It’s not about the staked amount, It’s the missed payout that hurts every bettor

[Agbamoni]

Today my friend was angry after Tottenham nearly won against PSG in the Super Cup final. They were wining 2 goals up till 80 minutes but in the last 10 minutes PSG equalized while winning the final after the Penalties were taken.

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

[adultcrypto]

Today my friend was angry after Tottenham nearly won against PSG in the Super Cup final. They were wining 2 goals up till 80 minutes but in the last 10 minutes PSG equalized while winning the final after the Penalties were taken.

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

That your friend looks like you because I can sense pain in this post

Cashout option would have actually saved the situation but you know, overconfidence and greed work hand-in-hand in gambling and that was exactly what played out. Betting on Tottenham to win already require some balls and holding on to the bet when cashout of massive profits have been offered is definitely greed which is not entirely bad in gambling though because it has helped me avoid cashing out a winning ticket.

[GiftedMAN]

I remember being in a similar situation sometime when I was shown a cash out but I refused taking it simply because the team I predicted to win was leading 2:0 against their opponent but at the end the game ended 2:2 draw and I lost everything. It's a very painful thing for a gambler but then it is important we understand that gambling is a risky business if you have any opportunity to recover your capital and get some reasonable amount as profit it's better you don't wait to win the potential amount unless you are ready to accept by outcome at the end of the game cause anything can happen before the final whistle in football games.

[Josefjix]

Your friend is still learning how to be less anxious while loosing a bet and he ought to know that betting is never a guarantee winning for bettors as other people had already think, it must surely fail.

Loosing the stake amount is not always the problem because it's too little to what had been credited if he wins, this illusion is very strong and I know he'll act the same way he did today, another day even more, it's just like that.

[kotajikikox]

Today my friend was angry after Tottenham nearly won against PSG in the Super Cup final. They were wining 2 goals up till 80 minutes but in the last 10 minutes PSG equalized while winning the final after the Penalties were taken.

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

Yes, after all we risked that amount knowing the possibility that we were gonna lose it. Because we know that there’s also the possibility of winning a specific amount of money. It’s even a lot more painful because he thought he was gonna win up until the last 10 minutes.

[Lida93]

Cashout option would have actually saved the situation but you know, overconfidence and greed work hand-in-hand in gambling and that was exactly what played out. Betting on Tottenham to win already require some balls and holding on to the bet when cashout of massive profits have been offered is definitely greed which is not entirely bad in gambling though because it has helped me avoid cashing out a winning ticket.

Considering the time left for the match to end I wouldn't agree on this very one that it was out of greed that made the OP friend/colleague to not use the cash out when he can. 2 goals up when your selected team is winning with just 10 minutes left to end the game, nearly all sports betting gamblers would hesitate to take action by agreeing to cash out and this is no greed in particular but confidence base on the chances in-between with the time left.

[danherbias07]

Oh yeah, that hurts a lot.

It's when we are expecting that we are going to win, and it showed while we are watching the game, when suddenly, bad things will happen. I think this happened to me many times. Buzzer beaters and sudden star player injuries. Those could also be reasons why the game will suddenly shift to the other side.

No worries, though, his nagging will probably stop after a week. He needs to forget it or else it will consume him, making bad decisions on his bets while he is still emotional.

[Odusko]

Your friend is still learning how to be less anxious while loosing a bet and he ought to know that betting is never a guarantee winning for bettors as other people had already think, it must surely fail.

Loosing the stake amount is not always the problem because it's too little to what had been credited if he wins, this illusion is very strong and I know he'll act the same way he did toda5in another day even more, it's just like that.

True a d we can easily discover that he is still a nobe in gambling and sport betting, he also have emotional attachment to his betting and that is not a good way to gamble most especially in sports bets that comes with high risk of not knowing which team will win until the final whistle is blown, gambling is not what we can overlook and assume things, and leading with multiple goals is not enough to conclude that a team will definitely win the match most especially if the goals merging is not that much and there still a enough time in the game just like this PSG own case who came from behind to winning the match in the end.

