How much risk is it worth taking?

[Fredomago]

It seems so easy to just accept that there is no easy money in life, yet so many people are unable to do it..

Those who choose to make easy money, the risk is too high, so it is better to find money through hard work, the harder the work, the higher the reward. In this regard, this even applies to betting and gambling in casinos Everything requires analysis and concentration Even so, it is difficult to win, You have to be very lucky to win effortlessly, and if it happens, it is like 1 time in 100.

Looking for easy and fast money have the highest level of risk this time it flight risk for them, since they will eventually lose all the money they are aiming to gain in the first place for example someone with a gambling bankroll of $100, and instead of taking out $20 to $50 to gamble low and consistently, and he becomes greedy wanting to hit the bigger amount in winning, that staked the whole $100 without looking back, such a person will possibly lose all his bankroll and blow off his balance in just one bet which is too much of a risk to take for whatever reason.

A small mistake can cause everything, that's how gambling works the level of risk needs to be consider and like you said if greed dominates chance of losing everything will follow, most of the time those experienced gamblers do understand how big is the risk that's why they alloctes certain amount of money or portion of their bankroll but those who are not capable of controlling their emotions chances of losing everything is not by far.

[Odusko]

A small mistake can cause everything, that's how gambling works the level of risk needs to be consider and like you said if greed dominates chance of losing everything will follow, most of the time those experienced gamblers do understand how big is the risk that's why they alloctes certain amount of money or portion of their bankroll but those who are not capable of controlling their emotions chances of losing everything is not by far.

Risks have to be managed most effectively, and f we don't calculate the risks, we shouldn't be taking it in the first place, since risks management is an essential aspect of taking the risks at all, just as you rightly said any mistakes can take us back to an unexpected position at the end since some risks are not worth taking if we clearly calculate their level of tendency of producing negative result.

[I_Anime]

A small mistake can cause everything, that's how gambling works the level of risk needs to be consider and like you said if greed dominates chance of losing everything will follow, most of the time those experienced gamblers do understand how big is the risk that's why they alloctes certain amount of money or portion of their bankroll but those who are not capable of controlling their emotions chances of losing everything is not by far.

Risks have to be managed most effectively, and f we don't calculate the risks, we shouldn't be taking it in the first place, since risks management is an essential aspect of taking the risks at all, just as you rightly said any mistakes can take us back to an unexpected position at the end since some risks are not worth taking if we clearly calculate their level of tendency of producing negative result.

Some folks don't usually calculate their risk before taken it, they always learn from the outcome of that risk they took , because of this mindset the higher the risk the higher the return. I have been there and it doesn't usually ends well .

Most time usually end with regret , taken proper risk will give enough space to learn , due to poor risk management that's some people still go all in , in gambling they don't think about the risk that's attached to taken such Action .

[Odusko]

Some folks don't usually calculate their risk before taken it, they always learn from the outcome of that risk they took , because of this mindset the higher the risk the higher the return. I have been there and it doesn't usually ends well .

Most time usually end with regret , taken proper risk will give enough space to learn , due to poor risk management that's some people still go all in , in gambling they don't think about the risk that's attached to taken such Action .

Those that take risks without calculation are just gambling blindly thinking that gambling depends entirely on luck, and instead of taking gambling for what it is and not to risk a dime without adequate calculations and knowledge level that gives guaranteed winning even though there is nothing like guaranteed winning, but at least something that put you closer to winning, that is what calculated risks taking means.

[BITCOIN4X]

~Snip

Risks have to be managed most effectively, and f we don't calculate the risks, we shouldn't be taking it in the first place, since risks management is an essential aspect of taking the risks at all, just as you rightly said any mistakes can take us back to an unexpected position at the end since some risks are not worth taking if we clearly calculate their level of tendency of producing negative result.

In gambling, at least you will feel good if you have 3 chances. I mean, if you have $100 as a gambling budget, then use 30% of it first and the other 2 parts can be a source of budget for the next try. Gambling is a game of chance, sometimes lucky and win and sometimes lose, so when we have 3 chances to try then the chance of winning can increase.

Managing risk in gambling feels difficult and easy, it is not easy, sometimes it is not difficult. The main problem lies in each gambler and it is about how consistent they are in maintaining the gambling rules they have made, but usually gamblers are very easy to break their own rules. Even if they set a budget limit, they can still break it and try their luck greedily.

[tvplus006]

In gambling, at least you will feel good if you have 3 chances. I mean, if you have $100 as a gambling budget, then use 30% of it first and the other 2 parts can be a source of budget for the next try. Gambling is a game of chance, sometimes lucky and win and sometimes lose, so when we have 3 chances to try then the chance of winning can increase.

You risk losing your bankroll after 3 unsuccessful attempts.
The lower the rate, the lower the risk of losing your deposit. And it would be wise not to bet more than 10% of your bankroll, which will allow you to continue to stay in the game, even despite a prolonged series of defeats.

[salad daging]

In gambling, at least you will feel good if you have 3 chances. I mean, if you have $100 as a gambling budget, then use 30% of it first and the other 2 parts can be a source of budget for the next try. Gambling is a game of chance, sometimes lucky and win and sometimes lose, so when we have 3 chances to try then the chance of winning can increase.

You risk losing your bankroll after 3 unsuccessful attempts.
The lower the rate, the lower the risk of losing your deposit. And it would be wise not to bet more than 10% of your bankroll, which will allow you to continue to stay in the game, even despite a prolonged series of defeats.

$100 is a large amount, so the potential for loss is greater because the chances of winning are usually slim, so don't dare to spend so much in gambling.

Yes, the lower the value, the lower the risk, but the more dissatisfied with the game for a while because it has a small value and that's what I feel myself - so I understand this very well and have to get used to small values ​​to gamble so as not to experience big losses.

[Fivestar4everMVP]

In gambling, at least you will feel good if you have 3 chances. I mean, if you have $100 as a gambling budget, then use 30% of it first and the other 2 parts can be a source of budget for the next try. Gambling is a game of chance, sometimes lucky and win and sometimes lose, so when we have 3 chances to try then the chance of winning can increase.

You risk losing your bankroll after 3 unsuccessful attempts.
The lower the rate, the lower the risk of losing your deposit. And it would be wise not to bet more than 10% of your bankroll, which will allow you to continue to stay in the game, even despite a prolonged series of defeats.

Betting 10% of your bankroll on every bet is also unwise, very unwise to me because what this means is that you only have 10 bets or spins (depending on the type of gambling game you are playing) that ends in a consecutive loses to completely end up with an empty bankroll.

Betting this amount of money can maybe be profitable if in a couple of bets or spins, you win an amount that more than doubles of triples your entire bankroll, even at this, you will still have to maintain that particular amount of money you have been spending on eat bet or spin, or you still risk losing your bank easily if you continue to maintain spending 10% on spins or bet and you hit a long losing streak.