No risk no gain

[bisdak40]

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.

[MUGNIA]

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

[summonerrk]

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.

[Ricardo11]

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.

[Agbe]

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, 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

[Gurujebs]

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.

[ajiz138]

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.

[summonerrk]

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.

[bitterguy28]

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

[Rubel007]

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.

[Agbe]

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.

[Igebotz]

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. 

[Dr.Bitcoin_Strange]

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.

[LUCKMCFLY]

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.

[Dr.Bitcoin_Strange]

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.