5 Things to do After a Huge Loss in Gambling. - page 9.

Cryptmuster

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Quote from: memehunter on December 19, 2024, 03:37:03 AM

Let me tell you that it is quite normal and perhaps the part of becoming a strong person. $15k though it is a decent amount (relative) but cheap for a life lesson. I know it still might be bothering you but now you know how to avoid and lock wins more efficiently so it is a good deal.
Thanks for sharing though it takes a great deal of courage to admit publicly your loss.

In fact, this is a huge loss for a loser in gambling, it should be unacceptable to allow such a loss, but people lose even big money, and not only in gambling. It all depends on the individual, someone can decide that this is acceptable for him, and someone just can not stop and despite all the losses continues to lose the last money. I saw a guy who went to play slot machines and lost a lot of money, but he walked in torn shoes. It seems that this is an addiction...

Apocollapse

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1. Open pornhub or onlyfans, then masturbating.
2. Go to the brothel, pick the girl that you want, then fuck her.
3. Consume alcohol.
4. Drink a coffee and smoking.
5. Sitting alone on the street.

I'm sure the 5 things I mention in my post is way more realistic than what @OP mentioned above, most men doing at least one of them. Don't be too philosophical, good vibes or being positive, we all know what coping mechanism for men.

nullama

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Yeah, just removing yourself from that situation as fast as possible is good.

Removes the crazy idea of trying to win back your money by gambling even more.

Thinking about going to the ATM?, bad idea. Go back home, go for a walk.

Go to a park, beach, bench, whatever public place you have, or say hi to a friend. Or just go home, alone or to your family.

Just wait. Rest. Have some sleep. Drink some water. Think about the future.

It's all good.

Everything will be OK.

mammusu

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Quote from: Litzki1990 on December 18, 2024, 12:19:57 PM

When a gambler loses a lot of money by gambling, he naturally gets depressed because of that money and may make many wrong decisions at that time.

After losing a large amount of money, the gambler should be given more support at that time so that he does not make any wrong decisions. And to the gambler I would at least advise him to stay away from gambling for a few months. Although it is difficult to decide to stay away from gambling after losing a lot of money, it is something every gambler should do for their own good and for the safety of their money. However, most gamblers do not do this, instead, when they lose a large amount of money, they bet more money, only to find that they later lost the amount they gambled with. So no decision can be taken out of anger or out of one's own emotions, decisions like this will always backfire.

Avoiding gambling after a big loss is a very important step to maintain emotional and also for us to recover from financial losses, those who chase losses continuously will only make them worse, because it is one of the ways for them to get stuck in addiction, considering gambling as entertainment and leaving it when we have reached the limit of defeat is a step to not get stuck in a bigger loss from gambling, those who experience addiction should get great support from those closest to them to overcome the addiction.

memehunter

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Quote from: satscraper on December 19, 2024, 02:11:42 AM

Let's say if my loss equals to L and corresponding recovery time R then at the loss of 2L the recovery time would 4R, at 4L it would be 8R and so on.

It is a nice attempt to quantify a variable of human tendency. Though I have good reasons to believe that time=money but never thought of this perspective. But it could easily be interpreted superficially that you need to wait to gamble again but this is specifically true for games with positive EV.

Quote from: satscraper on December 19, 2024, 02:11:42 AM

My biggest loss is round $ 15 K , probably not so huge but it took a few month for me to accept it.

Let me tell you that it is quite normal and perhaps the part of becoming a strong person. $15k though it is a decent amount (relative) but cheap for a life lesson. I know it still might be bothering you but now you know how to avoid and lock wins more efficiently so it is a good deal.
Thanks for sharing though it takes a great deal of courage to admit publicly your loss.

satscraper

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

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:

I have noticed that to recover myself from the huge loss I need more time when compering it with the small failure, and, on top of everything, this time is growing with the size of loss. Let's say if my loss equals to L and corresponding recovery time R then at the loss of 2L the recovery time would 4R, at 4L it would be 8R and so on. My biggest loss is round $ 15 K , probably not so huge but it took a few month for me to accept it.

gunhell16

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Quote from: DaNNy001 on December 17, 2024, 04:49:45 PM

Quote from: 2Pizza410000BTC on December 12, 2024, 05:45:50 PM

Quote from: Oshosondy on November 21, 2024, 08:30:40 AM

Quote from: Davidvictorson on November 21, 2024, 08:27:23 AM

Take a break.

