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Topic: Dont chase your loss - page 14. (Read 3123 times)

hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
March 15, 2024, 03:22:06 PM
Many times we have missed calculated on the fact and factor that make up for our decision for gambling, because at some time of you chase after a particular direction be it win or lose, which either ways, the best thing for all of us to to gamble with an amount that we can be comfortable with if we lose in the process and also we should be ready and confident enough to walk away when we make the winning, most time this is what matters most to a gambler, and the ability to follow this approach constantly and repeatedly is what make you a free  gambler.
full member
Activity: 322
Merit: 211
March 15, 2024, 03:09:14 PM

That's a case that often occurs in every gambler, I think with them like that, they don't see the fact of the advantages possessed by the casino, they only think about the victory that will be obtained even though it is not clear when they will get it, so that when the gambling that is done ends in defeat they still insist on gambling again hoping that the next gambling can give them victory or recover the losses that have occurred. Until this action becomes a repetitive action, they do not realize that the losses that have occurred are already large if it is calculated. Instead of gambling for fun, it becomes a disaster for themselves.

When the gambling that is done has ended in defeat the action that must be taken is to stop and leave gambling, calming the almost chaotic thoughts that need to be done. When losing is obtained and continuing gambling again it will trigger the emergence of emotions and make thinking messy, this must be avoided with the awareness that is owned, but if there is no awareness then it will also be difficult to be able to avoid this, then like that the possibility of defeat and large losses will occur.
It’s not new that the people always say never to chase your lost when you’re gambling. Chasing your loss never works for a person, you will still end up losing if luck isn’t in your side. They are bad days in the office also just like every other ventures. These bad days can cause a person a lot if not properly taken care of, it can make one to make irrational decisions just in this case, the best thing to do when one is experiencing days like this, is to stay off. Do something distracting to  take your mind off it.  Beat the urge of chasing your loss because you can never beat it just not at that moment. Take a break if necessary, taking breaks can help you re-strategize once you have a clear head you are bound to be more productive.  
 One need to understand that, gambling is not meant for everyone, it can work for Mr A and not work for Mr B. Every single person has their path to shine in, if gambling is not working for, it okay they are other ways to making out of the matrix, you just need to find the field that best works for you. Gambling is not the only option. Words on the street is that even the punters out there fake their winnings too just to entice people to join their crusade, people tend to fall for all these tricks. They fail to understand that they’re no game as 100% sure, anyone coming to tell you to pay for any game is just trying to scam you and rip you off your money. Do not fall for those tricks.
sr. member
Activity: 658
Merit: 387
March 15, 2024, 02:59:53 PM
It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
Gambling with a troubled mind is bad gambling, and chasing losses is not far from that.

Once you've lost enough in gambling to hit enough to affect your gambling decision, the best thing to do at that moment is to avoid the casino at that point in time because all the decisions you make at that moment can only lead you to more losses, which will also put you in a very hard and troubled state.
 
The best time that one needs to gamble is when they are in their normal selves and need a place to catch fun and try out some of their prediction skills. Why watch some live bets on trying out the casino games and see if luck is on their side that day without allowing too much emotion to get attached to it?
hero member
Activity: 2968
Merit: 687
March 15, 2024, 02:58:18 PM
A person who gambles after losing and will continue to gamble hard to recover his loss is called a gambling addict. Because those who use gambling only for fun will never care about their losses and will not run to recover their losses. there are many who use gambling for income and when they lose they panic to recover as well as profit and continue gambling. and many people suffer from it
I don’t very much agree with your definition of who is a gambling addict. Addiction to me speaks more of an individual who finds it overwhelmingly difficult to back out on an activity. Not like you’re being pressured by anyone or anything but, you just find it difficult to go without engaging in such activity. That person to me is an addict.

When a gambler gambles hard either as a means to recovery or not, that doesn’t make up for addiction. It only means you’ve got a bad gambling habit and that in itself could lead to addiction problems.

