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Topic: Did gambling losses are traps to new game (Read 2061 times)

hero member
Activity: 2702
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June 28, 2024, 03:57:21 PM
When I had meet my friends last Sunday,We had discussed about this topic.We are friends based on our gambling interest and all of us are the gamblers.I had already mentioned about my friend who loss 2k in this below thread also take part in our meeting.

https://bitcointalksearch.org/topic/after-losing-the-money-in-gamblingwhat-is-your-strategy-5493038

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

One of the things that makes gamblers become addicted is chasing losses and it has been a major problem that gamblers have like they don't want to let go of the amount that have been lost already but instead they continue to play with the feelings that the previous losses will be recovered, but in most instances they even lose more and more. Discussions about chasing losses have been made in this gambling discussion and we have already advised gamblers not to chase losses because it will lead to addiction in the quest to recover losses that's how your focus and your mind will be going towards that direction and before you know you won't be able to control yourself anymore that's where the addiction comes to play. If gamblers can gamble without thinking or calculating amounts already lost you will see that very few gamblers will become addicted unlike now that most gamblers are so addicted to gambling and can't go a day without placing a bet simply because they have become more eager and inquisitive on winning to recover past losses.
Chasing up loses is indeed the most common reason on why people do really mess up their lives on the moment that they will really be having that kind of behavior on trying out to break even those loses that they had experienced. On the moment that they will really be having those kind of intents into their minds or simply their emotion is really that set on trying out to have those recover.
Then this is something that will really be that resulting into such devastation on which we do know that every gambler do really able to experience on.

This is why it would really be that important that on the moment that you do gamble then you should really be that sensible on the things that you should really gonna do
because on the moment that you would really be that too careless on things then you are just basically trying out to find yourself having that kind
of huge problem in the future in talks about financial aspect.
full member
Activity: 434
Merit: 216
When I had meet my friends last Sunday,We had discussed about this topic.We are friends based on our gambling interest and all of us are the gamblers.I had already mentioned about my friend who loss 2k in this below thread also take part in our meeting.

https://bitcointalksearch.org/topic/after-losing-the-money-in-gamblingwhat-is-your-strategy-5493038

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

One of the things that makes gamblers become addicted is chasing losses and it has been a major problem that gamblers have like they don't want to let go of the amount that have been lost already but instead they continue to play with the feelings that the previous losses will be recovered, but in most instances they even lose more and more. Discussions about chasing losses have been made in this gambling discussion and we have already advised gamblers not to chase losses because it will lead to addiction in the quest to recover losses that's how your focus and your mind will be going towards that direction and before you know you won't be able to control yourself anymore that's where the addiction comes to play. If gamblers can gamble without thinking or calculating amounts already lost you will see that very few gamblers will become addicted unlike now that most gamblers are so addicted to gambling and can't go a day without placing a bet simply because they have become more eager and inquisitive on winning to recover past losses.
hero member
Activity: 1302
Merit: 561
Leading Crypto Sports Betting & Casino Platform
Losses aren't traps because anyone can know gambling will make them lose if they check and understand about house edge.

If people think losses are traps that make people to gamble more, it's either the gamblers are careless or stupid enough to not understand house edge. So, if you see a gambler that you think like an addict, you can ask him what's house edge and how do it's work.
any gambler is liable to anything he has, their is something I understand towards gambling, because I know quite well that gambling is something that have to do with understanding and it's obvious that the loses in gambling is what is general and anyone can understand the way forward, so what gamble experience or encounter is much, and I know quite well that in gambling theirs something that is much involved and that thing is sacrifice, you have to be aware of losing or aware of gaining so it's neither you gain or you lose in cryptocurrency.

Emphasizing on sacrifice it's safe to assume that the gambler is also paying for his time spent on the casino. Whatever a player those he's meant to implement a housing edge thought on his reasoning and thoughts. Players actually have to fully engage in what they are doing. Gambling requires steady growth in knowledge. A person can't be a good engineer if he doesn't read lot of books on engineering and practice exactly what is being instructed in the books.

Players who run gambling carelessly are mainly the victim of the losses trap. Which entangles gamblers with failure and multiple losses of money and happiness. Unconditionally, gamblers can learn from one another, by asking and answering questions from one another. It's not a thing to neglect, not knowing about the house edge as a gambler is a red flag. Because the house edge changes the behavior and objective of a gambler in every session.
hero member
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The other thing is  that it is certainly true as you say that the way that succeeds in producing victory today does not mean that you will again succeed in winning with the same method or trick tomorrow, meaning that the method or trick does not work but your luck is the cause of the victory.
Losing and winning aren't going to last. You will win today but lose tomorrow and then the vice versa.

