Can you still consider yourself a smart bettor even when losing?

[Maslate]

Let's face reality.. most gamblers lose money in the long run. But does that automatically mean we're not smart bettors?

I want to ask:
Do you define a smart bettor as someone who:

1- Minimizes their losses effectively, or
2-Simply stays within their predetermined loss limits?

Explain based on your understanding and experience. We're focusing on losses here, but if you want to share insights from your winning strategies (if you're profitable), that would be even more interesting to discuss.

[Ruttoshi]

Let's face reality.. most gamblers lose money in the long run. But does that automatically mean we're not smart bettors?

I want to ask:
Do you define a smart bettor as someone who:

1- Minimizes their losses effectively, or
2-Simply stays within their predetermined loss limits?

Both of them is qualified to be an attribute of a smart bettor, because if you always minimize your losses, you wouldn't go beyond your limit. I have a fixed amount which I budget for my weekly gambling, and I also set time limit for my gambling activities. This enables me to stop at a particular time irrespective of whether I am losing or winning.

Some gamblers after losing their first three consecutive games, they stop gambling because they believe that it is a bad day for them to gamble. I gamble once in a week nowadays, because I am too busy with work.

[Botnake]

This is a tough question to answer honestly. I agree that most of us end up losing in the long run, so even if I can manage my losses well, I don’t think I can call myself a smart bettor.

I’d rather label myself as a disciplined bettor instead, because 'smart' feels like too strong of a word.
It implies consistent positive results, but in reality, my overall profit/loss ratio is still negative.

[Oshosondy]

Those that are gambling responsibly are smart in betting and they can be regarded as smart bettors. Gambling is not about winning because almost all gamblers are losing. Those that are able to spend little amount of money and in a way gambling is not affecting them health wise, financially, physically, spiritually and mentally are smart bettors.

[arwin100]

Let's face reality.. most gamblers lose money in the long run. But does that automatically mean we're not smart bettors?

I want to ask:
Do you define a smart bettor as someone who:

1- Minimizes their losses effectively, or
2-Simply stays within their predetermined loss limits?

Explain based on your understanding and experience. We're focusing on losses here, but if you want to share insights from your winning strategies (if you're profitable), that would be even more interesting to discuss.

Option 1 and 2 is actually good factor to know that you are doing good with you gambling actions or decisions because not everyone consider that thing before they gamble.

But for me as long as I didn't experience addiction and still fine financially with no heavy damage created by participating activity then could able to say that I still gamble in smart way.

I only think that we are doing dumb things especially if we are starting to do things that we can't imagine like stealing or other things since this would cause us lots of issue which provably give us long term problems.

[Perfectbaby]

Gambling is not meant to gamble regularly because we keep losing for long but when you gamble occasionally then your loses are also limited, there are nothing t prove over here that one must keep gambling for long and, it is also important to gamble for just few moments and not taking it as work and occupation. It is advisable to gamble and set limits instead of keep gambling while there are no profits coming and yet still keep gambling, this bring no results than turning the other way round as revenge gambling where chasing what they had already lose. A smart bettor is someone who bet with small amount, also someone who knows when to stop and when to gamble with just an amount that are easily to lose without attaching so much value to that particular funds.

[Kristiyana]

Do you define a smart bettor as someone who:

1- Minimizes their losses effectively, or
2-Simply stays within their predetermined loss limits?

Well if you define a Smart bettor as someone who Minimizes his losses effectively, or someone who stays within thier predetermined loss limit As you said. I want to tell you that the both definition is very correct, but I think the 1st definition seems genuine than that of 2nd definition because is very hard for someone to actually stick to the decision of staying within your predetermined loss limit, probably when you most have gotten to that limit you Wish to stop. you know sometimes is always very difficult for one to Stick to such decision, that's for most gamblers.

[bittraffic]

I saw someone  is a sports fanatic but he just doesn't bet on all the matches, he just chooses a few matches to bet on. He chose those matches where he is almost sure to win.

Maybe they see some angle on teams why they chose to just watch. Most of the time we bet because although we are not sure of the analysis, we watch the game and its just more fun to watch a game when there is risk.

[Jaycoinz]

Let's face reality.. most gamblers lose money in the long run. But does that automatically mean we're not smart bettors?

I want to ask:
Do you define a smart bettor as someone who:

1- Minimizes their losses effectively, or
2-Simply stays within their predetermined loss limits?

Explain based on your understanding and experience. We're focusing on losses here, but if you want to share insights from your winning strategies (if you're profitable), that would be even more interesting to discuss.

Losing is a must when it comes to gambling so I won't actually classify it as not being smart since you don't get to win infact being smart as a gambler is probably what you just listed which is always checking your gambling rates not to go above what you can afford and obviously don't gamble until you get affected by so maybe probably using the little 10% of your income or if possible 5% so you stay in check and maybe you get to be lucky one day and win because no matter bad you are in prediction you will get atleast one or two winning bets but literally it's not compulsory as you just get to do it for the fun aspect of it.

[TravelMug]

1- Minimizes their losses effectively, or
2-Simply stays within their predetermined loss limits?

Explain based on your understanding and experience. We're focusing on losses here, but if you want to share insights from your winning strategies (if you're profitable), that would be even more interesting to discuss.

For me you can't separate this two, and it boils down to one simple strategy if we can call it that way, that is self-control. It's what define a smart bettors as you know your limits and won't go any further if you think that you are going to lose in the end.

So there's no winning strategies I guess, still boils down on how you will not emotionally involved so that you will have control of your gambling activities, otherwise you are going to be another statistics of becoming a gambling addict.

