Expected gain or expected loss?

[Rufsilf]

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 can't deny the fact that we all come to gambling full of positivity, thinking, "We're going to win." Unfortunately, most of the time we're not given a favor and end up losing. However, we already understand how gambling works; we can never hear any regrets. Might be some frustration but not reaching the point of cursing the casino.

Yeah, we all experience losses and wins, but as I write today, I lose more than I win. But I still gamble because I never thought I would be cheated. I just want to enjoy gambling and hope someday to be given a chance to win a huge amount.

[blockman]

I have that thought at most times that the amount I've set as my bankroll is already expected to be gone. This is a way to avoid being so hurtful if have expected so much gain and then, with my mistake and bad decision lost them all. But I don't want to be negative as well thinking of that already but I can't help myself to protect myself from disappointment either. And so, sometimes I think of the possible gains when it's like in the tournament like in swcpoker and how I'll be ending with in place and it's also set how much I've spent for entry there is an expected lose too.

[Yablee0]

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 everyone comes prepared for two basic consequences, as stated in the thread title above: expected gain or expected loss. But, one thing that must be instilled in the minds of both myself and my other friends is to never imagine that making a profit at the competitive table will be easy. The journey of gambling is not always smooth sailing. We can learn from our mistakes. From our mistakes, we can improve our skills and survive in this space.

The next step, we must be able to determine the best time to bet, be mentally prepared, have capital, and be prepared for losses if we consistently follow the same pattern. Sometimes, we should also listen to the advice of others who are already experts at this game.

You are right bro, you need to be well prepared and firmly ready to withstand anything that follows because the game is not a bed of roses, two things is certainly involved either you lost or win.

As a matter of fact, their is this mindset I literally use or should I say principle that helps me in my gambling activities, I don't gamble expecting anything in return like profit and all that, I just do it for the fun and if been lucky I will take something home but if otherwise am cool. However, this has helped me in recent time and lessing my expectations while gambling.

[GigaBit]

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 everyone comes prepared for two basic consequences, as stated in the thread title above: expected gain or expected loss. But, one thing that must be instilled in the minds of both myself and my other friends is to never imagine that making a profit at the competitive table will be easy. The journey of gambling is not always smooth sailing. We can learn from our mistakes. From our mistakes, we can improve our skills and survive in this space.

The next step, we must be able to determine the best time to bet, be mentally prepared, have capital, and be prepared for losses if we consistently follow the same pattern. Sometimes, we should also listen to the advice of others who are already experts at this game.

You are right bro, you need to be well prepared and firmly ready to withstand anything that follows because the game is not a bed of roses, two things is certainly involved either you lost or win.

After placing a bet, I often tried to get the feeling of winning in advance in that bet. But it turns out that instead of winning, I lose and the feeling of that time is much more painful. That is why I no longer expect to win until the win is confirmed, but I think that the possibility of my losing is high in every bet, which helps me to be mentally stable. The higher the gambler's expectations, the greater the regret when they lose.

[Africolo]

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?

The expectation of everyone that engages in gambling is winning not losses, though one can't talk about gambling without mentioning looses or gambling don't do without looses. What gives you an expected winning is your consistency in gambling, one can't chicken out because you encounter few loses while playing games, if you do that it means you are not ready to win or you were not prepare for gambling as it will always comes with winning and loosing.

As a gambler! You should have an open mind owning to the fact that you can loss or win at any given time you gamble, if you have a higher expectation of a game you have bet and you end up loosing, you should be able to bear it emotionally as that comes with betting, bettors have experience so many losses before winning comes, so as a gambler you should expect the either winning or loosing as they work hand in hand with each other while gambling.

[summonerrk]

The main idea of ​​this topic can be summarized as follows: "Sooner or later, everyone gets lucky at the casino, but the question is how much money you have for gambling ." I'm exaggerating, but overall, the casino will still come out ahead in the long run, even if a given gambler gets lucky and wins a lot of money. Will this winnings be enough to cover all the money previously spent on gambling? It's not a given, and even before that, it's safe to say that most likely won't.

