Accepting defeat vs lowering the risks

[Z390]

Is accepting your defeat when gambling and not learning from your mistakes means nothing? People talked about accepting your defeat and move on when you gamble and lose, but what about people who risk more than they can afford to lose? Even if they can move on I think they will probably get rekt again if they don't learn the act of lowering risks exposure.

What do you think? Is accepting defeat enough or learning to lower the risk?

[Charles-Tim]

I think you should be able to know this yourself without any question or practical. But you can do the practical. Spend more than the amount of money that you can afford to lose to gamble and see how you will feel about it. Also change from such bad way of gambling to using just 1% of your salary on gambling and see how you will feel about it. You will understand that lowering the risk is what responsible gamblers will go for.

[Frankolala]

What do you think? Is accepting defeat enough or learning to lower the risk?

Accepting defeat at the right time is what really matters, because if it's only when you have exhausted your bankroll is when you accept defeat, you are a loser. Learning how to lower your risk is the best, so that you don't experience defeat all the time. Self control and discipline is what a gambler should practice in order for him to only the amount of money that he can afford to lose, and stop the game at the right time.

[MAAManda]

What do you think? Is accepting defeat enough or learning to lower the risk?

Accepting that we lose is actually enough to set limits on ourselves, but to reduce risk, I don't think it's a good way. For example, in sportsbook betting, the favorite team will get smaller odds if it becomes a 1X2 bet. If a bettor has confidence that the favorite team will win by a large margin, he will go for handicap betting. A big win makes the bettor feel satisfied, and if the bettor chooses 1X2 betting, he may continue playing again even after his small win in 1X2.

[Peanutswar]

If you think playing gambling doesnt benefit to you at all there's no sense keep playing and trying to risk your money to the thing you even doubt and does not give a good outcome to you. Others keep playing because they want to at least cater back their losses but the result is they keep playing more which not base on their objective and others calls already that they will stop because its already over, take a move on just to make themselves take back on the track of not getting addicted on it. There's nothing wrong stopping gambling for a while because its all about on you too if you are not capable to think wise, no money at all better to stop than getting into worst case scenario of your life.

[sotelorene]

 Accepting a defeat and not learning from your mistakes are two different thing. Accepting a defeat simply means taken what has been done and knowing that you cannot do anything about it while not learning from your mistakes is repeating a particular thing that doesn't bring value and it's not longer a mistake rather it's an error and one need's to work on it.

When someone risk more than they can afford to lose, two things are involve is either they smile if it favors them or they regret and be sad if it doesn't favor them. Accepting defeat or learning to lower risk both are good if one keep on gambling and he or she is not making any progress or profit from it all they need do is accept defeat and stop gambling and again even if you lower your risk what will happen will still happen just that you won't feel it as much as you would've felt if you would have used huge amount of money to gamble, I have seen someone that haven't made any profit since he started gambling, sounds weird right but that's true.

[Kelward]

What do you think? Is accepting defeat enough or learning to lower the risk?

Who fights and runs away lives to fight another day, so there's no shame in accepting defeat when you lose in gamble, you simply exit and plan for another day. If the gambler wants to be brave and funds his gambling account to continue, there's a high chance that he'll still lose more money, so the smart thing is to exit and hope to win another day. If you gamble with the amount that you can afford to loose, that is the same thing as lowering your risk to me.  It's best to have a budget for your gambling anytime that you want to engage in it, when you exhaust the bankroll, you quit for the day.

[Davidvictorson]

What do you think? Is accepting defeat enough or learning to lower the risk?

Gambling is not a battlefield where you are defeated and you have to accept it.At least, this is how I see it , we may have different ways of looking at it which is also fine. If you bet on a game and lose or you lower your risk and still lose which is the same as the former, you must learn from the experience. Losses have better learning experiences than wins. Every loss is a lesson. A part of the less could be that instead of betting the whole amount at one game, you bet half and at another bet the other half which put you in a better more probable position to win.

