Chasing looses Vs Finding closure: Any difference? - page 6.

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Quote from: Alphakilo on March 26, 2023, 08:05:03 AM

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

I actually call this the "gambler's cycle" where a person would gamble again in order to regain his losses.

When a person gambles and regardless of the outcome whether he wins or losses, the initial decision is for him/her to gamble again. He/she would want to gamble again in order to test his luck in the event if he wins. Furthermore, he would also attempt to gamble again if he losses in hopes of recovering the loss he just incurred, thereby creating a situation and an endless cycle where he would consistently gamble in the process.

This kind of cycle is potentially destructive and dangerous especially if you lack the necessary discipline to accept your losses as part of the gambling system. That is why if this happens, the person has to force himself to get out of such position (e.g. limiting the cash he brings, etc.) to break this cycle.

Oceat

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Quote from: alastantiger on March 29, 2023, 05:46:09 PM

Both chasing looses and finding closure are on the same page. When a gambler looses in his game he tends to gamble more with the intention to recover his looses with no gaurantee of winning, if he looses he will continue to gamble which leads to chasing looses. He may say to him self that when he wins he will not gamble again. This time he is finding closure that he is not certain about. Either ways, you are either chasing looses or finding closure.
At this point you are at the edge of loosing it all.
Conclusively, you are either chasing looses and finding closure.

Yeah right, it's almost the same since they are not in their right mind during that time and what they need is a fresh air for a moment instead of pushing their luck to the limit. Either way it's not really benefitting to them they just added more problem instead of minimizing their losses. People need to learn when to leave when it's not getting them anywhere especially on chasing losses which is not recommendable at all, so does the martingale strategy.

alastantiger

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Both chasing looses and finding closure are on the same page. When a gambler looses in his game he tends to gamble more with the intention to recover his looses with no gaurantee of winning, if he looses he will continue to gamble which leads to chasing looses. He may say to him self that when he wins he will not gamble again. This time he is finding closure that he is not certain about. Either ways, you are either chasing looses or finding closure.
At this point you are at the edge of loosing it all.
Conclusively, you are either chasing looses and finding closure.

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Quote from: Bushdark on March 29, 2023, 01:03:00 PM

Quote from: darewaller on March 28, 2023, 12:24:33 PM

Quote from: Alphakilo on March 26, 2023, 08:05:03 AM

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

I think the main difference between them is that in finding closure once the gambler wins or successfully recovered his past losses he will never play gambling anymore. That is why it's called "close"-sure while for the chasing losses, there is a chance that the gambler will play gambling again because he is now aiming for pure profits this time but the situation can just repeat again when he fall off from major losses.

Chasing losses is like a never ending battle, much more if you have been jumping from one site to the other, so it's better if we won't just think about our past losses whenever we play gambling as that can only make us crazy.

The differences clear and we should never as a gambler want to get our profits back before we call it a day. The way we gambler should have a limit or else we might become a victim of addiction without knowing how we because so addicted to gambling. We need to be very watchful always because as the process of we planning to find closure, we might end up losing more money along the case. I would always stick to my gambling risk management with a particular amount I can gambler on a particular day. Risk management is very important as a gambler with consciousness.

The most important thing as a gambler on which you should really be that having that kind of approach that gambling should really be for fun and not for making income or making money because its never been

that recommendable on doing so because we do know on whats the risks involved.Dont chase up your losses because this would really be resulting into much deeper losses which is something that we dont really want to happen.This is why its really that recommendable that you should really know on when to stop and when to play or simply that calling it a day.
Further chasing would really lead into more problems.

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Quote from: darewaller on March 28, 2023, 12:24:33 PM

Quote from: Alphakilo on March 26, 2023, 08:05:03 AM

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

I think the main difference between them is that in finding closure once the gambler wins or successfully recovered his past losses he will never play gambling anymore. That is why it's called "close"-sure while for the chasing losses, there is a chance that the gambler will play gambling again because he is now aiming for pure profits this time but the situation can just repeat again when he fall off from major losses.

