How much risk is it worth taking?

[purple_sparkles]

However, when the risk is well thought out, with limits and strategy, it can even be worth it. The important thing is to know how far you can go without getting lost along the way.

And for you, when does the risk start to no longer be worth it? 

Risk management. Risk management that is what this post is screaming. Take risks but take sensible well calculated and well thought out risks.

Risks should be done because family and friends are doing it. Taking risks in gambling is a personal affair and decision. And the manner in which in gambling differs from one person to another. Take note of this too for new gamblers.

Risk is first and foremost responsibility towards yourself and sometimes towards others. If you are not ready to lose, it is better not to start the game at all. You need to think carefully and set boundaries you are willing to go to, and never bet more than you can afford to lose without harming yourself. There must be control and a clear plan both in the game and in life, and the absence of these is irresponsibility and a childish attitude.

[hedgeh0g]

However, when the risk is well thought out, with limits and strategy, it can even be worth it. The important thing is to know how far you can go without getting lost along the way.

And for you, when does the risk start to no longer be worth it? 

Risk management. Risk management that is what this post is screaming. Take risks but take sensible well calculated and well thought out risks.

Risks should be done because family and friends are doing it. Taking risks in gambling is a personal affair and decision. And the manner in which in gambling differs from one person to another. Take note of this too for new gamblers.

Risk is first and foremost responsibility towards yourself and sometimes towards others. If you are not ready to lose, it is better not to start the game at all. You need to think carefully and set boundaries you are willing to go to, and never bet more than you can afford to lose without harming yourself. There must be control and a clear plan both in the game and in life, and the absence of these is irresponsibility and a childish attitude.

Risk management is also something we need to be able to do, but we won't learn it if we don't try. The main question is whether we can draw the right conclusions from the mistakes we make and whether our deposit will be destroyed to the ground during this time. The thing is that many people want to try to learn this, but not everyone succeeds, because at one moment you can choose the wrong risk to win back past unsuccessful moments and lose everything. Over the long years of gambling, even now I am not sure that I am doing everything right, but uncertainty is what sometimes helps me not to make unnecessary moves, but at the same time I cannot fully open up and miss moments in which I could earn a lot, in general, a balance is needed here.

[sotelorene]

This question comes up all the time, especially when the subject involves money, bets or decisions that can turn out well... or very badly.

Taking risks is part of life. Sometimes it's how we grow, learn and achieve something new. But there are also times when risk can turn into a headache, especially when it comes to gambling.

Is it worth it to gamble without thinking? Or to get caught up in the idea that you'll solve your problems with a stroke of luck? Difficult, right? The truth is that if you're going to take risks, you have to do it consciously. Don't bet what you can't afford to lose.

However, when the risk is well thought out, with limits and strategy, it can even be worth it. The important thing is to know how far you can go without getting lost along the way.

And for you, when does the risk start to no longer be worth it? 

Risk is at different level or stage so are there consequences, there are some risk that can result to financial buoyant I mean someone will be rich for the rest of there life and there are also some risk that can result to lifetime regret, death, poverty etc. So, every or any risk ought to be carried out wisely even though nothing is guarantee but wisdom application will reduce the weight of the... The worst mistake someone will make is to take risk that they can not handle or control if it goes wrong, nothing is certain in gambling so why gambling we should be very careful and have it in mind that loss is paramount and one should not take because of how they trust a particular game selection and risk what they can not afford because it will be to the person detriment.

[hyudien]

..

Simply put for me it is not about how much risk you have to take from gambling but how much money you can afford to lose because that is the main basis when we gamble so the point is when we bet $50 or less, that is the limit of our ability because anything related to gambling is a loss that must be accepted from the start, whether it is in sports betting or other games.

[Dr.Bitcoin_Strange]

What makes you a mature gambler is taking calculative risks not wreckless risks that's capable of damaging you... gambling has a lot of unexpected outcomes so it would be unwise to stake what you cannot afford to lose... There are times that I stake low amounts of money on casino games and win a fair amount but another thought creeps and makes me want to stake high to win more, you just have to control yourself

Like you said, gambling gives unexpected outcomes, it's  about uncertainty and chance, no body has been able to say they will not lose in gambling and never did. You might  wish for luck and yet lose because you are not in control of the outcome, that's what most people fail to realize and they also become greedy to seek a huge win by staking with a huge amount that they can not afford to lose, that's where they create more problem for themselves than they can imagine.

