What made you place interest in the concept of risks management ?

swift

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It's so important to consider risk management , a lot of gamblers did not consider risk management from start but I think they start considering it later , probably when they found the importance of doing so , taking of risk management and others have really helped reshape how a lot would be gambling


What made you place interest in the concept of risks management ?
 
I placed interest in risk management due to my frequent losses that I have suffered in gambling. This has helped me to mitigate the threats that disabled me from winning, to be quite honest.
 
Most people always put much efforts on risk management because they know that it is only way to escape being addicted to gambling. There are some people that are not adhering to this principle and they have lost.
 
Making huge losses after using money that I couldn't afford to lose made me consider risk management. I had to actually start budgeting my money really well and never borrowing money to gamble with. I guess such losses are a life long lesson to change some behaviours.
 
In gambling, for example, risk management is all about ensuring that casinos are able to manage their finances and pay out winnings to players. But it's also relevant to many other fields, from investing to healthcare to business.
 
Making huge losses after using money that I couldn't afford to lose made me consider risk management. I had to actually start budgeting my money really well and never borrowing money to gamble with. I guess such losses are a life long lesson to change some behaviours.
It's true that sometimes it takes a major loss or other negative experience to make us take stock of our financial situation and learn from our mistakes. And it's great that you were able to take that experience and use it as a learning opportunity
 
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