Expected gain or expected loss?

[crwth]

I believe it's better to have the expected loss, as it will prevent me from gambling more than I can afford to lose. Most of the time, it's the imagination of winning a lot, but it's not going to help because it might not come true, and you might get attracted to putting in more to reach that goal that you have imagined.

It is better to lose one day than to lose your whole life.

[Ever-young]

One thing about gambling is that, you can’t control how much you’ll win, but you can control how much you’ll lose. The reason most gamblers lose more than they win is because they pay less attention to their bankroll, yeah they lack bankroll management, they don’t even know a thing about risk management, it’s always about how much they stand to win, sometimes they ignore the odds and even when they lose, they don’t reflect on the reason why they lost in the first place, they’re already trying again, and they continue in this loop until they’re completely drained.

[Pandu Geddon]

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

All gamblers surely hope to win; no one expects to lose. Although gamblers can never truly avoid losses. 
But betting management helps gamblers last longer in the game. I guess it all depends on the strategy each gambler applies while playing. 
Some gamblers, or even most gamblers, may not count or pay attention to the amount they lose in betting. What they focus on is each session's bet, whether it results in a win or a loss.

[YOSHIE]

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

For now and this second I have not found anyone who immediately spends money as capital hoping for a loss, 100% of the people I have found and seen them all hope for a profit, including me personally.

So, the question is, does everyone who gambles need capital to bet, if yes, of course they hope for a profit, regardless of whether they gamble for fun, hobby, entertainment, addiction and so on, we all hope that there will be a profit in every gambling bet, that's for sure.

[Byebyebtc]

The risk is the one to be considered no matter how good of a game it might be you risk must still be standard and and not more than you should be risking, a lot of people have made regrettable mistakes because of how they did not manage their risk. i have been in situation where by i had so much confidence in a game i was so tempted to risk so much because of how good it was but i actually got discipline and risked my regular, and to may greatest surprise the game didn't go as planed, at that point i was totally surprised and grateful at the same time because i didn't risk more that normal because of how confident i was about the game. so no matter how good the trade may look i still choose to prioritize my risk than rewards.

[qwertyup23]

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.

This is the most important thing you mentioned in your statement.

Having the right discipline on your habits is the key in incurring huge amounts of losses on your part. If you are fully aware of the allocated budget for the day, then you should be responsible enough to NOT withdraw money further once you reach this. If you continue this practice of only exhausting your budget for the day, then you would be able to prevent being addicted to gambling.

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

You should always have the mindset of expecting a loss.

The reason behind this lies on your judgement whenever you are faced with these situations. For example, if you approach the gambling by expecting a win, you can potentially chase this win ultimately falling into an endless loop. However if you expect some losses on your part, this would compel you to stop at a certain point preventing from going overboard on your budget.

[bubilas]

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?

This is precisely why casinos punish those who believe in miracles and have a positive outlook on life. Those who believe they'll win will face problems, as they don't anticipate losses and won't be prepared for losses or even the most dangerous situations. These optimists will try to win back their losses time and again, losing more and more deposits and bankrolls.

[Zlantann]

All gamblers surely hope to win; no one expects to lose. Although gamblers can never truly avoid losses.  
But betting management helps gamblers last longer in the game. I guess it all depends on the strategy each gambler applies while playing.  
Some gamblers, or even most gamblers, may not count or pay attention to the amount they lose in betting. What they focus on is each session's bet, whether it results in a win or a loss.

Never expect too much from gambling. We all know that we lose more than we win in most cases, so it would be wrong to expect only wins. However, it is not wrong to look out for big wins and also make plans on how to use them. Some economists claim that the reason why some big winners in gambling become bankrupt after a short period is that they don't have a plan in place on how to use such an amount. High rollers expect the best but they are also ready for the worst.

This is precisely why casinos punish those who believe in miracles and have a positive outlook on life. Those who believe they'll win will face problems, as they don't anticipate losses and won't be prepared for losses or even the most dangerous situations. These optimists will try to win back their losses time and again, losing more and more deposits and bankrolls.

When we see or hear stories of people who harm themselves, like committing suicide because of gambling losses, it is a typical example of people who are not ready or prepared to accept losses. Maybe they have expectations and were disappointed by the outcome of their bets.

[LeyMonte]

This is precisely why casinos punish those who believe in miracles and have a positive outlook on life. Those who believe they'll win will face problems, as they don't anticipate losses and won't be prepared for losses or even the most dangerous situations. These optimists will try to win back their losses time and again, losing more and more deposits and bankrolls.

In fact, everyone wants to win and make a profit from the casino. Casino players never want to lose, they play the casino again and again with the hope that they will lose, and later on, they see a ray of hope in the midst of that loss that if we can win, maybe our losses will be covered. They should not understand that they should not play the casino with such hope. You can never expect 100% surety in casino games because the style of the game changes in an instant.