Chasing losses is like a never ending battle, much more if you have been jumping from one site to the other, so it's better if we won't just think about our past losses whenever we play gambling as that can only make us crazy.

The differences clear and we should never as a gambler want to get our profits back before we call it a day. The way we gambler should have a limit or else we might become a victim of addiction without knowing how we because so addicted to gambling. We need to be very watchful always because as the process of we planning to find closure, we might end up losing more money along the case. I would always stick to my gambling risk management with a particular amount I can gambler on a particular day. Risk management is very important as a gambler with consciousness.

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Quote from: Fivestar4everMVP on March 28, 2023, 04:27:42 PM

Never heard about closure, or what it means until now, I tried Googling what closure really mean, and from the answers I got, it clearly explains that, chasing losses and seeking closure are not the same thing..

Chasing losses is more like revenge gambling, trying in all forceful way to recover what have been lost, the result of this is anger, disappointments, anxiety, anxiousness, this could lead to more losses, which would eventually end in regrets and even more regrets..

On the other hand, to seek closure, in simple terms means accepting your loses, but keep gambling without any negative emotions attached - this is clearly different from chasing losses.

Chasing losses show compulsiveness and being unable to control our emotions. I agree that it's like revenge gambling but there will be no guarantee of recovery or regaining our losses. It's like tryng to beat the house which is actually impossible to happen.
As for me, we couldn't find closure when we chase our losses. We are just attempting to recover our losses by chasing them but they will not satisfy us because they can only cause chaos in the end. In the first place, we should know how to manage our emotions and know our limits.

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Quote from: Alphakilo on March 26, 2023, 08:05:03 AM

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

Source:
https://www.reddit.com/r/gambling/comments/120jc8a/should_i_gamble_until_i_win_so_that_i_can_have_a/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=3&utm_content=share_button

Attempts to return the lost will only aggravate the position of the gambler and he will leave even more of his money in the casino. It's like chasing a shadow: the more you lose, the more you want to return, and this gives rise to new losses. A vicious circle of player addiction from which it is almost impossible to break out on your own, if it has already come to this.

In gambling, you can't let your emotions take over. Either stick to the strategy and increase the deposit, or act thoughtlessly and drain the entire deposit. That guy's story on Reddit is a case in point.

maydna

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Quote from: lienfaye on March 28, 2023, 04:28:15 AM

Exactly. Chasing losses are not the real way to have a closure because we're the one controlling ourselves and there's no need for such condition. Because you're just giving yourself a reason to continue playing for the thinking you need to accomplish this first (winning huge) before you'll quit.

Moreover, trying to recover your losses can only increase the amount that you already lost in gambling. Lucky if you win, but what if the worst happened. Can you bear seeing more losses just because you have to win first before stopping? I don't think so.

And if that's your reason to keep playing, you have to be prepared for big losses because that can happen. And when that happens, you shouldn't be angry or sad because that is the risk behind gambling, even if it's just a basketball or football match or something.

It is very difficult to recover lost losses unless your opposing team gives up and tries to hand over all the money from you in secret but that will not happen. Before we play gambling, we must determine how much our budget is for gambling so that we can take care of ourselves while playing gambling.

Fivestar4everMVP

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Never heard about closure, or what it means until now, I tried Googling what closure really mean, and from the answers I got, it clearly explains that, chasing losses and seeking closure are not the same thing..

Chasing losses is more like revenge gambling, trying in all forceful way to recover what have been lost, the result of this is anger, disappointments, anxiety, anxiousness, this could lead to more losses, which would eventually end in regrets and even more regrets..

On the other hand, to seek closure, in simple terms means accepting your loses, but keep gambling without any negative emotions attached - this is clearly different from chasing loses.

