Altcoins Talks - Cryptocurrency Forum
Wider Crypto World => Gambling & Crypto Casinos => Gambling discussion => Topic started by: DaNNy001 on February 04, 2024, 07:41:32 PM
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When it comes to gambling there's nothing too greater to fear than the risk involved in it and that's also what makes the habit a really fun one too.
It's been long I actually stake a game on the English premier league and something just move me to fund my betting account and I had this peculiar games to play in my mind because of the way lately I haven't seen them flop, so I was very eager that one of the two will do so and the teams in questions is Chelsea and Manchester united.
The particular thought of playing the both teams to either lose was what was playing in mind all through and I got the chance to play them each with 10$ stake to lose and what me take this risk was because of some arguement also I had with my friend saying that both teams are back to their to winning ways which I knew very well that it was the opposite of the case.
So to caught the chase, I gamble with a total of 20$ and won 60$ as Chelsea lost the game to wolves by a whooping four goals to two and it was also fun watching the game and same time thrilling as a gambler to take such risk.
So here is my question, have done something like this knowing fully well that the risk is what brings the rewards and how did it go for you own experience.
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Risk is always and everywhere present. In fact, it is impossible to find a type of income where there is absolutely no risk. You just need to be able to diversify your risks, determining the maximum possible size of bets and losses. And bet where at least something depends on human participation
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The willingness to take a risk does occasionally arise, and when it does, there's a chance the risk will be successful. I don't hesitate to take a risk and try something new or different, even if I don't succeed. I'll be glad that I took a risk.
In life, taking a risk on something is preferable to not taking any risks at all. No matter how many times you fail, taking calculated risks is the foundation of success in the world we live in.
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The willingness to take a risk does occasionally arise, and when it does, there's a chance the risk will be successful. I don't hesitate to take a risk and try something new or different, even if I don't succeed. I'll be glad that I took a risk.
In life, taking a risk on something is preferable to not taking any risks at all. No matter how many times you fail, taking calculated risks is the foundation of success in the world we live in.
Yeah I think you relate very well, because the way I was feeling about this particular thought about either of this teams losing their match today was something I had to put my money on and just like you said it would have pained me more if I actually contemplated and failed to play the game and later saw the results to the match turned out to be exactly what I predicted. Sometimes a little faith is what we need and also the important note needs to be stated "use money that you can afford to lose" because not all the risk turn out to be in our favor.
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It is not only in gambling that risk brings gain. In our business or investment when you fail to take risk you will not be successful, and this is why risk is worth taking. OP, I will say that you are lucky that Chelsea have not improved just the way Manchester united have improved, maybe you would have lost both games, because you underestimated Man United and they made you lose your bet on their match. However, I will not call it a loss on your side because you made extra $40 profit. Gambling is all about taking risk on predicting what will happen in future which is a 50-50 chance of it happening or not.
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Gambling is all about risk it's left to you the gambler to chose the level of risk you're able and ready to bear which will also determine the amount of profit you can make as the higher the risk the bigger the profit that could potentially be made from it.
This season it's not a news to any sports gambler that Chelsea is not a reliable team to risk on due to their inconsistency and in that wolves game against them Chelsea it was really obvious that wolves were going to either get a draw or a win in that game because of Chelsea weak and non-creative performance lately in previous games, so your bet risk was a calculative one and more so luck was on your side too. As a gambler I only take calculative risk on games after doing a little research and also relying on luck to be by my side.
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When it comes to gambling there's nothing too greater to fear than the risk involved in it and that's also what makes the habit a really fun one too.
It's been long I actually stake a game on the English premier league and something just move me to fund my betting account and I had this peculiar games to play in the mind because of the lately I haven't seen them flop so I was very eager that one of the two will do so and the teams in questions is Chelsea and Manchester united.
The particular thought of playing the both teams to either lose was what was playing in mind all through and I got the chance to play them each with 10$ stake to lose and what me take this risk was because of some arguement also I had with my friend saying that both teams are back to their to winning ways which I knew very well that it was the opposite of the case.
So to caught the chase, I gamble with a total of 20$ and won 60$ as Chelsea lost the game to wolves by a whooping four goals to two and it was also fun watching the game and same time thrilling as a gambler to take such risk.
So here is my question, have done something like this knowing fully well that the risk is what brings the rewards and how did it go for you own experience.
I don't bet soccer often but if I feel like a team has been running bad I see nothing wrong with taking advantage of their bad fortune. Making 3-1 from my bet and making the game more entertaining to watch is never a bad thing either.
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To shorten your post in a few words, you bet on the underdog and then you won. It's already understood that there is a higher risk of losing on huge underdogs but it's obviously more rewarding. I've done it a couple of times on football and NBA (won some and lost some). I was close to betting on West Ham against Man United because of the odds (5 to 1 IIRC) and I could have lost that one.
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The willingness to take a risk does occasionally arise, and when it does, there's a chance the risk will be successful. I don't hesitate to take a risk and try something new or different, even if I don't succeed. I'll be glad that I took a risk.
In life, taking a risk on something is preferable to not taking any risks at all. No matter how many times you fail, taking calculated risks is the foundation of success in the world we live in.
So here is my question, have done something like this knowing fully well that the risk is what brings the rewards and how did it go for you own experience.
Yeah we always look for good chances in every risk we are taking though there is no assurance of having the positive results but atleast we tried. It's same with like "no guts, no glory" and "no pain, no gain" thing.
It does not go really well for me because the risks I took wasn't worth the results but that's part of it, what is important is I enjoyed the game.
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In my thinking, gambling is synonymous with risk and so to gamble is to take risk because the outcome is not certain. Gambling is for the risk-taker and not the comfort seekers. I must commend your ability to follow your mind. Most gamblers don`t follow their instinct and they end up losing and regretting why they didn`t follow their mindset.
This is even one of the reasons why football prediction sites will not guarantee you any win. Over the weekend, I followed some of the football prediction sites and all they predicted was that Chelsea would win so to be on the safer side I double-chanced Chelsea but lost at last.
Kudos to you for that bold decision. It is the beauty of the game. When you take risk and win you remain happy. In fact, it is risky not to take risk lol.
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Taking risks is the biggest support behind winning, a person who does not take risks in life cannot achieve success. The greatest things in life must be achieved through hard work and risk. For example, in betting or investing, the more risk you can take, the more profit you can make. I mainly bet a lot from cricket and football games where my profit is gained by taking risk and I bet most on my favorite teams.
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Risk is always and everywhere present. In fact, it is impossible to find a type of income where there is absolutely no risk. You just need to be able to diversify your risks, determining the maximum possible size of bets and losses. And bet where at least something depends on human participation
In my life so far there have been many risks, such as the risks of raising children, the risks of work and various risks of traveling when going to work.
But unfortunately we also directly counter this risk with our thoroughness so that this risk does not happen to us.
There are also a lot of risks in gambling, this is exactly the story I had with my ex-husband who was a very addicted gambler.
Maybe if my ex-husband wasn't addicted to gambling, maybe I would still be his wife now.
My advice when it comes to gambling is don't focus too much so it doesn't become addictive. Addict=danger=loss.
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Taking risks is the biggest support behind winning, a person who does not take risks in life cannot achieve success. The greatest things in life must be achieved through hard work and risk. For example, in betting or investing, the more risk you can take, the more profit you can make. I mainly bet a lot from cricket and football games where my profit is gained by taking risk and I bet most on my favorite teams.
Risk will always exist in every aspect of life, especially if we want a profit, I don't think I've ever seen something that can bring profit without risk. Maybe the difference is the size of the risk. But usually the greater the risk, the greater the opportunity for profit.
If someone does not dare to take risks then that person will be very difficult to walk to success, I agree with that. Many successful people also come from the risks they took at the beginning until finally they can bear sweet fruit.
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So to caught the chase, I gamble with a total of 20$ and won 60$ as Chelsea lost the game to wolves by a whooping four goals to two and it was also fun watching the game and same time thrilling as a gambler to take such risk.
So here is my question, have done something like this knowing fully well that the risk is what brings the rewards and how did it go for you own experience.
This is what makes gambling exciting, the fun, the risk, and the rewards associated with it and this is what makes us gamble over and over again, we are having fun while at the same we have a chance to double or triple our money I gamble first to have fun and with the least expectation that I can make a profit, making a profit from gambling should be the secondary when we gamble, casino is never a cash cow rather its the other way around and you should be guided on how casino works to avoid trauma of those who gamble for profit.
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So here is my question, have done something like this knowing fully well that the risk is what brings the rewards and how did it go for you own experience.
Ah, I remember about a certain film entitle No Risk No Gain (https://www.imdb.com/title/tt0101011/), it is also about gambling. Yes, because this is gambling. Gambling is indeed a risky thing, so if you can't take risks and be able to manage risks well and wisely, it won't live up to expectations. However, that doesn't mean you really have to be reckless without calculating the risk. Because even in gambling, you should always think about what the future risks are, and how to deal with them. Sometimes we only focus on the gains we want to achieve but we forget the actual process. When we only think recklessly and also think about luck, then this will be quite successful, because after all luck will not always come to us immediately.
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How much risk for how much gain though? Everyone goes "I shall risk a lot to win a lot!!" and could lose, it all depends on the risk/reward ratio. If you are talking about Bayern Munich vs Darmsadt game where Bayern gets 1.01 odds, then I would rather not gamble with that, there is really no need to, no matter how much guaranteed it may look. But if the same game is 1.40, then why not think about it? It would be possible. You are still risking your money to gamble in both cases, but one does better than the other, that's the important part. Always keep in mind the risk/reward ratio.
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How much risk for how much gain though? Everyone goes "I shall risk a lot to win a lot!!" and could lose, it all depends on the risk/reward ratio. If you are talking about Bayern Munich vs Darmsadt game where Bayern gets 1.01 odds, then I would rather not gamble with that, there is really no need to, no matter how much guaranteed it may look. But if the same game is 1.40, then why not think about it? It would be possible. You are still risking your money to gamble in both cases, but one does better than the other, that's the important part. Always keep in mind the risk/reward ratio.
That's very correct mate, evaluation of the supposed risk is very important and that's why I have a friend who believes and think their is no need using big money to actually place a bet because if the games is to result as lose nothing can stop it and if the game is to turn out and be a success nothing can stop it, so he believes for every game or bet you place the amount intended to win should be money that can actually solve problems for you and change your life so that you won't go back to playing it again. So he never risks his money on small odds or something he knows will still turn round and cause problems for him more.
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Sports absolutely gives me joy, if not for some circumstances I definitely would have been a football player but I don't just have the skill, I was a bad player. So, since I can't do it, I love people who do it and aslo prefer to gamble mostly on sports because it's fun to me. Gambling is risk itself and a gambler must have it in their heart that gambling is not a source of income but one can luckily make big profit.
While gambling, enjoy the game, have fun, lose some money
and also pray you are lucky enough to win too because that what it's all about. Win or lose.
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All progress can be reached by taking risks. A person who doesn't take risks in life can't progress in life, especially when taking risks in gambling can get others there. The people who play and invest nowadays are the ones who can make the most money. Taking risks online and in real life can lead to improvement.
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When it comes to gambling there's nothing too greater to fear than the risk involved in it and that's also what makes the habit a really fun one too.
It's been long I actually stake a game on the English premier league and something just move me to fund my betting account and I had this peculiar games to play in my mind because of the way lately I haven't seen them flop, so I was very eager that one of the two will do so and the teams in questions is Chelsea and Manchester united.
The particular thought of playing the both teams to either lose was what was playing in mind all through and I got the chance to play them each with 10$ stake to lose and what me take this risk was because of some arguement also I had with my friend saying that both teams are back to their to winning ways which I knew very well that it was the opposite of the case.
So to caught the chase, I gamble with a total of 20$ and won 60$ as Chelsea lost the game to wolves by a whooping four goals to two and it was also fun watching the game and same time thrilling as a gambler to take such risk.
So here is my question, have done something like this knowing fully well that the risk is what brings the rewards and how did it go for you own experience.
Congratulations for win. I also believe without risk no one can gain. We known crypto currency market and this sector is risky but gaining rate also high from this sector. Here many option for earning but all has risk. With trading and gambling many people released from economic crisis. And being established economically.
So i think if you want to gain any sector specially from crypto you have to take some risk. Because no risk no gain.
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All progress can be reached by taking risks. A person who doesn't take risks in life can't progress in life, especially when taking risks in gambling can get others there. The people who play and invest nowadays are the ones who can make the most money. Taking risks online and in real life can lead to improvement.
There are some risks that needs to be well calculated too although am more of the type that go all out when it comes to tasking risk but I still do have this mentality of maintaining the risk ratio calculation because if you gradually break that line it can have some serious consequences that affect you badly so it's always good to know your limits and boundaries because if you failed to acknowledge it, the results will be devastating for me it always work but I don't know if it's works for others too.
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But it's true that gambling is a very risky activity, so of course when we don't dare to take that risk, where do we want to get high profits from? because that's the logic. but in that world there is really no certainty whether the result will be a true profit or a loss. Moreover, if it is Gamping which only relies on shellac, then we won't know how to make a profit with our presentation, right? but if for example we don't stop taking these risks, we won't get the results we might hope for.
In essence, whatever risk we want to take, we must be truly prepared and accept that risk. especially in gambling, so we really have to understand how much it is possible for us to make a profit and how much we might lose, so this can be a careful consideration for us before entering into gambling.
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But you have to agree that people are attracted to risk, it gives a lot of emotions when you manage to win. I got a lot of positive emotions when I won 550 dollars in the tournament from Fairspin, although I thought it was unrealistic
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But you have to agree that people are attracted to risk, it gives a lot of emotions when you manage to win. I got a lot of positive emotions when I won 550 dollars in the tournament from Fairspin, although I thought it was unrealistic
There's always a different feeling when we win something risky. But we must also be prepared to lose. The high risk then makes us also feel happy when we get it.
But in gambling it all depends on luck, and luck we never know when it will happen. It can be with small capital that will make us win big, and vice versa with large capital will not get anything.
One thing I always say is not to gamble without limits, especially to chase victory, because it will make us lose more.
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It is not just that without risk there is no gain, it is that there is an inverse correlation between profitability and risk both for betting, for investments and economic matters in general.
When you get 100 for every 1 you bet on a particular sports bet, or casino bet, I don't care, it's because the risk of losing is very high. If, on the other hand, you get 0.98 for every 1 you bet if you win, it is because the probability is about 50% (like playing red or black roulette). For investments, if you put money into an altcoin that has just been launched, you might make a x1,000 but because you will most likely lose money. On the other hand, if you invest in bitcoin, you are not going to make a x1,000 this cycle, but it is much more unlikely that you will lose money.
With this in mind, we will be better able to manage our money.
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Risk is one of the keys to our greatest success in life. If we want to be the most successful in whatever we do, there must be the highest level of risk involved. Be it gambling or investment or maybe business. In every case, as we have on one side a greater chance of success, there is a greater chance of failure on the opposite side. In every aspect of our lives, big decisions require us to take risks. But the risk you take in gambling is like double the profit on one hand and on the other hand you will lose your money completely. If you are smart and tactful in this case, you may win. But to be successful there will be risks.
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In fact, although I gamble a lot on sports sites, I never participate in competitive match betting. I always participate in easy and sure win team bets due to which I win almost every bet. I take this gambling as entertainment I do not take this gambling as a way to make money. But many people like you can participate in gambling with risk even if they win in some cases but it is better not to participate in gambling platform with so much risk because if you lose you will lose a lot of money. For betting on gambling platforms it is always better to participate in certain winning matches and not to participate in very competitive matches.
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In fact, although I gamble a lot on sports sites, I never participate in competitive match betting. I always participate in easy and sure win team bets due to which I win almost every bet. I take this gambling as entertainment I do not take this gambling as a way to make money. But many people like you can participate in gambling with risk even if they win in some cases but it is better not to participate in gambling platform with so much risk because if you lose you will lose a lot of money. For betting on gambling platforms it is always better to participate in certain winning matches and not to participate in very competitive matches.
Taking such risks makes the winnings we get also comparable, because the bookmakers make odds according to the strength of the two teams. one of the ways I do is by doing multibet betting, it will make the winnings even bigger by betting on relatively easy matches.
For some people maybe an easy match like this is more tempting, but for others they will bet on competitive matches, because the tension is also different, and I also do it several times.
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So here is my question, have done something like this knowing fully well that the risk is what brings the rewards and how did it go for you own experience.
If you can afford to lose something in gambling, then anyone can take that risk. A small amount that you can through away could be put into gambling if you are certain somewhat that you can probably make a win and some profit from it. The problem arises only when people do not think about it and only think about the profit or money.
If you have the ability to afford it, taking a risk is not a big deal TBH. But people put more money than they can lose and end up losing everything. This is the problem nowadays. More people are becoming jobless or sitting like a bum, and then they want to make quick money. For that reason they choose gambling and greed and fear lead them to losses. In some cases, they lose everything.
So my initial opinion would be if you are familiar with gambling and you know how to make it work, only then take risks.
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It's a difficult choice for me because I don't gamble and don't want to gamble, currently I'm focusing on my final college assignment.
But if I choose this, maybe I will definitely take that risk, I lose 10 USD if I lose and 60 USD if I win.
This guess is like being in a FUN position, but if I bet on soccer betting above 10 USD then it looks like it will make my life miserable.
Remember, this is just my metaphor if I gamble and I don't gamble. So, 10 USD for gambling capital if you win 60 USD is very reasonable and that's a big value in my place.
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It's a difficult choice for me because I don't gamble and don't want to gamble, currently I'm focusing on my final college assignment.
But if I choose this, maybe I will definitely take that risk, I lose 10 USD if I lose and 60 USD if I win.
This guess is like being in a FUN position, but if I bet on soccer betting above 10 USD then it looks like it will make my life miserable.
Remember, this is just my metaphor if I gamble and I don't gamble. So, 10 USD for gambling capital if you win 60 USD is very reasonable and that's a big value in my place.
The best way not to gamble is not to do it; it can be difficult to do that. As you said, by risking $10, you will get $60 if you win, but what is the percentage chance of winning compared to losing? It is certain that the percentage of losses is greater than that of wins; if that is the case, it is certainly wise not to gamble.Remember, gambling will be addictive, just like consuming illegal drugs, so don't try to do it as long as you can avoid it.
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It's a difficult choice for me because I don't gamble and don't want to gamble, currently I'm focusing on my final college assignment.
But if I choose this, maybe I will definitely take that risk, I lose 10 USD if I lose and 60 USD if I win.
This guess is like being in a FUN position, but if I bet on soccer betting above 10 USD then it looks like it will make my life miserable.
Remember, this is just my metaphor if I gamble and I don't gamble. So, 10 USD for gambling capital if you win 60 USD is very reasonable and that's a big value in my place.
The best way not to gamble is not to do it; it can be difficult to do that. As you said, by risking $10, you will get $60 if you win, but what is the percentage chance of winning compared to losing? It is certain that the percentage of losses is greater than that of wins; if that is the case, it is certainly wise not to gamble.Remember, gambling will be addictive, just like consuming illegal drugs, so don't try to do it as long as you can avoid it.
Gambling generally gives people pleasure, because many gamblers enjoy playing. If you are new to gambling then chances of loss will be high, and if you are experienced in gambling then chances of winning will be high. There are many gambling strategies that have been followed by thousands of gamblers to win. You can win if you gamble using experience and strategy but you will face losses when you become addicted to gambling. You need to take 2-3 Days retirements a week to avoid gambling addiction.
