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Topic: Dangerous chasing losses - page 5. (Read 2983 times)

hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
November 20, 2023, 09:17:49 AM
Chasing losses is a regular occurrence that happened with most gamblers, I also experienced it when I was a binary option trader it's a gambler nightmare and indeed a very bad habit at that point most gamblers can't control their emotions, however now  personally I funded my account with the amount of money I can afford to lose out of my monthly income and once that fund has been expended that is the end for that month, though later I was able to control that habit unfortunately it has dealt a big blow to me on several occasions, now once I pick my accumulated bets and stake with a small amount of money I wouldn't bother again whether lose or gain.
It can take a person a few tries before they get it right and they may chase their losses a few times before they learn their lesson, but this is a lesson that most gamblers eventually learn as it is such a common mistake, however there are a few gamblers out there that never learn their lesson and despite losing several times in a row they decide to keep gambling hoping for one day to recover the money they have lost, and unfortunately for them that day most likely will never come.

Yes, I don't think that gamblers didn't know this, however, it's the risk that we take though, it's like go big or go home attitude, YOLO. So maybe there are some gamblers here who will go and chase their losses in hoping that they can still make it break even at the end of their session or even won some money. But in any case, they chase and lost then it's going to be a problem. You might be affected mentally and physically, I mean there will be times that you are thinking that you should have quit when you still have some money or you chase and then get it back. But then again, it's really hard to control our emotions if we are in that kind of situation, your mind is thinking possible things that might happen and then you give in to the desire of wanting to make a comeback win.
Really hard in terms of resisting that temptation,  knowing that by adding money  to your balance will give you a chance to recover your losses,  though most of the time the outcome is not on the gamblers favor and it affects them hard, especially if that additional money that you deposited is intended for other important things and you lost it in gambling,  regrets is all the way and it can take some days or more before you can move forward and start forgetting  such mistakes.
That is it, it will be really hard since you've already concurred with it. You are right on what you pointed to but just expressing the state of mind of addicts, that mindset that "it is hard" will keep them entangled in the web of addiction, but would be set free the moment they have the change of mind.

Addiction is a mind issue and it could either be hard or easy to let go only by the person involved, which is why psychologists, psychiatrists, therapists etc. like to play mind games or deliverance and try to penetrate into the minds of people in order to be able to correct what is wrong. But all these wouldn't have been necessary if the person is first willing, and the moment this happens, the rest will be a simple work-over. This, I've seen in practice at the same time, only that you would help yourself further by giving it a long-term break to be well cured. I've seen a friend who smoked and drank alcohol excessively and was very addicted to it for over 25 years but vowed that the day he saw his first child would be the day he would stop smoking and reduce drinking to the barest minimum. Like a play, over 10 years have passed and this guy is yet to burn a cigarette stick and you will be begging him to even finish a bottle of beer. That's willpower, everyone fighting addiction should have this, that determination alone will go a long way to set them free.

This is also applicable to betting, and if well experienced, that time you are losing more is the time you need more break, if not, you would lose more and who's to be blamed if not you? In any consistent losing situations gamblers should not think anymore, they should just stop and fight whatever mind-spirits would advocate gambling more, even within weeks. This was what I did when I was addicted to lotto in 2013 and I must even say that it was easy to overcome it naturally. I have a strong mind, and I believe everyone has it too, only that most do not nurture it.
hero member
Activity: 616
Merit: 749
November 20, 2023, 06:59:05 AM
The continuous deposit to the gambling site in a same day after the many loss in the gambling sites,So it mean the gambler was in the addiction to the gambling sites.The addicited person doctor will ask him reduce the gambling addiction by reduce of the deposit of the gambling sites.The gambler should fought for the every game loss regain by the target of chasing loss in the future game.

Why do individual think they'll win if they continue playing when they already lost, how do they think they'll be lucky this time when they couldn't be luck the first time they try. If gamblers as this questions they won't be chasing after losses because they'll know it isn't worth it. When you lose just move on and look for other things to do. Don't gamble after you won or lost because they're both traps and you'll be caught without escapes.

Losses make you want to win back you losses by continue gambling and wins make you feel you can't be defeated and want to continue playing so you can win more but you won't be successful because you'll make mistakes that'll make you lose instead of winning. Chasing after losses is a poor mentality and will lead you to more losses. Just quit and that's why you need other source of income when you're a gambler so you don't get tempted to chase loses.
hero member
Activity: 1666
Merit: 701
November 20, 2023, 04:59:28 AM
It seems that it has become a natural thing that is common, especially for gamblers who are newly involved in gambling, of course it is beyond our control or other people because in the early stages they are still very excited in carrying that wrong mindset, so it is very difficult to be able to give better advice to them if they are in a state of enthusiasm in their gambling involvement. Chasing losses to break even is the initial cycle experienced by newly involved gamblers, they do not know that it is the starting point of a more severe destruction that will cause many problems, especially in their finances.