[Proty]

Not everyone would be having this and its true that this might be that a simple trait or behavior but not everyone do have it on which means that application of such control on certain things specially on gambling isnt something that you would be always be that getting to mind on with. When doing gambling then its important that you should be that making use of the amount that you can afford to lose on which its part of the risks management on which you would be needing up to do so that you wont be finding yourself on such tough condition or simply you wont be putting up yourself on unfortunate status. Is gambling that worth to take risks? No its not because this thing was designed for you to have some fun. The only time that risks would be worth is on the time that you would be dealing up with businesses on which this will be bringing out that potential profits on which it could potentially be able to changed up your life status but since we are talking about entertainment or leisure thing then its normal that you would be having that kind of spending.

Emphasising that risk is only worth it when dealing up in business is totally not it because even in business there are also potential of losing one's money.so kicking against taking risk in gambling is wrong but rather one just needs to be conscious while taking risk during gambling and we shouldn't risk with what we can't afford to lose in other not to feel disappointed at the end of the day.so taking calculated risk during gambling is not wrong Moreover it has worked for some people even if not majority.All the same one shouldn't make any impulsive decisions while taking risk during gambling it should be well thought out to avoid taking unnecessary risk and also disobeying rule of gambling which state don't invest more than what you can't afford to lose so what risk we are taking must be in line with this rule.

[MCVXYZ]

This question comes up all the time, especially when the subject involves money, bets or decisions that can turn out well... or very badly.

Taking risks is part of life. Sometimes it's how we grow, learn and achieve something new. But there are also times when risk can turn into a headache, especially when it comes to gambling.

Is it worth it to gamble without thinking? Or to get caught up in the idea that you'll solve your problems with a stroke of luck? Difficult, right? The truth is that if you're going to take risks, you have to do it consciously. Don't bet what you can't afford to lose.

However, when the risk is well thought out, with limits and strategy, it can even be worth it. The important thing is to know how far you can go without getting lost along the way.

And for you, when does the risk start to no longer be worth it? 

The risk is not well thought out , because We don't assess the risks here, they do 

[mak013]

~

And for you, when does the risk start to no longer be worth it? 

When i prepared to the game, i planned everything. Sum, i ready to lose, bet size, recalculating bet size rules, predictions connected with odds, etc. May be i was lucky and i began to win from the beginning, but i had a plan for losing.
I prepared bankroll for 3 months. If i would lost it - i planned to stop for a half a year to correct strategy and to get money for new start.

[madnessteat]

Not everyone would be having this and its true that this might be that a simple trait or behavior but not everyone do have it on which means that application of such control on certain things specially on gambling isnt something that you would be always be that getting to mind on with. When doing gambling then its important that you should be that making use of the amount that you can afford to lose on which its part of the risks management on which you would be needing up to do so that you wont be finding yourself on such tough condition or simply you wont be putting up yourself on unfortunate status. Is gambling that worth to take risks? No its not because this thing was designed for you to have some fun. The only time that risks would be worth is on the time that you would be dealing up with businesses on which this will be bringing out that potential profits on which it could potentially be able to changed up your life status but since we are talking about entertainment or leisure thing then its normal that you would be having that kind of spending.

Emphasising that risk is only worth it when dealing up in business is totally not it because even in business there are also potential of losing one's money.so kicking against taking risk in gambling is wrong but rather one just needs to be conscious while taking risk during gambling and we shouldn't risk with what we can't afford to lose in other not to feel disappointed at the end of the day.so taking calculated risk during gambling is not wrong Moreover it has worked for some people even if not majority.All the same one shouldn't make any impulsive decisions while taking risk during gambling it should be well thought out to avoid taking unnecessary risk and also disobeying rule of gambling which state don't invest more than what you can't afford to lose so what risk we are taking must be in line with this rule.

