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Author Topic: Smart or greedy gamblers  (Read 871 times)
cryptomaniac_xxx
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March 07, 2025, 10:54:36 AM
 #121

Regardless of what specific angle it is, gamblers in general are all greedy. The fact that you came here to bet because you want to make more money, double or triple your betting capital, that’s already sign of greediness irrespective if the outcome turns out winning or losing. Being smart just develops in the process, especially if you know already how to handle gambling risks well, or being an experienced gambler makes you smarter in the process.
Almost all gamblers are indeed a bit greedy; some just turn out to be more greedy than the others and take more risk than the other gamblers since they are more determined to double their staked money. Some gamblers approach it with less risk, using little money to bet, and can easily cash out when they see good opportunities to do that.
Being greedy is the reality of gambling. We risk money for a better outcome which isn't known. We'll know the result only after sometime, and the outcome can be a win or else it'll be a loss. No one bet with the mind to loss, which means everyone is greedy as said by the above member. The difference is how much they expect out of a bet shows the level of greediness. In my view placing a $100 bet and expecting $20 is fair, but $100 and expecting $1000 is greed. It is possible, but the risk is really bigger than what we experience with the $100 bet for $20 win.

Yes, it's part of us humans that we feel greedy in gambling because it's the unknown and we don't know the result. So what if it is favorable to us? So maybe we should have bet more right? So it's obvious that we want to win more in gambler and that also give us a different feeling, makes us happy.

So it's going to be a very hard to decision for others, and most of the time we regret our decision. And there are moments that we feel very lucky and then we go and gamble and maybe we are right. It could be that other gamblers are not that greedy, but I guess we can say that it's about normal emotions for us.

 
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Oluwa-btc
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March 07, 2025, 11:35:05 AM
 #122

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

From my own angle I must say that every gambler possess either of these qualities of been greedy and playing so smart.Some Gamblers are extremely attentive persons;there're smart gamblers and greedy gamblers and they have different approaches to gaming circumstances.A smart gambler is adaptive to gaming changes as they're good strategic thinkers likewise greedy gamblers on the same track.At the end of the day,gamblers are always gamblers.😁

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March 07, 2025, 11:46:36 AM
 #123

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

From my own angle I must say that every gambler possess either of these qualities of been greedy and playing so smart.Some Gamblers are extremely attentive persons;there're smart gamblers and greedy gamblers and they have different approaches to gaming circumstances.A smart gambler is adaptive to gaming changes as they're good strategic thinkers likewise greedy gamblers on the same track.At the end of the day,gamblers are always gamblers.😁

The problem, I think, is that we tend to value people depending on what they have achieved, instead of what they did to achieve it. And, therefore, we attribute to them qualities that in reality depended purely on chance. This is not different from what we do with many successful traders or businessmen, for example, who made the right decision, and they are known as visionaries because of that. But cemeteries are full of visionaries that no one talks about.

So, if the label of intelligent or greedy depends solely on chance, then the valuation must necessarily be defective.

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March 07, 2025, 11:49:19 AM
 #124

Regardless of what specific angle it is, gamblers in general are all greedy. The fact that you came here to bet because you want to make more money, double or triple your betting capital, that’s already sign of greediness irrespective if the outcome turns out winning or losing.
I totally disagree with you on what you just said above, because it's not all gamblers who are greedy in the first place, but most just come to try their luck with an amount of money they can always afford to lose. And that is never a sign of greediness. Because according to Oxford online dictionary, we were meant to understand that "Greed simply means an intense and selfish desire for something, especially wealth, power, or food. It often involves wanting more than is needed or fair", and as such, it clearly indicate that as long as you are still gambling without a selfish desire of wanting to win more, but gambling what you can always afford to lose. You are not a greedy person, but rather a responsible gambler.

