Expected gain or expected loss?

[Mehmet69]

And those who gamble only for profit often face more losses. If an investor cannot stop expecting success from gambling, then it is very dangerous for him, because due to this expectation he will lose his control, where maintaining one's self-control is more important than winning or losing in gambling, but if one does not maintain it, then it will definitely bring moral situation for him.

It is very natural for a gambler to expect to win every time he gambles. Gamblers never expect to lose. Every time they face a loss, they place new bets in the hope of winning. Losing control over gambling by expecting to win is a sign of an addicted gambler. An addicted gambler faces losses again and again.

Therefore, one should control oneself until the end without expecting to win or lose in gambling.

[Wakate]

There is always hope for winning. If a gambler says they don't expect to win and they just gamble because they want to have fun, then I will say they are not only lying to those they voice that out to, but they are also lying to themselves. If it's just for fun and the gambler doesn't expect to win, then they can go with playing on a demo account or whatever gaming experience that won't require the person to spend money.

Does gambling for fun still in existence? I have been seeing people writing about gambling for the fun but indirectly they need the money to stay good and continue gambling. When they are not really making profits like they supposed to make, they can start complaining about how gambling has been so unfortunate for them. Although you can switch from being a fun gambler to being a serious and money freak gambler.

[Julien_Olynpic]

People don't come to casinos or sports betting platforms to lose money. The paradox is that, in most cases, that's exactly what happens. However, people don't say to themselves, "Let me go in and place another bet and lose my monthly income!" No, no one thinks or does that. Most people hope to win. And winning is what brings them pleasure. Losing makes people angry or irritated. But when it comes to importance, losses are always more important. Because they pose much more serious problems.

[Dickiy]

Honestly, I'm not being hypocritical; I sometimes gamble for money, but the difference is that I gamble with an amount I can afford to lose.

This means that when I win, I'm very happy, but if I lose, it doesn't matter. In my opinion, the mistake is placing hope in winning but not being prepared to accept defeat.

I'm glad you are able to get my point. It's not like we should not gamble with money if we want fun, but adding money means we have hope to win in return. Where it gets all out of line is gambling with an amount which the gambler can't afford to lose; then they are gambling for profit majorly, which could be the only reason why they allow their greed to determine the weight of their bet.

As I mentioned above, I think gambling with money is fine because the adrenaline rush is greater when we risk something valuable, and the joy is even greater when we overcome everything and win.

However, it's important to note that we must also consider other aspects of gambling, such as losses, as they are an inseparable part of this activity.

This means that a gambler should be neutral in their attitude to both wins and losses. Expecting to win also means being prepared for defeat. However, I also acknowledge that there are still many losers in this activity.

[fruktik]

There is always hope for winning. If a gambler says they don't expect to win and they just gamble because they want to have fun, then I will say they are not only lying to those they voice that out to, but they are also lying to themselves. If it's just for fun and the gambler doesn't expect to win, then they can go with playing on a demo account or whatever gaming experience that won't require the person to spend money.

None of us wants to admit that we came to the casino solely to make money. Don't deceive yourself. This creates a false reality that becomes increasingly addictive. If someone says they're only interested in the process itself for the pleasure of it, they're being disingenuous and lying. I was one of those players myself. It was normal for me to exist in this illusory world for a while. I realized in time that this was a grave mistake. I only wanted the money.

[Olatundespo]

People don't come to casinos or sports betting platforms to lose money. The paradox is that, in most cases, that's exactly what happens. However, people don't say to themselves, "Let me go in and place another bet and lose my monthly income!" No, no one thinks or does that. Most people hope to win. And winning is what brings them pleasure. Losing makes people angry or irritated. But when it comes to importance, losses are always more important. Because they pose much more serious problems.

Gamblers do not like to accept losing easily although most of the time they have to endure what they do not want. Going to the casino is a kind of pressure for gamblers to win. To show off their wins to the gamblers around them because most of them like to celebrate their wins but when they lose they get excited and sometimes they try to hide it. I think winning is more important although their guesses may be wrong most of the time and luck may put them in adverse situations. Considering the unexpected you have to explore entertainment in the casino/betting platform and increase more entertainment by earning.

[Anayochukwu]

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?

Both are necessary, in fact, profit is our primary goal, but unfortunately, the game is more about losses. That's why we need to expect losses all the time, because profit isn't guaranteed. However, most times we lose because of confidence in getting the profit, but when you always expect loss all the time without focusing on profit, you might be surprised when luck would shines on you whenever you place a bet.

[Cointxz]

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

Expected loss is the top priority since you shouldn’t bet what you can’t afford to lose while looking on the expected profit might make you greedy on your bet that leads to high risk bet for the sake of winning big.

Expected profit is still not your money so it’s useless to think about it like you own it already before you win while the money you are putting on the line is still yours and will give a significant impact once lose if ever you bet outside your comfort zone just for the profit.

[TheUltraElite]

Expected gain is there but rarely it comes up as realized gain. Most of the time it ends up being a loss.

