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Topic: [DISCUSSION] How to overcome a big loss in gambling? - page 5. (Read 969 times)

copper member
Activity: 658
Merit: 402
Losing is part of gambling, and we as a gambler should know and be prepared for that. The bigger money you put into gambling, the higher the risk you'll be losing a big amount of money too. That's why it's advisable to only gamble the amount of money you are willing to risk and lose. If you can't cope up with big losses, it means you should only stick with small bets. And that's what I usually do since I can't afford to lose much money.

For me, gambling is for entertainment and not as a way to earn income. I only make small bets to avoid regretting if I end up losing my money. I agree with what OP said, but if you still can't handle it, then that serves as a lesson. Why would you put yourself in a situation you can't handle and overcome? That's why in gambling, we should really think first before putting everything at the risk.



legendary
Activity: 3080
Merit: 1353
Why not think of quitting gambling for good though if you have lost like $3k? Of course, it sound difficult because gamblers have that mentality to come back and try to win and chase what they have lost. So if you gather yourselves then probably the best option is to think of not gambling anymore. Or at least minimize your gambling activities so that you won't be emotional affected specially if you are going to play with just small amounts the next time you play.

legendary
Activity: 2422
Merit: 1036
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1. Manage your emotion

Don't overstress yourself because you have lose a big amount of money. You can't rewind everything, so the best choice is to calm. If you stressed yourself with your great loss, it can lead to depression. And all of us really know what will happen if you can't control it. It's a mental health problem that you should manage.
For me this is the best advice with all the 5 tips that you shared.

Controlling your emotions is very easy to say but in reality it is very hard to manage when you are in an actual gambling casino. A gambler who doesn't know how to control their emotions has a higher chance of losing their  money compare to a gamble who knows how to control it.

Not managing your emotions will lead to stress and over the time, it will lead to serious depression that may change your life "FOREVER" so before spending too much in gambling make sure that you are ready to face the consequences that you may face if the worst situation happen to you.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Before you play gambling, you need to determine how much money you can afford to lose in gambling, so you don't have to use big money to gamble. That is one of many ways to overcome a big loss in gambling.

To reduce additional losses, the selection of a reliable gambling site is also very important. Here, for example, you can find the list of the best  cryptocurrency bookmakers: http://goleador.com.ru/cryptocurrency-bookmakers/

The list is good but do you think those site can help reduce some losses to their players I think not since if there's a big events or other promotional offers for sure they will bet again and although the chances to lose their money due to scams will reduce but still if you place your bet you are still at risk. And discipline is the main thing for people who want to reduce their loss in gambling since if they can able to hold their feelings towards some incidents on your gambling activities for sure they are at good shape.
full member
Activity: 1540
Merit: 219
1. Manage your emotion

Don't overstress yourself because you have lose a big amount of money. You can't rewind everything, so the best choice is to calm. If you stressed yourself with your great loss, it can lead to depression. And all of us really know what will happen if you can't control it. It's a mental health problem that you should manage.

Self-discipline and self-emotion must be practiced whenever you gamble, no matter how big or small is your budget but still, you need to manage you emotion and do proper strategies. Gambling is not just an entertainment for other people, there are gamblers who are treating it as quick rich scheme and that's a very bad mindset.

2. Don't pressure yourself to regain your loss

I know that I am not the only gambler who experience this. After a loss, I am always want to regain it causing for another loss because my mind and emotion become aggressive. If you lose that day, shut it down temporarily because all of us have bad luck days. And I do believe that luck is essential in gambling not only your strategy.

Don't push yourself to hard just to recover all your losses, that can result for another losses. Always be careful and practice good decision making so that you will never do something that you'll regret afterwards. I'm really not into gambling but once that I've loss my money, I will stop and accept my losses because maybe tomorrow, next week, next month is another chance to recover your losses.

4. Read more strategies in playing that game or assess your past performance

I know that whatever you do, you will not escape the temptation of gambling. It always attract our desires to win again. But before you play again, realize everything why do you defeat before.

Have you been a greedy in placing bets? Did you always feel positive with your cards? Did you underestimate the game? Realize everything and make sure that you must have your new strategy to win the game. But take note, it isn't an assurance that you will win this time.

