Expected gain or expected loss?

[Wakate]

The only way the lost figures can be recovered is when you keep on playing. But how can a gambler keep on playing when he's low on money or even run out of money. The thing is that evey gamblers have a pay day but that doesn't mean you shouldn't gamble responsibly in by staking what you can afford to lose. When you are low on funds the important thing to do is quit and continue next time when you have money. Based on the kind of mindset most gamblers have, they are beginning to depend on their bets. Meanwhile the chances of winning is very slim.

Not having sufficient money does not mean that you can not gamble more. If you don't have money, you can borrow from friends or from bank and they will give you if you have a good credit score. Gamblers should know what will help them and what will not which is why before you gamble you need to check how much you have and the risk to reward ratio of the bet.

[Sandra_hakeem]

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.

They don't think about how much they're comfortable to lose because they are all in for everything it can produce, as long as it pays them at the end.. Just imagine spending almost a million in a year, only to be given a win of maybe $3000 in one occasion and that got you celebrating? Are you gaining or losing more?

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

I'm not always expecting any profit, but instead I always have a close watch at my loses.. I can't control how much I can win from the casinos, but I can control how much I lose... Let's not forget about the most important things at the end.

[cozytrade]

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?

If we know from the start that we will lose in gambling, it is very likely that most people will avoid gambling, because basically gambling is done to try their luck. Everyone will certainly prefer to hope for victory in gambling because if what is expected is defeat, then the gambling that is done will only be in vain and of course only a waste of time with this gambling activity.

Gambling is like a test of luck. While gambling, no one can say that he will be able to gamble now. Gambling depends entirely on luck. The better the luck, the more he will be able to win in gambling. There comes a time when greed arises due to excessive winning and due to this greed, all the money falls into loss. Basically, everything happens because of greed. So if we can control our greed, it is good for us.

[mak013]

~
I think that we mustn`t even use such words like "expected gain". We have to work on it, try ourselves to increase profit, but we mustn`t think like "we have to win". Even in sport betting we can`t get 100% win rate.
But we easily can lose all our money. That`s why we must think about loss, not because we must lose but because we must remember that gambling is about risk and don`t risk critical sums.

I think that there is no difference about trying to increase the profit in gambling and expecting a gain.

They're both the same IMHO and that's fine if someone thinks of expecting a gain through gambling. But I agree with you about that we shouldn't think about "we have to win".

Because we know that when we gamble, it should be expected that we're going to lose. To each their own on that part and mindset.

For me "increasing profit" is trying to improve ourselves: make better analyze, correct risk management, analyze more events. And "expecting a gain" sounds like sitting and waiting a profit doing nothing for it.
Of course all of us want to win, but the attitude to the process differs.

[sunsilk]

I think that there is no difference about trying to increase the profit in gambling and expecting a gain.

They're both the same IMHO and that's fine if someone thinks of expecting a gain through gambling. But I agree with you about that we shouldn't think about "we have to win".

Because we know that when we gamble, it should be expected that we're going to lose. To each their own on that part and mindset.

For me "increasing profit" is trying to improve ourselves: make better analyze, correct risk management, analyze more events. And "expecting a gain" sounds like sitting and waiting a profit doing nothing for it.
Of course all of us want to win, but the attitude to the process differs.

Well, that makes sense and good analogy of what these two terms and the meanings that's in it.

I guess that you're right but gamblers that are expecting to gain, doesn't just wait and sit, they also gamble and does what they have to do because they're trying to increase their profits in anyway that they can.

Either way, these meanings are there and I agree with what you've said because it sounds like those who are expecting does nothing but we don't know what they do behind it.

[DiMarxist]

The only way the lost figures can be recovered is when you keep on playing. But how can a gambler keep on playing when he's low on money or even run out of money. The thing is that evey gamblers have a pay day but that doesn't mean you shouldn't gamble responsibly in by staking what you can afford to lose. When you are low on funds the important thing to do is quit and continue next time when you have money. Based on the kind of mindset most gamblers have, they are beginning to depend on their bets. Meanwhile the chances of winning is very slim.

Not having sufficient money does not mean that you can not gamble more. If you don't have money, you can borrow from friends or from bank and they will give you if you have a good credit score. Gamblers should know what will help them and what will not which is why before you gamble you need to check how much you have and the risk to reward ratio of the bet.