 
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March 07, 2025, 11:55:28 AM
 #125

I think that there are no non-greedy players. Absolutely any gambler will be happy with a win, no matter how much he claimed before that he absolutely does not care about money. Our life is endless expenses and if someone gets a lot of money it always means that he can feel calmer. And this applies to absolutely any person.
Therefore, self-control is needed in gambling. Every player is greedy, but someone is very greedy and someone knows how to be calculating and calm.

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March 07, 2025, 12:06:44 PM
 #126

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

Obviously humans are judgemental beings, it is very difficult to completely please everyone, that is Why most times we have to keep our options to ourselves, we can not fight this human behavior or attribute but to accept it as long as we don't allow it determines who we are and who are to become, honestly I feel the same sentiment with you on this regards even though am also responsible for this same human behavior, at one point or the other we tend to show smartness and being greedy at the same time and this is a fact that we can not deny as well.

 
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March 07, 2025, 12:22:14 PM
 #127

I think that there are no non-greedy players. Absolutely any gambler will be happy with a win, no matter how much he claimed before that he absolutely does not care about money. Our life is endless expenses and if someone gets a lot of money it always means that he can feel calmer. And this applies to absolutely any person.
Therefore, self-control is needed in gambling. Every player is greedy, but someone is very greedy and someone knows how to be calculating and calm.
The level of greed of each person will be different and this will certainly affect how their attitude to stay calm and satisfied with their victory.
Those who are too greedy and even use their winnings to bet back, argue that it will result in bigger profits because of the first win, but this will be the end and all those profits will also be taken again by the casino.

It's actually about how one can control themselves, winning does make anyone happy,
but winning without being balanced with self-awareness and full control will only be a bad start.

Smart gamblers who have good self-control will be wise in using their initial winnings in gambling, which will be an advantage and capital to build a brand portfolio in gambling.But those who are just greedy without having any knowledge will only end up miserable.

 
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March 07, 2025, 12:28:01 PM
 #128

I'm not that much a fan of cashing out because I've seen an amount bigger than my stakes. It doesn't make much sense to me while I still have other games running. The only exception to this of course is that my cashout option is up to 80% of my pot. winnings or more, then I can convince myself that even if the game finally wins, I am loosing only 1/5 of the total price. I've cashed out many times and the games converted, I don't think I'm cut out for that regrets anymore.

Losing the money at the end isn't challenging at all to me since I gamble already with an amount I can afford to loose. We are gamblers and we entertain losses, but to me it is more painful you lost a good hit because you ended up cashing out too early.

 
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March 07, 2025, 12:30:46 PM
 #129


Obviously humans are judgemental beings, it is very difficult to completely please everyone, that is Why most times we have to keep our options to ourselves, we can not fight this human behavior or attribute but to accept it as long as we don't allow it determines who we are and who are to become, honestly I feel the same sentiment with you on this regards even though am also responsible for this same human behavior, at one point or the other we tend to show smartness and being greedy at the same time and this is a fact that we can not deny as well.

Gambling is also a game, only a game for money, greed can be that I do not want to lose my money, and many players do not even get to the point of taking their winnings, because they play at a loss. If we talk about a smart approach to gambling, then in my opinion the smartest thing would be not to start playing them, and if you started, then play only with the money that you can afford to lose and not regret losing.

R


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March 07, 2025, 12:51:22 PM
 #130

Its part of playing gambling until where you can hold your luck and manage the risk gambling considered a chance of winning and people would like to grab the opportunity to make an easy money but of course its different story if you now experience the first hand wins. Others will do a cashout to secure their gains. Others will do another game to test out until where it can bring the game. So its the players tolerance. You played already the game and make a risk so why not overcome but be practical is this the last game you will play or at least enjoy the wins.

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March 07, 2025, 01:15:14 PM
 #131

Therefore, self-control is needed in gambling. Every player is greedy, but someone is very greedy and someone knows how to be calculating and calm.
You are right, gamblers need self discipline to overcome greed because there's no body that doesn't have character of greed but the ability to control it is not possessed by all. While staking on a game, a gambler must have decided what to do and should stick to plans. If they want to accept cash out, it should be a decision from the beginning and if they want to wait till the end of the game, they must have also make such decision from the start.

