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

[lionheart78]

Well yes I can still consider myself to be a smart gambler even when losing however it totally depends on my past gambling history,how many times I have won if it is more than the numbers of times I have lost.In gambling winning is not always sure at all times so one would still be considered to be a smart gambler despite when losing unless when the person has incurred more losses than he has won while gambling then the person can be considered as not being smart.

I do not think being a smart bettor is dependent on the number of wins, but on the number of times he is able to restrain himself from overspending.  As many of us know, gambling result is random, meaning there is no exact pattern embedded in them.  I believe, that winning and losing in gambling does not measure whether a person is smart in engaging in gambling, he will never figure perfectly the next outcome of the game due to the uncontrolled variables.

I think the only way to tell whether the gambler is a smart bettor is by observing his money flow and how it affects him and his surroundings when he is losing. That said, I think a gambler can still be considered a smart bettor even if he is still losing when he only spends the money he can afford to lose. 

In my case, I can say yes and no, since I sometimes messed up with my funding.

[jcojci]

Smart or not is not based on the result of our gambling activities, it is about how we do with our gambling habit/activity. As long as gambling is not affecting our life, we are smart enough because it means that we do gambling responsibly. Even if we are on winning but we cant deal with it responsibly, we are not smart in this case.

Yeah, it really depends on what you are considering your goal really.

You can be smart or not smart at all doing exactly the same action, it all depends on the goal you want to achieve.

I do feel like OP wants to feel better after a gambling loss though, but I wouldn't read too much into it.

Gamblers really need to understand that so they can start to be responsible with their gambling activity. No more cases of gambling addiction will happen because they know that gambling is just for fun and they will responsibly with they do in gambling.

It is better we just have fun in gambling rather than chasing the win money because we may lose much without we realize. We can learn to be a smart gambler who will not use too much money. We care about ourselves and want to take care by always using money we can afford to lose.

[wakier]

Can gamblers be said to be smart bettors? I don't really understand the meaning of smart here because whoever gambles how smart they are in managing their losses I can't say as a smart gambler, smart people are those who can restrain themselves from gambling or what harms them, but if they can manage time or losses when gambling I can say as a responsible gambler because they can minimize losses and stay within reasonable limits.

[Cryptmuster]

Gamblers really need to understand that so they can start to be responsible with their gambling activity. No more cases of gambling addiction will happen because they know that gambling is just for fun and they will responsibly with they do in gambling.

It is better we just have fun in gambling rather than chasing the win money because we may lose much without we realize. We can learn to be a smart gambler who will not use too much money. We care about ourselves and want to take care by always using money we can afford to lose.

I think it will be difficult to lose a lot and not realize it, because a smart player will always keep track (statistics) of his bets to understand which strategy will work best for him. For the laziest, there are statistics of your bets in each casino, and you can see how much money you deposited and how much you lost, maybe how much you withdrew if you are a good player. Statistics are an important thing, without them you will not be able to analyze, draw conclusions and change something if necessary. Everyone loses, and how good a player you are will be shown by statistics and not by a separate period of time.

[rachael9385]

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.

Gambling is capable of breaking you mentally and emotionally when you give into the addiction. You are a smart bettor if you are the type of gambler that's disciplined and applies the principle of risk management. In the long run smart bettors don't end up incurring a lot of losses. The best way to gamble is to have a limit, knowing when to stop can save you from a lot of trouble and in my opinion this is what makes you a smart bettor.

[CcnoutChopper19]

In my opinion, both of these are still included in the category of smart gambling approaches, the reason being that both approaches are aimed at minimizing risk.
But I will say that when you experience a loss in gambling, it does not mean that you are not a smart gambler, because the results in gambling are always something that is unknown, smart gamblers mean those who can manage, control and be disciplined in setting limits.

[OgNasty]

I think a smart bettor would expect to lose given that is the expected statistical outcome. I would go as far as to say the person who thinks the outcome of their bets is some sort of a measure of their intelligence is probably not the smartest guy in any room… Sure, you might get lucky or make a good call, but to take a chance outcome and tie it to your intelligence just seems dumb.

[AHOYBRAUSE]

I think a smart bettor would expect to lose given that is the expected statistical outcome. I would go as far as to say the person who thinks the outcome of their bets is some sort of a measure of their intelligence is probably not the smartest guy in any room… Sure, you might get lucky or make a good call, but to take a chance outcome and tie it to your intelligence just seems dumb.

Well spoken and on point. Also, there isn't really smart betting per se. There is only dumb betting. If you do your research on whatever you are going to bet doesn't mean you are making a smart decision or what not. It just shows that you take gambling a bit more seriously. People that bet on games without knowing anything about the match/teams/players are straight up gambling. They see odds and bet on them.

