in gamble should know is that he should not be closer to anyone that's gambling because the more one is closer to a gambler that how he develops interest on gambe activities.
And again, greed makes a man lose more in everything that he does, ones greed is included in his activities he starts losings gradually. The problem is that greed gives one the believe to think that he will gain more if do things the opposite ways.

 
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August 12, 2024, 04:54:21 PM
 #82

That's what you call irresponsible gambling. Why would we blame other people for our mistakes? In the first place, we weren't forced to gamble; it was our own will to gamble in a casino, and we agreed to the terms. Sometimes, just knowing the terms isn't enough, being a good gambler we really have to develop a sense of responsibility within ourselves so we don't make mistakes, and worse, get addicted, which could lead to blaming others or, even worse, ruining our family.

From the beginning, we should be able to determine if we can handle the pressure, as gambling is very addictive for those who are emotionally weak.

Irresponsible gambling is the fault of the gambler himself. If by chance, a gambler wins the bet/game out of greed, will he blame anyone or will he share or return the profit to the casino? So why in the case of loss, the gambler blames the casino and wants his money back?
Whatever are the consequences of greed, it is to be borne by the greedy one and in this case it is the gambler who is greedy and no one else should be responsible for this.
Being irresponsible in your gambling activities does not justify shifting blame to someone else or something else on a decision the person made on their own; it's just part of the game, and they should accept it that way. 
 
In this case, I don't even think the guy who predicted the game blamed anyone for adding extra game to his bet slipt, which as a result of that caused him to lose the bet.
 
The OP of this thread is the one who is blaming the gambler for being a gambler who just did what gamblers do best: predict and try out their skill, which I consider totally wrong for the OP to start judging the predicted for his own decision, his own money, etc.
People do love to point their fingers into someone who would really be taken up the blame in speaking about losing money into their gambling sessions on which this is really just that a normal reaction
on which most gamblers would really be showing. On the time or moment that you do find yourself having those losing situation then easing out that frustration and disappointment would really be that indirectly sent out
into other people on which its never been right on doing so. There are really individuals who are really like this and it is really just that sad that they cant really be able to accept their fate when it comes into this aspect.
People would really be that playing no matter what and as long they do have the money and having that kind of aim on playing even more or further until they would be busting it all.

Greed is what make a person would really be pushing up themselves into the limit on which they would really be definitely be having that kind of behavior that trying to make yourself get rich on the time
or moment that you do find yourself having this kind of game. Well, its really that pretty normal that you would really be aiming up for something such as this.
There are ones who are really that responsible into their actions but there are people who are really that becomes delusional into this aspect.

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August 12, 2024, 04:55:45 PM
 #83

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?

First, as long as we have different nationalities in the forum it is better to use either Bitcoin or USD while sharing a story or example, that’s my opinion.
Second, when it comes to your topic and the story, I find everything in it but not greed, which is surprising that you couldn’t make a difference between greed and normal gambling activity. In many ways, that player who advised his friend could win the other games also and make better profits, or in another scenario both could lose the bet, and as long as nothing is assured we cannot call it greed.
For instance, if that person have won the first bet and made a significant profit, then later decided to gamble more, this is where we can call it greed.

The Op should be careful next time in posting things without any kind of understanding or knowledge, since I believe that anyone can easily make a difference between greed and normal behavior of a gambler.

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August 12, 2024, 05:05:07 PM
 #84

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.
Yes that is but mostly as gambler we knows as greed because if that what is in the tickets was enough for him there won't be a time he would go alter the game to increase his amount to win. That is why I somehow accept to what op is saying here because if not greed then nothing, you know already that if someone is placing bet they are doing it according to amount they could accept to risk and whatever that made a gambler to predict game and later run he noticed that the games is not enough for him or maybe he feels to increase his odds then we can call it greed because at first he wouldn't had allowed that to happened to him, even though it known that we can't predict what we may likely see in gambling as the last results but we should also learned to remain with our games after selections.

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August 12, 2024, 05:24:53 PM
 #85

I wouldn't call this greed. Potential winnings aren't real winnings. You lose only with money out of pocket, not with profit you didn't withdraw.
You never had this money in the first place, you'll never have it from the bet you lose so no loss but no gain either.