Chasing your losses is one of the easiest ways to loss as a gambler, you instantly let your emotions cloud your judgement which leads to wrong predictions and in turn, losses.
On the time that someone could be considered as an addict is into those people or gamblers who dont have that good self control specially into their gambling dealing and with the money that they are spending
through it. You would really be finding up yourself on doing excessive things on which spending up on the money which they cant afford to lose and keeps on coming back until they would be making themselves being busted up. They wont really be stopping not until that they do still have the money on their pockets on which this should really have done it earlier or midway. Chasing up loses behavior is something very normal because you would really be having that kind of impression that you should be continuing on doing it because you would really be nearly be able to breakeven.

Its never been that recommended that you should really be chasing up your loses because once you do find yourself that desperate then this is where shit things happens.D
Dont let yourself that being derailed on the true essence of gambling which is to have fun and not something that you do need to make it as a living.
legendary
Activity: 1554
Merit: 1139
March 15, 2024, 02:51:50 PM
A person who gambles after losing and will continue to gamble hard to recover his loss is called a gambling addict. Because those who use gambling only for fun will never care about their losses and will not run to recover their losses. there are many who use gambling for income and when they lose they panic to recover as well as profit and continue gambling. and many people suffer from it
I don’t very much agree with your definition of who is a gambling addict. Addiction to me speaks more of an individual who finds it overwhelmingly difficult to back out on an activity. Not like you’re being pressured by anyone or anything but, you just find it difficult to go without engaging in such activity. That person to me is an addict.

When a gambler gambles hard either as a means to recovery or not, that doesn’t make up for addiction. It only means you’ve got a bad gambling habit and that in itself could lead to addiction problems.

Chasing your losses is one of the easiest ways to loss as a gambler, you instantly let your emotions cloud your judgement which leads to wrong predictions and in turn, losses.
legendary
Activity: 2464
Merit: 2094
March 15, 2024, 02:47:59 PM
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How you narrate gambling will be a healthy lifestyle, isn't there no gambling that can give winning consecutive wins and we will even get losses beyond the victory we get. Gambling must be seen as a place to have fun so that people will not get problems when suffering a loss. In fact, people must see gambling as other activities as a step to have fun and not think of making money permanently. If gambling is seen like this then people will not have problems with finance so that it does not cause problems in everyday life.

Responsible for gambling that we do so that people do not make gambling as a wrong event. No problem people want to be involved in gambling as long as they can be responsible for the budget spent. Because life that has problems with finance will cause problems so that we will be owing everywhere, that is why gambling must be played responsibly.
I also don't understand why Blitzboy says gambling with the right mindset can be a healthy lifestyle, but I get the impression that if gamblers have the right mindset towards gambling then they most likely won't have any major problems. Being a responsible gambler is a must for every gambler, but not all gamblers are responsible gamblers.

You may have noticed that some unsuccessful gamblers have lost everything and they got into big trouble. Going bankrupt, falling into poverty, changes in behavior to depression, these are the impacts of irresponsible gambling. So being a responsible gambler is a must because with it gamblers can avoid many problems.
hero member
Activity: 1722
Merit: 895
March 15, 2024, 02:40:23 PM
Please break this down and be honest. Its not all black and white in gambling - I've seen the good, bad, and ugly. A major win is euphoric, but empathy for losers is crucial. This is about balance and responsibility. Want to bet? Well, do it wisely. Keep a budget and never let it affect your family's health. How to play without being played. With the correct mindset and limits, gambling may be part of a healthy lifestyle. What matters is understanding when to hold, fold, and leave. Responsible, fun, and always in perspective.
How you narrate gambling will be a healthy lifestyle, isn't there no gambling that can give winning consecutive wins and we will even get losses beyond the victory we get. Gambling must be seen as a place to have fun so that people will not get problems when suffering a loss. In fact, people must see gambling as other activities as a step to have fun and not think of making money permanently. If gambling is seen like this then people will not have problems with finance so that it does not cause problems in everyday life.