That's quite a serious problem but on the other hand as I said above it's quite difficult to control them with some advice, they have their own mindset that is always strong even though it's basically very wrong. So maybe what will be able to change them for the better is just time, they will be able to know that they should not overdo it when they have experienced some serious impacts which will indirectly give them valuable experience not to make the same mistake again. So I think there will be a certain point where they will be able to gain some awareness.
If you are just new or really that a newbie when it comes to gambling then you do suddenly experiencing those kind of losses on which you didnt even expect for it to be that severe then it would really be normal that it would really be giving out that kind of actions whenever you do able to blow out your entire capital or bankroll on which this would really be the most common reaction you would be having. If you are that someone who do already have that kind of experience then you would already be aware with this kind of situation on which it would really be that making you avoid on chasing up losses since you do already know on what would gonna happen next.If you are that someone whose really that impulsive when it comes to gambling then you should really be starting on quitting or getting rid of it or else it would really be bringing up that
kind of damage or devastation when it comes to your finances.

This is why its never been good on having that chasing of losses in the first place. You should really that make yourself pretty wary about on how gambling works and what are the things that you would
be mainly be encountering because if you dont then for sure you would really be having that kind of huge problem on the time that you do experience things.
You wont really be putting up yourself on safety on this case.


Of course a new gambler or beginner is very different from an experienced gambler or for example a professional, where the difference might be said to be quite significant, the beginners as I said earlier that they are still very eager to chase defeat there in order to break even, they don't know yet that it is the starting point of a more severe destruction, yes it is beyond our control because after all for people who are very excited we will be quite difficult to give them advice. And for experienced gamblers of course they have experienced many conditions that make them down, so if the next time they feel that there are indications that it might happen again then obviously they will be more vigilant as you said, not least because they learned from previous experiences. They will focus more on some precautions rather than continuing to play to chase defeat because they already know that it will only make things worse, so maybe for beginners they just need time to get experience like that which then later can be used as a lesson so as not to take actions that are out of control.

Of course, what should be done in such a situation is to take a break and stop, but for beginners who have just come and are still very excited with high hopes, it is very difficult to do so, they will only be able to take some precautions firmly when they have a little bit of realization of the consequences of their bitter experience. Basically, it is very difficult to handle emotions and greed when their hearts and minds are still at a very high level of expectation.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
November 20, 2023, 02:41:50 AM
As I mentioned above, if only the person or the gambler can have that kind of mindset it will add up the fun since they manage to win and use the money for business, if both are successful then financial stability plus enjoyment can be the take away from it, though it's not as easy as it is since most of the time gamblers will continue to play even they already have the chance of winning but instead they push for more and lose the money again.
If they don't also realize that chasing their losses could cause them to lose even more, they could actually lose a lot of money that they won't be able to afford. If the gambler has been successful in making a lot of money, they should stop gambling and leave the casino to enjoy their winnings by celebrating and resting for a while. Continuing to practice this can make them avoid chasing bigger wins and they will also not try to recover their losses if they experience defeat. If they have won a lot of money, they should think about what they should prepare for the winning money. They can't win big another day so they have to think about trying to make money elsewhere.

They need the balance and the kind of mindset that will keep them away to any form of greed and addiction, chasing your loses most of the time push to lose more, and from that point you may develop bad gambling habits and turn you to become an addicted gambler, better to enjoy if you win some money of when you already lose your initial capital make sure to stop and not to add more money to try recovering back you loses, it's not a good practice, accept your defeats and take as rest to freshen your mindset and recreate a good strategy after.

I am a person who chases losses until I spend all my savings. It was a bad condition for me. I did that when I was new to gambling. I don't have enough experience yet so I keep chasing losses and increasing the bet so that one win can cover the previous loss. But what I did was wrong, chasing losses made me lose more money. I realized it too late, and only realized it when all my savings were gone. This was a bad but valuable experience for me

That is something quite good to clarify, because we do not see that there are many reasons for people to classify others incorrectly, we as players know very well that things here must be done very correctly, that is, in the moment we are in the casino and if we spend a whole day there, it is something that can be, and that does not mean we are addicted, there are people who if they are in their casino every day, and they lose and continue playing and losing I could talk about an addition, the bad thing is that when they play and lose, their money runs out, and if they run out, then that is something that is already beginning to look worse, because if the person does not control themselves well in what So basically you can do many things to continue playing, usually these types of people lend money to their friends, their families, they get involved with banks, to get money and be able to play, and once they do all this, they get it or No, they will always have problems on that side.

They will also lose their minds and even their mentality will also be damaged not to mention their mindset too. They should be able to limit themselves when they have not much money and lose they should stop not thinking of ways to get back to gambling. because it will bring excessive addiction, as you said, emotions will become uncontrollable and it will make everything messy, unconsciously they have played filled with anger and lust. They should have realized and lowered the bet value like you said, but unfortunately they didn't, because of their emotions, they will continue to play with lust to pursue a big win, even though they finally lost and were upset with the game that was not to their liking and continued like that if they had not found the point of realization.