But we all knew it that at most times, the chance of losing is more often happening than of winning. So, it's true that we don't get a daily dose of winning and that's why if it comes, we need to secure the winnings we get from there.

Because if not, the casino will eventually take it back because of our emotional thought that we're lucky for the entire day where in fact, it's not gonna be.
full member
Activity: 700
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Losses aren't traps because anyone can know gambling will make them lose if they check and understand about house edge.

If people think losses are traps that make people to gamble more, it's either the gamblers are careless or stupid enough to not understand house edge. So, if you see a gambler that you think like an addict, you can ask him what's house edge and how do it's work.
any gambler is liable to anything he has, their is something I understand towards gambling, because I know quite well that gambling is something that have to do with understanding and it's obvious that the loses in gambling is what is general and anyone can understand the way forward, so what gamble experience or encounter is much, and I know quite well that in gambling theirs something that is much involved and that thing is sacrifice, you have to be aware of losing or aware of gaining so it's neither you gain or you lose in cryptocurrency.
hero member
Activity: 896
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I think everyone who gambles has lost money by gambling less and more. However, even though they lost money by gambling, many people did not end their gambling journey there, but from there they planned to gamble with another match. When a gambler wins in a game of gambling he is quite happy with his win and he is encouraged while when he loses he thinks that since he has lost and lost money he must win later. In other words, win or lose, there is a plan for one more match. If there is no mistake in the plan, many may be successful later on gambling, but most gamblers end up losing more money later on.
What you described is a typical gambling practice of people, you will see some people trying to be conservative, and hence gamble with less amount or limit their frequency of gambling. Whereas you will see another set that will have a different belief and mindset about it and gamble with more money more frequently, which is an aggressive approach. Either way, I will never condemn anything, what I would say is for the gambler to know what they are to do before doing it. Every approach of gambling has helped some people to make money in the past and the same is the opposite when it comes to losing money.

We should always leave that as a measuring gauge but admit to the fact that something could be missing in the two categories (losers and winners despite doing the same thing) to have warranted that. And that could be traced to how cautious we are and how we use our instincts wisely as well. Not only that, the calculative budgets, restraint, and proper money and risk management could go a long way in keeping a whole lot that should have gone wrong in check and keeping the gamblers happy. And even if they do not earn more, they will not still lose much.
legendary
Activity: 2716
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Leading Crypto Sports Betting & Casino Platform

All people have their own luck in life which means yes they are all smart, if indeed luck is used as a measure of intelligence in a person for some people, but yes, of course forget about that because after all the victory in gambling is not caused by someone's intelligence but because they managed to get lucky in life. Basically in gambling whoever you are, whether you are a professor, doctor, or fortune teller, or a really smart person still in the end you will not be able to control the results in gambling.

It is a hit and miss activity that does not refer to anything other than luck, therefore the results are often random, yes you may win now but it does not mean that tomorrow you will win again even if you use the same method, therefore because of this why it is always forbidden to take your gambling activities seriously because no matter what and until whenever the results will not always be what you expect, and when you do win it does not mean you are smart, but you are lucky, nothing more than that.
It is true, luck in gambling has its own differences that will be received by each gambler and it is not certain that luck in gambling will be obtained easily and quickly because all of that requires a long process and is not easy either.
Agree every gambler who at that time they were in one game even though the way or trick of playing was the same but the results were not necessarily the same and of course there were those who experienced defeat and some who won at that time or even all lost too. Well here it can be concluded that luck in gambling is indeed a matter of luck and every gambler cannot guess or predict that luck.

The difference in the luck of each gambler can vary, for example, if you managed to win now in the sense that you are lucky, it does not mean that other people will also be able to win at the same time as you, meaning that there is a time difference, and also in terms of the amount is the same, maybe the number of wins of other people is very large in the sense  that they are very lucky, In the event that you're looking to get a new home, you'll want to look at a few of the things that you can do to make sure that you're getting the most out of your new home.

