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Topic: Did gambling losses are traps to new game - page 5. (Read 1983 times)

full member
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I agree with the statement, "Gambling losses are the traps for the gamblers to get into gambling again." A gambler's loss will make him want to recover his previous losses, which is a trap for him because he can lose more money. The more often we gamble, the more we will lose money, and we will still have difficulty winning some money from gambling. That is why we really have to be able to control ourselves well when gambling. And if we lose, we should just accept the loss and not think about recovering from it. If we gamble another day, we don't need to think about our previous losses because that will disturb our mood when playing gambling. We might have the desire to recover our previous losses rather than enjoy the gambling game.
Of course, when a gambler loses money by gambling, he gambles again and again to get that money back, but it turns out that while gambling, he loses twice as much money and returns home empty-handed. There are also gamblers who become addicted to gambling and gamble so much that they have no money to repay the debt. His family is forced to pay his debts. A gambler I met was addicted to gambling and had a huge amount of money. But he is constantly gambling to lose money and now he is completely destitute. His family is constantly quarreling. Seeing the life of that gambler, I think how dangerous a gambling addict is for a family. A person addicted to gambling cannot lead a proper life and cannot perform his family responsibilities properly. So a person with gambling addiction must be aware. A gambling addiction person can never build his life beautifully. So everyone should avoid gambling addiction.
hero member
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This seems to refer to "chasing losses" and is indeed very detrimental to gamblers. For someone with a normal mindset, they can go into a casino or online game with a certain amount of money, knowing full well that they expect to lose it all - because the games are engineered towards this outcome. Someone who has picked up a gambling addiction has a different problem though. They have often wasted large amounts of money, which they may struggle to replace and in their regret they think that the next bet will be the one to solve that problem - to give it all back. Except it never comes and the casino does not owe you a win.

I am more interested in continuing your idea about addicted gamblers where they always treat their frustration and emotions by renewing their hope as you said that they think the next session is the solution to restore everything they have lost, and clearly that is their biggest mistake because when If we put greater hope in anything, especially something that does not have any certainty or guarantee then of course the possibility of more significant disappointment is very likely to occur.

This is the reason why a gambling addict over time experiences greater amounts of loss, none other than because they apply the wrong mindset where all actions that result will only cause problems and lead them to lose larger amounts of money. This is why many people advise not only to put limits on the amount of budget at stake but also to limit our expectations of winning, and I would say that it all starts and is caused by their misunderstanding of what gambling really is like.
brand new
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No one comes into business to lose or for charity, so I hardly believe any gambling casino isn't Programmed to make themselves rich, that's why I don't play any virtual or simulated games form any casino, I rather stick with real live events like football matches that they have little control over.
We all know if you build a business the main goal is profit, and of all the businesses in this world I see the gambling business is a very lucrative business, it is unlikely that this business will go bankrupt. And I agree with you the casino business is not for charity they have set up an algorithm only the owner will benefit, and we as users will only benefit from luck, therefore we as gamblers must be responsible not to be lulled by the big prizes, gamble in your spare time and only bet with money you can afford to lose,
I agree with real gambling such as betting on soccer matches, it will be difficult to control gambling in soccer, gambling like this that requires strategy and luck,
legendary
Activity: 2688
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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…

This seems to refer to "chasing losses" and is indeed very detrimental to gamblers. For someone with a normal mindset, they can go into a casino or online game with a certain amount of money, knowing full well that they expect to lose it all - because the games are engineered towards this outcome. Someone who has picked up a gambling addiction has a different problem though. They have often wasted large amounts of money, which they may struggle to replace and in their regret they think that the next bet will be the one to solve that problem - to give it all back. Except it never comes and the casino does not owe you a win.
hero member
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^

I think you are describing an irresponsible gambler. A responsible gambler limits his deposit to avoid losing more money than he can afford to lose. He will never take a loan for gambling, because gambling is not an easy way to make money, but entertainment, for which you have to pay. Even if a gambler does not realize it immediately, it will come with experience. Of course, it is better to learn from other people's experience, but it is not given to everyone.

You're absolutely correct mate, a responsible gambler shouldn't take loans to gamble, even if the urge keeps hitting hard to recover his loss he isn't supposed to fall for such. Just as the op said, that his friend borrow from their friends to gamble when he wants to get back at the casino, trying to win back his losses. This shows that his friend is addicted and he need solid advice from an experienced therapist to talk him out of that addition. There is a famous saying that if you can't Beat them, join them. If you can't talk your friends out of addiction they might in the other hand talk you into it except you are truly discipline. And in the first place I wouldn't give any addicted gambler loan of any kind, because I know they'll definitely not pay back.
hero member
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Gambling is fun, its exciting, but it aint a get-rich-quick scheme. The home always win. Always. That is how they earn their money. They are merely playing the chances, which are always in their favour; they are not cheating. So, what does this imply for you? It says you must be intelligent. You need to know when to walk away. It is a loser's game to pursue loses. It is a trap. It'll draw you in and then dump you miserable and broke.