For this, there will be a message for every casino player, always play the casino to enjoy it, do not take it as a profession or as a means of earning half, then you can keep yourself safe.

[leonair]

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?

Gambling is not something that can be won frequently, so the longer you keep your bankroll, the more you can expect to win from gambling. Because if I can continue gambling, then I can dream of winning. But if I quickly finish my bankroll by making big bets, then in that case there will be no expectation of winning and recovering the loss. And at that time, to continue gambling, I will have to deposit more and continue gambling. And if someone gets used to making big bets, later gambling with small amounts will not encourage him much. Because of which later he will go to gamble with big amounts even though he cannot afford to lose it. So always gamble with small amounts and keep your bankroll safe.

[ashmodeus]

I'm not being hypocritical; my primary hope is to win. However, I must also be prepared to accept that losing is an inevitable consequence, because ultimately, the house always wins. Therefore, to be a responsible gambler, minimize losses, and survive long-term, setting a bankroll is key. Healthy bankroll management can at least help minimize our losses and avoid serious financial ruin. Simply put, if you lose, stop immediately; that's your limit.

[Zanab247]

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

No matter how experience you are in the field you will surely experience profit and loss in gambling.there are some people losing will be their starting in the gambling before they will start  gaining to stay long in profit making in gambling.

Gain side  is where I belong in gambling, and am working toward it to become a favor person in gambling. what brought me to gambling is gain and I have nothing to worry when the gain is not coming now, becausei I gamble with what I can afford to lose any day or anytime.

[Betwrong]

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 surely more important. Think of what you can easily affard to lose during your gambling session and then never go too much above it. I mean, you can set that number at $10 and then lose $20 in reality, that's okay if it happens once per month. But if you lose $600 per month instead of planned $300 that might cause a problem.

[giammangiato]

I'm part of that minority who plans possible losses first and how much they can afford to play in the event of an immediate loss, for a week.
I have a limited budget and I try to make ends meet with enough money to be able to afford to place several bets in 7 days.
I happen to win and I use what I won to also play slot machines, trying my luck.
So all in all I play with little expense and wait in hope for a good win, sooner or later it will happen.

[MainIbem]

Growing up as a kid, my Dad do tell me to always think about the negative and positive sides of life and learn to balance it, he's right afterall and I think same implies to gambling, we shouldn't only think of the possible wins but the possibility of losing so it would help us limit the amount we spend on it, well I've figured out that most people do focus on the bright side forgetting that the chances of losing, sometimes could be higher than what the potential win.

[kotajikikox]

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

The expected loss is the one we all should look out for because if we plan for the expected loss we might be able to manage our bankroll better. Expected loss may also hurt less. If your losses are less than your actual expected losses then you will feel better but if your wins are less than your expected ones it can hurt your bankroll management.

[Slow death]

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?

Well, based on my long months in sports betting, I always prioritize seeing the expected loss. This way, I prepare myself better psychologically and can better manage my bankroll. For example, let's imagine I have $10 in bankroll and I put $1 in a game. When I do this, I start counting that I only have $9 in bankroll and I put in my head that the $1 I bet is a lost bet. Only when the result of my bet comes out and I see that I actually won, then I start counting the profit I made thanks to the $1 bet I made. I use this approach and it saves me a lot of headaches.

[Oluwa-btc]

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

I think we should expect both returns, either a gain or loss but most importantly we should be very meticulous about our loses made cause mismanagement of funds ain't a good one. Sometimes everything just happen in a jiffy beyond our expectations but then we ought to be ready for what's to expect at every point in time and hence the need to stop in time.

[Cryptomultiplier]

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

I think we should expect both returns, either a gain or loss but most importantly we should be very meticulous about our loses made cause mismanagement of funds ain't a good one. Sometimes everything just happen in a jiffy beyond our expectations but then we ought to be ready for what's to expect at every point in time and hence the need to stop in time.

Seeing that for me I love to gamble with a target amount in mind, I look forward always to the expected profit.
I try to infuse risk management skills that I have learned a long time ago and instead of looking at losses or expecting losses, I tend to always believe in the best positive outcome but limit the number I would have to try for it and if there's a cashout, I may sometimes opt for it just to be done with that bet for the day.

The fact that the whole casino or gambling business idea is operated to give the house an edge over a player or gambler, makes you know that the original default program by the gambling platforms  is expected loss to be greater than expected gains.
They love it when gamblers chase losses and it is only the wise ones that would try to focus on expected gains.

[@nn@_pen9]

I think both sides, both profits and losses are equally important, the most important thing at the beginning when you play is how you manage each round, whether there is a chance or not, this is where the important role is in gambling. If you use it well, of course the profits will follow you by themselves.

Use winnings as motivation, but losses as a reminder. And remember, And you must remember that gambling is not a field for making money, there is no guarantee that you will always win. The house always has the edge. It's best to play for fun, and not get too caught up in the illusion that you'll win the bigger jackpot you're hoping for.