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March 07, 2025, 09:27:35 PM
 #132

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

In my opinion, cashing out or not on sports betting is not about greed but more about the preferences of each bettor, there are bettors who prefer small profits but there are those who feel that if they have chosen to do multibet then they must do it until the end even though there is a chance of losing the profit that is already visible, or it could be because the bettor is quite confident with the remaining bets.
Greed is when you are in a winning condition and continue playing because you think you will get more profit, meaning you can't control yourself.

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March 07, 2025, 11:28:07 PM
 #133


I have always said it, on the internet it is always easy to show ourselves as winners rather than losers, and that is what most of people to do feed their ego.

It is very true, things are like this to attract and make many people bet, something similar also happens when it happens in trading, in trading things are often Shown that way. Gambling and trading on the internet will always be one of the things that will have the most marketing and most of it is misleading, but that is what attracts others.

I do not like this type of advertising because obviously many will be deceived, and the worst thing is that they will lose money.


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March 07, 2025, 11:32:44 PM
 #134

Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up.
Unlike you I would apply the terms differently.
While I might consider the guy that cashed out on his/her bet to be smart, I would see the person that did see it through to be some die hard gambler. It’s what I expect of most gamblers anyway. The functions are there, cash out, insurance and whatever there might be to mitigate against them losses.
Having to cash out just before it becomes a lost bet is smart move but, doesn’t make you hardcore. Staying to see it through does because, you’ve just got to go with your prediction.

R


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March 07, 2025, 11:59:20 PM
 #135

From my own angle I must say that every gambler possess either of these qualities of been greedy and playing so smart.Some Gamblers are extremely attentive persons;there're smart gamblers and greedy gamblers and they have different approaches to gaming circumstances.A smart gambler is adaptive to gaming changes as they're good strategic thinkers likewise greedy gamblers on the same track.At the end of the day,gamblers are always gamblers.😁
Gamblers are always gamblers but almost all gamblers have that greedy part in them even the smart gamblers use their smartness think and logic to gamble but they still add small of that greed which every gambler have in them in their game, they just follow it differently and know when to reduce the greed and adopt to the change which the exact game offers that’s what makes them different they can take advantage of opportunity.

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March 08, 2025, 12:26:04 AM
 #136

Gamblers are always gamblers but almost all gamblers have that greedy part in them even the smart gamblers use their smartness think and logic to gamble but they still add small of that greed which every gambler have in them in their game, they just follow it differently and know when to reduce the greed and adopt to the change which the exact game offers that’s what makes them different they can take advantage of opportunity.

Opportunities are much less in gambling in terms of making money. There are multiple other chance of shaping gaming habits, and minimizing risks under our control, like avoiding greed.

It could be moderated for the benefit of the player, which helps in various aspects of life, a great characteristics of a gambler that's yet untapped by many.

All eyes is on money, and everyone still gets the notion of gambling so wrong. As for the smart players, they keep their strategies to themselves, nobody shares a complete perspective of theirs to the world.

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March 08, 2025, 02:01:38 AM
 #137

Opportunities are much less in gambling in terms of making money. There are multiple other chance of shaping gaming habits, and minimizing risks under our control, like avoiding greed.

It could be moderated for the benefit of the player, which helps in various aspects of life, a great characteristics of a gambler that's yet untapped by many.

All eyes is on money, and everyone still gets the notion of gambling so wrong. As for the smart players, they keep their strategies to themselves, nobody shares a complete perspective of theirs to the world.
That will not change and everyone who's got into the wrong idea of gambling will definitely stay for a while. Those smart gamblers have become once a greedy gambler and that's why they soon learn it at the end of their mistakes. And as soon as they realize that there is a need for them to make changes for themselves, that's how they are turning from being greedy into smart ones. It's not an easy thing for them to change but for their own good, they have to do it all for once.


