Expected gain or expected loss?

[Frankolala]

You should never plan for an expected gain, it will lead to losses. You should also plan for the bet to be an expected loss.

If you have the mindset that you need to win, you will keep betting and betting and will be wrong and will lose everything. You need to accept the fact that gambling is risky and you might lose money and gamble with that in mind.

If you win, then its good, its a bonus. But if you lose, then its expected and you can move on and gamble some other day. You can't gamble and expect it to pay the bills and such, It will lead you to going on tilt and losing even more money.

Before placing a bet, you should expect losing, this is how I gamble. I don't expect profits because I have already accepted losing the money before using it. I see my gambling budget as a budget for fun and entertainment. If it happens that I win my bet, it makes me feel happier because I didn't expect it.

[xenomorfo]

Thanks for agreeing with me! That's right, playing with only what we can afford to lose is important addition to what I said. If you lose more than you can earn after your relaxation with gambling then the relaxation is costing you too much, innit? And time spent on gambling is also important here. Even if you don't lose much money, but lose too much time it can be not good for your health and potentially lead to addiction.

No, I thank you, because with the excuse we can tell others how important it is to play, because, as I always say, what we are doing, in fact, is a game, therefore it is fun, it is not work. We don't earn money, we just have to relax and have fun. If we don't enjoy or like the game, it's probably not something for us.

[LUCKMCFLY]

Money that is lost in gambling can be recovered if you continue to gamble for as long as possible to recover your money without doing it too much for the sake of getting your lost funds from betting. Those that might likely not recover their money are those that decided to give up from gambling and also those that are too emotional to focus on how to be profitable from their bets.

Well, as I Understand it , the money we use to Gamble and lose is not Advisable to gamble more or in the long term because things tend to be very bad for the player The house Advantage is greater than us playing for much longer or with more money on the contrary, we can lose more.

[MRY]

Money that is lost in gambling can be recovered if you continue to gamble for as long as possible to recover your money without doing it too much for the sake of getting your lost funds from betting. Those that might likely not recover their money are those that decided to give up from gambling and also those that are too emotional to focus on how to be profitable from their bets.

Well, as I Understand it , the money we use to Gamble and lose is not Advisable to gamble more or in the long term because things tend to be very bad for the player The house Advantage is greater than us playing for much longer or with more money on the contrary, we can lose more.

You are quite correct in realising that mathematical probability will always cause the favoured side to the organiser had the game been given too much time to run. Cutting the amount and time of capital is such a brilliant step to take not to get into the circle of cumulative losses. In my opinion, the ability to manage our emotions when we are defeated is the key to having logical thoughts. With the realisation of the benefit of this system, we stand a huge opportunity of saving our assets which could otherwise ruin our business because of financial losses.

[Onyeeze]

Thanks for agreeing with me! That's right, playing with only what we can afford to lose is important addition to what I said. If you lose more than you can earn after your relaxation with gambling then the relaxation is costing you too much, innit? And time spent on gambling is also important here. Even if you don't lose much money, but lose too much time it can be not good for your health and potentially lead to addiction.

No, I thank you, because with the excuse we can tell others how important it is to play, because, as I always say, what we are doing, in fact, is a game, therefore it is fun, it is not work. We don't earn money, we just have to relax and have fun. If we don't enjoy or like the game, it's probably not something for us.

some people misunderstood it and that is why you see many of them whenever they lose in gambling they will be depressed and be totally emotional, so if you want to make it in gambling expect less and do not allow your expectation to be higher than what you may lose, the challenges we are having today been addicted in gambling and also be interested to recover what we lost in gambling is because we Gamble for benefit we burnt Gamble to exercise a trial, so one of the major things that made us to feel that a gambling is something that is giving us a problem is it because we don't see gambling as a part of entertainment, we saw it as a process to make a money

[Ivystar5]

Sorry I have to reply to this thread very late in the longest of its pages but however, expected losses is something a very few people do imagine because if you're focused on it your will end up not talking the risk at all, that's why people who do the gambling the most are very interested in the end outcome and not the very beginning. I also admit that with the level of my low participation on gambling it's very obvious that I imagine how much I have lost or try to calculate my losses and then use it to gamble hence making me quit too soon when I loss again because I do not want to increase my lose intake.

[Joy- maker]

As a gamble you have to be prepared for anything that will comes out of gambling, because you can't predict the outcome all the time no matter how good you are in predictions. So when ever you want to gamble always have a budget and stick to it, and what ever budget you want to set, make sure you can afford to loose it so that when you loose all the money you budgeted for gambling you won't get disturb and start chasing after your looses.
So as a gambler don't expect to win all the time because gambling is a game of chance, always prepare your mind to face lost, because you will definitely loose and even end up not winning at all till the money you budgeted for gambling get exhausted.

