5 Things to do After a Huge Loss in Gambling. - page 8.

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Quote from: Gozie51 on November 26, 2024, 07:34:19 AM

Quote from: Ararbermas on November 25, 2024, 08:18:18 AM

Decipline is a must when it comes gambling , wherein if you have consecutive loss and massive losses then stop playing for the mean time and look for something that can get your attentions so that you can get away from the temptations to try playing again.. and tbh for me i believe there's a lot of way to cure addiction , and its about how to change our mindset in order to forget such things especially it's for the meantime only? It will be basic if we will make a move for it and not just complaining around. Just saying

That is instructive and very important but difficult to do and this is the reason that some gamblers will resort to drinking when they lose. Usually, to forget that you have lost a potential huge winning especially narrowly, you will need to go out of your comfort zone or avoid staying lonely because of thinking about the loses and the money involved. Therefore, a gambler needs discipline to take certain decisions whether at the time of loses and when you win. For example, it is discipline that will make you take a break after a losing streak and also it is discipline that will make you caution yourself from over spending when you win.

Such control is needed as you don't want to keep regretting your actions, there are gamblers who become more aggressive when losing their bets and instead of quitting they did choose to engage more and add more money, only to realize that at the end of the day most the outcome also a failed attempts to recover as they play with aggressions they don't have any clear views just to put their and hoping that luck will permits them to win and recover or win some from the next try that they do.

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Quote from: ethereumhunter on November 26, 2024, 06:10:13 AM

Quote from: tusandii on November 25, 2024, 11:25:52 PM

Defeat is indeed a part of gambling and it is indeed very painful for someone who hopes too much for luck but they actually experience defeat, that is why gambling is a high-risk game, the only way if someone experiences defeat is to avoid it for a while to relieve their trauma because I used to experience this often, but now I have started to get used to defeat because if we bet with money that we can afford even if we lose, our feelings will remain calm.

But that will not stop gamblers to keep playing gambling in the other days because they want to chase the winning and recover their lost money. But if they can realize that losing in gambling is part of playing gambling, they will not trying to playing gambling too often because that can makes them lose more money. They should know how to treat gambling right so they will not have a high risk in playing gambling. In this matter, taking a break will be the best solution for them as they can relax and release their stress while they don't have to think about gambling. That can also refresh their minds after losing some money in gambling.

When playing gambling then it will really be just that only having two possible outcomes on which it will really be that only winning or losing but most of the time it will really be on the losing side.
We do know that house do always win and someone whose really that good when having that self control and there are ones who cant be able to stop their gambling urge.
Losing is part and thats why its really that important that you do really know on when to quit and stop on the time that you are losing or you have lost all of your gambling budget.
Quit or call it a day and never make further deposit because if you do then you will really be just that worsen up the situation.

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Quote from: Ararbermas on November 25, 2024, 08:18:18 AM

Decipline is a must when it comes gambling , wherein if you have consecutive loss and massive losses then stop playing for the mean time and look for something that can get your attentions so that you can get away from the temptations to try playing again.. and tbh for me i believe there's a lot of way to cure addiction , and its about how to change our mindset in order to forget such things especially it's for the meantime only? It will be basic if we will make a move for it and not just complaining around. Just saying

That is instructive and very important but difficult to do and this is the reason that some gamblers will resort to drinking when they lose. Usually, to forget that you have lost a potential huge winning especially narrowly, you will need to go out of your comfort zone or avoid staying lonely because of thinking about the loses and the money involved. Therefore, a gambler needs discipline to take certain decisions whether at the time of loses and when you win. For example, it is discipline that will make you take a break after a losing streak and also it is discipline that will make you caution yourself from over spending when you win.

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Quote from: tusandii on November 25, 2024, 11:25:52 PM

Defeat is indeed a part of gambling and it is indeed very painful for someone who hopes too much for luck but they actually experience defeat, that is why gambling is a high-risk game, the only way if someone experiences defeat is to avoid it for a while to relieve their trauma because I used to experience this often, but now I have started to get used to defeat because if we bet with money that we can afford even if we lose, our feelings will remain calm.

But that will not stop gamblers to keep playing gambling in the other days because they want to chase the winning and recover their lost money. But if they can realize that losing in gambling is part of playing gambling, they will not trying to playing gambling too often because that can makes them lose more money. They should know how to treat gambling right so they will not have a high risk in playing gambling. In this matter, taking a break will be the best solution for them as they can relax and release their stress while they don't have to think about gambling. That can also refresh their minds after losing some money in gambling.

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Defeat is indeed a part of gambling and it is indeed very painful for someone who hopes too much for luck but they actually experience defeat, that is why gambling is a high-risk game, the only way if someone experiences defeat is to avoid it for a while to relieve their trauma because I used to experience this often, but now I have started to get used to defeat because if we bet with money that we can afford even if we lose, our feelings will remain calm.

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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.

I myself admit that gambling is very popular in my country, many people do it even though in my country gambling is prohibited, but with the existence of online gambling that can be easily accessed, many people can do it quite freely without strict supervision from the authorities or the government. This has caused many negative cases to occur, the destruction of some people's lives has been destroyed because they gambled beyond their means, some have even sold property to gamble again when they run out of capital and some have been in debt because they previously borrowed money for betting capital.

In addition, with bad cases, some people who have serious problems end up sadly, not a few people end their lives by committing suicide and some of these cases occur because they are in a lot of debt because they previously spent their loan money to gamble, of course they do this because they have the hope of getting a big win in gambling but unfortunately instead of getting a big win, it actually ruins their lives.

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Actually if you can do the #1. Accept the loss, it is already more than enough because once you can accept the loss then it wont lead into negative effects.
For the #2 Telling someone, it can be good but it can be bad as well depending on the person because not all people can be a good listener and it may even bring more problems.
For the other 3 things especially the #4 and #5, I dont think it is needed if once we can do the the #1 wisely.
Professional help will be needed if you are getting into bigger problems from the losses especially when it comes to psychological effects.

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

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

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.

Misunderstanding will lead you to such thoughts and those thoughts occur because of the following beliefs and also with the hope of victory, at first yes usually novice gamblers are lured by the first and second wins which indirectly will make them more confident that gambling is the right place to make money, but in the end over time the casino will turn things around which makes gamblers start to get upset because they lose most of their money slowly. Regret will always be a possibility that is definitely experienced by everyone when they start everything the wrong way, like what you experienced where now you no longer consider gambling as a place to make money, that's good and I just hope that you maintain that awareness every time you gamble, because there is still a possibility for you to get caught up in the wrong understanding considering the many temptations in gambling.

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

5 Things to do After a Huge Loss in Gambling.

Gambling is a game that you can play and you can also avoid it, but if you have entered the world of gambling, of course you have to be prepared to face all the risks that exist, generally the risk of loss.

To do the five things you mentioned, point 1 must be something else called a game, losing must of course be accepted, point 2 is something that cannot be done, I gamble, I will tell my friends when I win, when I lose, it's better to keep quiet, that's my trick, as well as points 3,4 and five, this is also often done, not only during holidays, the point is that gambling is still gambling, whatever the case and The strategy you used was clear and you lost.

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Decipline is a must when it comes gambling , wherein if you have consecutive loss and massive losses then stop playing for the mean time and look for something that can get your attentions so that you can get away from the temptations to try playing again.. and tbh for me i believe there's a lot of way to cure addiction , and its about how to change our mindset in order to forget such things especially it's for the meantime only? It will be basic if we will make a move for it and not just complaining around. Just saying

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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.

Topic: 5 Things to do After a Huge Loss in Gambling. - page 8. (Read 2842 times)