[Franklyn-wood]

I have that thought at most times that the amount I've set as my bankroll is already expected to be gone. This is a way to avoid being so hurtful if have expected so much gain and then, with my mistake and bad decision lost them all. But I don't want to be negative as well thinking of that already but I can't help myself to protect myself from disappointment either. And so, sometimes I think of the possible gains when it's like in the tournament like in swcpoker and how I'll be ending with in place and it's also set how much I've spent for entry there is an expected lose too.

Expecting to make money from betting should not be in a hurry. Anybody can make bad decisions as gambler and when you are now trying to make quick money from your bets, that is when you can be mistaken greed for a short to make money without understanding that you need to protect your funds instead of trying to make audio money to add to your bag.
Some gamblers like fantasizing about the kind of money they're going to make from betting without knowing if that will come to reality or not.

[LUCKMCFLY]

So we have to be mindful of our actions, and if possible, we gamble responsibly. Because this won't just save us from losing a lot but rather make us feel enjoyed.

That's the key to responsible gambling If we gamble responsibly, things flow smoothly, we move away from addiction, and our money goes further. I gamble as a last resort What does that mean? It means I only gamble when my basic needs are met , such as the market, taxes, and other expenses.

[TopT3ns]

So we have to be mindful of our actions, and if possible, we gamble responsibly. Because this won't just save us from losing a lot but rather make us feel enjoyed.

That's the key to responsible gambling If we gamble responsibly, things flow smoothly, we move away from addiction, and our money goes further. I gamble as a last resort What does that mean? It means I only gamble when my basic needs are met , such as the market, taxes, and other expenses.

The fact that only after core needs are fulfilled people make bets allows explaining the importance of self control, and we can emulate this trend in meeting the financial pressure. We also make sure that the money that is raised is actually of a source that does not affect obligations. Our mind also is in the state of balanced mind as decisions are made when calm. We are thus in a better position to continue playing alongside the entertainment background but not a cause of both financial and emotional disturbance.

[Betwrong]

Well, that's not true, is it? It's a fact that thousands of people became new millionaires through winning a lottery. What happened next? Have they became happy because of that? That's another question.  But we can't deny that it is possible to get rich quickly through gambling.

Yes, gambling platforms and various media outlets often publish news about how some lucky person has won another jackpot. In that moment, those people are certainly happy, but I think that many of them then spend all their winnings short-sightedly and end up returning to the level of life they had before their big win.

That's true, many of them lose what they won much quicker they one can imagine. That's because of the lack of proper education among other things. But if we are talking about the possibility of becoming a millionaire through gambling, we must admit, it's possible. Overall, expecting gain from gambling is a bit on the stupid side, imo. Expect to lose and let the universe surprise you with a big win.

[BigBos]

Well, that's not true, is it? It's a fact that thousands of people became new millionaires through winning a lottery. What happened next? Have they became happy because of that? That's another question.  But we can't deny that it is possible to get rich quickly through gambling.

Yes, gambling platforms and various media outlets often publish news about how some lucky person has won another jackpot. In that moment, those people are certainly happy, but I think that many of them then spend all their winnings short-sightedly and end up returning to the level of life they had before their big win.

That's true, many of them lose what they won much quicker they one can imagine. That's because of the lack of proper education among other things. But if we are talking about the possibility of becoming a millionaire through gambling, we must admit, it's possible. Overall, expecting gain from gambling is a bit on the stupid side, imo. Expect to lose and let the universe surprise you with a big win.

It's possible, I agree, but the percentage is very small. But if you ask me if becoming a millionaire from gambling is possible, I have the same answer as you.

Now another thing is, how much money do they have to spend on lottery tickets before they win? And as far as I know, not all gamblers participate in lotteries (at least in my area), because more people play slot games. Even if they win the maximum, I don't think it can recoup their previous losses, because they only play at low stakes.