So I wouldn't blame OP's friend for being a casual gambler and taking a large risk with a free code. To me it wouldn't matter. Because every day I lost bets that had huge multipliers. I don't care that much to be honest because I know these bets wouldn't even be placed in the first place if I couldn't max out my bet slip.

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August 12, 2024, 05:41:33 PM
 #86

The important role one who's not ever ready or have any interest in gamble should know is that he should not be closer to anyone that's gambling because the more one is closer to a gambler that how he develops interest on gambe activities.
Usually they are easily provoked because they see other people gambling, they have a high desire to gamble and this will have an impact on gambling addiction, so you have to keep yourself away from the gambling environment and avoid hanging out with people who are addicted to gambling.

Quote
And again, greed makes a man lose more in everything that he does, ones greed is included in his activities he starts losings gradually. The problem is that greed gives one the believe to think that he will gain more if do things the opposite ways.
Greed is the main problem that must be avoided and they must anticipate several steps not to get involved in greed. The important solution is that you must determine the limit of money for gambling and never add/deposit other money when you lose a bet. However, they cannot follow that simple solution because emotions have influenced them to gain profits from gambling without considering the high losses.
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August 12, 2024, 05:43:38 PM
 #87

Yes that is but mostly as gambler we knows as greed because if that what is in the tickets was enough for him there won't be a time he would go alter the game to increase his amount to win. That is why I somehow accept to what op is saying here because if not greed then nothing, you know already that if someone is placing bet they are doing it according to amount they could accept to risk and whatever that made a gambler to predict game and later run he noticed that the games is not enough for him or maybe he feels to increase his odds then we can call it greed because at first he wouldn't had allowed that to happened to him, even though it known that we can't predict what we may likely see in gambling as the last results but we should also learned to remain with our games after selections.
The thing is that greed in the game comes smoothly at first and then gradually increases. The player can very easily lose this feeling when he needs to tell himself to stop, but most do not do this because they do not want to leave as losers. Due to the fact that many have too much stress in life, everyone goes to gambling games for victories and to win money. Therefore, bets continue even if it seems that it is enough, but no, the player places and each time promises himself that he lacks just a little to win, literally 1 spin. Remember yourself when you play and learn to stop without these excuses, because if you can stop yourself, then we have willpower and greed does not put pressure on us.

R


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August 12, 2024, 05:49:53 PM
 #88

....greed...

I don't know why the connotation of greed exists, combined bets are just that, bets that increase your winnings with associated probabilities, simply that.

When it's my money, combined bets rarely reach 10 selections, but if I receive a Freebet, not always but I make combined bets that I would never make and it's not because of greed, I just do it and that's it.

Sometimes I actually take bets of 1.04 just to get to a round 100x, e.g. , if you understand me.

In the past few days one of these so-called safe bets simply screwed up my combined bet.

So it's relative, for some of us it's simply not greed, it's just another day of betting.






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August 12, 2024, 07:00:31 PM
 #89

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.
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August 12, 2024, 08:22:21 PM
 #90

Blaming is always part of the game when gambling. We look for someone or something to put the blame for our losses and being unlucky.

That's one consequence of being greedy and we should be standing on our fault and don't look it to someone because no matter how bad we are on that day.

We shouldn't put the blame to anyone and only point it to ourselves.

That's what you call irresponsible gambling. Why would we blame other people for our mistakes? In the first place, we weren't forced to gamble; it was our own will to gamble in a casino, and we agreed to the terms. Sometimes, just knowing the terms isn't enough, being a good gambler we really have to develop a sense of responsibility within ourselves so we don't make mistakes, and worse, get addicted, which could lead to blaming others or, even worse, ruining our family.

From the beginning, we should be able to determine if we can handle the pressure, as gambling is very addictive for those who are emotionally weak.
As much as we don't like to hear that someone does that, the reality sinks in that there are gamblers who really look for someone or anything to put their blame.

There are people who can't continue without doing so and put their blame and anger on somebody because that's what they think is the right thing to do.