The bad thing about an addicted person is that they can lose more than money, they can lose all those friends, their own family and be left alone, I have seen that it has affected many people and it is not a good thing, it is sad, for That is that people must see to being addicts at all costs, it is something that must be taken as a premise, therefore when we are in a casino, the first thing we must take into consideration is our money, and always that we are in a casino. casino, let's get emotional, we must carry you through the good streak, the emotions, impulses and then when the losing streak comes, that's when we must be intelligent
and lower the bets to the minimum, because when you start to lose, those losing streaks are very long, when I start a losing streak I cut it off at once, it is not easy, because one is on 1000% adrenaline, but It should be done because basically when things are not done that way and you repeat it, everything is lost.

They will also lose their minds and even their mentality will also be damaged not to mention their mindset too. They should be able to limit themselves when they have not much money and lose they should stop not thinking of ways to get back to gambling. because it will bring excessive addiction, as you said, emotions will become uncontrollable and it will make everything messy, unconsciously they have played filled with anger and lust. They should have realized and lowered the bet value like you said, but unfortunately they didn't, because of their emotions, they will continue to play with lust to pursue a big win, even though they finally lost and were upset with the game that was not to their liking and continued like that if they had not found the point of realization.

It is better that you do not continue chasing losses , and it is Better to have money Available only for you, and not lose your savings , try to use half of what you Always use and you will see that this is how your money will begin to yield and imagine that you spent it all or you lost it if you lose it in the game in that case.

Indeed, they should play with the aim of just having fun not to pursue losses that can spend more of their money and can even involve other people because they have run out of money and they will make loans that will make it difficult for them too later, they can even commit crimes that have great risks for themselves, not caring about others as long as they can get money and can gamble again. This is what I am afraid of, when they dare to commit crimes that will harm themselves and can even harm others who are affected, it is difficult to awaken someone who is addicted to gambling, because when given advice, some of them rebel against it because they do not accept being advised. So in my opinion, only they themselves can stop and realize that what they are doing is wrong.
hero member
Activity: 1862
Merit: 574
Leading Crypto Sports Betting & Casino Platform
November 20, 2023, 02:01:15 AM

If you can resist not sending another deposit then you definitely had fought yourself good. Not all can do that though. It means a lot when you are quitting. The problem is the loss of your hard earned BTC.

But when you think of winning back the loss and its all because you deposited another batch, then its not just luck that made you successful in chasing your loss but your persistence.

The continuous deposit to the gambling site in a same day after the many loss in the gambling sites,So it mean the gambler was in the addiction to the gambling sites.The addicited person doctor will ask him reduce the gambling addiction by reduce of the deposit of the gambling sites.The gambler should fought for the every game loss regain by the target of chasing loss in the future game.The gambler who had the capacity to build their own winning in the continuous game will get away from the direction of big win.So the gambler who target the loss in the gambling is like the one way part,we don't know when we back from the sea to normal game.

Yeah.. Continuous deposits to gambling sites following multiple losses are a clear indication of gambling addiction. This pattern of behavior is known as chasing losses, and it is a common trap that many addicted gamblers fall into. The gambler's goal of regaining every game loss by targeting future games is unrealistic and ultimately self-defeating. Gambling is inherently unpredictable, and there is no guaranteed way to win back lost money. Instead, the gambler should focus on breaking the cycle of addiction and developing healthier coping mechanisms.

The gambler who is fixated on recouping losses is like a ship sailing into an endless sea with no clear path back to shore. The addiction can consume their thoughts and actions, leading them further away from a normal life. Overcoming gambling addiction requires a conscious effort and a commitment to change from the addicted gamblers. With the right support and resources, individuals can break free from the grip of addiction and regain control of their lives.
sr. member
Activity: 938
Merit: 303
November 19, 2023, 10:32:21 PM
I am a person who chases losses until I spend all my savings. It was a bad condition for me. I did that when I was new to gambling. I don't have enough experience yet so I keep chasing losses and increasing the bet so that one win can cover the previous loss. But what I did was wrong, chasing losses made me lose more money. I realized it too late, and only realized it when all my savings were gone. This was a bad but valuable experience for me
Sorry for your losses but very importantly your lessons have been learnt and in the nearest future you are definitely not going to make such mistake and you stand a better place to even advise others especially newbies to gambling on how well to gamble and to stay responsible at it.

Some persons may still not learn even if they are getting a first hand advise about it from your experience now, they will probably wait until it happens to them then they would realize how bad it is because they are maybe used to learning the hard way. Chasing loss is one of the worse form of gambling especially when you start increasing your stake with the hope that you will recover all at your next big win , you definitely end up loosing more,it's even better to increase the odds and reduce the stake, you could recover if you are lucky but they I strongly advise against chasing loss.