The other thing is  that it is certainly true as you say that the way that succeeds in producing victory today does not mean that you will again succeed in winning with the same method or trick tomorrow, meaning that the method or trick does not work but your luck is the cause of the victory.
legendary
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People take gambling way too seriously and this causes issues for them in the long run. I gamble as well, do it occasionally, but I have never faced any problems because of it because I don't overdo it, the reason is simple, I know nothing positive is going to happen if I push it, so I just back off when I know it's time.
Good for you mate, you consider gambling for fun and you stick with it. However, there are gamblers who thought they could beat the house, that's foolish, right? But if they play on games that are based on skills and they believe they can win in the long run, then that's ambitious but realistic, I fall into that description as I don't just play for fun but I'm also thinking on how to be profitable in gambling, although it's quite impossible for some but I'm ready to try.
Let me tell you something, pushing your luck in casino games is useless because you can't keep trying to get a big win when there is no contribution you can make to it and it's all based on your luck and you never know, you might never become lucky enough to win something big from it.

If you want to try and be profitable in gambling, I would suggest you get into sports betting if you have some knowledge and experience regarding a sport. Everyone likes some sport, right? And if we like a sport, we probably watch all the games of that sport and when we do that, we should have a lot of knowledge about the teams and their players and we should know which side is better and which isn't, so using this knowledge, we can manage to become profitable in sports betting eventually. I know it's not easy initially, you might lose some bets, but if you keep trying, you will get it later.
legendary
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The downside of sports betting though is that since it is not entirely based on luck, it can be manipulated. I have seen many cases where they pay off an athlete to lose just so the player they betted on wins, and they win the gamble.

You shoud consider this as part of your handicapping skills. Fixed games are not new, as a sports bettor, we should be well aware of that, not only the players could rigged, but even the refs or worse the league itself. So we should undertand how to still be profitable given that situation could happen anytime in games that we are betting.

Yeah, so true. Damn referees are sometimes too obvious with their calls and fans could only boo them but they cannot do anything about it. I think it's the referee's association that must be strict with their officials. Maybe some of them have relatives who are making the bets and it must not happen.
It's not just players that must be monitored with this kind of issue but them also especially when they are the ones making the calls.

It's not easy to see if a fixed game will happen especially if we are putting the bets before the game starts but there are times traps can be too obvious just by knowing the team you are rooting for or their opponent.
hero member
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The downside of sports betting though is that since it is not entirely based on luck, it can be manipulated. I have seen many cases where they pay off an athlete to lose just so the player they betted on wins, and they win the gamble.

You shoud consider this as part of your handicapping skills. Fixed games are not new, as a sports bettor, we should be well aware of that, not only the players could rigged, but even the refs or worse the league itself. So we should undertand how to still be profitable given that situation could happen anytime in games that we are betting.
sr. member
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I'm referring mainly to sports betting here because it is a part of gambling where results aren't usually influenced by luck but they are dependent on stats and figures and someone with enough knowledge can know these things even if they don't know them by heart, they can do some research and find out.
There are miracles even in sports and I have seen them happen. It is still gambling because you are betting on something that has not yet happened and you are only depending on your assumptions.

No one can still know the actual outcome of the game. The downside of sports betting though is that since it is not entirely based on luck, it can be manipulated. I have seen many cases where they pay off an athlete to lose just so the player they betted on wins, and they win the gamble.
hero member
Activity: 1302
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Leading Crypto Sports Betting & Casino Platform
I think everyone who gambles has lost money by gambling less and more. However, even though they lost money by gambling, many people did not end their gambling journey there, but from there they planned to gamble with another match. When a gambler wins in a game of gambling he is quite happy with his win and he is encouraged while when he loses he thinks that since he has lost and lost money he must win later. In other words, win or lose, there is a plan for one more match. If there is no mistake in the plan, many may be successful later on gambling, but most gamblers end up losing more money later on.
Not many would be successful because I actually think it's the latter, you don't even have to make a mistake in the second time that you trying to win because even the second try itself is a mistake it's just it takes much longer time to realize that. Gambling is something can conflict your emotions and many people are of the opinion that they can get back their money even if they lose which is the total vague way to go about it although sometimes it does work but the level of certainty is low.

Losses is a trap for those it fascinates, they'll have to go through too many thoughts involuntarily on whether to continue playing or not. It's always the case of playing more games to recover and utilize their lost money. It's a failed type of reasoning which probably doesn't make the player glad at the end of the session. Because a complete bankroll could be exhausted thereby stressing out on the thoughts of the player. Multiple cases have been recorded of family men who have played all the money needed to run their home for a month.

