Looking at your topic of discussion I am tempted to ask, what is the difference between miscalculated risk and uncalculated risk ?
There's no difference between miscalculated risk and uncalculated risk because both are considered as risk and could be cause of huge losses.
Some people calculate their risks and when they aren't able to calculate the risks properly then they say miscalculated risk while others avoid calculating their risks and continue taking more and more risks.
We all know that gambling is a risky thing and those who take huge risks with high odds often end up losing the amount they betted.
Highly agree into these words on which these are really that on point.Whether which way you would really be tending to go, as long you are dealing up with gambling then you are really just that basically dealing up with risk.
The only thing that you should really be needing to look upon is on how you would really be able to assess yourself that realistically on dealing up with gambling. Spend only on the amount that you can afford to lose
and you wont really be tending to check nor really that tend to see about on how much you have lost since you had already fixated yourself or having those anticipations that you would really be losing it all.
Risks on what you can afford to lose and you wont really be that minding yourself about these matters.
On the moment that you would be making bad decisions then we do know on where it would really be ending up and this is something that you
should really be avoiding at all cost.