Topic: Dont chase your loss - page 13. (Read 3123 times)

I don't think it's a problem or stupidity but more of a preference only. Given that they are not stupid, of course they aware that a success of a betting company won't be possible without their help. They are mainly playing for the money but it does not mean that they are not having fun anymore. The element of it is still there but unlike to those who fully play for fun that once their session is over and their results are mostly negative, they are still happy, those who play for the money will feel bad because they also use a higher amount as this is the best way to earn big once the game favours you and where do you think they get their money if they don't have a job?

The reason why you should allocate spare money for your gambling, same with your opinion losses should be accepted and not to be chased as it will just lead you to lose more, acceptance and move forward is the best key to prevent getting more damages with your finances, like what you mentioned there are people who deep dive to gambling and ends up losing more than they can afford to lose, to the point that they loan money and losses everything to gambling.

Creates more problem, it's better to treat gambling as form if entertainment and the money that you lose can be treated as payment for your enjoyment,

If you exceed from your budget and you forget about your limitation, one thing for sure can happen to you, lose and chase and regret after, that's the most common outcome.

Maybe this means that gambling responsibly is a way to change your mindset to be healthier compared to gambling irresponsibly. Gambling responsibly will allow someone to control their finances because they can manage their gambling budget a little more. For example, if someone gets a fixed monthly salary then they make a percentage of their budget to gamble responsibly according to other needs they have prepared.

Gambling should be handled more responsibly so that people do not have problems in the future such as bankruptcy, depression and loss of happiness with their family. That is why gambling should not be involved if one does not have steady money earned from work as it will be much more difficult for them to manage finances.

Not sure what you mean by inhast, but the opinion is the same. You shouldn't be chasing your loss when it comes to gambling. Only those who can't afford to lose, are the ones that chases their losses. Think of loss as a form of "payment" for the entertainment you were having while gambling. If you can't pay for those entertainment, you shouldn't be gambling in the first place. I have seen and heard horror stories where people tries to recover their losses, gets frustrated, bets everything they have in one go, and then ends up with nothing. I have even seen people going into deep debts trying to chase their losses. The best thing is to do is forget about your losses, move on and try to do something better.

Based on your perception, this is the right step for gamblers, but not all gamblers will carry out this behavior because of their various motives and goals for entering the casino environment.
Indeed, casinos are very tempting for fans who only think about money and their money will be willing to throw their money at the casino with the main aim of adding or making more money. However, for people who only rely on gambling as entertainment, it can also be used properly and appropriately.
Therefore, yes, it is true that gambling is only for entertainment and is not used outside of entertainment, especially if it is related to our daily income, of course we should not force it if we cannot afford it. By betting using the remaining money for our daily needs it is much more important and safe.

Isn't it usually the gamblers who are always chasing their lost amounts who have already lost large amounts? That where they are chasing is not easy to earn the amount that he is chasing that he lost in gambling? And the others that they are chasing may be that the money that was lost was actually meant for that; they were just tempted to use it for gambling.

That's why greediness is not really good once it enters the mind of a gambler; we are immediately controlled once greed enters us. Something that cannot be easily removed immediately.

Many people may gamble when needed but I never accept gambling when needed. Gambling should always be used for entertainment Gambling should never be used outside of entertainment. Those who gamble out of necessity always lose and suffer on gambling platforms. I never gamble when necessary because gambling when necessary will never give me positive results. Also, gambling platforms should always use a fixed budget of 1%-5% of income and should never be used outside of the fixed budget for gambling.

What long term plan? gambling isn't something that need to be long term, short term, medium term etc. You're free to gamble when you want and how long you want, either short term or long term, the result will be same.

The most important point in gambling is only gamble what you can afford to lose, while the other thing you're free to choose whatever you want.

I support you in the aspect of saying that gambling should not be played selfishly but I disagree with that of sentimental. It is only selfishness that will make some not to play for fun and want to have it all to yourself, Puting yourself at risk of loosing in chasing after loses. The best way to scale through this habit of selfishness of chasing after loss, is by reducing the level of your pursuit or emotional drive of wanting to get rich quickly. Because the notion of get rich quick in gambling is the reason behind chasing after loses. But the moment you set you budget at zero, by playing and removing your mind of what to do with the money expected from the win, the better. Because that is just the way to handle it.

In general, gambling is entertainment in the form of games that use money as a medium of exchange. There is indeed a chance to win at gambling and if you are lucky you might be able to win a big win, but of course don't expect to get rich quickly by gambling. because the reality is that losing has a greater chance than the chance of winning is real and cannot be changed, especially since we are just gamblers acting as ordinary players. It's true what you said, if we have high hopes for gambling, it will most likely only end in disappointment because it is very likely that the gambling we do will only end in defeat or loss of the money we bet.

so that everything is fine, of course we must be able to have certain limits in the gambling we do, don't let the gambling we do be excessive, such as when the gambling we do ends in defeat and we gamble again by depositing more money and gambling again, the idea is to chase wins. or recovering the loss will only leave us in greater loss. Many gamblers force themselves to gamble because they want to get luck or win, even though winning in gambling cannot be achieved at will, even if we try hard it will not result in winning if we don't have luck in gambling. It is not recommended to chase losses or recover losses.

