Low-Risk Gambling: Taking Small Chances
Gambling is defined as taking a risk in the hope of gaining an advantage. But some people tend to ignore the fact that gambling is a risk. All they see is the potential advantage, and so they would habitually and recklessly engage in gambling, neither minding nor caring of the huge sums of money that they are throwing away in the process.
The risks that come with gambling go beyond losing money. There is also the risk that one may become addicted to it. But this should not scare one into swearing off gambling. It is possible for one to gamble responsibly by adopting the appropriate frame of mind. Taking into consideration the high level of risk involved in gambling, the best way to get by is by looking at it as a losing enterprise from the start. This may seem like a defeatist point of view, certainly realist, but one can enjoy success much more by not expecting it much of it at all. This is the Low-risk approach to gambling.
By implementing a low-risk state of mind, one recognizes the fact more players will lose as the game wears on, and the only real winner is actually the casino management. A low-risk gambler should always consider that the money they have put at stake is as good as gone. If they assume otherwise, they would just be motivated into playing and betting more until they win all their money back, only to end up losing all the money they have with them as a result.
To a low-risk gambler, nothing is for free and everything has a price. In order to soften the blow of losing money, one should just think of the money that has been lost as sort of an admission price that they have to pay so that they can be allowed to participate in the game that they are playing. There would be no pressure to recoup losses by looking at them as necessary expenses.
Another way to alleviate some of the pressure that comes with gambling is through playing with people that one is comfortable being around with, such as family, friends, or just completely trustworthy professional gamblers. It is much healthier to approach gambling as a fun, recreational activity to be enjoyed among friends rather than a high stakes competition where winning and losing is tantamount to life and death. Remember, gambling is still supposed to be a game, and one is still supposed to be playing.
In order to lower the risks that one takes in gambling, one would also have to lower their own expectations. Low-risk gambling may seem like underachieving, but being smart and cautious can result in good dividends. And sometimes, winning can be so much sweeter when it catches one by surprise.