[acroman08]

This is what is called "near miss", which is very common in every type of gambling. And yeah, I understand the frustration someone feels when they experience it, since I have experienced it a lot, and it is annoying, especially if it happens multiple times in one gambling session. If you ask me, your friend expressing his frustration about that bet is a good thing, it is a great coping mechanism to get his frustration out of his system.

[rachael9385]

Today my friend was angry after Tottenham nearly won against PSG in the Super Cup final. They were wining 2 goals up till 80 minutes but in the last 10 minutes PSG equalized while winning the final after the Penalties were taken.

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

My mentality about gambling is, until that money goes into my account I'd take it that it isn't mine. I learnt how to move on because I know that nagging and complaining about what would have been isn't going to change anything. I don't get pained when I lose a potential win because In my mind it's not real. Personally my stakes matter to me more than the amount of money that I might win

[Alphakilo]

The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

If he had used the cash-out option maybe he would feel only a little pain as there would be some consolation that from the cash-out money. If I were him, how I would feel in this situation would have long be decided way before the start of the match. And other noteworthy point is that if this particulart parson has any symptom of gambling addiction, the pay of seeing his potential payout vanish is enough trigger for him to justify chasing his loss which would leave him in a circle.

Gamble with the money you know that you can afford to lose and do not have much expectations of potential winnings until you have it in your hand or bank account.

[adultcrypto]

Cashout option would have actually saved the situation but you know, overconfidence and greed work hand-in-hand in gambling and that was exactly what played out. Betting on Tottenham to win already require some balls and holding on to the bet when cashout of massive profits have been offered is definitely greed which is not entirely bad in gambling though because it has helped me avoid cashing out a winning ticket.

Considering the time left for the match to end I wouldn't agree on this very one that it was out of greed that made the OP friend/colleague to not use the cash out when he can. 2 goals up when your selected team is winning with just 10 minutes left to end the game, nearly all sports betting gamblers would hesitate to take action by agreeing to cash out and this is no greed in particular but confidence base on the chances in-between with the time left.

If you watched the matched, you would have noticed that Tottenham changed from being on the attack which was working for them to defending which increased the pressure on them and when the first goal entered, they became confused. The moment they made that decision to defend, and by that time people who played them were offered cashout of over 80% of the total win already, without greed my brother, I will take my money and go. It is wisdom that wins bet because with wisdom, you can be wrong and still be a winner.

[Ivystar5]

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

Yeah it's going to hurt so much because he watch the game and was too emotional about it, basically the only thing that lead to the high hurt feelings was because he gave himself a false hope, in gambling, infact in life generally I have a rule not to believe an expected money is mine because there is still a possibility that it won't be mine anymore, so untill you have it you don't have it yet. That your friend must have forgotten or not realised.

It's not about stakes sometimes but the planned or designed expectations that leads to frustration because one must have planned how to spend the win with high hopes that odds are with him yet get disappointed that is the major point of pain.

[Miles2006]

This situation is understandable, this is not about greed or winning by all means instead Tottenham dominating the match at a close time range gives full hope to wait before cashing out everything. Few might ask why not cash out before the end result meanwhile not all casino will provide this option on time mostly when winning, the friend of yours might have witnessed same condition.
This is the reason we should not trust football teams completely not minding the team status, can you imagine people are ready to go all in for big teams knowing fully well this team can decide not to performance as expected for example no one had the thought Tottenham will bottle it at the end.

[Mr Reporter]

Today my friend was angry after Tottenham nearly won against PSG in the Super Cup final. They were wining 2 goals up till 80 minutes but in the last 10 minutes PSG equalized while winning the final after the Penalties were taken.