[AmoreJaz]

Sorry I have to reply to this thread very late in the longest of its pages but however, expected losses is something a very few people do imagine because if you're focused on it your will end up not talking the risk at all, that's why people who do the gambling the most are very interested in the end outcome and not the very beginning. I also admit that with the level of my low participation on gambling it's very obvious that I imagine how much I have lost or try to calculate my losses and then use it to gamble hence making me quit too soon when I loss again because I do not want to increase my lose intake.

But it is inevitable to expect losses in gambling as the likelihood of losing is high over winning. If you will expect winning in your every session, I would say, you would get disappointed for what it may bring to you. And you will be disillusioned if you are on that side. Do remember, this is gambling and loss is always inevitable over winning.
So before you reserve some fancy wine because of your expected win, think twice - because you may be putting yourself in a tight shameful position. I don't think it is a very smart idea to expect gain in gambling. Because we all know the drill here...

[Betwrong]

As a gamble you have to be prepared for anything that will comes out of gambling, because you can't predict the outcome all the time no matter how good you are in predictions.

The thing is that you don't have to be able to predict the outcome all the time. For you your gambling to be profitable, you just have to be accurate most of the time. And that fact becomes a trap for some people. They think: "Surely, my predictions can't be perfect, but they are good enough to be giving me profit every month, so, I can do nothing but gambling my whole life and live happily with a lot of money." And that's exactly how you shouldn't think if you don't want to end up with terrible losses. Expect a loss. Calculate how much you can easily afford to lose and gamble at your pleasure losing not more than that. That's the one and only healthy way of gambling.

[xenomorfo]

some people misunderstood it and that is why you see many of them whenever they lose in gambling they will be depressed and be totally emotional, so if you want to make it in gambling expect less and do not allow your expectation to be higher than what you may lose, the challenges we are having today been addicted in gambling and also be interested to recover what we lost in gambling is because we Gamble for benefit we burnt Gamble to exercise a trial, so one of the major things that made us to feel that a gambling is something that is giving us a problem is it because we don't see gambling as a part of entertainment, we saw it as a process to make a money

Because they didn't understand that it's a game and that you can't win, or at least, always win.
Otherwise the casinos and gaming operators would go bankrupt.
I can't explain it to you with math, i am bad at math but i can explain it to you with logic and common sense.
If everyone wins, the casino closes. Right?

[centrum]

No gambler is expecting to lose any game they are playing but it is an unavoidable thing that one must lose. But a gambler is expecting to win a game, he will be disappointed so what he will do is to neutralize his mind from the both so that he will not be disappointed. When you placed bet don't expect anything and any outcome from the bet, you should accept it. Gambling is not a way of having income but it is an informal way of having money. Therefore don't put your mind on it.

what you said reflects realistic and mature thinking. no one gambles with the intention of losing but losing is the most natural and unavoidable part of gambling. problems begin when the expectation of winning becomes too high. the higher the expectation the greater the disappointment. that is why it is very important to remain mentally neutral about the outcome when placing a bet. i believe gambling should never be seen as a source of income. if it is treated only as entertainment or a risky activity the damage can be reduced. once you become emotionally attached or start building life expectations around winning you slowly lose control. therefore knowing your limits controlling your emotions and stepping away completely when necessary is the wisest choice.

[Juicyhome]

We're human and we think positive even when event turn out to be bad, our ability to make a stake in gambling is because we're expecting to win and that's possibility, no one goes into gambling with the mindset to lose, we always hope for the best even when we all know that the winning chances are low.

Whatever we think in gambling the obvious is that we lose more than we gain, but we still try everyday because we hope for the best time will come. The reason for gambling is to make a gain, that's why when we lose we get disappointed. Our expectations is always on the gaining that's we put in our money.
 

[nimogsm]

As a gamble you have to be prepared for anything that will comes out of gambling, because you can't predict the outcome all the time no matter how good you are in predictions. So when ever you want to gamble always have a budget and stick to it, and what ever budget you want to set, make sure you can afford to loose it so that when you loose all the money you budgeted for gambling you won't get disturb and start chasing after your looses.
So as a gambler don't expect to win all the time because gambling is a game of chance, always prepare your mind to face lost, because you will definitely loose and even end up not winning at all till the money you budgeted for gambling get exhausted.

It is important to add that if the initial budget is lost, you should not try to win it back immediately, as this can only worsen the current situation and drive the player into double losses. If the player has allocated a budget for the game and agrees to lose it, then even in the event of a loss, everything went well and it was simply the price paid for the time spent playing the game.

[ASloveapg]

As a gamble you have to be prepared for anything that will comes out of gambling, because you can't predict the outcome all the time no matter how good you are in predictions. So when ever you want to gamble always have a budget and stick to it, and what ever budget you want to set, make sure you can afford to loose it so that when you loose all the money you budgeted for gambling you won't get disturb and start chasing after your looses.
So as a gambler don't expect to win all the time because gambling is a game of chance, always prepare your mind to face lost, because you will definitely loose and even end up not winning at all till the money you budgeted for gambling get exhausted.

