Topic: Dont chase your loss (Read 3001 times)

Yes, as for me, I believe in your words "do not chase your losses". Especially when it comes to betting, you should not be too emotional... Because that way you could lose everything completely. That means you are desperate to win back what you lost before. My humble advice! Play the game knowing that it's a win or a loss, because it's like a two-sided coin: either heads or tails. Whatever comes up, take it in good faith and not with the thought of getting back everything you lost.

Yes this topic is a nice one ,it look asive am the person who even tell you to bring this topic ,but I know that human effort and challenges are likely to be similar/same though I have a short story to tell about bet ,in the year 2020 I lost a bet of 60million two bet slip one of the slip is 30milion each all the game played just one that cut the two slip in 90+2 the game cut die minute,I wasn't my self true out the day ,I feel like dieing or to kill my self over it ,one mined told me to keep on beting with 30k to make sure I win the 60million back I said no ,even to the extent the bet company I call them I argued with them I told them to pay me they said no that the market I choose has the remaining minutes is still inside it ,that I should keep beting that one day I will be favoured

I advised my self asurming I keep on chasing my lost ,I would have lost everything,but I was determine to do other things and give up on bet
Because since the money I would have won was manipulate I didn't believe so much on bet any longer so I gave up on them ,the game I won was manipulate to their favour,I don't have much to argue with them ,I have to focus another way to see what God have for me in other direction,chasing your lost can still make you loose everything because when trying to get that which you lost ,you are still putting your self in pain and deep mess , always remember that God is your tomorrow,keep trying but let it be in another raod if not your name will be sorry

It is indeed , the main thing still here is the person involved because like me and maybe yours
that knows how to deal with gambling and by no chance that we will be coming addicted , other person
has different approach and story that may end them being in bad shape from gambling activities.
perfect term to use is PREVENTION is the Key .

I agree with you! Gambling should be approached with caution and strategy, not as a means to chase losses. It's essential to maintain discipline and stick to your gambling skills and rules, ensuring decisions are made thoughtfully rather than impulsively. This approach not only enhances the experience but also helps in managing risks more effectively. It's about enjoying the game and making informed choices.

Therefore, use a healthy mind to be able to make good decisions so that we don't make mistakes and end up becoming victims of the effects of gambling. Indeed, victory will come when we are gambling for the first time and in a row, if we do not take advantage of the winnings then we will be very brutal in carrying out gambling activities so that defeats come repeatedly to influence our minds so that we can win again and that is the trick or method. to attract the attention of gamblers in general.
And what you said is true, in the end our emotions and beliefs will be tested simultaneously and will we be able to overcome them? and that is the key to prevention.

that is how gambling affect our lives and decisioning because gambling let us feel enjoying
and winning then after it will bring defeat and that is the hard part when we are not ready and we
don't understand until we become the victim.
emotions and our thoughts and beliefs at the same time.

Of course, the emotional feelings that exist in our minds are the main factor in the emergence of new problems which will make our lives worse and miserable because these emotional feelings will encourage us to gamble excessively and one day when our hopes and desires are not achieved then these emotional feelings will be more sensitive and if it is not balanced with strong self-control then the emotional feeling will win and the result will definitely be disappointment.

I believe what makes most gamblers find themselves in this state is mostly greed and lack of self control. Some gamblers walk into the casino, with a gambling budget and when they start winning and winning and winning, they become too greedy and eager to win more and more, rather tham securing their win for the day and maybe come back another day, they'll have this common belief that they'll keep on winning, so when the losses starts coming in, they become desperate and then begin to increase their stakes with the hopes of recovering the losses, and the more they play, the more they lose, and if they don't call it a quit and walk away, they'll end up losing everything and leaving the casino with nothing but regret and bitterness. It's very important for a gambler to have a great deal of self control and to know exactly when the tables have turned, this will help the gambler know when to quit and walk away, rather than chasing losses

Many people becomes emotional when they lose their money in gambling. They still trying to continue their playing and hopes that they can win the games and recovers their lose. They don't realize that can makes them lose more money without having a chance to gets their money back. That's why if we already lose some money, we must remember that we needs to leave the casino before we lose more money. Losing some money is okay, but losing all money is not okay so we must prevents that happens to us by always limiting our money. We can't win in gambling easily and if we win, we must check how much money we already lost in gambling. We must have awareness to stops from playing gambling by controlling ourselves so we can playing gambling just to relax ourselves.

That makes sense, maybe that's what happens because we don't know how to explain it. But I do admit that gambling can affect us happily or emotionally, it also depends on how we respond to gambling. As you said, gambling that is done just for fun but done at an inappropriate time such as when we are tired or like after work, it is possible that it can also trigger emotions, because of the defeat in gambling that cannot be accepted properly.
Yes, I agree with you, not only that, of course, adjusting the right time might help, so if we are tired then we should not do gambling because it can trigger our emotions that are tired by the disappointing gambling results, but if we do not mind the defeat that occurs or lose the money at stake maybe it will be fine, but most people who gamble they cannot accept the defeat well.

        -   That's really the main problem of the majority of gamblers; in fact, once the person is immediately overtaken by being emotional, there is no finish because he will lose control of what he/she is doing, and that is the reason that it leads to defeat in the end.

