Expected gain or expected loss?

[Tmoonz]

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?

We can have lots of losses in the long term which is very correct but losses may not really be significant or have any negative influence to those who only gamble for fun by not keeping any record of losses, my current situation has been a lossing streaks and I don't give attention to my losses because it has always been an amount that I can afford to lose, I don't think about my losses my interest is on the expected gains and that is what it will always be because focusing on expected losses can change my gambling narratives. I gamble for fun.

[criptoevangelista]

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?

We can have lots of losses in the long term which is very correct but losses may not really be significant or have any negative influence to those who only gamble for fun by not keeping any record of losses, my current situation has been a lossing streaks and I don't give attention to my losses because it has always been an amount that I can afford to lose, I don't think about my losses my interest is on the expected gains and that is what it will always be because focusing on expected losses can change my gambling narratives. I gamble for fun.

Although they’re fun, casino games are meant for making money, trying to double your bet or something like that, taking the risk to the extreme to be well rewarded. Most of the games are just clicking, so what really exists is the adrenaline of whether you win or lose a bet. It would actually be interesting if casinos had some other kind of game. Imagine one with a story mode where you have to bet certain things to progress in the game. That would be really cool.

[cxtreenal]

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 you are quite prudent in gambling that is why you are more concerned about the amount of loss than the amount of win. A prudent gambler should think like this because most new gamblers may have a limited amount of available money or they have to go through a learning period. Therefore if a gambler gives more importance to the possibility of loss instead of winning, he will be able to maintain his bankroll properly. In my opinion there will be a tendency to win in gambling but if I focus more on the expected profit, there will be a possibility of being greedy so the amount of money should be allocated that I am ready to lose and that is what I consider while gambling.

[Don Pedro Dinero]

I would have titled the thread: 'Hoped gain or expected loss?'

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?

We can have lots of losses in the long term which is very correct but losses may not really be significant or have any negative influence to those who only gamble for fun by not keeping any record of losses, my current situation has been a lossing streaks and I don't give attention to my losses because it has always been an amount that I can afford to lose, I don't think about my losses my interest is on the expected gains and that is what it will always be because focusing on expected losses can change my gambling narratives. I gamble for fun.

Although they’re fun, casino games are meant for making money, trying to double your bet or something like that...

In general, what happens is that when you go to the casino or gamble online, you have an amount in mind that you would like to reach, and then you would withdraw it and spend it on something else. So that's hope. In the long run, we cannot beat the house edge, and mathematically that would be an expected loss. If the casino has a house edge of 1% for every £1 you bet, the expected loss is £0.01, although that night you can multiply your money, which is what people are looking for.

[woez]

I think you are quite prudent in gambling that is why you are more concerned about the amount of loss than the amount of win. A prudent gambler should think like this because most new gamblers may have a limited amount of available money or they have to go through a learning period. Therefore if a gambler gives more importance to the possibility of loss instead of winning, he will be able to maintain his bankroll properly. In my opinion there will be a tendency to win in gambling but if I focus more on the expected profit, there will be a possibility of being greedy so the amount of money should be allocated that I am ready to lose and that is what I consider while gambling.

What you've said is very much on point and doesn't deviate from the true goal: to play not to achieve absolute victory, but to know when to stop. This only applies in the context of limiting our money. Otherwise, we'll lose control, and major losses are inevitable. Ironically, this is difficult to do, especially when we're losing, and negative thoughts arise. This must be addressed immediately so that our capital can quickly recover from previous losses, considering we still have funds remaining, say 30% of our initial capital.

Play again, and the words "We must try to quickly recover our capital and return to the minimum initial stake" will continue to arise as the game progresses. Unfortunately, this ambition is sometimes dashed by the play of someone more skilled than us, or by the dealer himself. In the end, our position is like falling down the stairs again. It's truly painful.

[blockman]

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.

Well, that's not a problem if they are assuming to have that kind of amount they're likely to earn from gambling. Because if they're going to take a look at it, everyone has the same chance of winning as we gamble. But when giving figures, we have to put it close to reality.

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.

We all don't like losing but we have to accept it that it's part of gambling. Even if we don't like to lose, that will happen even after the time that we've been the luckiest. Set your heart and expectations to reality because if you're not ready to accept that it happens naturally, it's going to be painful and harder to accept.

[Y3shot]

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.

Responsibly gambling pays a lot but some people font know this. Whether one gambles responsibly or aggressively it doesn't change gambling from what it is, you will definitely win or lose and none of this gambling manners determine easily gambling,  instead gambling by all means to get win, no limit even makes gambling to even worse.  Gambling with more money that you cant afford to lose constantly increases ones loses in gambling and it is a kind of gambling style that is full of emotions, when the outcome you are getting is not what you expect. Gambling is a game of understanding and responsibly gambling is just the way to enjoy gambling.

[GIF-JOBS]

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?

We can have lots of losses in the long term which is very correct but losses may not really be significant or have any negative influence to those who only gamble for fun by not keeping any record of losses, my current situation has been a lossing streaks and I don't give attention to my losses because it has always been an amount that I can afford to lose, I don't think about my losses my interest is on the expected gains and that is what it will always be because focusing on expected losses can change my gambling narratives. I gamble for fun.

Gambling should be played for fun, and all losses should be accepted, before the loss occurs you should determine that this money will definitely be lost to you, and determine the ability to bear the loss and you should use the money accordingly, so that later when you lose that money, you can control yourself and it does not force you to make wrong decisions emotionally. Since we can never predict the outcome, we should be ready to accept the loss from the situation, because when you lose beyond you can afford to lose, the situation can be very bad.