It is important to add that if the initial budget is lost, you should not try to win it back immediately, as this can only worsen the current situation and drive the player into double losses. If the player has allocated a budget for the game and agrees to lose it, then even in the event of a loss, everything went well and it was simply the price paid for the time spent playing the game.

Trying to compensate for this loss always leads to greater losses, not only in the initial stage but at any moment. If one cannot accept the loss and tries to compensate for it, then the result will definitely be greater losses. This is a complete reality, if someone sets a specific budget before playing and mentally accepts that even if he loses this money, there will be no fundamental problem in his life, then if that budget is lost, then he will have to get out of gambling without any further thought. Those who can maintain this control never face unexpected financial disasters, but the main thing is that maintaining this self-control is very difficult for everyone.

[Dr.Bitcoin_Strange]

It is important to add that if the initial budget is lost, you should not try to win it back immediately, as this can only worsen the current situation and drive the player into double losses. If the player has allocated a budget for the game and agrees to lose it, then even in the event of a loss, everything went well and it was simply the price paid for the time spent playing the game.

That's why I normally manage my gambling budget very differently from some people here, if I'm to allocate $30 (for example) to gambling, I don't deposit all the $30 at once, I split them in two or places and deposit it bit by bit, if I make the first deposit and lose it all, I'm not going to make another deposit until next time when I planned to gamble again. In this method, the money I deposit is my expected lose which I still expect to win some game from it, sometimes I win and sometimes I lose all the money.

[Joeboy]

You should never plan for an expected gain, it will lead to losses. You should also plan for the bet to be an expected loss.

If you have the mindset that you need to win, you will keep betting and betting and will be wrong and will lose everything. You need to accept the fact that gambling is risky and you might lose money and gamble with that in mind.

If you win, then its good, its a bonus. But if you lose, then its expected and you can move on and gamble some other day. You can't gamble and expect it to pay the bills and such, It will lead you to going on tilt and losing even more money.

Before placing a bet, you should expect losing, this is how I gamble. I don't expect profits because I have already accepted losing the money before using it. I see my gambling budget as a budget for fun and entertainment. If it happens that I win my bet, it makes me feel happier because I didn't expect it.

You are simply risking the amount you can afford to lose and that should be the step that every gambler should take.. This has been repeated here countless numbers of times, so should I even be saying this? Well let me just say it again- Loss are a huge part of gambling...Having this mindset should infact be the first priority of every gambler. Having it as a priority will make your gambling journey much less stressful, coz you would always be gambling within your limits and you wouldn't be needing to waste your time chasing your loss, and any outcome you receive from the bets you placed will be accepted by you regardless...

[STT]

The game has a cost so thats the inbuilt loss or cost to playing, you dont have to just expect but acknowledge and include it in your bet costs.   The gain is always very unexpected as thats the risky part not the known part, only the cost is known.  

  A really big unexpected gain I got once was in parimutuel betting on a late sports game, small site and too many bettors flooded into an underdog vs famous team bet.
  The bet I took was underdog, two players were top tier replacements and they won the game unexpectedly.  Because it was parimutuel the odds were not fixed and it went to many dozens to one in the odds and I won tons.  Large cash had chanced an easy victory but failed to spot the detail of two top tier players in underdog team.  Not expected, I would have bet more, it was always risky but good homework result by myself

[Tigerheart3026]

i expected more win in gambling despite the high risk involved in gambling, but no one expected to lose in gamble, everyone's target is winning in the bet. but your expectation shouldn’t excessive because anytime you lose big, so you need to maintain bankroll when you fall in big loses, if you can't place a sure win, so you can't expected only win, while win or lose both can happen, limit your bet, then you can afford to lose after all of money loses. expected gain is difficult in gamble, it’s rare.

[Asuspawer09]

Most of the time I was just expecting to win even though i think that i was surely going to lose because most of the time it is what is going to happened, but there are times that i was expecting both but i guess what mostly happened is losing.

I think it is better to expect losing since it is what mostly is going ti happened most of the time, so that when that happened you are going to be ready and not going to be devastated by the lose, its easy to digest or accept the lose, knowing that most of the time you are going to lose. Expecting winning is not going to be great because your just gonna get disappointed and that lose might cause you to losw control and do some wrong decisions base on your emotions, where you ciuld lose more money.

[Yamifoud]

Whatever we think in gambling the obvious is that we lose more than we gain, but we still try everyday because we hope for the best time will come. The reason for gambling is to make a gain, that's why when we lose we get disappointed. Our expectations is always on the gaining that's we put in our money.
 

It was a different feeling when you are gambling just for fun than when you are gambling for money. And whatever happens, we still can't accept it. Like, if we win, we want more. But in the case we lose, we take revenge and are disappointed.

I'd see how devastating it was when carrying a money mindset. And it is wrong because we can't control the situation, and even if we want to win and make a lot of money every day, that is impossible. That is why we don't have to put ourselves in a situation like this when we know that our luck can only decide when to win.