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

Jaycoinz

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Quote from: Mahanton on November 21, 2024, 09:10:02 AM

1. Accept the loss

Acceptance is the key on which this is really that an inevitable thing when dealing up with gambling on which losing up money will really be that definitely be experienced.
Even lets say that you are lucky then there would really be those losing bets as well. Acceptance is something that you will really be needing because if you do find yourself
become that impulsive in playing then you will really be devastated by gambling.

Usually gamblers will really be not be able to accept their defeat or loses on which as long they do have the money that they could be able to spend on, then they would really be
doing it and this is something which is really that a typical cycle and really that makes this industry become that too profitable because with that kind of
very common gambler behavior.

Coming to terms with reality that the money is gone and never coming back is the best way to deal with losses because if you don't accept it there's a very high chance that you might try to chase what you have lost. Sometimes I ask myself how can someone chose to recover his losses from gambling by gambling more it's actually an insane thing to do if you ask me. Whatever is gone cannot be replaced even though there's a slim chance of recovering if you take the risk but the risk is not worth taking, it's better to forget about it and move on.

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Quote from: bakasabo on December 03, 2024, 05:09:49 AM

An advice for those who, for some reason, keep or have different cryptocurrency on gambling platform. I think that when person gambles, he does it with one currency, probably even switch currency display to $ to have a better understanding how much he is betting. So I would advice to withdraw all the rest crypto after a huge loss, to prevent attempt to win back your loss. Better to lose on transaction fee, then to lose everything.

I agree with you mate, because if you still have some funds in your gambling account, you will definitely be tempted to chase your losses and before you know it, you will lose it all. This is why there's no need of depositing large amount of funds into your casino account for any reason to avoid such actions. What I do is that, I have a gamble budget that I put into my casino account after I get paid for the week and the moment I exhaust the funds, I don't refill it until the next week when I get paid. So that even if I gamble it all in a session, my gambling activities is over for that week.

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An advice for those who, for some reason, keep or have different cryptocurrency on gambling platform. I think that when person gambles, he does it with one currency, probably even switch currency display to $ to have a better understanding how much he is betting. So I would advice to withdraw all the rest crypto after a huge loss, to prevent attempt to win back your loss. Better to lose on transaction fee, then to lose everything.

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Quote from: ethereumhunter on December 03, 2024, 04:31:10 AM

Taking a break will not easy for those who often playing gambling because they want to recover their losses and wins their money back. But they must keep trying to take a break for a while to reduces our emotion especially if we already lose too much money.

That is why we must have allocation for playing gambling and stick to our rules while we don't use all of that allocation money just to playing gambling for that day. We must remember that it is enough to playing gambling with that money and it is better if we can keep some money in our account that we can use to playing gambling in the other days.

It seems to me that the solution should be sought in the question itself, if the OP asks what to do if a huge loss occurs, then the obvious answer would be to exclude the possibility of a huge loss.

The bet amount should be small, or such that the loss does not make you feel bad. If you allow for such a thing that after a loss you will need some time to recover, then this is very bad, because the nervous system suffers a lot of damage, and this will have a bad effect not only on your finances, but also on your health, maybe not immediately but over time.

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Quote from: kawetsriyanto on December 02, 2024, 04:52:36 PM

Quote from: I_Anime on December 02, 2024, 01:59:42 PM

Because some people may choose to keep chasing that loss and keep losing till they endup having nothing left to lose , so better stick with taken a break first and find what will help to clear your mind first before going into another sector of gambling.

You're right. It is better to take a break when we feel it is getting harder for us. If we chase the losses, it is even the way to lose more money. Spend more money will never increase the chance to win in gambling. It is because win in gambling is mostly based on luck. Even if we force ourselves to gamble with more money, it won't work if we don't have luck. So it will just be in vain!

Taking a break will not easy for those who often playing gambling because they want to recover their losses and wins their money back. But they must keep trying to take a break for a while to reduces our emotion especially if we already lose too much money.

That is why we must have allocation for playing gambling and stick to our rules while we don't use all of that allocation money just to playing gambling for that day. We must remember that it is enough to playing gambling with that money and it is better if we can keep some money in our account that we can use to playing gambling in the other days.

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Quote from: Pandu Geddon on December 02, 2024, 11:46:13 AM

Quote from: nara1892 on December 02, 2024, 11:32:58 AM

I think the solution is in the first point you conveyed OP that the only thing a gambler must do after experiencing defeat is to "accept the defeat", in the sense of being responsible for the decisions they have made before and do not regret it at all. Because in my opinion, various impulsive or aggressive actions often occur because of the difficulty of accepting the fact of defeat, but maybe after that I will also add the third point from what you mentioned that when we experience defeat, it is advisable for us to go find other activities such as hanging out with friends or doing any physical activity that you like, it will really help you to be able to forget the defeat you previously experienced.

