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?

It depends on how much you have to risk. Some people have a lot of money when they want to gamble, such person may not be too scared to risk alot just so he makes quicker profits and exist, if he chooses to. For someone having very little funds and wish to ask well make some profits from his gambling activities, he should be smart enough to reduce his risk and gamble responsibly. The idea is to stay long enough to that exact game that would make you a good win. If you are able to manage your risk well, you may end your gambling session in profits.