Unlike gambling, our actions in business have a much greater impact on the outcome, so I personally believe that this type of risk is more justified. In addition, in business we have many more tools to reduce risk without losing potential profits compared to gambling. If we add to this the fact that gambling has a negative mathematical expectation, then the risk in gambling compared to the risk in business is irrational, no matter how much we would like to think otherwise.

[Mpamaegbu]

But there are also times when risk can turn into a headache, especially when it comes to gambling.

Risk will turn into headache when you over expose yourself to it. Risking moderately what you can afford to lose won't cause any headache or unnecessary adrenaline pump. You will accept it as one of such things if loss occurs.

However, when the risk is well thought out, with limits and strategy, it can even be worth it. The important thing is to know how far you can go without getting lost along the way.

Any gambler who thinks this way is a conscientious gambler. They won't get into bad angle with their gambling habit. This is because they will first define their risk before venturing into it. This is what every shrewd person in business does or is expected to do.

And for you, when does the risk start to no longer be worth it?

For me, risk won't worth it anymore when it gets one in an uncomfortable position of apprehension or glued to one's device for bet results. If it looks like this, the risk isn't worth taking.

[Akbarkoe]

Everyone has different financial capabilities, but keep in mind that even so, not everyone is able to accept the defeat they experience, therefore before starting to gamble it is a good idea to always make sure that we gamble with an amount of money that we are able to bear the loss. and just a suggestion, never gamble with an amount of money that is clearly intended, such as money that you should use to meet your needs, you use that money to gamble. because besides the possibility that you will lose the money, it can also cause very deep regret in yourself, because you cannot meet the needs that should be met if you do not start gambling. Worse still, it can also be a reason to gamble again in the hope of covering all the losses that have been experienced, this can trap you in an endless gambling cycle.

[DaNNy001]

If you want the risk to be in your favor, you need to play for a small bet with a large odds. Of course, this is worth doing only if you can collect parlays that can bring you winnings. I do not see the point in risks that can quickly take a large amount of money from me, if there are such risks, then this can most likely happen, and I am not ready for this and consider this an unreasonable decision. But if I risk a small amount of money with a large odds and can win a good win, then such risks will play in my favor, this suits me and I think it is reasonable.

The chances of winning Small bets with large odds is very low and most times it happens once in a blue moon..if you hope to win such a bet you must be patient, although some people don't really need to try multiple times to get it, they get lucky from one or two trials...most bettors and gamblers feel that it's more strategic to go for low odds with large stakes but overtime I've learnt that this risk isn't worth taking

[imamusma]

If you want the risk to be in your favor, you need to play for a small bet with a large odds. Of course, this is worth doing only if you can collect parlays that can bring you winnings. I do not see the point in risks that can quickly take a large amount of money from me, if there are such risks, then this can most likely happen, and I am not ready for this and consider this an unreasonable decision. But if I risk a small amount of money with a large odds and can win a good win, then such risks will play in my favor, this suits me and I think it is reasonable.

Almost everyone would probably say they prefer small risks with big profit potential. However, we often see and sometimes experience the opposite, and I think every gambler must have been careless and fooled by the chances of winning. In Parlay betting, for example, although surprises can occur in a match, we are often tempted because we know the chances of winning are relatively low. The measure of risk that we should take in betting is not really on how big the chances of winning will be, but how ready we are to lose the money that is bet.

[Fredomago]

And for you, when does the risk start to no longer be worth it? 

We learn something from taking risks. Perhaps that is the benefit we get. Just look around and see that those who take more risks improve their lives, while those who are afraid and take fewer risks remain poor. This will tell us that taking risks is dangerous, but the returns are also great.
To answer the question, "How much risk is worth taking?" As long as we benefit from it, that is worthy enough. You'll somehow realize why we take risks every day. This is not just a part of our lives, but it also plays a crucial role.

Good point you need to go out from your comfort zone and take the risk if you want to improve more, like what you said those who took that risk are the one that have better success compared to those who are just content with what they've already got, I like the point that you need to see and experience  things kn order for you to assess what things should be  continued to take in terms of risk.

[Sandra_hakeem]

Is it worth it to gamble without thinking? Or to get caught up in the idea that you'll solve your problems with a stroke of luck?

