Expected gain or expected loss?

[bettercrypto]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

We can't expect to win without losing when we play in any casino, right? Though, all gamblers really aim to win in gambling as much as possible. But in reality, the majority usually lose.

However, many still return to gamble because of their positive belief that one day they will also experience luck, where they will go home with a big winning from gambling
something that shouldn't be believed in my opinion. It's better not to expect.

[Yaunfitda]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

There is no doubt that both are important, you really need to take care of your bankroll first and then see how it goes for you. Specially if you betting in the long-term. Let's say you put a $200.00 bankroll for your NBA betting. So if you go and unlucky in the beginning you might be down -50%. But still though you have a fighting chance with your remaining money so now you should be looking at your expected profit and at least make it break even. So just play around with your capital and then see if you can tip the balance for you. If yes then good, you are in the profit side already. But it not, then back out again and protect your capital at all cost.

[Ishicryptic]

I have heard this phrase from many wise gamblers "hope to win but expect to lose" the statement looks somehow pessimistic but that is the reality about gambling. If your main focus is about winning but not considering what it will likely cost you to win you might go bankrupt in your desperation to achieve your aim. Since you don't know when you can get the breakthrough it is better to always use amounts that you are comfortable to loose for your gambling. You need to be lucky before you can win and you don't know when your lucky day will be so try to always gamble responsibly.

[libert19]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.

I expect loss, I consider amount I am betting gone. This is why I never bet big amounts that could make me lose my sanity, and imo in gambling everyone should think about losses first and never a win and there will be no disappointment.

[avp2306]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

Expect to gain since this give you motivation to continue, but exert some effort to do some strategy that can possibly make you avoid losing lots of money.

If you have that expectation that you eventually lose your money then for sure that you will not last any long and you won't enjoy gambling since what already set up on your mind that whatever things you do you end up losing.

Although its good to be aware on those consequences but there are some sort of strategy that can help us to win or secure our winnings if it happens that we are currently on lucky streak.

[woez]

I think the kind of mentality we have to possess should.....

Expect the unexpected.   

  . That nice and warm joke. Yeah. We always want to experience that feeling, especially when we get a benefit we never predicted, whether it's luck, luck, or something else, but it's quite enjoyable.

But sometimes, another unexpected thing we experience is when we make a wrong move due to being overconfident and a little hasty in making a decision.

But that's normal if we're tough fighters.

[Mahanton]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

We can't expect to win without losing when we play in any casino, right? Though, all gamblers really aim to win in gambling as much as possible. But in reality, the majority usually lose.

However, many still return to gamble because of their positive belief that one day they will also experience luck, where they will go home with a big winning from gambling
something that shouldn't be believed in my opinion. It's better not to expect.

Most gamblers focus on the dream of profit the image of that one big win that changes everything but very few take the time to think about the part that actually decides how long they can stay in the game the losses every bet has two sides and the smart players are the ones who spend more energy understanding the downside because survival in gambling is not about how much you win it’s about how long you can keep playing without going broke.

Loss management becomes the real skill behind every gambler who lasts long term they set limits before they even start knowing exactly how much they can afford to lose and once that amount is gone they stop no matter how close a win might seem that control separates gamblers from dreamers because the game will always promise another chance but only discipline gives you the ability to take it. Chasing only profit builds false hope that one day luck will swing hard enough to erase all the losses but that rarely happens most people lose more by believing they are due for a win instead of accepting that gambling is unpredictable and built for the house to win the more you expect the more disappointment grows and the more dangerous the game becomes.

[Outhue]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

The smart ones will think about how much they can lose more than they can win, because winning consistently is impossible in gambling, but losing is a normality, I have learn to expect loss more than win and I only feel spooked after losing times have become too significant to notice.

Even if I keep losing for a week straight all I do is take a brake for a while and come back later, this have always work for me, casinos have a higher advantage of making money off everyone, people should take this part very seriously, and this is why it is better to always risk what you can afford to lose only, you can never tell if what's waiting for you next is to win or lose.

[KTChampions]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

In order to play reliably without sacrificing profitability (if you are profitable at all), i.e., in order for your deposit to grow at an optimal pace, you need to use the Kelly criterion. Using this criterion solves two problems mentioned above at once: theoretically, when a winning streak occurs, you have enough funds to take advantage of it, and when a losing streak occurs, you do not risk so much that you could lose your deposit.
I can't say that I always adhere to this, but when I evaluate a bet, I think about it in the long term, as if it were not a separate one, but a super multiple.

[Achalugo BTC]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

That's human nature, it's have hard for gamblers not to chase their losses but it's essential for them to learn how to know their emotions because in gambling anything can happen, one can either win or loss and it's certain that your loss might be higher than your wins.

But with self-control one can be able to balance their emotions and can able to detect when to quit or stop when gambling especially if their losses are more than winning, because this helps in avoid getting addicted.

[mak013]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

Profit is something that you mustn`t think about. You have to concentrate on your analyze, your strategy, money management... I never think how much i can win or lose, it doesn`t matter if your strategy and analyze are ok. I`ve got lose streaks, i`ve got weekly loss few times, but it doesn`t matter - i`ve never got monthly negative profit/loss balance.
Just calculate your bet size as some percent of your bankroll and don`t change it from bet to bet.
PS. Time to time you ought to recalculate your bankroll - withdraw some money and recalculate bet size. But between these calculations, you don`t change bet size.