     -   Most gamblers know that, in truth, that's why they continue to do that style. Now the question is, why? That's because the addiction
is already there.

Since the addiction that has become the root of everything is there, they really can't get rid of that kind of always-chasing after losing because they think they can still recover their losses that have reached a large amount. But, as much as possible, don't get used to this behavior.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
November 19, 2023, 07:48:31 PM
As I mentioned above, if only the person or the gambler can have that kind of mindset it will add up the fun since they manage to win and use the money for business, if both are successful then financial stability plus enjoyment can be the take away from it, though it's not as easy as it is since most of the time gamblers will continue to play even they already have the chance of winning but instead they push for more and lose the money again.
If they don't also realize that chasing their losses could cause them to lose even more, they could actually lose a lot of money that they won't be able to afford. If the gambler has been successful in making a lot of money, they should stop gambling and leave the casino to enjoy their winnings by celebrating and resting for a while. Continuing to practice this can make them avoid chasing bigger wins and they will also not try to recover their losses if they experience defeat. If they have won a lot of money, they should think about what they should prepare for the winning money. They can't win big another day so they have to think about trying to make money elsewhere.

They need the balance and the kind of mindset that will keep them away to any form of greed and addiction, chasing your loses most of the time push to lose more, and from that point you may develop bad gambling habits and turn you to become an addicted gambler, better to enjoy if you win some money of when you already lose your initial capital make sure to stop and not to add more money to try recovering back you loses, it's not a good practice, accept your defeats and take as rest to freshen your mindset and recreate a good strategy after.

I am a person who chases losses until I spend all my savings. It was a bad condition for me. I did that when I was new to gambling. I don't have enough experience yet so I keep chasing losses and increasing the bet so that one win can cover the previous loss. But what I did was wrong, chasing losses made me lose more money. I realized it too late, and only realized it when all my savings were gone. This was a bad but valuable experience for me

That is something quite good to clarify, because we do not see that there are many reasons for people to classify others incorrectly, we as players know very well that things here must be done very correctly, that is, in the moment we are in the casino and if we spend a whole day there, it is something that can be, and that does not mean we are addicted, there are people who if they are in their casino every day, and they lose and continue playing and losing I could talk about an addition, the bad thing is that when they play and lose, their money runs out, and if they run out, then that is something that is already beginning to look worse, because if the person does not control themselves well in what So basically you can do many things to continue playing, usually these types of people lend money to their friends, their families, they get involved with banks, to get money and be able to play, and once they do all this, they get it or No, they will always have problems on that side.

The bad thing about an addicted person is that they can lose more than money, they can lose all those friends, their own family and be left alone, I have seen that it has affected many people and it is not a good thing, it is sad, for That is that people must see to being addicts at all costs, it is something that must be taken as a premise, therefore when we are in a casino, the first thing we must take into consideration is our money, and always that we are in a casino. casino, let's get emotional, we must carry you through the good streak, the emotions, impulses and then when the losing streak comes, that's when we must be intelligent
and lower the bets to the minimum, because when you start to lose, those losing streaks are very long, when I start a losing streak I cut it off at once, it is not easy, because one is on 1000% adrenaline, but It should be done because basically when things are not done that way and you repeat it, everything is lost.

It is better that you do not continue chasing losses , and it is Better to have money Available only for you, and not lose your savings , try to use half of what you Always use and you will see that this is how your money will begin to yield and imagine that you spent it all or you lost it if you lose it in the game in that case.
hero member
Activity: 1652
Merit: 518
OrangeFren.com
November 19, 2023, 06:27:52 PM

If you can resist not sending another deposit then you definitely had fought yourself good. Not all can do that though. It means a lot when you are quitting. The problem is the loss of your hard earned BTC.

But when you think of winning back the loss and its all because you deposited another batch, then its not just luck that made you successful in chasing your loss but your persistence.


The continuous deposit to the gambling site in a same day after the many loss in the gambling sites,So it mean the gambler was in the addiction to the gambling sites.The addicited person doctor will ask him reduce the gambling addiction by reduce of the deposit of the gambling sites.The gambler should fought for the every game loss regain by the target of chasing loss in the future game.The gambler who had the capacity to build their own winning in the continuous game will get away from the direction of big win.So the gambler who target the loss in the gambling is like the one way part,we don't know when we back from the sea to normal game.
hero member
Activity: 3038
Merit: 617
November 19, 2023, 03:21:57 PM

If you can resist not sending another deposit then you definitely had fought yourself good. Not all can do that though. It means a lot when you are quitting. The problem is the loss of your hard earned BTC.

