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Topic: 5 Things to do After a Huge Loss in Gambling. - page 17. (Read 4437 times)

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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.
legendary
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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.
legendary
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We all know how it feels to lose money in gambling. It is one of the worst feelings we encounter, which makes us stressed and can lead to feelings of self-guilt. But sometimes we overstretch ourselves and gamble beyond our means. I have seen people even take loans to gamble and get sucked into an endless loop of stress, anxiety, and isolation.
If you have just encountered a big loss which is making you sick to the stomach, do not worry. Here are five things you can do to find peace and divert your energy to some inspiring things:

1. Accept the loss: Do not try to suppress the feelings; do not lie to yourself. You have made a mistake by gambling beyond your means, now accept it. We all make mistakes in our life. Most importantly, express the feelings: Weep if you want to weep, shout in a closed room if you want to shout, just do not harm yourself or others in the process, as it will only make things worse. Expressing your emotions is the first step towards getting out of this situation, and believe me, things are only going to get better from here. If you have expressed yourself, you have already made great progress.
Suppressing emotions will cause serious trouble to your psyche, which can lead to depression and delusions. If you do not accept your loss and mistake, you will only strengthen your unconscious to again take higher risks. In case you are wondering why your mind is still thinking of arranging more money somehow (taking loans/selling stuff, stealing, etc.), it is because of an innate human tendency of loss aversion.

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.

3. Socialize more, go out, play outdoor games, go on a hike with friends for a few days: You need an immediate shift of your focus from gambling, and going out, playing games, etc., are good options to do that. It will also shorten your screen time, which must be zero for at least 2-3 days.

4. Take professional help: There are many government as well as non-government organizations who can help you a lot if you are still panicking and nothing is working for you. Especially if, even after a few days, your sleeping and eating patterns are not normalizing. They will help you cope with anxiety and pursue some positive change in your life.

5. This last advice is a bit philosophical. Your existence in itself is a miracle, and on top of it, you as a living, conscious human being have survived against odds much higher than any lottery. Therefore, you are a winner already in life, no matter what these are—petty things (money lost in some game)—and you surely have the capacity to overcome this. Even if you do not believe in yourself right now, your existence is the undeniable proof of your potential.


You might also like :5 Things You Need to do After a Big Win.

This is all fairly good advice, but in tandem with point 1 I would try to self exclude from the site. The hardest thing after a big loss is the overwhelming feeling of shame which is often mixed with anger that you've made such a silly mistake. Once you have accepted this and if you really want to move on, you have two choices 1) learn to better regulate your betting habit and keep to smaller bets or probably the most effective at saving your wealth long term is to quit betting entirely for a year, or three or five - until you no longer feel the urge to do it daily.
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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.
Sharing your gambling story or disappointment should not be a person that know nothing about gambling. Gambling is more of understanding and anyone we want to tell about our disappointment in gambling should be someone that have been a gambler before and have the experience, so the person can give us hint on how to survive as a gambler. We need to be very selective here because its not everyone we tell about our gambling activities and disappointment that has that understanding to adverse us based on how we are feeling. There are still people that can advise us wrongly and make us feel bad about gambling which can have some uneasy thoughts.
sr. member
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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.
sr. member
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I think «accept the loss» is enough. Whenever someone is placing a huge bet, from my point of view, that person should not make it as a random decision, but have though about it previously. So whenever a huge bet is made, a person should be morally ready to say farewell to that money. If if happens to be that he looses that bet, then it should be taken like a man. Think about it for a minute, understand that the money are gone, and just let it go.

We should not be making a huge bet that is what I will say because it does not make any sense to do that. We have to know that we have a higher chance of losing than winning always therefore there should be some risk that we should not be taking to help save us from losing that money always. When we have money money, we can gamble for more games and this can increase the possibility of us winning but when we stake all that money on one bet and we lose it, we begin to think of gambling as a scam but it was our decision that cause us such loss and not the casino or sportsbook depending on where we are gambling. Accepting our losses will help us to not be revengeful that only makes us to lose more money instead of making more money.
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All the points you’ve put together on this thread are very great ones and if gamblers that have experienced great loss in gambling can follow them, they can get over it after some time and won’t feel the need to want to go after the game, like trying to want to win back what the market already collected from them. Losing is natural in gambling, no one is perfect so the best thing to do is to always have it in mind that when a loss comes, you should be able to bear it and when the win comes, you can enjoy the moments and also pass and reflect back to those that you loss to help cover for the dilemma of the loss in the past.
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I think «accept the loss» is enough. Whenever someone is placing a huge bet, from my point of view, that person should not make it as a random decision, but have though about it previously. So whenever a huge bet is made, a person should be morally ready to say farewell to that money. If if happens to be that he looses that bet, then it should be taken like a man. Think about it for a minute, understand that the money are gone, and just let it go.