[bakasabo]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

Isnt that size of a deposit people made? Isnt that the rules of gambling? "Deposit only amount you can afford to lose". Deposit is a maximum of what we can lose. Or that is only how I see gambling. If I deposit $100, win $500 and lost them, then for me I have lost $100 this evening, not $500. I think I am on a side of "expected gain", as I already know how much I will lose this evening, and I have an amount when I will start thinking about withdrawal (that is usually x2 of my deposit, if I double it, I quit).

[Charles-Tim]

If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

Sometimes I just have the fun a little and use just all my weekly bankroll for gambling to gamble on just one game at once. It can be up to 2 to 3 odds. If I win, I will withdraw all the money including the profit, but if I lose the money, that is it, I can afford to lose it.

Sometimes I may want to spend more time gambling but not all the time.

Yesterday I bet on Chelsea to win and and Bayern to win first half that bets was 1.91 odds in total and I won the money and withdrew the money immediately the match was over and won the bet. It was fun also.

[Nahl]

Every gamblers in this world had the same feeling that everytime want to starting gambling certainly most of us want to won some money and there were no gamblers who want to gamble because want to wasting their money or to lose that's why some gamblers have dreaming someday they can gets the jackpot from gambling

For me personally expected loss is good because in my opinion this is important that while gambling we should be prepare to lost because if the people can be discipline to these behaviours i think they can able to managed their bankroll with very well so, gambling is not about how to won the money but as a gambler we should be accept our loses and not attempt to recover it

[GIF-JOBS]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

We can't expect to win without losing when we play in any casino, right? Though, all gamblers really aim to win in gambling as much as possible. But in reality, the majority usually lose.

However, many still return to gamble because of their positive belief that one day they will also experience luck, where they will go home with a big winning from gambling
something that shouldn't be believed in my opinion. It's better not to expect.

I agree with you, it is better not to expect in gambling, try to enjoy it only for a short time, here winning never comes as expected, rather if you expect it here, it causes more losses. There are many who, if they win once or twice, their confidence increases, and they think, now a bigger win will come. This kind of mistake makes people make the same mistake again and again, but this is what needs to be controlled, not the hope of a big win, rather the reality needs to be accepted and gambling should be limited.

[Strongkored]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

Every time I make a deposit, I always prepare myself to accept the loss, because it is not easy to withdraw money from the casino due to several things including our own greed that is not satisfied with the results that have been obtained so that we end up losing all the money that has been obtained, but the important thing is to think that when I lose, it is the money that is deposited that is lost, there is no need to count the profits obtained because in my opinion, profits will be called profits when we have withdrawn the money.

[masulum]

I wouldn't think about expecting to lose when gambling. Why would I waste money if I only expect to loss? Of course, gambling still involves the hope of doubling my money, but if that doesn't happen
- how can I deal with those losses?
- Should I stop before my balance runs out, or continue until I lose all my money? and,
- what will I do if I lose and reach my deposit limit?

These are all important points when gambling, not whether to expect to win or lose. And even there is no real surveys that i read, I think 99% of gamblers expect to win or even hit a big win not for loss.

[Zigabel]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing. For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

My attention is usually fixed on the losses most of the times and that is because like you have rightly mentioned, before the wins comes in, the loss management matters the most first because how well you manage the win will determine how long you will stay to eventually get on a win and possibly recover from all that you have lost. but if you are so focused on the win alone, the most part of the times you will suffer losses more and have only but a few chances at the win which may even not be making up for your loses well enough to give you the actual joy of gambling. keeping your losses in mind so you can be able to as much as possible keep them under control will mean and help a whole lot to you than you will if you are ever having to continually focus mostly on the wins alone.

[Dr.Bitcoin_Strange]

In gambling, I think what is most important is being a responsible player, whether you are losing or winning, if you are playing responsibly, you won't feel that much regret of someone that places so much value on gambling for their daily survival. Some persons can stake with a huge amount of money in the name making a big gain, that's greed and an act of irresponsible gambling behavior. The ability to stake with an amount that won't hurt you so bad when lost, is better off than taking big risk.

[Rockstarguy]

Honestly, most of us think more about how much we can win, right? We plan the payout, imagine the run, and dream about hitting that one big bet. But not a lot of people actually think about the amount they’re fine losing.For me, that part matters more, especially if you’re betting long-term. If you can manage your losses, you’ll last longer. The wins will eventually come, but if your bankroll’s gone early, that’s it, no next chance no comeback.

So I’m wondering, which side do you guys think is more important? The expected profit or the expected loss?

The expected loss is what also needs to be considered because gambling is not just about winning but also losing. It makes no sense to only think about winning in gambling when winning is not even certain.

Expecting only to win in gambling is also what makes people desperate, which leads to excessive gambling. When the thought of loss is there, knowing that it can happen, one will always remember to gamble with an amount they can afford to lose.

 As it is gambling, it is essential to keep both winning and losing in mind because it plays an important role for a gambler to consider the ideal amount that should be used in gambling.