This is very important. He should even quit gambling for many months or for like a year. He should start to gamble again, but with little amount of money. The money should not be more than 1% of his weekly income. If he sees himself still addicted, he should stop gambling again. This was how I overcame gambling addiction. He should not see gambling as a means of making money will help in stoping gambling addiction.

Actually, willpower is the biggest thing. If you do not have willpower, then you cannot get out of any addiction by doing anything. You had enough willpower, due to which you were able to overcome the addiction to gambling very easily. But yes, if someone keeps thinking about that loss after a big loss and keeps participating in one gambling game after another, then he may be addicted to gambling. He should definitely take a rest after a big loss. If necessary, he should refrain from gambling for some time and even then, if he wants to participate in gambling, he should participate in gambling with a very small amount of money just for entertainment, but I think it is better for him not to participate in gambling at that time. He should focus on religious work and play games with friends in the field for entertainment.

I think it's because they actually lack the will powers thats why its called an addiction moreover i believe only a few percentage of gamblers actually save themselves from the problems they face with gambling. Addiction is better delt with when you have other things that fills up that space and for many gambling is what keeps them driving which if you are that type then it would be definitely hard for you to keep up or stop yourself.

The real addiction of a gambler to gambling, whether physical or online, is that they will find it difficult to stop immediately; even if we say that they are winning, they will think that they will win even more while they are already winning.

Meanwhile, when they are losing, they will chase their losses, thinking that if they win, they will immediately recover all their losses. So as long as possible, when the losses are big,
just accept the loss and then move on.

junder

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Quote from: rachael9385 on December 18, 2024, 02:25:04 PM

Absolutely.
Actually those gamblers that focuses on winning only are the type of gamblers that gamble for profits, so it's very hard for them to accept their losses. However, when a gambler have wagered and lose, he or she is supposed to know that gamble is not a game that will provide steady winning for them. A gambler can only win when he's lucky and when you are not 100% lucky there's no amount of try or hard works that will ever make you win. So the important knowledge a gambler should have is to know that gamble is for fun and also know the specific amount that they can afford to risk.

The right fact, indeed with those who cannot accept themselves experiencing defeat because they gamble with the aim of seeking profit so they are not ready to lose so that what can happen when they experience defeat is a risky action such as chasing victory or wanting to recover losses only this allows them to lose more money because chasing victory which in fact victory itself is not certain.
Victory in gambling is indeed based on luck, it is a big possibility, some of them believe in having a strategy to be able to get victory with certainty and in my opinion that is one of their drivers to gamble blindly by ignoring the risk of loss which is actually greater than the chance of profit.

EarnOnVictor

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Quote from: DaNNy001 on December 17, 2024, 04:49:45 PM

Quote from: 2Pizza410000BTC on December 12, 2024, 05:45:50 PM

Quote from: Oshosondy on November 21, 2024, 08:30:40 AM

Quote from: Davidvictorson on November 21, 2024, 08:27:23 AM

Take a break.

This is very important. He should even quit gambling for many months or for like a year. He should start to gamble again, but with little amount of money. The money should not be more than 1% of his weekly income. If he sees himself still addicted, he should stop gambling again. This was how I overcame gambling addiction. He should not see gambling as a means of making money will help in stoping gambling addiction.

Actually, willpower is the biggest thing. If you do not have willpower, then you cannot get out of any addiction by doing anything. You had enough willpower, due to which you were able to overcome the addiction to gambling very easily. But yes, if someone keeps thinking about that loss after a big loss and keeps participating in one gambling game after another, then he may be addicted to gambling. He should definitely take a rest after a big loss. If necessary, he should refrain from gambling for some time and even then, if he wants to participate in gambling, he should participate in gambling with a very small amount of money just for entertainment, but I think it is better for him not to participate in gambling at that time. He should focus on religious work and play games with friends in the field for entertainment.