Responsible for gambling that we do so that people do not make gambling as a wrong event. No problem people want to be involved in gambling as long as they can be responsible for the budget spent. Because life that has problems with finance will cause problems so that we will be owing everywhere, that is why gambling must be played responsibly.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
March 15, 2024, 12:59:53 PM
A person who gambles after losing and will continue to gamble hard to recover his loss is called a gambling addict. Because those who use gambling only for fun will never care about their losses and will not run to recover their losses. there are many who use gambling for income and when they lose they panic to recover as well as profit and continue gambling. and many people suffer from it

That's a case that often occurs in every gambler, I think with them like that, they don't see the fact of the advantages possessed by the casino, they only think about the victory that will be obtained even though it is not clear when they will get it, so that when the gambling that is done ends in defeat they still insist on gambling again hoping that the next gambling can give them victory or recover the losses that have occurred. Until this action becomes a repetitive action, they do not realize that the losses that have occurred are already large if it is calculated. Instead of gambling for fun, it becomes a disaster for themselves.

When the gambling that is done has ended in defeat the action that must be taken is to stop and leave gambling, calming the almost chaotic thoughts that need to be done. When losing is obtained and continuing gambling again it will trigger the emergence of emotions and make thinking messy, this must be avoided with the awareness that is owned, but if there is no awareness then it will also be difficult to be able to avoid this, then like that the possibility of defeat and large losses will occur.
member
Activity: 121
Merit: 39
March 15, 2024, 11:47:09 AM
It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?

This is the problem of most gamblers in my area; they believe in chasing their losses and winning back their funds, even though sometimes they are lucky and recover more than what they lost, and sometimes you'll see most of them adding more debt to their losses because most of them used to borrow money to gamble, which is a bad practice to have that kind of belief as a gamble, a wise gambler should know this because developing these feelings can lead one to become gambling addicted.
sr. member
Activity: 938
Merit: 292
March 15, 2024, 11:42:13 AM
There are some gamblers that chase their losses to enter debt in the gambling center that led them to prison in my area and, I will not encourage any gamblers to gamble because he or she want to recover from the losses at the moment which is dangerous.

Just know that any day you experience loss, don't feel bad because there is another day to gamble and, it can be the next gamble that will make you win money that will help you to recover your losses in the past.
There are some gamblers who want to get rich quick when they get into gambling. There are gamblers who try one win after another and after some time they lose all their money. Their quick excitement in gambling is the main reason for their losses. The gambler must remember that gambling is not for one day. Moreover, no gambler can ever become rich from gambling in a day. Although there are many who are lucky enough to change their lives by winning the lottery. But usually it is not possible to succeed from here quickly. Those who consider gambling as part of a long-term strategy or who strive for responsible gambling can survive in gambling.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
March 15, 2024, 11:35:15 AM
It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
I'm not sure people will need gambling on a normal basis. because more gamblers gamble because of their desires rather than needs. Most of them carry out gambling activities regularly, it could be every weekend or every time they get a monthly salary with the allocation that has been provided.
maybe the case will be different with addicted gamblers. it can make him gamble every day and that will be very difficult. because he doesn't control how much money he will spend every day from his gambling losses.

Therefore, all of us gamblers in this field of crypto space are free to gamble when we can play, as you mentioned. Now, that depends on the budget that a gambling player has. That's why sometimes there are other gamblers who, when they win money, think that maybe this time I'll get lucky or maybe I'll get back what I lost the last time I gambled.

