Quote from: Makus on July 07, 2025, 10:48:40 PM

Quote from: Julien_Olynpic on June 21, 2025, 05:25:05 AM

"Taking risks responsibly" is an interesting phrase. We cannot avoid risk, and we cannot not take risks either. But excessive and stupid risk is not needed, it only brings us closer to failure. In the end, a smart player must choose a certain balance. This is how the phrase "responsible risk" is born. It may sound funny, because when you take risks, you put yourself at the mercy of the elements, you become dependent on luck. However, by adjusting many parameters of your risk, you can make it responsible. Here we can see an analogy with "responsible gaming" and a "responsible player" who knows that he is taking a risk, he does it consciously and he manages his risk as much as possible in order to reduce the risk of adverse consequences, minimize it and increase the probability of success. Do you like the phrase "responsible risk"? What meaning do you put into this concept? Is your risk responsible? How many players, in your opinion, have responsible risk?

As we all know risk is a major part of our lives. You going out to hustle is risky, even taking the decisions to stay at home not hustling is even more risky. Even to as low as the food we eat which some may contain chemical and emit gasses at the digestion state which may be harmful. However same for gambling risk are present but the only way to not get addicted or loss too much than we ought to, is whenwe try to take appropriate risk management. It's not advisable for a gambler to gamble without a risk plan because he may end up losing too much and regret his actions, and sometimes the it might be to late recover back his loses because gambling isn't a fair game.

Your descriptions of risk is good, but the first sentence is very wrong. Most people actually do not know this, they have no idea that not doing things is risky too in so many ways. Risk is such a simple word, but the concept is very deep and complicated. With so many dimensions, most people just barely grasp the surface definitions of risky behavior such as reckless driving, getting drunk, gambling, doing drugs and so. Risk should be part of school curriculum, but it gets no mention.