Expected gain or expected loss?

[ejikeme24]

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

Regardless the fact that gambling is supposed to be treated as fun but I'm sure that no one will ever say that the losing side is more important, there's no one who would want to choose lose over profit unless the person doesn't know the value of money but in as much as I will like to say that everyone knows the value of money so the answer is the profit side is more important than the expected loss  Moreover there's no excitement that comes from losing instead we keep panicking or feel disappointed at the game. So profit is what makes gambling look more interesting and fun.

[Floxynice]

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 loss management should be given the most priority than anything else. There is nothing much one can do to make sure that they win consistently since gambling is more about luck. It is wise for a gambler to ensure that he doesn't lose so badly that he has to go broke.

Many here would definitely say setting loss targets or limits is the best, but in reality they do the opposite, which is to focus more on making profits while incurring series of losses just to chase profits that are not guaranteed.

[Jaycoinz]

Expecting losses doesn't make you persimmistic it just means that you are a smart and realistic gambler. Losses can come at any time and if you only anticipate profits or gains you might be in for a disappointment. Alot of people only think about the possibility of winning without actually thinking about what happens next when they lose. Profits makes gamblng more interesting but this is something that is not always guaranteed

[Su-asa]

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?

As you you gamble it is important to also consider how much you might lose because gamble is just another two edge sword. If you are not so luckyz just know that you will lose your money. Gambling is not always about winning, sometimes you also lose. So expecting profits from gamble will just make you greedy and nothing. Greediness is the beginning of losses. The more greedy you become, the more losses you will get. All gamblers have their own lucky but the moment you are so greedy because you normally win a bet, thats the moment you losing.

[HONDACD125]

Expecting losses doesn't make you persimmistic it just means that you are a smart and realistic gambler. Losses can come at any time and if you only anticipate profits or gains you might be in for a disappointment. Alot of people only think about the possibility of winning without actually thinking about what happens next when they lose. Profits makes gamblng more interesting but this is something that is not always guaranteed

I don't understand why some people only think about winning when they clearly know that gambling is not only about winnings, but there is a higher chance for a person to lose than win if they gamble for quite some time and don't stop because we know we can't stay ahead of the house for very long. If we get lucky and win something at the initial stage, we should use our brains and withdraw the money so that we don't get influenced by our brains again and then lose whatever we had earned along with our initial bankroll.

When we gamble, whether it's our first time or we have done it before, we should know that we are either going to win or lose, we can't only expect to win because that doesn't happen, and if we have our expectations correct, we wouldn't be mad or angry when we lose because we already knew this could happen, so we will take it lightly instead of getting mixed emotions and then making reckless bets and losing more money.

[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.

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.

If any gambler losses a game and goes emotional, it is their problem and not mine because already as a gambler you should be prepared for whatever the result of your game would be irrespective of the odds and amount you have put up in the bet. This is why it is said that gamblers should gamble with what they can be able to lose if the game does not end in their favour. Moreover, gambling is done for fun and not for profit so gamble and have fun with the little funds you can easily let go of.

[Versatile_choice]

Expecting losses doesn't make you persimmistic it just means that you are a smart and realistic gambler. Losses can come at any time and if you only anticipate profits or gains you might be in for a disappointment. Alot of people only think about the possibility of winning without actually thinking about what happens next when they lose. Profits makes gamblng more interesting but this is something that is not always guaranteed

You're right when you said that expecting losses doesn't make one persimmistic but is just a way to prove to people that you're a real gambler because a real gambler don't only expect a particular outcome (wining) rather they expect both wining and losses because he knows that losing is inevitable in gamble. You know when you're expecting the both outcome at a time you hardly feel disappointed rather you can only get fed up when you are in a losing streak without complain, but when you're expecting a particular outcome all the time you can easily feel disappointed.

[CryptopreneurBrainboss]

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

As humans we'll always go for the expected profit's and not the losses because we tend to be positive. Ask anybody gambling and they'll tell you if you aren't optimistic that you won't win. You'll have to think of yourself winning already before that victory comes. Sometimes you doubt yourself but still get the victory but majority of the times, without being optimistic, you won't win.

It's only the mindful gamblers that consider the chances of losing and that's why they put attention on what they're staking. Having a plan to avoid not over staking is important to manage your gambling activities and only the responsible gambles have this attributes. What's important is to have a balance between both thoughts. While you focus on your potential win, don't forget about the potential losses too to keep you in a balance state.