Not taking risks can actually be good?

[Findingnemo]

I don't know why you guys are associating the risks we take in life with the risk factors for gambling. Gambling should be done in moderation and only with the money that you are willing to lose completely. So I take risks with small amount because that's what I consider as affordable for me but not with low risks games all the time since I know I can lose the money I bet and I am signing up for it.

[Hispo]

. 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?

If you keep your risk low, then inevitably the reward of each of your wins is going to be low as well, which could lead to some feeling of unsatisfaction in the mid or long term.
Also, you need to recall that there is always a house edges set in place so the house will always have an advantage in the long term, specially against those gamblers who rather to take small risks but gamble several times (more than the average) per session. So ironically, it would be worse than expected to try to go "safer" on a casino and gamble with less money and a small multiplier, than using a reasonable amount of money and go for a high enough multiplier, like 1.95 or more.
There is still a chance to lose it all in a single blink of an eye, but it could be better in the view of many gamblers that slowly and steadily to lose money to the casino because they chose to try to go safer.

Actually, if someone tries to go with a minimum risk on an online casino, it is always guaranteed that gambler is going to lose all his bankroll eventually.

[kotajikikox]

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 am a "low-risk" guy as I think it complements the playstyle of my gambling, and I like to enjoy my gambling sessions so making my funds last as long as possible is always good which I would not most likely get if I do high risk bets, but thinking which is better between low risk and high risk will entirely depend on the gambler and whether the gambler can take the big risk they are taking.

I suppose it really is about the gambler’s capabilities and goals. If you are happy with not taking big risks when it comes to gambling then there should be no reason to change it. Don’t you get bored of it at some point and wish that you can take just one big risk and see where it can bring you?

[acroman08]

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 am a "low-risk" guy as I think it complements the playstyle of my gambling, and I like to enjoy my gambling sessions so making my funds last as long as possible is always good which I would not most likely get if I do high risk bets, but thinking which is better between low risk and high risk will entirely depend on the gambler and whether the gambler can take the big risk they are taking.

I suppose it really is about the gambler’s capabilities and goals. If you are happy with not taking big risks when it comes to gambling then there should be no reason to change it. Don’t you get bored of it at some point and wish that you can take just one big risk and see where it can bring you?

It can be boring if you are playing a game that you don't like, but for me, who usually plays games that I like and enjoys them, it is not really an issue. That being said, I do big risk bets once in a while if I feel like it, but it is just not my playstyle, so I don't do it often.

[Zoomic]

If you prefer not to take risks, it means you will only be limiting yourself in every sphere of life. Whether anyone likes it or not, as risky as gambling is, people are still winning every day, and it keeps putting smiles on the faces of some, just the same way it has made others cry for ages.

Instead of avoiding risks, just gamble with small amounts so you don't lose big. But just know that gambling only with small amounts will most likely bring only small wins. My advice to everyone is that they choose their risks wisely.

[Julien_Olynpic]

Not taking risks can also be a risk. This is true for gambling and for life in general. In our lives, we are forced to take risks in order to improve our lives, but this risk is reasonable, because otherwise we will have to put up with less than ideal living conditions. At the same time, we must understand that even our best decision can still lead us to loss. In general, I would say that reasonable risk is useful. And all business and all human culture are based on this understanding. The most important thing is to avoid catastrophic and irreversibly traumatic risk. It may hurt you to lose your money, but you should not lose your house for debt or a kidney. You also should not risk your life for money, if that is your choice.

[stompix]

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?

This strategy has been debunked a thousand times already.

The problem chasing odds is the same as playing black or red on roulette. The odds end up the same way as percentages work. You keep on betting on 1.01 odds and you will end up with 99 wins and one loss. You run after 1.10 odds, you end up with 9 wins and one loss. The result when trying to beat math will be the same. You bet on the team and on the winner, not on the odds!

The low-risk odds are a mirage if not outright bait. They offer more frequent but smaller wins, which can help you maintain your bankroll and make gambling more sustainable over a longer period, but it's not a bulletproof profitable strategy. It suits people who enjoy the entertainment and want to play longer, but as I said before while discussing this, I prefer a fast blow than death by a thousand cuts.

I don't know why you guys are associating the risks we take in life with the risk factors for gambling.

Maybe because fewer people die from gambling than from car crashes or smoking?   

