Not taking risks can actually be good?

[Xcode7]

It also has to do with personal decisions, when it comes to gambling, an individual have the right to decide if they will gamble or not and if they decided to gamble, the amount they want to lose should be the amount that if they lose it, it would not have negative effect on them. So, in another way round we can say it's not much of a risk but rather the person is having fun.

You are right, the eprosans should only know how much they should risk , we must start that every person has control of their money and those who do not know it , well, it is worth telling them that as a very personal Piece of advice, before playing, they should determine how much money they are willing to lose in the game , if they do it that way they can assume the risk they want because their finances will be in order after playing.

I am sure everyone who gambles is aware of this but again everyone has different feelings or desires that can cause loss of control, maybe because of the desire to multiply their money or too much fun in the game they are playing.
What needs to be realized is that all gambling is an act of taking risks regardless of the money they use, everyone is aware of this and then they decide to take risks or and certainly every time there is a risk there is a possibility of profit as well as in gambling.

[Porfirii]

Just a coincidence but I read yesterday that by not taking risks for fear of making bad decisions you're already making the initial and most important bad decision. The author was talking about the general attitude to life, so it would have to be seen after, case by case, what is the most prudent decision to make (take the risk or not).

As in everything, generalizations are misleading, but an overly cautious approach to how to navigate life can be as bad or worse than the opposite.

[Pandu Geddon]

I am sure everyone who gambles is aware of this but again everyone has different feelings or desires that can cause loss of control, maybe because of the desire to multiply their money or too much fun in the game they are playing.
What needs to be realized is that all gambling is an act of taking risks regardless of the money they use, everyone is aware of this and then they decide to take risks or and certainly every time there is a risk there is a possibility of profit as well as in gambling.

All bets definitely have risks, because there is definitely a risk of losing what is at stake. All gamblers are basically aware of this, it's just that the level of tolerance for risk-taking for each person is different. There are gamblers who always bet safely, and there are also those who occasionally increase their risk because of adrenaline. But some are used to betting with high risks. Every gambler has their own habits and limits.

[Eternad]

Just a coincidence but I read yesterday that by not taking risks for fear of making bad decisions you're already making the initial and most important bad decision. The author was talking about the general attitude to life, so it would have to be seen after, case by case, what is the most prudent decision to make (take the risk or not).

As in everything, generalizations are misleading, but an overly cautious approach to how to navigate life can be as bad or worse than the opposite.

It’s true. Even the most successful person in the world takes big risk in able to achieved their success.

Risk is always incorporated to success because that’s the natural law of our life. We can’t gain anything without risking either with money, efforts and other things that we value in exchange for potential good outcome.

It’s same on gambling. You will not win if you don’t risk but remember that casino has house edge so it’s true that it’s a case to case basis on what we are risking.

[Peanutswar]

If you are just casually playing gambling without any kind of bet that has a value I guess its good to play without risk but if it terms there's a money involved and considering there's a monetary value those you are using a wage you are making a game with a risk of something now you are using your knowledge and skills unlike on the earlier statement just to win the game and not to lose what do you have. Also another thing is there's no such casino would like to offer a no money to play gambling and letting win their player seems they are like giving away free money on that concept.

[Taskford]

Just a coincidence but I read yesterday that by not taking risks for fear of making bad decisions you're already making the initial and most important bad decision. The author was talking about the general attitude to life, so it would have to be seen after, case by case, what is the most prudent decision to make (take the risk or not).

As in everything, generalizations are misleading, but an overly cautious approach to how to navigate life can be as bad or worse than the opposite.

It’s true. Even the most successful person in the world takes big risk in able to achieved their success.

Risk is always incorporated to success because that’s the natural law of our life. We can’t gain anything without risking either with money, efforts and other things that we value in exchange for potential good outcome.

It’s same on gambling. You will not win if you don’t risk but remember that casino has house edge so it’s true that it’s a case to case basis on what we are risking.

Risk is there that people over come and they could achieve that if they know those methods to lower down the risk they could face by playing their favorite casino games.

But if they really don't like to consider risk and just want to ignore it maybe they have tendency to became impulsive on each thing they have done especially on their decision making while playing on the casino.