[Judith87403]

That's true, many of them lose what they won much quicker they one can imagine. That's because of the lack of proper education among other things. But if we are talking about the possibility of becoming a millionaire through gambling, we must admit, it's possible. Overall, expecting gain from gambling is a bit on the stupid side, imo. Expect to lose and let the universe surprise you with a big win.

I love the summary of your comment, the part you said expect the losses and let the universe surprise you with a win. This is in fact the best way to approach gambling, when one expects the losses every time they gamble, it helps them also prepare for those losses, and like we know, whatever you’re prepared for can never surprise you, which means you’re actually in the safer side because you put yourself in a better position to make more rational decisions without actually being influenced by the outcome of your bet.

[Hatchy]

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

Being responsible in gambling is something many gamblers don't consider. So many people worry more about how much they want to win, and forget the fact that in gambling the losses are even more often. We should be able to understand minimise our losses as a gambler and maximise our wins. Each wins you make mistakes because able to cancel out the total amount of losses that's how you remain in the game for long. If you are the kind of gambler that goes in blindly without considering these little things, you would end up in a losing streak. Yes it's not easy to win no matter the kind of rules you place for yourself, but If you try to follow your plans, it would work out to some extent..

[Z_MBFM]

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 you think about the loss without thinking about development, you will not be interested in gambling and will not use too much money in gambling because you will be responsible for your money. A big reason why most gamblers become addicted is that they think about how much they will win but do not think about how much they are losing. So, being greedy for big wins, they keep gambling and keep losing money and they use more and more money to recover the money they lose. In this way, they suffer a lot from gambling. But those who think about how much they are losing use gambling very carefully and use the amount of money they can afford to lose.

[Cryptmuster]

Being responsible in gambling is something many gamblers don't consider. So many people worry more about how much they want to win, and forget the fact that in gambling the losses are even more often. We should be able to understand minimise our losses as a gambler and maximise our wins. Each wins you make mistakes because able to cancel out the total amount of losses that's how you remain in the game for long. If you are the kind of gambler that goes in blindly without considering these little things, you would end up in a losing streak. Yes it's not easy to win no matter the kind of rules you place for yourself, but If you try to follow your plans, it would work out to some extent..

For me, rules are a very important aspect of gambling. I added and adjusted the list of rules, but once I created it for myself and strictly adhered to it, everything became more predictable. I don't increase the bet, I don't play more than I planned, it's like a training session, when you have a program and follow it precisely. Now I understand how important this is, before I played chaotically and could get carried away, but now that's not the case. Some might say it's not as exciting, but for me, it's the best choice I've ever made.

[eisen33]

I have that thought at most times that the amount I've set as my bankroll is already expected to be gone. This is a way to avoid being so hurtful if have expected so much gain and then, with my mistake and bad decision lost them all. But I don't want to be negative as well thinking of that already but I can't help myself to protect myself from disappointment either. And so, sometimes I think of the possible gains when it's like in the tournament like in swcpoker and how I'll be ending with in place and it's also set how much I've spent for entry there is an expected lose too.

I have a completely different mindset, when I set my bankroll, I expect to at least double it and am not at all ready to part with it. Losing will be difficult for me in any case, because I don't like losing. Even when I'm prepared to lose my entire bankroll in gambling, I still expect to win, double my bankroll, and withdraw my winnings. With this focus, it's easier and much more enjoyable for me to play, and expecting to lose everything from the start is wrong, in my opinion.

[summonerrk]

Being responsible in gambling is something many gamblers don't consider. So many people worry more about how much they want to win, and forget the fact that in gambling the losses are even more often. We should be able to understand minimise our losses as a gambler and maximise our wins. Each wins you make mistakes because able to cancel out the total amount of losses that's how you remain in the game for long. If you are the kind of gambler that goes in blindly without considering these little things, you would end up in a losing streak. Yes it's not easy to win no matter the kind of rules you place for yourself, but If you try to follow your plans, it would work out to some extent..