These are the words that sometimes enter our thoughts, and they're really not good. Usually, in the actual game of gambling, we are chasing our losses that we can't catch. Instead of not increasing our losses, they will increase even more amount.
sr. member
Activity: 1400
Merit: 420
March 15, 2024, 11:16:54 AM
It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
A person who gambles after losing and will continue to gamble hard to recover his loss is called a gambling addict. Because those who use gambling only for fun will never care about their losses and will not run to recover their losses. there are many who use gambling for income and when they lose they panic to recover as well as profit and continue gambling. and many people suffer from it
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
March 15, 2024, 11:08:22 AM
I think the reason why you are chasing losses is because you are betting a large amount of money, and when you bet something and it is lost, it will make you frustrated and make you more eager to recover that money of yours. If you keep losing and all of your losses are stacking up, this will put you on a never-ending cycle since you want to recover all of your losses. When you are in a cycle, this will lead you to addiction, and as a gambler, you don't want that to happen. So, it is really advisable to not chase your losses since it will create more problems for you and it will be harder to gamble.
 
Chasing losses is doable if it is a small amount only. Since it is not big, you won't rush on recovering that money, and you will have more patience.

Yes, that is a good move to make and comply with, in my case when I started playing I kept track, even in an excel sheet and this helped me see that the losses were getting bigger, when I tried to recover them the What I managed to do was lose more money, so I stopped keeping that control and started to reset myself, that is, in each gaming session I didn't have to think about what I had previously lost or won, it was something new, and that helped me get out of it a little of all that pressure and stress that one puts on themselves.

When we see that things can happen like this, the best thing is to do something like what I implemented for myself, so one can play without stress, without the pressure I have to recover this money that I lost a day or two ago, and that is something It gives you a break, it is not good to push yourself in a casino game, if you go to the casino it is to have a different time, forget about your problems and try to win, that is the main thing you should do.

Of course this is my way of playing, my way of being able to sit in a casino, because playing with stress, with discomfort, that doesn't work for me, because that way I lose faster.
full member
Activity: 448
Merit: 163
March 15, 2024, 10:55:57 AM
It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
I think that's what will lead a person to what is not supposed because once a person starts chasing the lose, it will be out of his control since he will be hoping that one day he can actually get what he wants, and that is what leads some people's to gamble addiction. That's why I don't give anyone advice to continue gambling when they are losing. Whatever amount of money a person wins in gambling every day, they should not allowed to become addicted, if not it will be very difficult for that person to stop gambling even when they are losing. And the majority of people's who mostly lose much in gambling are those that don't have knowledge and experience about it, because some only take gambling where they can come and become rich quickly. That's why not all people want to have knowledge about it before starting.
hero member
Activity: 2954
Merit: 796
March 15, 2024, 10:45:57 AM
Gambling when necessary is a way of saying that you should gamble when you fill that there are better chances of winning, yes of a truth in as much winning in gambling is not certain but at some point there are some worth chances of seeing wining which doesn't show or come up all the times, that is pretty much when one is expected to gamble. But when chasing your loss you may tend to gamble at all time. As a gambler you should understand what am saying.

There’s different kind of chasing loses. It’s either you are chasing loss on all of your loses or chasing losses on your current game loss which is pretty common on every gambler.

What I don’t understand on this statement of yours is the worth chances of seeing winning since every winning bet is random regardless if you are not chasing losses. The only downside of playing with chasing is you can’t enjoy every win on your game because you have a much bigger goal which is to recover your loss rather than enjoy the game.
hero member
Activity: 2184
Merit: 599
March 15, 2024, 10:44:12 AM
There are some gamblers that chase their losses to enter debt in the gambling center that led them to prison in my area and, I will not encourage any gamblers to gamble because he or she want to recover from the losses at the moment which is dangerous.

Just know that any day you experience loss, don't feel bad because there is another day to gamble and, it can be the next gamble that will make you win money that will help you to recover your losses in the past.
Advice is easier than a practical action, you also see in a classroom, the teacher can tell many students about moral principles but each person's ability to absorb is extremely different, some will keep a calm heart, some will pursue with explosive emotions. Gambling is also a form of this, calm people will know how to hide while confused people will want to pursue, they just want their emotions to return to tranquility but it's terrible when this pursuit exceeds one's capacity, once pursued, it will be difficult to stop
I don't think this can be equated with that, although it is easier to say than to practice, but if you are a person who understands what it means and already knows, if you already know, don't ever chase defeat and because basically you won't be able to beat the house then it will be useless, don't hide behind that sentence because you can't control yourself, and if you keep doing it while you know it's wrong, I don't know if I should call people stupid or something else.