As disheartening as it may be, chasing losses have actually proven to gambler how huge a trap it is for greedy players who are not able to stop even after losing on the next try. I'm surprised as well, how players tend to have similar thoughts about losing and the control it places on gamblers, which leads them to playing more games, this shows that their thoughts controls them. A change of thought can be helpful, players who are not seeing it as something that should make them feel bad can easily bypass such traps.
sr. member
Activity: 798
Merit: 377
When I had meet my friends last Sunday,We had discussed about this topic.We are friends based on our gambling interest and all of us are the gamblers.I had already mentioned about my friend who loss 2k in this below thread also take part in our meeting.

https://bitcointalksearch.org/topic/after-losing-the-money-in-gamblingwhat-is-your-strategy-5493038

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

With my experience,I had use to win and loss based on the time I am playing the game.If I had the gambling at the sleeping mood,most of the time.I had loss the capital money in the gambling site.The winning also depends upon the gambling experience,many gamblers use to play the game based on the game experience.But some gamblers think the gambling was based on the luck,So they only do the random betting in the gambling site.The reason for most of the loss in the gambling sites are repeating the same algorithm in the gambling site after the gambling site change their algorithm to the game.

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

Gambling Generally, as people experience losses, they participate in more gambling to recover the losses. But it is not wrong to participate in gambling if the person is focused enough to recover the losses and is addicted to gambling, chances of further losses are high. A person addicted to gambling is never able to win, because his attention is always drawn to winning at gambling. Every person knows that there are gains and losses in gambling, but if a person tries hard to recover his losses, he is heading in the wrong direction. If you gamble with a simple mind and without addiction to gambling, you will definitely have a higher chance of winning.

hero member
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I think everyone who gambles has lost money by gambling less and more. However, even though they lost money by gambling, many people did not end their gambling journey there, but from there they planned to gamble with another match. When a gambler wins in a game of gambling he is quite happy with his win and he is encouraged while when he loses he thinks that since he has lost and lost money he must win later. In other words, win or lose, there is a plan for one more match. If there is no mistake in the plan, many may be successful later on gambling, but most gamblers end up losing more money later on.
That is a mistake if people doesn't reduce their gambling activity because they already lost their money and that can increase their lost money. They must realizes that playing gambling too often can makes them lose more money and that can makes them lose all of their money.
They can reduce it slowly and reduce the money they used to playing gambling and trying to manage their time and money. That will helps them to manage their gambling activity not too often so they can playing gambling normally.
If they already lose on one gambling games, they should not moves to the other gambling games but stops for a while to reduce their tension and not lose more money. After all, they must their minds not to thinks about playing the other gambling games because that can makes their lost will be increase.
hero member
Activity: 644
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Leading Crypto Sports Betting & Casino Platform
I think everyone who gambles has lost money by gambling less and more. However, even though they lost money by gambling, many people did not end their gambling journey there, but from there they planned to gamble with another match. When a gambler wins in a game of gambling he is quite happy with his win and he is encouraged while when he loses he thinks that since he has lost and lost money he must win later. In other words, win or lose, there is a plan for one more match. If there is no mistake in the plan, many may be successful later on gambling, but most gamblers end up losing more money later on.
Not many would be successful because I actually think it's the latter, you don't even have to make a mistake in the second time that you trying to win because even the second try itself is a mistake it's just it takes much longer time to realize that. Gambling is something can conflict your emotions and many people are of the opinion that they can get back their money even if they lose which is the total vague way to go about it although sometimes it does work but the level of certainty is low.
full member
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I think everyone who gambles has lost money by gambling less and more. However, even though they lost money by gambling, many people did not end their gambling journey there, but from there they planned to gamble with another match. When a gambler wins in a game of gambling he is quite happy with his win and he is encouraged while when he loses he thinks that since he has lost and lost money he must win later. In other words, win or lose, there is a plan for one more match. If there is no mistake in the plan, many may be successful later on gambling, but most gamblers end up losing more money later on.
sr. member
Activity: 1470
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All people have their own luck in life which means yes they are all smart, if indeed luck is used as a measure of intelligence in a person for some people, but yes, of course forget about that because after all the victory in gambling is not caused by someone's intelligence but because they managed to get lucky in life. Basically in gambling whoever you are, whether you are a professor, doctor, or fortune teller, or a really smart person still in the end you will not be able to control the results in gambling.