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Op you have well articulated for the risk management thread. If you want to make it in life you must have risk or you must face risk to succeed in life. Nobody played bet and still expect lose from the bet and that mindset is the risk involved as well and also the high tension of the gambler causes the risk in the betting. And in this season whenever Chelsea is playing with someone, just support the opposite team. And keep the faith in it. Risk is everywhere.
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Op you have well articulated for the risk management thread. If you want to make it in life you must have risk or you must face risk to succeed in life. Nobody played bet and still expect lose from the bet and that mindset is the risk involved as well and also the high tension of the gambler causes the risk in the betting. And in this season whenever Chelsea is playing with someone, just support the opposite team. And keep the faith in it. Risk is everywhere.
I couldn't stop laughing 😁 why the reference to Chelsea, I think you don't bet that much because you would have known that Chelsea are now keeping up and have won their games on a row so betting against them is actually not a good idea at all. Although when it comes to risk and success the two are tied like brother of the same feathers so its highly imperative that every successful man must have taken one or two risk in his build up to the success he is enjoying.
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No Risk No Gain This applies to all aspects of life. No matter how much you invest in life if you don't take risk there will be no chance of benefit especially in the cryptocurrency world there will be risk behind every investment you make only if you take risk there is only chance of profit. Risk investing is just like crypto currency in gambling, here some people invest with risk and become rich overnight in a short period of time and some people invest with risk and end up bankrupt due to the cruel irony of fate. However, with every investment, the two words risk and gain are closely related. No investor can ever avoid these two things.
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No Risk No Gain This applies to all aspects of life. No matter how much you invest in life if you don't take risk there will be no chance of benefit especially in the cryptocurrency world there will be risk behind every investment you make only if you take risk there is only chance of profit. Risk investing is just like crypto currency in gambling, here some people invest with risk and become rich overnight in a short period of time and some people invest with risk and end up bankrupt due to the cruel irony of fate. However, with every investment, the two words risk and gain are closely related. No investor can ever avoid these two things.
Exactly, but it is more pronounced in gambling as the very definition of it is risk. So yeah, if you don't try and take that risk, you don't know if you are going to win or lose. And as gamblers, we are willing to take on that one. However, there are risk that we should also learn to mitigate. Specially if the money that you are going to play is allotted for something.
And with that, in any investment and gambling, risk will be involved no matter what. It's just how to to control and implementing these risk mitigation strategies, individuals can gamble more responsibly, reduce the likelihood of significant losses, and maintain better control over their gambling behavior.
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No Risk No Gain This applies to all aspects of life. No matter how much you invest in life if you don't take risk there will be no chance of benefit especially in the cryptocurrency world there will be risk behind every investment you make only if you take risk there is only chance of profit. Risk investing is just like crypto currency in gambling, here some people invest with risk and become rich overnight in a short period of time and some people invest with risk and end up bankrupt due to the cruel irony of fate. However, with every investment, the two words risk and gain are closely related. No investor can ever avoid these two things.
Exactly, but it is more pronounced in gambling as the very definition of it is risk. So yeah, if you don't try and take that risk, you don't know if you are going to win or lose. And as gamblers, we are willing to take on that one. However, there are risk that we should also learn to mitigate. Specially if the money that you are going to play is allotted for something.
An important prerequisite in every business is risk management and how to mitigate the impact of risk to achieve business success and change conditions. Gambling is no exception, but the amount of risk in gambling is much higher than in other investments. Especially those who take risks in gambling and often hold big bets can sometimes become millionaires and billionaires if luck favors them.
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It's a difficult choice for me because I don't gamble and don't want to gamble, currently I'm focusing on my final college assignment.
But if I choose this, maybe I will definitely take that risk, I lose 10 USD if I lose and 60 USD if I win.
This guess is like being in a FUN position, but if I bet on soccer betting above 10 USD then it looks like it will make my life miserable.
Remember, this is just my metaphor if I gamble and I don't gamble. So, 10 USD for gambling capital if you win 60 USD is very reasonable and that's a big value in my place.
The best way not to gamble is not to do it; it can be difficult to do that. As you said, by risking $10, you will get $60 if you win, but what is the percentage chance of winning compared to losing? It is certain that the percentage of losses is greater than that of wins; if that is the case, it is certainly wise not to gamble.Remember, gambling will be addictive, just like consuming illegal drugs, so don't try to do it as long as you can avoid it.
I think the percentage is 50:50, it's just luck in gambling if win , everything is regulated by the gambling organizers, actually when you can win and lose . if all players win when will the gambling owner make a profit.
better to avoid than to try I think
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It's a difficult choice for me because I don't gamble and don't want to gamble, currently I'm focusing on my final college assignment.
But if I choose this, maybe I will definitely take that risk, I lose 10 USD if I lose and 60 USD if I win.
This guess is like being in a FUN position, but if I bet on soccer betting above 10 USD then it looks like it will make my life miserable.
Remember, this is just my metaphor if I gamble and I don't gamble. So, 10 USD for gambling capital if you win 60 USD is very reasonable and that's a big value in my place.
The best way not to gamble is not to do it; it can be difficult to do that. As you said, by risking $10, you will get $60 if you win, but what is the percentage chance of winning compared to losing? It is certain that the percentage of losses is greater than that of wins; if that is the case, it is certainly wise not to gamble.Remember, gambling will be addictive, just like consuming illegal drugs, so don't try to do it as long as you can avoid it.
I think the percentage is 50:50, it's just luck in gambling if win , everything is regulated by the gambling organizers, actually when you can win and lose . if all players win when will the gambling owner make a profit.
better to avoid than to try I think
Well yeah, that is really the most accurate the 50:50 chance of winning and losing depends on how fair play works if it favors on the side of the owner then expect a devastating loss. We all know that it's all random based on what algorithm and program casino owners use but yeah all in all a win/win for the casino owners I think.
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Essentially without risk there is no benefit. Because even in business you are constantly risking your money, but you can also risk in gambling. I had an experience when I opened a coffee shop and lost and when I tried to play on the fairspin platform on the advice of a friend and earned more on this platform than on my own business with minimum effort. Luck decides everything
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Essentially without risk there is no benefit. Because even in business you are constantly risking your money, but you can also risk in gambling. I had an experience when I opened a coffee shop and lost and when I tried to play on the fairspin platform on the advice of a friend and earned more on this platform than on my own business with minimum effort. Luck decides everything
Maybe in business, as you say, the concept will be different, although perhaps the gambling is in the concept of running a business, which usually always requires the courage to step up and open the first time. As you experience, on the one hand, you do it but don't succeed, but on the other hand, you can succeed well. gambling in the business you do in positive terms.
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yeah is true but sometimes we can say is a calculated risk where you need to be very mindful before involving in such bets otherwise you could lose or lets come to think of this if that you placed the bet and it went against you would have reacted like this? I think you will be angry with yourself for losing that game coupled with your money, so it's sucking when you plan your games and it went against you even with fate that you will win the bet and it turns out to be lost you won't be happy, therefore before we go into any bet we should be ready to accept the lost and risk associated with it before taking the bold steps to gamble.
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I believe that progress in life is not possible without taking risks, but taking risks in the wrong places is always foolish. We are taking a risk on something that we have no idea about or taking a risk on something that we are most likely to lose our money on. The risk we take in investing is definitely right for us but if we take high risk in gambling it is not very safe for us. This is why you shouldn't risk maximum money in gambling because if your prediction is even a little wrong in gambling then there is a possibility of losing the entire money. If we gamble responsibly then gambling is fine for us but if we are addicted to gambling and do not risk money then it is not fine for us at all.
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Essentially without risk there is no benefit. Because even in business you are constantly risking your money, but you can also risk in gambling. I had an experience when I opened a coffee shop and lost and when I tried to play on the fairspin platform on the advice of a friend and earned more on this platform than on my own business with minimum effort. Luck decides everything
I agree with you. Taking risks is an inherent part of gambling. Gamblers are constantly making decisions that involve some level of risk because placing a bet on an outcome that is so uncertain is risky. For example, taking up your hard-earned money to a betting shop and then using the money to bet on a set of accumulated games involves a significant financial risk, as there is no guarantee of success - there is always the possibility of losing. However, with this risk comes the potential for great reward. If the bet plays, the gambler stands to make a profit. This notwithstanding, the risk should always be calculated to prevent irreparable loss.
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"So here is my question, have done something like this knowing fully well that the risk is what brings the rewards and how did it go for you own experience.
Everything about life is a risk and is even risky not to take a risk, there is a saying that said "if you don't take the risk you will not eat the biscuit"so eating good biscuit and meant for people who take major risk, every work or business you do have at least a minimum amount of risk attached to the job or business, but in everything you do always take calculated risk.
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Essentially without risk there is no benefit. Because even in business you are constantly risking your money, but you can also risk in gambling. I had an experience when I opened a coffee shop and lost and when I tried to play on the fairspin platform on the advice of a friend and earned more on this platform than on my own business with minimum effort. Luck decides everything
Maybe in business, as you say, the concept will be different, although perhaps the gambling is in the concept of running a business, which usually always requires the courage to step up and open the first time. As you experience, on the one hand, you do it but don't succeed, but on the other hand, you can succeed well. gambling in the business you do in positive terms.
I agree with taking risks, but I don't agree if you say that gambling can take away from the business concept, because this is not the same thing at all. Taking risks in business can still be used as a concept in gambling, but overall it is not the same.
Gambling will be very attached to luck, whereas in business we have to work hard and learn from experience to make our business even better. In gambling what kind of hard work should we do? I think there is no.
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I gambled and lost there too. My losses are more than my gains but still I want to continue my gambling. Because I believe today or tomorrow I will get a big win as per my wish. But if I don't participate in gambling then that possibility does not exist. Basically this thing stirs up every gambler so much that they try again and again despite losing. Loss ratio is more than win in gambling but still gamblers like to take risk. They know that it is not possible to win from gambling without taking risks.
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Well as we all know that the more the risk the more the gain , and we all know that in gambling is two ways either you loss or you profit, most time depending on your luck. That why anything you want to gamble you should gamble responsibly, like using funds you can afford to lose not going all at once in order to gain higher profit from your stakes. Though is true that no risk no gain but , while when taking any risk always be mindful of the risk you taken.
I gambled and lost there too. My losses are more than my gains but still I want to continue my gambling. Because I believe today or tomorrow I will get a big win as per my wish. But if I don't participate in gambling then that possibility does not exist. Basically this thing stirs up every gambler so much that they try again and again despite losing. Loss ratio is more than win in gambling but still gamblers like to take risk. They know that it is not possible to win from gambling without taking risks.
yeah it can be like that sometime, the thing is that your losses begin ti go out if control when you trying to get what you loss back, is good to always keep trying but as you doing be learning from your past mistakes. And you are right one day you may surely hit the jackpot that will change yah life for the better. And trust gambling can do that but only when you gambling responsibly.
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I gambled and lost there too. My losses are more than my gains but still I want to continue my gambling. Because I believe today or tomorrow I will get a big win as per my wish. But if I don't participate in gambling then that possibility does not exist. Basically this thing stirs up every gambler so much that they try again and again despite losing. Loss ratio is more than win in gambling but still gamblers like to take risk. They know that it is not possible to win from gambling without taking risks.
Most times the problem is not about taking risks but about continually chasing loss to the point that you incur irreparable loss. When a gambler continues to pursue his losses through increased bets, he exposes himself to deeper financial holes.
This behaviour can escalate into a cycle of compulsive gambling, where the gambler will struggle to regain control over his actions and face mounting debts and personal hardships.
In as much as it is good to take risks, a gambler should always know when to pause. Setting limits on time and money spent on gambling activities can help the gambler maintain a healthy balance and prevent excessive losses.
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I gambled and lost there too. My losses are more than my gains but still I want to continue my gambling. Because I believe today or tomorrow I will get a big win as per my wish. But if I don't participate in gambling then that possibility does not exist. Basically this thing stirs up every gambler so much that they try again and again despite losing. Loss ratio is more than win in gambling but still gamblers like to take risk. They know that it is not possible to win from gambling without taking risks.
But you also have to remember that the winnings you get one day are the money you lost before. But if you are ready for that then do it, because you definitely know the risks.
It's true, if we don't take risks then we won't know what we will get in the future. However this is a gambling where there are more losses than wins, so we have to be prepared and gamble with money that we are ready to lose because it will be better.
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Whether it is gambling, trading, or investing, there's always a risk, and you know what? That's what makes the thing exciting.
We know that in all 3 of the things that I said, there will always be winners, and there will always be losers. Those who risk their money have the chance to gain more money.
Of course in gambling, risking alone isn't enough for you to gain. There's still an element of luck and strategy. As for my experience, I can't remember a time when I put my money into somebody who had a low chance of winning and fortunately won the game (more on sports bets). Most of the time, I lose whenever I put my bet on somebody who has a low chance of winning. Anyway, this isn't only applicable in gambling, but in everyday life as well. I mean those who are risking their lives working for 8 hours just to gain money. Those who are risking their lives working for other people just to gain income.
Overall, not risking whether it is gambling, trading or investing will not gain you any money, and if you do not take the risk, you will just be jealous to the people around you who took the risk and fortunately won.
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Lol... its exciting how gamblers talk about their winning experience. That is the fun and interesting part of gambling, and risk taking is also something most gamblers are willing to take in order to win big...
And I will still advice you to always stake or gamble the money that you can afford to loose at that moment.
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Whether it is gambling, trading, or investing, there's always a risk, and you know what? That's what makes the thing exciting.
We know that in all 3 of the things that I said, there will always be winners, and there will always be losers. Those who risk their money have the chance to gain more money.
lol truly exciting, and you are right . Despite that there are risk in investing, trading and gambling. But still a lot of individuals lives has been changed through all these means . I have heard about stories on how alot of people live got changed for the better for hitting a certain jackpot during their gambling section, that why there's this saying anything you're doing worth doing well . So inorder for one to also have a positive turnup in his through gambling he or she must have good principles and good emotional management. You know most time our emotions get the best of us, leading us into making rash decisions that may endup affecting us negatively.
Lol... its exciting how gamblers talk about their winning experience. That is the fun and interesting part of gambling, and risk taking is also something most gamblers are willing to take in order to win big...
And I will still advice you to always stake or gamble the money that you can afford to loose at that moment.
yeah, Is more wiser to use money you can afford to lose, using it would help you to be composed and gamble without feeling any tensed. And you know most time you can't think properly when you're tensed , the only Reason for one to be feeling tensed most time is when using funds you can't afford to risk (important money set aside to cover some certain expenses).
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When a man plans something good, he gets his reward according to that plan. Similarly, without taking risk, it is never possible to make a profit. First of all, you have to take a risk, only then the profit will come as a result of that risk. When you start a business you must take risks otherwise you will never be able to build a business and move forward in the future. So risk is the most important thing if you take risk only you can succeed in future and never dream of success.
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When a man plans something good, he gets his reward according to that plan. Similarly, without taking risk, it is never possible to make a profit. First of all, you have to take a risk, only then the profit will come as a result of that risk. When you start a business you must take risks otherwise you will never be able to build a business and move forward in the future. So risk is the most important thing if you take risk only you can succeed in future and never dream of success.
Risks must be taken to move forward in life. Those who don't know how to take risks can never succeed in anything. Be it trading or investing, risk must be taken without taking risk, success can never be achieved. While trading in some cases we are hindered a lot just when we have to take risk and move forward in the trading platform then if we don't take risk and move forward but we can't earn money by trading. I have seen many people who don't know how to take risks who don't know how to take risks never achieve anything good. So take risks move forward in life and achieve success only then you will find success in life.
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When a man plans something good, he gets his reward according to that plan. Similarly, without taking risk, it is never possible to make a profit. First of all, you have to take a risk, only then the profit will come as a result of that risk. When you start a business you must take risks otherwise you will never be able to build a business and move forward in the future. So risk is the most important thing if you take risk only you can succeed in future and never dream of success.
Risks must be taken to move forward in life. Those who don't know how to take risks can never succeed in anything. Be it trading or investing, risk must be taken without taking risk, success can never be achieved. While trading in some cases we are hindered a lot just when we have to take risk and move forward in the trading platform then if we don't take risk and move forward but we can't earn money by trading. I have seen many people who don't know how to take risks who don't know how to take risks never achieve anything good. So take risks move forward in life and achieve success only then you will find success in life.
A gambler must be prepared to take risks. It is not possible to achieve success from any platform without risk. Those who know how to take risks will be ahead of success both in gambling and on trading platforms. Moreover, there is an inherent risk in any investment. Gamblers or traders who are not willing to take risks tend to lose more. When a trader takes risk while trading there may be profit or loss but he does not lose his wealth completely but when a gambler takes risk he either wins or loses his entire money. There is no alternative to taking risks, regardless of the position. No one has ever succeeded without taking risks. More or less a gambler must learn to take risks.
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I gambled and lost there too. My losses are more than my gains but still I want to continue my gambling. Because I believe today or tomorrow I will get a big win as per my wish. But if I don't participate in gambling then that possibility does not exist. Basically this thing stirs up every gambler so much that they try again and again despite losing. Loss ratio is more than win in gambling but still gamblers like to take risk. They know that it is not possible to win from gambling without taking risks.
It is what it is,one must do something for him to become something,if taking risk is what it takes to be something out of life,then every man needs it.In gambling,every action we take towards making money is risk,because there is no sure game in gambling, anybody that says he or she has a game that is sure to play is lieing to you,even the games that has been fixed is also a risk gambling on it, because in the process of playing,minds can still change and the game will cut.
We lose everyday while gambling,but instead of us quitting,we have decided to continue till we win big.
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As the topic implies and states it clearly, there is no gain in gambling without taking risk.
There is no specific or ensured winning in gambling, because gambling is all based on luck, so willing to be able to take the risk of gambling with your money to win is something that may be difficult for most people to do . But the truth is if you're gambling and taking the risk too, you have to trade with caution because you don't know when you will loose or win.
In other to win big, you must take risk, and always have it at the back of your mind too that you won't win always so some risk you take, your money be lost.
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I gambled and lost there too. My losses are more than my gains but still I want to continue my gambling. Because I believe today or tomorrow I will get a big win as per my wish. But if I don't participate in gambling then that possibility does not exist. Basically this thing stirs up every gambler so much that they try again and again despite losing. Loss ratio is more than win in gambling but still gamblers like to take risk. They know that it is not possible to win from gambling without taking risks.
That's the craziness and also sweetness that comes with gambling. Sometimes maybe after you might have tried playing and the win isn't coming, you then ask some questions about not being lucky but even with that the hope to win still strives and that's what keep every gambler going but some go too far with this hope and do crazy or should I say take crazy risk and it sometime land them in the habit of addiction.
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As the topic implies and states it clearly, there is no gain in gambling without taking risk.
There is no specific or ensured winning in gambling, because gambling is all based on luck, so willing to be able to take the risk of gambling with your money to win is something that may be difficult for most people to do . But the truth is if you're gambling and taking the risk too, you have to trade with caution because you don't know when you will loose or win.
In other to win big, you must take risk, and always have it at the back of your mind too that you won't win always so some risk you take, your money be lost.
The thing is that these things are very delicate, sometimes we do our best to do things in the most correct way possible, but if we are looking for more comfort and more money, then we have casinos that are the best, but to make money it is usually very difficult, either you have to be very lucky or the truth is that we have to be players who have to have many gifts to be able to compete and win many times in a casino, I don't see the experience that results much in a casino, because the casino always You will be overwhelmed by luck, however you can talk about games like poker that have a lot to do with strategy, skill and luck.