I think it's because they actually lack the will powers thats why its called an addiction moreover i believe only a few percentage of gamblers actually save themselves from the problems they face with gambling. Addiction is better delt with when you have other things that fills up that space and for many gambling is what keeps them driving which if you are that type then it would be definitely hard for you to keep up or stop yourself.

The willpower to say No to gambling is what they lack, but still, in my peripheral belief, more gamblers are not addicted than the addicted ones. This is against what you said and if more gamblers are addicted as you claimed, then you will see more irresponsible acts than we see today. Above all, let us strive to be responsible gamblers, there's nothing better than this as it helps preserve our finances and sanity as humans.

red4slash

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Quote from: rachael9385 on December 18, 2024, 02:25:04 PM

Actually those gamblers that focuses on winning only are the type of gamblers that gamble for profits, so it's very hard for them to accept their losses. However, when a gambler have wagered and lose, he or she is supposed to know that gamble is not a game that will provide steady winning for them. A gambler can only win when he's lucky and when you are not 100% lucky there's no amount of try or hard works that will ever make you win. So the important knowledge a gambler should have is to know that gamble is for fun and also know the specific amount that they can afford to risk.

The problem is that this kind of urge is sometimes difficult to stem because after all, when gamblers have tried to be serious in a game, sometimes wanting victory is a common thing because this is indeed a form of us who want to show the nature of domination over ourselves so that sometimes we always forget about control because we focus on the victory that we keep thinking about.

I think everyone must be aware of that, it's just that when you start to play gambling, this rational thinking just seems to disappear because we are too focused on wanting to win in the end.
So by looking at this situation it is actually very easy to become a gambling player but sometimes not everyone is capable enough to think more clearly when gambling is being done which makes many people trapped in an addiction that is difficult to avoid.

rachael9385

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Quote from: Frankolala on December 18, 2024, 02:14:37 AM

Quote from: Strongkored on December 17, 2024, 08:55:45 PM

Quote from: Onyeeze on December 17, 2024, 04:51:40 PM

It is people who is not a lover of gambling that will be upset whenever they lose in gambling and you should know that the gambling has advantages and they disadvantages and the disadvantages in gambling is higher than the advantages so I want us to understand such thing knowing that in gambling you can make money and they also in that money you can lose so when you lose in gambling you don't need to think otherwise and you don't need to regret participating in gambling knowing that it is a game of opportunity and we cannot be opportune to win gambling frequently so when you lose continue to attempt one day you might win on the recover everything that you have lost in gambling

In other words, make gambling just for fun, fun here does not mean not losing money because it is impossible not to lose money in gambling, but if gamblers can consider this as fun then it will not damage their finances which is very likely to happen because they want to recover their losses because they cannot accept it, so accept defeat like we accept victory so that we can stop at any time.

Exactly, some gamblers are only after accepting victory and not losses. This is where they are getting it all wrong about the concept of gambling, because it's for both profit an d loss. Therefore, those that cannot accept defeat because it will make them feel that they are weak or losers will continue chasing their losses because they fail to understand that losses is inevitable in gambling.

Absolutely.
Actually those gamblers that focuses on winning only are the type of gamblers that gamble for profits, so it's very hard for them to accept their losses. However, when a gambler have wagered and lose, he or she is supposed to know that gamble is not a game that will provide steady winning for them. A gambler can only win when he's lucky and when you are not 100% lucky there's no amount of try or hard works that will ever make you win. So the important knowledge a gambler should have is to know that gamble is for fun and also know the specific amount that they can afford to risk.

Litzki1990

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When a gambler loses a lot of money by gambling, he naturally gets depressed because of that money and may make many wrong decisions at that time.

After losing a large amount of money, the gambler should be given more support at that time so that he does not make any wrong decisions. And to the gambler I would at least advise him to stay away from gambling for a few months. Although it is difficult to decide to stay away from gambling after losing a lot of money, it is something every gambler should do for their own good and for the safety of their money. However, most gamblers do not do this, instead, when they lose a large amount of money, they bet more money, only to find that they later lost the amount they gambled with. So no decision can be taken out of anger or out of one's own emotions, decisions like this will always backfire.