But when you think of winning back the loss and its all because you deposited another batch, then its not just luck that made you successful in chasing your loss but your persistence.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
November 19, 2023, 03:09:52 PM
Chasing losses is a regular occurrence that happened with most gamblers, I also experienced it when I was a binary option trader it's a gambler nightmare and indeed a very bad habit at that point most gamblers can't control their emotions, however now  personally I funded my account with the amount of money I can afford to lose out of my monthly income and once that fund has been expended that is the end for that month, though later I was able to control that habit unfortunately it has dealt a big blow to me on several occasions, now once I pick my accumulated bets and stake with a small amount of money I wouldn't bother again whether lose or gain.
It can take a person a few tries before they get it right and they may chase their losses a few times before they learn their lesson, but this is a lesson that most gamblers eventually learn as it is such a common mistake, however there are a few gamblers out there that never learn their lesson and despite losing several times in a row they decide to keep gambling hoping for one day to recover the money they have lost, and unfortunately for them that day most likely will never come.

Yes, I don't think that gamblers didn't know this, however, it's the risk that we take though, it's like go big or go home attitude, YOLO. So maybe there are some gamblers here who will go and chase their losses in hoping that they can still make it break even at the end of their session or even won some money. But in any case, they chase and lost then it's going to be a problem. You might be affected mentally and physically, I mean there will be times that you are thinking that you should have quit when you still have some money or you chase and then get it back. But then again, it's really hard to control our emotions if we are in that kind of situation, your mind is thinking possible things that might happen and then you give in to the desire of wanting to make a comeback win.
Really hard in terms of resisting that temptation,  knowing that by adding money  to your balance will give you a chance to recover your losses,  though most of the time the outcome is not on the gamblers favor and it affects them hard, especially if that additional money that you deposited is intended for other important things and you lost it in gambling,  regrets is all the way and it can take some days or more before you can move forward and start forgetting  such mistakes.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
November 19, 2023, 02:58:02 PM
I am a person who chases losses until I spend all my savings. It was a bad condition for me. I did that when I was new to gambling. I don't have enough experience yet so I keep chasing losses and increasing the bet so that one win can cover the previous loss. But what I did was wrong, chasing losses made me lose more money. I realized it too late, and only realized it when all my savings were gone. This was a bad but valuable experience for me
Sorry for your losses but very importantly your lessons have been learnt and in the nearest future you are definitely not going to make such mistake and you stand a better place to even advise others especially newbies to gambling on how well to gamble and to stay responsible at it.

Some persons may still not learn even if they are getting a first hand advise about it from your experience now, they will probably wait until it happens to them then they would realize how bad it is because they are maybe used to learning the hard way. Chasing loss is one of the worse form of gambling especially when you start increasing your stake with the hope that you will recover all at your next big win , you definitely end up loosing more,it's even better to increase the odds and reduce the stake, you could recover if you are lucky but they I strongly advise against chasing loss.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
November 19, 2023, 01:07:06 PM

Yes, I don't think that gamblers didn't know this, however, it's the risk that we take though, it's like go big or go home attitude, YOLO. So maybe there are some gamblers here who will go and chase their losses in hoping that they can still make it break even at the end of their session or even won some money. But in any case, they chase and lost then it's going to be a problem. You might be affected mentally and physically, I mean there will be times that you are thinking that you should have quit when you still have some money or you chase and then get it back. But then again, it's really hard to control our emotions if we are in that kind of situation, your mind is thinking possible things that might happen and then you give in to the desire of wanting to make a comeback win.
When gambler can guarantee win and can accurately get win then that is not problem but in this gambling, no gambler can determine or guarantee win so doing something like that is the biggest mistake of gambler who really wants losing streak.
On the other hand, chasing victory can cause high mental pressure and make the brain work harder with feelings of anxiety to see the results that will be obtained.
If it very clear about finances people like this can't manage their finances well, in fact they tend to be more like gamblers who are crazy about unlimited profits.
What they do ultimately brings hardship, regret and financial ruin.

If there are gamblers who say that they can win consistently then don't believe it and consider it nothing more than nonsense. Basically, no matter how you gamble or even if you are a professional gambler, it will not always be able to make you increase your chances of winning, in gambling there is nothing that can make your winning percentage more frequent, simply put, when you enter, there will be two answers to the end, namely winning and losing, different times you gamble, there will also be different results from your gambling, meaning that even if you won before, it will not necessarily happen again in the future, so the point is that all of this is nothing more than how lucky you are.

One of the reasons that can make them act out of control or even commit suicide? Yes you have said that it is because of the mental and psychological pressure that exists in gambling, so do you want to chase victory but at such high risk? I think only fools will do it for something that is basically not always in their favor. Yes that's right, one of the reasons why gamblers always end up in poverty is because they can't manage their finances at all, it's because they put too much hope in gambling that they can't do any consideration before deciding.
hero member
Activity: 3010
Merit: 794
November 19, 2023, 12:59:23 PM
It can take a person a few tries before they get it right and they may chase their losses a few times before they learn their lesson, but this is a lesson that most gamblers eventually learn as it is such a common mistake, however there are a few gamblers out there that never learn their lesson and despite losing several times in a row they decide to keep gambling hoping for one day to recover the money they have lost, and unfortunately for them that day most likely will never come.