In this case, we are people who are always going to see things from many points of view, first we have to risk, but we determine the risk, we should not take a big risk either , sometimes it is not possible, we can talk about small risks .
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Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.
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Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.
Indeed, taking risks is very inherent in so many aspect of life, and sometimes you can hardly strike a balance between taking risks and avoiding losses because most times, risks don't usually play out in your favor, sometimes your plan goes bazaar and you end up incurring losses for yourself. On the other hand, without taking risks, there'll be barely any room for growth but that doesn't mean you should overdo it, one should always know how to manage certain risks and also remember that not all risks are worth taking, especially when the risk involves putting what you can't afford to lose in line, such risks are not worth taking at all.
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Indeed, taking risks is very inherent in so many aspect of life, and sometimes you can hardly strike a balance between taking risks and avoiding losses because most times, risks don't usually play out in your favor, sometimes your plan goes bazaar and you end up incurring losses for yourself. On the other hand, without taking risks, there'll be barely any room for growth but that doesn't mean you should overdo it, one should always know how to manage certain risks and also remember that not all risks are worth taking, especially when the risk involves putting what you can't afford to lose in line, such risks are not worth taking at all.
When you take a risk, you must have an understanding of risk management and so that taking that risk does not create a bad situation in your life financially. I take risks and I have an eye on how to manage those risks, just because I'll take risks in gambling doesn't mean I'll risk everything.
I am always risking a small amount of my earnings which I will not see in big trouble financially if I lose it. But if I get a win with that risk, it will definitely be more worthy than my risk.
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Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.
I agree with you. Everything in life involves risk. Simply put, life itself is a risk. Someone wakes up, takes his bath and goes out without knowing what will happen to him in the next minute. Risk is an inherent part of life, present in various aspects such as investing, career choices, and relationships, and gambling is not an exception. Individuals gamble without prior knowledge of what the outcome will be. This is so because Whether it’s playing casino games, betting on sports events, or participating in lotteries, gambling involves staking money on uncertain outcomes with the hope of winning more in return. This uncertainty makes gambling a very risky activity.
Even if it is widely believed that no gain is possible without risk in gambling, it is important to approach risk-taking with caution and a clear understanding of the potential consequences. It is crucial to assess risks carefully, consider potential rewards, and make informed decisions based on a realistic evaluation of the situation. Engaging in gambling without proper consideration can lead to significant losses and negative outcomes.
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I am always risking a small amount of my earnings which I will not see in big trouble financially if I lose it. But if I get a win with that risk, it will definitely be more worthy than my risk.
Your words are very wise because this is what I would do if I had to gamble with sports betting options.
The income or salary from work that is set aside a maximum of 5% of the total 100% is what I will probably use for gambling and I think this is also very wise to gamble with.
For example, the calculation is like this:
-Salary from work: 100%
-Funds ready to gamble: 5%
-Funds for living needs: 95%
That 5% fund must be ready to gamble because I am sure that if I lose gambling with that 5% capital it will not be a problem.
And if with that 5% capital, I gamble and make 50% of my total salary at work then that means I am a lucky person.
Remember, the funds that are 95% of my total salary are funds that cannot be contested because they are funds resulting from my real work to pay for my living expenses.
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Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.
In every situation we have to take risks, if we can't take risks we will never achieve success. Investing $10 to $10,000 is risky for both investors. Progress in life is not possible without taking risks, but we must take risks in the right amount and at the right place. If we risk even the smallest amount of money in the wrong place, we will definitely lose money there. So we must accept the logic of money where the probability of losing money is less. If it comes to risk taking in gambling then I would say most gamblers risk money in wrong places. Instead of risking money in the wrong place we need to make sure that the money we are risking can return our money and profit from it.
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Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.
I support your view on gambling because gambling cannot be conducted without risk. Moreover, any investment involving money carries risk. In that case, every job involves risk. Risk averse people have no chance of getting anything good from not only gambling but all investment platforms. A ordinary people or a gambler should develop the ability to take risks. I have lost a lot in gambling but I still believe that I will be able to recover my lost money one day.
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I support your view on gambling because gambling cannot be conducted without risk. Moreover, any investment involving money carries risk. In that case, every job involves risk. Risk averse people have no chance of getting anything good from not only gambling but all investment platforms. A ordinary people or a gambler should develop the ability to take risks. I have lost a lot in gambling but I still believe that I will be able to recover my lost money one day.
The risk will always be there wherever you are, even in gambling places it will be greater because you are using the money you have to buy coins which may not necessarily provide a profit. At least I prefer to make purchases in Bitcoin which has less risk than others.
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The risk will always be there wherever you are, even in gambling places it will be greater because you are using the money you have to buy coins which may not necessarily provide a profit. At least I prefer to make purchases in Bitcoin which has less risk than others.
Risk exists everywhere, only comparison gives an idea of where the risk ratio is higher or lower. Gambling is certainly high risk compared to other sectors. You say you will use the money to buy bitcoins, buying bitcoins is a much lower risk ratio than gambling on long-term holdings Now here are the options to think about personally. Which one has high risk and which one has low risk ratio depends on the people who want to enter these two sectors.
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The risk will always be there wherever you are, even in gambling places it will be greater because you are using the money you have to buy coins which may not necessarily provide a profit. At least I prefer to make purchases in Bitcoin which has less risk than others.
Risk exists everywhere, only comparison gives an idea of where the risk ratio is higher or lower. Gambling is certainly high risk compared to other sectors. You say you will use the money to buy bitcoins, buying bitcoins is a much lower risk ratio than gambling on long-term holdings Now here are the options to think about personally. Which one has high risk and which one has low risk ratio depends on the people who want to enter these two sectors.
Gambling is compared to maximum risk taking. There are risks in both the sectors of investing or trading but the risk of investing or trading is nothing compared to the risk of gambling. In gambling, however, your skill or your experience will not be of much use, rather your luck will be of much use there. If luck is not on your side in gambling, your money can be lost at any time. You can lose all your money because of your little mistake but you have no such chance in investing. If you make a big mistake in investment, you may lose a little but if you wait, that loss will definitely be recovered. While there is risk in all cases, the risk of investing will never match the risk of gambling. The highest level of risk is gambling.
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This saying is actually true that there is no risk there will be no gain. But I want to say that this should not be accepted in the case of gambling. Because most of the time this word is used in business purpose like if you don't take risk in business you can never achieve anything good. It is one of the qualities of a good businessman to have a risk-taking mindset. Moreover, taking risks in gambling is only as good as a person can afford to lose. If I say better about this, I will say that if he gambles, he should take the risk of that amount, which will not have any effect on his real life leading.
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Risk exists everywhere, only comparison gives an idea of where the risk ratio is higher or lower. Gambling is certainly high risk compared to other sectors. You say you will use the money to buy bitcoins, buying bitcoins is a much lower risk ratio than gambling on long-term holdings Now here are the options to think about personally. Which one has high risk and which one has low risk ratio depends on the people who want to enter these two sectors.
Of course the risk will still follow what we do, but as you said the risk can be controlled based on how big or small the risk has to be faced. Yes, it's true, as you said, everyone has a different opinion about gambling places. I once made a bet with the cryptocurrency money I had and ended up losing, I thought my choice would win but in reality I made the wrong decision. Since then I have been more careful when I want to use money to place bets again.
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Gambling is compared to maximum risk taking. There are risks in both the sectors of investing or trading but the risk of investing or trading is nothing compared to the risk of gambling. In gambling, however, your skill or your experience will not be of much use, rather your luck will be of much use there. If luck is not on your side in gambling, your money can be lost at any time. You can lose all your money because of your little mistake but you have no such chance in investing. If you make a big mistake in investment, you may lose a little but if you wait, that loss will definitely be recovered. While there is risk in all cases, the risk of investing will never match the risk of gambling. The highest level of risk is gambling.
Significant difference risk in gambling and investing, in gambling you can go back after depositing and put bet as sport betting or playing casino when loss your capital over but difference with investing although have dropped price still get second or many opportunity in the future return back to higher price and your investment assets keep existing. Investment just loss time only and difference with gambling risk not only loss our time but also loss with our money and most bigger risk gambling than investing.
Change mindset with gambling can't promising get quick rich and take fun only if you have free money but not spending all your money in gambling.
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I am always risking a small amount of my earnings which I will not see in big trouble financially if I lose it. But if I get a win with that risk, it will definitely be more worthy than my risk.
Your words are very wise because this is what I would do if I had to gamble with sports betting options.
The income or salary from work that is set aside a maximum of 5% of the total 100% is what I will probably use for gambling and I think this is also very wise to gamble with.
For example, the calculation is like this:
-Salary from work: 100%
-Funds ready to gamble: 5%
-Funds for living needs: 95%
That 5% fund must be ready to gamble because I am sure that if I lose gambling with that 5% capital it will not be a problem.
And if with that 5% capital, I gamble and make 50% of my total salary at work then that means I am a lucky person.
Remember, the funds that are 95% of my total salary are funds that cannot be contested because they are funds resulting from my real work to pay for my living expenses.
Casinos and gambling sites spend a lot of money designing games and promotions to entice people and influence them to play more often and risk more money.
And every gambler will experience joy when they win.
But when defeat is accompanied by audio and visual stimuli designed to keep you playing, it can have the same effect on the brain.
I hope you will consistently with your strategy and stop gambling when you reach the loss threshold. Good luck...
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Risk exists everywhere, no gain is possible without risk. Even investing involves a lot of risk, meaning life is full of risk. I also gamble and lose a lot, but still don't quit gambling because I hope one day I will win big so that all my losses are recovered. I know it's crazy thinking, but from my perspective the risk I'm taking here is one that will pay off.
True. As long as man exist, you must face risk. Life is risk. In fact only a dead man bear no risk. In gambling too, the moment you pick up an amount and stake, you have a risk to shoulder because there is every tendency that you might not get the desired return. But this notwithstanding, to gain means to risk. It is only when you take a risk that you can have a chance of gaining.
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This saying is actually true that there is no risk there will be no gain. But I want to say that this should not be accepted in the case of gambling. Because most of the time this word is used in business purpose like if you don't take risk in business you can never achieve anything good. It is one of the qualities of a good businessman to have a risk-taking mindset. Moreover, taking risks in gambling is only as good as a person can afford to lose. If I say better about this, I will say that if he gambles, he should take the risk of that amount, which will not have any effect on his real life leading.
A good proverb will be good if it is applied to the right thing, but if it is misused it is still something wrong, so I agree with you on this.
But this will come back to what our goal is in gambling, are we just looking for fun? or hoping for a big win? If we hope to always win, then the saying seems true, but in the case of gambling it might have bad consequences for us. So we also have to be clever at distinguishing between what is good for us.
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This saying is actually true that there is no risk there will be no gain. But I want to say that this should not be accepted in the case of gambling. Because most of the time this word is used in business purpose like if you don't take risk in business you can never achieve anything good. It is one of the qualities of a good businessman to have a risk-taking mindset. Moreover, taking risks in gambling is only as good as a person can afford to lose. If I say better about this, I will say that if he gambles, he should take the risk of that amount, which will not have any effect on his real life leading.
A good proverb will be good if it is applied to the right thing, but if it is misused it is still something wrong, so I agree with you on this.
But this will come back to what our goal is in gambling, are we just looking for fun? or hoping for a big win? If we hope to always win, then the saying seems true, but in the case of gambling it might have bad consequences for us. So we also have to be clever at distinguishing between what is good for us.
Nothing can be achieved without taking risks in life, so taking risks can certainly lead to victory anywhere. Risk taking is definitely the most important factor behind progress and success, a person who does not take risks in life will never reach the happiness of others.
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Any income comes with risk - small or large. It is almost impossible to earn money without risk. Casino - same rules. Big money - big risk, small money - not a big risk (but there is always a possibility that you can't stand to earn a little and go all-in).
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Any income comes with risk - small or large. It is almost impossible to earn money without risk. Casino - same rules. Big money - big risk, small money - not a big risk (but there is always a possibility that you can't stand to earn a little and go all-in).
That's right, the temptation to try to get a lot of profits instantly will be very high, therefore to get it you have to be brave enough to face the risks involved, because as you said, whatever profits you get you will definitely face the risk of defeat which can happen at any time while playing. casino.
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This saying is actually true that there is no risk there will be no gain. But I want to say that this should not be accepted in the case of gambling. Because most of the time this word is used in business purpose like if you don't take risk in business you can never achieve anything good. It is one of the qualities of a good businessman to have a risk-taking mindset. Moreover, taking risks in gambling is only as good as a person can afford to lose. If I say better about this, I will say that if he gambles, he should take the risk of that amount, which will not have any effect on his real life leading.
A good proverb will be good if it is applied to the right thing, but if it is misused it is still something wrong, so I agree with you on this.
But this will come back to what our goal is in gambling, are we just looking for fun? or hoping for a big win? If we hope to always win, then the saying seems true, but in the case of gambling it might have bad consequences for us. So we also have to be clever at distinguishing between what is good for us.
Nothing can be achieved without taking risks in life, so taking risks can certainly lead to victory anywhere. Risk taking is definitely the most important factor behind progress and success, a person who does not take risks in life will never reach the happiness of others.
you are right, but due to this mindset alot of individuals have . They normally takes risky recklessly hoping that one day they would surely hit it big (which is true ), but to the reckless way of taking risk they may endup getting themselves reckt before that time ( hitting a big life changing jackpot). Just imagine someone going all in with his hard earn funds without thinking twice , that he or she can either gain or loss . Just imagine such individual endup losing he or she may endup doing something crazy . And the funny thing is that even by any chances such users endup winning , he or she would be encouraged more to continue taken such kind of reckless risk on a stead and he or she may endup losing everything either way , so we should mind the type of risk we taken we should always to emphasize in risk management.
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This saying is actually true that there is no risk there will be no gain. But I want to say that this should not be accepted in the case of gambling. Because most of the time this word is used in business purpose like if you don't take risk in business you can never achieve anything good. It is one of the qualities of a good businessman to have a risk-taking mindset. Moreover, taking risks in gambling is only as good as a person can afford to lose. If I say better about this, I will say that if he gambles, he should take the risk of that amount, which will not have any effect on his real life leading.
A good proverb will be good if it is applied to the right thing, but if it is misused it is still something wrong, so I agree with you on this.
But this will come back to what our goal is in gambling, are we just looking for fun? or hoping for a big win? If we hope to always win, then the saying seems true, but in the case of gambling it might have bad consequences for us. So we also have to be clever at distinguishing between what is good for us.
Nothing can be achieved without taking risks in life, so taking risks can certainly lead to victory anywhere. Risk taking is definitely the most important factor behind progress and success, a person who does not take risks in life will never reach the happiness of others.
you are right, but due to this mindset alot of individuals have . They normally takes risky recklessly hoping that one day they would surely hit it big (which is true ), but to the reckless way of taking risk they may endup getting themselves reckt before that time ( hitting a big life changing jackpot). Just imagine someone going all in with his hard earn funds without thinking twice , that he or she can either gain or loss . Just imagine such individual endup losing he or she may endup doing something crazy . And the funny thing is that even by any chances such users endup winning , he or she would be encouraged more to continue taken such kind of reckless risk on a stead and he or she may endup losing everything either way , so we should mind the type of risk we taken we should always to emphasize in risk management.
You can't call it a reckless way of taking risks, but more of how they handle the earnings they get if ever they end up winning a jackpot. The fact that taking a risk means you can have the possibility of winning or losing and not the way how you spend the money you have won. Taking the risk is not about the action you take after seeing the result of your gambling.
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This saying is actually true that there is no risk there will be no gain. But I want to say that this should not be accepted in the case of gambling. Because most of the time this word is used in business purpose like if you don't take risk in business you can never achieve anything good. It is one of the qualities of a good businessman to have a risk-taking mindset. Moreover, taking risks in gambling is only as good as a person can afford to lose. If I say better about this, I will say that if he gambles, he should take the risk of that amount, which will not have any effect on his real life leading.
A good proverb will be good if it is applied to the right thing, but if it is misused it is still something wrong, so I agree with you on this.
But this will come back to what our goal is in gambling, are we just looking for fun? or hoping for a big win? If we hope to always win, then the saying seems true, but in the case of gambling it might have bad consequences for us. So we also have to be clever at distinguishing between what is good for us.
Nothing can be achieved without taking risks in life, so taking risks can certainly lead to victory anywhere. Risk taking is definitely the most important factor behind progress and success, a person who does not take risks in life will never reach the happiness of others.
you are right, but due to this mindset alot of individuals have . They normally takes risky recklessly hoping that one day they would surely hit it big (which is true ), but to the reckless way of taking risk they may endup getting themselves reckt before that time ( hitting a big life changing jackpot). Just imagine someone going all in with his hard earn funds without thinking twice , that he or she can either gain or loss . Just imagine such individual endup losing he or she may endup doing something crazy . And the funny thing is that even by any chances such users endup winning , he or she would be encouraged more to continue taken such kind of reckless risk on a stead and he or she may endup losing everything either way , so we should mind the type of risk we taken we should always to emphasize in risk management.
It’s true, big achievements often require taking risks, but there’s a fine line between being bold and being reckless. Your cautionary words about the potential downsides of not practicing risk management, from the possibility of significant losses to the dangerous cycle of chasing losses with more risks, resonate deeply.
It’s crucial to remember that smart risk-taking involves calculated decisions, not just leaps of faith. Knowing when to take a step back, assess the situation, and perhaps most importantly, when to say no, can save us from significant distress. It’s all about walking that tightrope with eyes wide open, recognizing that while risks can lead to great rewards, they should be approached with wisdom and restraint.
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Any income comes with risk - small or large. It is almost impossible to earn money without risk. Casino - same rules. Big money - big risk, small money - not a big risk (but there is always a possibility that you can't stand to earn a little and go all-in).
That's right, the temptation to try to get a lot of profits instantly will be very high, therefore to get it you have to be brave enough to face the risks involved, because as you said, whatever profits you get you will definitely face the risk of defeat which can happen at any time while playing. casino.
Even on simply making up decisions in life would really be accompanied with some risks on which it would really be that a normal thing that you would really be needing up to take up some risk
for you to be able to gain up something because if you do find yourself not to be able to make any steps or risks then you are really just that basically missing out those opportunities
on gaining up something on which we know that this is really that something that you would really be needing to consider on making such action because we do knowon what are the things that would really gonna work or something that do talks about risks taking thing will really give out that kind of probability.
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Risk is always and everywhere present. In fact, it is impossible to find a type of income where there is absolutely no risk. You just need to be able to diversify your risks, determining the maximum possible size of bets and losses. And bet where at least something depends on human participation
The presence of the risks isn't really the problem sometimes but your ability to manage the risks, most people ( not just gamblers alone) don't really know what it means to manage risks or how to take calculated risks.
Some people thing risk all about putting all you've got on the line, and when the risk doesn't pay off and they lose, they fall into depression and suddenly regret why they took the risk in the first place.
People should just be really careful of what level of risk they take, because not all risks are worth taking.
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Nothing can be achieved without taking risks in life, so taking risks can certainly lead to victory anywhere. Risk taking is definitely the most important factor behind progress and success, a person who does not take risks in life will never reach the happiness of others.
It is an axiom of life.
This proverb encourages us to seize opportunities and take necessary risks and to tell us to get out there and make something happen so that we can have a better life
However, not all risks are worth taking, careful consideration should be given to the potential outcomes of each decision.
And depending on individual circumstances and the specific risks being considered. Because "risk" is so subjective.
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When it comes to gambling there's nothing too greater to fear than the risk involved in it and that's also what makes the habit a really fun one too.