Inwestour

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Quote from: Onyeeze on December 17, 2024, 04:51:40 PM

It is people who is not a lover of gambling that will be upset whenever they lose in gambling and you should know that the gambling has advantages and they disadvantages and the disadvantages in gambling is higher than the advantages so I want us to understand such thing knowing that in gambling you can make money and they also in that money you can lose so when you lose in gambling you don't need to think otherwise and you don't need to regret participating in gambling knowing that it is a game of opportunity and we cannot be opportune to win gambling frequently so when you lose continue to attempt one day you might win on the recover everything that you have lost in gambling

I think that everything is determined by the bet size, if you can determine for yourself a bet that cannot affect you in case of loss, then you need to stick to it and never increase it. If you play for fun, then in this case I admit that the bet size that can be comfortable for the average player can be about $ 5. This is enough for playing for fun and I think that losing such a bet will not be a problem for anyone. And if you manage to win in gambling, then you can increase the bet, but this is all under your responsibility.

Frankolala

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Quote from: Strongkored on December 17, 2024, 08:55:45 PM

Quote from: Onyeeze on December 17, 2024, 04:51:40 PM

It is people who is not a lover of gambling that will be upset whenever they lose in gambling and you should know that the gambling has advantages and they disadvantages and the disadvantages in gambling is higher than the advantages so I want us to understand such thing knowing that in gambling you can make money and they also in that money you can lose so when you lose in gambling you don't need to think otherwise and you don't need to regret participating in gambling knowing that it is a game of opportunity and we cannot be opportune to win gambling frequently so when you lose continue to attempt one day you might win on the recover everything that you have lost in gambling

In other words, make gambling just for fun, fun here does not mean not losing money because it is impossible not to lose money in gambling, but if gamblers can consider this as fun then it will not damage their finances which is very likely to happen because they want to recover their losses because they cannot accept it, so accept defeat like we accept victory so that we can stop at any time.

Exactly, some gamblers are only after accepting victory and not losses. This is where they are getting it all wrong about the concept of gambling, because it's for both profit an d loss. Therefore, those that cannot accept defeat because it will make them feel that they are weak or losers will continue chasing their losses because they fail to understand that losses is inevitable in gambling.

ethereumhunter

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Quote from: Strongkored on December 17, 2024, 08:55:45 PM

Quote from: Onyeeze on December 17, 2024, 04:51:40 PM

It is people who is not a lover of gambling that will be upset whenever they lose in gambling and you should know that the gambling has advantages and they disadvantages and the disadvantages in gambling is higher than the advantages so I want us to understand such thing knowing that in gambling you can make money and they also in that money you can lose so when you lose in gambling you don't need to think otherwise and you don't need to regret participating in gambling knowing that it is a game of opportunity and we cannot be opportune to win gambling frequently so when you lose continue to attempt one day you might win on the recover everything that you have lost in gambling

In other words, make gambling just for fun, fun here does not mean not losing money because it is impossible not to lose money in gambling, but if gamblers can consider this as fun then it will not damage their finances which is very likely to happen because they want to recover their losses because they cannot accept it, so accept defeat like we accept victory so that we can stop at any time.

Yes, lose in gambling will be too big if we lose control so we must know that is the time to stop gambling. We must leaves the casino immediately and not look back because that can makes us want to keep playing gambling and spend more money. We don't want to see more losses so we will decide to stop gambling and distract our minds from thinking about gambling.

We must use gambling just for fun to avoids the big lose. If we can treat gambling as an entertainment, we know that we will not takes too long to stay in the casino. We realize that if we stay too long in the casino, we will tempt to keep playing gambling and that means, we will spends more money and that can cause us lose too big.

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Quote from: SuperBitMan on December 17, 2024, 10:37:08 PM

You made a very important points and I think if followed will really help in making someone that lost big to be calm however your advise about telling someone If you are telling someone it should be someone that is also a gambler and you know has lost big too such a person will strengthen you more because he has been in that situation before and with his words and advice you will be able to come out of that pain.
Someone that has faced a challenge and came out of it is the best to meet when you are facing same challenge.