Even if you do plenty of research you can never influence what's gonna happen. I have seen so many games where everything was pointing at one side to win just to see the team go down in glorious fashion. Upsets happen all the team and it doesn't make you less smart, just means you were unlucky.

[TelolettOm]

--snipped--

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It doesn't really have anything to do with how smart the gambler is, it's simply odds and luck.

Well, the problem is that, we don't even have control to make ourselves always get victory. While in gambling, in any casino, gamblers will definitely get losses, how much the amount of losses, it will depend on themselves. Sometimes, there are some things that are beyond our reach or ability, because rationally, the casino also wants much greater profits. and will not let their users reap profits continuously.

One thing we should know, gambling is never consider to be an easy one, I've encounter more losses during my early days of starting gambling and clearly understand what it means when one is experiencing losses.

This is the reality that does happen, like it or not, even though we consciously continue to gamble even though we know very well that we have lost so much money. Luckily, I am still in a somewhat controlled condition, so I still think about stopping gambling first after a few losses, to avoid compulsive gambling addiction, although well, it is indeed quite difficult.

[Wiwo]

Can gamblers be said to be smart bettors? I don't really understand the meaning of smart here because whoever gambles how smart they are in managing their losses I can't say as a smart gambler, smart people are those who can restrain themselves from gambling or what harms them, but if they can manage time or losses when gambling I can say as a responsible gambler because they can minimize losses and stay within reasonable limits.

Gambling is luck based activity and for that it outcome can't be achieved by any form of smartness, so we can't refer to gambling as an art, and no gambler can be smarter than the casino since they have a system on the ground that favors the house all of the time, and for that it almost impossible for the gambler to be successful but satisfied with the little winnings and fun that they cash through gambling.

[tread93]

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.

I feel like only a fool would consider himself smart in the face of defeat. But in the long game it all depends on the attitude and if he can learn from his losses and then find a way or some kind of system to not lose (as much) or find some way to be stable maybe then it would work better for them. In point 2 alone if people just stick to that number limit they set for themselves then most folks would be in a much better spot, I mean the ones who really struggle with gambling I think.

[jcojci]

I think it will be difficult to lose a lot and not realize it, because a smart player will always keep track (statistics) of his bets to understand which strategy will work best for him. For the laziest, there are statistics of your bets in each casino, and you can see how much money you deposited and how much you lost, maybe how much you withdrew if you are a good player. Statistics are an important thing, without them you will not be able to analyze, draw conclusions and change something if necessary. Everyone loses, and how good a player you are will be shown by statistics and not by a separate period of time.

They realize that but that doesn't make them stop gambling because they want to recover their lost money. That makes them continue gambling without thinking about their losses. We should prevent that to become a smart bettor because we can not expect to win many times because this is gambling which can give us win and loss.

That is why if we realize about our losses, we must know that stopping gambling is the best thing that we can do to prevent more losses.

We cannot risk more money to gamble especially if we must fill our needs. Besides that, we can gamble anytime and not continue gambling this day.

[Cryptmuster]

Gamblers really need to understand that so they can start to be responsible with their gambling activity. No more cases of gambling addiction will happen because they know that gambling is just for fun and they will responsibly with they do in gambling.

It is better we just have fun in gambling rather than chasing the win money because we may lose much without we realize. We can learn to be a smart gambler who will not use too much money. We care about ourselves and want to take care by always using money we can afford to lose.

The intention itself will not change anything, whether you just want to play for fun, or are going to earn money on gambling, it will only be your desire if you lose more than you win. In fact, over time, gambling becomes a matter of entertainment for most players, because they cannot earn money here. This is much more difficult than it may seem at first glance, even if you spend a lot of time studying strategies and everything else, this still does not guarantee that you will be able to earn money in gambling. And with constant losses, the answer will be obvious, with a good bettor everything happens differently...

[sompitonov]

You can consider yourself to be anyone when you lose, but this does not change the fact that your wallet remains empty, and this is one of the main things for which most players play. Although not everything is so clear at first glance. A player can really have an excellent strategy, understand many things about how to win in the long run, but luck can simply turn away from him at a certain point, in poker this is called a downstreak, when on average we should win hands, but in fact we lose. Although it can be much worse, for example, when a player loses, considers himself smart, but in fact understands absolutely nothing about the game.

[madnessteat]

Gamblers really need to understand that so they can start to be responsible with their gambling activity. No more cases of gambling addiction will happen because they know that gambling is just for fun and they will responsibly with they do in gambling.

It is better we just have fun in gambling rather than chasing the win money because we may lose much without we realize. We can learn to be a smart gambler who will not use too much money. We care about ourselves and want to take care by always using money we can afford to lose.

The intention itself will not change anything, whether you just want to play for fun, or are going to earn money on gambling, it will only be your desire if you lose more than you win. In fact, over time, gambling becomes a matter of entertainment for most players, because they cannot earn money here. This is much more difficult than it may seem at first glance, even if you spend a lot of time studying strategies and everything else, this still does not guarantee that you will be able to earn money in gambling. And with constant losses, the answer will be obvious, with a good bettor everything happens differently...