It's been long I actually stake a game on the English premier league and something just move me to fund my betting account and I had this peculiar games to play in my mind because of the way lately I haven't seen them flop, so I was very eager that one of the two will do so and the teams in questions is Chelsea and Manchester united.
The particular thought of playing the both teams to either lose was what was playing in mind all through and I got the chance to play them each with 10$ stake to lose and what me take this risk was because of some arguement also I had with my friend saying that both teams are back to their to winning ways which I knew very well that it was the opposite of the case.
So to caught the chase, I gamble with a total of 20$ and won 60$ as Chelsea lost the game to wolves by a whooping four goals to two and it was also fun watching the game and same time thrilling as a gambler to take such risk.
So here is my question, have done something like this knowing fully well that the risk is what brings the rewards and how did it go for you own experience.
That’s a fantastic story, and it really captures the thrill and unpredictability of betting on sports! It sounds like you not only enjoyed the game but also managed to outsmart the odds, which must have added an extra layer of excitement to watching the match. Gambling indeed carries its risks, but as you experienced, it can also make the rewards that much sweeter, especially when you have a personal stake in the outcome.
It’s always intriguing to hear how others approach their bets, especially when it involves big games like Chelsea versus Manchester United. Have I taken similar risks? Absolutely, and while they don’t always pay off, the thrill of the gamble is often reward enough.
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When it comes to gambling there's nothing too greater to fear than the risk involved in it and that's also what makes the habit a really fun one too.
It's been long I actually stake a game on the English premier league and something just move me to fund my betting account and I had this peculiar games to play in my mind because of the way lately I haven't seen them flop, so I was very eager that one of the two will do so and the teams in questions is Chelsea and Manchester united.
The particular thought of playing the both teams to either lose was what was playing in mind all through and I got the chance to play them each with 10$ stake to lose and what me take this risk was because of some arguement also I had with my friend saying that both teams are back to their to winning ways which I knew very well that it was the opposite of the case.
So to caught the chase, I gamble with a total of 20$ and won 60$ as Chelsea lost the game to wolves by a whooping four goals to two and it was also fun watching the game and same time thrilling as a gambler to take such risk.
So here is my question, have done something like this knowing fully well that the risk is what brings the rewards and how did it go for you own experience.
That’s a fantastic story, and it really captures the thrill and unpredictability of betting on sports! It sounds like you not only enjoyed the game but also managed to outsmart the odds, which must have added an extra layer of excitement to watching the match. Gambling indeed carries its risks, but as you experienced, it can also make the rewards that much sweeter, especially when you have a personal stake in the outcome.
It’s always intriguing to hear how others approach their bets, especially when it involves big games like Chelsea versus Manchester United. Have I taken similar risks? Absolutely, and while they don’t always pay off, the thrill of the gamble is often reward enough.
If you want to take risks in life, you must take risks, without risk there is no success in anything. So prepare yourself enough to play a role in the game and try hard enough to win the jackpot. That is why playing the game is the most fun because from here only one can earn money from Ray gambling. Although many survivors of these games participate in these games to entertain themselves. Especially the boys of big people enjoy gambling in this way.
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A good proverb will be good if it is applied to the right thing, but if it is misused it is still something wrong, so I agree with you on this.
But this will come back to what our goal is in gambling, are we just looking for fun? or hoping for a big win? If we hope to always win, then the saying seems true, but in the case of gambling it might have bad consequences for us. So we also have to be clever at distinguishing between what is good for us.
Nothing can be achieved without taking risks in life, so taking risks can certainly lead to victory anywhere. Risk taking is definitely the most important factor behind progress and success, a person who does not take risks in life will never reach the happiness of others.
What you say is true, but we also have to look at where we can take risks. Would you take the risk of sacrificing all your money on gambling? I don't think that can be done because gambling is very closely related to luck, there is no guarantee that the risks we take will turn out to be good for us.
However, if we apply it to other things in life, it is more meaningful in my opinion, such as taking the risk to start a business.
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There is nothing without risk. Every receipt of money is associated with a certain risk (small or big). Moreover, players love risk; risk is an integral part of their lives. The main thing is to have something to risk
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This saying is actually true that there is no risk there will be no gain. But I want to say that this should not be accepted in the case of gambling. Because most of the time this word is used in business purpose like if you don't take risk in business you can never achieve anything good. It is one of the qualities of a good businessman to have a risk-taking mindset. Moreover, taking risks in gambling is only as good as a person can afford to lose. If I say better about this, I will say that if he gambles, he should take the risk of that amount, which will not have any effect on his real life leading.
A good proverb will be good if it is applied to the right thing, but if it is misused it is still something wrong, so I agree with you on this.
But this will come back to what our goal is in gambling, are we just looking for fun? or hoping for a big win? If we hope to always win, then the saying seems true, but in the case of gambling it might have bad consequences for us. So we also have to be clever at distinguishing between what is good for us.
If a person in gambling claims to be gambling just for fun then I totally disagree with that idea. Gambling must be recognized as an investment but how many gamblers actually consider gambling as an investment? I know gambling would be a money making scheme for most gamblers out there if given real information. But while gambling is a form of entertainment for some, it is not purely entertainment but an attempt to make money. As a gambler we must know what is good and what is bad.
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There is nothing without risk. Every receipt of money is associated with a certain risk (small or big).
Exactly. Even leaving a house to work in a safe job you could get hit by a bus ;D
It's all about measuring risk to reward ratio (something most people do even without realising it) and making decisions based on that.
Unreasonable aversion to risk could be as bad as taking too much risk.
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A good proverb will be good if it is applied to the right thing, but if it is misused it is still something wrong, so I agree with you on this.
But this will come back to what our goal is in gambling, are we just looking for fun? or hoping for a big win? If we hope to always win, then the saying seems true, but in the case of gambling it might have bad consequences for us. So we also have to be clever at distinguishing between what is good for us.
If a person in gambling claims to be gambling just for fun then I totally disagree with that idea. Gambling must be recognized as an investment but how many gamblers actually consider gambling as an investment? I know gambling would be a money making scheme for most gamblers out there if given real information. But while gambling is a form of entertainment for some, it is not purely entertainment but an attempt to make money. As a gambler we must know what is good and what is bad.
We can indeed make money from gambling, but we have to be able to calculate and realize how big our chances are of winning and being able to make money in gambling.
Gambling is not a job, gambling is a game of luck. And basically a game is very synonymous with the fun that we will feel. When we win we will definitely be happy, but if we have another goal, namely making money, then when we lose we will become very emotional and this is where it becomes very dangerous.
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A good proverb will be good if it is applied to the right thing, but if it is misused it is still something wrong, so I agree with you on this.
But this will come back to what our goal is in gambling, are we just looking for fun? or hoping for a big win? If we hope to always win, then the saying seems true, but in the case of gambling it might have bad consequences for us. So we also have to be clever at distinguishing between what is good for us.
If a person in gambling claims to be gambling just for fun then I totally disagree with that idea. Gambling must be recognized as an investment but how many gamblers actually consider gambling as an investment? I know gambling would be a money making scheme for most gamblers out there if given real information. But while gambling is a form of entertainment for some, it is not purely entertainment but an attempt to make money. As a gambler we must know what is good and what is bad.
We can indeed make money from gambling, but we have to be able to calculate and realize how big our chances are of winning and being able to make money in gambling.
Gambling is not a job, gambling is a game of luck. And basically a game is very synonymous with the fun that we will feel. When we win we will definitely be happy, but if we have another goal, namely making money, then when we lose we will become very emotional and this is where it becomes very dangerous.
In gambling there will be no gambler who are not happy after winning and be emotional after losing. When I first started betting in my life, my passion was so high that I dreamed of earning money through gambling. I was so happy at that time winning a few bets in a row and I started dreaming, I couldn't think of my position when I lost. Because I accumulated a lot of winnings and lost a bet that had a winning chance. After losing several bets like this I realized that gambling is not for money making. Gambling is for those who accept losses at every moment.
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Dont you find it funny, that "no risk = no gain" can simultaneously be "risk = no gain", but it almost unlikely to be "no risk = gain" situation? That no matter how much you risk you can still lose. Originally it suppose to mean that you cant achieve without trying, but it turns that you can try, spend time money and still fail. To this quote, I would like to add the word regret. This would suit perfectly as a motivation and a lighthouse for every gambler. No matter how you play, how you deal with your money and how your life is going, a person should never regret what he did. This is his life lesson, experience and he should accept it no matter if it is bad or good.
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Risk is an integral part of success. Without risk, it is unlikely that you can make a good profit. But the degree of risk can always be varied (and even needs to be). It all depends on the ability to think straight, as well as the ability to apply logic and restraint
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Risk is an integral part of success. Without risk, it is unlikely that you can make a good profit. But the degree of risk can always be varied (and even needs to be). It all depends on the ability to think straight, as well as the ability to apply logic and restraint
Risks should be taken as the main resource in life, because without taking risks in life, progress will never be possible. Especially in business, in gambling, in investing, and in more unique places and walks of life, risk is required at the beginning. Because you can never improve without taking risks, you should only risk what you can afford to lose. Because nothing is better than excess, I see risk as the greatest asset in improving life.
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Dont you find it funny, that "no risk = no gain" can simultaneously be "risk = no gain", but it almost unlikely to be "no risk = gain" situation? That no matter how much you risk you can still lose. Originally it suppose to mean that you cant achieve without trying, but it turns that you can try, spend time money and still fail. To this quote, I would like to add the word regret. This would suit perfectly as a motivation and a lighthouse for every gambler. No matter how you play, how you deal with your money and how your life is going, a person should never regret what he did. This is his life lesson, experience and he should accept it no matter if it is bad or good.
And what if there are rare instances like receiving an unexpected inheritance where "no risk = gain" does indeed seem plausible :)
However, as you noted typically to gain something substantial one must be willing to take a risk whether it be of time, money or effort.
Each situation demands a unique approach to risk and how we manage that risk often defines our outcomes.
I agree with your perspective on regret as well. Every experience, whether positive or negative shapes us. Embracing each as an invaluable lesson allows us to transform our experiences into strengths.
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Dont you find it funny, that "no risk = no gain" can simultaneously be "risk = no gain", but it almost unlikely to be "no risk = gain" situation? That no matter how much you risk you can still lose. Originally it suppose to mean that you cant achieve without trying, but it turns that you can try, spend time money and still fail. To this quote, I would like to add the word regret. This would suit perfectly as a motivation and a lighthouse for every gambler. No matter how you play, how you deal with your money and how your life is going, a person should never regret what he did. This is his life lesson, experience and he should accept it no matter if it is bad or good.
And what if there are rare instances like receiving an unexpected inheritance where "no risk = gain" does indeed seem plausible :)
However, as you noted typically to gain something substantial one must be willing to take a risk whether it be of time, money or effort.
Each situation demands a unique approach to risk and how we manage that risk often defines our outcomes.
I agree with your perspective on regret as well. Every experience, whether positive or negative shapes us. Embracing each as an invaluable lesson allows us to transform our experiences into strengths.
What happens is that when things like inheritance are something inevitable, there is no risk, but it is a great loss that is suffered, so everything has its risk and effort in the same way, so this is something that will always be noticed, Personally, I say something, in everything in life you Must take risks in order to have some profits, and the most you can do is lose the rest if it goes well , then you win and big, so what happens is not bad. This also applies in the casino, when we play we know that money is at risk, in investments and everywhere, in gambling the risk is much stronger, there are people who have lost everything because they do not know how to control themselves, that is something This happens to many players and is what should be Avoided.
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Dont you find it funny, that "no risk = no gain" can simultaneously be "risk = no gain", but it almost unlikely to be "no risk = gain" situation? That no matter how much you risk you can still lose. Originally it suppose to mean that you cant achieve without trying, but it turns that you can try, spend time money and still fail. To this quote, I would like to add the word regret. This would suit perfectly as a motivation and a lighthouse for every gambler. No matter how you play, how you deal with your money and how your life is going, a person should never regret what he did. This is his life lesson, experience and he should accept it no matter if it is bad or good.
And what if there are rare instances like receiving an unexpected inheritance where "no risk = gain" does indeed seem plausible :)
However, as you noted typically to gain something substantial one must be willing to take a risk whether it be of time, money or effort.
Each situation demands a unique approach to risk and how we manage that risk often defines our outcomes.
I agree with your perspective on regret as well. Every experience, whether positive or negative shapes us. Embracing each as an invaluable lesson allows us to transform our experiences into strengths.
What happens is that when things like inheritance are something inevitable, there is no risk, but it is a great loss that is suffered, so everything has its risk and effort in the same way, so this is something that will always be noticed, Personally, I say something, in everything in life you Must take risks in order to have some profits, and the most you can do is lose the rest if it goes well , then you win and big, so what happens is not bad. This also applies in the casino, when we play we know that money is at risk, in investments and everywhere, in gambling the risk is much stronger, there are people who have lost everything because they do not know how to control themselves, that is something This happens to many players and is what should be Avoided.
Its true, every aspect of life involves some level of risk and managing it effectively is important. And in gambling we can see how risk plays out in more intense environments.
Its important, as you note, to maintain control and awareness. I think it underscores the value of self discipline and the need for effective risk management strategies not just in gambling, but across all areas of life. Learning to navigate these risks, understanding when to take chances and knowing when to step back are essential skills that can lead to significant rewards or protect us from serious losses.
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Risk is mandatory in any field, because you will never reach the happiness of improvement if you don't take risks. So both online and offline risk is most needed, a person can never improve in life if he is lazy, and if he takes risk and works hard then he can definitely improve. In that case, be it in business or in gambling, the Yogi should take courage and definitely win. The more a person gambles the more experience he gains, basically I think experience is the greatest tool in gambling.
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The more a person gambles the more experience he gains, basically I think experience is the greatest tool in gambling.
Well I don't want to emphasized much on this but we must know that gambling is deep even more than what expected, if you must know have you considered the negative effects of it to keep gambling for someone to gain experience as time goes?
Well, I give you reference of a man who happens to be a gambler even till date he has been living as someone who is in hell due to what gambling have caused in his life, that is, he refused to gambling responsibly and you know wise gambling is equal to responsible gambling and if anyone doesn't apply that aspect then I must say that addiction is inevitable.
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Risk is mandatory in any field, because you will never reach the happiness of improvement if you don't take risks. So both online and offline risk is most needed, a person can never improve in life if he is lazy, and if he takes risk and works hard then he can definitely improve. In that case, be it in business or in gambling, the Yogi should take courage and definitely win. The more a person gambles the more experience he gains, basically I think experience is the greatest tool in gambling.
I also agree with you, one always has to take risks in everything, because everything in life represents risks, and take the initiative to do it well, of course, I am a person who will always generate the best way of doing things In this way, as a player, you always risk your balance, because you know that by putting money in any game you can lose it, then it is a risk, losing or winning, and if you lose you have no choice but to assume that loss and move on, but that's it. my way of seeing things, if not, then more problems will be generated later, this is something that will always be generated, that is why those who cannot control those emotions put in more money and lose it, it is dangerous because they can fall into addiction.
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No risk no gain is not only applicable in gambling but also in other investment decisions too. Whether it is trading or other business decisions you have to take risk to be successful. If you desist yourself from taking any investment decisions for fear of losing then you can never be successful.
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Risk is an integral part of success. Without risk, it is unlikely that you can make a good profit. But the degree of risk can always be varied (and even needs to be). It all depends on the ability to think straight, as well as the ability to apply logic and restraint
Risks should be taken as the main resource in life, because without taking risks in life, progress will never be possible. Especially in business, in gambling, in investing, and in more unique places and walks of life, risk is required at the beginning. Because you can never improve without taking risks, you should only risk what you can afford to lose. Because nothing is better than excess, I see risk as the greatest asset in improving life.
It's true that there must be a balance between risk and ability, not a balance on one side, but usually people will take the smallest risk if they have to choose, and the principle of life is that getting profit is mandatory but thinking about risk is more important
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Taking risks is definitely the most important thing to thrive in life. If you don't take risks nowadays, you can't improve anything in life, whether in real life or online life, if you don't take risks in life, you won't achieve success in life. The more risk that can be taken at the moment the more progress will be made especially if investing in Bitcoin is sure to bring success.
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Basically, any income is associated with a certain risk. Only the degree of risk varies. If we take gambling, the biggest risk is slot machines, as the only thing that depends on the person is the time of pressing the button - nothing else. And we give ourselves here to the will of Random - well, and also the creators of slot machines
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Basically, any income is associated with a certain risk. Only the degree of risk varies. If we take gambling, the biggest risk is slot machines, as the only thing that depends on the person is the time of pressing the button - nothing else. And we give ourselves here to the will of Random - well, and also the creators of slot machines
Yes gambling is already risky but playing slot dice games is even more risky. Playing slot games depends entirely on luck. Playing this game is totally dependent on luck due to which most of the people lose by playing this game. The most important thing is that I have never participated in playing this slot dice game so far and I have not lost any money here. I have always participated in sports betting for gambling where I have won most of the bets. But to those who gamble more and lose more, it's better not to give in to random whims to gamble.
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Basically, any income is associated with a certain risk. Only the degree of risk varies. If we take gambling, the biggest risk is slot machines, as the only thing that depends on the person is the time of pressing the button - nothing else. And we give ourselves here to the will of Random - well, and also the creators of slot machines
Yes gambling is already risky but playing slot dice games is even more risky. Playing slot games depends entirely on luck. Playing this game is totally dependent on luck due to which most of the people lose by playing this game. The most important thing is that I have never participated in playing this slot dice game so far and I have not lost any money here. I have always participated in sports betting for gambling where I have won most of the bets. But to those who gamble more and lose more, it's better not to give in to random whims to gamble.
Slots and dice have very high risks, we cannot make any predictions in dice and slot gambling, I prefer to do sports gambling which still makes it easy for me to predict which team will be the winner. Even though the profits I get are not too much, at least being able to grow my assets in gambling is quite good.
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So here is my question, have done something like this knowing fully well that the risk is whatbrings the rewards and how did it go for you own experience.
There are real gamblers who are very used to taking the risk of gambling, while the rest play it safe while gambling. The real gamblers are the ones who take the risk, and they usually end up with very huge rewards for taking such a huge risk. But before these gamblers take the risk, it is not always an irresponsible move because some of them actually have the ability to manage the risk and the outcome if it doesn't go well for them. So before you take any risks, be sure that you can manage the outcome, even if it goes negatively.
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So here is my question, have done something like this knowing fully well that the risk is whatbrings the rewards and how did it go for you own experience.
There are real gamblers who are very used to taking the risk of gambling, while the rest play it safe while gambling. The real gamblers are the ones who take the risk, and they usually end up with very huge rewards for taking such a huge risk. But before these gamblers take the risk, it is not always an irresponsible move because some of them actually have the ability to manage the risk and the outcome if it doesn't go well for them. So before you take any risks, be sure that you can manage the outcome, even if it goes negatively.
Have you thought about calculated risk?
Yeah, those people who gamble to extent are those who does that calculated to gamble and they could be very close to the outcome could be, most people don't just gamble for gambling sake but they are always selective and calculative for not wasting any of their money in game that won't possibly leads to winning. About the negative aspect, we all know the implications that involves in gambling which is either good or bad and for sure the negative aspect is more harmful than the benefits we derived from it, so therefore anyone who is coming into gambling should know that gambling is a game that is not certain rather than a probability outcome.
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Basically, any income is associated with a certain risk.