There are people who only look for profit but the realization that profits come on the casino side pf things comes a bit late to these people. I am not sure how much setting an expected gain is going to work here. End of the day if you are in green consider you're lucky but dont lose that profit the next morning and then only its a real profit.

[Umulala-alala]

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?

Both are necessary, in fact, profit is our primary goal, but unfortunately, the game is more about losses. That's why we need to expect losses all the time, because profit isn't guaranteed. However, most times we lose because of confidence in getting the profit, but when you always expect loss all the time without focusing on profit, you might be surprised when luck would shines on you whenever you place a bet.

As a gambler we should not expect to win every bet we play or to win when we gamble we should also expect loss, there are two things in gambling it's either you win or you loss, but most gamblers now only focus on their potential win with great hope that they have won.
I never expect a win when the game is still on process because winning is not guaranteed most bet that i have won i never believe to win it but those games i expected to win will along the way cut off so gambling is not what we should hope on.

[Yablee0]

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

Smile, anybody that says is expecting more of losing over winning is actually not being sincere because everybody love good things and feel more exited when having multiple winning streaks, however, in as much as winning in gambling is not guaranteed but when it eventually comes we accept it all hearted.

It is certain that who ever  going into gambling should be
expecting two things either losing or winning but one thing we must ensure is never to be worked up when having series of losing streak because that can only be confirmed or take hold when  seeing it as a source of income which is not acceptable in gambling, always go with the intention of having fun and If you're lucky enough to cash out then be grateful for that day.

[dunfida]

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?

Both are necessary, in fact, profit is our primary goal, but unfortunately, the game is more about losses. That's why we need to expect losses all the time, because profit isn't guaranteed. However, most times we lose because of confidence in getting the profit, but when you always expect loss all the time without focusing on profit, you might be surprised when luck would shines on you whenever you place a bet.

As a gambler we should not expect to win every bet we play or to win when we gamble we should also expect loss, there are two things in gambling it's either you win or you loss, but most gamblers now only focus on their potential win with great hope that they have won.
I never expect a win when the game is still on process because winning is not guaranteed most bet that i have won i never believe to win it but those games i expected to win will along the way cut off so gambling is not what we should hope on.

Exactly the thing most people only picture the wins but rarely think about the losses they can actually handle when you start seeing gambling or betting as a long game you realize it’s not really about how much you make it’s about how long you can stay in the game without going broke anyone can hit a big win once in a while but the people who last are the ones who know how to protect their bankroll.

If you keep the mindset that every bet has two sides you stop feeling too emotional about the outcome cause you already accepted the risk before placing it focusing on losses doesn’t make you negative it actually makes you smarter cause when you calculate your potential loss first you automatically bet smaller and with more control that’s the difference between a casual gambler and someone with discipline. Profits will always come with time but only if you’re still around to play when they show up most gamblers never get to that point cause they burn out their bankroll chasing fast results so I’d say expected loss matters more since it keeps you grounded and patient profits are the reward of good management but survival is the key that unlocks them both if you can master that mindset you can play for years and still stay calm even when luck isn’t on your side.

[Orpichukwu]

There is always hope for winning. If a gambler says they don't expect to win and they just gamble because they want to have fun, then I will say they are not only lying to those they voice that out to, but they are also lying to themselves. If it's just for fun and the gambler doesn't expect to win, then they can go with playing on a demo account or whatever gaming experience that won't require the person to spend money.

None of us wants to admit that we came to the casino solely to make money. Don't deceive yourself. This creates a false reality that becomes increasingly addictive. If someone says they're only interested in the process itself for the pleasure of it, they're being disingenuous and lying. I was one of those players myself. It was normal for me to exist in this illusory world for a while. I realized in time that this was a grave mistake. I only wanted the money.

Nobody wants to admit it, but I do admit I go in there and hope to make a profit out of it, but I still don't disregard the entertainment, and if it's for entertainment alone, I will not choose gambling where I will spend money. I don't see anything hard there for someone to admit that they gamble with the hope of making money. Where I see something to stand against is if they consider it to be a primary means of income, which usually doesn't end well for the gambler.

[fruktik]

Nobody wants to admit it, but I do admit I go in there and hope to make a profit out of it, but I still don't disregard the entertainment, and if it's for entertainment alone, I will not choose gambling where I will spend money. I don't see anything hard there for someone to admit that they gamble with the hope of making money. Where I see something to stand against is if they consider it to be a primary means of income, which usually doesn't end well for the gambler.

I also don't hide the fact that pleasure isn't as important to me as winning big. That way, at least I'll be honest with myself. Why be disingenuous or even lie? It won't lead to anything good. I once went down that path and only made things worse for myself. It created many more problems and negative consequences, which took me years to sort out. Therefore, it's better to start on the right path right away. If something happens, it will be much easier to deal with.

[Ricardo11]

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?

Both are necessary, in fact, profit is our primary goal, but unfortunately, the game is more about losses. That's why we need to expect losses all the time, because profit isn't guaranteed. However, most times we lose because of confidence in getting the profit, but when you always expect loss all the time without focusing on profit, you might be surprised when luck would shines on you whenever you place a bet.