But as you've said, that's true this is a kind of irresponsible gambling and they have to make themselves arranged and composed and stop doing it because it's not good to see that someone's feelings is being hurt just because of unluckiness.

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August 12, 2024, 08:53:54 PM
 #91

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.
Reason why I don't think he was trying not to make the both bets the same was that his potential winning from his friend are not the same his own games  and odds was bigger than his friend and I can assume that he was only trying his best to make sure that if he wins he's own should be bigger than tho other one, that was why i said ita greed that made him lose his bet.

 
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August 12, 2024, 08:57:00 PM
 #92

Something happened earlier yesterday in my area and I would like to share it here so we can discuss about it to see if something similar to this has happened to anyone here.
Earlier yesterday a dude won 15 million naira on sport bet from a betting shop closer to my area.
How it happened was that the dudes friend gave him a betting code on sport games and the potential winning amount is 15 million naira and the dude played it according without removing or adding any other games.
But what surprised me was that the guy that predicted the game would have played the game exactly how he predicted it but he added some more games and he lost his while his friend won his own (to increase the potential winning amount).
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?

It is a very common phenomenon in sports betting. Someone may try to perfect their chance of winning by adding more games into those they are predicting. But, as you noted, this often leads to a losing streak because of the increased greed. Sometimes, simplicity in the prediction, without too many changes, is what proves to be more profitable.

In case you have ever gone through such, am sure many have, it reaches a point where you feel like yes let me give it to that friend who wins and then sees themselves win also but with a different prediction other than what they had selected. It serves as a reminder that maybe less is more some of the time and simple is better-in betting.

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August 12, 2024, 09:15:07 PM
 #93

Something happened earlier yesterday in my area and I would like to share it here so we can discuss about it to see if something similar to this has happened to anyone here.
Earlier yesterday a dude won 15 million naira on sport bet from a betting shop closer to my area.
How it happened was that the dudes friend gave him a betting code on sport games and the potential winning amount is 15 million naira and the dude played it according without removing or adding any other games.
But what surprised me was that the guy that predicted the game would have played the game exactly how he predicted it but he added some more games and he lost his while his friend won his own (to increase the potential winning amount).
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?

It is a very common phenomenon in sports betting. Someone may try to perfect their chance of winning by adding more games into those they are predicting. But, as you noted, this often leads to a losing streak because of the increased greed. Sometimes, simplicity in the prediction, without too many changes, is what proves to be more profitable.

In case you have ever gone through such, am sure many have, it reaches a point where you feel like yes let me give it to that friend who wins and then sees themselves win also but with a different prediction other than what they had selected. It serves as a reminder that maybe less is more some of the time and simple is better-in betting.
Actually there's no way that we could really be able to prove it out that we are really that making or doing it bad because on the time or moment that you do find yourself dealing up with gambling or betting
then we do know that things arent sure or something that doesnt guarantee everything in terms of results and outcomes and this is why on the moment that we are really seeing it that it would really be that there are people who would really be making out their bets whether its fixed or trying out to add more. ITs not a form of greed all the time but rather it would really be that pertaining on how someone will really be that handling out this situation or condition basing up into their interest. This is why adding up more bets or not then it would really be all depending on you.

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August 12, 2024, 09:22:14 PM
 #94

I wouldn't call this greed. Potential winnings aren't real winnings. You lose only with money out of pocket, not with profit you didn't withdraw.
You never had this money in the first place, you'll never have it from the bet you lose so no loss but no gain either.

So I wouldn't blame OP's friend for being a casual gambler and taking a large risk with a free code. To me it wouldn't matter. Because every day I lost bets that had huge multipliers. I don't care that much to be honest because I know these bets wouldn't even be placed in the first place if I couldn't max out my bet slip.

The greedy was different one,because the gamblers who play many games in the gambling site will get excited with the big money raised from the small investment in the gambling site.This will increase their wishes towards the gambling site,Now the gamblers will use all the money earned in that game to multiple again.Due to some addiction,some gamblers use the old used money and the money won from the gambling site.Mostly they will loss the full money because of overconfidence towards their guessing in the betting of gambling games.