For me, rules are a very important aspect of gambling. I added and adjusted the list of rules, but once I created it for myself and strictly adhered to it, everything became more predictable. I don't increase the bet, I don't play more than I planned, it's like a training session, when you have a program and follow it precisely. Now I understand how important this is, before I played chaotically and could get carried away, but now that's not the case. Some might say it's not as exciting, but for me, it's the best choice I've ever made.

I tried doing the same, but then I realized, unexpectedly, that I was getting less pleasure from gambling. It's like a double-edged sword: I want to maintain control, but because of this, I become more disciplined in my gambling behavior. On the one hand, there's fun and recklessness, but on the other, there's the risk of losing control and losing everything. Even in this action, we see a constant clash of interests in gambling between fun and discipline.
And while everyone seems to say, "Play and have fun," excessive fun can have financial consequences.

[Hardyrobust]

I tried doing the same, but then I realized, unexpectedly, that I was getting less pleasure from gambling. It's like a double-edged sword: I want to maintain control, but because of this, I become more disciplined in my gambling behavior. On the one hand, there's fun and recklessness, but on the other, there's the risk of losing control and losing everything. Even in this action, we see a constant clash of interests in gambling between fun and discipline.
And while everyone seems to say, "Play and have fun," excessive fun can have financial consequences.

The fact that they said that you should play and have fun doesn't mean you are to make gambling a habits, all in the name of having fun. There should always be moderation, no matter what the aim for gambling is , whether it is for fun or not as too much of anything isn't good.we should try as much as we can to be able to control our gambling habits,  to avoid losing almost all our valuables to gambling.

[Obulis]

Even when the bankroll is carrying the losses care must be taken and attention must be made to the expected loss. As for the expected win, even when you are not carried away with it, it will just intrude the mind, that joy of winning. Getting carried away with expected win might be because of level of financial balance. I guess more attention should be given to the expected loss.

[Lanatsa]

Being responsible in gambling is something many gamblers don't consider. So many people worry more about how much they want to win, and forget the fact that in gambling the losses are even more often. We should be able to understand minimise our losses as a gambler and maximise our wins. Each wins you make mistakes because able to cancel out the total amount of losses that's how you remain in the game for long. If you are the kind of gambler that goes in blindly without considering these little things, you would end up in a losing streak. Yes it's not easy to win no matter the kind of rules you place for yourself, but If you try to follow your plans, it would work out to some extent..

For me, rules are a very important aspect of gambling. I added and adjusted the list of rules, but once I created it for myself and strictly adhered to it, everything became more predictable. I don't increase the bet, I don't play more than I planned, it's like a training session, when you have a program and follow it precisely. Now I understand how important this is, before I played chaotically and could get carried away, but now that's not the case. Some might say it's not as exciting, but for me, it's the best choice I've ever made.

I tried doing the same, but then I realized, unexpectedly, that I was getting less pleasure from gambling. It's like a double-edged sword: I want to maintain control, but because of this, I become more disciplined in my gambling behavior. On the one hand, there's fun and recklessness, but on the other, there's the risk of losing control and losing everything. Even in this action, we see a constant clash of interests in gambling between fun and discipline.
And while everyone seems to say, "Play and have fun," excessive fun can have financial consequences.

Responsibility in gambling is what separates those who play for years without harm from those who burn out quickly many gamblers chase excitement instead of structure and when emotions lead the way the outcome is almost always loss your point about minimizing losses and maximizing wins is spot on because gambling isn’t about winning every time it’s about surviving long enough to stay in the game the more reckless you get the shorter your gambling lifespan becomes.

Having personal rules is like building a shield around yourself things like setting time limits bankroll boundaries and knowing when to walk away aren’t about removing the fun they’re about protecting your stability the excitement is still there but now it’s controlled and safe it’s true though that too much discipline can feel like it takes away the thrill but that’s just the balance every gambler has to find. Fun without restraint leads to regret and discipline without joy makes gambling feel mechanical the real challenge is finding that middle point where you can still enjoy yourself while keeping your actions measured and thoughtful the moment you stop playing responsibly and let greed or boredom dictate your choices that’s when gambling stops being entertainment and starts becoming a problem.