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Quote from: Yatsan on March 28, 2023, 01:02:04 PM

Definitely not; chasing losses will give you the drive to continue playing in order to got back with what have you lose while closure is simply enduring losses and accepting that it is not your 'day'. On my end, it would be much better to set limits and seek for closure whenever you are losing than to seek for revenge. Being to eager to got back will put you at risk for bigger loss. On the other hand, being disciplined won't be achieved in an instant. It is normal to be eager for a comeback given how an individual give importance for losses. It would be easy to say taking a pause would be advantageous but as long as the drive is still there, it is where struggle would start.

But we know that if we do speak about closure then it would always ties up that kind of motive on which you would really be completely stopping if those things had been met like trying out to break even at least
or lessening the overall lost on which this would really be that a common behavior on this case.This is why i could say that there would be some similarities between two but overall it would really be just depending
on how someone would really be planning and sticking on what are those things into their minds.Each person does have their own level of control and discipline towards things which
we cant really be able to criticize on whats up their plans in regarding into their funds.

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Quote from: Yatsan on March 28, 2023, 01:02:04 PM

Definitely not; chasing losses will give you the drive to continue playing in order to got back with what have you lose while closure is simply enduring losses and accepting that it is not your 'day'. On my end, it would be much better to set limits and seek for closure whenever you are losing than to seek for revenge. Being to eager to got back will put you at risk for bigger loss. On the other hand, being disciplined won't be achieved in an instant. It is normal to be eager for a comeback given how an individual give importance for losses. It would be easy to say taking a pause would be advantageous but as long as the drive is still there, it is where struggle would start.

To add to that,I would say people who play slots should come up with a plan already for example I have retained self discipline by applying this strategy,I play with the intention of getting the bonus round from 2-5 times at a maximum and if I hit something I keep playing but if I don't hit something during my session I immediately stop after achieving this number of bonus rounds.I keep choosing providers where the bonus round usually falls easily on the screen compared to other providers that you get the bonus round a bit rare compared to the ones I play and this way I keep myself entertained without risking to chase losses and becoming addicted.

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Quote from: Yatsan on March 28, 2023, 01:02:04 PM

Definitely not; chasing losses will give you the drive to continue playing in order to got back with what have you lose while closure is simply enduring losses and accepting that it is not your 'day'. On my end, it would be much better to set limits and seek for closure whenever you are losing than to seek for revenge. Being to eager to got back will put you at risk for bigger loss. On the other hand, being disciplined won't be achieved in an instant. It is normal to be eager for a comeback given how an individual give importance for losses. It would be easy to say taking a pause would be advantageous but as long as the drive is still there, it is where struggle would start.

IMO, this is like a double edged sword. On the one hand, we know very well, that if we chase losses, what will usually happen is getting even bigger losses. referring to the OP's thread, I have a feeling the OP is just trying to find a justification instead of finding closure. especially if I read from page one onwards, almost most of the community says the same thing. therefore I say, that it is like a double-edged sword. why, because, not infrequently we ourselves are often in a dilemma when we experience defeat during a gambling session. also, we often follow our emotional urge to re-deposit. whether it's for reasons of mere curiosity, or, getting a strong urge to chase losses by gambling again.

I'm pretty sure, almost all of us who are active in gambling are always faced with situations like this. Well, this problem is the most difficult part for gamblers. well, IMO, I prefer to prioritize and say "responsibility" than with the words "discipline". although basically the essence is the same, but the meaning will be different. by being responsible, at least we will have more self-control. Anyway, overall I agree with what you said.

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Quote from: darewaller on March 28, 2023, 12:24:33 PM

Quote from: Alphakilo on March 26, 2023, 08:05:03 AM

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

I think the main difference between them is that in finding closure once the gambler wins or successfully recovered his past losses he will never play gambling anymore. That is why it's called "close"-sure while for the chasing losses, there is a chance that the gambler will play gambling again because he is now aiming for pure profits this time but the situation can just repeat again when he fall off from major losses.