Yes, I don't think that gamblers didn't know this, however, it's the risk that we take though, it's like go big or go home attitude, YOLO. So maybe there are some gamblers here who will go and chase their losses in hoping that they can still make it break even at the end of their session or even won some money. But in any case, they chase and lost then it's going to be a problem. You might be affected mentally and physically, I mean there will be times that you are thinking that you should have quit when you still have some money or you chase and then get it back. But then again, it's really hard to control our emotions if we are in that kind of situation, your mind is thinking possible things that might happen and then you give in to the desire of wanting to make a comeback win.

It seems that it has become a natural thing that is common, especially for gamblers who are newly involved in gambling, of course it is beyond our control or other people because in the early stages they are still very excited in carrying that wrong mindset, so it is very difficult to be able to give better advice to them if they are in a state of enthusiasm in their gambling involvement. Chasing losses to break even is the initial cycle experienced by newly involved gamblers, they do not know that it is the starting point of a more severe destruction that will cause many problems, especially in their finances.

That's quite a serious problem but on the other hand as I said above it's quite difficult to control them with some advice, they have their own mindset that is always strong even though it's basically very wrong. So maybe what will be able to change them for the better is just time, they will be able to know that they should not overdo it when they have experienced some serious impacts which will indirectly give them valuable experience not to make the same mistake again. So I think there will be a certain point where they will be able to gain some awareness.
If you are just new or really that a newbie when it comes to gambling then you do suddenly experiencing those kind of losses on which you didnt even expect for it to be that severe then it would really be normal that it would really be giving out that kind of actions whenever you do able to blow out your entire capital or bankroll on which this would really be the most common reaction you would be having. If you are that someone who do already have that kind of experience then you would already be aware with this kind of situation on which it would really be that making you avoid on chasing up losses since you do already know on what would gonna happen next.If you are that someone whose really that impulsive when it comes to gambling then you should really be starting on quitting or getting rid of it or else it would really be bringing up that
kind of damage or devastation when it comes to your finances.

This is why its never been good on having that chasing of losses in the first place. You should really that make yourself pretty wary about on how gambling works and what are the things that you would
be mainly be encountering because if you dont then for sure you would really be having that kind of huge problem on the time that you do experience things.
You wont really be putting up yourself on safety on this case.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
November 19, 2023, 07:58:28 AM
~snip~
It can take a person a few tries before they get it right and they may chase their losses a few times before they learn their lesson, but this is a lesson that most gamblers eventually learn as it is such a common mistake, however there are a few gamblers out there that never learn their lesson and despite losing several times in a row they decide to keep gambling hoping for one day to recover the money they have lost, and unfortunately for them that day most likely will never come.

Yes, I don't think that gamblers didn't know this, however, it's the risk that we take though, it's like go big or go home attitude, YOLO. So maybe there are some gamblers here who will go and chase their losses in hoping that they can still make it break even at the end of their session or even won some money. But in any case, they chase and lost then it's going to be a problem. You might be affected mentally and physically, I mean there will be times that you are thinking that you should have quit when you still have some money or you chase and then get it back. But then again, it's really hard to control our emotions if we are in that kind of situation, your mind is thinking possible things that might happen and then you give in to the desire of wanting to make a comeback win.
When gambler can guarantee win and can accurately get win then that is not problem but in this gambling, no gambler can determine or guarantee win so doing something like that is the biggest mistake of gambler who really wants losing streak.
On the other hand, chasing victory can cause high mental pressure and make the brain work harder with feelings of anxiety to see the results that will be obtained.
If it very clear about finances people like this can't manage their finances well, in fact they tend to be more like gamblers who are crazy about unlimited profits.
What they do ultimately brings hardship, regret and financial ruin.
hero member
Activity: 1666
Merit: 701
November 19, 2023, 07:20:41 AM
It can take a person a few tries before they get it right and they may chase their losses a few times before they learn their lesson, but this is a lesson that most gamblers eventually learn as it is such a common mistake, however there are a few gamblers out there that never learn their lesson and despite losing several times in a row they decide to keep gambling hoping for one day to recover the money they have lost, and unfortunately for them that day most likely will never come.

Yes, I don't think that gamblers didn't know this, however, it's the risk that we take though, it's like go big or go home attitude, YOLO. So maybe there are some gamblers here who will go and chase their losses in hoping that they can still make it break even at the end of their session or even won some money. But in any case, they chase and lost then it's going to be a problem. You might be affected mentally and physically, I mean there will be times that you are thinking that you should have quit when you still have some money or you chase and then get it back. But then again, it's really hard to control our emotions if we are in that kind of situation, your mind is thinking possible things that might happen and then you give in to the desire of wanting to make a comeback win.

