Topic: Dont chase your loss - page 20. (Read 3123 times)

Betting with emotions can trigger a feeling of disappointment, despair and lead to depression due to hope to win in gambling is not fulfilled. Usually people who cannot control emotions due to unable to accept defeat when gambling will always be trapped in a circle of victory feelings will immediately approach him. The thought of raising bets will make things worse because it will be difficult to control finances in gambling, the hope of wanting to take back the money that has been spent will actually make the situation worse due to the constant defeat.

Indeed. The people who should be reading these posts are probably not going to access it. Even though we promote casinos here through our signature campaigns on this forum, I believe we do this in an ethical way, since we explain the pros and cons of the industry and how to take part of it in a responsible and healthy way, never leading gamblers to the mistake of believing gambling is a source of extra income, side hustle or a method to get rich fast. So I guess we bring awareness to the discussions.

On the other hand, social influencers, who are also promoters of virtual casinos, do their marketing and propaganda in a dubious or malefic way, since they use their influence and charisma to dive gamblers and potential gamblers into the depths of that ignorance you mentioned. They aren't concerned about giving proper hints and advices to gamblers, that is, directing them into a gambling routine which won't impact their finances negatively. Rather, their goal is to give false and wrong perspectives of gambling activity, as something highly profitable on short run, where the risks are put aside, to focus only on the bright side of potential winnings.

Of course they aren't breaking any rules by promoting gambling that way, however, I think it's unethical because they are taking advantage of the ignorance of the public, or from a diminished discernment cognitive capacity part of that public has.

It is rather a psychological factor, that makes you nervous, and as a result leads to many mistakes. You need to be prepared for losses from the very beginning, but this is difficult to understand before you start dealing with gambling (or as I like to compare it with trading).

To understand this you need to have experience, but you won't be able to get it until you start playing. The success of each player will depend on the result of many bets, some of them will be winning, some will be losing, and the final result will determine whether there will be a profit or a loss. So trying to win back after every loss is a bad idea, and will only lead to further losses.

It is true, the majority of gamblers chase losses to get back their money and often we find that these gamblers will often lose more than they gain because of their very wrong way of thinking and acting. He shouldn't do things like that because all he has to do is waste time and money pursuing desires that he himself is not sure he will achieve.
Yes, just thinking about stopping is the right step, but most gamblers can't do it because of their strong desire to win.

I don't think it's easy not to chase our losses as gamblers because when someone isn't in the right frame of mind, they're more inclined to make rash judgments that contradict their better judgment. Although it can result in higher losses and emotional pain, causing them significant harm in their lives, if they find themselves in that situation, it is critical that they take a step back and rethink their plans to determine whether or not they want to proceed.  However, deciding not to chase our losses is not easy.

Nice! I may call that the same from now on.  

It's true and I agree with you, it's a never-ending game. We play, we win, we lose, and we keep on playing. Another reason why many gamblers are easily addicted to it.
Looking for revenge had always been a bad idea, either in life or in gambling. Many gamblers cannot stop because they think their next bet might be the lucky one to change their life or a new start of capital to gamble more.
We have different reasons why we chase our losses, a part of it is also because of our pride and ego. We don't want to end the game as a loser, we want to at least smile a bit at the end of the road and somehow tell ourselves that we defeated the house.
This kind of mentality is why we cannot just end it, we cannot withdraw, and we cannot enjoy our profits when we win a decent amount. We want bigger things and the satisfaction level is not high enough to tell ourselves "We are done."

Yeah, totally get what you're saying about not chasing your losses in gambling. It's like this never-ending loopp.

You win, you lose, and then you feel like you got a win it back. But man, that just keeps you stuck in that cycle, and it's very important to control this situation. Instead of focusing on making money, maybe we should see gambling more as a fun way to pass the time. It's hard of course. It's all about changing our mindset and not getting caught up in that whole "gotta win it back" mentality. Only family and a strong character can make gambler feel free again.

I call this the "cycle of gambling" where a gambler is stuck on this scenario of winning and losing.

Based on this cycle, a gambler would most likely gamble again regardless of whether he wins or losses. The initial reaction of a person whenever they lost in gambling is to recover the said losses by gambling again. Similarly, a gambler would most likely gamble again if he wins just to try out his luck if he could go and continue his winning streak.

I do agree that whenever a gambler chases their wins/losses, this would lead them to a position where they are stuck in this cycle. In order to really recover from this, it is essential that they change their perception about gambling and their goal. Rather than seeing this as a way for extra income, one must see this primarily as a way of entertainment.

You're right there; the more we want to win, the more we don't realize that we're becoming greedy without even noticing. Of course, when we think or want to win, we don't even notice that we are losing an amount that is getting bigger and bigger without us even noticing, right?

So it should be those two things that gamblers in this field of cryptocurrency should not do. It's still better to gamble just because our intention is to have fun, and if we win, it's because we have the luck that comes with playing in a casino, right?