Absolutely agree with you. Each of us independently decides what he wants to receive from gambling games. By the way, I observed that the more you control your actions in gambling games, the more boring it becomes to pass the time. I try to control myself to not lose more money than I originally planned, but sometimes I just want to play gambling without thinking about money, even if the result of such entertainment is a loss. If I go back to the past and analyze my personal experience in gambling games, then I can say that until I started to control myself in gambling games, my emotions were much brighter.

[Oluwa-btc]

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.

Honestly being smart in regarding gambling or betting requires some level of accuracy and strategies but regardless it doesn't imply that when you encounter some losses you ain't a smart bettor, that's not it. You know that even when you're good at something there are times you'll make some mistakes. But you can be noted as a smart bettor if you're able to minimize losses  and set limits as well cause to me being smart doesn't mean you won't experience losses yes you will but your ability of being able to manage it efficiently is what add up to making you a smart bettor.

[Hanadawa]

-snip-

I do not think being a smart bettor is dependent on the number of wins, but on the number of times he is able to restrain himself from overspending.  As many of us know, gambling result is random, meaning there is no exact pattern embedded in them.  I believe, that winning and losing in gambling does not measure whether a person is smart in engaging in gambling, he will never figure perfectly the next outcome of the game due to the uncontrolled variables.

I agree with you. I think this is a wise and intelligent answer. Your answer can represent how someone is said to be wise in gambling and which person is considered a gambling addict. I think winning in every bet is really influenced by luck. Or at least if it's a sports bet then I think the calculation is 50:50. You can't choose a favorite team and then think you've won the bet. There are many factors and variables that make the outcome of a sports match unpredictable. Although I think sports betting is still better than slots where you really have no control over the outcome of the game. When you can manage your money well and not interfere with your monthly money then you are already a smart person. But if you win a lot of bets but you even use debt to bet, I think you are already addicted to gambling.

[stompix]

I do not think being a smart bettor is dependent on the number of wins, but on the number of times he is able to restrain himself from overspending. 

So the smartest bettor is the one who doesn't bet, got it!
This is such an easy take its absurd, a smart bettor is simply one that knows when to bet how much to bet, it doesn't matter if you fail one IQ question if you still get the others right, the only way to apreciate the skills of a ga,bler is too look at his balance sheet over a period, profits means he is good at it, loses means he sucks, simple as that, too much of a debate for somethign that can be easily adressed with numbers.

Can gamblers be said to be smart bettors?

Yes, they can, what a revelation! 
Or are you saying everyone here who gambles is stupid?

[nullama]

You can consider yourself to be anyone when you lose, but this does not change the fact that your wallet remains empty, and this is one of the main things for which most players play. Although not everything is so clear at first glance. A player can really have an excellent strategy, understand many things about how to win in the long run, but luck can simply turn away from him at a certain point, in poker this is called a downstreak, when on average we should win hands, but in fact we lose. Although it can be much worse, for example, when a player loses, considers himself smart, but in fact understands absolutely nothing about the game.

Yes, that's the cold reality.

People that have just lost their money might want to feel a bit better after going through that.

I guess it's all there is to it. People feel bad, then they try to find something else to feel better.

[stomachgrowls]

Gamblers really need to understand that so they can start to be responsible with their gambling activity. No more cases of gambling addiction will happen because they know that gambling is just for fun and they will responsibly with they do in gambling.

It is better we just have fun in gambling rather than chasing the win money because we may lose much without we realize. We can learn to be a smart gambler who will not use too much money. We care about ourselves and want to take care by always using money we can afford to lose.

I think it will be difficult to lose a lot and not realize it, because a smart player will always keep track (statistics) of his bets to understand which strategy will work best for him. For the laziest, there are statistics of your bets in each casino, and you can see how much money you deposited and how much you lost, maybe how much you withdrew if you are a good player. Statistics are an important thing, without them you will not be able to analyze, draw conclusions and change something if necessary. Everyone loses, and how good a player you are will be shown by statistics and not by a separate period of time.

True!

If you are smart gambler or bettor then you do already have learned all the things that on which common mistakes of gamblers or bettors or simply you do know the consequences. You are the ones will be making out such adjustment on the moment that you have been able to experience it out again. On the moment that you can be able to avoid up things because of those past experiences then this is the time you will be trying out to control about into the spending that you are making with gambling. There are just those times or moments that you do made out some bad decisions or too much spending.We are just that humans on which we do get greedy sometimes.

When you do have that enough experience and awareness on how gambling or betting works then you do normally made out such acts on which you do able to avoid it on next time.
On this time or moment then it do shows that you do become that wary and becoming that smart.