Practice and seek help to those professional gamblers that you know on how did they grow their money and what are the strategies to do to minimize losses and increase winnings. They have a lot of experience in gambling and I'm pretty sure that they will give you some sort of effective strategies and advice that you can use to become more effective in gambling.
hero member
Activity: 2548
Merit: 666
I don't take loans, ask for sig if I ever do.
Number one is all you need tbh. It's just that there are various ways in doing number one, hence the other tip such as tips 2-5. Emotion is the only thing that lets us do compulsive things and it's honestly not easy to stop it. I'm not saying that acting compulsive is always negative since it can always bring you benefits, just that in most cases, its a negative emotion. In a sense, managing your emotion doesn't only mean calming yourself. It can also mean letting out your rage, entirely at it's peak at something, or maybe even someone, and ngl, that's also a form of managing emotion. May not be the best one, but it is one of them.
It all goes down to control, control on how many yours you can allocate, control on how much money that you can gamble, people become miserable because they do not have control, they gamble for the sake of gambling, they want more which their money and time cannot give them, the worst thing is they have a taste of big winning and they think that they can do it again which is just an illusion.
If controlling was so easy, a lot of people wouldn't be under debt and a lot of people wouldn't be gambling addicts. Words are easy to say but never easy to do tbh. Let me correct something though, they gamble for the sake of winning, not gambling. There's a difference since imo, gambling to gamble means to enjoy the game, to enjoy what "gambling" means while gambling to win means to aim for the money, the prize pool while using gambling as a medium. They're both similar in the sense that they use gambling as a means, but the ends are quite different since one aims to enjoy, and the other aims for the money. There actually may be notions that to enjoy is to win, but eh, that's up to the person himself to understand whether what he really wants is to win to enjoy or to win to win (basically for the money).
legendary
Activity: 3206
Merit: 1885
Metawin.com
In those five tips given by OP number 2 and 3 is what helped me when i'm at the point of losing my gambling balance funds i'll look for other things to fill in my gambling time and avoid thinking of gambling as much as possible. If I can't resist myself because of sports what I would sometimes do is follow the 4th tip as it encourages the practice of bankroll management and plan ahead on your next deposit.
member
Activity: 773
Merit: 17
Before you play gambling, you need to determine how much money you can afford to lose in gambling, so you don't have to use big money to gamble. That is one of many ways to overcome a big loss in gambling.

To reduce additional losses, the selection of a reliable gambling site is also very important. Here, for example, you can find the list of the best  cryptocurrency bookmakers: http://goleador.com.ru/cryptocurrency-bookmakers/
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
This mostly called "Chasing Losses" and the most stupid way for gamblers to deal because the more you eager to win is the more losses will come to you.

Not bad if you have a plan, I supposed so. What was stupid IMO is going out to such places without having even a single thought of how you should act, what you're gonna do when you win and when you lose, and when to get out specially if you run out of money or to sum it up a robust plan.

One more thing to add, mostly, on what I observe, gamblers tend to think that gambling is for just for fun or entertainment thing that they usually forget when they feel challenged 'cause of losses which obviously result to further beating.

Going back to the list, I also love number 3. And I think it is one of the most recommended option to go with however the thing is, it ain't simple. But I believe that if you managed to shift your attention to something that will cleanse your mind over those tempting place of gambling, you won't get easily swayed to get back and gamble again.
legendary
Activity: 3192
Merit: 1198
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It all goes down to control, control on how many yours you can allocate, control on how much money that you can gamble, people become miserable because they do not have control, they gamble for the sake of gambling, they want more which their money and time cannot give them, the worst thing is they have a taste of big winning and they think that they can do it again which is just an illusion.
hero member
Activity: 2912
Merit: 556
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Before you play gambling, you need to determine how much money you can afford to lose in gambling, so you don't have to use big money to gamble. That is one of many ways to overcome a big loss in gambling.

But if we take a sample of $3,000 of losing money in gambling, then get out of the gambling places will be the best thing before you lose more money. You need to calm yourself down, realize that you already spend too much money, and it is hard to recover the losses from gambling, or you need to find another way to recover that loss.

I know that it will not easy to calm down after we lose $3,000, but that is the only way that we must do so we can think with clear what we have done before. After calm down, you need to stop gambling and leave the place as soon as possible because if you don't do that, you will try once more to see your luck comes or not. If you do that, you will not have a chance to calm down, and you only make another mistake again.
legendary
Activity: 2576
Merit: 1655
Luckily, only a few people here in our country could spend money like that on betting. That is almost 150,000 pesos and in a province that I am living in, that is a huge amount. As I  said, people here are not that addicted to gambling so people can really stop when they wanted to. Losses are inevitable but since some people are not really that addicted, they could lose an amount of money and just stop for a while.

During the height of my addiction kabayan, I've lost 30k-50k PHP in a land base casino in a night.  Sad

Back to the topic, as for the emotions thingy, whether we like it or not, gamble and emotions are connected. It can really spell the difference between you becoming an addicted gambler and losing all your money or just step back and think about your life and your future.

