5 Things to do After a Huge Loss in Gambling. - page 16.

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Quote from: hyudien on November 25, 2024, 06:34:17 AM

Everyone has a different personality, some are open with the gambling they do and some are closed and no one knows about their gambling activities. This will return to each of us. However, in my opinion it is more dangerous when someone is closed, because when they experience problems with addiction, they will feel it themselves and no one can give them advice. The role of other people is also important in my opinion, because when someone gambles excessively, there will be a kind of brake from other people who warn them. Yes, even though it will return to each of them, at least they can realize it faster because they get advice from other people.

There's a reason for someone to stay private, it's because social expectancy.

You know, many companies not want to recruit gambler, parents not want their kids to be a gambler, not to mention friends and partner don't like gambler. That's why they need to hide it in order not to be ostracized.

But, they should able to seek a professional if they feel not alright.

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Quote from: GigaBit on November 25, 2024, 06:12:32 AM

Everyone has a trusted person with whom they can share various things that happen in their life. In this case, if someone cannot share their emotions or emotional matters, then he will not feel comfortable humanly. Gamblers should definitely choose someone with whom they can share their innermost thoughts and lighten their mind. However, if someone is not trustworthy, then there may be a different reaction. Many gamblers share some things with someone, which later become viral among the general public. As a result, the existence of the gambler will be more critical. Choose a good and reliable person as much as possible to share your confidential matters.

Everyone has a different personality, some are open with the gambling they do and some are closed and no one knows about their gambling activities. This will return to each of us. However, in my opinion it is more dangerous when someone is closed, because when they experience problems with addiction, they will feel it themselves and no one can give them advice. The role of other people is also important in my opinion, because when someone gambles excessively, there will be a kind of brake from other people who warn them. Yes, even though it will return to each of them, at least they can realize it faster because they get advice from other people.

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Quote from: Dr.Bitcoin_Strange on November 25, 2024, 06:01:44 AM

I know that in the past, I have treated gambling as though there's something reasonable I could make out of it but I only did made just small profit that also did help but only in a little way. As of now, I don't really regard gambling as any thing close to being a source of income, others could see it as an income source but it's delusional to think that you can archive a certain level of riches from gambling.

Sometimes gambling can be a great help to secure the future, because at some level I have used gambling money to support some great deals in my life before, because at that point when I made that winning it came in at the point that I need finances to fund my project and I automatically channeled the winning to that project.
But in general I also know a lot of people who have made more loses in gambling than their entire winning and for sure this all depends on the individuals involve and the luck that comes their way via gambling at some point, so majority of time we have to speak based on our individual unique experiences.

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Quote from: Orpichukwu on November 24, 2024, 01:30:02 PM

Quote from: Oluwa-btc on November 23, 2024, 11:11:11 AM

Quote from: memehunter on November 21, 2024, 07:51:50 AM

2. Tell someone: You have to have at least one person in your life (the more the better) to whom you can share your feelings and let them know about your situation. It will help a lot because if you continue to live in isolation with that feeling, trust me, you will not be capable of taking care of yourself.

Let me emphasise more on this because the aspect of telling someone is very crucial in regarding gambling matters, because they can either break you or make you.first thing to do after having such huge loss it to entirely take a long break then after which limit your gambling habits, so having someone in your life don't really matter except it's someone that advises you to avoid such gambling activities.

Telling that someone is not just some random person you meet in the street; it should be someone whom you have already known for a long and their capacity of handling such kind of information if it's the type that will give you good advice or if it's those that will blame and make you feel bad about yourself.

No doubt some people are really not worth telling about our gambling story. Some people can't take that break on their own unless they have someone on their side to always be pushing them and reminding them of the importance of taking that break from the game, which is why I also consider the telling someone a tip from the OP useful.

Everyone has a trusted person with whom they can share various things that happen in their life. In this case, if someone cannot share their emotions or emotional matters, then he will not feel comfortable humanly. Gamblers should definitely choose someone with whom they can share their innermost thoughts and lighten their mind. However, if someone is not trustworthy, then there may be a different reaction. Many gamblers share some things with someone, which later become viral among the general public. As a result, the existence of the gambler will be more critical. Choose a good and reliable person as much as possible to share your confidential matters.

