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Author Topic: Risk or regret?  (Read 1770 times)

Offline Ricardo11

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Re: Risk or regret?
« Reply #45 on: September 03, 2024, 09:29:41 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?
Actually both situations are painful for a gambler. But when you take a pair of risks and lose, the pain is immediate, and some time later the pain is vanish. but if you don't play the risk-full game, and later find out that it could have been a life-changing victory for you, then that projection will stay with you for the rest of your life, and the pain will be more and the pain will be deep. One would always think that "my life would have been better if I had played the game a little more bravely". So I think regret pain can be chronic and painful for a gambler.
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Re: Risk or regret?
« Reply #45 on: September 03, 2024, 09:29:41 AM »

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Re: Risk or regret?
« Reply #46 on: September 03, 2024, 11:00:47 AM »
Gambling, that should be another word for taking risk by putting something at stake, Because I don't really understand why someone will call him/herself a gambler, and be too scared to take the risk. It definitely require you to make guesses based on certain criteria that you might think can give you the win.

But I personally think that it is best to have the pain for taking the risk, than to have the regret for not taking the risk. Gambling is never a win-win situation, we lose some and win some, because our trials/predictions are not always right.

Everybody that gambles are in competition for a particular thing/price. It will certainly go one way, because we can't have everyone as winners, or everyone as losers. But, it is ideal for us to stake what we can afford to lose. Reason why some people tend to stake and risk massive amount is because they understand how massive the reward can also be, compared to when a lesser amount is staked. But regardless, I still think it's ideal to stake what we can all afford to lose, which I think will put us in the middle of risk and regret.
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Re: Risk or regret?
« Reply #46 on: September 03, 2024, 11:00:47 AM »

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Re: Risk or regret?
« Reply #47 on: September 03, 2024, 11:35:52 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?
Actually both situations are painful for a gambler. But when you take a pair of risks and lose, the pain is immediate, and some time later the pain is vanish. but if you don't play the risk-full game, and later find out that it could have been a life-changing victory for you, then that projection will stay with you for the rest of your life, and the pain will be more and the pain will be deep. One would always think that "my life would have been better if I had played the game a little more bravely". So I think regret pain can be chronic and painful for a gambler.
Regret that made out by missing out some bets and turns out to be a win then it would really be giving out that kind of different approach on which it would really be causing up that kind of regret
which couldnt really be so easily be forgotten. Just like on what you you have said that when you do lose then the pain is immediate but later on it would really be forgotten which is really indeed a true story or something that do talks about real experience. On the moment that you do find yourself having those kind of scenarios then you do already know on what you should gonna do.

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Re: Risk or regret?
« Reply #48 on: September 03, 2024, 01:59:08 PM »
taking the risk of betting and losing is what makes you really regret it. If you are not sure, it is better not to place a bet, especially if we lose a large amount,
That's me but I'm sure other people take more risks than don't bet
Gambling is not applicable for someone who cannot take risk. Gambling requires you to take huge risks and assume that you are going to lose, luckily if you win it will entice you more and the algorithm in gambling is set up that way. At first you will be lured and addicted to what you should realize and keep a clear allocation in the use of your money. You need to be mindful of your time allocation while gambling and avoid over-allocating.
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Re: Risk or regret?
« Reply #49 on: September 03, 2024, 09:38:19 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?

I would choose risk over regret but in this case I would chose the regret cause that makes sense since I got nothing to loose other than the pain here which can go away with booze or something else. :D

I am trying to be rationale, we can't know the future and we can't change anything that happened so live at the present and when you want to bet then just bet and irrespective of what outcome we get we can't worry too much about it.
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Re: Risk or regret?
« Reply #50 on: September 04, 2024, 02:09:01 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?

I would choose risk over regret but in this case I would chose the regret cause that makes sense since I got nothing to loose other than the pain here which can go away with booze or something else. :D

I am trying to be rationale, we can't know the future and we can't change anything that happened so live at the present and when you want to bet then just bet and irrespective of what outcome we get we can't worry too much about it.

You shouldn't choose risk, I know that for sure. Risk is not nobility, it's just a game against yourself. You should always act only wisely and based on calculation. And you shouldn't regret, you should be able to cope with it, because in trading there is a concept called FOMO and it is known that this is an unnecessary feeling.
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Re: Risk or regret?
« Reply #51 on: September 04, 2024, 05:15:59 PM »
This is the real choice, but don't ever do it because you think it's a way to win quickly, because in my opinion victory only exists when we are lucky.
Yes, it is a fact, only that sometimes I apply that strategy, but the truth is that it is very difficult to get it right, sometimes when I go from the second bet to the third I lose, but the important thing is that I leave it there, I do not play anymore, of course this is a strategy that is not risky, but only if it is done the way I Apply it , I am sure that many do it and when they lose they put more capital back in and that is the biggest mistake, because there is no control there.
Well, self-control like that should be something we should understand from the start, because in any case if there is no control or limitation in doing anything then that is what will cause bad things to happen to us.

Now there are 2 choices, whether we want to control ourselves or not at all. And I think I need to say which is better of the two choices, because in fact at a glance we should already know.

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Re: Risk or regret?
« Reply #51 on: September 04, 2024, 05:15:59 PM »


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Re: Risk or regret?
« Reply #52 on: September 04, 2024, 08:22:54 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.

As a gambler taking risks is part of what we do everyday, you are supposed to get used to the pain of losing even though it hurts, this is your opinion on this which is well understood but not taking a big opportunity when you had the chance can't be compared to the pain of taking a risk. It's called a risk because anything can happen, it's a 50/50 thing. But imagine if you miss a bet that was supposed to pay you millions, how would that make you feel?
I can't imagine losing millions of dollars because of betting, losing just $500 for me there would be tremendous pain as regret.

Yes we know this is part of the risk that we have to take every day because we often gamble so the risk must be swallowed by ourselves, whatever happens I consider gambling part of luck no more than that.

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Re: Risk or regret?
« Reply #53 on: September 28, 2024, 09:52:48 PM »
Quote from: Rruchi man link=pic=323387.msg1602072#msg1602072 date=1723144339
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?

Gamblers are already risk takers and before you involve yourself in an unforseen circumstance like gambing, you would have known that you are taking risk, so I believe that risk in terms of gambling doesn't really shake gamblers because it its there daily activity as for regret, many gamblers regret their actions all the time but there is nothing the can do about it since it has become a normal thing for them, as for the regret, it is the most painful for a gambler, is just that there is nothing they can do about it, every human has emotion and once you remember what you would have use the loss fund being used to take risk in gambling, you will feel bad, it is normal.

Gamblers regret on but things you mentioned, when a gambler fail to play a game that later won the regret it  likewise when they lose money in a more risky game.
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Re: Risk or regret?
« Reply #54 on: September 28, 2024, 10:00:38 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?

Gambling => Luck. 
Luck => for those who are willing to take risks.


Just keep it simple. It's better to take a big risk with a little money to try your luck. Even though losing will definitely not be too painful, it's better than regretting not having done anything.
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