It seems that it has become a natural thing that is common, especially for gamblers who are newly involved in gambling, of course it is beyond our control or other people because in the early stages they are still very excited in carrying that wrong mindset, so it is very difficult to be able to give better advice to them if they are in a state of enthusiasm in their gambling involvement. Chasing losses to break even is the initial cycle experienced by newly involved gamblers, they do not know that it is the starting point of a more severe destruction that will cause many problems, especially in their finances.

That's quite a serious problem but on the other hand as I said above it's quite difficult to control them with some advice, they have their own mindset that is always strong even though it's basically very wrong. So maybe what will be able to change them for the better is just time, they will be able to know that they should not overdo it when they have experienced some serious impacts which will indirectly give them valuable experience not to make the same mistake again. So I think there will be a certain point where they will be able to gain some awareness.
hero member
Activity: 1092
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Leading Crypto Sports Betting & Casino Platform
November 19, 2023, 03:40:47 AM
Chasing losses is a regular occurrence that happened with most gamblers, I also experienced it when I was a binary option trader it's a gambler nightmare and indeed a very bad habit at that point most gamblers can't control their emotions, however now  personally I funded my account with the amount of money I can afford to lose out of my monthly income and once that fund has been expended that is the end for that month, though later I was able to control that habit unfortunately it has dealt a big blow to me on several occasions, now once I pick my accumulated bets and stake with a small amount of money I wouldn't bother again whether lose or gain.
It can take a person a few tries before they get it right and they may chase their losses a few times before they learn their lesson, but this is a lesson that most gamblers eventually learn as it is such a common mistake, however there are a few gamblers out there that never learn their lesson and despite losing several times in a row they decide to keep gambling hoping for one day to recover the money they have lost, and unfortunately for them that day most likely will never come.

Yes, I don't think that gamblers didn't know this, however, it's the risk that we take though, it's like go big or go home attitude, YOLO. So maybe there are some gamblers here who will go and chase their losses in hoping that they can still make it break even at the end of their session or even won some money. But in any case, they chase and lost then it's going to be a problem. You might be affected mentally and physically, I mean there will be times that you are thinking that you should have quit when you still have some money or you chase and then get it back. But then again, it's really hard to control our emotions if we are in that kind of situation, your mind is thinking possible things that might happen and then you give in to the desire of wanting to make a comeback win.

The loss is impossible to cover with a victory that is also difficult to get, only a small victory they will get and those who gamble will not feel satisfied with the small wins they get so they will continue to play like that until their money and assets run out. because playing with the wrong goal, can make them miserable in the future, this has become a common thing for many gamblers like this, they should be able to realize what they have felt from the bad effects of gambling.

It is not easy to eliminate the desire to gamble even if they divert to other things it is unlikely that they can withstand the desire to gamble. Gambling addiction will be difficult to get rid of if you are attached to themselves especially by considering it as the main income in their daily lives, this is not a good thing. but this can worsen their situation in the future. I salute gamblers who have a strong ambition to recover their losses, but their ambition is misplaced, so they lose more money chasing those losses.
hero member
Activity: 1344
Merit: 540
November 19, 2023, 03:06:49 AM
Chasing losses is a regular occurrence that happened with most gamblers, I also experienced it when I was a binary option trader it's a gambler nightmare and indeed a very bad habit at that point most gamblers can't control their emotions, however now  personally I funded my account with the amount of money I can afford to lose out of my monthly income and once that fund has been expended that is the end for that month, though later I was able to control that habit unfortunately it has dealt a big blow to me on several occasions, now once I pick my accumulated bets and stake with a small amount of money I wouldn't bother again whether lose or gain.
It can take a person a few tries before they get it right and they may chase their losses a few times before they learn their lesson, but this is a lesson that most gamblers eventually learn as it is such a common mistake, however there are a few gamblers out there that never learn their lesson and despite losing several times in a row they decide to keep gambling hoping for one day to recover the money they have lost, and unfortunately for them that day most likely will never come.