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Quote from: WatChe on November 24, 2024, 11:48:05 AM

Quote from: Dr.Bitcoin_Strange on November 23, 2024, 10:13:23 AM

I can feel your pain, dear but that why it's usually said that, "while gambling, only spend the amount you can afford to lose." In gambling, there's no certain strategy that works 100% every time but if you are a sport gambler, some time you could be more lucky if you use a good strategy to make your prediction but be aware not nothing is always certain in gambling.

Spending at least 3-5% of your salary will not cause you more harm that 20% and above will cause you.

Gambling is a serious business where house is usually the winner. So it must be handled with great care. Many have entered gambling sector after hearing few success stories and ignoring the massive stories of losses. It's important to have an eye on your losses since that's the only way to stop yourself from losing all your money. It's a famous saying that, "in gambling the real winner is the one who knows when to stop".

I know that in the past, I have treated gambling as though there's something reasonable I could make out of it but I only did made just small profit that also did help but only in a little way. As of now, I don't really regard gambling as any thing close to being a source of income, others could see it as an income source but it's delusional to think that you can archive a certain level of riches from gambling.

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Quote from: batang_bitcoin on November 24, 2024, 10:28:44 PM

Quote from: memehunter on November 21, 2024, 07:51:50 AM

2. Tell someone: You have to have at least one person in your life (the more the better) to whom you can share your feelings and let them know about your situation. It will help a lot because if you continue to live in isolation with that feeling, trust me, you will not be capable of taking care of yourself. There is no shame in taking help in these matters; instead, it is a sign of great courage to honestly tell someone how you are feeling.

I wouldn't tell someone after I got into a huge loss. I don't trust people nowadays with their mouths. They're too loud and they are proud of the misfortune of others. Or this is my observation with the people that surrounds me and that's why even my relatives, I won't tell them that I got into huge loss because it's either they'll get mad to me, they'll mock me or make fun of me because instead of gambling, I should just did something better with that and they will not understand my feelings about it.

You don’t have friends or partner which you tell sensitive info like this? Because why would you tell to someone your problem if you don’t trust them. Obviously, normal people will surely gossip about this that’s why you should choose someone you trust.

It’s the easiest way to release stress if you share it to someone that will hear you out compared if you will just endure the pain alone.

This is the reason why many problem gambler commit suicide because they can’t handle the stress alone.

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I actually love your last advice. Indeed, "you as a living, conscious human being have survived against odds much higher than any lottery". I mean, our chance of being born is about one in 400 trillion. And then, if you take all the dangers into account, our chances of making it to 20 are pretty slim. So, being past 20 we should feel happy as much as we would be after winning a lottery.

On a serious note, seeking professional help will never hurt.

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Quote from: Julien_Olynpic on November 24, 2024, 09:57:43 PM

First of all, I would stop playing after a big loss and take some time to think about the reasons for your failure. Most losses of this kind come from poor risk management and money management. Simply put, you are betting too much in relation to your bankroll, while the probability of winning is not as high as the size of your bet. Experienced players understand this, but it is difficult for beginners to understand. You will need time to come to terms with the loss. But the most important thing to do after a big loss is to change your risk management and money management rules.

Or just accept fact of loosing all at the deposit stage. That will make things more easy. A person must change his attitude about making a deposit into gambling. A gambler must subconsciously understand that his money does not belong to him, as soon as he sees them on a balance after making a deposit. Not "I have made a $ deposit, and I have $ money", but "I have made a $ deposit, and I have assets to play with". Then it will be easy to cope with emotions after a huge loss, as that money did not belong to him long time ago. Instead of following those "5 things to do..." tips. It might be, that if a person follow those tips, he will think about that loss for a longer period, will stay disappointed longer, will have a possible though to play back.