Accepting defeat must be realized by every gambler. Whatever the risk, we already know that in betting we can win and lose. If we lose then we must accept it. But sometimes we can't accept defeat sincerely. That's what causes us to lose our mood for a while. Looking for activities such as hanging out with friends or other activities might be good for multiplying disappointment. But when you've lost your mood because of defeat, it might also affect your emotions when hanging out. I might choose to close all activities and go to bed.

Of course that is the main thing that a gambler should know in the sense that we must know and understand that gambling is not only about the chance of winning but also about the risk of losing money or it can be said that gambling is about two things, namely winning and losing, where there is no way or strategy that can control the results at the end of the game except luck, meaning that if for example there is a gambler who is angry or emotional when experiencing defeat, it means that they are a loser who comes only to win but is not ready for the risk of defeat which will basically always be part of the end of the game. On the other hand, what you said is true that actually because of the inability to accept defeat, a person loses mood or emotion and gets caught up in various impulsive and aggressive actions, so that means the excitement of gambling will most likely only be felt when you gamble without making victory a priority.

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Quote from: Doan9269 on December 02, 2024, 04:28:06 PM

Now on this case or kind of situation, what we are considering is the next action to take after suffering a huge loss, which i see to be more different form just making an ordinary loss, gambling is what we need to calm down and play, apply a specific strategy over it and also be able to manage the risk on it, because betting in some cases will have both winning and losing option to take, but what we know will determine the kind of decision we make.

It’s either you stop gambling for a while and shift your interest into something much more productive than gambling, or you just accept the fact that when you’re into gambling, you will win much or lose a lot. Once you will realize that, the earlier the better. So that you won’t rush into gambling expecting to make a big win, but will only gamble in times you have an extra amount of cash and you need gambling to chill and unwind.

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I think recommendation number 2 is something that we should be careful about. Sometimes when we tell others about our weaknesses we come across people who use them as a weapon against us. In such a situation, you will have a bigger bad experience than the bad experience you had in gambling over and over again. I would say don't make sincere confessions to everyone before you have the year of experience of knowing bad people...

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Quote from: Doan9269 on December 02, 2024, 04:28:06 PM

Now on this case or kind of situation, what we are considering is the next action to take after suffering a huge loss, which i see to be more different form just making an ordinary loss, gambling is what we need to calm down and play, apply a specific strategy over it and also be able to manage the risk on it, because betting in some cases will have both winning and losing option to take, but what we know will determine the kind of decision we make.

Everyone has a strategy that works for them in gambling, but that does not always guarantee our winnings; instead, it can only increase our chance of winning and let our luck do the rest.

It's always advisable for people to gamble responsibly, as it will put them on the track of wagering with what they can afford, effective bankroll management, not making some reckless decisions on their bets, and not allowing their emotions to control them, which is one thing that makes and leads a lot of people to spend more than they budgeted. Once you lose control of yourself and gamble with emotions, the end result is always negative.

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Quote from: I_Anime on December 02, 2024, 01:59:42 PM

Because some people may choose to keep chasing that loss and keep losing till they endup having nothing left to lose , so better stick with taken a break first and find what will help to clear your mind first before going into another sector of gambling.

You're right. It is better to take a break when we feel it is getting harder for us. If we chase the losses, it is even the way to lose more money. Spend more money will never increase the chance to win in gambling. It is because win in gambling is mostly based on luck. Even if we force ourselves to gamble with more money, it won't work if we don't have luck. So it will just be in vain!

Quote from: I_Anime on December 02, 2024, 01:59:42 PM

Because gambling is all about discipline if you really want to enjoy the fun in it , so you have to be disciplined to do so because if you approach it the wrong way you may only endup seeing the ugly part of gambling alone.

Yep, we must be disciplined to limit our funds (also the time). If we use the money that we afford to lose, we always can enjoy the games. But if we can't control ourselves and end up with huge losses, there is no way that we can enjoy the games. So, it is very crucial to be disciplined and knows the limitations in gambling. This is also the way to keep gambling in a healthy way.

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Now on this case or kind of situation, what we are considering is the next action to take after suffering a huge loss, which i see to be more different form just making an ordinary loss, gambling is what we need to calm down and play, apply a specific strategy over it and also be able to manage the risk on it, because betting in some cases will have both winning and losing option to take, but what we know will determine the kind of decision we make.

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Quote from: I_Anime on December 02, 2024, 01:59:42 PM

These are really nice stuff listed above , this will definitely help to relieve one from stress after losing some certain amounts of money , and same time one can easily call it a day , without over doing it .

