Topic: Dont chase your loss - page 18. (Read 3123 times)

They have a different thought towards gambling and whether you remind them or not for several times and they won't listen, that's already their fault when they become too much with gambling. The idea comes from the thought of chasing their losses and no one is there to understand them because it is their money that they've been chasing and no one will help them to take that money back but only them. Not until they realize that it is going nowhere and they're incurring more losses instead of recovery.

Yeah, the hardship of controlling is there and that's what they need to remember as well. Because once they're hooked and already set in recovering their losses, no matter what type of emotion is there. No matter who you are reminding them to be careful, they're not going to stop because what matters to them is the set on their mind that they should take that back those losses whether you like it or not because it's hard for them to keep with the losses for a long time.

Because we gamblers must accept that losing is part of gambling, and that should be fine with us, the only problem is that others can't stop themselves from chasing the lost amount they bet in a casino game. Because the others are trying to match the money that should not be allocated to gambling, they will gamble, and when they lose, they will try to get it back or chase it.

And because of that, the amount that we lost increased because we chased the loss that we lost by betting that we did not expect; instead, we really expected that we would often lose in gambling.

Chasing losses should be the last thing that a gambler should think of, for him to be able to stay away from addiction. This is because, when you start chasing your losses, you will always never get tired of do so, and  more you play, the more you lose, and the more you are likely going to be addicted. Losing is part of gambling, but gamblers fail to know this, because they started gambling to make profit.

It is better to have an amount that you will use daily to gamble or weekly, so that it will discipline you, and reduce eyour interest to chase your loss, because once you have lost the assigned amount on that day, you should quit. A lot of gamblers that chased their lost ended up not winning it back because in gamble, you cannot win more than you have lost.

There is no obligation for anyone to remind us, but we have a moral responsibility when gamblers are our family members and close friends. The habits of addicted gamblers are indeed much more difficult to advise because their psychology is different and perhaps the influence they feel in making money at gambling. Even though gambling is closer to luck and generally not everyone is lucky with repeated luck because sometimes we experience defeat and experience losses in the gambling we do.

It is difficult to control emotions when people become increasingly addicted to gambling, because psychologically what they feel always drives the desire to win at gambling. In fact, from experience they have not learned to control themselves in gambling even though most of what they experience is defeat and loss. That's why controlling gambling addiction is very difficult because curiosity and always thinking about getting profit from gambling affects their psychology.

I usually say that this is a loser's mentality where they always want to win or expect to win but are not ready to accept the fact of losing, and clearly this is a typical irresponsible gambler who will soon enter an addiction phase when the interest in winning becomes higher. . However, as you said, gambling is always about two things, namely winning and losing, so of course losing is part of gambling and you or anyone can never completely avoid this possible risk.

However, gambling is always referred to as a risk-taking activity, and I believe the biggest mistake people make who end up addicted is that they misunderstand what is meant by the chance of winning, maybe they think that winning is easy to get, or even they think that gambling is a place to make money, so when a gambler has the intention to make money, it is clear that when they lose, it will be very difficult for them to accept reality, and of course they will also have difficulty controlling themselves and their emotions, which in the end will take actions out of control which will ultimately make things worse. situations and circumstances. It's true, that healthy gambling is when you are able to change our mentality, such as becoming a responsible gambler who not only wants to win but is also able to accept the fact of losing.

Even if chasing losses is a dangerous trap, many gamblers still trying to recover their losses that makes them become deeper in gambling. They don't realizes that's not a good idea and not recommended to do as that can makes them losing more money and if they don't see the facts, they will lose much money and the worst is they can becomes addicted to gambling. Many gamblers already losing much money and bankrupt because of playing gambling and that's a good lesson for us to stays away from playing gambling excessively because we must take care of ourselves when playing gambling. We can only prevent something bad that can happens to us with always playing gambling responsible and with limitations.