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August 12, 2024, 09:36:28 PM
 #95

One of the consequences of greed is continuous loss in gambling because one will be busy chasing after winning and this may not be coming as expected, a greedy gambler may end up not meeting up with his targets, this is what soem other will think and take for striving, while as to some, it is not, when we are greedy, we are only in dispkay of our personal interests, this will have a great repercussion towards the way we gambles.


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August 12, 2024, 09:41:57 PM
 #96

Something happened earlier yesterday in my area and I would like to share it here so we can discuss about it to see if something similar to this has happened to anyone here.
Earlier yesterday a dude won 15 million naira on sport bet from a betting shop closer to my area.
How it happened was that the dudes friend gave him a betting code on sport games and the potential winning amount is 15 million naira and the dude played it according without removing or adding any other games.
But what surprised me was that the guy that predicted the game would have played the game exactly how he predicted it but he added some more games and he lost his while his friend won his own (to increase the potential winning amount).
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?

If he wasn’t mean to win, I guess that's not his lucky day I think. If he his good was able to compile games like that and win, he can do it again. The one he lost, if he can change it, he would go back in time to do that but never expect it and beside, we have seen gamblers edit thousand odd to their taste and were ale to win, he could have won that one too but perhaps one or two games never do well.

I have also seen a person give betting games to his friends and goons to stake and they all won but the source of the bet never won anything because there is no money to play. There are many of them that are good in game selection but their greed is the reason why they hardly win something serious. You see them with 20-40 games with small wager just because they want to win huge money, these are some of the problems.

R


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August 13, 2024, 04:25:09 AM
 #97

Victory will turn into defeat when we are greedy, many people have experienced this, even in the past we may have felt the same thing caused by this greed. However, we can be better because we learn from past mistakes that we have made, there are also people who still do the same thing until now because of their greed.
A few days ago I met an old friend of mine who had just returned from his job. Long story short, he gambled and managed to win a big win at that time. I reminded him to immediately withdraw and enjoy it, at that time he did what I said and he also gave me tips for playing. One day later he met me again, and I asked him what he used his winnings for. He replied that he had spent it again on gambling after he parted with me to go home and he continued playing at his house. That is one example of how greed can turn victory into defeat.
That is the consequences of greed. People actually know what is consequences of greed but they willing to test themselves to keep playing gambling to chase more winning. They don't realizes that if they keep playing gambling, that will not makes them win easily but they can lose their win money plus their funds. Many people already experienced that and we know about that so we must not follow what they do instead will take care of ourselves from greed.

Greed can comes any time especially when you can win big money or hit the jackpot. You want to repeat your winning so you decide to keeps playing gambling instead withdraw your money but after playing gambling for some rounds, you realizes that your luck leaves you but you already lose the win money. The situation changes and you now want to recover your lose and win again like before but that will not happen as you want because gambling will not gives the winning to you easily.

a gambler can usually control his emotions and not be greedy after experiencing some bad events as an experience that he uses as his learning.
many gamblers share stories not to be stupid when gambling greedily. but it will be difficult for gamblers to apply when they do not feel the real situation themselves.
I agree greed in gambling is a bad choice. we can win some but have to lose everything when we become greedy. all choices are in our own hands, and sometimes we forget something that gets bigger also has risks.
If a gambler can control himself when playing gambling, that will helps you to stay away from greed and other bad things. He can learn from other gambler experience who keeps playing gambling and chase their win but they lose their money. If he realizes that keep playing gambling can makes them become greed, they will not want to try because that can makes them lose for more money.

We need more things to use other gambler's story for ourselves so we don't have to get the same bad experiences like them. We can learn how to control our greed in gambling so gambling will not gives a bad effect to us. Greed can make us lose much money and even we will not realizes if we use more money to playing gambling because we get more sensation to feels the win and lose. We want to have more from that so that makes us to keeps playing gambling without thinks about stopping our gambling activity.

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August 13, 2024, 05:20:42 AM
 #98

One of the consequences of greed is continuous loss in gambling because one will be busy chasing after winning and this may not be coming as expected, a greedy gambler may end up not meeting up with his targets, this is what soem other will think and take for striving, while as to some, it is not, when we are greedy, we are only in dispkay of our personal interests, this will have a great repercussion towards the way we gambles.