[Hewlet]

Is accepting your defeat when gambling and not learning from your mistakes means nothing? People talked about accepting your defeat and move on when you gamble and lose, but what about people who risk more than they can afford to lose? Even if they can move on I think they will probably get rekt again if they don't learn the act of lowering risks exposure.

so what happens if you don't accept your defeat? the money will just come back to you or what? even if you like lower your risk or try out the most risky gambling, the moment you have lost, their is absolutely nothing you can do about it, the money is gone and totally gone for good.

gambling with what you can afford to lose is the best gambling practice that exposes you to a very minimal risk. there might be moment when over excitement or some form of assuredness might make us gamble above what we can afford to lose and at that moment, regret and a sense of defeat will becloud our mind but it still doesn't bring back what we have lost. its mostly addict that don't learn from their reckless gambling. responsible gamblers knows that if you have done it once means that you can still do it again and the best way of avoiding such complication is to stay disciplined not to gamble with an amount that will cause you too much risk.

[Akbarkoe]

Honestly, I don't really understand what you mean, because what should happen when someone is able to accept their defeat, it means that the person has learned and understood the mistakes they have made. Because it needs to be understood that someone cannot accept their defeat without knowing their mistakes.

And in the context of gambling, being able to accept defeat is not easy. Most people prefer to continue gambling as long as the balance is still there, because they feel they can turn things around, especially if they are not aware of their mistakes or behave carelessly. And this can happen because usually in a situation like this, someone prioritizes emotions over logic, so accepting defeat is not only about understanding mistakes, but also requires strong self-control and being aware of a limit.

[Shishir99]

Is accepting your defeat when gambling and not learning from your mistakes means nothing? People talked about accepting your defeat and move on when you gamble and lose, but what about people who risk more than they can afford to lose? Even if they can move on I think they will probably get rekt again if they don't learn the act of lowering risks exposure.

Unfortunately, in most cases, players do not want to accept the loss. That is why we see people make deposits one after another. They think they were unlucky when they lose at first and they think they will recover it with their next deposit. This is the reason they end up getting broke. That is what gambling-addicted people do. But people who have experience and know a little more about gambling, know that they cannot beat the house edge. So, it is always a better option to accept the defeat and take a break before you get ready for another round.  

[ethereumhunter]

Accepting your defeat and learning from your mistakes means you can be wise treating gambling and realize that gambling can gives you losses even will be more losses if you keep playing gambling without stop. People must accept their losses and no need to think about recovering their losses because that can increase their losses and cause their money is gone all. If they can afford more than they can, that will be up to them and that is a choice that they should accept if they losses all of their money.

We don't have to do anything or follow what they do because we are different than them. We don't want to spend more money just to playing gambling especially if we only use gambling for have fun. Accepting the losses and learning from your mistakes is necessary so that can also teach your minds that anything can happen while you playing gambling.

[EarnOnVictor]

What do you think? Is accepting defeat enough or learning to lower the risk?

It depends on what you mean by accepting a defeat. Some people may accept the defeat and quit gambling entirely regardless of whether it was a big wagering or not, to them, they won't come near gambling again, so it means nothing if they do not learn from it for it pertains to gambling, they don't care. But to those who are active gamblers, accepting a defeat and not learning from it is utter foolishness, if care is not taken, worse than that will happen again. We learn every day and it should especially be in failures.

[Cryptmuster]

Is accepting your defeat when gambling and not learning from your mistakes means nothing? People talked about accepting your defeat and move on when you gamble and lose, but what about people who risk more than they can afford to lose? Even if they can move on I think they will probably get rekt again if they don't learn the act of lowering risks exposure.

What do you think? Is accepting defeat enough or learning to lower the risk?

If people risk more than they can afford, then this is a more serious problem that will only lead to disappointment from gambling in the future. Even if they are lucky at first, then later they will get a defeat that will lead to big losses and disappointment, and then they will either accept it and move on with the right conclusions, or they will want to win back and get even bigger losses.

The path in gambling should begin with an assessment of the risks and consequences of big bets, if this is the case, then everything will be fine.

[Mpamaegbu]

What do you think? Is accepting defeat enough or learning to lower the risk?

Quitters don't win, and those who win don't quit. It's good to acknowledge one's defeat but what's not and shouldn't be accepted is allowing the defeat discourage one. Learn from one's defeat and then adjust one's strategy, that's how it should be; except when one doesn't think there's a headway in what one is doing. I like Money Management strategy in all I do. I don't like exposing myself financially in whatever investment I go into and that principle cuts across anything I do. It should be so too with gambling. We should lower our risk level and gamble reasonably. That way, we won't have many quitters.

