Expected gain or expected loss?

[silpersurfer]

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 came with the hope of winning, not losing. If I had come with doubts about my ability to win, I probably would never have intended to go to the casino and place bets, or open an online casino account on my phone. However, what you say is also true. Accepting defeat is not easy, especially when it involves emotions and personal money. That is why it is very important before starting gambling and placing bets that we assess ourselves first, especially financially, regarding how much we are prepared to lose in gambling or betting because, in essence, this is not about winning and losing but about how well we can control ourselves at that moment in order to take a step closer to maturity in facing the risks that accompany this game. The game is not about the cards we hold or the dice we roll, but about controlling our emotions.

[ASloveapg]

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 came with the hope of winning, not losing. If I had come with doubts about my ability to win, I probably would never have intended to go to the casino and place bets, or open an online casino account on my phone. However, what you say is also true. Accepting defeat is not easy, especially when it involves emotions and personal money. That is why it is very important before starting gambling and placing bets that we assess ourselves first, especially financially, regarding how much we are prepared to lose in gambling or betting because, in essence, this is not about winning and losing but about how well we can control ourselves at that moment in order to take a step closer to maturity in facing the risks that accompany this game. The game is not about the cards we hold or the dice we roll, but about controlling our emotions.

No one can accept defeat easily, and does everyone want to lose? Everyone basically wants to win, everyone comes to gambling with the expectation of winning, and their expectation eventually becomes the goal, or the only goal through which they want to achieve success. And this is the root of the problem, gambling is never just about winning or losing, but rather a test of one's mental state, self-control, and understanding limits. We must control our emotions, which are something that will lead to huge losses if they exceed their limits, if someone cannot control their emotions, then even winning ultimately leads to losses, because their greed after winning and their emotions after losing will not allow them to get out of gambling at the right time.

[sompitonov]

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.

It's good that you're also thinking about losses, because the game can't exist without them, although many players forget this and want to believe only in victories. This is too naive and unreasonable to assume, because we will definitely have to lose, even if not immediately, then a little later. Losing streaks happen to almost all players, and it's important to understand how well we can cope with them and continue winning based on a well-thought-out strategy. I see many players break down when they lose, even though they previously told everyone how big they won, not considering that it could have been a statistical error rather than true professional skill. It's a shame they realize this too late.

[hedgeh0g]

It's good that you're also thinking about losses, because the game can't exist without them, although many players forget this and want to believe only in victories. This is too naive and unreasonable to assume, because we will definitely have to lose, even if not immediately, then a little later. Losing streaks happen to almost all players, and it's important to understand how well we can cope with them and continue winning based on a well-thought-out strategy. I see many players break down when they lose, even though they previously told everyone how big they won, not considering that it could have been a statistical error rather than true professional skill. It's a shame they realize this too late.

Therefore, every player will get what they deserve by playing for a very long time. I'm not saying that everyone will necessarily lose, because there are professional players who can beat other players, for example in poker; we almost all know them. They have an expected profit, but it's not guaranteed that they will continue to do so forever, because the number of professionals is growing. However, many players don't understand why they won, or they play because they enjoy it, while having no idea exactly how they win. If we don't know why we're stronger than the other 90%, then we're likely among that percentage of losers.

[coolcoinz]

I always expect loss because this helps me cope. As they say hope for the best prepare for the worst.

It's basic human psychology.
When you expect loss and it happens, you won't be surprised as you've already parted with the money.
When you expect a loss and the opposite happens, you will be even more surprised by the win. You want to be surprised by nice thing, right?

One more thing. OP claims the wins will eventually come. It's not that certain! I've seen people with 10x losing streaks and I'm sure you did too so you can start playing with this attitude and then get a loss after a loss and lose money even though you were playing low stakes.

[danadc]

The game is not about the cards we hold or the dice we roll, but about controlling our emotions.

That's true, I see it that way too, because when we play, that's what affects us most Many times when I've played, I try to stop myself from letting my emotions get the better of me , but it's really difficult. In the end, I end up giving in a little and spending more, and that makes me angry I don't know how to control that sometimes, but it must be partly due to a lack of self-control It's just that when we play, everything changes, like our minds become different, so self-control is the key.

[Olatundespo]

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 came with the hope of winning, not losing. If I had come with doubts about my ability to win, I probably would never have intended to go to the casino and place bets, or open an online casino account on my phone. However, what you say is also true. Accepting defeat is not easy, especially when it involves emotions and personal money. That is why it is very important before starting gambling and placing bets that we assess ourselves first, especially financially, regarding how much we are prepared to lose in gambling or betting because, in essence, this is not about winning and losing but about how well we can control ourselves at that moment in order to take a step closer to maturity in facing the risks that accompany this game. The game is not about the cards we hold or the dice we roll, but about controlling our emotions.

