Topic: Dont chase your loss - page 2. (Read 3123 times)

Gambling is indeed very risky, especially with the risk of defeat or loss in gambling, it is a risk that can no longer be avoided. This risk is certain to occur even if we gamble carefully and thoroughly. However, we can avoid the risk of big losses, such as chasing losses or chasing wins, which can actually make us lose more money. As long as we can control ourselves well then big losses can definitely be prevented, depending on what kind of gambling we do.
a mindset that doesn't want to give up is the same as making us lose everything, especially money. We have to be able to think about the bad impacts that will happen as you said, by selling everything to chase victory, that is not the way to get victory, but it is the way for us to lead to the destruction of life. people who have done that, in my opinion, may have believed too much in gambling which can provide a definite win, because there are gamblers who think that behind the many losses that occur, there is a win that can be obtained and reverse all the losses that have occurred, I myself not too sure about that.

Indeed, if you prepared yourself before entering it helps to keep that focus, most of the time organize gambler is the one who can perfectly practice such kind actions, those who already got a huge experienced and manage to control every emotions that might be triggered along the way, not an easy task but doable, as wise gambler knows the right timing to stop of push for more.


No one can tell that, if luck permits then it will happen, and for sure no one can predict the next outcome of your bet, so on that situation it's the persons decision and no one should influence them to whatever they wanted to do.


Being responsible helps a lot, a good factor and practice that you should have to avoid losing more money and become addicted.

I love the balance remark you mentioned, but one can have that balance only if they are fully prepared for gambling. This is only possible when they have the right gambling system, budget/management and psychology prior to starting gambling in the first place, and these qualities/know-how will be the guide of the gambler to know when to gamble and when not gamble, unlike the way people make it looks like a compulsion to have a stop at a certain point. The issue with most gamblers is that they gamble anyhow, that's why the results are also anyhow, and more reason why a random person can issue random advice, but I do not buy such an idea.

See, I am not a fan of telling a gambler not to gamble more to avoid more losses, what if the gambler would win his Jackpot in the next gamble? No one can tell this, we are just assuming and trying our luck. As much as no one can know the time to lose as well, no one can know the time to win too, but people like to instil fear in gamblers which I do not like.

My advice is that gamblers should continue to gamble as they like but have a viable plan and management towards it, which of course will enforce responsible gambling rather than following random advice.

One of the main issues on why gambling is really that a profitable business is that gamblers are really that making those kind of unrealistic goals that they do have in mind on which it would really be pertaining mostly on how they would really be able to make themselves that rich with gambling. This is why they do push themselves at their limit or past beyond that. This is why as a gambler then it would really be better that you should really be just that playing for the sake of fun and not for making money. Dont chase up your loses because once desperation kicks in then it would really be that so damn hard to quit or control it out. If you arent that good when it comes to discipline or making good decisions then expect those unfortunate conditions later on.

Dont chase your loses and it would be just better that you do play gambling for fun as recommended. Dont make yourself that delusional just like on most gamblers because
once you do find yourself having that kind of mindset then it would really be that hard to recover once you do have made out that financial damage that you had made out.

Well, what you say is very true, when things are done in an uncontrolled manner it is very difficult for things to turn out well, I have always said that a person who enters a casino has to enter with his balance for the casino alone, there is no On the other hand, because if you enter without knowing how much you are going to spend, it is most likely that everything will be spent, and that is not a good thing. When you do not have control of the money, things can turn out that way. Sometimes we try to control the emotions. , but the truth is that it is something very difficult.

Personally, I would say that when things are done well, the best thing is to control money, emotions are something else, at least for me it is Difficult to control and if there is a lack of control with our money and emotions, then that would be very dangerous, and that is the reason why many people lose a lot of money in a casino and that is what should be avoided, leaving the casino without money is not pleasant, whether physical or online.

They lose the self-control that made them like that, they no longer think rationally and will tend to fulfill their lust to continue gambling. This will continue to happen until they lose everything and even worse, maybe they will be at the point where their family will let them or leave them. When all that happens they will realize the mistake they made.