Greed and the desire to quickly get the winnings literally make the gambler blind. He thinks only about the result, the result seems to be about to be reached, and this feeling does not leave the gambler. He wants to win and is ready to lend huge sums from friends and acquaintances, just to bring the cherished winnings closer to him.

But as a rule, he loses more and more.

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August 13, 2024, 11:51:00 AM
 #99


In gambling, the problem of winning is always unknown, meaning that regardless of whether your actions tend to be excessive or not, the results are always unknown about whether you will win or vice versa.
Therefore, do not focus too much on winning because it is nothing more than a chance, as you said, do not put too much hope. So of course it is better for us to focus on the possibility of what if we lose, the choice is whether you want to lose a large amount or a small amount, and of course everyone does not want to experience a large defeat.

Therefore, because of this, it is better for us to bet in small amounts, what is feared is when it turns out that luck is far from us, of course your hopes will end in significant regret as experienced by the person told by OP
It all everything depends in the control you do have because not all would really be having that kind of control and discipline because each person does have their own perceptions towards things.
Some could be able to control but majority would really be that losing their cool and becomes that impulsive. On the time that you would really be making yourself that being having no control then this is where shit things do happen. Consequences of greed isnt really just that present on gambling but also in other aspects in life as well. You would really be needing up yourself to be that mindful about the actions that you are taking. Greed is never been good but its not bad to have some targets or goals but you should really be doing it on moderation. The main issue for most people is that on the time that they are doing excessive things
then this is where things becomes that problematic.

The key on here is that you should really know on what you are really that doing. This is why it would really be best that everything should really in moderation so  that you wont really be having any problems.
Gambling for the sake of fun and never ever make yourself that projecting out on how you would really be that making money then this is where issues do really raise up. So better
play for fun and never intent on other things.

Yes and therefore to make it easier for you to control yourself I think there is no other way than trying to minimize every decision and action you want to take towards your gambling activities, such as betting with a minimum amount and also setting limits on time.
And to avoid some acts of greed I think maintaining and implementing firmness towards the defense of consciousness can be a good alternative to be used as prevention.

On the other hand as you said that greed will never be something good and it has been proven that we can see how the impact is experienced by addicted gamblers who often apply greed, in the end instead of getting a bigger win but instead ending up with a zero balance and significant regret.

Everything must be measurable, in the sense that we must know about the positive and negative impacts of every action and decision, and actually it doesn't matter if you want to apply greed as long as you know and are aware of the consequences and of course you must be able to accept the risks, don't be a loser, that's embarrassing.

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August 13, 2024, 02:22:36 PM
 #100


Yes, and of course regret is definitely at the forefront, what we have to understand is that we never know the outcome of the game we choose, and of course ending up with a small amount of winnings is much better than ending up with nothing. As I said that we never know whether our choices will be in accordance with expectations or not, meaning taking too high a risk will only lead us to significant regret especially when defeat occurs.

Therefore, this is why we always recommend treating gambling moderately, the point is not to exceed the limits of ability and this is also the reason why limiting expectations of victory must be done by gamblers, and also the fact that in most cases greed is always the trigger for significant regret.
Yes sure, that's why people most not put their trust in gambling and set a higher hope that something different is going to happen without the need for one to risk. The more someone intend to earn high the more he creates channels for more loses because as I know it's always programed for one to win less and lose much in gambling for to avoid the regret at the later ends people must bring their senses to the right reasoning. How do they reason right, is to entirely eliminate greed while gambling.

Yes so I think now we have found something that must be fixed immediately and directed on the right track, such as eliminating excessive confidence in winning, along with limiting expectations of winning and then try and get used to only gambling with small amounts or amounts that you are ready to lose. The reason is clear that winning is nothing more than a possibility because there will always be defeats that will be part of the game.
And above you have said the right thing that gamblers are created to experience more defeats than victories, and I think that is very natural when we realize that gambling is a business for bookmakers, applying caution and maintaining awareness along with always thinking with rational common sense are some of the parts that will keep us safe in the long run.

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