Topic: Chased loss, got it back and lost everything. - page 5. (Read 825 times)

Yeah lots of us can relate that scenario since there are situations that we choose to continue then test our luck to recover our losses and all has been granted since everything is in favor on our side. But what bad thing happen is we continue to gamble and he greedy in situation since we think there's a chance to earn more.

But turns out we got out of luck and lose everything on hand. This scenario is really depressing and realization stage will come then we usually say after this that we will not do this actions again since we will experience the same unfortunate experience again if we continue to abusive or in out of control situation.

Yes, it's a common scenarion faced by many compulsive gamblers. They just don't stop until losing everything, what means there are highs and lows along the way, which involve them being able to recover considerable sums of lost money, what increases their personal confidence and morale to continue gambling pursuing even higher goals, until the final loss inevitably hits them so hard that nothing else can be done, besides stopping gambling, since there isn't money available anymore.

In fact, it must be very rare to find a successful story of a gamble who got every of his losses back, and then quitted gambling from that moment on, maintaining a history of profit for the rest of his life. If you find a story like that, please share with us and don't hesitate in creating a new thread talking about this achievement, which must be one in one million!

Interesting, this kind of gamble addiction need a great loss to stop gambling, the story is totally different from other addict sharing their experience. It seems the person in question want to try the possible best to stop but the urge keep coming or the mindset of wanting more, wanting more is never guarantee as this is one of the reason people still go back and gamble hoping for a positive result rather the person is growing an improper habit whereby they can’t do without gambling wins. I experienced similar story that happened in a casino shop, when the gambler won a bet he never expected but, the amount is worth gambling. This gambler had a wrong impression gambling again with the money he won the next day, everyone watched him finish everything again. I thought about gamblers who gamble and refuse to do something meaningful with the money because this is another problem most gamblers face.

This happened to me last month and I've since taken a step back to do some reevaluation because it happened really fast and I made really stupid decisions.

• Took an L with Liverpool, got around 50% of lost value back with Leverkusen
• Decide to reach breakeven point by betting on Arsenal at home against Aston Villa. What happened? Aston Villa won 0-2 at the emirates.
• At this point, I got really desperate since I've not only lost the initial but even the 50% I recovered was lost too and I went all in on Inter. That's the day Inter drew 2-2 after a long winning streak.

I've always heard and read about scenarios like this in the forum but now, I have my own experience.

True, that's why I have my own records or I mean way of keeping track on what is currently happening to my finds in gambling, for example in a week I will allocate $100 worth of funds just for gambling and I have my spreadsheet for that week and every gamble, bet or what I always keep track on it, what amount I used and how much I lost or won, so basically all movements I do in gambling is recorded and from that I will saw if my capital is growing or not, I simply created my own spreadsheet will calculations and such, like an advanced spreadsheet well its easy for an IT graduate, anyway I would say that tracking is important if you value your money or if you want to know if your money is still good or not, in that way you will know when to stop or not.

I have seen gamblers win big and then lose it all but in many cases they hold on to that money without spending it. But if you become more profitable and addicted to making lots of money, you will continue to bet until you lose all money or make double money. This is not really a result of gambling addiction but in most cases it can be because the gambler wants to win before he leaves the casino hall and your greed increases. Many people take money loans so that they can get back all the lost money, but it can be seen that they also have a big financial crisis.

Scenarios like this are very possible in the world of gambling. Especially for those who are not able to control themselves and their emotions well when gambling, this often encourages them to behave impulsively which only causes losses in the long term. Where they continue to gamble and place bets, even though they have previously experienced many losses or experienced consecutive losses. They continue to gamble and place bets in the hope that the losses experienced previously will be recovered quickly in the next gambling session, but in the end the wins never come and the losses keep coming. they do so only to find themselves falling deeper into ruin with every gambling session they play and every bet placed.

And this is a very dangerous gambling cycle, which will only make the individual more attached to maladaptive gambling behavior, or a feeling of continuing to chase losses that is not driven by the desire to get rich but worse than that, they gamble freely. control.

And this illustrates the strength of the gambling addiction that the individual experiences. And to prevent this from happening in our gambling lives, it is quite important to be aware of all forms of risks caused by irresponsible gambling activities, and about how important it is to take a responsible attitude towards gambling.

Sometimes, most gamblers don't even keep tracks of their gambling records; Yes! That could help you understand if you're making profit or not. Secondly, it could also help control your habits/ how much/ how often you increase your bankroll.

The thing is; For the fact that your mind is already programmed to win more money if your prediction cuts, and that your selections has either fetched you something good before, you're enticed to keep wagering as long as you have funds on you. It doesn't cut? No worries! Just keep wagering, it definitely will ^{[That's how manipulative your mind can be]}

Trying to win back your loss is not what I encourage people to do when they are gambling, trying to win back your loss might end up making you lose more money. Some people might be lucky to be able to win back the amount they have lost in gambling at that particular moment, but after winning back the amount they have lost, some of them might think it’s their lucky day, so they will want to keep on gambling, maybe they will be able to make some money after winning back their loss, but in the process of doing that, they are going to lose everything back to gambling. Seriously, I call that greediness.
 
When you are gambling, you should always know when you are supposed to stop gambling. Even when you are winning continuously, you should always know when to stop because time will come when you are definitely going to start losing, so it’s just better you stop before you start losing back the money you have won.