Gambling is never necessary, it's an activity for people who can afford to do it, so it cannot be a necessity. Those who gamble for gains or to earn money will only lose money both in the short and long term because gambling is not a way to earn money for anyone, and one should understand this when they are getting into gambling.

Chasing losses is a different thing altogether because when you gamble, you lose money but maybe at a slow pace, but when you start chasing your losses, that speed gets multiple folds more than before because you keep increasing your bet after every loss and that keeps increasing your chances of losing more money with each bet played.

You are absolutely correct
One major reason gamblers chase losses is because they have refused to accept the fact that losing is also part of gambling. We can see the extent of damage this mentality has caused to many gamblers, yet many won't learn from these bad experiences. A gambler who accepts losses as part of gambling will not feel too emotional when he loses, and in his next gambling session he will be objective In his selections. His choices of games to play will not be influenced by greed or quest to recover all he has lost. Many gamblers are guilty of this, we just need to change our mentality about gambling and begin to gamble healthily for our own safety. Dealing with gambling problems can really be exhausting, it is better to play safe than get into any problem.

You're corrected, we gamblers have to consider losing a part of gambling therefore when it happens we shouldn't get defensive and want to win back our money. Our focus should be shifted from our losses and we should focus on the next game that we want to play and try to win it. If we win then we might have recovered the money that we lost but your intentions shouldn't be to revenge your loses but we should be playing to enjoy the game and enjoy ourselves while gambling.

Those individuals that are chasing their losses never makes it from gambling, they'll always be losing or not having profits as the more they gamble in the wrong approach, it's the more that they're losing both their money and there time. Gambling shouldn't be done to look for money but it should be as an entertaining activity and if we make profits, we should consider them to be bonuses and not as an income.

Chasing losses is the beginning of a gambler's path to bankruptcy where he will lose even more if the goal is to get their money back, besides chasing losses is not a good idea to be able to beat the house edge, they have full power to take all the money you have in just an instant if your mind is controlled by gambling. Indeed, sometimes when someone experiences defeat, they will lose control, so what they think is how to get back their losses and be able to stop immediately. But unfortunately the money that has been lost does not come back but only increases and the winnings you get will not necessarily be able to cover it.

If it's like that, a gambler can become addicted due to chasing his losses too much and when he continues to experience losses he becomes more emotional and his finances will be increasingly disturbed. That's why chasing losses is something that is not recommended and is too high risk, we have to be prepared to lose if we want to play gambling if you don't want to experience a big loss, it's better to use smaller money or money that you can afford so that you don't experience any problems if you have lost the money and don't try to continue the gambling session if the funds you have prepared have run out. We must be able to control it our expenses so as not to experience major losses.

That kind of argument will not work if you would argue with professional gamblers where they believe on their skills, they can calculate or analyze what they are doing to win. Calculation doesn't work on games with house edge because eventually gamblers will lose in the long run. However, with the games that is based on skills, it's very crucial to have a winning strategy and it's possible to have one.

At the end of the game, it still depend on how you see gambling, if in the first place you'll see it as an entertainment where you think you don't have a chance to win in the long run, then you'll always think it cannot be a source of income to you.

But gambling is not a business where you can calculate losses and try to catch up. In gambling you have the opportunity to win and lose and there are no calculations and theories to win every bet. I mean if you try to chase defeat, chances are you will experience defeat again. No one can predict when you will win at gambling. This will actually make you lose even more. I think victory for those who have lost is to stop chasing their losses and try to enjoy the game with small stakes. Those who chase losses are people who think they can use gambling as a source of income. Because I have friends who think like that.

It really is very tempting to want to get back the money you lost, but this is often a recipe for financial disaster and the end of your fun. Chasing your losses will only lead to more losses and possibly even debt, as many players end up using money they shouldn't on this unfortunate journey. So it's important to accept that sometimes you just need to take a loss and move on.

Learning to lose can be a very advantageous skill at various times in life, and it would be no different in the world of casino betting or sports betting.