[Fivestar4everMVP]

Not taking risks can also be a risk. This is true for gambling and for life in general. In our lives, we are forced to take risks in order to improve our lives, but this risk is reasonable, because otherwise we will have to put up with less than ideal living conditions. At the same time, we must understand that even our best decision can still lead us to loss. In general, I would say that reasonable risk is useful. And all business and all human culture are based on this understanding. The most important thing is to avoid catastrophic and irreversibly traumatic risk. It may hurt you to lose your money, but you should not lose your house for debt or a kidney. You also should not risk your life for money, if that is your choice.

Exactly the point bud, very well agree with your opinion, taking risks in inevitable so long as we are alive and breathing, and this is because if we don't take risk in this way, then we must take risk in another way and this is life, for example, just as I have mentioned some time before in another comment, sleeping is a risk we take everyday because there is no guarantee that you will wake up, most especially nowadays where sleeping and not waking up have become a common cause of death for some people, yet we can't do without sleep, else, we will still be forced to sleep by drugs when we land ourself in the hospital.

Some risks are unavoidable, while we can avoid some risks as well, but then, whatever we know we can risk and it possesses a reward that we really need, it's alright to go for it, risks has been since the time of old and will remain until human beings are wiped out, just make sure to know the type of risk you are taking and like you said, avoid unnecessary risks.

[Smartprofit]

In my opinion, risk is necessary in life.

We are forced to take risks because we act in conditions of insufficient information. Since we cannot calculate the final outcome of our actions, we are forced to act at random (that is, we are forced to take risks). Gambling develops a person's tolerance for risk, so it is useful. In life without risk, it is impossible to achieve success in business, in personal life, or in other important matters. Returning to gambling, I am convinced that only a big win makes sense. The main goal in gambling is to hit the jackpot.

It is a big win that can radically change your life. And this is very important.

[Iranus]

Gambling isn't for making money in the first place, if you want to make money, it's not from something fun and vice versa.

If you ask 100 gamblers, all will say that they do not gamble to make money, they gamble for entertainment, gambling is not a place to make money...But in reality, most people gamble for money, not for entertainment. It's all just an excuse to cover up the desire to make quick money, and not many people dare to admit it. Even me, sometimes I say that gambling is just for fun but actually, I also want to make money from it, want to win the jackpot.

That's why I never trust people who gamble, spend a lot of money on it but say they are just having fun.

[Lannakosa]

If you ask 100 gamblers, all will say that they do not gamble to make money, they gamble for entertainment, gambling is not a place to make money...But in reality, most people gamble for money, not for entertainment. It's all just an excuse to cover up the desire to make quick money, and not many people dare to admit it. Even me, sometimes I say that gambling is just for fun but actually, I also want to make money from it, want to win the jackpot.

That's why I never trust people who gamble, spend a lot of money on it but say they are just having fun.

If you say that people play for money, then everything is clear, everyone wants to earn money on it and gets upset when they lose. Maybe not everyone believes that they can win the jackpot, but they definitely think about earning at least something. But at the same time, it would be reasonable to reduce the risks, even if not everyone wants to admit that they play for money, then at least let them make it insignificant for their budget, the way they spend it will correspond to their words, because you don’t need to lose a lot of money for entertainment.

[mindrust]

Life itself is about taking risks. If you don’t want to take any risks how about not going to work? Every time you leave home you are taking a risk. You are taking risks even when you lie on the couch. Even drinking water has its risks as you might get drowned.

What really matters is if it is worth to take the risk that sits in front of you.

We make bets following the same instinct or calculation. If we think team x will won the game and it pays decently when they do, we take that bet because it is not smart if we don’t. You can make an educated guess on the outcome, the pay is good enough, why not? Common sense.

However it is not always crystal clear like that and that’s when you should be avoiding risks. It is because you have no idea what is going on.

[danherbias07]

It's okay to take some risks, but when it comes to gambling, let's not forget it's not a low-risk type of business. It's high-risk and actually a business too, which takes money from other people, not as an investment but like a bubble that will be gone once it pops.

Anyway, when it comes to risky investments, there are so many options out there. I don't think there's any investment now without any risk at all. Even saving money in the bank is a risk because we don't really know when their business will suddenly stop. So, everything will just depend on our choice.