Chasing losses is like a never ending battle, much more if you have been jumping from one site to the other, so it's better if we won't just think about our past losses whenever we play gambling as that can only make us crazy.

I think the percentage to cover the number of our losses in the past is a very small thing, in fact I would say it is something that probably won't happen. If we chase defeat in gambling then it's the same as inviting the next defeat.
Like this, for example we play gambling spending $ 1000 a month, when we win it is no more than we have spent, so we will continue to chase the rest we have spent at the beginning. Will it make our lost money back? it will not be able to guarantee this, in fact the most likely thing is that we will return to spending the money from our winnings earlier. So the more we chase to cover losses, the more we will lose.

Yatsan

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Definitely not; chasing losses will give you the drive to continue playing in order to got back with what have you lose while closure is simply enduring losses and accepting that it is not your 'day'. On my end, it would be much better to set limits and seek for closure whenever you are losing than to seek for revenge. Being to eager to got back will put you at risk for bigger loss. On the other hand, being disciplined won't be achieved in an instant. It is normal to be eager for a comeback given how an individual give importance for losses. It would be easy to say taking a pause would be advantageous but as long as the drive is still there, it is where struggle would start.

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Quote from: lienfaye on March 28, 2023, 04:28:15 AM

Quote from: Fredomago on March 27, 2023, 05:44:01 AM

Quote from: lienfaye on March 27, 2023, 12:09:19 AM

Quote from: Alphakilo on March 26, 2023, 08:05:03 AM

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

Well, I think it's just an excuse to continue what he used to. If you want closure do you have to win to recover your losses? (Remember that it would be hard also to stop if you already win huge since you might think you need to play again since you're lucky). What if you didn't manage to win according to plan, that means you'll continue until it happened?

There's no need for a closure, if you want to stop then stop. Don't give excuses because it just shows you really can't or you don't want to.

No need for anything but just to follow what you need to do, stopping is the key in order not to suffer for more losses, if you continue to play in aiming that you need to win first before you will stop then the risk of getting more addicted can happen. Same with what you said, what if you keep winning while enjoying the game, instead of quitting while you still have that chance to recover your losses but decide to push for more wins, the outcome will be the same.

The chance to lose back all those winning money is not impossible, then what will you do next? try to play and wait again for another chance?

I don't see it that way, stop and move forward nothing more.

Exactly. Chasing losses are not the real way to have a closure because we're the one controlling ourselves and there's no need for such condition. Because you're just giving yourself a reason to continue playing for the thinking you need to accomplish this first (winning huge) before you'll quit.

Moreover, trying to recover your losses can only increase the amount that you already lost in gambling. Lucky if you win, but what if the worst happened. Can you bear seeing more losses just because you have to win first before stopping? I don't think so.

That's true and also the sad part when you are trying to recover your losses you will see yourself instead of recovering you are losing more and the adrenaline and the satisfaction in playing the game will increase the needs, you should stop if you wanted to stop and there's nothing to think or to consider just do it all at once.

In that way you will limit and avoid more damages from your finances and you will be able to quit and forget about this activity.

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Quote from: Alphakilo on March 26, 2023, 08:05:03 AM

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

I think the main difference between them is that in finding closure once the gambler wins or successfully recovered his past losses he will never play gambling anymore. That is why it's called "close"-sure while for the chasing losses, there is a chance that the gambler will play gambling again because he is now aiming for pure profits this time but the situation can just repeat again when he fall off from major losses.

Chasing losses is like a never ending battle, much more if you have been jumping from one site to the other, so it's better if we won't just think about our past losses whenever we play gambling as that can only make us crazy.

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Quote from: 348Judah on March 27, 2023, 05:10:46 AM

Quote from: Alphakilo on March 26, 2023, 08:05:03 AM

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure.

To me everything amount to a chase in uncertainties because you can't predict what the outcome of what you're after may bring, if you think chasing after losses recovery will help you bring back the losses made by continuous attempts may bring nothing than a grid luck, the two as you have asked are different but it depends on the way the gambler apply it in his own situation, don't always believe that everything you read on the internet is always true.