No one can accept defeat easily, and does everyone want to lose? Everyone basically wants to win, everyone comes to gambling with the expectation of winning, and their expectation eventually becomes the goal, or the only goal through which they want to achieve success. And this is the root of the problem, gambling is never just about winning or losing, but rather a test of one's mental state, self-control, and understanding limits. We must control our emotions, which are something that will lead to huge losses if they exceed their limits, if someone cannot control their emotions, then even winning ultimately leads to losses, because their greed after winning and their emotions after losing will not allow them to get out of gambling at the right time.

The biggest mistake for gamblers is not being able to accept defeat. It involves their emotions and most of the time gamblers do not have the ability to control their emotions. If you cannot manage your bankroll properly when you gamble, then this mistake can lead to huge losses. Winning or losing in gambling is the main thing because you can be mentally cheerful at the time when you can win. Most gamblers do not have the tolerance to accept defeat. If they lose a bet they do not stop playing and become aggressive to win.

The only way to control emotions is to be strict in allocating funds for gambling. If you can manage your bankroll properly then controlling emotions in gambling will be the easiest because the limitation of funds prevents you from gambling more and motivates you to stop gambling at the right time.

[Dunamisx]

Both the gain and loss should be expected in for in gambling, even though we don't pray for the losses to come, but we have have preparation in for it so that it does not surprised us after landing, we can't be gambling and failed to have both sides experience, but I know that people will always hope for that better aspect to come our way in gambling.

[KeenanEl19]

I'm not a hypocrite, so when I gamble, I naturally hope to profit from every bet I make. It's just important to realize that we won't always be lucky enough to win, and that's highly unlikely. Bookmakers are essentially seeking profit, and that profit comes from players who bet. Therefore, they provide games with the potential to generate profits, but behind that, they've rigged the games so they profit more often than the players.

Furthermore, it's quite ridiculous that someone gambles but expects to lose. Even outside of gambling, it seems no one expects to lose. Is it like in a movie where they expect losses because they have a bigger plan to gain profits? I don't think so.

[Betwrong]

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.

Well, imagine this: you come to Monte Carlo on business, and during your free time, you’re just walking around enjoying the view. Then you stumble upon a casino. If you’re wandering around the Monte Carlo city centre, you’ll definitely come across one — they’re everywhere, right? You think your friends would laugh at you for being in Monte Carlo and not visiting a casino, so you decide to go inside, pay the €20 entry fee, and put €10 on roulette (the fee includes a €10 voucher). In that situation, I’d consider myself a winner even if I just lost my bet and walked out.

[Leahized]

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.

You say you don't need a lot of money to gamble? I couldn't agree more with you here. Moreover, helping or lending money to someone for gambling is nothing but foolishness. No gambler can ever guarantee whether he will win or not. But I think every gambler should use his own money to gamble. There is no problem even if you lose money by gambling. But with a loan from the bank, if that money is lost in the bet, he will have to face a very bad situation. He will not have money to repay the loan. Gambling never works by calculating the ratio correctly. I think there is only risk in gambling, and luck can win.

[rakebit]

In most forms of gambling, the expected value is technically a loss because of the house edge. The real skill is managing that gap, choosing bets with the best odds and staking wisely.

Do you usually calculate EV before betting, or go more by instinct?

[woez]

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.

You say you don't need a lot of money to gamble? I couldn't agree more with you here. Moreover, helping or lending money to someone for gambling is nothing but foolishness. No gambler can ever guarantee whether he will win or not. But I think every gambler should use his own money to gamble. There is no problem even if you lose money by gambling. But with a loan from the bank, if that money is lost in the bet, he will have to face a very bad situation. He will not have money to repay the loan. Gambling never works by calculating the ratio correctly. I think there is only risk in gambling, and luck can win.

Honestly, it's fine, but there's a place for it. It would be ridiculous to borrow money specifically for gambling. After borrowing, can we guarantee 100 percent of the money will be returned according to what we promised them? I think that's unethical because, as far as I know, it's hard to make something go according to our wishes. So, if you really intend to gamble, you need to prepare capital and set a date when you're truly ready. In short, you should use your own money. Set clear limits from the start. Be quick to recognize your gambling habits, quickly close your account, and stop when you've lost several times.

[LUCKMCFLY]

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.

The fun is intrinsic to playing, that's where it lies Those who say they play for fun aren't entirely lying because there is fun, So when we focus only on getting money it's normal, we all want money but if we don't win it's obvious that we'll have something to console us and that's the fun that remains.