This story is about the fact that you need to be able to lose, it sounds very simple, but in reality, losses are always difficult to accept and we want to prove to ourselves that we are winners. It turns out that gamblers are very sensitive to losses, even much more sensitive than to winnings. Therefore, losses suck them in like a tornado from which they cannot get out and do nothing. I understand well what this is, because more than once I tried to prove to myself that I was a winner and was ready to do anything just to win back. This is a very dangerous feeling that affects our self-esteem, it is a kind of challenge for us, and you can spend a lot of money on this.

Gambling should always be viewed as a long-term plan rather than a quick way to get rich. Anyone who enters gambling with the expectation of winning big and fast is setting themselves up for disappointment. Responsible gambling, on the other hand, entails setting boundaries and managing expectations. It all comes down to developing and sticking to a strategy.
One problem that majority of gamblers encounter is the intentions for Gambling, this is what determines what gambling technique a person employs, so it's important to always remember that Gambling is nothing more but game meant for recreational purpose and not to maximize profit

If a person engages in gambling and remains a free person, then this is probably the highest level of understanding gambling. After all, as for me, staying free, joyful and happy is the main task, but if you are addicted to gambling, this is not easy to do.
You also correctly described probably one of the most important “commandments” of a person who gambles, this is to use only those funds that you can afford to lose, and if you lose, this will not in any way affect the quality of your life and the lives of your loved ones.

Every person's gambling patterns and habits are different. Those who chase victory are not completely wrong because it is possible that they can win it too, but it is something that will increase the risk of losing. Gamblers must be able to stop when they win and stop when they have difficulty winning, that is the limit where they gamble for fun, not gamble for money.

I completely agree with you. Chasing your failure is one of the worst habits a person who is addicted to gambling can have. Because of this, even greater losses appear and the pursuit of losses becomes completely unbearable.
It is also worth noting that there is a pursuit not only of losing but also of winning. Sometimes it is no less difficult than the first, you want to repeat the success, but over time it turns against the player

Big problems will only occur when gamblers use funds that do not come from their own pocket or simply borrow from others, or they over-bet them.
There are no good controls on gambling so it would be very risky.

I have never been too pushy to do high stakes, only small bets but often enough that there is no high risk when there are several losses.
Just enjoy gambling games and bets, don't be too eager to put higher, this is just entertainment.

There's nothing you can possibly achieve with a troubled/anxious mind... Once you start feeling too much doubt about it happening, then it's never gonna happen.. in gambling, the case is somewhat different as that would not guarantee you having a win, but it does help on prediction purposes.
Nobody ever truly wants to go back to it; it becomes a different case when you're not able to avoid things like -- checking updates, spying on their bankrolls etc.. To avoid drifting back, you need to make abstinence a lifestyle.

Sandra 🧑‍🦰

Unfortunately, losses are an integral part of a gambler's life. Without losses there are no victories. However, you should try to control the number of losses, otherwise you can get into such debt that then get out of them will be impossible, and start big problems. Losses should be tolerated, they should be treated as a necessity, and not to make a tragedy out of them

Why do you even have to think of making money from gambling not to talk of getting Rich? If you are thinking about getting rich from gambling, then you will end up losing more than what you are even going to win. Gambling is not even a place where you are suppose to think you are going to get Rich, it’s something which you are suppose to do when you are bored, or when you want to have fun, and make sure you gamble with just little amount of money you can afford to lose.

If you win your first gamble, you will be motivated to keep on gambling, and you will even be tempted to increase the amount you are gambling with, so it’s left for you to control yourself, winning first or second gambling doesn’t mean you are going to keep on winning, always know when you are going to stop, and don’t be too excited about your win.

Yes, that is the way or approach that someone who has entered the phase of gambling addiction has, they are always chasing something that is actually beyond their ability, and the ridiculous thing is that they are chasing victory without bringing any success formula to be able to achieve it so that the situation continues to get worse, and yes of course that is gambling which has absolutely no certainty and there is no way for anyone to be able to actually produce a victory because all final results always run randomly which means that all wins always occur by "chance".

Of course, not all gamblers have the intention and purpose to earn because there are also some of them who have a pretty good responsibility, namely those who gamble with the aim of having fun when they have boring leisure time, And that means there are two types of gamblers where there are those who come to earn and there are also for nothing more than just looking for entertainment and obviously they have different approaches or different ways of gambling along with having different reactions and responses when facing losing situations where gamblers who come for just entertainment they will not be too emotional if in the end they lose because their goal is not to earn but entertainment and that means they consider that the money they have spent is money to pay for the fun they have had. On the other hand, I don't think I have to explain in detail about the adverse effects of addiction because I'm sure most of the people here already know it.