As a gambler we should not expect to win every bet we play or to win when we gamble we should also expect loss, there are two things in gambling it's either you win or you loss, but most gamblers now only focus on their potential win with great hope that they have won.
I never expect a win when the game is still on process because winning is not guaranteed most bet that i have won i never believe to win it but those games i expected to win will along the way cut off so gambling is not what we should hope on.

There is no such thing as certainty in gambling, every outcome comes unexpectedly, and that is why you cannot get so excited just to win, because you may never get the win or result you are hoping for.
All in all, luck plays a key role here, and in this game of luck, a skilled gambler is always aware, because he knows that winning is not guaranteed, and that is why it is more important to be in control of yourself than winning or losing in gambling.
Because those who bet only in the hope of winning are more likely to lose control of themselves, because they expect to win, and for this reason they cannot accept defeat, and thus they continue to face losses.

[Orpichukwu]

There is no such thing as certainty in gambling, every outcome comes unexpectedly, and that is why you cannot get so excited just to win, because you may never get the win or result you are hoping for.
All in all, luck plays a key role here, and in this game of luck, a skilled gambler is always aware, because he knows that winning is not guaranteed, and that is why it is more important to be in control of yourself than winning or losing in gambling.
Because those who bet only in the hope of winning are more likely to lose control of themselves, because they expect to win, and for this reason they cannot accept defeat, and thus they continue to face losses.

A lot of gambler make the mistake of focusing more on winning that they often lose track of other important things that matters more. Gambling ordinary was created for fun, and regardless of how much is at stake, fun should be prior to every other thing. The same way that winning is important, that’s exactly how not losing is also important, by this I mean that gambling shouldn’t just be about winning, in fact you benefit more when you’re not losing too much, and this can only happen when people approach gambling with discipline and self control, that way, they’ll be able to make better decisions.

[Bright0515]

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.

Having a bankroll management is a good way to manage risk for gamble, but risk management doesn't make you a successful bettor, it only makes you gamble responsible because you don't spend too much on gambling. There are gamblers that manage their bankroll at the start but after losing much money they stil make further deposit so that they can be able to chase their losses. People implement bankroll management but at the long run they no longer follow the same ways.

[₿itcoin]

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 fact, when you think about longterm betting, your potential losses will be more important than your potential gains.

However, while we all aim to win and make money by gambling, we should not forget that there is a house edge on betting lines. So if you don't find value bets regularly, the EV will generally be negative.

And if you try to avoid potential losses, there is still a chance that your bankroll will run out, a classic gambler's ruin story. Actually, loss management means keeping playing. And if your bankroll runs out due to some bad timing, you will definitely miss out on big wins.

So, yes, dude, winning is certainly fun, but controlling your losses is the key to surviving in the world of gambling. So pay attention to how much you are willing to lose, only then will you understand the true value of your wins.

[Ricardo11]

There is no such thing as certainty in gambling, every outcome comes unexpectedly, and that is why you cannot get so excited just to win, because you may never get the win or result you are hoping for.
All in all, luck plays a key role here, and in this game of luck, a skilled gambler is always aware, because he knows that winning is not guaranteed, and that is why it is more important to be in control of yourself than winning or losing in gambling.
Because those who bet only in the hope of winning are more likely to lose control of themselves, because they expect to win, and for this reason they cannot accept defeat, and thus they continue to face losses.

A lot of gambler make the mistake of focusing more on winning that they often lose track of other important things that matters more. Gambling ordinary was created for fun, and regardless of how much is at stake, fun should be prior to every other thing. The same way that winning is important, that’s exactly how not losing is also important, by this I mean that gambling shouldn’t just be about winning, in fact you benefit more when you’re not losing too much, and this can only happen when people approach gambling with discipline and self control, that way, they’ll be able to make better decisions.

And that is why they need to change their motives first, many do not understand that gambling is basically a means of entertainment, not a guarantee of profit, but they constantly gamble just to make a profit.
And this attitude is actually bad, and it most of the time leads the gambler to big losses.
Everyone hopes to win, to be honest it is never possible that someone is gambling for a complete loss, rather everyone has the expectation of winning in their mind, but the most important thing is if they can control themselves, and keep themselves within limits then it is not bad.
But if they keep gambling excessively because of the expectation of winning, then it is the worst, because of excessive gambling they keep losing constantly, and then comes the stress, frustration, and wrong decision after wrong decision.

[GxSTxV]

Well gambling overall is meant to be a fun hobby that gives you excitement and energy rush, it is supposed to be that but we all know that not everyone is betting for fun right. Expecting a win or a loss is basically based on whether you’re an optimistic person or not.

I think that we all should be betting while dreaming big but also recalling the loss, losing is a 50% option while gambling and if you neglect this point you will ignore your balance going down, the loss should always be kept in mind.

I personally think of the big win possibility first before betting or playing but the thought of losing is no far than one second in my head it is always present and it makes me reconsider my actions and gives me a better plan.