Topic: Dont chase your loss - page 19. (Read 3138 times)

What I observe that is the reason why some gamblers chase losses is mostly in a situation whereby after winning then rather than going home with the amount they have won, they continue gambling and when they find out that they have lost some part of the money they won, they try to recover the lost amount and by so doing they keep on losing even more so chasing losses is a very bad habit because it definitely leads to incurring more losses than expected.


This part is very important because most gamblers, as soon a they win and make some profits they always continue gambling with the believe that they would make further profits if they continue and this act have made a lot of gamblers to lose both their profits and the amount they started gambling with.

Ending the session with recovery or meaning getting back something that has been lost is a difficult situation to happen, perhaps it could even be said that it is too impossible wherever you place your bets. Maybe we have heard very often about the advice to become a responsible gambler, because this is the best, by becoming a responsible gambler then at least we will be able to accept the fact of defeat and understand that this is gambling where the possibility of risk always cannot be avoided and so do you. will understand that chasing victory to return something that has been lost is a stupid act that in the end actually makes you experience a greater amount of loss.

I think this is a fact and I am sure most gamblers have felt that it is very difficult to pursue a recovery situation in gambling, the problem is because gambling has absolutely no certainty whatsoever about the results at the end of the session, everything cannot be predicted and only Luck is what will be able to bring you victory, but another problem is that no one will ever know when luck will come. And this is the reason why chasing losses in gambling will only lead to an increasingly large number of losses, because you never know when you will win to be able to achieve recovery. So being responsible and able to accept the possible risks involved in gambling is a healthy approach.

Gambling is full of uncertainty, so it would be very stupid if we continued to waste the time and money we have just to gamble or place bets. but on the one hand gambling is also full of surprises, where a person gets a number of big wins that are many times the amount of a few dollars he bets. and that is why they continue to gamble even though they have experienced quite a lot of defeats and losses. They believe that one day their luck will come, and their losses will be replaced by a big win. Without realizing that what they do will only result in losses, and even when they win, it will not be able to replace the losses they experienced. Because talking about big wins in gambling is not something that is easy to get, and maybe only a certain percentage of gamblers get that luck.

After all, gambling is just entertainment, nothing more than that. And we have to pay dearly for that entertainment. So stop chasing losses and chasing something that is uncertain (big wins in gambling).

Yes, it will never be easy, but it is a must-do for every gambler. This is one of the most challenging situations that always happen to anyone who engages in gambling activities. Once they have losses, they tend to continue to gamble to at least make up their losses or chase their losses that becomes the reason why most of the time they get blinded by the goal of making their losses back instead of sticking to their initial plan.

After losing there is definitely a win, and after a big loss, an even bigger win awaits... That's roughly what is reflected in the thoughts of an irresponsible gambler. so they continue to gamble and place bets, even though in the past they often experienced consecutive losses. and they will never hesitate to spend more money or take out a loan to be able to gamble, because they have the belief that a big win is waiting for them, which can replace the losses they experienced in the previous gambling session. They are completely trapped in a cycle of irresponsible gambling, trapped in false hopes and constantly chasing losses. and they will realize it only when the situation is really complicated, where they no longer have money to gamble and there are no longer people who trust them enough to give them loans. And that's still better, compared to someone who uses any means to get money to be able to gamble, including criminalization.

This is something every gambler knows but some persons still choose to be ignorant to heed to the warning. Gambling is something that can turn from 100% happiness to 100% sadness and confusion in a matter of some seconds and thats if you play gambling for the purpose of making cool cash. When gambling is played with intent of making steady cash then the gambler will by all means be a gambler that would want to chase his losses.

Chasing your losses is one of the greatest mistakes made, but for most gamblers, if we can really make an effort to decide not to chase our losses, we will end up in great peace of mind. Because when you put it as your priority at first, you will see that that is the time that you will start losing, so thinking of even planning to have a critical rethink on strategies to take to chase you lose is the biggest mistake you will ever make. 

Moreover, the meaning of gambling is that either you lose or win, so it is just a game of risk. You can just risk what you know you will be capable of, and even though you lose it, it will pain you so much to the point that you won't be able to have peace of mind up to the extent that you will start thinking about chasing what has already been made.

We can't erase the fact that some gamblers want revenge for their losses and to fulfill that, they need to gamble over and over again.

After several tries to regain those losses, the total loss amount is just increasing until chances are now low to recover those. We should erase the purpose of chasing losses since it's not possible for everyone. To at least feel that we got our revenge at the casino, cash out every time we experience a big win, and enjoy the money we got from gambling.

Most of us as players have experienced losing everything, and that is something that has made us mature a lot as players and see that things are not so easy, for this reason we will always see this as one of the biggest challenges of all, play in a casino and not fall into these mistakes, because the way I see it avoided is for a novice player to read 100 threads about casino advice before playing, but that almost doesn't happen, everyone goes through these mistakes, I guess The participants are looking for the forum to see how they can cope with the losses.

What is prevented is that they become addicted, because that is just how worst it can happen, so you have to try to control it in everything, in terms of emotions, everything that involves making a difference to be able to get out of all the things like casinos and sports betting.

Most of the time this is where people do really ended up with this kind of situation on which they would really be having those kind of unfortunate situation before they would really be making out those adjustments
or learnings on which it is really that sad. Its true that you could really be able to learn up things along the way and dont wait for yourself to be experiencing such hardship or tough situation before you would be able to learn. You could actually do it before and not after but usually the case people wont really be stopping not until they would really be experiencing those hardship as i say.