That is actually a dangerous way to think about gambling. Borrowing money to gamble is never a good idea and can never be a good idea, because gambling outcomes are unpredictable you can lose just as easily as you can win. When you use borrowed money, the pressure becomes more higher, and losing can leave you in serious debt or strain your relationships. It’s always safer to gamble only with what you can afford to lose.

[Belarge]

I think that there is no difference about trying to increase the profit in gambling and expecting a gain.

They're both the same IMHO and that's fine if someone thinks of expecting a gain through gambling. But I agree with you about that we shouldn't think about "we have to win".

Because we know that when we gamble, it should be expected that we're going to lose. To each their own on that part and mindset.

Losses and profits are made in gambling but in all scenario, just hope for the very best in gambling because it's filled up with volatility. Common, there are many other things we should be doing other than sitting down and gamble. Let's make every second we have on mother Green earth counts. Gambling is not meant for newbies but only the strong hands, talking about punters that can control the game and let winning streak.

[WhoYouCantKill]

You are correct, most people aim at how much they can win, not what they are ready to lose. Though in reality, managing losses is much more important. Winning is not assured, but losing is sure part of a game, so managing that aspect keeps you in it longer.
Expected gain sounds exciting, yet expected loss is what determines survival. When you can limit your losses and protect your bankroll, you will definitely have another shot at winning. In brief, smart gamblers aim on staying in the gae at first, then pursue gain secondly.

[Byebyebtc]

Your risk should be your first consideration before any gambling, this is not just in gambling also in different aspects of life business trading etc. If your rewards are more important that you will care less about your risks which might lead to loss of money able to empty your bank account. Gambling wins cìmes by chances and luck so it should be the one of the activity with the most less risk, because your  winning has a slim probability since the casinos has an edge over every gambler. As a gamblers Your risk should be a really focused on because the probability of you betting next time is dependant on your available balance .

[Orpichukwu]

For skill-based games like poker, it's very much understandable if you have won against someone over and over again that your confidence level is high, but the person should also understand that while they are too confident they will win, the opponent might have been undergoing some kind of training to upgrade their skill in the background, so the game might not end as always but become competitive, and there is always a chance for a change in the result in the end.

It also depends on the level of skill the opponent posseses, or the height of energy left of the winner, could determine how low his thinking would be in the game, which may end up causing losses. Once concentration is not full, a skilled gamer is also expected to lose, despite playing with someone they've been winning for sometimes.

Exactly, which is why I said even if the person has been playing with the opponent for a long time, getting their guard down because they feel it's just a little rematch on an already known outcome, they might get disappointed with a little distraction or an upgrade in the opponent mastering their playing pattern and working on themselves.

[dimonstration]

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

I consider both because I do analyze the reward to risk ratio when betting. There’s no way for me to consider only one side for betting because it will not be entertaining.

Betting less just to avoid risk while your expected win is just a penny even by just playing for a long time same when you are considering the other but you didn’t consider the expected loss.

It should be balance and within your limits.

[sunsilk]

I think that there is no difference about trying to increase the profit in gambling and expecting a gain.

They're both the same IMHO and that's fine if someone thinks of expecting a gain through gambling. But I agree with you about that we shouldn't think about "we have to win".

Because we know that when we gamble, it should be expected that we're going to lose. To each their own on that part and mindset.

Losses and profits are made in gambling but in all scenario, just hope for the very best in gambling because it's filled up with volatility. Common, there are many other things we should be doing other than sitting down and gamble. Let's make every second we have on mother Green earth counts. Gambling is not meant for newbies but only the strong hands, talking about punters that can control the game and let winning streak.

Gambling is for everyone, old, young, newbies, strong hands and experienced ones.

It's for all who likes to do it with their own money. But we don't advice people to take a loan for them to gamble because you'd see a thread or stories like that pop in the forum being told on how they have badly ended up in losses and credit.

I'd agree that we should spend our time in important things but if some people sees gambling as an important part of their routine, you have to respect that if that's what they think of it.

[Joeboy]

The only way the lost figures can be recovered is when you keep on playing. But how can a gambler keep on playing when he's low on money or even run out of money. The thing is that evey gamblers have a pay day but that doesn't mean you shouldn't gamble responsibly in by staking what you can afford to lose. When you are low on funds the important thing to do is quit and continue next time when you have money. Based on the kind of mindset most gamblers have, they are beginning to depend on their bets. Meanwhile the chances of winning is very slim.

