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.

[LUCKMCFLY]

In casino games, losses are almost certain to come with it, but there is no guarantee of winning, rather the chances of the lost are more than the chances of win, because a casino will never give you money from their own pocket,

I completely agree with what you say about casinos, for me it's a fact that things are like that, personally to know that and mature it I had to go through many processes, because since we are newbies we see things from another point of view, we think that those things are not going to happen to us and that is why we make so many mistakes, always before playing we must be clear about what we are facing.

[ScamViruS]

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.

Easy money always brings danger, earning money is difficult, there is no shortcut to earn a large amount of money easily except hard work. Those who are running after easy earning are the ones who have faced big problems and even got addicted to gambling. Everyone should try to establish themselves through hard work and use their talents in their youth, instead of wasting their lives by getting addicted to any shortcuts.

[Lanatsa]

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.

You do need up to control up your emotions because at the time that you wont be able to do so then this could bring out that kind of potential on experiencing up the worst specially when it comes to financial aspect. It would be always that recommended that you should be that knowing on how to make out such control because gambling is that a game of chance on which heavily relies with luck. If you do make yourself that being impulsive and losing out that control then you are just that basically putting up yourself into such big trouble. There are those times or conditions that you do become that optimistic in towards into your gambling activity just because you've been that hoping that you can be profitable on that day on which this is that a very wrong approach to have. The level of risks would be that entirely be depending on how much is the amount that you can afford to lose and having that limitation and moderation is what you would be mainly needed when dealing up with gambling on which you should be that making use of the amount that you can afford to lose.

You wouldnt be facing any financial problems if you are just that responsible into your actions and not just that hurriedly making up yourself on making money with it because thats not how it works. Gamble for fun and entertainment and never look for something else like taking up some income or source on which most gamblers are trying out to do. If you dont know on having such control then those real life lessons will be able to teach you on on which it will be basing up into those experiences that you would be able to encounter along the way. Its important that you do know on what you are that doing so that you do have at least the idea on what are the steps that you are trying out to follow so that you wont be finding yourself having those potential problems later on specially that involves money. Just be sensible and just be that responsible into the actions that you are taking on, then you would be just that fine and never ever become that delusional when it comes into this aspect because once you would be able to have that kind of positivity then it would be bringing out that kind of desperation into your actions.

[hedgeh0g]

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.

Easy money always brings danger, earning money is difficult, there is no shortcut to earn a large amount of money easily except hard work. Those who are running after easy earning are the ones who have faced big problems and even got addicted to gambling. Everyone should try to establish themselves through hard work and use their talents in their youth, instead of wasting their lives by getting addicted to any shortcuts.

Beginners do not yet understand too much what risk is, because they do not have the proper perception. Only starting from the foundation of the experience in gambling, we can seem to rely on it to take on the risk that we are able to endure. If the player takes over more, then he will simply break under this load. I needed years to at least approximately understand in what situations and how much it should be, this risk. I think that I will continue to get it better and better.

[Fredomago]

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.

Agree to that, even a small chances of winning as long as you deal with it using your knowledge and skills there's a chance that it will happen, you just need to work with it and keep your focus, discipline and allowing yourself to enhance your knowledge from the experience that you gain in each gambling that you made, more on taking time and expanding and exploring with every opportunity that you may have.

[ScamViruS]

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.

Easy money always brings danger, earning money is difficult, there is no shortcut to earn a large amount of money easily except hard work. Those who are running after easy earning are the ones who have faced big problems and even got addicted to gambling. Everyone should try to establish themselves through hard work and use their talents in their youth, instead of wasting their lives by getting addicted to any shortcuts.

Beginners do not yet understand too much what risk is, because they do not have the proper perception. Only starting from the foundation of the experience in gambling, we can seem to rely on it to take on the risk that we are able to endure. If the player takes over more, then he will simply break under this load. I needed years to at least approximately understand in what situations and how much it should be, this risk. I think that I will continue to get it better and better.

That's why before starting anything, you need to at least spend some time researching to know how it actually works. The main problem for beginners is that they start dreaming of doing the same thing after hearing the success stories of others, without proper knowledge.

Over time, people can develop control over themselves if they take the time to gain knowledge. Because only when someone can acquire proper knowledge can they save themselves from going the wrong way, because awareness will be created within them.

[Cookdata]

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.

I think that this depend on the kind of bet you are talking about. I might want to reduce my number of rounds on some certain games but that's not too big on an average bet. If you are using $100 bankroll as OP stated, I think it's okay to say 10% is a safe bet which is $10 and with 5 odds, that's means you will be getting potential $50 profits which is 1:5 ratio on a 10% of your bankroll. Unless we want to consider this as subjective but it's still the same unless we are considering large amounts of money.