Yes, I don't think that gamblers didn't know this, however, it's the risk that we take though, it's like go big or go home attitude, YOLO. So maybe there are some gamblers here who will go and chase their losses in hoping that they can still make it break even at the end of their session or even won some money. But in any case, they chase and lost then it's going to be a problem. You might be affected mentally and physically, I mean there will be times that you are thinking that you should have quit when you still have some money or you chase and then get it back. But then again, it's really hard to control our emotions if we are in that kind of situation, your mind is thinking possible things that might happen and then you give in to the desire of wanting to make a comeback win.
legendary
Activity: 2534
Merit: 1338
November 18, 2023, 05:39:56 PM
Chasing losses is a regular occurrence that happened with most gamblers, I also experienced it when I was a binary option trader it's a gambler nightmare and indeed a very bad habit at that point most gamblers can't control their emotions, however now  personally I funded my account with the amount of money I can afford to lose out of my monthly income and once that fund has been expended that is the end for that month, though later I was able to control that habit unfortunately it has dealt a big blow to me on several occasions, now once I pick my accumulated bets and stake with a small amount of money I wouldn't bother again whether lose or gain.
It can take a person a few tries before they get it right and they may chase their losses a few times before they learn their lesson, but this is a lesson that most gamblers eventually learn as it is such a common mistake, however there are a few gamblers out there that never learn their lesson and despite losing several times in a row they decide to keep gambling hoping for one day to recover the money they have lost, and unfortunately for them that day most likely will never come.
hero member
Activity: 1666
Merit: 701
November 18, 2023, 08:48:59 AM
Yes, that's one of the impacts because you always overdo it and bring an improper mindset to gambling, I think that means you have entered the real addiction phase if you behave like that in your gambling involvement. Of course that is a very bad condition for you, and I'm sure the impact you feel is not playing around with a lot of financial problems and maybe also with significant mental stress. Yes that's right, it usually happens to beginners and I'm sure you come not to seek entertainment as you should but it seems like you come because you have seen some victories that have been achieved by others or maybe your friends so you are tempted and want to have the same fate.

Lately I think most of those who suffer from addiction are those who have just been involved or entered into gambling, none other than because as I have said above that they come with the wrong mindset and also added because they do not have any experience and never see the impact that happens to other people who have already fallen into addiction. The wrong mindset makes them lose control and of course with that, chasing defeat is always a matter that they think is a good alternative to recovery even though there is no guarantee whatsoever. Of course, the actual fact is that chasing defeat will only cause a lot of problems, so it is important to note that before you enter you must first see what risks are in gambling, because it is clear that usually defeat will dominate more than victory.
It is a real problem that is typically ignored. Many people get caught up in a cycle of loss and hopelessness because they want to win quickly. You're totally right that newbies are especially at risk. People who are inspired by others' rare wins think that gambling is a quick way to get ahead, but they don't realize how rare such results really are. We are heading for trouble with this skewed view. Knowing that gambling is just a form of fun with risks is the key. For control and reasonable goals, knowing this can help. Gambling should be approached with a clear head and an understanding of the high likelihood of failure. Maintaining awareness can help avoid chasing losses, which worsens the issue

Yes it is a problem that is not uncommon for us to find now and has become strong evidence for the reason that most of the gamblers now come with the wrong mindset, the proof is that now in my country in particular there are more and more victims of gambling, many suffer defeat, family destruction, debt and the worst is that they commit suicide because they are not strong with the conditions of depression experienced. That's the impact of a very bad addiction cycle, I'm sure everyone doesn't want to experience the same thing as them, and neither do I. Therefore, honestly for me personally when I gamble, I don't want to experience the same thing as them. Therefore, honestly for me personally when the final result does not match my expectations, I always try to divert my attention to other things, that doesn't mean I'm not annoyed, annoyance is definitely there even though I come just for fun, and for other things I do is yes I always try to divert my attention by doing other activities or playing online games.

Of course, as I have discussed before that usually those who are more vulnerable to entering the addiction zone are those newbies who have just come, most of which I can confirm what their goal is to come to gambling, it has happened very much, they want to win but do not want to lose, while the casino will continue to press the system that defeat must continue to dominate gamblers because that is the profit made by the casino. So this should really be a concern, don't let you put the wrong mindset in gambling, this is not a place to earn but just a game that will provide entertainment and if at that time you are lucky then you will get a prize in return, never consider it a victory but consider it just a prize, because the meaning of the word prize and victory is quite different, with that then I think you will automatically do a lot of restrictions without having to take advice from others first.
sr. member
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Vave.com - Crypto Casino
November 18, 2023, 06:59:46 AM
I am a person who chases losses until I spend all my savings. It was a bad condition for me. I did that when I was new to gambling. I don't have enough experience yet so I keep chasing losses and increasing the bet so that one win can cover the previous loss. But what I did was wrong, chasing losses made me lose more money. I realized it too late, and only realized it when all my savings were gone. This was a bad but valuable experience for me
This does not surprise me at all because  I have been in that situation before. My case was even worsened by the fact that I increased the stake hope that one win will cover all the loses. It was as if I was under a spell; I continued gambling until I drained my account. I don't mean my gambling account but my bank account because because I was making deposit after I lose everything in my gambling account.

Chasing losses is not a habit a good gambler should have, it does not always end well. I learnt the hard way and ever since I stopped it, I have made remarkable improvements in my gambling.
Chasing losses is a regular occurrence that happened with most gamblers, I also experienced it when I was a binary option trader it's a gambler nightmare and indeed a very bad habit at that point most gamblers can't control their emotions, however now  personally I funded my account with the amount of money I can afford to lose out of my monthly income and once that fund has been expended that is the end for that month, though later I was able to control that habit unfortunately it has dealt a big blow to me on several occasions, now once I pick my accumulated bets and stake with a small amount of money I wouldn't bother again whether lose or gain.
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