Yes, that is a simple thought that may be mandatory for gamblers. Although sometimes regret or anger will be there for gamblers who lose in large amounts, gamblers who have such simple thoughts must have good self-control.
Simply we know that what we bet can be a win, it can also be a loss. If we accept it wisely, then the gambling we do might be safe for us.
legendary
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This is a nice and precise advice for those who are facing the aftermath of losing in gambling.

Accepting the loss is the no. 1 should be the one to do, move on so that you can't be eaten by your own emotions that can cause more psychological damage. Socializing is key too, talk to your family, talk to your friends and find some icebreaker that will lift that heavy thing on your mind.

Don't be depressed, you gamble in the first place that's why you should know the risks first, don't chase the wins. It's not a wise thing to do.
legendary
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I think «accept the loss» is enough. Whenever someone is placing a huge bet, from my point of view, that person should not make it as a random decision, but have though about it previously. So whenever a huge bet is made, a person should be morally ready to say farewell to that money. If if happens to be that he looses that bet, then it should be taken like a man. Think about it for a minute, understand that the money are gone, and just let it go.
sr. member
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You need to perceive your life as a training. You need to concentrate not on the end result, but on the process. You need to tell yourself - "Yes, I lost a lot of money. However, nothing terrible happened. This is part of my path. I gained new experience, I have new skills and abilities. I was unlucky this time, but next time I will definitely be lucky."

You can think that way if you have lost an amount that you could easily afford to lose, but what about those who lose more than what they can afford to lose? You can think rationally when you are not cornered by several negative thoughts that are caused because of what you have done because you have spent money that you weren't supposed to spend and I know how it feels because I have been through that situation in the past.

There is a reason why people commit suicide after losing a significant amount in gambling, it is because they go through extreme mental pressure and it is not as easy as we say it to control all those thoughts at that moment. Only someone with extreme mental strength can get through such situations without doing something they shouldn't do.
hero member
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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".   
legendary
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In my opinion, in order to psychologically accept the fact of a big loss, you need a special mental attitude.

You need to perceive your life as a training. You need to concentrate not on the end result, but on the process. You need to tell yourself - "Yes, I lost a lot of money. However, nothing terrible happened. This is part of my path. I gained new experience, I have new skills and abilities. I was unlucky this time, but next time I will definitely be lucky."

When I lose a large sum of money, I always remember the proverb - "Unlucky in gambling, then lucky in love!" Therefore, when I lose a large sum of money, I immediately go to meet beautiful girls.
legendary
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3. Socialize more, go out, play outdoor games, go on a hike with friends for a few days:
What if the gambler betted with their last cash and there's nothing left to fall back on for outdoor games? Trust me, a lot of gamblers are reckless in their bets to the point they exceed their risk threshold and further expose themselves to avoidable headache and financial downtrend. Even though there's a disclaimer that gambling is a highly risky stuff, people are still going to gamble with what they can't afford to lose. They want to hit jackpot at once. Sadly, it doesn't happen often that way.

Quote
5. This last advice is a bit philosophical. Your existence in itself is a miracle, and on top of it, you as a living,... Even if you do not believe in yourself right now, your existence is the undeniable proof of your potential.
This sounded religious like what some pastors in the Africa continent would say just to cook up consolation for victims.
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Good steps to help one heal from a big loss. Personally, taking a break is the best of it all and at the same time, you should let go of your losses, because if you cannot let go of your losses, you might find it difficult to take a break. What I do after experiencing a big loss, I quit and don't gamble anymore or go close to where they're gambling so that I will not be tempted to gamble at that moment.
The importance of taken a regular break in gambling can not be overly emphasis and it worth reminding, it is another avenue of given yourself that opportunity of making a personal reassess of whether you upholding a good and responsible gambling behaviors, indeed we have to stay in control and always having it in mind that gambling is only but game such that we have to be responsible enough not to chase losses for he who fights and run away lives to fight another day, it is also good we mix up with other activities as away ensuring we are not spending more time and resources in to gambling, it is a good thing for a gambler to have that sober reflection of whether he is having gambling problems or not and take the necessary steps towards being a responsible gambler.
Taking a break from gambling is a must whether you win or lose because that can prevents you from keeping playing gambling. If you don't take a break at all, you may face more losses which can makes your money gone without control.
If you losing a big money in gambling, you need to take a break for some time and doing many activities to distract your minds from recovering your losses. You can search for the activities and doing that for some time so you will not thinks about your losses before.
But before the losses becomes big, we can prevent that by responsible with our gambling activities and always reminds that we playing gambling to fills our free time. That is for prevention from spending too much money in gambling.
legendary
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Good steps to help one heal from a big loss. Personally, taking a break is the best of it all and at the same time, you should let go of your losses, because if you cannot let go of your losses, you might find it difficult to take a break. What I do after experiencing a big loss, I quit and don't gamble anymore or go close to where they're gambling so that I will not be tempted to gamble at that moment.
The importance of taken a regular break in gambling can not be overly emphasis and it worth reminding, it is another avenue of given yourself that opportunity of making a personal reassess of whether you upholding a good and responsible gambling behaviors, indeed we have to stay in control and always having it in mind that gambling is only but game such that we have to be responsible enough not to chase losses for he who fights and run away lives to fight another day, it is also good we mix up with other activities as away ensuring we are not spending more time and resources in to gambling, it is a good thing for a gambler to have that sober reflection of whether he is having gambling problems or not and take the necessary steps towards being a responsible gambler.
Yes and actually we keep on forgetting to take that break because we are so into gambling.