[satscraper]

Is accepting your defeat when gambling and not learning from your mistakes means nothing? People talked about accepting your defeat and move on when you gamble and lose, but what about people who risk more than they can afford to lose? Even if they can move on I think they will probably get rekt again if they don't learn the act of lowering risks exposure.

What do you think? Is accepting defeat enough or learning to lower the risk?

Not sure about others but I commonly take some break  ^{the lasting time depends on the  money lost} after such defeat, the aim being to recover my mental tone and to top up  my accounts  with money ^{affordable to be lost again}  . Jumping  in gambling immediately after defeat  to get back what you lost  would be injudicious action from my part.

[$crypto$]

Accepting defeat in gambling is quite natural because there is a saying ‘Gamble who is ready to lose’ there you already have a sense of responsibility so even losing you have to accept because this is a gambling game that will definitely lose a lot.

Reducing risk is of course what we discipline now, how to manage the right bankroll and that's enough, don't overdo it because it won't reduce risk, but I'm sure every gambler has their own risk reduction and how to prevent it.

[Ultegra134]

Honestly, I don't really understand what you mean, because what should happen when someone is able to accept their defeat, it means that the person has learned and understood the mistakes they have made. Because it needs to be understood that someone cannot accept their defeat without knowing their mistakes.

And in the context of gambling, being able to accept defeat is not easy. Most people prefer to continue gambling as long as the balance is still there, because they feel they can turn things around, especially if they are not aware of their mistakes or behave carelessly. And this can happen because usually in a situation like this, someone prioritizes emotions over logic, so accepting defeat is not only about understanding mistakes, but also requires strong self-control and being aware of a limit.

And I thought I was the only one not grasping what the OP stated. I'm guessing that the OP is focusing on those who gamble large amounts of money and are considered high risk, are losing but won't accept lowering the associated risk. Apart from that, accepting defeat is part of the process of coping with losses. Sometimes it's better to give up and try again later, than attempting to recoup your losses. It's important to acknowledge our mistakes, so we won't repeat them, these include budgeting issues (betting more than we can afford to lose), becoming emotional after a few losses, going overboard are some of the most frequent ones.

[stomachgrowls]

Is accepting your defeat when gambling and not learning from your mistakes means nothing? People talked about accepting your defeat and move on when you gamble and lose, but what about people who risk more than they can afford to lose? Even if they can move on I think they will probably get rekt again if they don't learn the act of lowering risks exposure.

What do you think? Is accepting defeat enough or learning to lower the risk?

You should do both!

On the moment that you are losing up in gambling then accepting defeat would be enough but completely stopping will really be that basing up in accordance into your choice.
If you do accept your fate about having no luck on playing gambling then you would really be just that simply stop and wont really be having any plans on playing even more,
if you do able to accept that defeat but later on you will really be trying out on lowering up the risks on which this is where other gamblers will really be that doing. There are indeed times
that we do become that being impulsive at the time that we are losing that much and thats why we do lose up our cool and make up some stupid decisions.

As for lowering the risks then there's no issue on this one as long you are really that making use of the money that you are really that using then there's no way that you couldnt really be
able to make yourself that realize on how things do works and on how you would be acting out accordingly. Only spend on the amount on which you can afford to lose and so that you wont
be ending up on having those impulsive spending money on which it could cause up to make that huge impact into your financial aspect.

[Spaceman1000$]

Is accepting your defeat when gambling and not learning from your mistakes means nothing? People talked about accepting your defeat and move on when you gamble and lose, but what about people who risk more than they can afford to lose? Even if they can move on I think they will probably get rekt again if they don't learn the act of lowering risks exposure.

What do you think? Is accepting defeat enough or learning to lower the risk?

That is why the caution has always been that, you should only risk what you can afford to lose and not go overboard, you don't throw caution to the wing's as a gambling, nature has a way of normalizing things, if they don't learn the act of minimizing their risk, they will naturally expose themselves to risk and at the end of the day, nature will place them where they are supposed to be, either they will have less money to gambling or Start gambling what they can afford to lose.