Well, though the outcome cannot be predicted, we all know that the house will have its edge most of the time, so chasing losses is basically not a productive way of getting your money back that is already lost. So the mindset of a gambler should be that any money lost in gambling is not recoverable, especially not by trying to chase them.

If luck is on your side, you won't need to chase anything as you won't lose much but win more which doesn't always happen but it happens once in a blue moon and we should enjoy that when it happens.

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Quote from: Fredomago on March 27, 2023, 05:44:01 AM

Quote from: lienfaye on March 27, 2023, 12:09:19 AM

Quote from: Alphakilo on March 26, 2023, 08:05:03 AM

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

Well, I think it's just an excuse to continue what he used to. If you want closure do you have to win to recover your losses? (Remember that it would be hard also to stop if you already win huge since you might think you need to play again since you're lucky). What if you didn't manage to win according to plan, that means you'll continue until it happened?

There's no need for a closure, if you want to stop then stop. Don't give excuses because it just shows you really can't or you don't want to.

No need for anything but just to follow what you need to do, stopping is the key in order not to suffer for more losses, if you continue to play in aiming that you need to win first before you will stop then the risk of getting more addicted can happen. Same with what you said, what if you keep winning while enjoying the game, instead of quitting while you still have that chance to recover your losses but decide to push for more wins, the outcome will be the same.

The chance to lose back all those winning money is not impossible, then what will you do next? try to play and wait again for another chance?

I don't see it that way, stop and move forward nothing more.

Exactly. Chasing losses are not the real way to have a closure because we're the one controlling ourselves and there's no need for such condition. Because you're just giving yourself a reason to continue playing for the thinking you need to accomplish this first (winning huge) before you'll quit.

Moreover, trying to recover your losses can only increase the amount that you already lost in gambling. Lucky if you win, but what if the worst happened. Can you bear seeing more losses just because you have to win first before stopping? I don't think so.

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Quote from: maydna on March 28, 2023, 02:20:27 AM

Quote from: Kasabus on March 27, 2023, 05:55:16 PM

Apparently, if one gambler will keep on chasing his losses, he is not making a closure on it, instead he is gambling to lose more. That is the reality in gambling, the more you gamble, the higher chances you lose more. Although gambling is not all about losing, as some still find luck and gain huge profits, but in most cases, people gamble and gradually see themselves losing in the end. That’s why it’s still best to gamble responsibly, and gamble only an amount you can afford to lose.

It is never advisable for a gambler to continue chasing his losses because he can lose more. Rather than chasing his losses, he would rather stop gambling so he would not lose any more money and could reduce his emotions from the loss. Getting lucky is something that gamblers really look forward to but unfortunately, not many can get that luck, while other people can only get defeated. Yes, I agree to gamble responsibly so that we control how much money to gamble and how long we can gamble. That will protect all the money we deposit so that it doesn't run out on the same day we deposit the money.

Not many gamblers want to stop after experiencing defeat, but all existing gamblers will continue to bet until their money runs out or their losses return.
But what happened was not a loss that could be recovered but a deeper loss.
There are many stories of gamblers experiencing ruin due to playing according to passion and emotion but unfortunately many gamblers ignore experiences like this and don't believe in them.
When gamblers see that there is a big chance of winning in front of them they cannot control themselves or finances so that there can be certain limits, so this is the biggest problem for gamblers

Helena Yu

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There's no difference, most people finding closure when they're hit a big multipliers, casing looses is also similar where they're looking to hit a big multipliers that will help them to earn profit. It's better to setup a betting time e.g. a hour or two hours, after you've gamble for a hour or two hours, you need to stop to gamble regardless the result of your last bet. If you're not do this, you're not discipline about your gambling habit.

Topic: Chasing looses Vs Finding closure: Any difference? - page 6. (Read 1012 times)