It would really be that so normal that a human being would really be chasing up their loses on which trying out to break it even and this is something a very normal situation.
The only thing that you should really be having in mind on such situation is that you should really be that doing gambling on a responsible manner plus having that good
control and moderation on which you wouldnt really be ending up with these type of conditions.

Usually, those who have experienced a lot of losses find it difficult to control their actions, and feel frustrated by the losses they have experienced so they want their money back to normal. They lose their minds to think, How to get back the money that has been used up, sometimes the money used for gambling is money that was plotted for other needs. Therefore, they will continue to try betting and will take risks by adding capital again and again.

Sometimes we need to just allow these people who are chasing a loss as a purpose why they gamble.

Without suffering a losing experience and big losses, they will never understand that chasing losses is something they can't achieve.

Though the worst part is, some people even suffer a big losing streak just to chase the losses, still didn't realize that what they are doing is crap.

Start betting small and then chase the small loss.  I think this is what the strategy called Martingale, its not a guaranteed effective just as most of those who used it once said.

I don't know what to think of this topic. If he means Don't chase your loss is about quitting gambling, it should have been clearer if he says it that way.
But gamblers don't think that way. He may lose today but the next day he still gambles and that means he is hoping to get back whats lost yesterday.

There is no strategy that any gambler can use to chase his loss, and recover it, instead he will get more losses. This is why the advice is never to chase your losses because the house edge always win.

We should not gamble because we want to make profit, gambling is not for that but for you to have fun with it and this is why, the best way to enjoy gambling is to bet with the amount that you can afford to lose. So that why playing it, you take it that you are using the money for your stake to pay for the game. If you win fine, and if you don't win, it wouldn't be a problem to you.

It is when you are gambling for profit, that you will be tempted to stake with a big amount, so that you can win big, and when you lose, you will become emotional, and you might not let go of your lost, which will lead to chasing and losing more.

It doesn't matter when people want to gamble responsibly and they can allocate money correctly for their gambling needs for fun. If they realize that gambling is not a place to make money all the time then their presence in gambling is definitely just for entertainment or just for fun. Most people who are involved in gambling actually have problems with finances, whether it's by chance or it's a common occurrence. However, when they have financial problems, engaging in gambling is not the right solution and actually adds to the problem.

Responsible gambling will probably be able to control to stop gambling when we experience defeat. But for those who are addicted to losing it makes it increasingly difficult to stop unless the money in the account runs out if they gamble on online sites. There is no need to force yourself to gamble excessively because it will have a psychological impact and gamble when you have a budget and stop when you lose. Gambling is not a place to make money regularly and if people think of gambling as a place to make money then that will be problematic and what is feared is that they will experience psychological problems.

You are very right and it is always difficult for us to stop chasing loses because that may be the only way we could get more money or try to recover our loses. There are people that are too desperate and they always want to make money and have a good lifestyle. It is very hard for us to recover our loses if we don't have a strategy to do so. Life is becoming very hard these days and losing some funds in betting can be very annoying and with lots of bad energy to get over with time. If we want to make money from gambling without too much risks, we need to gamble with what we can afford.

Gambling is tricky, and the house always wins. Your idea of paying for entertainment with viewing losses is brilliant. Cost of conducting business in casinos. But remember, this is for fun, not to fund your next big purchase.

Many fail because chasing losses is a steep slope. Big bets and "strategic" movements wont beat the system. A fool's quest. I've seen folks assume they can beat the house with willpower and luck. Not happening.

Simply gamble with what you can part with. As with high-risk stocks, dont invest more than you can afford to lose. Its not just about money for people who fall; its about admitting the problem and getting assistance. Real power comes from knowing and managing your limits.

That's the point, we always control ourselves in every time we enter the world of gambling, we have to understand that the risk of gambling for users is winning and losing, where when that bad day comes to us, we have to be aware that chasing victory is not a good idea to do.

I've felt this way, three times I deposited and all ended up losing, I realized the more I chased. The more I lose, the more there is no point in chasing victory. In fact, we still lose.

I agree that gambling is necessary, there is no need to do bad things such as chasing wins that will result in losses in every game, gamble with a cool head and don't prioritize emotions.

Gambling all the time is actually an unhealthy practice and definitely is going to make you not get the best out of gambling because you will not be able to think we'll and make the best picks because you are mostly in a haste to place bets, you could actually skip some days and stay away from gambling for the day, that way it will help you to come back in a better and right shape of mind to gamble and possibly make good profits and not just the fun of gambling, if you gamble only when necessary, probably follow a routine for gambling, you will see that you make better decisions than you would do when you gamble everyday.


Only a few gamblers are sometimes able to gamble right and still keep to their routine of not gambling everyday because you don't get to see the best game you can gamble on everyday rather you only see this happening a few times probably randomly within the week you could find games and see them as potential opportunities and explore them.

Playing with goal of recovering your losses will impair your critical thinking for properly manage your bankroll. You will always tempted to bet huge amount just to recover quickly until you bust your bankroll. Remember that gambling is made for entertainment and not for financial gain. It’s important that you are gambling without chasing any amount that will lead you to take unnecessary big bets to meet the goal.

I always think that all my losses in the past is just my payment for the game I played that time which provides me entertainment. There’s no way for us to beat the house through gambling regularly on luck based game. So we should just gamble to enjoy and have fun with temporary profit, suck it if you lose your money because that’s the most possible outcome in gambling.

Always gamble money that you can afford to lose to avoid unnecessary problem such as addiction because most the addiction starts on a simple chasing losses.