I don't think there is any risk associated with the regular 8-5 jobs. In regular job you get compensated for job done and not for an amount staked. It means your services is been paid for. This is different for gambling and that is why it is a risky enterprise because you have to stake money to win money and when you don't win you lose money.
This is why to win you must take a risk. Without risk there is no victor in gambling. It is m opinion that gambling is for the risk taker and not the comfort seekers.
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Basically, any income is associated with a certain risk. Only the degree of risk varies. If we take gambling, the biggest risk is slot machines, as the only thing that depends on the person is the time of pressing the button - nothing else. And we give ourselves here to the will of Random - well, and also the creators of slot machines
Yes gambling is already risky but playing slot dice games is even more risky. Playing slot games depends entirely on luck. Playing this game is totally dependent on luck due to which most of the people lose by playing this game. The most important thing is that I have never participated in playing this slot dice game so far and I have not lost any money here. I have always participated in sports betting for gambling where I have won most of the bets. But to those who gamble more and lose more, it's better not to give in to random whims to gamble.
Slots and dice have very high risks, we cannot make any predictions in dice and slot gambling, I prefer to do sports gambling which still makes it easy for me to predict which team will be the winner. Even though the profits I get are not too much, at least being able to grow my assets in gambling is quite good.
Of course slots and dice games have the highest risk and also the highest guarantee of losing money. Most people lose money in gambling by playing this slot game dice game and addiction becomes through all these games. All these games are played entirely on luck and are never guaranteed to be played. I also use sports sites all the time for gambling I never participate in unique sites other than sports sites for gambling. Because I find unique sites to be very risky and sports sites are the most entertaining to gamble because I love sports so much that I find maximum entertainment here because I love sports. But even when I bet on sports sites, I see that I lose a lot less bets.
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Basically, any income is associated with a certain risk. Only the degree of risk varies. If we take gambling, the biggest risk is slot machines, as the only thing that depends on the person is the time of pressing the button - nothing else. And we give ourselves here to the will of Random - well, and also the creators of slot machines
Yeah the only winner here is gambling machine and playform owner to be honest I mean business is business. 😁 As we take risks, small percentage of that would be our winnings if there is. If we don't take the risk then we should not expect something in return.
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Basically, any income is associated with a certain risk. Only the degree of risk varies. If we take gambling, the biggest risk is slot machines, as the only thing that depends on the person is the time of pressing the button - nothing else. And we give ourselves here to the will of Random - well, and also the creators of slot machines
Yeah the only winner here is gambling machine and playform owner to be honest I mean business is business. 😁 As we take risks, small percentage of that would be our winnings if there is. If we don't take the risk then we should not expect something in return.
That's right, when we know how big the risks are, then we should play prepared to lose the money we have, because the risks are very clear here, especially as it is a slot game that really depends on luck.
There is nothing for us to analyze, there is nothing that allows us to read the chances of winning and so on. Even if someone offers a certain pattern to win, I just smile because I don't believe in it at all.
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Slots and dice have very high risks, we cannot make any predictions in dice and slot gambling, I prefer to do sports gambling which still makes it easy for me to predict which team will be the winner. Even though the profits I get are not too much, at least being able to grow my assets in gambling is quite good.
Not having to go through the stress of predicting the possible outcomes is actually what makes slot and dice games really interesting because it really doesn't require any level of skill or experience, it's 100% dependent on how lucky the gambler is.
While you feel a lot more comfortable depending on your own ability to predict the outcome of your game, there are others who have come to the conclusion that gambling can't be predicted, hence relying on their ability would mean more loss for them, so they believe allowing the game decide their fate is best for them rather than spending time to analyse a game and come up with a prediction only to end up being disappointed with the outcome.
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Yeah the only winner here is gambling machine and playform owner to be honest I mean business is business. 😁 As we take risks, small percentage of that would be our winnings if there is. If we don't take the risk then we should not expect something in return.
The casino owner will still be the winner because this is part of their business so the casino must always be profitable, but we as gambling players don't expect too much from slots because this is pure luck there is no strategy in this game unless people say poker, bacarat and sportsbook have a strategy what I said some of this is pure luck.
Don't expect to win, just do this as fun nothing more than that.
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Risk is a common factor in all financial activities. Those who want to take risk can reach the expected level even if they lose there but those who try to avoid risk will find it very difficult to go to that level. The phrase no risk no gain is certainly relevant. It's hard to find someone who doesn't want to take risk and yet has made a profitable investment. Investing in all risky ventures is not possible for everyone but those who have invested have been cleared there. To achieve something good, there is no alternative to taking risks.
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Risk is a common factor in all financial activities. Those who want to take risk can reach the expected level even if they lose there but those who try to avoid risk will find it very difficult to go to that level. The phrase no risk no gain is certainly relevant. It's hard to find someone who doesn't want to take risk and yet has made a profitable investment. Investing in all risky ventures is not possible for everyone but those who have invested have been cleared there. To achieve something good, there is no alternative to taking risks.
Well, taking risk is not a guarantee that you will succeed. Sometimes what we see as risk is actually nothing. Nothing in this context means exerting energy in the wrong direction. When we do this we cannot have result even though we feel that we are making effort or taking risk. In as much as we must take risk to gain, let it be clear that the risk should be a calculated risk or a risk in the right direction.
I have seen people take so much risk yet the result is minimal compared to the risk they have taken. I have also seen people take little risk but have greater result. So, risk is not enough what counts is channeling the risk or effort towards the right direction.
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Yeah the only winner here is gambling machine and playform owner to be honest I mean business is business. 😁 As we take risks, small percentage of that would be our winnings if there is. If we don't take the risk then we should not expect something in return.
The casino owner will still be the winner because this is part of their business so the casino must always be profitable, but we as gambling players don't expect too much from slots because this is pure luck there is no strategy in this game unless people say poker, bacarat and sportsbook have a strategy what I said some of this is pure luck.
Don't expect to win, just do this as fun nothing more than that.
Yeah exactly. Casino owners think we are just there to have fun but the only thing is that we are gettying emotional the longer we play it's because we will become a bit emotional while we play the reason why we we end up being greedy and we keep on chasing losses and that is what the owner wanted because they make more from us rather than we make gains from gambling.
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Yeah exactly. Casino owners think we are just there to have fun but the only thing is that we are gettying emotional the longer we play it's because we will become a bit emotional while we play the reason why we we end up being greedy and we keep on chasing losses and that is what the owner wanted because they make more from us rather than we make gains from gambling.
Casinos will not think about whether we play for fun or to win, they also will not care whether we play calmly or play with emotion, because their goal is to make a profit from their users.
In my opinion, they will never think about their users, whether the users win or lose or whether the users experience addiction. Because from the start they founded the casino with business goals, not to think about users.
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Yeah exactly. Casino owners think we are just there to have fun but the only thing is that we are gettying emotional the longer we play it's because we will become a bit emotional while we play the reason why we we end up being greedy and we keep on chasing losses and that is what the owner wanted because they make more from us rather than we make gains from gambling.
Casinos will not think about whether we play for fun or to win, they also will not care whether we play calmly or play with emotion, because their goal is to make a profit from their users.
In my opinion, they will never think about their users, whether the users win or lose or whether the users experience addiction. Because from the start they founded the casino with business goals, not to think about users.
Exactly casino always gives high priority to its business. They will never treat the user with emotion. Their motive is to get as much profit as possible from the users. Although directly they will never admit that they support addicted gamblers but indirectly they do. The more addicted gamblers use their site, their income will be increased exceptionally. They will never help gamblers beyond the fact that they may offer some bonuses to some gamblers on their deposit amount and wagering amount. If one considers these things from emotions it is completely wrong.
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Yeah exactly. Casino owners think we are just there to have fun but the only thing is that we are gettying emotional the longer we play it's because we will become a bit emotional while we play the reason why we we end up being greedy and we keep on chasing losses and that is what the owner wanted because they make more from us rather than we make gains from gambling.
Casinos will not think about whether we play for fun or to win, they also will not care whether we play calmly or play with emotion, because their goal is to make a profit from their users.
In my opinion, they will never think about their users, whether the users win or lose or whether the users experience addiction. Because from the start they founded the casino with business goals, not to think about users.
Exactly casino always gives high priority to its business. They will never treat the user with emotion. Their motive is to get as much profit as possible from the users. Although directly they will never admit that they support addicted gamblers but indirectly they do. The more addicted gamblers use their site, their income will be increased exceptionally. They will never help gamblers beyond the fact that they may offer some bonuses to some gamblers on their deposit amount and wagering amount. If one considers these things from emotions it is completely wrong.
I cant agree with that. I see situation with casinos as following - since there are so many casinos today, and it isnt hard to open one, casinos fight for customers. Because if they wont treat user well, that user will definitely move to other casino and never return. Competition among casinos is so high, that they have to lure gamblers with bonuses and benefits. 15 years ago, it was unbelievable that casino would ever give free money. Today they free spins, bonuses, free bets, competitions, and a life support. 15 years ago, user would wait for days for his issues to be not just solved, but noticed.
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Casinos will not think about whether we play for fun or to win, they also will not care whether we play calmly or play with emotion, because their goal is to make a profit from their users.
In my opinion, they will never think about their users, whether the users win or lose or whether the users experience addiction. Because from the start they founded the casino with business goals, not to think about users.
Exactly casino always gives high priority to its business. They will never treat the user with emotion. Their motive is to get as much profit as possible from the users. Although directly they will never admit that they support addicted gamblers but indirectly they do. The more addicted gamblers use their site, their income will be increased exceptionally. They will never help gamblers beyond the fact that they may offer some bonuses to some gamblers on their deposit amount and wagering amount. If one considers these things from emotions it is completely wrong.
The gambling business is a business where the circulation of money is very large, that's why they are in this gambling business. Of course they won't say that they are looking for profit or make users addicted or something like that, they will say they provide a place for those who want to gamble and experience victory.
This is a subtle way they do it, therefore we also as users have to look at it so that if we like gambling we don't overdo it.
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Yeah exactly. Casino owners think we are just there to have fun but the only thing is that we are gettying emotional the longer we play it's because we will become a bit emotional while we play the reason why we we end up being greedy and we keep on chasing losses and that is what the owner wanted because they make more from us rather than we make gains from gambling.
Casinos will not think about whether we play for fun or to win, they also will not care whether we play calmly or play with emotion, because their goal is to make a profit from their users.
In my opinion, they will never think about their users, whether the users win or lose or whether the users experience addiction. Because from the start they founded the casino with business goals, not to think about users.
Exactly casino always gives high priority to its business. They will never treat the user with emotion. Their motive is to get as much profit as possible from the users. Although directly they will never admit that they support addicted gamblers but indirectly they do. The more addicted gamblers use their site, their income will be increased exceptionally. They will never help gamblers beyond the fact that they may offer some bonuses to some gamblers on their deposit amount and wagering amount. If one considers these things from emotions it is completely wrong.
I cant agree with that. I see situation with casinos as following - since there are so many casinos today, and it isnt hard to open one, casinos fight for customers. Because if they wont treat user well, that user will definitely move to other casino and never return. Competition among casinos is so high, that they have to lure gamblers with bonuses and benefits. 15 years ago, it was unbelievable that casino would ever give free money. Today they free spins, bonuses, free bets, competitions, and a life support. 15 years ago, user would wait for days for his issues to be not just solved, but noticed.
Funny enough what you see as bonuses and promotions does not favour players. At the end, the bookies will collect back the bonus and still profit. What we see as fair treatment from the casinos is merely a trap to lure more players. This is like throwing corn to attract a fowl. To the fowl, it's owner is treating it better whereas the owner is only preparing it for the day of harvest.
This is the same with casinos. The bonus is only a corn that attracts players and then gets the players slaughtered. To me, it is not a fair treatment, it is a sugar that attracts players for the benefit of the casinos and the casinos will always win at the end. And so, what seems to be good treatment is a time bomb.
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Yeah exactly. Casino owners think we are just there to have fun but the only thing is that we are gettying emotional the longer we play it's because we will become a bit emotional while we play the reason why we we end up being greedy and we keep on chasing losses and that is what the owner wanted because they make more from us rather than we make gains from gambling.
Casinos will not think about whether we play for fun or to win, they also will not care whether we play calmly or play with emotion, because their goal is to make a profit from their users.
In my opinion, they will never think about their users, whether the users win or lose or whether the users experience addiction. Because from the start they founded the casino with business goals, not to think about users.
Exactly casino always gives high priority to its business. They will never treat the user with emotion. Their motive is to get as much profit as possible from the users. Although directly they will never admit that they support addicted gamblers but indirectly they do. The more addicted gamblers use their site, their income will be increased exceptionally. They will never help gamblers beyond the fact that they may offer some bonuses to some gamblers on their deposit amount and wagering amount. If one considers these things from emotions it is completely wrong.
I think casino games is the most profitable way to make huge amount of money for casino owners as gamblers are indiscriminately placing bets but sad thing is that win to lose ratio could be 1:10 but I am wondering why there are still bettors who play it despite experiencing successive loss? Are they chaing loss or just used to gambling addiction?
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Yeah exactly. Casino owners think we are just there to have fun but the only thing is that we are gettying emotional the longer we play it's because we will become a bit emotional while we play the reason why we we end up being greedy and we keep on chasing losses and that is what the owner wanted because they make more from us rather than we make gains from gambling.
Casinos will not think about whether we play for fun or to win, they also will not care whether we play calmly or play with emotion, because their goal is to make a profit from their users.
In my opinion, they will never think about their users, whether the users win or lose or whether the users experience addiction. Because from the start they founded the casino with business goals, not to think about users.
Exactly casino always gives high priority to its business. They will never treat the user with emotion. Their motive is to get as much profit as possible from the users. Although directly they will never admit that they support addicted gamblers but indirectly they do. The more addicted gamblers use their site, their income will be increased exceptionally. They will never help gamblers beyond the fact that they may offer some bonuses to some gamblers on their deposit amount and wagering amount. If one considers these things from emotions it is completely wrong.
I think casino games is the most profitable way to make huge amount of money for casino owners as gamblers are indiscriminately placing bets but sad thing is that win to lose ratio could be 1:10 but I am wondering why there are still bettors who play it despite experiencing successive loss? Are they chaing loss or just used to gambling addiction?
When you're gambling for fun rather than prioritizing the monetary rewards gotten from the wins, you'll worry less about the outcome of your bets, because
1. You'll only be betting what you can afford to lose and
2. Whether you win or lose the bet, you've still must've had your own share of fun.
So when this is the case, even when you're in constant loss or your chances of losing are way higher than that of winning, you'll care less because you know you'll still have your share of fun even when you end up losing the bet.
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Yeah exactly. Casino owners think we are just there to have fun but the only thing is that we are gettying emotional the longer we play it's because we will become a bit emotional while we play the reason why we we end up being greedy and we keep on chasing losses and that is what the owner wanted because they make more from us rather than we make gains from gambling.
Casinos will not think about whether we play for fun or to win, they also will not care whether we play calmly or play with emotion, because their goal is to make a profit from their users.
In my opinion, they will never think about their users, whether the users win or lose or whether the users experience addiction. Because from the start they founded the casino with business goals, not to think about users.
Exactly casino always gives high priority to its business. They will never treat the user with emotion. Their motive is to get as much profit as possible from the users. Although directly they will never admit that they support addicted gamblers but indirectly they do. The more addicted gamblers use their site, their income will be increased exceptionally. They will never help gamblers beyond the fact that they may offer some bonuses to some gamblers on their deposit amount and wagering amount. If one considers these things from emotions it is completely wrong.
I think casino games is the most profitable way to make huge amount of money for casino owners as gamblers are indiscriminately placing bets but sad thing is that win to lose ratio could be 1:10 but I am wondering why there are still bettors who play it despite experiencing successive loss? Are they chaing loss or just used to gambling addiction?
When you're gambling for fun rather than prioritizing the monetary rewards gotten from the wins, you'll worry less about the outcome of your bets, because
1. You'll only be betting what you can afford to lose and
2. Whether you win or lose the bet, you've still must've had your own share of fun.
So when this is the case, even when you're in constant loss or your chances of losing are way higher than that of winning, you'll care less because you know you'll still have your share of fun even when you end up losing the bet.
I'm just wondering though who are these guys that gamble for fun only, I mean I have not seen one here in our place that does that. True that I have met a person who gambles only what he can afford to lose but his objective was really to win not having fun.
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I'm just wondering though who are these guys that gamble for fun only, I mean I have not seen one here in our place that does that. True that I have met a person who gambles only what he can afford to lose but his objective was really to win not having fun.
Betting involves money and the possibility of losing huge amounts of money in any bet. And at that time it must be difficult to find someone who would enjoy it. Because everyone understands the cost of losing, but its cost is more or less for some. Those who have a lot of money have relatively less pain to lose. Also, those who set aside a certain amount of money for betting can have a lower cost if they lose the bet. But those who gamble with whatever money they have to use cannot accept their losses. Gambling is not fun for all.
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Betting involves money and the possibility of losing huge amounts of money in any bet. And at that time it must be difficult to find someone who would enjoy it. Because everyone understands the cost of losing, but its cost is more or less for some. Those who have a lot of money have relatively less pain to lose. Also, those who set aside a certain amount of money for betting can have a lower cost if they lose the bet. But those who gamble with whatever money they have to use cannot accept their losses. Gambling is not fun for all.
I'm agreeing with your opinions, I want to also say that those who gambling what ever if he is a rich person or a middle class person if he couldn't control himself and bet with crossing his limit what he don't afford to lose then it will really dangerous for both of them and faced those huge loss I guess most of the gambler faced various problems and lots of debt and also becoming rich to lost everything only because of this. So for avoiding huge lost peoples should bet on their limits like what they can afford to lose.
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I'm just wondering though who are these guys that gamble for fun only, I mean I have not seen one here in our place that does that. True that I have met a person who gambles only what he can afford to lose but his objective was really to win not having fun.
Betting involves money and the possibility of losing huge amounts of money in any bet. And at that time it must be difficult to find someone who would enjoy it. Because everyone understands the cost of losing, but its cost is more or less for some. Those who have a lot of money have relatively less pain to lose. Also, those who set aside a certain amount of money for betting can have a lower cost if they lose the bet. But those who gamble with whatever money they have to use cannot accept their losses. Gambling is not fun for all.
Exactly. That's why if one can't withstand the pain of losing their money, let them gamble with little amount they can afford to lose. Gambling is not for fun because it mostly involves losing of money. Someone lost is bigger than their winning in gambling. Had it been the winning is bigger than lost, we can fully say that most people gamble for fun because of the money they do realize from gambling each of their gambling days.
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We need to be able to know how we can examine on some of the risks involved in gambling and know how affordable we can go on some of them, because if we look well into the situations a times, some risk in gambling are not deserving taking them, we may think that there is gain in some of the risk we are taking, while there is nothing in for us than a waste of time and efforts and this makes it more convincing that we should know this well that we have to take risk base on how we can afford for it.
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Yeah exactly. Casino owners think we are just there to have fun but the only thing is that we are gettying emotional the longer we play it's because we will become a bit emotional while we play the reason why we we end up being greedy and we keep on chasing losses and that is what the owner wanted because they make more from us rather than we make gains from gambling.
Casinos will not think about whether we play for fun or to win, they also will not care whether we play calmly or play with emotion, because their goal is to make a profit from their users.
In my opinion, they will never think about their users, whether the users win or lose or whether the users experience addiction. Because from the start they founded the casino with business goals, not to think about users.