You know, winning in gambling is knowing when to give up. Budget, stick to it, and accept that you will lose. Another day always comes. Never forget, enjoying yourself is the main goal. Wealth is not the goal. You will be ahead if you can remember that.
As long as they can treat gambling as an entertainment, they will not trying to lets them lose much money. They knows that the house will always wins, more than what the gamblers gets and they will not spends much money to wins. They knows their limitation and will trying to holds themselves from spends more money. If they lose, they will not lets the lose becomes bigger and will prevents by stops from playing gambling for a while and leave the casino.

They will not lets themselves gets in a trap by playing the other gambling games. They already see the impact for their budget which will makes them lose much money. If they lose, that can leave the gambling games and will not trying to recovers their losses because that is difficult. They will knows how to prevents the traps from the gambling games.
hero member
Activity: 2702
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Gambling is fun, its exciting, but it aint a get-rich-quick scheme. The home always win. Always. That is how they earn their money. They are merely playing the chances, which are always in their favour; they are not cheating. So, what does this imply for you? It says you must be intelligent. You need to know when to walk away. It is a loser's game to pursue loses. It is a trap. It'll draw you in and then dump you miserable and broke.

You know, winning in gambling is knowing when to give up. Budget, stick to it, and accept that you will lose. Another day always comes. Never forget, enjoying yourself is the main goal. Wealth is not the goal. You will be ahead if you can remember that.
It is not even a trap set by casinos, casinos only rely on the math behind the games to get an edge over the players, it is the players themselves which create and fall into the trap of chasing their losses, something they should know will only bring them heavier losses, and still they choose to engage in that behavior.

So when a person elects to behave in a way it does not make sense and they do so regularly, this is an indication that something else is happening, with an addiction being the most likely explanation.
hero member
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Some people choose to gamble because of desperation and hopelessness. Some jobless take this and think that gambling could give them better opportunities to make money but it ends up nothing. Instead of making more money, they are now suffering losses which is the worst thing happen.
The people who choose to gamble because they are depressed and hopeless would not make money from gambling, they will always end up having nothing as gambling does not work well with depression. Depression will trap you to keep gambling and you will never be contender with what you are earning. Depression will make you an addict and this will make you to never stop gambling despite if you are winning or not winning. Gambling losses are a trap for new games because it will make you to want to gamble more and the more you keep losing is the more you will want to gamble because you do not want to lose but it would not work out in that way. To avoid this mistake, when we lose when gambling we should accept our defeat and not gamble more or you will lose more.
They will only losses more money if they still playing gambling and not thinks about search for the other solution to lets thems leave the gambling. Their depression will becomes higher until they can take care of themselves and they can gets in a trap to new game if they still playing gambling. That can triggers them to lose more money and not realizes that they are commit a big mistakes. They will difficult to realizes to stops from playing gambling and keeps stay in gambling and trying to playing another gambling games.

If some people lose in the gambling games, they will curious and will try to moves to the other gambling games. They feels that their luck will comes if they playing the other gambling games but that doesn't always happens to them because gambling is not like that. Gambling is just an entertainment and not for earn money.
Gambling is fun, its exciting, but it aint a get-rich-quick scheme. The home always win. Always. That is how they earn their money. They are merely playing the chances, which are always in their favour; they are not cheating. So, what does this imply for you? It says you must be intelligent. You need to know when to walk away. It is a loser's game to pursue loses. It is a trap. It'll draw you in and then dump you miserable and broke.

You know, winning in gambling is knowing when to give up. Budget, stick to it, and accept that you will lose. Another day always comes. Never forget, enjoying yourself is the main goal. Wealth is not the goal. You will be ahead if you can remember that.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Some people choose to gamble because of desperation and hopelessness. Some jobless take this and think that gambling could give them better opportunities to make money but it ends up nothing. Instead of making more money, they are now suffering losses which is the worst thing happen.
The people who choose to gamble because they are depressed and hopeless would not make money from gambling, they will always end up having nothing as gambling does not work well with depression. Depression will trap you to keep gambling and you will never be contender with what you are earning. Depression will make you an addict and this will make you to never stop gambling despite if you are winning or not winning. Gambling losses are a trap for new games because it will make you to want to gamble more and the more you keep losing is the more you will want to gamble because you do not want to lose but it would not work out in that way. To avoid this mistake, when we lose when gambling we should accept our defeat and not gamble more or you will lose more.
They will only losses more money if they still playing gambling and not thinks about search for the other solution to lets thems leave the gambling. Their depression will becomes higher until they can take care of themselves and they can gets in a trap to new game if they still playing gambling. That can triggers them to lose more money and not realizes that they are commit a big mistakes. They will difficult to realizes to stops from playing gambling and keeps stay in gambling and trying to playing another gambling games.