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March 08, 2025, 02:20:57 AM
 #138

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

It is pretty funny how your odds end up measuring you up in the eyes of others. No gambling is "smart" there is always a risk to lose everything. If anything gambling is a really dumb thing to do for the most part. People lose all their money, and they spend their whole paycheck to "get back in the game" and they lose that too. Sure, maybe they win from time to time but for the most part gambling is probably the worst past time & the most foolish way to spend one's money. Like I said in a previous thread, you're better off just investing that which you were to gamble in a shit coin, you might have better luck ahhahha
I agree with that. But there are other ways that we could use gambling for good. Sports for example. When you have been following a sport since you were a kid, there will be a time that you will get bored with it. I did. But after I bumped into sports betting, everything was spiced up again. I get to check the rosters, updates, and injuries, and watch the game more because my money is also at risk while watching the game. Then, I get to cheer better for my favorite team because my money is also on the line. There were times before when I watched a whole game without any emotion anymore but thanks to sports betting it became lively again.

I do agree that it is a bad way to spend money but if it could fill the joy that you want for the weekend, it might help.

Yes I suppose that is one way to look at it and a great example of a way to use gambling as an instrument to try to add a little kick to your weekend enjoyment and sports game outing festivities. If you're invested in gambling or a parlay or some other kind of sports bet you literally will watch every waking second of that because the suspense is so hard to endure and to wait it out is such a grueling process but it can also be extremely fun if the odds are in your favor.

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March 08, 2025, 02:33:10 AM
 #139

From my own angle I must say that every gambler possess either of these qualities of been greedy and playing so smart.Some Gamblers are extremely attentive persons;there're smart gamblers and greedy gamblers and they have different approaches to gaming circumstances.A smart gambler is adaptive to gaming changes as they're good strategic thinkers likewise greedy gamblers on the same track.At the end of the day,gamblers are always gamblers.😁
Gamblers are always gamblers but almost all gamblers have that greedy part in them even the smart gamblers use their smartness think and logic to gamble but they still add small of that greed which every gambler have in them in their game, they just follow it differently and know when to reduce the greed and adopt to the change which the exact game offers that’s what makes them different they can take advantage of opportunity.
Gamblers are always gamblers but we know that some gamblers can hold their greediness not become big. They know how to control their greediness and use their smartness to prevent the big lose. They can think much about what will happen to them if they follow their greed in gambling so they will hold them back from gambling and leave gambling if the situation is not good for them. They will not force themselves to spend more money because they know that the risk of losing the money will be big. They will not chase the win after lose some money and think that it is better to stop gambling and leave the casino.

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March 08, 2025, 06:25:38 AM
 #140

Just as the topic says, there are times where we tend to make wrong judgment in gambling  based on the outcome of the game. Take for instance, if a gambler has the opportunity to cash out from his bet which is eventually higher than his staked amount and he refuses to cash out, if the game  end up in loss and he tells the story, its very easy to term him a greedy gambler. But if another gambler is presented with thesame opportunity and decides to hold on until the game end and he eventually wins the game, we tend to see such person as smart to not give up. Lol it funny how we make judgment. This is also how we think of addicted gambler who is lucky to win some huge amout as strategic gambler meanwhile another gambler who is not lucky enough to experience a good win we term them as addicted gamblers.

From my own angle I must say that every gambler possess either of these qualities of been greedy and playing so smart.Some Gamblers are extremely attentive persons;there're smart gamblers and greedy gamblers and they have different approaches to gaming circumstances.A smart gambler is adaptive to gaming changes as they're good strategic thinkers likewise greedy gamblers on the same track.At the end of the day,gamblers are always gamblers.😁
Gamblers enjoy a joyful moment in gambling, they want to master gambling in such a way that whether it is greed or smart, there are all aspects, they mix gambling with their life. I think gamblers create traps with their intelligence in the game of gambling which attracts other new gamblers. Although most gamblers lose their money in gambling, they continue to play intelligently. I have seen many become financially destitute due to this but they continue to gamble even after that.

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