It is really hard to control it, believed me, but I've learn to acknowledge that I have this problem in the first place. Yes I feel frustrated and annoyed and irritated after a big loss. What I do is try to regain control of myself and realised that I'm not this kind of person and that I should be responsible and not let my bad gambling habits takes over me.
legendary
Activity: 2464
Merit: 1145
FOCUS
After countless big defeats in playing gambling the most mistake that I did is not controlling over my emotional state and keeping rushing to gain back the losses and keeping doing mistakes. I've realized this over the time I am defeated, again and again, These mistakes mostly happen to addicts around there because my experience happened when I'm still an addict after realizing these things and I stopped being an addict, My coping management was greatly improved and my mistakes I mention above is being controlled by me now.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
Luckily, only a few people here in our country could spend money like that on betting. That is almost 150,000 pesos and in a province that I am living in, that is a huge amount. As I  said, people here are not that addicted to gambling so people can really stop when they wanted to. Losses are inevitable but since some people are not really that addicted, they could lose an amount of money and just stop for a while.
LoL we are at the same yard. Just room around in your place probably you will our other fellow countymen who have been addicted in gambling and lose that such amount.

Snip.

I definitely agree on that statement. If you don't want to stress regarding with your loss, don't pressure yourself. That is why it isn't advisable to gamble money came from a loan. Because if it will lose, you will be pressured to regain it. To the point that you can commit a sin or crime just to recover the money that you have lose.

The points you mentioned are very useful
Thank you for good words.
sr. member
Activity: 1638
Merit: 300
Luckily, only a few people here in our country could spend money like that on betting. That is almost 150,000 pesos and in a province that I am living in, that is a huge amount. As I  said, people here are not that addicted to gambling so people can really stop when they wanted to. Losses are inevitable but since some people are not really that addicted, they could lose an amount of money and just stop for a while.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Among on the list mentioned then these are the things which should most gamblers need to look on;

1. Manage your emotion
2. Don't pressure yourself to regain your loss

When you do deal up with gambling then this will be your primary enemy when you do lose money along the way where you would surely
burst your emotion since we dont like to lose.Right? and thats what #2 would set in when you are already on anger or being too desperate
then thats the time you will chase up your losses.This is its important to control your emotion because what comes after that will be
actions that would really lead up into more problems.

This is good advice If people will bare the mindset the same like this for sure they will not get any problem if they are losing or not since pressuring ourselves to get back our loss will result to another problem which result to much disastrous situation where we might gonna gertbroke for quick instance so for getting all things at ease don't be pressure,don't chase,take a break and play with peaceful mind.
legendary
Activity: 2800
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
The points you mentioned are very useful, but you have to know that it is very difficult to control emotions after losing a large amount of money, Tongue yet we should not be discouraged, because we all know that gambling is fully depended on our luck. so even if we lose one day, there are still waiting many glorious days to win. If someone loses and felt uncomfortable, there is no point in gambling again and again, just take a little break, don't despair you should continue gambling after a little break. I would like to suggest you that, not to become financially dependent on gambling, because, if you are completely financially dependent on gambling, losing a large amount of money to gambling will affect you and your family. this will further increase your mental pressure.  so, if you gamble along with your permanent job, then even if you lose in gamble, it will not cause mental stress.
sr. member
Activity: 1876
Merit: 370
Among on the list mentioned then these are the things which should most gamblers need to look on;

1. Manage your emotion
2. Don't pressure yourself to regain your loss
These two are the best to prevent getting big losses in gambling. There should be less emotion involve when you are gambling, or better if there is none at all coz it will basically affect your decision making especially when you are playing strategic games like table games. Pressure can feel often when you are losing, I suggest to stop when you start to confuse yourself whether to stop or to continue, always choose to stop, that's the pit stop.

When you do deal up with gambling then this will be your primary enemy when you do lose money along the way where you would surely
burst your emotion since we dont like to lose.Right? and thats what #2 would set in when you are already on anger or being too desperate
then thats the time you will chase up your losses.This is its important to control your emotion because what comes after that will be
actions that would really lead up into more problems.
Well losing is really frustrating but you just need to cope those lost so you can regain  the balance the next time. Always remember that it's not always like that, there are days that you'll win much bigger than that.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
for sure a good /long pause it's something that can help really a lot or it's better stop to gamble.
just because with gamble you can't become rich = you can't recover a big loss.
plus if you have failed one time in something that you're not able to control, probably you will fail again and again.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
It's actually good to dwell on your losses for quite a time IMO since it will help you to be cautious and at least form some new strategy to avoid losses in the future. On big losses, you would be asking what went wrong, where you lack and where you overdid it; it basically gives you some form of reassessment of everything so you can come back stronger. But yeah, too much reminiscing of losses is bad because quite frankly it will affect your life up to a certain point that it's not healthy anymore for you and the people around you.
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