Topic: Dangerous chasing losses - page 19. (Read 2983 times)

People can decide to engage in divers activities when they are bored. Some of them read, take a walk, go for a drink, or even play computer games. Gambling because of boredom is not in my list because it involves money. I will not risk money because I am lonely. It will be better to follow your gambling budget or seek other means of overcoming boredom.


Chasing losses will lead to a lack of concentration which will cumulative to more losses. I have tried to recover my losses on a few occasions and I find myself tensed up and uncoordinated. As you keep losing, it will lead to anger issues and even confrontation with people around you. OP was fortunate to recover his losses after a hot chase but this is not always the case.

What are you looking for in gambling friends? Duplicating money? Chasing defeat? or what? I think you need to change your mindset a little in gambling, if you expect to win intentionally then you will experience frustration in gambling that you do because you don't have the luck to win, and it could be the impact of that you will continue to gamble and try to pursue losses.

Gambling problems make a place to have fun, although in the end you lose you get time to have fun time in gambling, even if you are lucky in the gambling you do, I think it is the fortune you need to be grateful for.

Judging from his attitude he might chase the loss and stop until he gave up.

Yes, there are others who recover their losses and I think these are the only ones who are not too greedy, because once they recover their winnings, they will not bet again.
I experienced this before when I got back my loss but of course I felt like I would win a lot more so I just continued gambling until I ran out of money without realizing it. When you're really hooked and you receive a lot of money from your gambling, it's really hard to control yourself. I didn't repeat it because I was taken by what happened and I learned something from my stupidity at that time.

The only way a gambler to success in chasing losses is he need to hack the site and steal as much as he can lol.

I imagine if someone is successfully recover all of his previous losses, I don't think he will completely quit gambling, but I believe he will try to gamble in order to earn more. A gambling addict will not change if he's not realize and have a commitment to gamble only for fun.

As the saying goes, people will not be satisfied or aware if they have never experienced or felt something bad happen to them, so for you, what I mean by the risk of gambling that befalls you, you will then realize that what you have been experiencing is a fatal mistake because You haven't been able to control yourself well so you regret having done that and now you are trying to start changing by learning to control yourself well.

Of course, if someone has experienced defeat then what he has to do is stop, even though this is very difficult to do, but if he has a strong belief then this will not be as difficult as he imagines, because according to him if he gambles continuously then he will lose a lot of money, not increase it Money.

We can't say few but rather there are several gamblers been lucky that there result became different compare to other people who choose to chase their losses since they encounter more heavier losses and worse all their money is gone because they made a crazy decision for pushing their selves to their limits. But if some other successful for recovering back their money it doesn't mean that this scenario will always happen to them since they should consider the luck factor and that scenario might not come to them anymore if they choose to risk their money on super risky situation.

We know all people doesn't want to lose everything they have so maybe best for us to have second thoughts on each decision we going on so that we will not regret all the decision done when everything became a big mess to us.

In addition to a little, I also think it is almost impossible to get success, besides that these actions will also only make your situation worse, instead of returning the previous defeat but what happens is that the number of defeats increases, and that is the cycle that always happens and is suffered by gambling addicts.

An addict will usually treat frustration over his defeat with some motivation that they create themselves, that is one of their wrong actions, already knowing their mindset is wrong but instead believing in assumptions that come out of their own minds instead of seeking some help from others through some advice. They will always justify their own wrong actions, with all positive mindsets such as "I'm sure in the next experiment I will be able to get a real victory", but in the end they still lose lol, it doesn't just happen once but it has become a cycle that they will continue to live indefinitely.

You have felt it yourself, because it is true that the pressure due to such conditions in gambling is very bad, so you even don't eat for several days, and not only that, but other unexpected things are also very likely to feel like depression or even act out of control. So the point is that there is no point in you chasing losses because gambling is just a matter of luck and why the final result is always not what is expected? because there is absolutely no guarantee that you will win.