What if we consider huge amount of money with 10%, this might be still be subjective in the sense that betting 10% wouldn't look bad. What we should be talking about should be why someone need to be betting 10% of your bankroll. If you are really good in betting, like an average person with minimal lost, even if you bet more than 10% of your bankroll and you win most often than you lose, I don't think there is really a problem with the 10% allocation for wager or stake.

[Odusko]

Agree to that, even a small chances of winning as long as you deal with it using your knowledge and skills there's a chance that it will happen, you just need to work with it and keep your focus, discipline and allowing yourself to enhance your knowledge from the experience that you gain in each gambling that you made, more on taking time and expanding and exploring with every opportunity that you may have.

There shouldn't be risks taking without careful analysis and knowledge of the indebt effect of that risk, this is very important to all to at least make our plans not to go beyond how far their can bear in terms of the risk, and if a gambler gamble with that line of thoughts, he will definitely be above every trouble waters that can come along with the risks and ending up with some great rewards in the end.

[dumpsterhawk]

Agree to that, even a small chances of winning as long as you deal with it using your knowledge and skills there's a chance that it will happen, you just need to work with it and keep your focus, discipline and allowing yourself to enhance your knowledge from the experience that you gain in each gambling that you made, more on taking time and expanding and exploring with every opportunity that you may have.

There shouldn't be risks taking without careful analysis and knowledge of the indebt effect of that risk, this is very important to all to at least make our plans not to go beyond how far their can bear in terms of the risk, and if a gambler gamble with that line of thoughts, he will definitely be above every trouble waters that can come along with the risks and ending up with some great rewards in the end.

That sounds good but I think very few people do things that way. Have you see how people invest in crypto? They read 2 words somewhere and instantly buy something. Knowing risk is probably not the same as understanding it, because people would not engage is extremely risky behavior that doesn't benefit them much.

[summonerrk]

Agree to that, even a small chances of winning as long as you deal with it using your knowledge and skills there's a chance that it will happen, you just need to work with it and keep your focus, discipline and allowing yourself to enhance your knowledge from the experience that you gain in each gambling that you made, more on taking time and expanding and exploring with every opportunity that you may have.

There shouldn't be risks taking without careful analysis and knowledge of the indebt effect of that risk, this is very important to all to at least make our plans not to go beyond how far their can bear in terms of the risk, and if a gambler gamble with that line of thoughts, he will definitely be above every trouble waters that can come along with the risks and ending up with some great rewards in the end.

At the same time, I would say that this gambler will win in the sense that he will not get addictions. And he, at least, will play without debts without getting financial difficulties with the bank or relatives.
As in any business in gambling, it is very important to immediately before the game to determine the goals and what you want to get from the game and the best solution will be to get positive emotions. Setting yourself up for the fact that even if luck is not on my side today, then tomorrow, according to the theory of probability, luck will smile on me.

[TheUltraElite]

I completely agree with what you say about casinos, for me it's a fact that things are like that, personally to know that and mature it I had to go through many processes, because since we are newbies we see things from another point of view, we think that those things are not going to happen to us and that is why we make so many mistakes, always before playing we must be clear about what we are facing.

As newbies it is easy to get addicted to gambling, there is no other outcome. Very few people realize that the reality of gambling is that the casinos will be making the profit in most games. Very few times some one might win big but they rarely are able to sustain it and withdraw to get out of the casino with a green sheet.

Hence risk should be minimally taken in gambling. We should be ready to lose the money that we are putting in it and only gamble for fun.
The more you try to gamble, the more addicted you become and your risk increases many fold.

[Fivestar4everMVP]

Agree to that, even a small chances of winning as long as you deal with it using your knowledge and skills there's a chance that it will happen, you just need to work with it and keep your focus, discipline and allowing yourself to enhance your knowledge from the experience that you gain in each gambling that you made, more on taking time and expanding and exploring with every opportunity that you may have.

There shouldn't be risks taking without careful analysis and knowledge of the indebt effect of that risk, this is very important to all to at least make our plans not to go beyond how far their can bear in terms of the risk, and if a gambler gamble with that line of thoughts, he will definitely be above every trouble waters that can come along with the risks and ending up with some great rewards in the end.

I am in agreement with all that you have said, Risk, or risk level is very important in every thing that we do that involves taking risks, I choose to say "risk level" because risk comes in different levels, and it's our respective job to find out the level of risk we can comfortably take per time depending on how much money we have and whether or not it's money we can afford to lose.

Putting a risk level into proper calculation and making sure we stay at a level that does not throw us off balance financially when things fail to go as planned is one of the ways to indeed stay guided as a gambler, and we a better chance of making big money off gambling than losing big money in that process.