Expected gain or expected loss?

[Wakate]

The way you think indicates a realistic grasp of the reality of gambling. No one can be sure that they will win regardless of how sure they are of their decisions. There is never any doubt about a certainty that gambling is always subject to. Consequently, new entrants are not to hurry in winning. Rather they ought to be taught to learn about their patterns and limits. One should be extremely patient and not make such a decision influenced by emotions or influenced by other players.

If possible I will tell people to halt gambling because this game is not fun at all. You will win today and lose that money thinking you add going to win another one tomorrow but your tomorrow might never come close.  I know family men that had lost more than they had won as gamblers and that is a warning to those young neggas thinking they can make all the whole money from gambling when your company can not even pay your salary in advance for work you have not done.

[Pi-network314159]

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?

From your statement I think the expected loses is more important because it is easy to lose than win that's why we should expect more loses, and that is the more reason we should plan our bankroll very well in other not to get exhausted too quickly while the game is still running. If we can be able to manage our bankroll very much, we may be able to lose more and still hit that big win unexpectedly.

[Ronsbit]

It is not a crime planing to win a game but as you are thinking of it, you should also be prepared to lose the game and in such thinking, you will have to make sure that the money you intend or plan using is a money you can afford to lose at any point in time if in case anything happens. Gamble is unpredictable even core gamblers also do the same as well.

[_BlackStar]

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

Winning and losing are important in gambling - I truly believe that if we dominate one the them, problems will arise. Gamblers likely can't win more or consistently - while they tend to lose more. So, if we consistently stick to one of them - we'll inevitably encounter problems. The most important thing in my opinion is to gamble responsibly - learning to control yourself and not overdo it. It's unwise to gamble without limits - which is why every gambler needs to have their own limits, including time and money limits.

[DaNNy001]

To be on the safe side its better to expect losses more than gains...this is the reason why you must learn to stake responsibly...its a delusional thing to think that its always possible to win im gambling but if you are not ready to losses then you shouldn't be gambling...expecting losses means that you are ready to accept whatever outcomes that you get from gambling,  you must be mentally prepared for it so it won't take you by surprise

[vanesha]

Luck is not profit, if we think about losses first then it is better not to gamble, that means you are not willing to lose & don't think too much about profits in gambling, the more you chase it, the more aggressive you are and the harder it is to control yourself, play casually without thinking about profits and losses

[junder]

To be on the safe side its better to expect losses more than gains...this is the reason why you must learn to stake responsibly...its a delusional thing to think that its always possible to win im gambling but if you are not ready to losses then you shouldn't be gambling...expecting losses means that you are ready to accept whatever outcomes that you get from gambling,  you must be mentally prepared for it so it won't take you by surprise

That makes sense, because I think players who hope to win actually end up with the opposite, becoming more aggressive in their gambling, such as chasing wins, which is actually unnecessary because it only makes the situation worse with consecutive losses. Gambling should be done responsibly, but this doesn't happen because of the hope of winning. Furthermore, we should be prepared to lose, after all, losing is more likely than winning.

[pawanjain]

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 a nice question. According to me I think the expected losses are far more important than the expected wins.
If we don't manage our bankroll well then we won't be able to sustain our profits for a long time.
In that case we will eventually lose more than we win. So managing the bankroll effectively is essential.

[Lidger]

If we are careful with our money, then before thinking about how much we will gain, we will first think about how much money we can lose if we take a risk. We try to earn extra money by using the money we have, but the money we earn extra is a different matter, but the money we have in our hands is the most valuable to us, so we have to give more importance to this money. I think it is foolish to gamble with all your money, gamblers should think twice before gambling and then understand the type of gambling and take risks with money. My prediction says that if I bet here, I can get a return on my money, but if we bet on a bet that I have no idea about or about the gambling, then that is also risky for our money. So a gambler has to be both responsible and careful.

[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.

You know some gamblers are very greedy and for that reason they pay less attention to their continued losing, many gamblers are just after the amount they are ro win so bankrol management is not that important to them, but as a gambler, I think staying safe without being held hostage by addiction, we should as a matter of urgency make sure we monitor the rate at which we keep chasing loss, there something I have to say, in gambling, losing is not something we can shy away from, so we must think about that, if it keeps occuring then we should pull a bit and return later I think that will make us to get the brain relax and get in again, going on and on as we keep losing will amount to what we already know which is not healthy for any gambler.

I believe the reason for this is misinformation. A lot of people who enter the gambling world are mostly misinformed, which mostly leads the misconception about gambling that the most important thing about gambling is winning, and so they’re willing to do anything just to win. You’ll see a gambler lose over $300 in just a session and still continue playing, and when he eventually wins just $20, he’ll celebrate that winning like it’s worth more than the $300 he lost, and then that $20 serves as a motivation to them to keep going that they could eventually recover their losses and maybe win more, and by the end of the day, they lose even more and go back home with nothing but regrets. Proper information about gambling helps to give us proper guidance on how to approach gambling in order to have a safe gambling experience.