It is a hit and miss activity that does not refer to anything other than luck, therefore the results are often random, yes you may win now but it does not mean that tomorrow you will win again even if you use the same method, therefore because of this why it is always forbidden to take your gambling activities seriously because no matter what and until whenever the results will not always be what you expect, and when you do win it does not mean you are smart, but you are lucky, nothing more than that.
It is true, luck in gambling has its own differences that will be received by each gambler and it is not certain that luck in gambling will be obtained easily and quickly because all of that requires a long process and is not easy either.
Agree every gambler who at that time they were in one game even though the way or trick of playing was the same but the results were not necessarily the same and of course there were those who experienced defeat and some who won at that time or even all lost too. Well here it can be concluded that luck in gambling is indeed a matter of luck and every gambler cannot guess or predict that luck.
sr. member
Activity: 490
Merit: 325
All people have their own luck in life which means yes they are all smart, if indeed luck is used as a measure of intelligence in a person for some people, but yes, of course forget about that because after all the victory in gambling is not caused by someone's intelligence but because they managed to get lucky in life. Basically in gambling whoever you are, whether you are a professor, doctor, or fortune teller, or a really smart person still in the end you will not be able to control the results in gambling.

If at all gamers have a way they can control the outcome of a game, they will do it and the gambling platforms will fight there way to block it but there is nt any in it especially if you are the type gambler that like casino games. Everything that happens is program to work on how it's design and model to give outcomes but if you are bettor who bets games, there are some options in sport betting you can use to mitigate loss. For example, instead of picking straight win in a game a bet, you can decide to bet on win or draw, this can help you with two options if you are having doubt about the outcome to be draw or direct win but you know they wouldn't lose. There are many more options which you can use reduce the risk of losing a game from the outcome but you can't control how the game is played.
sr. member
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Basically in gambling whoever you are, whether you are a professor, doctor, or fortune teller, or a really smart person still in the end you will not be able to control the results in gambling.

Yep, in gambling games, you can't, but in some parts of gambling, maybe you can, it would depend on how much knowledge you have regarding that sphere of gambling.

I'm referring mainly to sports betting here because it is a part of gambling where results aren't usually influenced by luck but they are dependent on stats and figures and someone with enough knowledge can know these things even if they don't know them by heart, they can do some research and find out.

A lot of sports bettors earn good money every month using sports betting as a side hustle, and they do it because they have a lot of experience and knowledge regarding certain sports like football and basketball. If you think you have what it takes, you can go ahead and give it a try and you will find out that it's different than casino games. However, it still doesn't mean one should gamble with money they can't afford to lose.

Remember, always gamble responsibly.
legendary
Activity: 2716
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Some individual think they are good in gambling but they don't know they're just lucky but when you continue to gamble excessively you will run out of luck and start to lose. You can be lucky in all the games you play, you're also going to be tired from playing too much and it will make you to lose. Sportsbook using the possibility of you winning to trap you to continue to play. When you feel like you can win the next game, stop and make sure that it is possible to win.

Just because you're feeling lucky shouldn't be the only reason why you should continue gambling, if your gambling budget for the day has been crossed, you need to stop gambling or you'll be caught in the trap. Both gambling losses and gambling wins are a trap as both of them can make you to continue gambling when you should have stopped to take home the profits that you already have.
Yes, arrogance will arise in a gambler because he is too optimistic and feels the smartest in achieving victory, but in reality, in gambling, the results of victory are based on luck alone, even though the gambler is already smart in running his gambling game, but luck will still determine.
Yes, I agree with you, gamblers will feel bored and tired if what is expected is not immediately fulfilled and maybe he will stop soon if it is still done, it will get worse later.

All people have their own luck in life which means yes they are all smart, if indeed luck is used as a measure of intelligence in a person for some people, but yes, of course forget about that because after all the victory in gambling is not caused by someone's intelligence but because they managed to get lucky in life. Basically in gambling whoever you are, whether you are a professor, doctor, or fortune teller, or a really smart person still in the end you will not be able to control the results in gambling.

It is a hit and miss activity that does not refer to anything other than luck, therefore the results are often random, yes you may win now but it does not mean that tomorrow you will win again even if you use the same method, therefore because of this why it is always forbidden to take your gambling activities seriously because no matter what and until whenever the results will not always be what you expect, and when you do win it does not mean you are smart, but you are lucky, nothing more than that.
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