I have also seen sports betters who also used a lot of their money to bet and ended up losing. A one of those cases one of the gamblers who lost emailed the gambling company to appeal for them to refund his money. We cannot talk about gambling addiction enough. It is on The rise and there is a need for a concerted effort from everyone to speak up and fight it.
People are also motivated to chase their losses from the examples of others who chased losses and won. And these examples are not far fetched there are regular people like friends and they want their story to be the same as well. This doesn't always go to our favor. The house edge is always at play.

This is practically a feeling every veteran gambler who is some obsessed must have experience because it's way too common and the only set of person who wouldn't have experience this are the once who really practice that habit of playing gambling for fun because they tend to keep their habit in check and don't go out of lane when gambling.

Although this kind of attitude is common among compulsive gambling but it's not only compulsive gamblers that exhibit such characters. While gambling, one can just get carried away by their emotion and before you know it, you are already going against your own will. I know that some people will say that it's only a compulsive gambler that can do such or that when a gambler exhibit such an act, then it's a synthom of addiction but in some cases it's not really what it is. It has happened to me frequently and mostly if am playing some slot games, particularly "crash". I easily get carried away and before you know it, I have lost all the money I won.

I have seen that with some gambling streamers, they get deep in the hole, then come back, and then lose it all. That's why it's important to know when to stop and to have a limit, because if you don't have one then you will lose all at the end of the run.

And the feeling about recovering and losing it all should be terrible, i haven't experienced it but i can imagine.

You are not alone in this experience although sometimes chasing your loses may be a bit lucky Stake where you win well and be able to even make some gains from it, although gambling is full with loses but we shouldn't also eliminates the possibility of winning, this is most important to note, although since the house edge is alway at play in House game's, one need to be careful when chasing the loses in other not to lose more.

It's important to understand the game before you start playing. In gambling you're facing 2 main reasons for liquidation. One is slow liquidation where you play for months, hundreds of rounds and you keep things balanced, but in time house edge cuts into your bankroll and you feel like you're up a bit, because this time you're sending more money to the bank than you had on your casino account, but over the course of 2 or 3 years you're really down a few thousand $. The other is liquidation due to lack of funds. You have a certain balance that goes up and down, like a sine wave, but at one point it goes down below the bottom line, it breaks your bank. It would probably go back up if you could stay in the game but currently you lack money to play and have to face a total loss. That's why if you play long enough you will eventually have to deal with these two problems.

couldn't read through all his posts on that forum, but damn, the dude had so many relapses that I started thinking this guy needs to be put in rehab to help him with his addiction(which he actually needed). I skipped and looked at the very last post and luckily it was his, and from the looks of it, the guy had been gamble-free for 9 months when he made that post. I wonder if he was able to continue his gamble-free streak, reading his last post, he sounded so optimistic that he'll be able to overcome his addiction and I do hope that he does.

I read the story of this gambler who has been addicted to gambling for 10 years. It is deeply touching and calls for empathy towards those who are struggling with gambling addiction because they would have tried a lot of ways to seek for solution to their addiction but it is not as easy.

This is why I am of the opinion that one should not try to beat gambling addiction alone. Returning to gambling addiction after a period of victory can lead the person to being ashamed of themselves. This battle to beat gambling addiction should be a collective one where a community of people with the same struggles help one another to break the destructive pattern before it is too late.

This is why gambling industry is really that profitable into its owners because gamblers couldnt really be able to resist when it comes to playing even further or simply they would really be continuing to play just because they do really know that they do have that kind of confidence that they can win up even further or believing that their luck is still that on their side on that very moment, until they would be busting up themselves in the end of the day on which this could really be that leaving having no money with their accounts or into their pockets. Doesnt matter whether you are involving yourself into online or offline casino
on which this would really be just that the same when it comes to the condition or situation of a certain individual. This is why self control would really be something crucial on this kind of condition on which
it would really be something relevant or something that will really be needed because if you dont then expect that you would be experiencing even deeper loses on which it might lead up that huge regret in the end.

True this is a very familiar case that we often find in the stories of gamblers, but I think it is quite normal because most gamblers are those losers who only want to win but are not ready to accept the fact of losing so when they lose they instead chase losses in the hope of recovering, when clearly in some cases it has been proven that this idea will only make a gambler experience a much greater amount of loss.

This is why from a common sense and rational point of view we are always advised to only bet the amount that we can afford to lose, because with this then it is less likely for us to feel upset and emotional when we lose, and I think this is also the reason why we should not see gambling as a place to earn, Because of course with this mindset then when it turns out that you lose then it is a situation that will make you feel disappointed, but however it is a natural situation because after all gambling is always about winning and losing, so I think the first thing that should be correct here is an understanding of gambling, because by having the right understanding then I think it is less likely for them to do various actions that make no sense.

This used to be a common experience for the majority of gamblers. I personally had the same experience, won big at the beginning, and the same served as an attraction towards gambling. This didn't last longer, when the winning turned big, the expectation to win more made me go for high-value bets from my regular spending. This is how I kept losing, and the winning I experienced during the beginning days gave me hope and made me chase the losses. This wasn't successful for me, and I lost beyond my limits. I realized better about gambling, but at some point I wasn't able to move further as I didn't have the funds to place bets and took a break from gambling.