[Wiwo]

Both the gain and loss should be expected in for in gambling, even though we don't pray for the losses to come, but we have have preparation in for it so that it does not surprised us after landing, we can't be gambling and failed to have both sides experience, but I know that people will always hope for that better aspect to come our way in gambling.

We should definitely expect the unexpected in gambling, because at some point we can tell what results we get from our gambling section,  so if we have our minds fixed on a particular outcome be it lose or winning,  their will definitely effect out overall outcomes and emotional states which can deny us the fun that we should have gotten from the gambling sessions.

[Onyeeze]

Whenever I partake in gambling I don't expect that I am going to win and that is why in gambling I bet with what I can afford to lose so that immediately I lose I know that it will not affect me and if I also win I will be happy about my winning, so that makes me know to expect anything from gambling neither I use a huge amount of money to participate in gambling I know very well that's nothing like Assurance for me to win that is why I don't really depend on gambling, and the I know that two things are involved in the gambling it is neither and win or I lose and one of them I cannot escape it that is why I do make up my mind that one thing must involve and gambling and I will not depend on winning

[MorganaX]

Both the gain and loss should be expected in for in gambling, even though we don't pray for the losses to come, but we have have preparation in for it so that it does not surprised us after landing, we can't be gambling and failed to have both sides experience, but I know that people will always hope for that better aspect to come our way in gambling.

We should definitely expect the unexpected in gambling, because at some point we can tell what results we get from our gambling section,  so if we have our minds fixed on a particular outcome be it lose or winning,  their will definitely effect out overall outcomes and emotional states which can deny us the fun that we should have gotten from the gambling sessions.

It is never advisable to expect more or any vital rewards during gambling, as it will definitely affect us both our mental health and well being. Gambling is a game that can come out positively or negatively so it depends on you and how you may see it. There are sometimes it will be for you, but it doesn't mean that, as it has come, it must come continually, that is never the case, it is just by luck and that is just it. The system has been designed in a way by wish, winning streak is always impossible, but a way by which they can gain from all the lost we will get. And that is just the build up of gamble.

[Fivestar4everMVP]

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, the serious gambler will think about both because both go hand in hand, you can't think about what you stand to gain, win, make as profit without also thinking about what you stand to spend, potential lose if winning does not happen, this is the normal way to gamble, you don't think about one and leave the other because both are very important to put into consideration..

But then if you ask me, thinking about the what one stand to lose and planning on how to manage effectively is very much more important because as it's often said, that a bird we have in our hands is worth the millions of birds that are flying in the bush, money we already have In our hands is ours and must be managed well, the one we hope to win is not yet come and there is also the probability that we won't win it, so the best we can do for ourself is manage the money we have very well, ensuring that we make judicious use of it before it's all gone.

[NurseHub]

Well, as humans that we are, there is always an explanation to win no matter how hard things are going, and it doesn't justify that we don't care or have the feeling of losing. It's staying positive and giving out positivity. Nobody will ever aim for defeat. As a gambler, it's always advisable to always understand the losses so you don't get too emotional and lose your guard too in gambling. Because there's no guarantee the win will always come, and because you know it's more luck and you have discipline over your funds, know that borrowing to gamble is one of the major mistakes you make as a gambler because it's totally unpredictable no matter how skilled you are in analysing. It will also help you not to go bankrupt and not to always expect to hit the jackpot at every game you stake. We should always balance the gambling and every other thing we are doing.

[KeenanEl19]

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 came with the hope of winning, not losing. If I had come with doubts about my ability to win, I probably would never have intended to go to the casino and place bets, or open an online casino account on my phone. However, what you say is also true. Accepting defeat is not easy, especially when it involves emotions and personal money. That is why it is very important before starting gambling and placing bets that we assess ourselves first, especially financially, regarding how much we are prepared to lose in gambling or betting because, in essence, this is not about winning and losing but about how well we can control ourselves at that moment in order to take a step closer to maturity in facing the risks that accompany this game. The game is not about the cards we hold or the dice we roll, but about controlling our emotions.

It's clear why people gamble, it's to seek profit, not loss. This is true even in situations outside of gambling. Everyone hopes for luck and gains, not losses. It's ridiculous to expect losses in doing something.

I don't deny that accepting defeat is difficult, but there's no better way than to accept it. Dwelling on defeat is pointless, and can even make us want to continue gambling with the constant certainty that we'll lose more often. Don't assume that winning will easily happen as we desire. The fear is that overthinking it will only stress us out.