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Author Topic: No risk no gain  (Read 8617 times)

Offline smartaction

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Re: No risk no gain
« Reply #180 on: October 27, 2024, 07:16:32 PM »
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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Re: No risk no gain
« Reply #180 on: October 27, 2024, 07:16:32 PM »

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Offline Unbunplease

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Re: No risk no gain
« Reply #181 on: October 27, 2024, 07:47:08 PM »
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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Re: No risk no gain
« Reply #181 on: October 27, 2024, 07:47:08 PM »

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Offline LUCKMCFLY

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Re: No risk no gain
« Reply #182 on: October 28, 2024, 12:26:24 AM »
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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Online Dr.Bitcoin_Strange

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Re: No risk no gain
« Reply #183 on: October 28, 2024, 08:46:28 AM »

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

Offline laijsica

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Re: No risk no gain
« Reply #184 on: October 28, 2024, 03:54:03 PM »
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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Offline summonerrk

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Re: No risk no gain
« Reply #185 on: October 29, 2024, 03:16:09 PM »
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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Offline $crypto$

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Re: No risk no gain
« Reply #186 on: October 30, 2024, 01:18:00 PM »
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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Re: No risk no gain
« Reply #186 on: October 30, 2024, 01:18:00 PM »


Offline Igebotz

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Re: No risk no gain
« Reply #187 on: October 30, 2024, 02:18:38 PM »
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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Offline DragonF

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Re: No risk no gain
« Reply #188 on: October 30, 2024, 02:28:42 PM »
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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Re: No risk no gain
« Reply #189 on: October 30, 2024, 03:03:57 PM »
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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Re: No risk no gain
« Reply #190 on: October 30, 2024, 05:38:17 PM »

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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Re: No risk no gain
« Reply #191 on: October 31, 2024, 12:01:46 PM »

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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Re: No risk no gain
« Reply #192 on: October 31, 2024, 03:18:43 PM »

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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Re: No risk no gain
« Reply #193 on: October 31, 2024, 06:58:45 PM »
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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Re: No risk no gain
« Reply #194 on: October 31, 2024, 08:45:57 PM »
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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