So from the very beginning of the game, we should already know within ourselves whether we can control ourselves, and we must have discipline in playing, or else we will be swallowed whole by greed for sure.

Gambling is one of the harder and more technical ones in the game, not everyone can understand it. A person will be very sharp when he is gambling and will be so active that he will make a good decision and come out from sleep which most people do.  Those people who are interested in gambling or that people who face failure in gambling again and gain must read your post because you summarize the whole thing which needed in gambling.  I am suggesting to other users if you face loss then read this post of Oshosondy because maybe you are missing something that given above,  if you found your mistake then go make it correct and I am sure you will never face a huge loss until you will neglect one of the above.

This is a better idea instead of yoloing your remaining money and hope for your luck to save your butt, better to puase for a while and throw your white flag for that day, I think accepting the fact that it's not an everyday winning streaks and time for quitting to save some portions of your initial deposit will allow you to do your good research in finding the next game to bet on.

With this kind of mentality it will developed self-control and praticing that will allow you to established good grasps not to allow any emotions that will lead you to lose everything in a single session.

Well, that's correct. It will always depend on us on how we will react to every possible result. There will be losses, no doubt about that. In fact, I have not heard of a gambler who has not lost a game yet. Only those who bet once and didn't come back might have that possibility. But for long-time players, I bet they all tasted defeat and how we handle them will be the key to controlling our emotions.
We can chase our losses, I do that. But how far are we willing to go will depend on us. Let's say we lost $40 of our $100 budget, $60 remains and I might risk the other $10 and test my luck. But, I would not go as far as letting it go to zero because that will take out my chance to bet again another day which has a possibility to be a lucky day.
A plan must be created and I think we should follow it as much as possible so that losses can be controlled and we can still have fun the next day.

Maybe what you said is true, if emotional feelings pushed him to do that, then what he actually did was a big mistake because basically that high emotional feeling really influences the steps and methods he will use in gambling and that emotional feeling. This will have a bad impact on him later because high emotional feelings will actually trigger greed and carelessness which dominates his mind to gamble excessively.
Yes, that's good advice, we have to adopt good behavior, namely don't chase wins that we're not sure of and don't chase losses that might harm us even more, it's better to wake up and realize that all of that is really what happens in gambling, lose and lose. Winning is certain to happen and we must be ready to accept it.

Or simply they are really just that too emotional on things or on the time that they do gamble on which they would really be having those kind of approach on which this is something which it isnt really recommendable when dealing up with gambling. Instead that you could really be able to have such control but since your mindset is really that prepared on taking up some risks then you are really just that basically putting up yourself on such risks on losing up even more. If things gets severe then you would really be able to experience a life on which it is really something that will really be that a situation that you do not really want to happen again into your life. Dont chase up your loses and better to move on and call it a day when you do experience such stuff because if you wont really be that making yourself that sensible towards your actions then you are really that putting up yourself at great danger specially into your finances.If you dont like to have a miserable life due to lack of money or simply with your finances then you shouldnt really be that making yourself that irresponsible in towards the decisions that you are making on gambling space.

In my opinion, people who dare to take risks in their gambling are people who are easily carried away whether they are happy or sad.
What this means is that gambling can be done for fun to entertain ourselves after work, for example, but one knows the limits in terms of betting so that one feels fine when defeat arrives.
However, for people who are feeling sad, they can also vent their emotions into gambling and maybe that right can be considered as a cure.

So here we have to be able to place a position that suits our abilities and needs in carrying out gambling and we need to remember that gambling can bring us joy and also bring us sadness depending on how we do it.

It depends on what you do, because with gambling I don't think it's ethical for us to do things like take risks, because the thing that is certain to happen is losing or losing the money that is at stake. occurs when they carry out actions that carry great risk. and I think when they did that maybe they were at the point of despair so they dared to do things they shouldn't have done.
I agree with you, indeed we should probably be able to happily accept the results that occur from the actions we choose which are very risky, because if we cannot accept the reality happily then what will happen may only be an even bigger loss of money and In the end it only makes us annoyed and regretful. That's right, if you're not ready for what will happen then it's better to look elsewhere, don't invite trouble to come. We must be able to adjust our mentality to the actions we take.

We all like to win but we don't like to lose at all. Even in a little ludo we expect to win, just like how a gambler loses in a game of gambling and takes the loss as fun. No matter how small and how simple a game we play, our goal is always to beat the team that will be our opponent. If we win or lose in such a small game, our money will come or go, but if we lose, we feel upset. In this case, gambling is directly related to our money. By gambling the gambler loses money so he gambles again to win. If he took defeat as a joy, he would not have gambled again to recover the money after losing in the first stage.

Yes, because this is a normal thing and we usually find that around us there are lots of addicts who experience this and behave excessively in gambling and it is true what you say, this is very difficult to deal with or avoid when you have experienced it and of course everyone gamblers don't. don't want to experience this bad thing. but the fact is that many gamblers experience this so they will try to fix it as best they can.

Yes, it's true, if we want to get satisfactory results we have to be brave enough to take such a high risk, but we should first look and think about whether we are really ready to feel and accept it happily or on the contrary, we will feel regretful.
It's a good idea for us to look for a safe way if we don't want to take this high risk, namely by gambling fairly and accepting any results we get later. This way we should not gamble excessively.