It's true that it's never too late, even if they've lost everything, but their process of waking up and regaining the trust of their family will take time. and usually in that process they need someone who will always be there beside them, because if not, maybe they will have much wilder thoughts. If we have a family member who is addicted like that, my advice is not to leave them, we can leave or let them, but what we do is just a form of punishment so that they realize their mistake, and when they realize it, it would be good if we could accompany them so they can get up and improve his life.

Life involves risk. It's what pumps blood, right? Risk isn't one-size-fits-all. Gambling? That's risky, like jumping out of a plane with a broken parachute. Ensure you understand the repercussions. Yes, it's about seeing the larger picture and knowing when a gamble will fail

But it's not about demonizing gambling. It's about that unchecked urge, that voice that keeps pushing when it should fold. Selling everything to win? This is self-destruction, not risk-taking. The problem isn't gambling, but a mindset that won't let go and change techniques

In fact, it is not a problem to take risky actions because there are those who say that if we want to get satisfying results, we have to be brave enough to take risks. but we have to be able to see first what we are doing, if it is certain that it will end in disappointment then it is best not to take risky actions. including gambling, because gambling is likely to result in a disappointing defeat. and we have to be able to accept that, don't let the losses that occur through gambling become a thought because that will trigger emotions that can make us lose control of ourselves by gambling.
when the gambling they do is excessive then it is clear that there is a possibility that they will do something that is indeed a big risk as you said, namely selling the property they own because they still want to gamble but have run out of capital so they sell the property they own and use the money to gambling again, in my opinion it is an act that has gone too far.

Yeah, that's usually how it goes.

Someone will get addicted, then lose all their money. Then, any money they can get their hands on will also evaporate.

It is a tricky situation to be in, and you don't want to have your money accessible to an addict.

It is true that cases like this often occur in the life of an addict. By pursuing victory, he dared to take big risks by betting without proper rules. An addict will spend all his money and sell his possessions to be able to gamble.
An addict has a weak conscience so he will do bad things that harm himself in the future by gambling with inappropriate money so that he will feel how stupid he is when it is all over and he has nothing left.

Prepared both mentally and financially, I guess there's always a balance that you should have when you enter this industry, without proper balance you'll find yourself keeps chasing for your losses, and instead of recovering it back you'll always lose more, most of those who exceedingly gambles ruined their lives as they are unable to balance their time and their money pushing them into an addiction that makes them broke.

It's very important to have that mental capabilities to make proper adjustments in times that you making your way betting around, it's your decision to make that matters.

We should always be conscious of the way we gamble whether we play when we don't have to play or when we don't have the interest or was forced to do so, we need to make sure that we don't chase losses. If such kind of behavior is continued, it would have not effect on our and we might not like the outcome. This is why we need to be very prepared whenever we want to gamble. That will help us to stay focused and not gamble anyhow to the extent it will create loses for us. It is very important we avoid any rush or something that will keep telling us to keep gambling even when we are losing big in the market.

This type of gambling, such as a slot machine, is a game that is too difficult to win, or that means it is quite rare for people to win there and in addition, slot machines have advantages that other types of games do not have, namely slots are very easy to win. play, attractive symbols and also musical nuances that can lower your level of consciousness or mean that it can easily make you fall deeper so that the mindset and actions to apply limits become less likely, which is all that causes the majority of gamblers who play on slot machines more often than not you go home with defeat, sometimes you can win but it is a fact that more people end up losing the winnings they have won because they fall into it and are unable to control their greed.

I don't know whether it is true that slot machines have a different algorithm or the winning percentage there is much smaller when we compare it with other types of bets, but what I do know is that slot machines are a game that is purely about luck and in addition slot machines have advantages such as as I said above, there are many very interesting things such as funny symbols, tempting fractions and interesting musical nuances which can make gamblers forget how to go home or draw the line at the right time. On the other hand, you can't just say that winning depends on how good the gambler is, because it is clear that this is a gamble where it will always be about two possibilities at the end of the session between winning and losing, especially this type of slot machine game where all the final results are purely a matter of luck. .

Don't just rely on luck? I understand that you are definitely talking about a type of sports betting where you can apply skills and knowledge to increase your chances of winning, but you can't just say that by having knowledge you will be able to achieve good results, we have to understand that everything always refers to luck , and sports betting is like a combination of skill, knowledge and luck.