Only few gamblers succeed in chasing their losses, the motivation to recover our losses backfires because we are trying to win back the money that we've previously lost, when you're chasing your losses you are pressured to win and because you think you fumble on your votes and commit error after error, I've experienced this and the feeling is so bad that I can't eat in a few days because the what if, keeps running in my mind.
Chasing losses is a big nightmare for gamblers because you cannot think clearly and you feel you are in hostile territory, It is better to keep in mind that whatever happens, you will not chase your losses.

You don't have to be a addict gambler for you to start chasing losses, even a beginner can find it hard to let go of the amount they lose to gambling on their first day, they will start trying hard to at least get their money back and yet they will fail, once you use money you aren't ready to lose you will likely start chasing your looses which will eventually leads to more loss.

The rules are simple but many think they are smart or genius when it comes to gambling, do not use money you can't afford to lose, how hard can this warning be that people ignore it? Wanting to make a lot of money from gambling is what encourages you to use a big amount of money and that's why most people will use money they can't afford to lose.

If you have ten dollars to use for gambling and you lose half of the money, you still have more five dollars to risk, but once you lost everything it's wise to stop gambling and wait for another day when you have spare ten dollars to risk again, do not use what you can't afford to lose, that is the solution to chasing losses in gambling.

Even though it is boredom, @OP should know that there is no guarantee that he can win from gambling but he can experience a lot of losses. When he succeeded in winning, he should have immediately decided to stop so that his losses would not increase. That would be better than later depositing more money where there is no guarantee that he can win. Playing gambling with a small amount of money is enough for him to get rid of boredom because it depends on how we can overcome boredom.

Only by limiting his gambling budget can he avoid losing a lot and it would be even better if he could stop gambling. Chasing a win or recovering from a loss is not recommended because it will result in greater loss, even though there is a possibility that he can win. But as far as we know, we cannot always win when playing gambling, so we have to control our gambling. And don't let us lose control of ourselves when gambling because that can cause various problems.

Yes, that was a mistake I made and I didn't pay attention that anything could happen in a gambling game and didn't control myself well so I lost. I then realized that whatever I experienced in gambling should be a valuable lesson so that I don't repeat it in the future. I also learned to control myself better, which is not easy because it requires time and more frequent practice.

I agree that stopping gambling as soon as possible after experiencing a loss is the best way to avoid big losses. And by stopping gambling, we can prevent bigger risks so that we don't have to lose a lot of money in gambling.

       -  It costs me $1800 here in our country. I can't lose that much gambling here in just one day. Maybe when you used it, you didn't think about losing your gambling. But the more you think, the more you can grow it by winning more gambling.

Although sometimes I also had the experience of chasing my loser, I also stopped when I felt that my loser was getting further away and growing a lot. That's why I stopped instead of making my bankroll zero. So I think I made the right decision, even though I really lost.

- You're among the fortunate ones who can bounce back from a losing streak. I've been through similar experiences a couple of times. The first time I lost everything, I swore I'd never gamble like that again. But, surprisingly, a few weeks later, I found myself losing in the same way.
- I can't help but wonder, what would you do if luck wasn't on your side and you lost all $1800?

I always tell myself when I lose half of my balance that I cannot get it back anymore. Being forgetful can be the key factor in avoiding this kind of problem. If we know how much we want to get back then it won't happen. Win some and then change the game. That's what I think will work better than staying in one game and chasing all of it in one sweep.
But quitting is a better option, especially for casino players. Right now, I am spending more time in sports betting where I think I have a better chance to double my bet than relying on casino games these are sometimes (most of the time) stressful because of the house edge that is difficult to defeat.
I've played a lot using small bets with hundreds of thousands of amount of bets and all I see is downward so I think I will just go back on sticking with sports betting from now on.

Were you lucky or really skilled?
Most bettors end up "losing their minds" and are unable to reason correctly when they get into a streak of bad luck with sequential losses, as a result they end up losing a lot of money until they finally realize that it is no longer possible to reverse the losses.

The good thing about this event is that in addition to having made a profit, you learned a lot so that you don't make that mistake again.

Congratulations on the achievement and thank you for sharing this story here, I hope it helps other people too.

