Not taking risks can actually be good?

[mirakal]

Just put yourself as an example, as you can't achieve anything if you don't take risks. We are all bound to risk, but it doesn't mean we risk something we know that we don't have any chance of getting returned. Even in gambling, despite saying we only lose in the long run, we can't deny the truth that we are also gaining some experience that could help us get more mature.

Let us just think that all of these things give us benefits. We may not appreciate it today, but we can soon.

[Odohu]

snip
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?

Don't take too many risks in gambling, stick to bets that you are ready to lose because you are different from them, don't let the temptation of big wins when taking risks be your reference in making bets, it is the wrong choice and you will not be able to be a responsible gambler.

I think this is the right thing to say because there no way we can gamble without taking risk of any form. It is in our hands to manage the risk properly so we don't expose much of our finds into gambling. This is what the post should cover even though I understand that the author is referring to gambling what big amount of money that one cannot afford to lose. This is a popular rule in gambling because gambling is such that the loss can be 100% depending on the sports or even you and playing.

[Lida93]

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?

When taking any form or level of risk it must be a calculating risk in order to be result oriented behaviour it small or high risks. In gambling, every level of risk follows with a corresponding result or consequences. Every gambling should always know how to draw the line on his risk limit and stick to despite how tempting certain rewards on some high risks might be so attracting.

[Solosanz]

I think someone who want to gamble without taking risk should go back to kindergarten and play Barbie doll with other kids.

If you gamble, you will take risk, if you don't take risk, you're not gambling, simple.

Gambling is more about money management rather than taking risk, if you only spent 1% of your monthly income, regardless you take very low risk (betting 1 satoshi) or taking highest risk (stake all in one bet), it won't affect your life.

Agreed. Although there is no guarantee that if we start a business, we will be successful, taking risks in business is worth it because we have the opportunity to get rich if we have the right strategy and plan. But in gambling, whether we accept the risk or not, there is only one result, which is loss. The greater the risk, the greater the loss. Therefore, it would be unwise to take a big risk when we know for sure that it cannot bring better results.

It is better that we do not put our hopes on gambling.

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.

[Pandu Geddon]

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 will not increase the risk more to seek a better win. I have done that, but what happens is taking a risk to chase a loss. Increasing the bet to achieve a better return if you win. But more often than not, you lose more.
Now it would be better to bet with a small risk and enjoy the game. Rather than getting more stressed by the big risk taken. Gambling is fun in its game. If you can't enjoy it, all you get is the pressure to win and suffer the loss.

[radjie]

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?

Deciding to take a big risk in gambling can easily lead to bankruptcy in an instant, Although if you are lucky you will get a big win, but it would be much better to take a low risk and play casually according to the budget that we have set for gambling according to the limits of our abilities. However, it all depends on the goals of each gambler, but back again with a smart mindset if gambling is not a place to make money, but must be applied gambling just for fun, not easily tempted to get big profits in a short time but for every game we do must be able to enjoy the sensation even though deciding to play by taking a low risk

[gunhell16]

If you are not a risk taker in gambling casinos, you are not suitable to be a gambler in any casinos. Because we should already think from the beginning that the money we gamble in gambling is something you know to yourself that you are willing to sacrifice to lose, meaning you are ready and you know the consequences when we gamble here.

This should be the right mindset for us as casino players so that from the beginning of playing, we will feel no expectation and no frustration as gamblers.

[sotelorene]

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?

Taking risk is a choice and not taking a risk is also a choice so anyone who thinks he or she can actually take the risk then I don't think there is anything wrong with that and anyone who can not actually take risk should also pipe low and gamble according to what is in his or her pocket before they ran into a state they can not comprehend. Moreover, the higher the risk, the higher the loss and the higher the profit ( return) but before someone should take a risk there should be something that will stand as a back up in case everything didn't work out well and that is what every wise person should do.

[nara1892]

Of course gambling with low risk is much more recommended, there are many reasons that can support this idea, one of which is because gambling is an activity that has no guarantee and certainty to win at the end of the game, there are several questions that I will ask here.
First, do you like losing money? Do you prefer to lose large or small amounts of money? I'm sure the answer is that we all don't like losing money, especially in large amounts.

Therefore, it is clearly better to bet with a small amount in the sense of taking a low risk because even if you lose, at least the amount lost is not too large, after all, betting with a large amount is not something that makes victory come.

[Rockstarguy]

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?

Gambling is unpredictable; it is just better if gamblers take risks that they can afford to lose. Some gamblers take very expensive risks in gambling, and if they lose, they feel so pained. There is no need to take risks that one will later regret. Risking so much money to gamble does not change anything in gambling; it doesn't make winning easy or certain. It is just better to stick to the amount that you can afford, and if it eventually ends in a loss, there is nothing to worry about. There are some risks that are not worth taking because they can end in regret.

[Ruttoshi]

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?

Taking risk is a choice and not taking a risk is also a choice so anyone who thinks he or she can actually take the risk then I don't think there is anything wrong with that and anyone who can not actually take risk should also pipe low and gamble according to what is in his or her pocket before they ran into a state they can not comprehend. Moreover, the higher the risk, the higher the loss and the higher the profit ( return) but before someone should take a risk there should be something that will stand as a back up in case everything didn't work out well and that is what every wise person should do.

Taking higher risk should be discouraged because it can lead to irresponsible gambling since such a gambler will want to chase his losses. Gambling with the amount of money that wouldn't affect you emotion is the best. People who has the intention of winning big whenever they are gambling will end up in addiction if they don't have self control over their gambling activities.

In whatever way that we choose to gamble, we should always gamble responsible in order for you to be in a good state of mind.