Because some people may choose to keep chasing that loss and keep losing till they endup having nothing left to lose , so better stick with taken a break first and find what will help to clear your mind first before going into another sector of gambling.

Because gambling is all about discipline if you really want to enjoy the fun in it , so you have to be disciplined to do so because if you approach it the wrong way you may only endup seeing the ugly part of gambling alone.

yes this is the important point. when experiencing a big defeat in gambling.
take a break first and accept defeat. only when the mind is calm, then return to another gamble with a sense of calm and forget all previous defeats.

because if we as players cannot open our hearts to past defeats, of course it will have a worse impact because our emotions and psyche are still in defeat. meaning that at that time, our gambling will be more passionate to return the past defeat. when that happens not victory, precisely because of that passion we can get an even bigger defeat.

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These are really nice stuff listed above , this will definitely help to relieve one from stress after losing some certain amounts of money , and same time one can easily call it a day , without over doing it .

Because some people may choose to keep chasing that loss and keep losing till they endup having nothing left to lose , so better stick with taken a break first and find what will help to clear your mind first before going into another sector of gambling.

Because gambling is all about discipline if you really want to enjoy the fun in it , so you have to be disciplined to do so because if you approach it the wrong way you may only endup seeing the ugly part of gambling alone.

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Quote from: Cookdata on December 02, 2024, 01:20:56 PM

If we really want to follow the things that are been discussed in forum about gambling, no one should suffer frkm a heavy loss, it's never should happen in the first place because we said gamble responsibly and gamble with the amount of money you can lose but all these talks are been accepted on the surface of the lips, people go extra miles to bet with an amount that can send them to death and they don't care to take a second review of the magnitude of what they are about to do until it's done.

The problem is that sometimes there are moments when we lose control of the controls that have been built so that no matter how strong when they start to continue to try to prioritize rationality and responsibility in gambling but at some point there is a situation that makes them forget about it and lose big.

Although this may happen very rarely, there are always the same problems that occur for some people who even say they gamble responsibly.

Things like this are difficult to minimize for some people especially for those who always bring emotions into their gambling so that the control that has actually been built will slowly erode and do not even realize that they have crossed the boundaries that they have tried to build from the beginning.

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Quote from: LDL on December 01, 2024, 08:43:16 AM

A gambler can definitely break down after a big loss in gambling, so he should share the loss with his family members to comfort him. Moreover, family members must be able to provide adequate support to a mentally disordered gambler on how to easily stop gambling. Moreover, the issue of loss must be shared with friends because only friends can easily comfort him emotionally. Friends can take him on long drives and engage him in various recreational activities to stop him from gambling temporarily or permanently.

If we really want to follow the things that are been discussed in forum about gambling, no one should suffer frkm a heavy loss, it's never should happen in the first place because we said gamble responsibly and gamble with the amount of money you can lose but all these talks are been accepted on the surface of the lips, people go extra miles to bet with an amount that can send them to death and they don't care to take a second review of the magnitude of what they are about to do until it's done.

On a norm. A gambler isn't suppose to use his emergency money to bet, a gambler isn't supposed to use money like school fees, medical money and food money to gamble just because they think the money can be double in multiple folds. If truely it's possible to make such kind of money, the casino will dare not open one, will rather use the money to gamble and makes the money instead of waiting for another person to use their own to bet. I guess we forgot the things we discuss easily.

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Quote from: Accardo on December 02, 2024, 12:21:28 PM

Quote from: Pandu Geddon on December 02, 2024, 11:46:13 AM

Accepting defeat must be realized by every gambler. Whatever the risk, we already know that in betting we can win and lose. If we lose then we must accept it. But sometimes we can't accept defeat sincerely. That's what causes us to lose our mood for a while. Looking for activities such as hanging out with friends or other activities might be good for multiplying disappointment. But when you've lost your mood because of defeat, it might also affect your emotions when hanging out. I might choose to close all activities and go to bed.

It's quite painful for players during a huge loss experience, but the thoughts shouldn't be so much to get the player Moody. As it works with choice. Although losing all that amount is painful, yet players need to understand that placing all that money in a game would cost them pains. It's not necessary to go that further to do what will put them in trouble financially.

I understand what you mean, but sometimes some gamblers become very emotional about their losses. Some even do bad things by cursing and even destroying things around them. That's excessive, but you know that such behavior exists and is experienced by gamblers. I'm sure that even though gamblers respond differently and are quite emotional when they lose, it doesn't take long for them to adjust their emotions and gamble again another time. The depression they experience will only be temporary.

