Not taking risks can actually be good?

[Akbarkoe]

It was impossible in gambling. But if you are just gambling with your extra money, that is very okay. Unfortunately, the common problem for most of us is that we break our limitations. Supposedly, we are just about to use a certain amount, but we tend to use more due to uncontrolled behavior.

It is about knowing that gambling is full of temptation. That is why we should deal with this carefully and think about whether we can manage ourselves or not. Otherwise, the best thing we can do is to stop gambling.

Gambling beyond the specified limits is a common occurrence, you are lucky if at the end of the game you get a win that can return everything that was lost before. but if it ends in defeat and defeat then this will only end in regret.

And what I do when I break the limits that I have made, again placing bets exceeding the amount of money I am ready to lose, then what I do is avoid gambling for some time until I can really accept the defeat and gain control over myself. I do this because from what I have experienced, after getting a series of defeats and returning to gambling the next day, this only makes me experience a bigger defeat, drowning me in a cycle of endless gambling.

[HONDACD125]

Gambling beyond the specified limits is a common occurrence, you are lucky if at the end of the game you get a win that can return everything that was lost before. but if it ends in defeat and defeat then this will only end in regret.

That's true, it's common, especially among gamblers who are gambling regularly, which means they barely skip more than a couple of days in a week, or most don't even skip a single day. Some of them might have enough patience and discipline to avoid gambling more than they can afford, but most of them would mostly gamble beyond the limits they've set for themselves.

And what I do when I break the limits that I have made, again placing bets exceeding the amount of money I am ready to lose, then what I do is avoid gambling for some time until I can really accept the defeat and gain control over myself. I do this because from what I have experienced, after getting a series of defeats and returning to gambling the next day, this only makes me experience a bigger defeat, drowning me in a cycle of endless gambling.

It's great if you are able to do that, because most gamblers can't do it. They might try to stay away from gambling after losing more than they were supposed to lose, but they can't do it because of the urge that keeps dragging them back to the casino, and eventually, they give up and gamble again despite the losses they experienced just recently.

[AmaGold70]

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 risks has different levels and different approach, there are big risks and small risk. Personally I feel taking big risks isn't the best way to go as I feel like big risks in gambling are usually big amount you can't afford to lose while small risks are the ones you can afford to lose, not taking risks at all in gambling or in our general life is very risky so I recommend we take small risk once in a while. I take the big risks sometimes in gambling but I always know when to stop.

[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?

Anyone that is taking risk beyond what they can afford is those people's business though taking risk is not actually bad per say because sometimes one can make it from there while sometimes one can lose a lot from it and the only time i think it is advisable to take risk is when someone have something that can cover the risk they are taking if it doesn't favor them or work as planned. Taking risk when someone knew they can not afford it means stupidity, I mean how will someone start up something that once they lose from it they are going back to square one I mean it is crazy.