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

Op this remained me then for finding myself in such position before and it was more like the agony of almost winning! Which might relate to that your friend who was upset, maybe it was not just the amount lost, but about payout that slipped away was the case, i guess from what i have learned so far and psychologists i think the impact of seeing the potential win turn into loss can cause uncertainty damage to the brain's, especially when the game was in their favour for long time, it almost kind of an anticipations and expectations of winning which make the loss feel more significant, as humans i have come learn that our feelings can be sometimes frustrating and it still not uncommon for people to feel more emotional about the potential profits they didn't get than the actual amount they wagered.

[Felicity_Tide]

~snip

While he was expressing his anger, another colleague told him to stop nagging over a small staked amount he lost, he didn't stopped still. That made me to understand that its rarely about the amount that was staked. The real pain of losing comes from watching the potential payout vanish knowing you would have been profitable. That amount you've seen on the platforms when the game was going well, feels like you already had it in your bank account. Only for you to lose it, hurts more than the amount wagered.

I had the same crazy experience when I booked the PSG vs Chelsea game for the FIFIA Club world cup finals. Games where you bet on expected goals are quite different from those that are based on straight wins, or loss, or even draw. I was expecting 4 goals from that game, Chelsea where able to give me 3, so waiting for 1 more goal wasn't a problem since any of the sides could just give me. Fortunately for me at that point, I had a cash out, but I was just too convinced that a late goal might come in. But unfortunately, I lost far more than what I staked as both teams failed to score one more goal that I needed.

The thing is, whether a payout option favors us or not, we all will definitely have something to complain about, and it is natural. You can never know when to just cash out because there might be a chance of winning something big if everything goes as stake.

[Odusko]

This situation is understandable, this is not about greed or winning by all means instead Tottenham dominating the match at a close time range gives full hope to wait before cashing out everything. Few might ask why not cash out before the end result meanwhile not all casino will provide this option on time mostly when winning, the friend of yours might have witnessed same condition.
This is the reason we should not trust football teams completely not minding the team status, can you imagine people are ready to go all in for big teams knowing fully well this team can decide not to performance as expected for example no one had the thought Tottenham will bottle it at the end.

Sport betting is best enjoyed when you cashout at list 70% of your total winnings, when the match was at 60-70 minutes in play, he should have cashed out in my own opinions, regardless of how domination that Tottenham may have all through the game time, knowing fully well about PSG capabilities, for me he really acted like a newbie that he is at that point by not taking the right step at the right time there by losing it all at the end.

[Charles-Tim]

Is he a fan of Tottenham? That can also cause it.

If he is not a fan of Tottenham, I will still think that he might stakes high amount of money on the match which could have caused him to be pained about it.

Expect anything like this in football. There are times that bettors would win at the last minute like during extra time. It has happened to me very well before.

[baeva]

Is it about the payout? He's definitely not a Tottenham fan, is he? Because if that's the case, it would explain why he was so angry, as it's really frustrating to win throughout the entire match and then lose your advantage at the end. I think it's not so much about the bet as it is about the situation itself, because it really was unexpected.

[GiftedMAN]

This situation is understandable, this is not about greed or winning by all means instead Tottenham dominating the match at a close time range gives full hope to wait before cashing out everything. Few might ask why not cash out before the end result meanwhile not all casino will provide this option on time mostly when winning, the friend of yours might have witnessed same condition.
This is the reason we should not trust football teams completely not minding the team status, can you imagine people are ready to go all in for big teams knowing fully well this team can decide not to performance as expected for example no one had the thought Tottenham will bottle it at the end.

Sport betting is best enjoyed when you cashout at list 70% of your total winnings, when the match was at 60-70 minutes in play, he should have cashed out in my own opinions, regardless of how domination that Tottenham may have all through the game time, knowing fully well about PSG capabilities, for me he really acted like a newbie that he is at that point by not taking the right step at the right time there by losing it all at the end.

The reason why the bookies brought the cashout option was to make bettors not to lose completely but sometimes overconfidence can make bettors lose out completely it's not really greed but overconfidence cause some bettors mostly have this confidence that the last game or the remaining games would be successful ĺike the rest. Anyways if the OP friend bet with his spare money then he should have nothing to be angry about