Re: Not taking risks can actually be good?

Quote from: kotajikikox on June 07, 2025, 07:27:19 PM

Found this article about not taking risks and it benefitting them. The story is not as relevant but what it said at the start was interesting to me. The risk-taking culture of gambling gets a lot of attention these days far from the floors of any casino: Not only in business — where a willingness to take a risk is an ordinary part of life, at least to a point — but in many other sectors, including government.

Zero risk-taking can lead to stagnation, but too much of it can lead to catastrophe, and the trick is in navigating the difference.

It got me thinking to how this can be applied in gambling. I know that almost all kinds of gambling require some sort of sacrifice and some risk taking but the levels vary. Do you reckon it is better to not risk that much in gambling and just keep playing low risk games and win even small amounts or do you always think that taking big risks is always the way to go?

The risk mainly depends on the gambler, the more experienced the gambler is as a gambler, the more risk he is capable of taking. Maybe I am weak as a gambler but if I take big risks then of course I will have the highest chance of losing. But this is the most important thing to remember for every gambler, one should take big bets in gambling based on experience, a person I know has been playing for about 18 years and is not that experienced.
But he took big risks and bet and won the first time, later he faced people and bet more than that again and lost all his money. So the lesson to be learned from this is that it is best to bet based on experience as a gambler.