I will not blame a gambler for getting hooked too much in the games especially when it comes to slots because of how long the waiting time for the high multiplier to happen and then the way it is played is like there's always something that will pop out soon. Those bonus games (free games) are the most delightful of all because it is filled with excitement about how much they will give like a pandora's box.
That is where we should really be careful with because all that excitement when unable to be calmed down could lead to more deposits and that means more losses and frustration in the end.
hero member
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Good steps to help one heal from a big loss. Personally, taking a break is the best of it all and at the same time, you should let go of your losses, because if you cannot let go of your losses, you might find it difficult to take a break. What I do after experiencing a big loss, I quit and don't gamble anymore or go close to where they're gambling so that I will not be tempted to gamble at that moment.

The importance of taken a regular break in gambling can not be overly emphasis and it worth reminding, it is another avenue of given yourself that opportunity of making a personal reassess of whether you upholding a good and responsible gambling behaviors, indeed we have to stay in control and always having it in mind that gambling is only but game such that we have to be responsible enough not to chase losses for he who fights and run away lives to fight another day, it is also good we mix up with other activities as away ensuring we are not spending more time and resources in to gambling, it is a good thing for a gambler to have that sober reflection of whether he is having gambling problems or not and take the necessary steps towards being a responsible gambler.
For someone gambling is the main income. It is a bad advice to make a break for them.
As for common gambler - the main goal is to prevent such situation. Such gambler must understand that he has some problems with the game before such loses.
So if lost huge money - he has to visit specialist, who can help him with his addiction. The op`s advices are too late(except the 4th step).
sr. member
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Good steps to help one heal from a big loss. Personally, taking a break is the best of it all and at the same time, you should let go of your losses, because if you cannot let go of your losses, you might find it difficult to take a break. What I do after experiencing a big loss, I quit and don't gamble anymore or go close to where they're gambling so that I will not be tempted to gamble at that moment.

The importance of taken a regular break in gambling can not be overly emphasis and it worth reminding, it is another avenue of given yourself that opportunity of making a personal reassess of whether you upholding a good and responsible gambling behaviors, indeed we have to stay in control and always having it in mind that gambling is only but game such that we have to be responsible enough not to chase losses for he who fights and run away lives to fight another day, it is also good we mix up with other activities as away ensuring we are not spending more time and resources in to gambling, it is a good thing for a gambler to have that sober reflection of whether he is having gambling problems or not and take the necessary steps towards being a responsible gambler.
legendary
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Spending at least 3-5% of your salary will not cause you more harm that 20% and above will cause you.

The problem with that is when people consider betting 3% but in a losing session they go into tilt and go over the budget chasing their losses. If it were as easy as doing what you set out to do before going to the casino there would be no one in trouble.
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That's the problem with online gambling, easy accessibility makes it so addictive and it's always tempting to go back even after deciding not to. Like you said taking a step back is what is needed most times, you made the right decision and it's going to be a tough one because the thought of recovering your losses would always come into your mind. if you bounce back and decide to gamble again perhaps you should consider changing the game you have been playing, switch to something new , who knows you might get lucky with something different.
For now, I think the easy access to online gambling is not his fault because technology is certainly developing and will make many things easier, this is more about the awareness of each individual. We must be aware not to gamble excessively, do it healthily without excessive behavior such as betting a lot of money on gambling. Also not tempted again when we have experienced defeat in previous gambling.

We must be able to take a step back whether it is when we win or when we experience defeat in gambling, because victory that is not certain to be obtained becomes something that is difficult to happen and we should not expect too much from gambling such as thinking for sure that we can get a big win, hoping too much for a gamble only allows us to fall deeper into gambling, and get caught in a cycle of addiction that tends to be difficult to get out.
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