[Finestream]

Winning is the only true definition of smart gambling. Those who lose within their limits or minimize losses are simply responsible gamblers - and I'm proud to be one of them.

It wasn't an easy journey. When I was new to gambling, I struggled with addiction too. Fortunately, it wasn't severe, and I learned from my mistakes. Now I can say with confidence that I've become a responsible gambler as I can enjoy the activity while fully accepting that I'll lose money in the long run.

[Olatundespo]

Literally gamblers are never perfect they are mostly not smart. I would probably consider most as 100% because most lose. This is purely my own opinion although there may be some who disagree with me. I make sure of my limitations and allocation before starting long term gambling. I consider gambling any day of the week for long term and this method is useful for increasing my focus.

Where losing in gambling is mandatory I can accept both the recommendations you gave to be smart. Effectively reduce losses through limited allocation and I gamble once a week. Sometimes I am tempted to play more than once due to the persuasion of friends but I am not ready to lose beyond the weekly allocation. Meeting the daily needs of the family is considered a high priority for me.

[Tmoonz]

Those that are gambling responsibly are smart in betting and they can be regarded as smart bettors. Gambling is not about winning because almost all gamblers are losing. Those that are able to spend little amount of money and in a way gambling is not affecting them health wise, financially, physically, spiritually and mentally are smart bettors.

Honestly you have hit the nail on the head even though there may contrary view of what others may think of a smart bettor but as for I completely agreed with you 100 percent, there is no smartness without prioritizing your peace of mind since Lossing it will definitely influence one entire life negatively, we are smart to know and understand whenever we are  stepping out of our boundaries, I love my sanity and of course everyone does too, balancing our expectations towards accepting we could either lose or win and non should make us make an impulsive decision that will end up affecting us negatively.

[YOSHIE]

Can you still consider yourself a smart bettor even when losing?

What can be done in gambling, if someone has knowledge after they are high school they can apply that knowledge in the real world can be mentioned smart to develop knowledge and results.

Not with the gambling industry, I assume gambling and games, there is no intelligence there, but luck, no matter how great we have a gambling strategy of defeat, for that gambling games cannot be developed We, because gambling games are not real games from ourselves who have talent, but other people join our betting competition, for that for me there is no intelligence in gambling.

[danherbias07]

It depends. If it's luck-based or algorithm-based games like slots and other casino games and we are losing too much, I don't think it's smart to continue if we are losing way too much money. Let's just move on and accept the reality that it's difficult to win against the house.

Now, if it's sports betting, I think there's always the chance to win, but we cannot rush it. I've been in a position before where I am losing my bets in the FIBA league, but I still found myself almost getting back all my losses before the league ended. So, I think I made a good decision to continue betting there. We are not smart if we let our emotions have control because we won't make the right decisions. Taking some rest to clear the mind should also be considered.

[Sanitough]

Being smart isn't just about winning. It wouldn't be fair to say that millions of losing gamblers aren't smart as they might get angry at that!

But in reality, since gambling is primarily entertainment, and we typically pay for entertainment, then as long as we stay within that mindset and genuinely enjoy spending money on it, I believe we can still consider ourselves smart.

It really depends on each person's purpose. If your goal was to have fun and you achieved that, then you're smart. But if your goal was to win and you failed, then maybe you don't call yourself smart.

[rachael9385]

Let's face reality.. most gamblers lose money in the long run. But does that automatically mean we're not smart bettors?

I want to ask:
Do you define a smart bettor as someone who:

1- Minimizes their losses effectively, or
2-Simply stays within their predetermined loss limits?

Explain based on your understanding and experience. We're focusing on losses here, but if you want to share insights from your winning strategies (if you're profitable), that would be even more interesting to discuss.

Losing in gambling doesn't mean that you are not smart about it. One thing I have learnt over the years of gambling is that you can't outsmart the bookmakers or casino, there are no strategies you can use constantly that would guarantee Profit. The only thing you can do to stay safe is to ensure that you manage your losses effectively by staking low. There's nothing about betting that's sure, you can lose at any time.

[|MINER|]

1- Minimizes their losses effectively, or
2-Simply stays within their predetermined loss limits?

Explain based on your understanding and experience. We're focusing on losses here, but if you want to share insights from your winning strategies (if you're profitable), that would be even more interesting to discuss.

There is no winning strategies here all I know here we can just put our losses in our control if we just have the predetermined loss limits and as well also the predetermined win limit. Because both are the part if we want to control our losses some time we don't set any winning limit and just wager and wager on by the emotions and when we losing by wagering we start loss chasing and which bring us to zero.

So from my little experience I think simply stay within predetermined loss limit and the win limit is the best strategy for being a smart bettor or you can say a responsible bettor.

[DaNNy001]

Losing doesn't change the fact that you are not a smart bettor but you can't be smart enough to always win.. losing is part of the game and I don't think there's anyone that claims not to lose in gambling, no matter how much of an expert you are losses are inveitable..One way to actually know if you are a smart bettor is what comes into your bet account and what you win at the end of every month, if your bet log shows that you have made Moore profit than losses at the end of the month then you are indeed a smart bettor..

[Berry2d]

Smartness in gambling is never justified based on losing or winning but with your gambling strategy and management. A gambler can be winning constantly but not recognized as a smart person due the types of decisions he takes while gambling just because that decision destroyed his long time winning runs while another gambler can be losing constantly but takes an excellent decision that can uplift him to the highest level.
A gambler can be considered smart if he or she can take some life changing decisions that can yield an excellent results at last.