[skarais]

~~~

Anyone that is taking risk beyond what they can afford is those people's business though taking risk is not actually bad per say because sometimes one can make it from there while sometimes one can lose a lot from it and the only time i think it is advisable to take risk is when someone have something that can cover the risk they are taking if it doesn't favor them or work as planned. Taking risk when someone knew they can not afford it means stupidity, I mean how will someone start up something that once they lose from it they are going back to square one I mean it is crazy.

The risk in gambling is losing and it is real. If someone wants to take a risk in gambling, then they should consider several things including budget restrictions and also their playing strategy. You should not use all your money in one bet just because you are really sure that the risk you take is worth it if you win, I think that is not a good approach in gambling even though in one case you can win it. Of course this is not about you, but someone else must be very wise in making decisions especially regarding the risks of gambling.

There is nothing that really guarantees you to win even if the chances of winning your bet are very high. In fact, someone who has a 90% chance of winning his bet can still lose at the end of the game and this is really frustrating. That's why it takes a strategy including fund management, of course the goal is to be able to get up and try again.

[Hatchy]

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 depends on how much you have to risk. Some people have a lot of money when they want to gamble, such person may not be too scared to risk alot just so he makes quicker profits and exist, if he chooses to. For someone having very little funds and wish to ask well make some profits from his gambling activities, he should be smart enough to reduce his risk and gamble responsibly. The idea is to stay long enough to that exact game that would make you a good win. If you are able to manage your risk well, you may end your gambling session in profits.

[GigaBit]

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 issue may be different from one person to another. Because of this, if he does not have much money to bet, if he takes big risks to bet, then he will not be able to survive in gambling for a long time. And if he places small bets, then he can get the opportunity to gamble more. There are some who spend little time on gambling and want to come back from there quickly so that his time is not wasted. That is why they put money that they can lose in betting and accept whatever the result is, while there are some who try to enjoy betting for a long time. Without giving priority to money, they only want to enjoy the pleasure of betting. For them, it is better to gamble for a long time by placing small bets.

[swogerino]

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 depends on how much you have to risk. Some people have a lot of money when they want to gamble, such person may not be too scared to risk alot just so he makes quicker profits and exist, if he chooses to. For someone having very little funds and wish to ask well make some profits from his gambling activities, he should be smart enough to reduce his risk and gamble responsibly. The idea is to stay long enough to that exact game that would make you a good win. If you are able to manage your risk well, you may end your gambling session in profits.

Well I decided to take some risks and despite losing most sessions the last one was a winning one, it shows that reward come to those who persist though never I suggest this to anyone as an advice, only gamble what you can afford to lose and only risk what you can afford to risk. This was, is and remains the golden rule regarding gambling if you want to be safe from addiction, the more exposed to gambling one person is the more exposed to gambling addiction is, gambling addiction does not come fast though when it comes can hit you really badly so stay safe and be prepared by following the simple rules. The best rule of course is only risk what you can afford to risk, if you have 1000 dollars that you don't need then do whatever you like with that money, it is additional surplus to you.

[|MINER|]

If you bet on gambling a single penny that's mean you are taking risk of that single penny. In some scenario the if the size get bigger then you are also taking risk but the difference will be before you do the reponsible gambling and after adding more fund which you cann't afford to lose on that case you are doing the irresponsible gambling.

I always used to do the responsible gambling so I always try to stick with the small fund when I am doing the gambling as well in this case I also do the lowers odd in the gambling where the winning probability is little bit more and also loss will not be the all fund at once.

[Dunamisx]

Some risk are better not taken than when we take it and couldn't afford to bear it consequence, because risk are in different stages and also fall under different category, because once we go for some risk, we may not be able to take a step back from it anymore, this will make it more of an important decision or us to look into it before we go for it, some are not worth it at all, if we can't bear the risk, then e should not take it.

[sompitonov]

If you bet on gambling a single penny that's mean you are taking risk of that single penny. In some scenario the if the size get bigger then you are also taking risk but the difference will be before you do the reponsible gambling and after adding more fund which you cann't afford to lose on that case you are doing the irresponsible gambling.

I always used to do the responsible gambling so I always try to stick with the small fund when I am doing the gambling as well in this case I also do the lowers odd in the gambling where the winning probability is little bit more and also loss will not be the all fund at once.

Of course, it affects our game if we are under pressure from the amount we bet. This is a new and too stressful action for us, so we break out in a cold sweat, our eyes start moving more actively and our pulse quickens. I also don’t want to be in such a state in the game, I want to calmly and thoughtfully make my bets and watch them. In any case, I will accept the results, whatever they are, because I know how to lose. And if I bet a lot, the game will end very quickly and I will obviously not be ready to lose, I might want to continue the game, but there will be no money on the balance.

[alastantiger]

Anyone that is taking risk beyond what they can afford is those people's business though taking risk is not actually bad per say because sometimes one can make it from there while sometimes one can lose a lot from it and the only time i think it is advisable to take risk is when someone have something that can cover the risk they are taking if it doesn't favor them or work as planned. Taking risk when someone knew they can not afford it means stupidity, I mean how will someone start up something that once they lose from it they are going back to square one I mean it is crazy.

That's what everybody that's gambling is doing, they're staking an amount that they know it's as good as gone because the chances of making a profit is so small. Not taking a risk can't be good because then you won't be moving forward in life when you aren't taking risk. It doesn't matter what you're doing because it can be gambling or other things but taking risks has to be made to move your life from where you're now to a better place.

Riks are what evolve you from being a broke or average individual to rich and comfortable. Not taking risks will keep you stagnant, you don't have to lose everything when you're taking risks hence there's something called calculated risks and with that type or risk, you won't be gullible to that much losses but constantly improving your finance.

[Wiwo]

I haven't seen someone who takes a big risk in gambling who tells the story of their risk in a good way that it pays off for others to learn from. What you hear mostly from them is bitter complaints about the big losses they have made in gambling.

