Topic: After losing the money in gambling,what is your strategy - page 3. (Read 2036 times)

I don’t know if your friend is not possessed by something else. Why on earth will you make such a big mistake? You have done this before without having anything tangible. That alone is not enough reason for you to stay off gambling, but due to addiction and going after your losses to see if you can actually succeed in it, I won’t say anything for now because your friend will definitely regret his decision of putting in the money that he wasn’t able to get as a loan into gambling because gambling is a game of luck and they are people that will never find that luck in gambling to win anything; they are just there to lose, and with a slight doubt, I will say your friend is among them.

Exactly, the way to minimize losses is not to add to other losses, meaning you have to stop betting and never add other funds to recover losses, because there is no guarantee that you can recover losses and you will even add higher losses. So the basic rules of gambling must be to set a gambling budget as minimum as possible for gambling use, this is to prevent you from getting depressed and stressed from losing gambling and also anyone will not have a problem with losing minimal funds in gambling.

Exactly, the way to minimize losses is not to add to other losses, meaning you have to stop betting and never add other funds to recover losses, because there is no guarantee that you can recover losses and you will even add higher losses. So the basic rules of gambling must be to set a gambling budget as minimum as possible for gambling use, this is to prevent you from getting depressed and stressed from losing gambling and also anyone will not have a problem with losing minimal funds in gambling.

Exactly, the way to minimize losses is not to add to other losses, meaning you have to stop betting and never add other funds to recover losses, because there is no guarantee that you can recover losses and you will even add higher losses. So the basic rules of gambling must be to set a gambling budget as minimum as possible for gambling use, this is to prevent you from getting depressed and stressed from losing gambling and also anyone will not have a problem with losing minimal funds in gambling.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

The worst mistake any gambler can ever make is chasing your losses after losing money, learning risk management is very important
Even if there's a possibility that you might recover, the best strategy is to do nothing for a while, give yourself a break, this is where self control comes in.. chasing your losses or using the martingale system might just put you in a more precarious situation
If it's a casino game just do your best not to play again, find other things to do to get your mind off it
Always tell yourself that the money you lost is gone, don't try to get it back, instead learn from your mistakes and move on

The worst mistake any gambler can ever make is chasing your losses after losing money, learning risk management is very important
Even if there's a possibility that you might recover, the best strategy is to do nothing for a while, give yourself a break, this is where self control comes in.. chasing your losses or using the martingale system might just put you in a more precarious situation
If it's a casino game just do your best not to play again, find other things to do to get your mind off it
Always tell yourself that the money you lost is gone, don't try to get it back, instead learn from your mistakes and move on

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

When I lose a handsome amount of money in gambling I stop gambling for a few months or even a year. When I feel refreshed and have a good amount of money then restart gambling and I play until I become a handsome amount winner or a loser once again. I stop again when I become a handsome amount loser or winner.

My strategy after losing is taking it like a man. I usually bet low amounts of money so a loss isn't anything, but a little pain and disappointment, that's it. Life goes on.
Borrowing money would be the last thing on my mind, I can tell you that.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.

In gambling many people thinking that if you lose a money in gambling that you need to withdraw to participate in gambling in a longer so from me I understand that the gambling is a continuous process and it is a something that you win with opportunity and without opportunity you will not be able to understand the procedures of gambling so if you fail to win gambling I think the best strategies is to restrategize in order to ensure that you have a positive plan against the next time in gambling so I believe that you have to plan yourself for you to make it in gambling without that you continue to lose or experience losses in gambling

There are many people who once face a loss in gambling then withdraw themselves from gambling and withdraw all their balance from their gambling account. Basically it doesn't mean to take some lessons from where the loss came from and make yourself fitter afterwards. Of course, those who are experienced, when they lose in gambling, must keep quiet and calm themselves down for some time and think about what plan to take. Experienced gamblers never take gambling as their main source of income. They never continue to bet after a loss to recover past losses.

If you're good gambler you should know when to stop, if the losing is higher than the winning you should take a break and learn more that the sport. But never quite,  you have to reduce your stakes and hit the bookies hard. For the past two weeks I was on break, I resumed yesterday and I won. Gambling is a winner takes all game. As you're playing to win, the bookies are praying you lose.

But don't be addicted to the extent you borrowe money to play, play with your spare money, don't depend on it as ur only source of income, you won't succeed.

There are many people who once face a loss in gambling then withdraw themselves from gambling and withdraw all their balance from their gambling account. Basically it doesn't mean to take some lessons from where the loss came from and make yourself fitter afterwards. Of course, those who are experienced, when they lose in gambling, must keep quiet and calm themselves down for some time and think about what plan to take. Experienced gamblers never take gambling as their main source of income. They never continue to bet after a loss to recover past losses.

In gambling many people thinking that if you lose a money in gambling that you need to withdraw to participate in gambling in a longer so from me I understand that the gambling is a continuous process and it is a something that you win with opportunity and without opportunity you will not be able to understand the procedures of gambling so if you fail to win gambling I think the best strategies is to restrategize in order to ensure that you have a positive plan against the next time in gambling so I believe that you have to plan yourself for you to make it in gambling without that you continue to lose or experience losses in gambling

Whenever money is involved we need to have a strategy in place so we can deal with the losses we may suffer or the profits we may enjoy, the issue is that many see as gambling as a source of entertainment and they do not want to take the time to create such strategy as they see it as work they do not want to do, a posture I understand but that I cannot possibly share, since most of the gamblers that suffer great losses are the ones that did not took the time to plan what to do under every circumstance.