Topic: 5 Things to do After a Huge Loss in Gambling. - page 3. (Read 2849 times)

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.

You are actually right mate. This is where most gamblers do miss it and eventually end up becoming broke. Gambling is risky we know, as it's a game of luck but don't let it become a game of losing strick. When you encounter major losses, you try your best to close for the day. Don t go on revenging as this will only lead to even !ore loss. In times like this, I guess this is where you have to follow your gambling plans and strategy to manage your risk. Don't over gamble, once you make loss, take some time off and give it a break this way you will be able to minimize your risk.

~snip

Refreshing your session either you are in the winning side or in the losing will keeps you away from exceeding to your set limitation, as long as you are capable to control your emotion you have a good glimpse of preventing yourself getting addicted, it's always your choice and your own will that's why most of those who got addicted are people who unable to think clearly those who intend to win more but unfortunately they end up losing as they can't control their own greed.

You are right, whatever the situation whether winning or losing then it is better to stop with the aim of calming down. Also, don't forget to do research first so that we don't have the wrong mindset in responding to gambling.

To accept the loss and to stop chasing after the loss with thoughts of recovery is the best approach after the loss has been encountered and it is best for one to relax, take a stroll, go for a swim or partake in some other fun activities within the time frame inorder not to brood about the loss.

I do experience loss often times but I try to reduce my gambling bets once my the frequency of my loss is getting too high. Even changing to other games may not help because I believe gambling requires a calm emotional response, else whatever we do after being upset will always tend to zero profit and more losses.

Huge loss in gambling can be so emotional, it's can actually make a person loss his sanity.Gambling can be seen in two ways,it's either you win or you loss,and we are bond to feel pained when we loss(not only in gambling)because we are humans,blood flows through our veins.

I think "Accept the loss" is the most important point on the list because it’s key to minimizing risks in gambling. Main reason many lose a lot in gambling is that they can’t accept a loss, they try to chase it, only to end up losing everything, sometimes even money that wasn’t meant for gambling in the first place.

This is the kind of discipline we need to develop. From the start, we should understand that gambling has only two outcomes: winning or losing. Knowing how to handle both is just as important as placing the bet itself.

Bettors who had just lost really big should first calm down and quit gambling at that time, there is no need to try again, or else, that huge loss could be the beginning of his losses and devastation. For me, gambling is not by force, such should at least take enough breath to ponder on the mistake (personal or psychological) and whether he is adequate to bet again or just avoid betting entirely. The financial capacity is another consideration here, it's not worth it if gambling ruins the person altogether.

I agree with what you said, someone who has just experienced a big loss must be able to control themselves so as not to repeat the same mistake and reflect on what is currently happening instead of being even more eager to gamble more and recover previous losses because if gambling when the atmosphere is chaotic will make gambling uneasy and eventually experience greater losses. It is important for someone to manage their own risk management and not overdo it when gambling so as not to experience too much of a big loss which ultimately affects their mentality.