You are absolutely right and I agree wit you, it is commonly said that iron sharpeneth iron, this simply means that it take a strong person to make another potential strong person strong.

Telling a non gambler, or someone who haven't really seen or experienced a great losses about your great losses only leads to being judged most of the time, you begin to hear them throw blames at you, call you a big fool for making such a mistake, all this; instead of showing empathy and saying things to help alleviate the pain and regret that is already built up inside the you (the gambler).

So, what you said is very true, it is better to keep ones problem to one's self if there are no worthy persons around to share such issue with.

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I am very simple:

1.-Accept,
2.-Don't stress.
3.-Don't blame yourself, it is inevitable.
4.-Don't think about getting revenge on the casino.
5.-Don't gamble as soon as you lose, thinking that you will recover what you lost.

If we comply with the 1st it is enough for anything, some people just leave and try again, and that should not be done, because it is losing more money, we must accept what happens, and if we are responsible people we must have enough money in our pocket to meet the demands of our daily life.

SuperBitMan

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You made a very important points and I think if followed will really help in making someone that lost big to be calm however your advise about telling someone If you are telling someone it should be someone that is also a gambler and you know has lost big too such a person will strengthen you more because he has been in that situation before and with his words and advice you will be able to come out of that pain.
Someone that has faced a challenge and came out of it is the best to meet when you are facing same challenge.

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Quote from: Onyeeze on December 17, 2024, 04:51:40 PM

It is people who is not a lover of gambling that will be upset whenever they lose in gambling and you should know that the gambling has advantages and they disadvantages and the disadvantages in gambling is higher than the advantages so I want us to understand such thing knowing that in gambling you can make money and they also in that money you can lose so when you lose in gambling you don't need to think otherwise and you don't need to regret participating in gambling knowing that it is a game of opportunity and we cannot be opportune to win gambling frequently so when you lose continue to attempt one day you might win on the recover everything that you have lost in gambling

I disagree because there are still gamblers out there that love gambling, but they still feel a bit of an upset because they lost money in gambling.

Maybe the difference between a gambling lover and not is that those gambling lovers already know what to do when they lose or win in gambling so they might feel a bit of an upset, but it's just temporary and as time pass by, they will just move on. Those who aren't gambling lovers will feel upset and might make unnecessary decisions after losing money. I agree with what you said though that gambling has more disadvantages than advantages (just based on my experience) and if you go and gamble, set your mind to a point where you will feel okay if you lose your money so that you might feel upset, but not for a long time.

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Quote from: Distinctin on December 17, 2024, 05:55:34 PM

Quote from: Onyeeze on December 17, 2024, 04:51:40 PM

It is people who is not a lover of gambling that will be upset whenever they lose in gambling and you should know that the gambling has advantages and they disadvantages and the disadvantages in gambling is higher than the advantages so I want us to understand such thing knowing that in gambling you can make money and they also in that money you can lose so when you lose in gambling you don't need to think otherwise and you don't need to regret participating in gambling knowing that it is a game of opportunity and we cannot be opportune to win gambling frequently so when you lose continue to attempt one day you might win on the recover everything that you have lost in gambling

There's no certainty in gambling. If you're lucky, you'll win, if not, you'll lose. But never expect that gambling can bring you substantial profits consistently because the casino will definitely be against on it. Instead, play for fun and entertainment, making profits will only be a bonus if you're that lucky. That's the best way so you won't be disappointed with whatever the result of your betting.

When we do speak about gambling then results will never be known and it it will never be, the wrong thing about other people is that they do become that desperate because of the wrong hopes that they do have towards gambling. The bad thing about is that on the moment that they do become that experiencing up some winning then they do become greedy and on the moment that they do lose up money then this is the time that they do really that chasing up that loses on which this will really be resulting for them to lose even more. When you are losing then always better to consider on stopping than on depositing even more. People do mess up their lives because of such bad situation.

Topic: 5 Things to do After a Huge Loss in Gambling. - page 9. (Read 4437 times)