If some people lose in the gambling games, they will curious and will try to moves to the other gambling games. They feels that their luck will comes if they playing the other gambling games but that doesn't always happens to them because gambling is not like that. Gambling is just an entertainment and not for earn money.
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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.

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…

Your friend is right about gambling. Losses that gambler experiences while gambling can act like a catalyst to either make the gambler continue gambling again and again until they lose all the money or it can force the gambler to stop gambling. Losses in gambling can act in those two ways, depending on the attitude of gambler, you know that everyone have different attitude and morals towards life, that is why we react differently to some changes and situations.  If some gambler lose more than four times, they will stop immediately but their are some gamblers that will always continue no matter their losses.
legendary
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^

I think you are describing an irresponsible gambler. A responsible gambler limits his deposit to avoid losing more money than he can afford to lose. He will never take a loan for gambling, because gambling is not an easy way to make money, but entertainment, for which you have to pay. Even if a gambler does not realize it immediately, it will come with experience. Of course, it is better to learn from other people's experience, but it is not given to everyone.
legendary
Activity: 1442
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It seems to me that the most unfavorable scenario in gambling for an ordinary player begins with his big victory, because after this event, the player begins to think that this will always be the case. And after that he starts playing and catching loss after loss. At first, this is nothing unusual for him, because he is simply sure that nothing bad will happen to him like with other players, because in his opinion everyone else is stupid or losers except him. And so the losses continue, sometimes allowing him to win small amounts to keep his hope alive. After a while, his own money begins to run short and he thinks about where to find more or from whom to borrow this money. He ends up borrowing from his friends and ends up in debt. I think this classic path of the gambler is the most dangerous and it is very difficult to get out of such situations, because you can become an addicted gambler without ever finding a way back to normal life.
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No one comes into business to lose or for charity, so I hardly believe any gambling casino isn't Programmed to make themselves rich, that's why I don't play any virtual or simulated games form any casino, I rather stick with real live events like football matches that they have little control over.
full member
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Some people choose to gamble because of desperation and hopelessness. Some jobless take this and think that gambling could give them better opportunities to make money but it ends up nothing. Instead of making more money, they are now suffering losses which is the worst thing happen.

The people who choose to gamble because they are depressed and hopeless would not make money from gambling, they will always end up having nothing as gambling does not work well with depression. Depression will trap you to keep gambling and you will never be contender with what you are earning. Depression will make you an addict and this will make you to never stop gambling despite if you are winning or not winning. Gambling losses are a trap for new games because it will make you to want to gamble more and the more you keep losing is the more you will want to gamble because you do not want to lose but it would not work out in that way. To avoid this mistake, when we lose when gambling we should accept our defeat and not gamble more or you will lose more.
hero member
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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.
This is a very bad decision he made, such that he's bound to regret and no doubt he's regretting it now since he didn't achieve his aim. His gambling addiction led him to going too far to pursue loses. I think the person that loaned him the money for gambling made the bigger mistake unless he's not aware of his intentions.
In fact, both parties are committing wrong actions, gambler is not advised to borrow money as betting capital and everyone even if they are close friends is also not advised to give loans if they are only used for gambling, there will be repercussions bad for both.
If an addict can get loan, it is clear that they will go further and take ambiguous decisions without first thinking about the risks and impacts of their decisions.
Moreover, when someone gives loan, indirectly he is also providing support to his friend in the problem of addiction that has occurred, this kind of thing should be reduced significantly.

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.
This is true when you don't gamble in moderation, you fall into the recovery pressure trap, just like your friend. I really think you guys should talk or motivate this guy into quitting gambling for now before things gets out of hands.

It seems he's also unemployed, which makes him see gambling as an earning opportunity and this is the architect of his problems.
What is clear is that money is very difficult to get, in fact everyone has to work hard and do business diligently to be able to make certain amount of money and when they lose it, they will never easily accept or give up the lost amount of money.
There is always desire to be able to recover some of the money lost and they will act greedily when they win, this is an attitude that always occurs and very rarely gamblers are able to suppress it.
Moreover, the fundamental thought for gamblers is that they consider gambling to be the right place to make money easily and quickly, even though in certain conditions they are aware that what they do only results in losses due to losses that occur.
legendary
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This is true when you don't gamble in moderation, you fall into the recovery pressure trap, just like your friend. I really think you guys should talk or motivate this guy into quitting gambling for now before things gets out of hands.