What in the world can you do without proper thoughts and validations -- at the, least from your own self?? How do you begin a purposeless journey? It's not even going to be a waste of resources alone, it'll be pointless. And doing shit like this, expecting to get lucky at the end of the day is wild.

However, when the risk is well thought out, with limits and strategy, it can even be worth it.

That's also possible.

So, what's this risk we keep talking about?? The chances of not hitting a higher success point, even with thousands of tries. You could get caught up in a particular pattern (picking up random bets without zero effort in simulation is also a pattern) for as long as you keep repeating the same thing. The casinos aren't stupid enough to put those odds in any position that can be selected at random.
My conclusion on this would be -- more risk, less work. More work, less risk.

[KTChampions]

~
And for you, when does the risk start to no longer be worth it? 

It is obvious that when subsequent wins do not seriously change the "satisfaction" of your win, and a possible loss destroys your profits. For example, if you win a million dollars and this is a sum that changes your life, then there is no point in risking further, since even if you win another million, it will not be much different from "where you get" with one million. But if you lose (by continuing to bet) the million you won, you will completely destroy the opportunity to change your life. Accordingly, the choice is simple: risking something very important for the sake of minor changes does not make sense. This is where the risk becomes unjustified.

[radjie]

Taking risks is part of life. Sometimes it's how we grow, learn and achieve something new. But there are also times when risk can turn into a headache, especially when it comes to gambling.

In trading, taking risks is the best way to achieve success, where we will learn to overcome failure and continue to improve it. However, in gambling, taking risks can be a boomerang in itself to bring defeat closer, although sometimes it can be successful of course based on luck. Therefore, gambling will be better if you are able to decide to take a lower risk than taking a very big risk in the hope of getting a bigger win that we may not be able to achieve.

[lionheart78]

Is it worth it to gamble without thinking?

Doing anything without thinking often ends up in a bad situation.  That said, it is not worth doing anything without thinking even in helping people, we need to think how it will affect us, what more in gambling.

Or to get caught up in the idea that you'll solve your problems with a stroke of luck? Difficult, right? The truth is that if you're going to take risks, you have to do it consciously. Don't bet what you can't afford to lose.

It is an SOP when dealing with risky activities like gambling, we must only bet what we can afford to lose, this has been reminded a million times here in the forum.

However, when the risk is well thought out, with limits and strategy, it can even be worth it. The important thing is to know how far you can go without getting lost along the way.

I agree, we need to keep our mind sane.  We can do this by controling all things about gambling. I don't know about the strategy since gambling result is random, probably it is worth looking at how we will manage our bankroll so that we can maximize our bankroll with minimal fund.

And for you, when does the risk start to no longer be worth it? 

Risk is no longer worth it if we lose control of ourselves and become problem gamblers.

[Crypto Library]

In my personal point of view I think that we have to keep this in our mind that we take risk in gambling for the entertainment not making or generating the money as a income source. And every bucks we stake here are on risk we can lose all of that or win some more money that's means it is fully depends on our luck. So it will be fully foolishness if anyone taking the risk in gambling beyond of his affordability.

[Fivestar4everMVP]

~
And for you, when does the risk start to no longer be worth it? 

It is obvious that when subsequent wins do not seriously change the "satisfaction" of your win, and a possible loss destroys your profits. For example, if you win a million dollars and this is a sum that changes your life, then there is no point in risking further, since even if you win another million, it will not be much different from "where you get" with one million. But if you lose (by continuing to bet) the million you won, you will completely destroy the opportunity to change your life. Accordingly, the choice is simple: risking something very important for the sake of minor changes does not make sense. This is where the risk becomes unjustified.

Risking what is very important for a silly thing or what is considered Minor is often a very big mistake that most people make, especially gamblers, a very good example is the man who lost around $1.4 million dollar betting on a game with 1.01 odds with a potential win of just $11k, this was something we discussed on this forum and on this board some time last year or earlier.

It is one of the most important thing for gamblers to know the different levels of risk and know what level of risk is really worth taking, like I've said before in my previous comment, some risks come with really good reward while others come with low reward, knowing the risk level and whether the reward is worth the risk is very important.