Quote from: entertheabyss on July 24, 2025, 09:37:30 PM

We are used to say that a gambler should gamble with an amount he can afford to lose but in the actual sense do we think there is any amount a gambler can afford to lose? When a gambler places a stake what he sees is not the stake but the potential win. This is why when he does not win he panics regardless of how little the stake is and he will always mention the potential win rather than the stake as the amount lost. The gambling system especially sports betting works in a way that as a game plays the value of the stake keeps increasing and what may appear to be what the gambler can afford to lose may rise and become what he can no longer afford to lose and this becomes a source of concern for the gambler if he losses the bet. In fact, if a gambler accumulates the total of what he thinks he can afford to lose he would know that he is losing what he cannot afford to lose. I think that any penny spent on gambling is a money the gambler have decided to sacrifice with the hope of getting a bigger amount and not because he can afford to lose it.

What's your position on this thought?

This makes a lot of sense, every gamblers aim is to win even when small stakes are being placed. Everyone has an amount of money that they can afford to lose for that moment but when you compound those losses accumulatively to know how much you have lost overtime it might not be pleasant because it's going to be a significant amount of money. Although not everyone gambles to chase profit