[WatChe]

Not taking risks can also be a risk. This is true for gambling and for life in general. In our lives, we are forced to take risks in order to improve our lives, but this risk is reasonable, because otherwise we will have to put up with less than ideal living conditions. At the same time, we must understand that even our best decision can still lead us to loss. In general, I would say that reasonable risk is useful. And all business and all human culture are based on this understanding. The most important thing is to avoid catastrophic and irreversibly traumatic risk. It may hurt you to lose your money, but you should not lose your house for debt or a kidney. You also should not risk your life for money, if that is your choice.

There are risks in which we either win or learn something, like if you invest in Bitcoin you will either get good profit or you learn how to invest effectively in Bitcoin next time. In gambling the risk is just one way i.e. you put money and there is rear chance that you will win and get good profit. It's advisable to take risks that can bring some betterment in life rather then adopting things which will give you only loss along with stress and anxiety. Gambling is good only as long you have control of your emotions, once you lose control of your emotions then you will end up selling your house to fuel this addiction, that's why its better to avoid this risk.    

[Ricardo11]

I don't know why you guys are associating the risks we take in life with the risk factors for gambling. Gambling should be done in moderation and only with the money that you are willing to lose completely. So I take risks with small amount because that's what I consider as affordable for me but not with low risks games all the time since I know I can lose the money I bet and I am signing up for it.

It is important that a gambler understands the main issue before starting gambling and makes a realistic decision, gambling is a surefire way to lose, so this loss should not be ignored in any way. Gambling means losing, a gambler will lose most of the time and sometimes get some small wins, but in the long run a gambler can never make a huge profit from gambling. The most important thing is that as a gambler, you have to deeply accept the possibility of losing, you should only gamble with money that you can lose.

[Dunamisx]

We can be gambling and be conscious not the kind of trust we are taking, because this falls under a deliberate act and we already know the consequence to what we are doing, but in some cases, whereby as we gamble, then we begin to think of not being involved in taking risk at all, which is not so, because every gambler is directly or indirectly a risk taker, since money is involved to use in gambling and we may either lose or win.

[TelolettOm]

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?

Actually, in any case, it always contains risk, there is always a risk, whether it is small, large, or large. Well, this is why in life, we need risk management, which is not to eliminate 100% of the risk but to minimize the existing risk.

However, especially for gambling, the possible results are only between: winning vs losing, there is no half-heartedness. If you win, that is the reward. If you lose, that is the risk.

And the statement that rather than not being able to accept the risk, it is indeed much better not to take the risk, because if you force yourself to take the risks, the situation will be much worse.

[passwordnow]

but too much of it can lead to catastrophe, and the trick is in navigating the difference.

Taking too much risk can lead to bad thing, we all know that from doing things that are too much can seriously lead to severe damages to us. And that's why if someone does take risk, it should always be measured and assessed before proceeding. We as gamblers are used to risks and they're fine. We simply go ahead and lose if that's the fate of our money on these particular days and bets. But if we're no longer liking what's taking place, we are acting on it and we understand that sometimes these risk could be worth it but, the repercussions of it are also great.

[imamusma]

~~

There are risks in which we either win or learn something, like if you invest in Bitcoin you will either get good profit or you learn how to invest effectively in Bitcoin next time. In gambling the risk is just one way i.e. you put money and there is rear chance that you will win and get good profit. It's advisable to take risks that can bring some betterment in life rather then adopting things which will give you only loss along with stress and anxiety. Gambling is good only as long you have control of your emotions, once you lose control of your emotions then you will end up selling your house to fuel this addiction, that's why its better to avoid this risk.    

There is no action that is free from risk, the only difference is the size. People who like to invest will take that path, and people who like to gamble will also choose their own path. However, in gambling, the possibility of getting profit is relatively low, so it makes sense to stay focused so as not to act beyond the limit. Try not to get to the point of addiction, because it will be difficult to stop, and will bring many problems in everyday life. Meanwhile, sometimes there are people who are ready to take any risk, because they are just curious.

[Fiatless]

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 higher the risk, the bigger the reward, but not everyone is a high-risk taker. I prefer to keep gambling with little funds which targets small wins. Since I am a low income earner, I don't think I would take risk with my entire monthly income on gambling. But small bets can bring big wins if you hit the jackpot. I wouldn't bet more than I can afford to lose because it will affect my finances and family. But with the lottery one can win big with small funds.