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

[Su-asa]

IMO, winning is Smart and Sweet but the most smart moves to make when you gamble is through responsible gambling. Actually even though you are not winning the way you lose (losing 90% of 100% then winning 10% of 100%) but you are gambling responsibly and not seeing yourself becoming addicted to gamble even future, you are absolutely a smart bettor.

[Pandu Geddon]

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

Smart gamblers will minimize their losses effectively. While gamblers who can stick to their predetermined loss limits can become disciplined gamblers.
I may not be a smart gambler yet, but now I can keep myself to keep betting with discipline based on the limits I set myself. Staying within the loss limits of your ability, actually helps us not to lose more. I will not count bets in the long run, all gamblers may become frustrated.

[Cryptomultiplier]

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.

A smart bettor for me would qualify as someone who knows when to stop betting, when to cash out, when to use more funds or lesser funds to bet and when to call it quits for the day or find some fun with other gambling games.

To me, greed is a major factor that should be easy to notice for a smart gambler and how to avoid its pitfalls and navigate the emotional stress of gambling all contribute to why someone should be called or known as a smart bettor/gambler.

[kotajikikox]

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?

I might be understanding this wrong but doesn't minimizing your losses also mean staying within your loss limits? If you were not able to stay within your limits then it means you were not able to control your losses. So I do not understand this question as to me both options just mean the same.

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.

To me a smart bettor will be someone who can turn things around but we know that this is not always possible so the best thing we can hope for is to at least not let out losses grow more than what we can afford.

[Z_MBFM]

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.

It is not the girl's business whether she wins or loses in a bet, but if you start thinking yourself smart by gambling, then it will not be a good idea. Gambling is just fun, there is no reason to think yourself smart here. Here you cannot guarantee to win by using any kind of strategy. Because here everything will depend on your luck, so why can you think yourself smart through your gambling activity. As long as you gamble, just enjoy it as a fun time and then forget about these things and spend time on your important work.

[Gozie51]

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.

IMO the two options you gave does not cover who a smart bettor is. To always stay within the limit of loses isn't that smart in my view because you are always going to have almost same loses and winning like you are a salary earner that expects a particular money at the end of the month or at the end of work, and would calculate how much transport, how much foodstuffs, rent etc on the salary and how much balance would be left. That means no risk involved and betting or gambling is about risk taking even though we preach reasonable risk but you don't have to keep repeating same kind of risk all the time.

So I consider a smart bettor to be someone who tries new risk an opportunity when they are identified apart from the risk that they are use to. For example, you see a bigger odd put on a football team whose stats is very good more than the favorite team or odd that is the same with the favourite team, why not take the risk of increasing your staking amount to try your luck. Like favourite team having 2:13 odd while underdog having 6:12 odd but with very good stats against the favourite team. I have played such bet and have been lucky at times.

[Slow death]

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

Both options are good, but I want to add something that I consider very important:

For me, smart betting means being able to deposit money in the casino or betting house and being able to play for a long time without making new deposits.

For example, if a person has $100 to play for 30 days, if that person can always play with the $100 for 30 days without making new deposits, then that person is a smart bettor. and if this person also gets some wins that allow him to play for another 30 days without making new deposits, then he is on the right track. This means that when this person plays he has some good wins

[Akbarkoe]

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.

Okay so this is subjective because basically there is no specific criteria in saying a smart bettor in this world, one thing that can be said for the truth is never losing or only experiencing a little defeat, but we have to be honest that defeat is a certainty in this world especially for a bettor, so that definition is wrong.

These two points can be included in the criteria for a smart bettor, because the point in betting is to manage finances well so as not to spend excessive money regarding the results of the bet, losing or winning is a core in the context, would you say that bettor A is smart because he can manage his betting budget very well or do you see bettor B who is called smart because his bets are rarely wrong, and this will be two conclusions, there are bettors who are smart in managing their money and there are bettors who are smart in making their bets.

[Powerjumboo]

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.

We call a smart gambler a person who can effectively reduce losses on the gambling platform. Because if a gambler can reduce his losses by playing gambling effectively and increase his winnings in gambling with his experience and strategy, then we will consider him a smart gambler. We will never call a person who always loses on the gambling platform and does not adopt any strategy to make up for it, but instead loses more. However, in gambling, one must have his own strategy and discover better strategies on how to win in gambling and avoid losses.

[DPHOR]

I think gambling is something that is meant to eased one stressed after a long rough day or hard time at the office one can gamble to just forget about the stress and something to last for long while gambling. Smart gamblers are those who are conscious of how much they do spend while gambling and could control their risk without having to keep losing money while gambling and they should be able to know what are amount suitable for them to gamble with.

[robelneo]

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

It's but natural to lose money in gambling; it's gambling, where the house has an edge. It's not an investing strategy where you can analyze and put your money to be in profit.
Losing is natural in gambling; even the best gamblers have long losing streaks, but they do not consider themselves idiots.
You can consider yourself smart if you use money that you allocate; being smart has nothing to do with losing and winning—it's how you look at the money you've used to gamble.