We will not win if we don't really risk anything, but make sure that we do some certain ways like finding good strategies that can possibly lower down the risk on gambling. But most important of all gamble only the amount what you can afford to lose.

[Oluwa-btc]

Zero risk-taking can lead to stagnation, but too much of it can lead to catastrophe, and the trick is in navigating the difference.[/i][/url]

It got me thinking to how this can be applied in gambling. I know that almost all kinds of gambling require some sort of sacrifice and some risk taking but the levels vary. Do you reckon it is better to not risk that much in gambling and just keep playing low risk games and win even small amounts or do you always think that taking big risks is always the way to go?

I haven't heard of such that not taking risks can actually benefits one, because life itself involves risks taking be it small nor big this is something everyone experience in their daily lives. But in gambling risk taking is something every gambler reckon to that tends to win big so it's applicable to gambling but then most gamblers risks what they can afford to avoid losing everything which is why I agree to low risks and that's all.

[Mpamaegbu]

Zero risk-taking can lead to stagnation, but too much of it can lead to catastrophe, and the trick is in navigating the difference.

Like it's often said, if you can't stand the heat, get out of the kitchen. I believe in money management in whatever happens with gambling, just the same way I calculate my R:R in trading. Those who propose to engage just tiny bits of their funds aren't calculative. They just gamble. If one is calculative, one should be able to realize that certain games carry better odds that one should risk higher because of the reward ratio. Those who are scared of losing will end up losing, even if it's in bits.

[madnessteat]

~snip~

Yeah, I agree. Taking a risk and when it pays, our brain releases dopamine. Every time we achieve something that was anticipated but slightly unexpected, dopamine is released. Sometimes we just feel the adrenaline rush and make risky bets.

Last week I had a good sports win which gave me that adrenaline rush and I started betting quite high amounts on high-risk Plinko. Wasn't great and wasn't bad but it shows that when we have something good going, we are ready to take more chances.

Usually I'm a low-risk gambler in the sense that I don't bet much apart from when betting on sports because I can analyse how things will go, or at least so I think .

In my opinion, the main danger of adrenaline rush is that we can go into a state of euphoria and feel a sense of superiority that does not actually exist. This state is very often accompanied by rash actions and disregard for risk management. Moreover, this applies not only to gambling, but also to trading, sports, etc. At such moments, it is easy to make mistakes, so I believe it is very important not to cross that line.

[dezoel]

I am sure everyone who gambles is aware of this but again everyone has different feelings or desires that can cause loss of control, maybe because of the desire to multiply their money or too much fun in the game they are playing.
What needs to be realized is that all gambling is an act of taking risks regardless of the money they use, everyone is aware of this and then they decide to take risks or and certainly every time there is a risk there is a possibility of profit as well as in gambling.

Gambling is now having many new dimensions peoples those are addicted or playing for 10x type understand how to manage things because without taking risk they are not able to go ahead with this and this is always on their mindset. But, peoples those are having their minds for fun or just entertainment they usually go through with their strategy which allow them to have less risk because this is always given them some fun and extra money which is manageable for them but still without taking risk no one can enjoy this.

Gambling is all about taking risk without having risk you never had anything from gambling here few things works as peoples sometime love to go with minimum risk but still it's not guaranteed you are ending with better result.

[peter0425]

Just a coincidence but I read yesterday that by not taking risks for fear of making bad decisions you're already making the initial and most important bad decision. The author was talking about the general attitude to life, so it would have to be seen after, case by case, what is the most prudent decision to make (take the risk or not).

As in everything, generalizations are misleading, but an overly cautious approach to how to navigate life can be as bad or worse than the opposite.

It’s true. Even the most successful person in the world takes big risk in able to achieved their success.

Risk is always incorporated to success because that’s the natural law of our life. We can’t gain anything without risking either with money, efforts and other things that we value in exchange for potential good outcome.

It’s same on gambling. You will not win if you don’t risk but remember that casino has house edge so it’s true that it’s a case to case basis on what we are risking.

Not all people who risked have succeeded though.

