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Author Topic: Risk or regret?  (Read 1767 times)

Offline Rruchi man

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Risk or regret?
« on: August 08, 2024, 09:12:19 PM »
Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?
« Last Edit: August 08, 2024, 10:18:12 PM by Rruchi man »
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Risk or regret?
« on: August 08, 2024, 09:12:19 PM »

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Online Charles-Tim

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Re: Risk or regret?
« Reply #1 on: August 08, 2024, 09:22:09 PM »
If I wish to bet on a match and I did not but I should have won the bet if I bet on it, I do not regret that I did not bet on the match. I prefer not to lose and not bet than to bet and lose. But it is still a small amount of money, there is no regret even if I lose the money. What that could have let me not bet on the match that I wish to go for is because I forgot to bet on it.

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Re: Risk or regret?
« Reply #1 on: August 08, 2024, 09:22:09 PM »

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Offline Aanuoluwatofunmi

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Re: Risk or regret?
« Reply #2 on: August 08, 2024, 09:23:29 PM »
Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option?

If we cant take the risk, then we may not earn the winning prize, we shouldn't feel bad when we know that we cant afford taking the risk on discovering that the game comes as planned, also, if we cant lose the money, then we shouldn't afford to place the bet all because we want to win and to later discover we missed it, the more it is being emphasized that the money we cant afford to lose shouldn't be used for gambling.

Offline famososMuertos

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Re: Risk or regret?
« Reply #3 on: August 08, 2024, 09:28:16 PM »
Re: France vs Germany
Well, one shouldn't dwell on such irrelevant details, I mean, what was done was, done, next bet.

And it happened, it just happened to me, I had an instinctive urge to bet on France (Olympic basketball semi-finals) but I went for Germany because everything indicated that from a statistical point of view it should be the winner.

But it only lasted a couple of minutes, I remember it now but as an experience, without going into classifications of pain or discomfort.

I think, but I also say it from the documentation I have read on the subject, whether it is any of the situations you mention, they should only last a couple of minutes in those sensations and then just continue.

The bettor cannot stay in that loop of regret or pain, you simply let it go.

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Re: Risk or regret?
« Reply #4 on: August 08, 2024, 09:51:35 PM »
Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option?

If we cant take the risk, then we may not earn the winning prize, we shouldn't feel bad when we know that we cant afford taking the risk on discovering that the game comes as planned, also, if we cant lose the money, then we shouldn't afford to place the bet all because we want to win and to later discover we missed it, the more it is being emphasized that the money we cant afford to lose shouldn't be used for gambling.
You're absolutely right.
Gambling shouldn't come with any kind of regrets, no matter the actions or the outcome of the actions made while gambling, because every gambling decisions should be calculated and well thought through before even taking the decisions, regrets can only set in when the decision made was uncalculated, not thought through, and impulsive, and then the outcome turned out to be not as expected, then regrets can come in. Hence the reason why gamblers are advised to always consider their risk tolerance and management level before taking any sort of risk before if a gambler ends up taking a risk which he can't be able to manage when things goes sideways, or end up using money meant for something else to gamble, he will then prioritize winning over having fun and we know too well that decisions made as a result of wins and loss chasing will mostly end in regret and losses.

Offline salad daging

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Re: Risk or regret?
« Reply #5 on: August 08, 2024, 10:19:56 PM »
It's the same, risk and regret can hurt you.

But for me (the pain of taking the risk of betting and finally losing) especially in large amounts, of course there are regrets even though I know that in gambling I must be prepared to bear the risks.

But for the regret of not taking the bet and the bet wins then we will consider us unlucky to take the bet, next time we can get it.

Offline Sim_card

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Re: Risk or regret?
« Reply #6 on: August 08, 2024, 11:31:45 PM »
I don't like losing so I would prefer not to take the risk and regret my losses after the match. If I was supposed to bet on a game that I already have the prediction but didn't and it ended upto be as predicted, there is nothing much to regret because you did not lose anything from your pocket.

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Re: Risk or regret?
« Reply #6 on: August 08, 2024, 11:31:45 PM »


Offline SmartGold01

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Re: Risk or regret?
« Reply #7 on: August 09, 2024, 02:26:23 AM »
They are both equal why because when you lose bet you would still regret of betting it again if you don't bet and it wins you would still regret of not betting. Remember a bet that could worth a life changing opportunity could be huge if not going by selecting higher odds because most times if the odds are higher and you stake huge amount of win then we can say it could results to life changing and again if you lose then you lose heavily. So to sum it up, if you can't control yourself on games to gamble and when to gamble you would end up filled with regret at last for not following your mindset or instincts.

