Topic: After losing the money in gambling,what is your strategy - page 4. (Read 993 times)

Normally, we cry when we've worked hard the money that we used to gamble. And upon losing it, it's not just about losing the money but also losing all of the times that we've spent for earning that money and that's why we become emotionally which is normal when we realize at the end how we lost a lot even if the amount we gambled is small for the others. No effort can be par with that amount when it includes our time, effort, energy and attention.

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.

Normally, we cry when we've worked hard the money that we used to gamble. And upon losing it, it's not just about losing the money but also losing all of the times that we've spent for earning that money and that's why we become emotionally which is normal when we realize at the end how we lost a lot even if the amount we gambled is small for the others. No effort can be par with that amount when it includes our time, effort, energy and attention.

Taking loan to be use as a bankroll to win back his losses will further result to more losses if he fails, that's really a risky move. We have different strategies or things we do when losing money for instance I would stop for a mean time to calm down myself and not to try to win back the losses I've done and play again once I accept that it's already lost.

Additionally, if we are going to consider the risk involved, i don't think such should even be regarded as a strategy, instead a stupidity, from the first place, taking loan is not a good idea for starting a business and not to talk of using it for gambling purpose, with this kind of decisions, so many gamblers have be thrown into divers categories of troubles at the cause and there is no how they can see gambling as fun anymore with this than frustration because they are busy running after what they may not be able to achieve with the loan taken.

The solutions or advices that you give to your friend will likely be ignored after he gets the loan.
I dont think anyone can stop him to gamble again with that money.
But the important thing is that you have told him, and hopefully he can win with that money.
If he loses again, then he will realize that what you said is true and it will be a very hard lesson for him which is sometimes necessary in such conditions.

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.

It seems to me that you don’t need to be a genius to look around and understand that most gamblers are always at a loss and only very rare lucky ones win the jackpot. It is no less easy to see that those who go to work and work there receive at least a salary that allows them to cover many of their vital needs. I say this because his friend understands everything perfectly, but as long as he has a choice between gambling and ordinary life where he has to work, he will choose gambling. But at some point life will force him to make a different choice  

This is the worst decision that he has taken, using loaned money to go back to gambling, and with such a mindset, he is likely to lose all of it to gambling, and that's when he will realise he has made a mistake. 
 
Your friend needs help; he is addicted to gambling, but you might not know. His family is in a financial crisis, yet he chooses to play with money that could be used for other things, and when things go sideways, they will suffer together, not just him.

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.

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 “.

This is too risky a decision. Borrowing money to gamble is already a bad thing to do, and this is even worse when you have already lost money. The mentality of regaining back his loses can harm him, and debt will pile up on debt.

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.

I have even cried and I have to move forward, because losing money like that is difficult, I have lost more than what I have won, I cannot say that I have won big, what I have won the most has been 25usd and that is the equivalent so that I don't retire from the game at once.

When we experience a loss, especially a fairly large loss, it is true what you said that the first step we must take is to withdraw from the game to take a break from the activity and think seriously about dealing with what happened. Because it is possible that the defeat we experienced was caused by our own carelessness without realizing it. Gambling is full of thrill and excitement, so someone could unknowingly lose a lot of money in just one time. So the next step we have to take is to find a solution to overcome this error. Namely by increasing our knowledge and skills in the type of gambling we play to maximize the possibilities in each game, as well as improving the way we manage money and implementing limits regarding the amount of money used. issued for gambling. And being able to use our loss experiences as lessons for the future.

When we experience a loss, especially a fairly large loss, it is true what you said that the first step we must take is to withdraw from the game to take a break from the activity and think seriously about dealing with what happened. Because it is possible that the defeat we experienced was caused by our own carelessness without realizing it. Gambling is full of thrill and excitement, so someone could unknowingly lose a lot of money in just one time. So the next step we have to take is to find a solution to overcome this error. Namely by increasing our knowledge and skills in the type of gambling we play to maximize the possibilities in each game, as well as improving the way we manage money and implementing limits regarding the amount of money used. issued for gambling. And being able to use our loss experiences as lessons for the future.

it's hard to give advice to people who only want to follow their own beliefs, Imagine? Your suggestion is good that maybe it is better to find a job to have a fixed income and it will help to reduce their debts but in the end, he chose to continue gambling because of the belief that when something is lost, there is better replacement, He didn't know that what he was doing was only bringing himself closer to an even worse problem. it's hard to give advice to people who only want to follow their own beliefs, Imagine? Your suggestion is good that maybe it is better to find a job to have a fixed income and it will help to reduce their debts but in the end, he chose to continue gambling because of the belief that when something is lost, there is better replacement, He didn't know that what he was doing was only bringing himself closer to an even worse problem.

Any loss, and especially a big loss, is a reason to think about it. The most important thing you should do (if you haven't already) is stop playing. It is obvious that you have made one or more serious mistakes. Perhaps these are errors in game forecasting, in risk management, in money management, or some other error. But the fact of the error is obvious. You must come up with a solution that will help you neutralize these errors in the future. Otherwise, further continuation of the game is pointless.

It is quite sad that your friend did not realized that he has done to much misery to his family.  I understand your friends eagerness to recover the money but he should have realized that the more we chase losses and aim to recover in gambling the more we lose since our decision is greatly affected by the desire to recover the amount. 

I am with you in suggesting your friend to stop gambling (for the meantime) and look for a stable job and pay for his debt first before going back to gambling.  or if your friend can't stop gambling, he still needs to look for a stable job, and allocate a certain percentage of his income to paying the debt, fund for gambling, and family needs, obviously he must prioritize the expenses for the needs of his family. 

But it looks like your friend is somehow stubborn and keep on insisting that he can recover his losses.  I think you can't do anything in this situation and let your friend be, at least you had adviced him of the right thing to do, it is up to him if he will heed it or not.