When successful people talk about taking risks, they are actually talking about well planned risks. Well thought of risks. Do not just take risks that you did not think of deeply enough. That would just be considered stupid and not brave. People often look up to successful people for taking risks but there are other factors that also played into their success, ones that you may not have heard of. If you are going to take a risk, make sure that it is logical and reasonable. Not reckless and impulsive.

[Cityhunter34]

Found this article about not taking risks and it benefitting them. The story is not as relevant but what it said at the start was interesting to me. The risk-taking culture of gambling gets a lot of attention these days far from the floors of any casino: Not only in business — where a willingness to take a risk is an ordinary part of life, at least to a point — but in many other sectors, including government.

Zero risk-taking can lead to stagnation, but too much of it can lead to catastrophe, and the trick is in navigating the difference.

It got me thinking to how this can be applied in gambling. I know that almost all kinds of gambling require some sort of sacrifice and some risk taking but the levels vary. Do you reckon it is better to not risk that much in gambling and just keep playing low risk games and win even small amounts or do you always think that taking big risks is always the way to go?

One thing about risks is that sometimes it might likely result to more winnings, why sometimes it may likely lead you into more losses at last. So is quite a personal decision because as long as gambling is concerned each and everyone us here have different ways we view gambling. But as a gambler that knows the risks involved in gambling would never in any way think of risking huge amount of money in gambling because is pretty obvious that luck plays a significant role in gambling.

[Cryptmuster]

If you are just casually playing gambling without any kind of bet that has a value I guess its good to play without risk but if it terms there's a money involved and considering there's a monetary value those you are using a wage you are making a game with a risk of something now you are using your knowledge and skills unlike on the earlier statement just to win the game and not to lose what do you have. Also another thing is there's no such casino would like to offer a no money to play gambling and letting win their player seems they are like giving away free money on that concept.

In order to play for free, casinos offer a feature called fun. It allows you to simply try playing, to figure out how the game works and how everything is arranged. But I will say that playing in this mode quickly gets boring. Players who are looking for adrenaline and emotions will definitely start playing for money because in free play you do not get what you are looking for in gambling. Of course, in this case you will not lose anything, but you also will not be able to win anything.

[Taskford]

If you are just casually playing gambling without any kind of bet that has a value I guess its good to play without risk but if it terms there's a money involved and considering there's a monetary value those you are using a wage you are making a game with a risk of something now you are using your knowledge and skills unlike on the earlier statement just to win the game and not to lose what do you have. Also another thing is there's no such casino would like to offer a no money to play gambling and letting win their player seems they are like giving away free money on that concept.

In order to play for free, casinos offer a feature called fun. It allows you to simply try playing, to figure out how the game works and how everything is arranged. But I will say that playing in this mode quickly gets boring. Players who are looking for adrenaline and emotions will definitely start playing for money because in free play you do not get what you are looking for in gambling. Of course, in this case you will not lose anything, but you also will not be able to win anything.

Well somehow that's the feature they can use if they really can't take the risk to lose money in gambling.

But somehow its not rewarding since we don't get anything after all with that and provably that playing using demo money is boring.
 
Placing some bets would make us experience a sort of adrenaline rush and this is how make things became more exciting especially if there's money at risk on the games we played. Make sure to deposit on what they can afford to let go so that they won't get stress and regret if it happen they experience losses.

[rachael9385]

It's good that when you're gambling you know how to limit your losses and reduce the risk attached to gambling. If you are after big wins, you will end up in big losses, and vice-versa. People fail to understand that gambling is not a guarantee for profit but a guarantee for losses because the house edge will always win and casinos are out there for business.

Unfortunately this is something that a lot of people are to failing to come to terms with. Whenever you win in gambling there's always a loss around the corner, big wins attracts big losses, that's just how the game works but this can be controlled by how you handle your profits and losses. Personally, I don't gamble for a while after winning because I know that there's a chance that I might lose if I continue

[madnessteat]

~snip~

It’s true. Even the most successful person in the world takes big risk in able to achieved their success.

Risk is always incorporated to success because that’s the natural law of our life. We can’t gain anything without risking either with money, efforts and other things that we value in exchange for potential good outcome.