Exactly casino always gives high priority to its business. They will never treat the user with emotion. Their motive is to get as much profit as possible from the users. Although directly they will never admit that they support addicted gamblers but indirectly they do. The more addicted gamblers use their site, their income will be increased exceptionally. They will never help gamblers beyond the fact that they may offer some bonuses to some gamblers on their deposit amount and wagering amount. If one considers these things from emotions it is completely wrong.
They would really be that preferring to have tons of addicted gamblers that do play into their platform. Instead on stopping them then they would really be adding up more fuel to the fire.
Giving out some decent or generous bonuses and other perks just to make things even more appealing and interesting. This is why if we do speak about gambling then it should really be
taking for the sake of fun and never ever make yourself that getting attached to it because gambling houses or platforms wont really be having that care about on your condition
and they would be preferring on making you lose it all.
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We need to be able to know how we can examine on some of the risks involved in gambling and know how affordable we can go on some of them, because if we look well into the situations a times, some risk in gambling are not deserving taking them, we may think that there is gain in some of the risk we are taking, while there is nothing in for us than a waste of time and efforts and this makes it more convincing that we should know this well that we have to take risk base on how we can afford for it.
It is called risk because the outcome is not guaranteed. If we can predict the outcome then it is no longer a risk. If you must win then you must risk. But I always advise that whatever we risk we should be able to shoulder. Some persons in a bid to take risk have taken uncalculated risk and so run into troubles which led to regrets.
In gambling where the outcome is not certain, no one can say some risk are waste of time and efforts because most people who won greatly never expected it but because they took the step to try it became good news at last. So, what matters is risking meaningfully.
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I'm just wondering though who are these guys that gamble for fun only, I mean I have not seen one here in our place that does that. True that I have met a person who gambles only what he can afford to lose but his objective was really to win not having fun.
Betting involves money and the possibility of losing huge amounts of money in any bet. And at that time it must be difficult to find someone who would enjoy it. Because everyone understands the cost of losing, but its cost is more or less for some. Those who have a lot of money have relatively less pain to lose. Also, those who set aside a certain amount of money for betting can have a lower cost if they lose the bet. But those who gamble with whatever money they have to use cannot accept their losses. Gambling is not fun for all.
Exactly. That's why if one can't withstand the pain of losing their money, let them gamble with little amount they can afford to lose. Gambling is not for fun because it mostly involves losing of money. Someone lost is bigger than their winning in gambling. Had it been the winning is bigger than lost, we can fully say that most people gamble for fun because of the money they do realize from gambling each of their gambling days.
It's true, and for example I know that When I make some bets, or I trade with little money I don't do it to become bad, it's simply impossible, I know that to become very profitable in trading or in gambling I must bet and take more risks, but that is something that I see with great moderation, and if I do it is in a very intelligent way, it is when I have Confirmations that my actions will be safe , and if I see that there is no confirmation of my things, well I don't do it, I prefer not to risk and look for other entries, other bets, I don't jump because I have learned that in casinos, in Sports betting there are always good opportunities that we can always take advantage of.
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Yeah exactly. Casino owners think we are just there to have fun but the only thing is that we are gettying emotional the longer we play it's because we will become a bit emotional while we play the reason why we we end up being greedy and we keep on chasing losses and that is what the owner wanted because they make more from us rather than we make gains from gambling.
Casinos will not think about whether we play for fun or to win, they also will not care whether we play calmly or play with emotion, because their goal is to make a profit from their users.
In my opinion, they will never think about their users, whether the users win or lose or whether the users experience addiction. Because from the start they founded the casino with business goals, not to think about users.
Exactly casino always gives high priority to its business. They will never treat the user with emotion. Their motive is to get as much profit as possible from the users. Although directly they will never admit that they support addicted gamblers but indirectly they do. The more addicted gamblers use their site, their income will be increased exceptionally. They will never help gamblers beyond the fact that they may offer some bonuses to some gamblers on their deposit amount and wagering amount. If one considers these things from emotions it is completely wrong.
I think casino games is the most profitable way to make huge amount of money for casino owners as gamblers are indiscriminately placing bets but sad thing is that win to lose ratio could be 1:10 but I am wondering why there are still bettors who play it despite experiencing successive loss? Are they chaing loss or just used to gambling addiction?
At the end of the day casino owners win more and I think if a casino platform can be established then it doesn't matter in favor of the owners to establish more casinos or any other establishment. Because if 10 people lose, one person can get win. That is, according to the formula, the casino authority wins. Gamblers know they will lose but they gamble with hope. They think that if a person is lucky then they try again and again to be that person and as a result of this Continuous effort some are profiting from gambling. Many have lost everything.
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At the end of the day casino owners win more and I think if a casino platform can be established then it doesn't matter in favor of the owners to establish more casinos or any other establishment. Because if 10 people lose, one person can get win. That is, according to the formula, the casino authority wins. Gamblers know they will lose but they gamble with hope. They think that if a person is lucky then they try again and again to be that person and as a result of this Continuous effort some are profiting from gambling. Many have lost everything.
You're right. The casino house is always winning because majority of the gamblers are losing. In fact, only 2% out of a 100 is profiting from gambling which means that the casino house is surviving at the mercy of the 98% of the gamblers losing. This is why we are currently experiencing proliferation of casinos. The proliferation an indication that the casino is winning the race.
My submission is that as a gambler don't chase your lose. Understand that winning is not guaranteed and so be prudent with your stake. The reason is that no matter how hard you try, the casino will always win.
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At the end of the day casino owners win more and I think if a casino platform can be established then it doesn't matter in favor of the owners to establish more casinos or any other establishment. Because if 10 people lose, one person can get win. That is, according to the formula, the casino authority wins. Gamblers know they will lose but they gamble with hope. They think that if a person is lucky then they try again and again to be that person and as a result of this Continuous effort some are profiting from gambling. Many have lost everything.
You're right. The casino house is always winning because majority of the gamblers are losing. In fact, only 2% out of a 100 is profiting from gambling which means that the casino house is surviving at the mercy of the 98% of the gamblers losing. This is why we are currently experiencing proliferation of casinos. The proliferation an indication that the casino is winning the race.
My submission is that as a gambler don't chase your lose. Understand that winning is not guaranteed and so be prudent with your stake. The reason is that no matter how hard you try, the casino will always win.
Exactly. And greed sometimes ruin the game because we started to chase and end up losing more than what we can afford to lose. And luck is elusive to be honest as it will always favor the owner of the casino but the thing is if we don't take the risk then there's no chance for us to win. But we should always put some limits to our bets so we control the game instead of the game controlling us.
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At the end of the day casino owners win more and I think if a casino platform can be established then it doesn't matter in favor of the owners to establish more casinos or any other establishment. Because if 10 people lose, one person can get win. That is, according to the formula, the casino authority wins. Gamblers know they will lose but they gamble with hope. They think that if a person is lucky then they try again and again to be that person and as a result of this Continuous effort some are profiting from gambling. Many have lost everything.
My submission is that as a gambler don't chase your lose. Understand that winning is not guaranteed and so be prudent with your stake. The reason is that no matter how hard you try, the casino will always win.
The truth is that no matter how hard we try, we will never have a chance to win for sure. and there is no chance of guaranteed winning in gambling. If we use as much money as we can lose, we will not be afraid of losing in gambling. So we should focus on how we can manage our gambling without chasing losses. Gambling is not a money making scheme which many of us know but forget.
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The truth is that no matter how hard we try, we will never have a chance to win for sure. and there is no chance of guaranteed winning in gambling.
I don't agree with you. Even though winning is not 100% guaranteed, it doesn't mean that sometimes a gambler doesn't win. The way I measure success in gambling is not by how frequent a gambler loses but whether when a gambler wins it can augment all his loses.
So we should focus on how we can manage our gambling without chasing losses. Gambling is not a money making scheme which many of us know but forget.
I agree with you. Since winning is not certain in gambling, it is always advisable for a gambler to gamble with what he can afford to lose. With such discipline, a gambler will not bother chasing loss because what he loses is an amount that won't bring concern to him.
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Gambling is all about risk it's left to you the gambler to chose the level of risk you're able and ready to bear which will also determine the amount of profit you can make as the higher the risk the bigger the profit that could potentially be made from it.
This season it's not a news to any sports gambler that Chelsea is not a reliable team to risk on due to their inconsistency and in that wolves game against them Chelsea it was really obvious that wolves were going to either get a draw or a win in that game because of Chelsea weak and non-creative performance lately in previous games, so your bet risk was a calculative one and more so luck was on your side too. As a gambler I only take calculative risk on games after doing a little research and also relying on luck to be by my side.
People always say it's about taking risks but I prefer it if the risks are calculated this doesn't mean that it guarantees 100 percent success but at least it's better to reduce the risks involved, I agree with your point on this. As a gambler that's into sports betting you must always try to analyse your games, it doesn't mean you will always get it right but you know the chances of winning are high compared to just making random selections that are very risky and unlikely to play out. Another mistake gamblers Make is always trying to increase their stake after losing a bet this is revenge betting and it's only going to cause more harm than good if done excessively
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Gambling is all about risk it's left to you the gambler to chose the level of risk you're able and ready to bear which will also determine the amount of profit you can make as the higher the risk the bigger the profit that could potentially be made from it.
This season it's not a news to any sports gambler that Chelsea is not a reliable team to risk on due to their inconsistency and in that wolves game against them Chelsea it was really obvious that wolves were going to either get a draw or a win in that game because of Chelsea weak and non-creative performance lately in previous games, so your bet risk was a calculative one and more so luck was on your side too. As a gambler I only take calculative risk on games after doing a little research and also relying on luck to be by my side.
People always say it's about taking risks but I prefer it if the risks are calculated this doesn't mean that it guarantees 100 percent success but at least it's better to reduce the risks involved, I agree with your point on this. As a gambler that's into sports betting you must always try to analyse your games, it doesn't mean you will always get it right but you know the chances of winning are high compared to just making random selections that are very risky and unlikely to play out. Another mistake gamblers Make is always trying to increase their stake after losing a bet this is revenge betting and it's only going to cause more harm than good if done excessively
You are right. Although gambling is a risky game, a gambler should not take blind risks. Certain games and stakes should be avoided. It is not appropriate for a gambler on the verge of chasing risk and winning to accumulate so many games in a single ticket and then hope to win.
Every gambler must understand that the number of games played increases the amount of risk involved Thus, as you mentioned, gamblers should always take calculated and strategic risks to increase their chances of winning and reduce their losses.
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Gambling is all about risk it's left to you the gambler to chose the level of risk you're able and ready to bear which will also determine the amount of profit you can make as the higher the risk the bigger the profit that could potentially be made from it.
This season it's not a news to any sports gambler that Chelsea is not a reliable team to risk on due to their inconsistency and in that wolves game against them Chelsea it was really obvious that wolves were going to either get a draw or a win in that game because of Chelsea weak and non-creative performance lately in previous games, so your bet risk was a calculative one and more so luck was on your side too. As a gambler I only take calculative risk on games after doing a little research and also relying on luck to be by my side.
In the process of taking risks the gambler should also ensure that those risks are responsible and well calculated this might not make it a successful outcome but at least you tried your possible best to play safe, even if I'm to bet on my favourite team to win I wouldn't gamble with an amount that's too high for me to lose. Gambling is a 50/50 thing even the strongest teams can mess up. I remember when I placed a bet of 2 odds and one of the options was Chelsea to score over 1.5 Goals, it started well they scored before the 5th minute in first half and after that they didn't score again, the game ended as 1:0, you can see how funny gambling can be
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We can get good only when we take risk, without risk nothing can ever be good, but if we take risk in gambling then that risk must be reasonable. Because when you gamble with emotion, you definitely lose it, just a while ago my friend came to my house and he gambled on his mobile, at first he got good profit, but from then on he started losing.
Every time he was giving money he was losing money, I then told him you don't gamble anymore but he didn't listen to me. He started gambling with more and more money on impulse. And he lost all the money in his balance now his balance is zero.
At last he gave up and quietly left my house, not even saying goodbye to me as he left. Actually he is totally frustrated right now, he lost $190 in just 30 to 40 minutes, I sat next to him and watched him gambling on his mobile from the beginning, he started with full $50 and maxed out at $190 and then slowly After losing, he bet big on impulse and lost all the money. So never gamble with emotion, it always leads to loss, gamble responsibly and gamble well.
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In the process of taking risks the gambler should also ensure that those risks are responsible and well calculated this might not make it a successful outcome but at least you tried your possible best to play safe, even if I'm to bet on my favourite team to win I wouldn't gamble with an amount that's too high for me to lose. Gambling is a 50/50 thing even the strongest teams can mess up. I remember when I placed a bet of 2 odds and one of the options was Chelsea to score over 1.5 Goals, it started well they scored before the 5th minute in first half and after that they didn't score again, the game ended as 1:0, you can see how funny gambling can be
The risk we take must be based on what we can afford to lose, I myself prefer to think that I am losing my money before gambling, because that way I can manage my finances well.
When we gamble with such a mindset, then we have calculated everything, including the reserves we have and will not interfere with money for other needs. This is a form of responsibility that I can carry out, and it works well for me personally.
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The risk we take must be based on what we can afford to lose, I myself prefer to think that I am losing my money before gambling, because that way I can manage my finances well.
When we gamble with such a mindset, then we have calculated everything, including the reserves we have and will not interfere with money for other needs. This is a form of responsibility that I can carry out, and it works well for me personally.
This is so important. A gambler shouldn't gamble with what he cannot afford because gambling is said to be a game of risk. As you mentioned, any risk a gambler takes must be limited to an amount he can afford to lose. A gambler should avoid taking risks that will ruin his finances in order to make more money.
Gambling causes more problems than it solves, so any calculated risk taken by a gambler should not be motivated by a desire to recoup losses. Most gamblers make this mistake, which has had an impact on their lives and relationships.
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In the process of taking risks the gambler should also ensure that those risks are responsible and well calculated this might not make it a successful outcome but at least you tried your possible best to play safe, even if I'm to bet on my favourite team to win I wouldn't gamble with an amount that's too high for me to lose. Gambling is a 50/50 thing even the strongest teams can mess up. I remember when I placed a bet of 2 odds and one of the options was Chelsea to score over 1.5 Goals, it started well they scored before the 5th minute in first half and after that they didn't score again, the game ended as 1:0, you can see how funny gambling can be
The risk we take must be based on what we can afford to lose, I myself prefer to think that I am losing my money before gambling, because that way I can manage my finances well.
When we gamble with such a mindset, then we have calculated everything, including the reserves we have and will not interfere with money for other needs. This is a form of responsibility that I can carry out, and it works well for me personally.
I am also doing the same thing that is why I can control myself now from overspending or even losing more than the amount of money allocated for my gambling activity but from my previous years of gambling I was that irresponsible because I did the opposite that sometimes end me up using extra money intended for my needs and that earned me bad result.
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In the process of taking risks the gambler should also ensure that those risks are responsible and well calculated this might not make it a successful outcome but at least you tried your possible best to play safe, even if I'm to bet on my favourite team to win I wouldn't gamble with an amount that's too high for me to lose. Gambling is a 50/50 thing even the strongest teams can mess up. I remember when I placed a bet of 2 odds and one of the options was Chelsea to score over 1.5 Goals, it started well they scored before the 5th minute in first half and after that they didn't score again, the game ended as 1:0, you can see how funny gambling can be
The risk we take must be based on what we can afford to lose, I myself prefer to think that I am losing my money before gambling, because that way I can manage my finances well.
When we gamble with such a mindset, then we have calculated everything, including the reserves we have and will not interfere with money for other needs. This is a form of responsibility that I can carry out, and it works well for me personally.
I am also doing the same thing that is why I can control myself now from overspending or even losing more than the amount of money allocated for my gambling activity but from my previous years of gambling I was that irresponsible because I did the opposite that sometimes end me up using extra money intended for my needs and that earned me bad result.
That’s why gamblers are always advised to use money they can afford to lose. One mistake most gamblers mostly make is to always consider the amount they would have potentially won and then use the emotions from that event to make subsequent decisions in their next games. By doing this they may likely end up making impulsive decisions that may likely land them in more losses. But when a gambler considers to have already lost the money he plans to use, even before he uses it, it’ll help him contain his emotions when/if he eventually loses the bet, thereby protecting himself from chasing losses due to unrealistic expectations.
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In the process of taking risks the gambler should also ensure that those risks are responsible and well calculated this might not make it a successful outcome but at least you tried your possible best to play safe, even if I'm to bet on my favourite team to win I wouldn't gamble with an amount that's too high for me to lose. Gambling is a 50/50 thing even the strongest teams can mess up. I remember when I placed a bet of 2 odds and one of the options was Chelsea to score over 1.5 Goals, it started well they scored before the 5th minute in first half and after that they didn't score again, the game ended as 1:0, you can see how funny gambling can be
The risk we take must be based on what we can afford to lose, I myself prefer to think that I am losing my money before gambling, because that way I can manage my finances well.
When we gamble with such a mindset, then we have calculated everything, including the reserves we have and will not interfere with money for other needs. This is a form of responsibility that I can carry out, and it works well for me personally.
I am also doing the same thing that is why I can control myself now from overspending or even losing more than the amount of money allocated for my gambling activity but from my previous years of gambling I was that irresponsible because I did the opposite that sometimes end me up using extra money intended for my needs and that earned me bad result.
That’s why gamblers are always advised to use money they can afford to lose. One mistake most gamblers mostly make is to always consider the amount they would have potentially won and then use the emotions from that event to make subsequent decisions in their next games. By doing this they may likely end up making impulsive decisions that may likely land them in more losses. But when a gambler considers to have already lost the money he plans to use, even before he uses it, it’ll help him contain his emotions when/if he eventually loses the bet, thereby protecting himself from chasing losses due to unrealistic expectations.
Gambling must be gambled with the ability to lose, one of the biggest traps is getting emotional in gambling. Because when a gambler loses his money in gambling, then that gambler starts gambling on impulse, then he starts gambling with more money without thinking about any other aspect. As a result he is in financial loss. Try to be as calm as possible in such a situation, develop this habit, and for this always keep yourself in a stable, make a limit of a certain amount of money to gamble, and always keep yourself within that limit. If you develop such a habit, you can protect yourself from big losses.
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In the process of taking risks the gambler should also ensure that those risks are responsible and well calculated this might not make it a successful outcome but at least you tried your possible best to play safe, even if I'm to bet on my favourite team to win I wouldn't gamble with an amount that's too high for me to lose. Gambling is a 50/50 thing even the strongest teams can mess up. I remember when I placed a bet of 2 odds and one of the options was Chelsea to score over 1.5 Goals, it started well they scored before the 5th minute in first half and after that they didn't score again, the game ended as 1:0, you can see how funny gambling can be
The risk we take must be based on what we can afford to lose, I myself prefer to think that I am losing my money before gambling, because that way I can manage my finances well.
When we gamble with such a mindset, then we have calculated everything, including the reserves we have and will not interfere with money for other needs. This is a form of responsibility that I can carry out, and it works well for me personally.
I am also doing the same thing that is why I can control myself now from overspending or even losing more than the amount of money allocated for my gambling activity but from my previous years of gambling I was that irresponsible because I did the opposite that sometimes end me up using extra money intended for my needs and that earned me bad result.
That’s why gamblers are always advised to use money they can afford to lose. One mistake most gamblers mostly make is to always consider the amount they would have potentially won and then use the emotions from that event to make subsequent decisions in their next games. By doing this they may likely end up making impulsive decisions that may likely land them in more losses. But when a gambler considers to have already lost the money he plans to use, even before he uses it, it’ll help him contain his emotions when/if he eventually loses the bet, thereby protecting himself from chasing losses due to unrealistic expectations.