[coin-investor]

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?

Either way you can implement both as long as you play with money that you can afford to lose, when I was a newbie I hare taking risks becase I'm afraid to lose my bankroll and I expect to win everytime I play, its not a good strategy there will always some point where you need to take a risk, and that is something I missed because of fear of losing.
When you are comfortable with whatever the outcome, that's when the real fun begins. You can do whatever you want, employ the strategy you create, because you are more focused on having fun than protecting your money.

[famososMuertos]

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?

Question! You two topic creators know each other. Check out this thread:

https://bitcointalk.org/index.php?topic=5546101.0

What %$6 are you (also they are in the other thread) talking about? Risk in betting is an intrinsic fact, which varies according to a probabilistic fact.
So, after that you can determine an adequate bet size that allows you to place the bet (or take the risk with your money), it's that simple, if you bet a lot or a little, it is not intrinsic with the level of risk, I mean, it does not decrease or increase because you bet big (which you have to analyze, what it means, since if you bet on the frequency $ 0.01 and then bet $ 5, that is in your case bet size betting big, you know). You never stop taking risk when making a bet.

[sompitonov]

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?

Either way you can implement both as long as you play with money that you can afford to lose, when I was a newbie I hare taking risks becase I'm afraid to lose my bankroll and I expect to win everytime I play, its not a good strategy there will always some point where you need to take a risk, and that is something I missed because of fear of losing.
When you are comfortable with whatever the outcome, that's when the real fun begins. You can do whatever you want, employ the strategy you create, because you are more focused on having fun than protecting your money.

This is the game, how much and at what point we are ready to risk in order to win or lose. Of course, everyone has their own opinion on this matter, someone relies on strategy, and someone on chance, one thing is clear, that after many bets, it will be possible to find out whether the player did it right or not. I used to be afraid of betting, I had a fear of losing, it constrained me very much. However, experience allows me not to have fear, it remains to solve the issue only with a winning strategy, which is extremely difficult to find.

[Accardo]

Of course gambling with low risk is much more recommended, there are many reasons that can support this idea, one of which is because gambling is an activity that has no guarantee and certainty to win at the end of the game, there are several questions that I will ask here.
First, do you like losing money? Do you prefer to lose large or small amounts of money? I'm sure the answer is that we all don't like losing money, especially in large amounts.

Therefore, it is clearly better to bet with a small amount in the sense of taking a low risk because even if you lose, at least the amount lost is not too large, after all, betting with a large amount is not something that makes victory come.

Greedy players lose more money in pursuit for huge profits, which sets their bankroll back to scratch. Risk that can't be handled isn't advisable, I could see the rage in the eyes of a friend who lost money over the Germany vs France game today, when he's from none of these countries but weren't glad to see France score two goals, that's what betting can cause - lost of attention, regrets and focus.

[Ricardo11]

Of course gambling with low risk is much more recommended, there are many reasons that can support this idea, one of which is because gambling is an activity that has no guarantee and certainty to win at the end of the game, there are several questions that I will ask here.
First, do you like losing money? Do you prefer to lose large or small amounts of money? I'm sure the answer is that we all don't like losing money, especially in large amounts.

Therefore, it is clearly better to bet with a small amount in the sense of taking a low risk because even if you lose, at least the amount lost is not too large, after all, betting with a large amount is not something that makes victory come.

Greedy players lose more money in pursuit for huge profits, which sets their bankroll back to scratch. Risk that can't be handled isn't advisable, I could see the rage in the eyes of a friend who lost money over the Germany vs France game today, when he's from none of these countries but weren't glad to see France score two goals, that's what betting can cause - lost of attention, regrets and focus.

Gambling is something that can easily penetrate deeply into the heart of a gambler. Where the gambler is almost blinded by greed, and keeps gambling to win uncontrollably. In fact, any event is uncertain, you may naturally think that if you bet on this team, you will win, but the reality is completely uncertain, so no matter how much the possibility is, it can never guarantee anything. So you have to be responsible, because there is no alternative to responsibility to avoid major losses.

[YOSHIE]

Not taking risks can actually be good?

Basically, gambling is at high risk, we never know that the game will win or lose, but all of that we know after the final result, yes we understand not risk, I have a different definition for such situations.
Example:
In gambling there are hundreds of games, roullete, blackjack, sports betting, dice, poker, slots and many others.
Of the many games, of course you are a game Low risk and low victory, for example Roulette and Slot we can set a minimum bet or by buying spin means winning is made sure to pay low and low risk.

But emotional, greed, our ambitions that make us sometimes challenged to take a high risk of wanting to quickly produce big double money, That's what makes most gamblers worse and lose everything, so low risk and low victory are certainly choices for those who are relaxed and controlled.

[livingfree]

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'd agree with that.

If someone who's known to taking huge risks and it doesn't come out as a good result, it's best for those gamblers not to that a lot of risk.

They can still continue and have some good bets and enjoy them while they can through small amounts and risks but it won't lessen the enjoyment that they might get.

Sometimes, it's worth to take big risks but if you've been doing that and nothing happens, better to be consistent in lower ones.

[KiaKia]

Not taking risks is bad, it makes your life to be stagnant, you will likely end up not doing anything to make differences. Take risks when you can, just make sure that you risk only what you can afford to lose.

Not taking risks in gambling is even different, it can be good for you based on who you are, because truth be told, gambling is not for everyone, decision need to be made before going for gambling.

Make sure you get your life together first, start making money from jobs and other means before considering gambling and use only small percentage of your total income to gamble.

Gambling is too high of a risk, do it only if you can afford to lose the money.

[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.