Not having sufficient money does not mean that you can not gamble more. If you don't have money, you can borrow from friends or from bank and they will give you if you have a good credit score. Gamblers should know what will help them and what will not which is why before you gamble you need to check how much you have and the risk to reward ratio of the bet.

That is actually a dangerous way to think about gambling. Borrowing money to gamble is never a good idea and can never be a good idea, because gambling outcomes are unpredictable you can lose just as easily as you can win. When you use borrowed money, the pressure becomes more higher, and losing can leave you in serious debt or strain your relationships. It’s always safer to gamble only with what you can afford to lose.

You are right indeed the outcome of gambling mostly cannot be predicted. Today one may be profitable using a particular strategy, he may apply that same strategy tommorrow but may not be profittable. That is why taking loan to gamble isn't really a good idea. Apart from even taking loans, it isn't even advisable for folks to use all the money at hand to gamble, rather it's best that they gamble with that extra money  or better still like you said that money that one can afford to comfortably lose.

[Sonia_123]

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?

Settings a bankroll is the key ultimate to become a successful gambler without bankroll, all you will be experiencing will be losses because you will not be able to give an account of the actual amount you will be spending monthly.
Once your bankroll is exhausted either for the week or month, just quit .
As a gambler, you are expected to experience loss, but when the losses supercede your actual bankroll, then you have to check yourself and retrace your step, winning comes at when it will come, you don't fight for it, if not you incure more losses.

[lienfaye]

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

It's crucial to manage our bankroll on how much we're going to use for gambling that we can live without. That being said, the amount you'll use to play is also the money you expected to lose, means you're ready for it. Thus, it's better to have less expectation in gambling since winning is not guaranteed. Because thinking of how much you can win can only disappoint you if it didn't happened.

[Hispo]

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?

Expected loss implies responsibility, while expected wins implies there is illusion and thrill for what it could happen.
In my case, I must admit that I lead towards thinking about expected wins instead of losses, it is something which comes naturally to me as greed builds up until I reach a point in which I don't longer care about the chances of losing money, but rather chase the possibility of getting more money than I initially deposited. So far as ended in disappointed.
If I could trade my side which mostly see potential winning for a side which focuses more on the chance of losing then I would be happier when my experience on casino.

At least I am responsible enough to know when to stop, when I am defeated and not to chase losses endlessly.

[Samlucky O]

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 honestly that we should expect more loses than win, but we can't use that as a reason not to try luck.gamblers knows that loses are weigh more higher than wins but they keep on pushing, trying if they can make out something meaningful from it even though they know the risk is high. So invariably I may say wining is more important than lose because one big win covers a lot of loses we encountered. Because in most cases the happiness and joy derived in a single win is much more fun than the loses we had on several occasions. So I prefer the win as it is the main motivation that keep every gambler active even though they know that loses are More.

[Accardo]

Exactly, which is why I said even if the person has been playing with the opponent for a long time, getting their guard down because they feel it's just a little rematch on an already known outcome, they might get disappointed with a little distraction or an upgrade in the opponent mastering their playing pattern and working on themselves.

A rematch with an opponent who was previously defeated at ease always seem more difficult to win again, as a result of pattern mastery. But the fun goes on with it, both players would wish to go further again and again. However, skilled based gaming leaves behind the assurance of making friends in this fashion.

[CryptoYar]

Yes to be good in long term betting, it is more important to control your expected loss than to focus on expected gain, because gap shows smart thinking of sensible investor toward mindset of person who gambles much. Key is to stay in game it is by saving your own money that you will be able to enjoy longer bankroll, and this will keep your emotions in check and you will be able to wait until you hit wins that will come in time. Whereas Expected Profit is needed to tell you on what to bet, Expected Loss tells you on how much to bet, and it is therefore most important part of staying in game.

[dwyane36]

I think honestly that we should expect more loses than win, but we can't use that as a reason not to try luck.

I think that many beginners who have just started gambling expect more wins than losses. However, the more experienced a gambler becomes, the more they realize that the opposite is true and that in the long run, there will always be more losses than wins. However, you're right to point out that it still makes sense to try your luck, because sometimes a single win is enough to change your life.