[cxtreenal]

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.

It is not the girl's business whether she wins or loses in a bet, but if you start thinking yourself smart by gambling, then it will not be a good idea. Gambling is just fun, there is no reason to think yourself smart here. Here you cannot guarantee to win by using any kind of strategy. Because here everything will depend on your luck, so why can you think yourself smart through your gambling activity. As long as you gamble, just enjoy it as a fun time and then forget about these things and spend time on your important work.

It would be wise to consider gambling as entertainment, but the OP is trying to say that being smart here means having a strategy to minimize your losses. It may not be fair if you blame luck alone because you are responsible for your own actions. Gamblers can increase their chances of winning or losing, and they have the key to determining whether they win or lose. Being completely dependent on luck means that they are dumb and blind when betting and they are the ones who lose the most money. In my opinion, smart people are those who can continue gambling while maintaining self-control. They have the ability to stop gambling at the right time and continue.

[Marykeller]

Being called a smart person on a particular activity is based on your approach to it that people feel is the good approach to follow it up.

Since losing is part of gambling, I am minimizing my losses and have a predetermined loss limit on how I gamble, I am sure that I will regarded as a smart gambler who sets a budget and sticks to it to avoid financial losses that gambling causes.

However, a smart bettor will encounter losses, it is how they react to it will show how smart they are. Whether they will stay focused or let their emotions take hold of them to bet above their limit.

[Doan9269]

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?

A responsible gambler is a smart bettor because everything he will be doing will be monitored and done with the consciousness of being smart enough not to allow addiction or risk at the cause of gambling cover up on what he is doing.

Not every gambler can behave their self as we know, but when we encounters one which is well disciplined, we are going to know by seeing them right from how they gamble, also, such must not be the type that work on misplaced priorities, instead they plan everything accordingly to the suitability of them gambling.

[Mehmet69]

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.

Staying within a predetermined loss limit is easier said than done. When a gambler starts gambling, the only goal is to win. Most gamblers forget what they were trying to do while betting.

So a smart gambler will most of the time effectively cut their losses. And keep betting for a long time.

[Pandorak]

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.

Basically, the only thing we can control is the allocation of funds for gambling, while the risk of loss when gambling, is impossible to avoid, as is the potential profit. Winning and losing is purely based on analysis and luck ^[dominant], so, the only way to minimize losses is to be a responsible gambler, both for finances and emotions, because often what makes gamblers experience long-term losses because they cannot control greed, even when they win and get a profit, the sense of satisfaction is never there, always less and less.

[Sandra_hakeem]

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

It doesn't. Failure has always been part of any 'process' -- if it's too easy, then I guess the FEDs will be banging at your door in a few months.

Do you define a smart bettor as someone who:

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

Just like the first post says, this are part of the attributes of a smart bettor. One can do without the other, but in the same context, they relate. Meanwhile, being smart demands discipline, a ton of failed practices, disappointments, starvation (in relation to gambling)etc..

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!

It's not even about them getting angry for whatever, it's about saying things the way it is, not the way everyone wants to hear. Yes, being smart can get you a handful of wins, but losing is part of the process already.

[coolcoinz]

I think gambling is something that is meant to eased one stressed after a long rough day or hard time at the office one can gamble to just forget about the stress and something to last for long while gambling. Smart gamblers are those who are conscious of how much they do spend while gambling and could control their risk without having to keep losing money while gambling and they should be able to know what are amount suitable for them to gamble with.

Exactly. How you feel afterwards is the most important thing.

For instance, you can win a bit and feel bad because your expectations were much higher.
Another guy will have the same money after an hour of playing and will feel good because that hour relaxed him and took his thoughts off some troubling matters.

A smart gambler is not someone who never loses because there are no such people. It's also not somebody who never makes mistakes because such people don't exist. A smart player is someone who knows when to quit and who plans for every possibility and is happy with the outcome, whatever it is, because it was a part of the plan.

[Sonia_123]

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.

For those that adhere to these two mentioned qualities are known to be a smart bettor because they follow these rules which will limit their losses in time and bankrolls and keep them at alart during gambling, It also makes them responsible and don't chase their loss.
In most cases when we gamble we are likely not to win instead we lose more and these set of gambler are hardly being addicted to gambling .

The money gamblers lose is normal because that is the rule of the game, you must lose before you win or in some cases most gamblers don't even win and you see them happily continue gambling because they see it as fun.

[Antotena]

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.

Loss is inevitable, you can't gamble and not make loss, even the OG of gamblers make losses but they are very strategic in covering their losses, some do counter gambling or reduce odd to cover their losses especially when they are gambling games that involve long multiple odds and some of them know how to bet the next game and make back their money, this is for betyeors. I can't say the same but there gamblers that are casino gamers and don't lose all the time.

A gambler that has much bets loss than their winning, I don't see any reason why they should continue gambling be it whatever reason they have in gambling in the first place. You can't tell me you are making fun in losing money, it can never makes any sense to to me and if you are gambling for the money and you are making loss, you should call it a quit and use ur life for something else otherwise you will become broke regardless of your financial status.