Those of us who don't risk much in gambling tell the good side of gambling to be fun. When we tell others about our losses and small wins, people won't feel pity for us instead they will like to gamble like us, with little money, so that they will have many years to enjoy gambling without fear of financial bankruptcy compared to those who risk their money to make a fortune from gambling

Some people have actually made progress from a big risk they took, generalizing it isn't really accurate... everyone's experience with gambling isn't the same and the honest truth is that not everyone is going to win...some people have flipped thousands of dollars and they lost it some have flipped the same amount and they won from it , it's hard to know what the outcome would be so it's best to play it safe

I remember way back in the university what happened to my room mate who was an active gambler way back in school, he was in dear need of a mobile device like an android phone, and at that point in time the only money at hand was his school fees and to that extent he
Risk some amount from the school fees to stake a bet on agame.

He bet with 10,000 naira out of the remaining school fees, if he lose, he wont be able to lay his tuitions fees since the money will be short with 10k but if he wins he walk away with 100k naira, luckily for him, he won the bet and becomes very happy to have taken that risk, he bought a brand new phone and laid his fees, so without risk sometimes there wont be rewards.

[Slow death]

It's always better to take those low-risk opportunities, like the promotions that casinos release every few months. The only downside is that you might get limited by the casinos if you take one too many of their promotions.

Promotions also have requirements that people need to meet, so at the end of the day everything involves risk, the only difference is low, medium and high risks. People need to choose low risks. But they shouldn't bet on games with odds of @1.10, for example, thinking that they are taking low risk because although these types of bets are low risk, in the long run they are not profitable. So in my opinion they are not worth the risk, unfortunately many people don't realize this.

[Akbarkoe]

That's true, it's common, especially among gamblers who are gambling regularly, which means they barely skip more than a couple of days in a week, or most don't even skip a single day. Some of them might have enough patience and discipline to avoid gambling more than they can afford, but most of them would mostly gamble beyond the limits they've set for themselves.

Emotions have brought them there, so they have difficulty controlling themselves and ultimately make them gamble beyond the limits they have set for themselves. Never chase defeat because this will only increase the losses experienced.

It's great if you are able to do that, because most gamblers can't do it. They might try to stay away from gambling after losing more than they were supposed to lose, but they can't do it because of the urge that keeps dragging them back to the casino, and eventually, they give up and gamble again despite the losses they experienced just recently.

My way to stop gambling for a while is to fill my free time with more useful but also fun things. The point is, don't let yourself daydream alone because when we daydream we will only remember the defeat which can ultimately push us back to gambling.

[junder]

Some risk are better not taken than when we take it and couldn't afford to bear it consequence, because risk are in different stages and also fall under different category, because once we go for some risk, we may not be able to take a step back from it anymore, this will make it more of an important decision or us to look into it before we go for it, some are not worth it at all, if we can't bear the risk, then e should not take it.

Sometimes we do have to dare to take risks but we also have to be able to see first what we are defending that requires us to take risks. Now with gambling, this is clearly something that has a definite risk, defeat is a risk and this is real and cannot be avoided, people who take risks in gambling such as betting all the money they have, in my opinion, are people who are desperate because they often do not get the victory they want.

As you said, if you are not ready to bear the risk that will be taken, then it is better not to do it, this does not only apply to gambling but also to other things. When you are going to take a risk, there must be considerations that are prepared.

[|MINER|]

Of course, it affects our game if we are under pressure from the amount we bet. This is a new and too stressful action for us, so we break out in a cold sweat, our eyes start moving more actively and our pulse quickens. I also don’t want to be in such a state in the game, I want to calmly and thoughtfully make my bets and watch them. In any case, I will accept the results, whatever they are, because I know how to lose. And if I bet a lot, the game will end very quickly and I will obviously not be ready to lose, I might want to continue the game, but there will be no money on the balance.

Actually, I will not say that if we bet a lot at once the game will end very quickly I will say that we should bet at that amount we can afford to lose for playing responsible gambling which gives us the entertainment the fun from gambling not the extra stress from gambling.
So I think we need to gamble responsibly, to keep gambling fun and not sad. I mean the fund we can afford to lose that should we take the risk.

[Onyeeze]

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.

I agree with you, anyone who is chasing a big win in the always end losing, so we have to know that gambling is all about understanding, if you understand gambling you will gamble with what you can afford not lose not what you will and start having a remorse, we have to know that, because in gambling we need to have a limit of amount we stake so that when we lose it will not affect us, most people make mistakes by themselves in the gambling because they do not reason properly before they stake on gambling, the people I blame most are the people who borrowed and gamble, why they are not sure of wining and in the gambling you are not sure of any wining

[|MINER|]

I agree with you, anyone who is chasing a big win in the always end losing, so we have to know that gambling is all about understanding, if you understand gambling you will gamble with what you can afford not lose not what you will and start having a remorse, we have to know that, because in gambling we need to have a limit of amount we stake so that when we lose it will not affect us, most people make mistakes by themselves in the gambling because they do not reason properly before they stake on gambling, the people I blame most are the people who borrowed and gamble, why they are not sure of wining and in the gambling you are not sure of any wining

In gambling this is guaranted that you are taking 100% risk of your fund becuase here you can lose all of your fund at once as well you can win but the chances of wining is much lowers than the loss.

And we should keep this in mind every time we gamble, and always make sure that we never gamble beyond our ability to lose. And if we can't do this, then it will be like we will go gambling for pleasure, but gambling will make stress to us.

[lienfaye]

In gambling this is guaranted that you are taking 100% risk of your fund becuase here you can lose all of your fund at once as well you can win but the chances of wining is much lowers than the loss.

Indeed. Not taking risk simply means not playing at all. Because losing is inevitable in gambling regardless how knowledgeable or experienced you're on the specific game. It's part of it and we should be prepared to experience such, otherwise, you might end up as a gambler without control since you're triggered to recover your losses. Thus, it's important to gamble in moderation, just use the amount that you can live without. This way, you can minimize the possibility of becoming addicted.