One can see gambling as a way to earn money and yet they won't chase losses because they knew that if they choose to chase their losses they might end up losing more.  Though I agree this might be one of the reasons, the trigger would be that they failed to accept and admit that they had lost and wanted to recover such losses because they have to since the fund they used is not free and is allocated to pay for something.

Nope, when you lose you will become more curious to try again until you win, it's not make you to leave gambling since you're want to chase your losses. Lose or win, you're keep gambling, unless you're completely stop it.[/quote]

Some got discouraged by the loss and left gambling.  I believe the effect of losing on their first try have a different result.  Others will stop for a while then play again to try if they can win while others stop and never revisit the gambling platform again since they can't bear the losses.

That adrenaline will push the gambler to keep trying to increase his bet to quickly recover what he already loss, It's hard to control when you are trying your best but the losing streak continue heating you, and I like your opinion that instead of pushing forward and keep increasing better to pause for a while and try to change your strategy, or also, try to stop and get some air to prevent that aggression.

It's all on you and how luck will back you up, but in OP's case, that's something that really touch to handle, almost losing your hard earned money but manage to get that luck and bring something decent after the sessions.

Quite ironic OP is opening a thread about how no one is supposed to chase losses because how risky it is and yet he does it by providing and example of how he managed to chase his losses and pull off a net win.
If anything, this thread and this story will likely only encourage people who lost money to further deposit and chase their losses as OP did, in hopes of getting a similar result.

To anyone who believes this is a story of success, be aware OP could have easily lost all his bankroll to the casino and become one of the sad stories of people chasing losses and never getting them back again. Do not take his story as an example, but others cases were people lamented to have deposited more than they could afford to lose.

Be wise and gamble responsibly, do not follow OPs steps.

The most common mistake done by the gambler was he will increase the betting amount on each bet to cover the loss in the shorter period.But the fact is he will loss all the holding money if he keep increase the bet in the game.The betting money should be same for the gambler,the gambler should rebuild the new strategy one after another for the game.So he can recover the loss in the game.Changing the bet amount to high value will risk your full money.If the situation was bad,you should take some gap for the game.So your mind will ready to face any difficulty in the upcoming game and the possibility of winning will be high.

If he lost it all, it would be more difficult for him to make it out of this thought. Looking at his reactions despite earning profits, you'd understand how bad it affected him psychologically. He was amazed to find himself wearing such a behavior. It has never been this way, in his memory. It'll help him not to behave that way anymore, in future. It'll be hard to tell how it happened to him, but if the experience took away few of his normal behavior. The therapy would be, giving such thought a break. As thinking so much about a vague past experience can help cause more mistakes. In the person's gambling activity. He'll may be too conscious of not repeating what happened, when he had enough time and funds. Thereby, reducing the comfortability they get through gambling. So if the behavior negatively affects his winning, it could be that the player is not staking with a clear mind. Also affecting their personal relationship to people. Hence, it's important for gamblers to always stay cheek by jowls with non gamblers. So that they'll be able to reach a wider audience. That they teach about the effects of gambling; good and bad. Guide on their journey to bitcoin. And most importantly garner profits through them. In return non gamblers can be the primary detector of an uncertain behavior in the gambler's life. It's crucial to know how people have felt about the changes in us, which we are not aware. Nobody is an exception in such an occurrence. We must follow our minds and things we've thought as possible or works. To know the new behaviors in us, and be able to link it to its cause, can be a good definition of a gambler.
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I think you are quite lucky for someone who continues to gamble with higher bets to regain the money you lost while gambling because usually at the end of this process many people lose all their money. In particular, your primary goal should be to use a low budget for gambling fun and only have fun until that budget is completely exhausted. If the purpose of gambling is to have some fun and making money is completely secondary, it is necessary not to gamble anymore in order to gain the loss caused by running out of budget. Even though this situation made you feel bad psychologically, it was a very nice experience for you and it caused you to have an experience that didn't hurt you too much at the end of the whole process. Definitely, in case of losing money in gambling it is necessary not to continue gambling with higher amount of deposits and higher amount of bets. Many gamblers lose all their money this way and become addicted to gambling. In gambling, it is often not possible to quickly achieve previous winnings by placing a higher bet.