Don't make excuses because that will make you a gambling enthusiast who will often lose.
hero member
Activity: 2282
Merit: 589
March 15, 2024, 10:40:57 AM
Advice is easier than a practical action, you also see in a classroom, the teacher can tell many students about moral principles but each person's ability to absorb is extremely different, some will keep a calm heart, some will pursue with explosive emotions. Gambling is also a form of this, calm people will know how to hide while confused people will want to pursue, they just want their emotions to return to tranquility but it's terrible when this pursuit exceeds one's capacity, once pursued, it will be difficult to stop
Gambling is not like what you compare with internal learning activities, because every gambler has experienced losses due to not being able to control emotions in betting, but not all gamblers learn from mistakes that harm them in the gambling circle, for gamblers who understand the gambling scheme will change their mindset to avoid addiction, they will not act not to chase losses because they know it will result in higher losses.

All gamblers have shared their stories in gambling and we can learn from them to avoid financial losses in gambling, many tips have been informed in the gambling board, in essence we must gamble responsibly and an important factor is limiting the finances that are ready to be lost in gambling.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
March 15, 2024, 10:38:07 AM
There are some gamblers that chase their losses to enter debt in the gambling center that led them to prison in my area and, I will not encourage any gamblers to gamble because he or she want to recover from the losses at the moment which is dangerous.

Just know that any day you experience loss, don't feel bad because there is another day to gamble and, it can be the next gamble that will make you win money that will help you to recover your losses in the past.
People involved in gambling have many cases where they become bankrupt because they have no assets anymore, people like this are usually heavily addicted because they keep chasing defeat all the time just to play.

Make a hobby for your pleasure, do not expect victory because it is certain that you will experience defeat and be wise in using it including a limit on the money that must be played, if there is no limit then you will lose more.

Already know how gambling can be fatal if not managed properly, but for myself I always set aside small money for sports betting.
sr. member
Activity: 308
Merit: 256
March 15, 2024, 10:31:01 AM
It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
What does gamble when necessary mean anyway?

Gambling is not a necessity in life. It is a hobby at the most and a fun thing to do and should be limited to that much if you dont want it to become an addiction in the first place.

There is skills in EV+ games but luck still plays a role there and can wipe out your entire prediction with nothing left. Of course chasing a loss is never recommended but that does not happen if you are playing for fun.
Gambling when necessary is a way of saying that you should gamble when you fill that there are better chances of winning, yes of a truth in as much winning in gambling is not certain but at some point there are some worth chances of seeing wining which doesn't show or come up all the times, that is pretty much when one is expected to gamble. But when chasing your loss you may tend to gamble at all time. As a gambler you should understand what am saying.

legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
March 15, 2024, 10:25:53 AM
Easy to say "dont chase your loss" but in fact most gamblers are trying to recover their losses once they started a new session after loss.
On the opposite side, gamblers are trying to get more win in a new session after they make win in the previous session.
It is hard to forget our previous loss especially for frequent gambler who gamble regularly, but maybe it is not that hard for gamblers who gamble recreationally like once a month or once in few months.
I would prefer to say "gamble responsibly" in every gambling session, as long as our gambling habit will not affect our real life, doing both recovering losses and chasing more wins are not big issue.
You have a point here, as they say, it's easier said than done. We often say things that we can do in a way like they are easy to do, but just because we can do something it doesn't mean it's easy for anyone to do. Every person is built differently, with different mindsets and different ways of doing certain things, so one cannot be like the other in everything they do and there will always be differences among them no matter what they do.

When we talk about gambling, if we are responsible gamblers, we would say that it isn't that much difficult to control your emotions and don't become addicted to it but for someone who doesn't have enough self-control, it isn't easy for them to be a responsible gambler.
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