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Quote from: romero121 on December 02, 2024, 11:43:01 AM

Among all the points mentioned, the most important one is the sharing. When you share your loss with someone and if they give some consoling words, it automatically makes us feel relaxed. I experienced a massive loss in the early morning, and it was a Sunday. I was supposed to go to church, but I wasn't able to attend the church ceremony. My mind was filled with a number of thoughts, and by God's grace, I left the house and went outside and shared with a brother. He gave a word, money is not a big thing. It might be in one's pocket, and the next day we can see the same in someone's pocket. So, we shouldn't feel for it, take it as a learning, and God has blessed us with a life, we need to live it. This is a big part of my life, because even a small negative thought could cause a big disaster in life.

Very sightful and wholesome story you are sharing with us, I am sorry you had to experience such a loss of money to begin with, but I am glad you could find peace and a way to vent your negative feelings to someone who cares about you enough not to judge you for Lossing money to your own greed. Not all the people in this world have the grace to be able to trust such a economical blunt to others, I have a friend who comes from a relatively poor family, and if he told his mother or brothers about losing money to casinos, then he would be scolded and belittled as a loser and a gambling addict, they may even delay food to him until he got all the money back somehow.

I wish you have better luck next time you decide to gamble and hopefully you have learnt not to wager more than you can afford to lose and put yourself in a situation of distress.

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Quote from: Pandu Geddon on December 02, 2024, 11:46:13 AM

Quote from: nara1892 on December 02, 2024, 11:32:58 AM

I think the solution is in the first point you conveyed OP that the only thing a gambler must do after experiencing defeat is to "accept the defeat", in the sense of being responsible for the decisions they have made before and do not regret it at all. Because in my opinion, various impulsive or aggressive actions often occur because of the difficulty of accepting the fact of defeat, but maybe after that I will also add the third point from what you mentioned that when we experience defeat, it is advisable for us to go find other activities such as hanging out with friends or doing any physical activity that you like, it will really help you to be able to forget the defeat you previously experienced.

Accepting defeat must be realized by every gambler. Whatever the risk, we already know that in betting we can win and lose. If we lose then we must accept it. But sometimes we can't accept defeat sincerely. That's what causes us to lose our mood for a while. Looking for activities such as hanging out with friends or other activities might be good for multiplying disappointment. But when you've lost your mood because of defeat, it might also affect your emotions when hanging out. I might choose to close all activities and go to bed.

It's quite painful for players during a huge loss experience, but the thoughts shouldn't be so much to get the player Moody. As it works with choice. Although losing all that amount is painful, yet players need to understand that placing all that money in a game would cost them pains. It's not necessary to go that further to do what will put them in trouble financially.

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Quote from: nara1892 on December 02, 2024, 11:32:58 AM

I think the solution is in the first point you conveyed OP that the only thing a gambler must do after experiencing defeat is to "accept the defeat", in the sense of being responsible for the decisions they have made before and do not regret it at all. Because in my opinion, various impulsive or aggressive actions often occur because of the difficulty of accepting the fact of defeat, but maybe after that I will also add the third point from what you mentioned that when we experience defeat, it is advisable for us to go find other activities such as hanging out with friends or doing any physical activity that you like, it will really help you to be able to forget the defeat you previously experienced.

It is important we take a rest after every loss we make as gamblers. It is not good for us to go back and gamble because we want to get back our lost funds which can be seen as an attempt of chasing loses. Gambling is a financial decision and it is good we try and fixed ourselves not to fall into the attempt of gambling restlessly. We can make money from gambling once we have a good strategy and know when to leave gambling and take a break. Once we understand these things I don't think we would have that habit of gambling too much or trying to chase losses when we ought to be taking a rest.

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Quote from: romero121 on December 02, 2024, 11:43:01 AM

Among all the points mentioned, the most important one is the sharing. When you share your loss with someone and if they give some consoling words, it automatically makes us feel relaxed. I experienced a massive loss in the early morning, and it was a Sunday. I was supposed to go to church, but I wasn't able to attend the church ceremony. My mind was filled with a number of thoughts, and by God's grace, I left the house and went outside and shared with a brother. He gave a word, money is not a big thing. It might be in one's pocket, and the next day we can see the same in someone's pocket. So, we shouldn't feel for it, take it as a learning, and God has blessed us with a life, we need to live it. This is a big part of my life, because even a small negative thought could cause a big disaster in life.

You have an interesting experience, and it is very good that you went to church, but in modern times, few people go there. Nevertheless, sharing with someone is very relaxing, but if you do not do this and keep everything inside, then the energy remains inside us, and if you do not release it, then this will affect us morally, including severe depression may appear.

Besides everything, I like the last point that the OP wrote, have you read it? It motivates me more than the other points, many can really understand this, the awareness of everything that is written there.

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