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Re: Risk or regret?
« Reply #8 on: August 09, 2024, 07:06:45 AM »
For me it's obvious, the pain that you feel when you lose your bet. I mean there's nothing more than disappointing seeing your bet losing. And that will surely haunt you for the rest of your gambling days as maybe your bet has a good chance to win let's say in a sports betting. Then suddenly in just matter of seconds, your chances to win went from 90 to 0.

As compare to bets that you should have taken, at least you still have that money in your pocket.

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Re: Risk or regret?
« Reply #9 on: August 09, 2024, 07:14:41 AM »
Personally I’d hop on regrets rather than to risk.

There are several occasions that I have missed betting on games that would have earned me a nice amount of money and my prediction for those games were correct but I didn’t bet on them, I did regret it but the regret didn’t even last for a week because I knew the money was never mine in the first place so why bother regretting and straining my brain for something that was never in my reach.

But you see risk? If I should risk an amount that I know that I can’t afford to lose - I’ll keep thinking about it and what I should have used it for if I didn’t go and waste it on a bet and each time the thought cross my mind I’ll keep regretting ever making deposit with that money.

So for me, missing a few bet and regretting it later is the most appropriate for me.
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Re: Risk or regret?
« Reply #10 on: August 09, 2024, 09:25:30 AM »
Considering risk and regret, which do you think will be the most painful for a gambler?

- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?

In my opinion, regret is more painful. It is said that opportunity comes only once, so when a gambler misses out on the chance to become wealthy, it is extremely painful, especially when the gambler had the money to stake but chose not to stake due to fear. Gamblers should not regret taking risks because they are risk takers. This is because gambling involves risk.

Taking risk can only bring regret when a gambler gambles an amount that he cannot afford to lose. Except for this, a gambler does not regret placing a bet. To win means to bet, and betting means taking a risk.
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Offline bitterguy28

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Re: Risk or regret?
« Reply #11 on: August 09, 2024, 09:54:33 AM »
- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?
definitely the regret of not making that bet especially when you initially wanted to it is very easy to fall for the what ifs when you are so close to making that leap compared to when you already made the jump there's really nothing else to reflect you jumped you fell you failed end of story but when there are prospects of what could have been or what could have happened if you did this and that it would be harder to stop yourself from imagining of an alternative life

always better to face the risks head on and fail rather than live on what ifs

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Re: Risk or regret?
« Reply #12 on: August 09, 2024, 10:10:10 AM »
Regret is harmless, it is a feeling that you did not do something, but your brain quickly finds excuses. As for taking risks, especially those that may lead to losing money that you badly need, it may be very costly and may make you afraid to take any risks in the future.
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Re: Risk or regret?
« Reply #13 on: August 09, 2024, 05:10:07 PM »
~
- the pain from taking a risk that they take on a bet and they lose, or the pain from regret of not taking a bet that ends up as the winning option, a life-changing amount?
I can't pick one of them because both of them felt painful for me.
I've experienced both of them when I'm still gambling. That feeling of regret when you know that you can win, but you hesitated hence, you skipped betting on that event, and on the other hand, the feeling of betting on a team that you know has little to no chance of winning.

I've experienced both of them, and they felt very painful. What's good for me though is that, that feeling doesn't last much because after a few minutes, I'm ok with it again because at the end of the day, it's my fault for making stupid decisions like that. :D

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Re: Risk or regret?
« Reply #14 on: August 09, 2024, 06:10:52 PM »
Regret is harmless, it is a feeling that you did not do something, but your brain quickly finds excuses. As for taking risks, especially those that may lead to losing money that you badly need, it may be very costly and may make you afraid to take any risks in the future.
Our minds is really that indeed that powerful but also int would really be that also mixing up with your emotions on which not all would really be that good on handling themselves into such condition. There are really things in life on which you would really be needing up for you to take risks for you to be able to potentially be ble to obtain something specially
when you do play gambling on which this is just a normal essence. There are people who could really be able to bare up such risks and there are ones who doesnt really like
gambling and thats why they wont really be that touching up gambling no matter what.

 

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