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Quote from: danherbias07 on November 25, 2024, 02:44:43 AM

I do this most of the time. If I believe I have already accumulated a large sum of loss then I would stop for like 2 to 3 days because it doesn't make me feel well. Too stressed to gamble and all games seem like a boring game to me. There's no fun in losing which is why it will be more difficult to enjoy the games even though they are good slot games.
The rest that we will take will probably help us think about those risk management that you are saying. If we keep on betting, our mind is just clouded by revenge and chasing of losses which causes a gambler to keep on depositing until he achieves his goal which I think is wrong. Having that break will help a lot. I guess I have been in that situation many times to say it will.

A losing streak can happen at any time, but I have noticed that this problem can be solved if you follow risk management. If you bet big enough relative to your bankroll up to 10% or more, then a losing streak will lead to losing almost all the money, it is difficult and can affect us, and it will most often lead to losing money. But if you are able to not exceed 1% for the bet, then even a losing streak will not be a problem for you, will not affect your mood and you will be able to save your bankroll for a much longer time.

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Quote from: Julien_Olynpic on November 24, 2024, 09:57:43 PM

First of all, I would stop playing after a big loss and take some time to think about the reasons for your failure. Most losses of this kind come from poor risk management and money management. Simply put, you are betting too much in relation to your bankroll, while the probability of winning is not as high as the size of your bet. Experienced players understand this, but it is difficult for beginners to understand. You will need time to come to terms with the loss. But the most important thing to do after a big loss is to change your risk management and money management rules.

I do this most of the time. If I believe I have already accumulated a large sum of loss then I would stop for like 2 to 3 days because it doesn't make me feel well. Too stressed to gamble and all games seem like a boring game to me. There's no fun in losing which is why it will be more difficult to enjoy the games even though they are good slot games.
The rest that we will take will probably help us think about those risk management that you are saying. If we keep on betting, our mind is just clouded by revenge and chasing of losses which causes a gambler to keep on depositing until he achieves his goal which I think is wrong. Having that break will help a lot. I guess I have been in that situation many times to say it will.

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Quote from: batang_bitcoin on November 24, 2024, 10:28:44 PM

Quote from: memehunter on November 21, 2024, 07:51:50 AM

2. Tell someone: You have to have at least one person in your life (the more the better) to whom you can share your feelings and let them know about your situation. It will help a lot because if you continue to live in isolation with that feeling, trust me, you will not be capable of taking care of yourself. There is no shame in taking help in these matters; instead, it is a sign of great courage to honestly tell someone how you are feeling.

I wouldn't tell someone after I got into a huge loss. I don't trust people nowadays with their mouths. They're too loud and they are proud of the misfortune of others. Or this is my observation with the people that surrounds me and that's why even my relatives, I won't tell them that I got into huge loss because it's either they'll get mad to me, they'll mock me or make fun of me because instead of gambling, I should just did something better with that and they will not understand my feelings about it.

Even with your closest friend will really be spreading out that kind of situation on which you are currently that suffering into on which this is really something shameful in our part. We do know that when it comes to gambling and peoples view towards it then we do know that they will really be having that kind of negative approach towards it and on the moment that they do know that you are engaging into it then it do turns out that they will really be also having that bad view towards you. It will really be better that you should really be that keeping your mouth shut whatever the thing do happen on the moment that you do play gambling. Its not really that a bad thing to keep things secret at least because there are really those instances or situations on which arent that worth to be shared on.

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Quote from: memehunter on November 21, 2024, 07:51:50 AM

2. Tell someone: You have to have at least one person in your life (the more the better) to whom you can share your feelings and let them know about your situation. It will help a lot because if you continue to live in isolation with that feeling, trust me, you will not be capable of taking care of yourself. There is no shame in taking help in these matters; instead, it is a sign of great courage to honestly tell someone how you are feeling.

I wouldn't tell someone after I got into a huge loss. I don't trust people nowadays with their mouths. They're too loud and they are proud of the misfortune of others. Or this is my observation with the people that surrounds me and that's why even my relatives, I won't tell them that I got into huge loss because it's either they'll get mad to me, they'll mock me or make fun of me because instead of gambling, I should just did something better with that and they will not understand my feelings about it.

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First of all, I would stop playing after a big loss and take some time to think about the reasons for your failure. Most losses of this kind come from poor risk management and money management. Simply put, you are betting too much in relation to your bankroll, while the probability of winning is not as high as the size of your bet. Experienced players understand this, but it is difficult for beginners to understand. You will need time to come to terms with the loss. But the most important thing to do after a big loss is to change your risk management and money management rules.