Yes that's right and one of the reasons why chasing losses is pointless is because it's too risky an action which is most likely like some of the cases that have happened where you will only lose a larger amount of money instead of achieving recovery, another reason is because gambling is not a place to earn so of course it's natural that for example losses are more common than wins because you also said it here that the fact is that the house always wins anyway.

Gambling is full of temptations that look very tempting which basically most people are unable to ignore this so in the end this is what makes a person become so impulsive in gambling when it turns out that things that look tempting turn out to be nothing more than a trap and obviously the inability to accept the fact of losing is always the first trigger for someone to act worse based on emotions because something they expected turned out not to be appropriate.

On the other hand if we are one of those people who are very meticulous then yes I think they will think of all the ways to manage, balance and control everything properly, but it is a fact that most people only see gambling in terms of winning opportunities.

That's what makes me spend more on sports betting than playing casino games because I know that I won't win against a machine, especially what people usually play, namely slot machines, many of them are more addicted to gambling because of casino games than sports betting because of betting. In sports we still need to be patient for the next match so we don't rush too much like playing a casino game when we lose then we increase our bet quickly and that's when our money runs out.

I think sports betting makes more sense than other gambling games because it is far from being in the hands of the dealer which allows for cheating also in some casino games, I often hear that online casinos often cheat which is why the dealer always wins, unlike sports betting, that's why I never had much hope of winning big at online casinos because with casino games I focus more on having fun and entertainment, nothing more than that, a gambling game that doesn't make people lose a lot of money and is addicted to gambling is sports betting, exactly as you said. .

That's a case that has happened a lot, that's what I know. Many people experience problems in life because they gamble excessively or beyond their own limits, including the funds used for gambling that are not reasonable, such as risking all their savings or selling property they own to be able to make money by gambling. , that is a very silly thought, because gambling will not give you victory easily. As far as I know, winning at gambling is based on your own luck.
It is clear that self-control is important when gambling because of the many cases that have occurred due to the impact of bad gambling.  as you said, if gambling is done without self-control then they will only lose more money As much as possible, we must be able to control our emotions because that can help us to avoid losses that have occurred in many cases that have occurred.

I’ve never trusted slot machines, I’m almost sure that there are algorithms that calculate winnings in such a way that the player will only lose, and it’s clear that the casino has the opportunity to put everything in its favor. In betting, a player definitely has more chances, but this is only if the player is good enough at it. It is difficult to compare machines and bets, because in my understanding they are too different types of gambling. If you rely only on luck, then there will be losses in all cases. If you take your knowledge as a basis, then the best result can be achieved in bets, where you can independently determine the winner.

This is very true in slot machines as in order to get the money back you need to play again and again and hoping for that max win.The bad thing is that a max win with an optimistic prediction happens usually once in 2-3 years if you are very lucky but it also may never come for quite some more years and while a person is back chasing it this means it will constantly lose money and he will lose it all,he will not make a distinction between reality and his desire to make the money back by playing slots,this is where addiction starts and needs to be cured.

In sport betting is a bit easier as if you have enough patience to wait for the games you have bet on then most likely addiction can be controlled.

All this "gambling for entertainment"? Honestly, thats ridiculous. Hitting it big is the goal. The rest is a sideshow. I understand. You feel the exhilaration, highs, and lows.  Not most people play it because its risky and against the odds. And those losses? Wow, that was a harsh lesson and a bad night out.

The smart move? You enter, play well, and win: you take home the reward. Staying and chasing what you've lost is perilous and not strategy. I get the struggle. The great winners recognize addiction and fight back. Knowing this is strength, not weakness. Making the correct choices is the ultimate victory, not winning money.

Well said.
If a person plays only when he wants, then this is normal and correct behavior. If a person plays when he doesn’t want to or makes a bet that he doesn’t believe in but hopes to win, then this is already a bad signal.
It is also worth noting that at first a person enjoys the game, but then the game begins to captivate him and he starts playing because he needs to win back the lost money, but, unfortunately, this entails further losses