If you find that losses are dominating your gambling day, then it may be time to take a break to regain your emotional balance and try a different strategy.

For me, gambling is an outpouring of emotion. If we have funds for gambling, that's where emotions will be out of control, I'm sure even for pro players, when it comes to gambling games, emotions will appear and disappear suddenly. Maybe this is a matter of mood too, winning or losing are two patented choices in gambling games so the possibility expressed by the OP is a definite thing.

I think there’s a fine line between chasing losses and going for another run, and more often than not people mistakenly justify chasing their losses from prior bets by supposing that all they are ever doing is going for another run. And some of us here might even be confused by this since for all you know chasing losses could be just the same as going for another run when you bet. But let me tell you how different they are

Going for another run when you’re gambling is a normal and acceptable process. You go in and place another stake regardless of the results of the prior bet. You play and hope for the best, and then get your results. But the key distinction is to what you do/what happens after you receive the results. Cause if you’re really just going for another run, you wouldn’t be affected by the prior result even if it was a loss, and you’d play or stop depending on your presets.

Chasing after your losses however puts you into this perpetual cycle of bagging a win that will never come, which of course, forces you to make more bets cause you gotta make it even in your head. Eventually you wither lose hope or lose money, but if both were of infinite resource quality you would’ve pushed through.

Now, when you gamble, do you think you’re just going for another run after a prior bet, or are you chasing after losses?

Don't have this thought of bouncing back to the system, it's never an easy run which everyone have an idea about but fights to survive. Starting crypto journey comes with alot of things to put together,  the sacrifices to make, not joining any measures but closely related on becoming a professional in the market. Always do the needful, ensure you're able to gamble what you can afford to lose and not the other way round. We can only strive for good results in the system and not minding our opportunities created in the space.

If you obey no rules just gamble freely then you are unguided and can end up going to a bad place in your gambling that day.  The one thing that might save people is either time limits or a set budget for that day, when you are done you end it and return to try again another day.  If you merely chase as OP mentions it can end up all wrong and regretful a sore memory for some time after.

  Never start the journey without planning the end and you can avoid getting lost in the inbetween

Even if we remind several times that we are not obliged to gamble a lot but when that balance is visible to our casino accounts, there's the urge that we have to gamble with it and that seems to be like an urgent matter that we have to use it in no time. We've been telling that to many gamblers but many of them as well don't listen to these advises because what they think is right and that's their money to gamble so regardless of how many times you tell them that gambling shouldn't be a place to make money regularly, if they've won several times. That will even push them to gamble some more because that's what they think is the right thing to do.

Basing it with psychological impact to the minds of most of us, when we're losing. That's the time that we're more hyperactive and all we want to do is to take that losses back and no one is able to stop us even if we've seen it as something too dangerous and will result into an expected additional losses. The experiences that we have in gambling will tell us more of us but we can easily dispose and forget all of it when we're too emotional and it's hard to accept defeat.

It is important to break the cycle of chasing gambling losses. A gambler should consider setting strict limits to his gambling activities  in terms of time and especially money, he should manage the urge that comes when he loses a bet pushing him to chase that loss.
Gambling should be a form of entertainment, gamblers should be aware of its risks. For some people, it can become problematic, leading to addiction and significant personal, financial, and emotional consequences.
As it's always said, it is preferable to reserve a certain amount of money to be spent on gambling and to never spend more than that sum, but most importantly to only bet with money you can afford losing.

You can’t chase your losses when you know gambling is not money making. In fact, once we gamble, we already lose at some point, but we are blinded with our greed to make money that’s why we never felt the loss. But if you keep gambling without betting limit because you want to recover your previous losses, then you are obviously doing the wrong way.

Gambling can’t give us assurance to win knowing the edge is always on the house, not on us. So if we get lucky and make good amount of profits, just leave the house immediately. Gambling again will only give the house the chance to get back all what you have won.