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Quote from: Oasisman on November 24, 2024, 04:58:20 PM

Quote from: memehunter on November 21, 2024, 07:51:50 AM

2. Tell someone: You have to have at least one person in your life (the more the better) to whom you can share your feelings and let them know about your situation. It will help a lot because if you continue to live in isolation with that feeling, trust me, you will not be capable of taking care of yourself. There is no shame in taking help in these matters; instead, it is a sign of great courage to honestly tell someone how you are feeling.

Nope, not everyone could also take any negative reactions and comments from the people you have told about your situation. It's inevitable that someone might say things like, "it's so irresponsible of you for letting that happen" or " you have to learn it from the hard way". Nevertheless, there's nothing much you can do. This is a self-inflected problem, telling other people may not make any difference or may even do worse than good. If you wanna tell this to someone, make it sure it's your wife or your family, and no, it's not "the more the better", it's the other way around actually.

Being open to the problems that are being faced will relieved after us telling other people about the burden, but as you say, people perspectives on gambling are of course very different so the possibility of us getting a negative reaction can also happen, even if you saying that it to your family or wife, you may also get a little anger and annoyance from them for what you have experienced and done, Maybe in this case, telling the family is relatively more comfortable remembering that they will actually care more about us with possible solutions exist, compared from other people who are just be good listener but often there are nothing effective solutions.

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Quote from: Kasabus on November 24, 2024, 04:56:32 PM

Quote from: Kemarit on November 21, 2024, 08:04:46 AM

It's better to just step away from the game itself for a few days and see how it goes. I know that feeling though, last week I lost some big money, for two straight days, and whenever I played after that, I still take a big L.

So I said to myself, that I need to slow down for now, as I'm having a unlucky week. That's why I do for now, although I'm tempted to play because online games are accessible, I try as hard as I can to not to as the damage is going to be too emotional for me. The money yeah, you can recover if, but the psychological tear is killing me.

If you are in the losing streak, definitely it won’t stop if you chose to continue gambling. Give it some time, like a week or two, before you decide to gamble again. Believe me, that works for me and to others as well. Now, since you have been losing a lot, it’s time for you to start minimizing your bets and set some limits on your betting amount. Discipline yourself so that even if you lose again, your emotional and mental health will never be at high risk again.

Duration on how long you would really be that trying out to stop on playing gambling will really that vary on a certain individual on which we know that when it comes into this aspect then this is something that will really be basing up into someones preference and interest towards gambling. There are people that do still continue to play gambling despite of the conditions that they are in because they've been really that wanting on recovering those loses despite of stopping or having a break. When losing up too much then the best thing to do is to stop, never chase up those loses
because this will really be that resulting into that even more loses and this is the time that you would really be having those regrets basing up on what you have done.

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Quote from: memehunter on November 21, 2024, 07:51:50 AM

2. Tell someone: You have to have at least one person in your life (the more the better) to whom you can share your feelings and let them know about your situation. It will help a lot because if you continue to live in isolation with that feeling, trust me, you will not be capable of taking care of yourself. There is no shame in taking help in these matters; instead, it is a sign of great courage to honestly tell someone how you are feeling.

Nope, not everyone could also take any negative reactions and comments from the people you have told about your situation. It's inevitable that someone might say things like, "it's so irresponsible of you for letting that happen" or " you have to learn it from the hard way". Nevertheless, there's nothing much you can do. This is a self-inflected problem, telling other people may not make any difference or may even do worse than good. If you wanna tell this to someone, make it sure it's your wife or your family, and no, it's not "the more the better", it's the other way around actually.

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Quote from: Kemarit on November 21, 2024, 08:04:46 AM

It's better to just step away from the game itself for a few days and see how it goes. I know that feeling though, last week I lost some big money, for two straight days, and whenever I played after that, I still take a big L.

So I said to myself, that I need to slow down for now, as I'm having a unlucky week. That's why I do for now, although I'm tempted to play because online games are accessible, I try as hard as I can to not to as the damage is going to be too emotional for me. The money yeah, you can recover if, but the psychological tear is killing me.