[summonerrk]

Typically, when someone first starts gambling and makes their first deposit, they already have the amount they can lose in mind. They can see it right in front of them and imagine it clearly. At the same time, of course, they're thinking about winning. For some, the goal is to double their deposit, while for others, it's even ten times their total, and the two are always different.
And it is precisely these different expectations of the final profit that force some to replenish their deposits again, while others are forced to resign themselves to the complete loss of their first deposit.

[Kelvinid]

Aim for victory but be prepared for defeat
That's a good tip

People think that gambling could change their lives forever and for the better. Unfortunately, they end up compromising their finances. We can't find assurance in gambling. Yes, we can aim for victory but never chase it because that only leads to financial collapse. It is better to just enjoy and consider gambling as entertainment, so it won't pressure our minds and we can sleep well. Of course, we don't expect losses but also prepare for them because gambling is a win-and-lose situation. And we can't change how it works, no matter what. So live it that way.

[Kelward]

It is not a crime planing to win a game but as you are thinking of it, you should also be prepared to lose the game and in such thinking, you will have to make sure that the money you intend or plan using is a money you can afford to lose at any point in time if in case anything happens. Gamble is unpredictable even core gamblers also do the same as well.

You have hit the nail on the head, whether it is expected gains or loses what matters is that you're using amount that you can afford to loose at anytime you're gambling. Expecting to win is no doubt very good because everybody likes to be a winner but as much as you like to win you should always remember that loses is a part of gambling also. More importantly to note is that loses occurs more than wins and that is the most important reason why it is better to always use amounts that you can afford to loose. Some gamblers get carried away with their desires of big wins and not put into consideration what they might lose before achieving their aims.

[letteredhub]

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?

I think this would depend on what pains the gambler most at the end of the outcome of his bet assuming it all went bad for him. What am trying to say is this, there are gamblers that get stuck on complaining about the potential amount they were at the verge of winning before it went bizarre, this set of gambler wouldn't give a scent about how much they've used in staking thwredo the potential win that was unachieved becomes their worry than what they spend.

But in all, having to use what we can afford to lose despite the amount in chase we straining ourselves on winning, what we spend to gamble should be within the limit of what we can afford to lose because at the end of the day it wasn't the potential win we literally lost but what we staked with.

[Dr.Bitcoin_Strange]

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.

Some persons too are just badly experiencing ill luck, that's why they can not have more wins than their losses, while some players too are just overwhelmed by happiness while winning, they then allow greed to come into their mind which will make them lose all their winnings back to the casino. Some gamblers are actually winning but greed is also making them lose everything back to the casino.

[nara1892]

It is not a crime planing to win a game but as you are thinking of it, you should also be prepared to lose the game and in such thinking, you will have to make sure that the money you intend or plan using is a money you can afford to lose at any point in time if in case anything happens. Gamble is unpredictable even core gamblers also do the same as well.

Yes, that's the point. As you said, if we want to win, we must also be prepared to lose. Losing is inevitable, as in gambling, the odds of winning are much smaller than losing.

Unfortunately, losing money is incredibly painful for most gamblers. Most gamblers are prepared to win, but not to lose. That's why so many gamblers become losers, constantly getting emotional when they lose and chasing their losses.

[IvugeoEvolutionCoin]

Luck is not profit, if we think about losses first then it is better not to gamble, that means you are not willing to lose & don't think too much about profits in gambling, the more you chase it, the more aggressive you are and the harder it is to control yourself, play casually without thinking about profits and losses

If a person gambles with such thoughts while gambling, he will always win in gambling, this can be a big risk for him. Because while gambling, no one can understand for sure that he will win in gambling. Sometimes if luck is good, there is a possibility of big winnings, but most of the time due to excessive greed, he has to lose in gambling.

[r_victory]

I believe there should be a balance, but I rely more on losses than on gains. Not that I enjoy losing, or that I gamble for it, but for me, it's the greatest certainty I have when gambling. Managing losses is the best strategy for maintaining a healthy budget.

[joniboini]

If a person gambles with such thoughts while gambling, he will always win in gambling, this can be a big risk for him.

I think context matters a lot. If he's just playing once a month with $10 or so, the chance it develops into addiction is definitely lower than someone who is stuck with the casino 24/7. At the end of the day, nothing's wrong with being prepared for losing money or predicting your winnings. I also don't believe that one or two actions which is beneficial for ourselves mean we won't win big. That just feels like addictive thoughts instead of rational thinking.