Gambling must be gambled with the ability to lose, one of the biggest traps is getting emotional in gambling. Because when a gambler loses his money in gambling, then that gambler starts gambling on impulse, then he starts gambling with more money without thinking about any other aspect. As a result he is in financial loss. Try to be as calm as possible in such a situation, develop this habit, and for this always keep yourself in a stable, make a limit of a certain amount of money to gamble, and always keep yourself within that limit. If you develop such a habit, you can protect yourself from big losses.
However, there are exceptions when it is good to feel emotions while gambling. For example, if I come home from work and need a stress reliever. I can play poker once every couple of weeks. And it works great, I relax without spending much money. But I also do not forget about self-control.
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The risk we take must be based on what we can afford to lose, I myself prefer to think that I am losing my money before gambling, because that way I can manage my finances well.
When we gamble with such a mindset, then we have calculated everything, including the reserves we have and will not interfere with money for other needs. This is a form of responsibility that I can carry out, and it works well for me personally.
This is so important. A gambler shouldn't gamble with what he cannot afford because gambling is said to be a game of risk. As you mentioned, any risk a gambler takes must be limited to an amount he can afford to lose. A gambler should avoid taking risks that will ruin his finances in order to make more money.
Gambling causes more problems than it solves, so any calculated risk taken by a gambler should not be motivated by a desire to recoup losses. Most gamblers make this mistake, which has had an impact on their lives and relationships.
Don't let the gambling we do cause new problems in the future. We should have realized it from the start so that it can be a fortress for us to never step past the boundary between ability and gambling.
I think if all gamblers apply something like this, then we will never hear of a gambler getting depressed because of the gambling they do. But unfortunately not everyone can apply discipline, so we hear many bad cases.
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In the process of taking risks the gambler should also ensure that those risks are responsible and well calculated this might not make it a successful outcome but at least you tried your possible best to play safe, even if I'm to bet on my favourite team to win I wouldn't gamble with an amount that's too high for me to lose. Gambling is a 50/50 thing even the strongest teams can mess up. I remember when I placed a bet of 2 odds and one of the options was Chelsea to score over 1.5 Goals, it started well they scored before the 5th minute in first half and after that they didn't score again, the game ended as 1:0, you can see how funny gambling can be
The risk we take must be based on what we can afford to lose, I myself prefer to think that I am losing my money before gambling, because that way I can manage my finances well.
When we gamble with such a mindset, then we have calculated everything, including the reserves we have and will not interfere with money for other needs. This is a form of responsibility that I can carry out, and it works well for me personally.
I am also doing the same thing that is why I can control myself now from overspending or even losing more than the amount of money allocated for my gambling activity but from my previous years of gambling I was that irresponsible because I did the opposite that sometimes end me up using extra money intended for my needs and that earned me bad result.
That’s why gamblers are always advised to use money they can afford to lose. One mistake most gamblers mostly make is to always consider the amount they would have potentially won and then use the emotions from that event to make subsequent decisions in their next games. By doing this they may likely end up making impulsive decisions that may likely land them in more losses. But when a gambler considers to have already lost the money he plans to use, even before he uses it, it’ll help him contain his emotions when/if he eventually loses the bet, thereby protecting himself from chasing losses due to unrealistic expectations.
There are people out there who have a high amount of risk appetite. we gamble safely to ensure that we don't lose a lot of money gambling is very risky before creating a risky we should calculate if the odds are high to have a chance of winning. Risking in gambling is a double edge sword either you win money or lose it in seconds.
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At the end of the day casino owners win more and I think if a casino platform can be established then it doesn't matter in favor of the owners to establish more casinos or any other establishment. Because if 10 people lose, one person can get win. That is, according to the formula, the casino authority wins. Gamblers know they will lose but they gamble with hope. They think that if a person is lucky then they try again and again to be that person and as a result of this Continuous effort some are profiting from gambling. Many have lost everything.
You're right. The casino house is always winning because majority of the gamblers are losing. In fact, only 2% out of a 100 is profiting from gambling which means that the casino house is surviving at the mercy of the 98% of the gamblers losing. This is why we are currently experiencing proliferation of casinos. The proliferation an indication that the casino is winning the race.
My submission is that as a gambler don't chase your lose. Understand that winning is not guaranteed and so be prudent with your stake. The reason is that no matter how hard you try, the casino will always win.
because that is the rule, the casino founders have managed everything because they are looking for profit, not endless donations, so we have to be smart in controlling our finances for gambling
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In the process of taking risks the gambler should also ensure that those risks are responsible and well calculated this might not make it a successful outcome but at least you tried your possible best to play safe, even if I'm to bet on my favourite team to win I wouldn't gamble with an amount that's too high for me to lose. Gambling is a 50/50 thing even the strongest teams can mess up. I remember when I placed a bet of 2 odds and one of the options was Chelsea to score over 1.5 Goals, it started well they scored before the 5th minute in first half and after that they didn't score again, the game ended as 1:0, you can see how funny gambling can be
The risk we take must be based on what we can afford to lose, I myself prefer to think that I am losing my money before gambling, because that way I can manage my finances well.
When we gamble with such a mindset, then we have calculated everything, including the reserves we have and will not interfere with money for other needs. This is a form of responsibility that I can carry out, and it works well for me personally.
I am also doing the same thing that is why I can control myself now from overspending or even losing more than the amount of money allocated for my gambling activity but from my previous years of gambling I was that irresponsible because I did the opposite that sometimes end me up using extra money intended for my needs and that earned me bad result.
That’s why gamblers are always advised to use money they can afford to lose. One mistake most gamblers mostly make is to always consider the amount they would have potentially won and then use the emotions from that event to make subsequent decisions in their next games. By doing this they may likely end up making impulsive decisions that may likely land them in more losses. But when a gambler considers to have already lost the money he plans to use, even before he uses it, it’ll help him contain his emotions when/if he eventually loses the bet, thereby protecting himself from chasing losses due to unrealistic expectations.
There are people out there who have a high amount of risk appetite. we gamble safely to ensure that we don't lose a lot of money gambling is very risky before creating a risky we should calculate if the odds are high to have a chance of winning. Risking in gambling is a double edge sword either you win money or lose it in seconds.
In general, I came to the conclusion that risk is bad. And if someone takes risks, he has obviously lost. The fact is that a serious approach requires a precise plan and specific actions according to it. And if someone rushes into the pool of luck and leaves fate to chance, then such a person is counting on defeat in advance. This is one of the reasons why it is better to be a fan of business or trading rather than gambling.
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Don't let the gambling we do cause new problems in the future. We should have realized it from the start so that it can be a fortress for us to never step past the boundary between ability and gambling.
I think if all gamblers apply something like this, then we will never hear of a gambler getting depressed because of the gambling they do. But unfortunately not everyone can apply discipline, so we hear many bad cases.
It is very important to have a clear line between gambling and discipline. If we do not gamble with discipline it will go beyond our control which may lead to financial loss in future, and most of the time gamblers fail to maintain this discipline. As a result they face financial loss. So be it gambling or investing we should discipline ourselves to gamble within certain limits, and keep ourselves under control at all times. So that we do not become addicted.
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So here is my question, have done something like this knowing fully well that the risk is what brings the rewards and how did it go for you own experience.
Ah, I remember about a certain film entitle No Risk No Gain (https://www.imdb.com/title/tt0101011/), it is also about gambling. Yes, because this is gambling. Gambling is indeed a risky thing, so if you can't take risks and be able to manage risks well and wisely, it won't live up to expectations. However, that doesn't mean you really have to be reckless without calculating the risk. Because even in gambling, you should always think about what the future risks are, and how to deal with them. Sometimes we only focus on the gains we want to achieve but we forget the actual process. When we only think recklessly and also think about luck, then this will be quite successful, because after all luck will not always come to us immediately.
Very valid, when taking risks we should always make sure they are calculated and we'll thought out, a lot of gamblers don't learn to reduce their stakes which makes them lose a lot of money when the prediction doesn't go their way. Even if you are sure about the outcome it's not advisable to gamble with what you can't afford to lose although it's a risk to reward thing but what if it doesn't work out? How would it affect you financially? Asking yourself logical questions like this would make you think twice before taking a huge risk. Don't gamble with more than 10 percent of what you earn monthly, this is something that would help you mitigate your losses
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It is very important to have a clear line between gambling and discipline. If we do not gamble with discipline it will go beyond our control which may lead to financial loss in future, and most of the time gamblers fail to maintain this discipline. As a result they face financial loss. So be it gambling or investing we should discipline ourselves to gamble within certain limits, and keep ourselves under control at all times. So that we do not become addicted.
Discipline is easy to say which can be implemented into gambling but I will tell you that gambling is about your management risk and removing greed completely out of it. If you do these things, you will enjoy gambling and wouldn't have much problem from addiction, if you are not greedy there is no way addiction will come and if you practice management of risk, you will lose less.
In life if you never risk, you will probably stay in one place forever, you will not progress and you will not know what to try and things not worth trying and because you risk doesn't really mean you are going to make it, you can lose and you may get reward for risking.
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Don't let the gambling we do cause new problems in the future. We should have realized it from the start so that it can be a fortress for us to never step past the boundary between ability and gambling.
I think if all gamblers apply something like this, then we will never hear of a gambler getting depressed because of the gambling they do. But unfortunately not everyone can apply discipline, so we hear many bad cases.
It is very important to have a clear line between gambling and discipline. If we do not gamble with discipline it will go beyond our control which may lead to financial loss in future, and most of the time gamblers fail to maintain this discipline. As a result they face financial loss. So be it gambling or investing we should discipline ourselves to gamble within certain limits, and keep ourselves under control at all times. So that we do not become addicted.
At first they can be disciplined, but as time goes by they lose control and can no longer maintain discipline like in the beginning, that is the consistency we need.
Yes, consistency is one of the things that is very difficult to do, because usually in the journey there are always problems that cause us to no longer be consistent in maintaining our discipline at the beginning, one of which is uncontrollable emotions.
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Our human nature is designed there that we want maximum profit and life change, but at the same time do not want to risk anything. Well, this does not happen. If someone came to success, it means that this person definitely risked something, and perhaps suffered several defeats.
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Our human nature is designed there that we want maximum profit and life change, but at the same time do not want to risk anything. Well, this does not happen. If someone came to success, it means that this person definitely risked something, and perhaps suffered several defeats.
we should learn to find the middle you can’t keep on risking things without getting anything back you are just purposely losing your money if you do that but know that if these risks do end up costing you the best way is to try and learn and do better the next time
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In the process of taking risks the gambler should also ensure that those risks are responsible and well calculated this might not make it a successful outcome but at least you tried your possible best to play safe, even if I'm to bet on my favourite team to win I wouldn't gamble with an amount that's too high for me to lose. Gambling is a 50/50 thing even the strongest teams can mess up. I remember when I placed a bet of 2 odds and one of the options was Chelsea to score over 1.5 Goals, it started well they scored before the 5th minute in first half and after that they didn't score again, the game ended as 1:0, you can see how funny gambling can be
The risk we take must be based on what we can afford to lose, I myself prefer to think that I am losing my money before gambling, because that way I can manage my finances well.
When we gamble with such a mindset, then we have calculated everything, including the reserves we have and will not interfere with money for other needs. This is a form of responsibility that I can carry out, and it works well for me personally.
I am also doing the same thing that is why I can control myself now from overspending or even losing more than the amount of money allocated for my gambling activity but from my previous years of gambling I was that irresponsible because I did the opposite that sometimes end me up using extra money intended for my needs and that earned me bad result.
That’s why gamblers are always advised to use money they can afford to lose. One mistake most gamblers mostly make is to always consider the amount they would have potentially won and then use the emotions from that event to make subsequent decisions in their next games. By doing this they may likely end up making impulsive decisions that may likely land them in more losses. But when a gambler considers to have already lost the money he plans to use, even before he uses it, it’ll help him contain his emotions when/if he eventually loses the bet, thereby protecting himself from chasing losses due to unrealistic expectations.
There are people out there who have a high amount of risk appetite. we gamble safely to ensure that we don't lose a lot of money gambling is very risky before creating a risky we should calculate if the odds are high to have a chance of winning. Risking in gambling is a double edge sword either you win money or lose it in seconds.
A gambler must have a limitation. The more one gambles he will face more losses. Again the person who gambles within control will have the opportunity to gamble for a long time. Gamblers must take risks along with making safe gambling decisions. Gambling with the intention of getting a lot of money is profitable and same time the possibility of loss will increase.
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A gambler must have a limitation. The more one gambles he will face more losses. Again the person who gambles within control will have the opportunity to gamble for a long time. Gamblers must take risks along with making safe gambling decisions. Gambling with the intention of getting a lot of money is profitable and same time the possibility of loss will increase.
Well plan (calculated) risk reduce big lose. When a gambler has no plan and just play gambling without thinking the next step loses tremendously. And a gambler should have a budget so that he will have a scope in his gambling habit. As a professional gambler, you don't have to gamble anyhow but with a calculative mindset. And it is not all the games any game you see you gamble but specific games which you too know that you can do well. And gamblers should not think to win at all time so that you won't be disappointed.
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A gambler must have a limitation. The more one gambles he will face more losses. Again the person who gambles within control will have the opportunity to gamble for a long time. Gamblers must take risks along with making safe gambling decisions. Gambling with the intention of getting a lot of money is profitable and same time the possibility of loss will increase.
Gambling with the intention of making a lot of money is not a good intention. When a gambler has such an intention, it is difficult to maintain control. This is because the gambler's desire to make money makes it difficult for him to stick to any limits he has set because he sees every gambling session as an opportunity to make money, so even when he loses, he believes that he is close to winning, so he continues gambling.
For a gambler who believes that gambling cannot provide him with any financial benefits, it will be easier for him to control his gambling rate because he does not want to lose so much money because he does not expect to receive it back.
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There are people out there who have a high amount of risk appetite. we gamble safely to ensure that we don't lose a lot of money gambling is very risky before creating a risky we should calculate if the odds are high to have a chance of winning. Risking in gambling is a double edge sword either you win money or lose it in seconds.
You’re right, but it’s quite unfortunate that a lot of people do not actually realize this, they’re always of the no risk, no reward philosophy but they fail to realize that not all risks are worth taking, risks that are not calculated may often lead to losses and even more losses. That’s why it’s good to weigh certain risks before even attempts to take them, especially when they are risks you know too well would take you a long time to recover from the impact, should things go bazaar.
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Our human nature is designed there that we want maximum profit and life change, but at the same time do not want to risk anything. Well, this does not happen. If someone came to success, it means that this person definitely risked something, and perhaps suffered several defeats.
If this is something we should change, we all have a purpose , everything is an effort , in fact 'for everything we have to take risks, even in our Own home we can be subject to danger s, so why not risk certain things, of Course risk has a very broad concept , the concept of risk in the game should be minimal, therefore in the game I recommend that the person take the risk to his own , but in other activities, we need the maximum risk , they are different things but they can be done.
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If this is something we should change, we all have a purpose , everything is an effort , in fact 'for everything we have to take risks, even in our Own home we can be subject to danger s, so why not risk certain things, of Course risk has a very broad concept , the concept of risk in the game should be minimal, therefore in the game I recommend that the person take the risk to his own , but in other activities, we need the maximum risk , they are different things but they can be done.
Everything we indulge ourselves in has its own risks. Someone once said that refusing to take risks is a risk on its own and I find it to be true. Some people think they made it to where they are simply because of how careful and cautious they are, especially in business or investment, risk remains an inevitable aspect of business and investment, because without risks, you may not be able to reach your desired height. But while taking of risks is crucial, one must also draw a line between risk and greed, one must know what risks are worth taking and which isn’t.
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If this is something we should change, we all have a purpose , everything is an effort , in fact 'for everything we have to take risks, even in our Own home we can be subject to danger s, so why not risk certain things, of Course risk has a very broad concept , the concept of risk in the game should be minimal, therefore in the game I recommend that the person take the risk to his own , but in other activities, we need the maximum risk , they are different things but they can be done.
Everything we indulge ourselves in has its own risks. Someone once said that refusing to take risks is a risk on its own and I find it to be true. Some people think they made it to where they are simply because of how careful and cautious they are, especially in business or investment, risk remains an inevitable aspect of business and investment, because without risks, you may not be able to reach your desired height. But while taking of risks is crucial, one must also draw a line between risk and greed, one must know what risks are worth taking and which isn’t.
Risk isnt really just that could be seen or could really be able to apply into those things that involves money but also even into making simple decisions in life will really be having also its risks.
This is why we would really be that trying out to choose on what are the things that we do know that we could benefit out and will having that less negative outcome that it could give.
Decision making w ill really be having its risks involved specially when you do make out investment on which every steps or decisions you made will really be having that corresponding outcome
or results. This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.
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This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.
Well yeah, back up plans or plan B is really a must if we really are interested in making gains and that plan is always accompanied by risks and if it won't go on our favor then it means pain not gain. A lot of people or gamblers have no back-up plans on things including gambling but plan B in gambling is really different compared to regular back-up plans we had in our daily lives.
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This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.
Inasmuch as risk taking is very crucial for everyone when faced with certain situations regarding business, investment or any venture that involves money, so is risk management too, everyone has their own personal risk tolerance level, this could be based on each person’s financial status, investment goals and other corresponding factors. Risk management helps you identify your risk tolerance level and makes you choose which risks are worth taking and which ones are not, so as to avoid taking risks without first calculating them.
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This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.
Inasmuch as risk taking is very crucial for everyone when faced with certain situations regarding business, investment or any venture that involves money, so is risk management too, everyone has their own personal risk tolerance level, this could be based on each person’s financial status, investment goals and other corresponding factors. Risk management helps you identify your risk tolerance level and makes you choose which risks are worth taking and which ones are not, so as to avoid taking risks without first calculating them.
Yeah, I agree that every big decision to be made should be calculated first to know if it is worth it especially when risking something it is true that no risk no gain but at the same time, it's smart to weigh the pros and cons. You don't want to jump into something blindly and lose more than you gain.
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This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.
Well yeah, back up plans or plan B is really a must if we really are interested in making gains and that plan is always accompanied by risks and if it won't go on our favor then it means pain not gain. A lot of people or gamblers have no back-up plans on things including gambling but plan B in gambling is really different compared to regular back-up plans we had in our daily lives.
many people think of it as like all or nothing
its either they risk everything gain a lot or just dont do it but you do not need to live your life to the extremes yes take the risk but make sure that once the ship starts sinking you have a plan to get out of the ship and safely to the shore just because things do not turn the way you expected after taking the risk doesnt mean you wont gain anything from it maybe you wont gain the full benefits but with risk management you can gain at least half and not end up losing everything
this honestly applies to everything in life and not just gambling
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But while taking of risks is crucial, one must also draw a line between risk and greed, one must know what risks are worth taking and which isn’t.
Yes, I say something, when we are trading or when we are about to make an investment we take risks, it is up to us to determine how far we are willing to risk, that is already part of us how we decide to risk, but risk itself is part of life, I have taken risks on many occasions, but things have not worked out for me, sometimes I do not have enough strength to do it again because I lose money, but a few weeks ago I realized that we have to insist, and that is what life is about, insisting until we achieve it, many of our performance is not the option.
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This is why risks management will really be that relevant or something that needs up to look upon and make out immediate back up plans if ever it turned out to be non effective.
Well yeah, back up plans or plan B is really a must if we really are interested in making gains and that plan is always accompanied by risks and if it won't go on our favor then it means pain not gain. A lot of people or gamblers have no back-up plans on things including gambling but plan B in gambling is really different compared to regular back-up plans we had in our daily lives.