It’s same on gambling. You will not win if you don’t risk but remember that casino has house edge so it’s true that it’s a case to case basis on what we are risking.

Not all people who risked have succeeded though.

When successful people talk about taking risks, they are actually talking about well planned risks. Well thought of risks. Do not just take risks that you did not think of deeply enough. That would just be considered stupid and not brave. People often look up to successful people for taking risks but there are other factors that also played into their success, ones that you may not have heard of. If you are going to take a risk, make sure that it is logical and reasonable. Not reckless and impulsive.

No matter how carefully a person plans their risks in gambling, their success will depend heavily on luck, which they cannot influence in any way. When planning risks in life, a person can influence the probability of their success because they have many different tools at their disposal to circumvent the system, from skills and connections to flexibility and the ability to bend the rules. We can see this in the example of wealth accumulation schemes in many countries. In gambling, the probability of success is strictly limited by mathematics. Therefore, risks in life and risks in gambling are very different.

[bubilas]

Found this article about not taking risks and it benefitting them. The story is not as relevant but what it said at the start was interesting to me. The risk-taking culture of gambling gets a lot of attention these days far from the floors of any casino: Not only in business — where a willingness to take a risk is an ordinary part of life, at least to a point — but in many other sectors, including government.

Zero risk-taking can lead to stagnation, but too much of it can lead to catastrophe, and the trick is in navigating the difference.

It got me thinking to how this can be applied in gambling. I know that almost all kinds of gambling require some sort of sacrifice and some risk taking but the levels vary. Do you reckon it is better to not risk that much in gambling and just keep playing low risk games and win even small amounts or do you always think that taking big risks is always the way to go?

The risk must be proportionate to the potential profit. If someone has been betting on a certain team all his life and knows their strength and ability to play against certain opponents, then such a bettor can easily bet with a high level of risk. He knows all the information and can estimate what the risk will be in the end and what profit can be extracted. This will be calculated from the proposed odds.

[LUCKMCFLY]

Since we all have different sources of income, each gambler knows what they are able to afford to bet on and what might looks like extravagant spending on bets that might not even end up in a big win.

Yes, it is difficult to give advice when each of us has very different financial situations, the most appropriate thing is what you can say as a measure of rabbit that you want to take, I Personally take risks with the money that I can afford to lose, I learned that taking risks with the money that I have for other things will always be a very bad idea, usually it is lost and it is not pleasant to lose money.

[2Pizza410000BTC]

Found this article about not taking risks and it benefitting them. The story is not as relevant but what it said at the start was interesting to me. The risk-taking culture of gambling gets a lot of attention these days far from the floors of any casino: Not only in business — where a willingness to take a risk is an ordinary part of life, at least to a point — but in many other sectors, including government.

Zero risk-taking can lead to stagnation, but too much of it can lead to catastrophe, and the trick is in navigating the difference.

It got me thinking to how this can be applied in gambling. I know that almost all kinds of gambling require some sort of sacrifice and some risk taking but the levels vary. Do you reckon it is better to not risk that much in gambling and just keep playing low risk games and win even small amounts or do you always think that taking big risks is always the way to go?

It is always better to take low risk and use a very small budget for gambling. Taking high risk and using a large budget in gambling is not good at all because it can create a very terrible situation for a gambler. If someone plays slot games, then he should use a very small amount of money because using a large amount of money here is very risky. I participate in sports betting, I have used a maximum of $1-$5 there and I have not regretted it even if I lost. So it is better for everyone to take very low risk and use a very small budget in gambling.

[terrific]

Yes, it is difficult to give advice when each of us has very different financial situations, the most appropriate thing is what you can say as a measure of rabbit that you want to take, I Personally take risks with the money that I can afford to lose, I learned that taking risks with the money that I have for other things will always be a very bad idea, usually it is lost and it is not pleasant to lose money.

When you have money ready to be spent for other things, this makes it even bad for you.
Don't be like the other gamblers that they have already budgeted the money they have and yet, they attain to put it up into risk with gambling.
That's a mistake that they're going to make and will learn the lessons the very hard way.
We take risk with the money that we should be gambling with and afford to lose because if not, we will practice that always and we'll be out of control for most times.