If you are in the losing streak, definitely it won’t stop if you chose to continue gambling. Give it some time, like a week or two, before you decide to gamble again. Believe me, that works for me and to others as well. Now, since you have been losing a lot, it’s time for you to start minimizing your bets and set some limits on your betting amount. Discipline yourself so that even if you lose again, your emotional and mental health will never be at high risk again.

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Quote from: Distinctin on November 24, 2024, 04:37:02 PM

Quote from: coolcoinz on November 24, 2024, 04:05:59 PM

First of all, realize that your life is not over. Many times I see people going through a mental breakdown because of financial loss and they seem to think they could as well die because they will never recover. That's false! Even when you're down more than you make in 10 years, your life is much longer than that and a lot can happen in a year. You can win a lottery, meet the love of your life, get a better job...
Sleep on it, get drunk if you have to, just give it some time and after a week or two you'll come to a conclusion that this loss was nothing. It taught you a valuable lesson.

Yes, a huge loss should never put an end to your exciting life. Just take a break and find some other cool activities that will let you forget your loss. Or just accept that gambling will always let us experience huge losses, or even big wins. That’s the nature of gambling. Eventually, after assessment your gambling experience, you will then decide if you still want to continue gambling or put an end to your gambling life.

What if it had become that a huge loss? you wont really be that stopping? Dont wait on the time comes that you will really be able to encounter or coming into a point that you are already selling out your possessions just for you to gamble. Usually people or gambler do really end up their lives miserable in terms of finances on the moment that they had lost control over into the things that they've been dealing into specially on gambling. When you are already on such situation on where you had that lost too much then if possible then you should quit and stop completely. Never ever make yourself trying out to chase up those loses
if you dont really like or want to have that even more loses. People do usually having those regrets on the time or moment that you will really be that seeing yourself having no money anymore for you to play on
or simply lost up everything.

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Quote from: Etranger on November 24, 2024, 04:09:03 PM

Quote from: memehunter on November 21, 2024, 07:51:50 AM

2. Tell someone: You have to have at least one person in your life (the more the better) to whom you can share your feelings and let them know about your situation. It will help a lot because if you continue to live in isolation with that feeling, trust me, you will not be capable of taking care of yourself. There is no shame in taking help in these matters; instead, it is a sign of great courage to honestly tell someone how you are feeling.

I think this is a very difficult thing to make. People usually don't want to talk about losses and failures, especially of this kind, because they themselves provoked them. Losing in gambling is not the same as, for example, losing a job. There is no external culprit who is easy to blame and at whom you can direct your anger and resentment. Therefore, people feel ashamed and do not want to talk about such things with others.

I understand what you mean buddy, I have also felt in the situation you mean where my gambling circle of friends often do something like insulting some other gambling friends who experience defeat, it seems to have become a kind of tradition and may also apply in most gambling circles when one or some of them experience defeat, and with that so I quite agree with you that it is quite difficult to say like "I lost big today", for them it is very embarrassing and therefore they prefer not to tell anyone especially their gambling circle, but I think it should still be possible to tell one of your closest friends in your gambling circle if you do have a true friend like that, I do that too.

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Quote from: coolcoinz on November 24, 2024, 04:05:59 PM

First of all, realize that your life is not over. Many times I see people going through a mental breakdown because of financial loss and they seem to think they could as well die because they will never recover. That's false! Even when you're down more than you make in 10 years, your life is much longer than that and a lot can happen in a year. You can win a lottery, meet the love of your life, get a better job...
Sleep on it, get drunk if you have to, just give it some time and after a week or two you'll come to a conclusion that this loss was nothing. It taught you a valuable lesson.

Yes, a huge loss should never put an end to your exciting life. Just take a break and find some other cool activities that will let you forget your loss. Or just accept that gambling will always let us experience huge losses, or even big wins. That’s the nature of gambling. Eventually, after assessment your gambling experience, you will then decide if you still want to continue gambling or put an end to your gambling life.

Topic: 5 Things to do After a Huge Loss in Gambling. - page 16. (Read 4437 times)