What do you mean by a backup plan for gamblers? I don't understand...
For me, Gambling is just for fun, so our goal is just to have fun, no backup plan is needed.
Even for a gambling addict, backup plans are not in their plans, they only think about continuing to gamble without caring about the result.
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But while taking of risks is crucial, one must also draw a line between risk and greed, one must know what risks are worth taking and which isn’t.
It is clear that risk and greed are very different, if we think about the risk in the future, then the loss can be minimized, right? If someone is greedy, then in his mind there will be no thought of risk if plan A is outside the plan and plan B is also far away, he still forces himself to seek profit even though it is clear that there is no way to victory.
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It is clear that risk and greed are very different, if we think about the risk in the future, then the loss can be minimized, right? If someone is greedy, then in his mind there will be no thought of risk if plan A is outside the plan and plan B is also far away, he still forces himself to seek profit even though it is clear that there is no way to victory.
You’re right, but not everyone has the ability to differentiate between between taking risks and making greedy decisions, because to them, it’s just same as one. Just like you said, even when all odds are total against them and there’s absolutely no guarantee of making profits, the only solution in such a situation would’ve been to make a quick U-turn, but these folks would still wish to push through the impossibility. Although sometimes, such greed can actually pay off but most times it’ll only end in a loss.
I’ll always advise anyone with such a mindset to make sure they’re actually wagering money they can actually afford to lose, so when it’s lost, they wouldn’t feel much of the impact and should in case they win, then good for them.
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But while taking of risks is crucial, one must also draw a line between risk and greed, one must know what risks are worth taking and which isn’t.
It is clear that risk and greed are very different, if we think about the risk in the future, then the loss can be minimized, right? If someone is greedy, then in his mind there will be no thought of risk if plan A is outside the plan and plan B is also far away, he still forces himself to seek profit even though it is clear that there is no way to victory.
Only a gambler with self-control can distinguish between risk and greed. If you don't have self control, you will take wrong gambling decisions and boost that you are taking risk. I have noticed that gamblers who make poor gambling decisions are quick to justify their actions by claiming "no risk, no gain." All gamblers should understand that gambling risk should always be calculated, which means that it should not have a significant impact on a gambler's income and ability to live.
The above should always guide a gambler when he decides to take a risk in gambling. Any decision that has the potential to ruin a gambler's finances is no longer considered risk, but greed. This is because picking up your funds to gamble in an uncertain event is already considered risk, and as such, a gambler should not shoulder so much risk by staking more than he can afford to lose. Such gambling cannot be considered risk anymore but greed.
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Taking risk is part of nature and it can get you a lot that you can’t get when you don’t take those risks. Whether gambling, trading, starting up a business, everything involves taking risk and those that take the highest risks are those that possibly get the big wins. It’s proportional though, the more the risk the more gain and also the lesser the risk, the lesser the gain you’ll incur from what you wish to achieve from that. The only thing that will keep you in a good position and continue to strive well is when you know the amount of risk you can take, don’t go beyond it and make sure your use proper risk management in anything you decide to do.
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Only a gambler with self-control can distinguish between risk and greed. If you don't have self control, you will take wrong gambling decisions and boost that you are taking risk. I have noticed that gamblers who make poor gambling decisions are quick to justify their actions by claiming "no risk, no gain." All gamblers should understand that gambling risk should always be calculated, which means that it should not have a significant impact on a gambler's income and ability to live.
I totally agree that self control remains the hallmark of every responsible gambler, as this remains the only thing that enables gamblers maintain a leveled head when faced with certain circumstances and still manage to make better gambling choices. And this includes the ability to distinguish between calculated risks and greed. Without self control, every gambler is bound to often rationalize poor gambling decisions and to justify themselves, they often hide behind the no risk, no reward mantra.
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You can't achieve much in any business without a few tries. But in betting, there must also be a strategy, you can not mindlessly bet money on luck. I stick to my strategy and it turns out periodically to earn good money, especially if you still use a good platform for betting as Fairspin, there give a lot of bonuses and they have good odds. You can check it yourself ttps://fairspin.cc/SB2024_10Shill
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Only a gambler with self-control can distinguish between risk and greed. If you don't have self control, you will take wrong gambling decisions and boost that you are taking risk. I have noticed that gamblers who make poor gambling decisions are quick to justify their actions by claiming "no risk, no gain." All gamblers should understand that gambling risk should always be calculated, which means that it should not have a significant impact on a gambler's income and ability to live.
I totally agree that self control remains the hallmark of every responsible gambler, as this remains the only thing that enables gamblers maintain a leveled head when faced with certain circumstances and still manage to make better gambling choices. And this includes the ability to distinguish between calculated risks and greed. Without self control, every gambler is bound to often rationalize poor gambling decisions and to justify themselves, they often hide behind the no risk, no reward mantra.
The word is actually correct, but it will be fatal if we do not understand it very well. Now the question is how much risk can we take? If we only hold on to the word "risk" we might spend our money, because we hide behind the word brave.
But in gambling we must be able to understand every word correctly, because if not it will have bad consequences.
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The word is actually correct, but it will be fatal if we do not understand it very well. Now the question is how much risk can we take? If we only hold on to the word "risk" we might spend our money, because we hide behind the word brave.
But in gambling we must be able to understand every word correctly, because if not it will have bad consequences.
That really is the case. If we do not know how gambling works then we may be chasing losses or winnings that does not exist. We all know that we fighting against luck as it was very elusive and from that risk is wide and could be a trap for us to spend more because we don't know how to take risk effectively in gambling.
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The word is actually correct, but it will be fatal if we do not understand it very well. Now the question is how much risk can we take? If we only hold on to the word "risk" we might spend our money, because we hide behind the word brave.
But in gambling we must be able to understand every word correctly, because if not it will have bad consequences.
That really is the case. If we do not know how gambling works then we may be chasing losses or winnings that does not exist. We all know that we fighting against luck as it was very elusive and from that risk is wide and could be a trap for us to spend more because we don't know how to take risk effectively in gambling.
When gambling we have to take enough risks. If we can't take risks, we can never do anything good. However, if we don't take risks all the time while gambling, we can be in great danger. We have to take risks only when taking risks is good. Pub. At times excessive gambling addiction can be a big danger for us. If we can control ourselves and gamble then it can be good for us. We cannot change our destiny depending on the luck we get from gambling.
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There is risk everywhere and always. Even when you just go outside. And in gambling the degree of risk is increased. But if you do not risk, you do not win. The degree of risk can be roughly estimated, but it is better not to go to the bank when you have almost no finances.
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Everything we indulge ourselves in has its own risks. Someone once said that refusing to take risks is a risk on its own and I find it to be true. Some people think they made it to where they are simply because of how careful and cautious they are, especially in business or investment, risk remains an inevitable aspect of business and investment, because without risks, you may not be able to reach your desired height. But while taking of risks is crucial, one must also draw a line between risk and greed, one must know what risks are worth taking and which isn’t.
Well I have always said that when one ventures into trading, or any business, even when one plays in a casino, things are always very different, the risks are very great but they have to be assumed, but sometimes we must be cautious with risks, we cannot put all our balance in a single business, or in a single operation, because if we lose we will be left empty-handed and that is not the idea, it is always good to assume certain risks that we are willing to lose and that do not Affect our daily life.
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Only a gambler with self-control can distinguish between risk and greed. If you don't have self control, you will take wrong gambling decisions and boost that you are taking risk. I have noticed that gamblers who make poor gambling decisions are quick to justify their actions by claiming "no risk, no gain." All gamblers should understand that gambling risk should always be calculated, which means that it should not have a significant impact on a gambler's income and ability to live.
I totally agree that self control remains the hallmark of every responsible gambler, as this remains the only thing that enables gamblers maintain a leveled head when faced with certain circumstances and still manage to make better gambling choices. And this includes the ability to distinguish between calculated risks and greed. Without self control, every gambler is bound to often rationalize poor gambling decisions and to justify themselves, they often hide behind the no risk, no reward mantra.
The word is actually correct, but it will be fatal if we do not understand it very well. Now the question is how much risk can we take? If we only hold on to the word "risk" we might spend our money, because we hide behind the word brave.
But in gambling we must be able to understand every word correctly, because if not it will have bad consequences.
You’re absolutely right.
In the end it’s all about knowing your own personal risk tolerance level and then work on your management risk, because risk tolerance level is something that may differ from person to person, which could also be determined by several factors, a person’s knowledge and experience on the particular risk he tends to take, the person’s financial capacity, the impact of the risk on the person should things goes bazaar and several other reasons. Once you’ve weighed these factors, you may be able to identify your risk tolerance level and then be able to focus on your management skills.
Some people end up taking certain risks simply because they see others taking the same equal amount of risk without fully calculating and checking the weight of the risk on their end, and then hiding in the shadow of the no risk, no reward term, which of course could lead to heavy financial losses
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The word is actually correct, but it will be fatal if we do not understand it very well. Now the question is how much risk can we take? If we only hold on to the word "risk" we might spend our money, because we hide behind the word brave.
But in gambling we must be able to understand every word correctly, because if not it will have bad consequences.
That really is the case. If we do not know how gambling works then we may be chasing losses or winnings that does not exist. We all know that we fighting against luck as it was very elusive and from that risk is wide and could be a trap for us to spend more because we don't know how to take risk effectively in gambling.
When gambling we have to take enough risks. If we can't take risks, we can never do anything good. However, if we don't take risks all the time while gambling, we can be in great danger. We have to take risks only when taking risks is good. Pub. At times excessive gambling addiction can be a big danger for us. If we can control ourselves and gamble then it can be good for us. We cannot change our destiny depending on the luck we get from gambling.
Many times we have to take risks while gambling because the desire to win more tends to drive us crazy. Those who can take risks while gambling can win most of the time but losing has a lot of financial loss so a gambler must rely on his luck only experience is less likely to win. A limited gambling habit can be positive for a gambler as he is less likely to become addicted.
I myself take risks and lose most of the time even though I have a chance to win every time. But in the meantime the motivation to win is based on a return to gambling which poses a potential risk of addiction but a limited financial allocation.
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There is risk everywhere and always. Even when you just go outside. And in gambling the degree of risk is increased. But if you do not risk, you do not win. The degree of risk can be roughly estimated, but it is better not to go to the bank when you have almost no finances.
In life, all valuable knowledge does not lie on the surface. You and I know about cryptocurrencies, and we know what smart investing is. Bank deposits are a very average option. But the casino is the method that rushes to announce itself to everyone in advertisements. Therefore, we can immediately conclude, based on such an attraction of attention, that the casino is hardly a reliable and effective way to save money.
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The word is actually correct, but it will be fatal if we do not understand it very well. Now the question is how much risk can we take? If we only hold on to the word "risk" we might spend our money, because we hide behind the word brave.
But in gambling we must be able to understand every word correctly, because if not it will have bad consequences.
That really is the case. If we do not know how gambling works then we may be chasing losses or winnings that does not exist. We all know that we fighting against luck as it was very elusive and from that risk is wide and could be a trap for us to spend more because we don't know how to take risk effectively in gambling.
I believe that we all have luck, but what makes the difference is the size of the luck, and also the question is when the luck comes to us. because we can't determine the time.
In this case, will we keep trying until the luck comes? Yes, maybe it can be done, but the risk is very high because we might never achieve that luck until our money runs out. So, will we do something like that? Of course not, right?
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When gambling we have to take enough risks. If we can't take risks, we can never do anything good. However, if we don't take risks all the time while gambling, we can be in great danger. We have to take risks only when taking risks is good. Pub. At times excessive gambling addiction can be a big danger for us. If we can control ourselves and gamble then it can be good for us. We cannot change our destiny depending on the luck we get from gambling.
I do not agree that we must take enough risks. Gamblers who take on too much risk may find themselves in financial ruin. Gambling is a game of risk, which means that every gambler is already a risk taker, and taking more risks than necessary is wrong.
I prefer gamblers who take calculated risks. This implies taking a risk that has the potential to pay off. Without a doubt, gambling is unpredictable, but that does not mean that all risks are worthwhile. Some risks are not worthwhile, and a gambler should avoid taking such risks.
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I do not agree that we must take enough risks. Gamblers who take on too much risk may find themselves in financial ruin. Gambling is a game of risk, which means that every gambler is already a risk taker, and taking more risks than necessary is wrong.
I prefer gamblers who take calculated risks. This implies taking a risk that has the potential to pay off. Without a doubt, gambling is unpredictable, but that does not mean that all risks are worthwhile. Some risks are not worthwhile, and a gambler should avoid taking such risks.
Well said. Some gamblers make the mistake of gambling beyond their means and justifying it as risk-taking. This has caused frustration in the lives of such gamblers, leading to regrets in the long run. This is made worse when gamblers chase lose and claim that winning is only possible by chasing lose. These misconceptions require clarification.
When they say gambling is a game of risk, it is not a defense for recklessness, but rather information that only shows that you have to stake something to get something, and just because you staked something does not guarantee that you will get anything back. The tendency of not getting returns is what makes gambling a game of risk. Thus, as you mentioned, gamblers should only take calculated risks to avoid financial ruin.
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There is risk everywhere and always. Even when you just go outside. And in gambling the degree of risk is increased. But if you do not risk, you do not win. The degree of risk can be roughly estimated, but it is better not to go to the bank when you have almost no finances.
That's right, never be reckless to go to the bank if your funds have run out, it will only make the situation worse, if you really have no funds, stop playing even though there will be a win there, but it is better to avoid it and think that if we lose it will be safer than taking the risk of betting and losing and ending up losing,
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That's right, never be reckless to go to the bank if your funds have run out, it will only make the situation worse, if you really have no funds, stop playing even though there will be a win there, but it is better to avoid it and think that if we lose it will be safer than taking the risk of betting and losing and ending up losing,
Some gamblers even go to the extent of taking loans and borrowing from others just t continue gambling after they’ve exhausted their funds, and some go as far as selling their belongings and properties just to earn money to continue satisfying their addiction. Addiction can really make people go the extra miles just to continue gambling, I saw a post sometime ago, where a man kidnapped his grandson and requested for a ransom, which he intended to use for gambling, yes people go as far as that, and even more. That’s why no matter what a gambler does, he should try as much as he can to avoid getting addicted because gambling addiction is real and it’s destroying people everyday.
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That's right, never be reckless to go to the bank if your funds have run out, it will only make the situation worse, if you really have no funds, stop playing even though there will be a win there, but it is better to avoid it and think that if we lose it will be safer than taking the risk of betting and losing and ending up losing,
Some gamblers even go to the extent of taking loans and borrowing from others just t continue gambling after they’ve exhausted their funds, and some go as far as selling their belongings and properties just to earn money to continue satisfying their addiction. Addiction can really make people go the extra miles just to continue gambling, I saw a post sometime ago, where a man kidnapped his grandson and requested for a ransom, which he intended to use for gambling, yes people go as far as that, and even more. That’s why no matter what a gambler does, he should try as much as he can to avoid getting addicted because gambling addiction is real and it’s destroying people everyday.
Pathological gambling leads people doing things they can’t control, and are likely to harm not only themselves, but also others. Such examples represent perhaps how potent gambling can be to cause rather reckless actions.
It is good that we can now identify these risks and do something to curb the habit from surmounting. Knowledge is power and once an individual has information concerning the shortcomings associated with addiction they’ll be in a position to avoid those miseries.
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It is good that we can now identify these risks and do something to curb the habit from surmounting. Knowledge is power and once an individual has information concerning the shortcomings associated with addiction they’ll be in a position to avoid those miseries.
Knowledge is indeed power, and a wise rapper once said, that knowledge becomes power when you fail to acknowledge it. Everyday in gambling discussion communities such as this very one, at least 1 to 5 persons here talk about gambling addiction and it’s effects on the lives of the victims and the society at large, and some people would even say there’s absolutely no point in repeating the same thing over and over again every single day. And then again, people who are victims of this situation comes across these topics and discussions, and some even contribute to the discussion to complete their Campaign posts quota, but yet still end up being affected by the very same addiction that we talk about here and yet they can’t do anything to change or fight it. Lol it’s just funny when I think about it.
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Some gamblers even go to the extent of taking loans and borrowing from others just t continue gambling after they’ve exhausted their funds, and some go as far as selling their belongings and properties just to earn money to continue satisfying their addiction. Addiction can really make people go the extra miles just to continue gambling, I saw a post sometime ago, where a man kidnapped his grandson and requested for a ransom, which he intended to use for gambling, yes people go as far as that, and even more. That’s why no matter what a gambler does, he should try as much as he can to avoid getting addicted because gambling addiction is real and it’s destroying people everyday.
Some gamblers are unknowingly addicted. One feature of these gamblers is their constant overconfidence in their ability to win. This overconfidence leads some gamblers to borrow or sell property solely for the purpose of gambling, with the expectation that they will win and then repay the loan or replace the property.
The moment a gambler go to this length in the course of gambling, such a gambler is already addicted because it takes a gambler without self control to gamble with a borrowed fund. Without addiction, a gambler will only gamble when he has money and will strongly resist the temptation to sell property or take out a loan to gamble.
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Some gamblers are unknowingly addicted. One feature of these gamblers is their constant overconfidence in their ability to win. This overconfidence leads some gamblers to borrow or sell property solely for the purpose of gambling, with the expectation that they will win and then repay the loan or replace the property.
The moment a gambler go to this length in the course of gambling, such a gambler is already addicted because it takes a gambler without self control to gamble with a borrowed fund. Without addiction, a gambler will only gamble when he has money and will strongly resist the temptation to sell property or take out a loan to gamble.
This is also one of the highest lengths of gambling addiction. Responsible gamblers would know that gambling is 100% unpredictable and anything can happen at anytime, thus would resist the temptation of going as far as selling off their properties or even borrowing just to stake a game due to their overconfidence that they’ll definitely win the bet. I’ve actually seen people who go to this extent and when they eventually lose the bet, they become frustrated and confused on how to repay the loan and regret of losing the property they sold for good.
At first I used to think this is just a simple mistake anyone can make, but I realized this action is fueled by addiction when I see this happening to the gamblers repeatedly, and still they fail to realize that it’s just another deadly trap that may likely lead them directly into frustration and regret.
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There is risk everywhere and always. Even when you just go outside. And in gambling the degree of risk is increased. But if you do not risk, you do not win. The degree of risk can be roughly estimated, but it is better not to go to the bank when you have almost no finances.
Yes, if there is money, there is no alternative to taking risks. Because there is no chance of getting anything good from riskless gambling. But if you don't have the ability, there is no reason to take the risk. No platform is suitable for those who cannot take risks. Even managing investments involves risk. Moreover, there is no such thing as a substitute for risk in running any kind of business.
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Yes, if there is money, there is no alternative to taking risks. Because there is no chance of getting anything good from riskless gambling. But if you don't have the ability, there is no reason to take the risk. No platform is suitable for those who cannot take risks. Even managing investments involves risk. Moreover, there is no such thing as a substitute for risk in running any kind of business.
Gambling places a high value on risk. Gambling means taking a risk, and games require money, so you must have money before you gamble. A gambler does not need to have millions to gamble. All that is required is an amount that a gambler can afford to lose; however, using this amount does not exempt the gambler from risk-taking. The fact that a gambler is betting on a number of events that he is not certain will win is enough risk, but it must be reasonable.
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We take risks always and everywhere. The only thing that differs is the degree of risk. In a casino, of course, one of the highest degrees of risk, because not only people, but also programs are against you. Therefore, it is necessary to measure the degree of risk and limit yourself in losing.