It seems he's also unemployed, which makes him see gambling as an earning opportunity and this is the architect of his problems.
It is kinda easy to motivate someone and give advice to stop gambling but the problem is how to convince him to forget about gambling and change his mind. In fact, many people did this and only a few of them went successfully while the majority failed to change their gambling life. This is how addiction makes someone become blind and not know what is wrong because what is their mind is to gamble and no matter what it takes, they don't care.

Some people choose to gamble because of desperation and hopelessness. Some jobless take this and think that gambling could give them better opportunities to make money but it ends up nothing. Instead of making more money, they are now suffering losses which is the worst thing happen.
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Let love lead
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.
This is a very bad decision he made, such that he's bound to regret and no doubt he's regretting it now since he didn't achieve his aim. His gambling addiction led him to going too far to pursue loses. I think the person that loaned him the money for gambling made the bigger mistake unless he's not aware of his intentions.

Quote
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.
This is true when you don't gamble in moderation, you fall into the recovery pressure trap, just like your friend. I really think you guys should talk or motivate this guy into quitting gambling for now before things gets out of hands.

It seems he's also unemployed, which makes him see gambling as an earning opportunity and this is the architect of his problems.
hero member
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We have to be poetically responsible, whenever we get excited in the game we fall into simple traps, childish traps, like chasing losses when we have lost a lot of money, the other thing is that other types of events can occur, such as staying up late playing in a casino, leaving drunk, all this about alcoholic drinks in a casino is for that, to make you lose control, concentration and control is what should characterize us in order not to lose our way, I think that if a person has good consideration for that, he will not have to worry about anything in the future when he is in a Casino.

If we have full control over ourselves, we will be responsible gamblers and not easily trapped when we experience defeat and we will not try to chase losses because losing has become part of the gambling game and it is not a trap for us to continue playing but it is gambling has the potential to lose. When someone feels at a loss, they don't accept it and want to return the money they have lost, but without realizing it, that is what makes someone lose self-control and end up getting trapped in the game they are playing.

Indeed, when we are too excited, it is difficult to control ourselves, but don't let gambling make you uncontrollable, you have full power over yourself, don't let gambling control your mind to continue gambling when you lose, because thoughts like that will make the gambler become less responsible because chasing defeat too much.
legendary
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We have to be poetically responsible, whenever we get excited in the game we fall into simple traps, childish traps, like chasing losses when we have lost a lot of money, the other thing is that other types of events can occur, such as staying up late playing in a casino, leaving drunk, all this about alcoholic drinks in a casino is for that, to make you lose control, concentration and control is what should characterize us in order not to lose our way, I think that if a person has good consideration for that, he will not have to worry about anything in the future when he is in a Casino.
A responsible human being wouldn't do anything bad even if they are involved in something that isn't generally considered very good. Many people think of gambling as an activity that can be harmful to anyone which is not true because it all depends on how you handle it and whether you have enough patience and self-control to stay in control at all times.

Responsible people don't get addicted to gambling or alcohol or do things that can be financially or mentally harmful for them. You might see a responsible person gambling in a casino, but you wouldn't see them drinking and losing control over themselves and then becoming completely reckless with their bets and even their body or behaviour which is a bad thing because one should be under control at all times.
Indeed it is like that, a person who is responsible above all else does not get drunk, he knows that he has to manage his money very well so that things do not get out of control and for a responsible person his family and his children come first, I believe that if a person does not have a family or anything yet, he is not going to spend so much money and be left empty-handed, that is something we cannot accept, besides we are thinking humans, and we have logic and we use reason, besides it is free to use, so there is no excuse, you have to consider all these types of things before playing in any casino and doing anything that has to do with money.
sr. member
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Gambling itself is a trap because once we used to it we will crave for it we will find ways to gamble again same as chasing losses just because we wanted our money back or maybe we are hoping to hit the jackpot as that is what our purpose of gambling instead of gambling for fun. We are chasing loss one after another that is why we are caught in that emotional trap because the system/casino owners knows how greedy gamblers are.
It's how the system is built to be; the casino industry is not just growing and expanding just because they have customers; it's because they have more gamblers dancing to their turn, and only a few people actually escape the trap they set for them. 
 
That pattern of when you lose a game some days up to the extent that you will almost exhaust what you budget for the day just in your last bet you will happen to win 1 or you will nearly win which will motivate the gambler not to give up instead they will deposit more money thinking they are close to winning something big but at the end of the day it's just the same story.
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