This is a piece of good advice and it is common here unless the person is not frequent to this section of the forum. It is better to keep the cool, or else, one will regret it. What you just narrated is being orchestrated by our emotions, which would force us to gamble when we are supposed not to gamble, and the result is always regrets. Gambling should be done carefully, cautiously, politely, responsibly and managerially, but if the gambler realises that he is doing otherwise, then he needs to change his ways. It will be best if we are gambling with the mindset that is neutral and we are in total control of ourselves and the decisions we are making at that time. That is when what we know about gambling, our budget and plans can be effectively added to keep the quality of our gambling intact and also properly manage our portfolio.

Peradventure a gambler is out of balance and knows within himself that he is doing what he was not supposed to do, I think it is time for the gambler to call it quits on that day. It is better to take a break for a fresh breath so that emotion would not cause you to do what you did not plan and later regret it. As simple as this advice is, it has helped a lot of people to achieve great results in their betting, and even if they do not win much, it would help them to limit their losses even as it is helpful to their psychology and their gambling account.

Is a bitter truth and many will see no reason to accept it, chasing loss will lead to addiction no two ways about it, addiction will not only make you to break your gambling boundaries in terms of the money your are going to spend and the time consuming, your general life welfares Will be destabilize. However ignorance is a bad deases for those will not take advantage of what is being shared here .

It can be hard for some people to not chase losses, as they are absorbed by impulsive emotions when facing harsh losses gambling. However, that is a skill they have to practice until achieving excellency, because there is no other way to avoid losing money they can't afford losing. They are the ones responsible for their own actions, so they have to learn how to take the best decisions which will result in the most benefical outcomes for their lives.

If a gambler simply tells it's too hard to not chase losses, and therefore he can't avoid doing this, it means he is giving up on his own welfare and resigning to the addiction. And unfortunatelly, nobody can save him from this if he has already retreated from the battle. Family, friends and therapists can always help, but it's the addicted one who must always be in charge of his own personal battles. Nowadays people are constantly neglecting their responsabilities and consequences for their own acts, so it's hard to talk about this subject from this point of view. However, I fear it's the only possible path towards solution in a realistic way.

The importance of applying limits in gambling so that we can control how much loss and victory we get, but for some of us here often do gambling without good control so that in the end we will only lose money in gambling, let's say you are in a gambling position at this time, it's good for you to target what is the maximum limit of money you will use for gambling capital and if you lose It's better to stop and maybe continue tomorrow so that your losses don't get bigger and spend all the capital you have in the gambling account, as well as if you are winning, it's better to target how much you win and stop when indeed the target has been achieved, because if we continue the game then it is not impossible for us to lose in the end because of too much appetite in pursuit of big wins.


I personally have been applying my maximum loss limit when playing slots no more than $50, as well as if i am lucky to win with the maximum I target is $150 and I will stop playing when the limit is reached, and most importantly we should immediately withdraw the winnings to our personal account and leave part of the winnings in the gambling account for capital to play again later.

Exactly, our decision are clouded if lets say that we are losing already and at the back of our minds, we say we should stop already, but then it messes everything up as we wanted to chase and at least break even and not lose any money. And sometimes gamblers take that slippery slope and jump on and then hope that they can recover back. 50/50 for all of us, and either we win and get it back and totally lose everything.

So it's really hard to do that, yes we have heard this advise and even if we start gambling we have this in mind. But what can we do in that situation? You brain's is wired differently when you are gambler and hard to snap back to consciousness unless you do that, chasing your losses.

If you are not gambling to make a lot of money you won't simply have any reason to start chasing any losses, because you aren't expecting to get rich as a gambler, you will be able to take less risks on gambling and become more focused with your life on other things that matter, other things that can bring you a better life than gambling.

Those who are millionaire today because of gambling got lucky, if anyone around your vicinity become a millionaire through gambling, believe that it's their luck, you don't have to feel like you can be the next, only five out of every 500,000 gamblers can luck when it comes to winning while gambling.

You don't have to look up to anybody, be more realistic with yourself and your decisions, especially money decisions, since winning in gambling requires luck, you should not be told that risking very little is the way.

Chasing losses in gambling is a slippery slope. It messes with your decision-making and takes away the fun. I think it's important to gamble for fun, not just to recover money. Setting limits and treating it like entertainment helps keep things in check and if you're only in it to win back what you lost, you might miss out on the actual enjoyment of the game. Being responsible means knowing when to stop so you don't end up in a cycle of trying to recover losses. It's about finding that balance between having a good time and not letting it mess with your finances

         -   Let's only gamble with the amount that we can win; let's not gamble with an excessive amount of money that we will enter the casino with in cryptocurrency that we cannot win, and we will feel regret about that in the end.

And it is also not very good that we chase our gambling losses in the casino where we play. Because when we chase the loser, we won't be able to chase it. It's just that the amount of our loss is getting bigger and bigger.

while we can theoretically think it's not best to put emotions into gambling, the reality is that most people can't do this. As long as they've lost money in the course of gambling, they would want to gain it back or even win twice or thrice the amount they've lost and this in most cases would normally lead to greater loses.

Most gambling that do daily gambling normally come back another day to regain what they've lost in the previous day and this is very common with virtual sports gamblers. The best way to go about gambling responsibly has always been setting an amount you won't go above regardless of the urge and if you're loosing, you just take a break to get your mind in the right tune before continuing again.

Even if you say more, it will be difficult to wake up the addict. I know that it will be difficult to accept the fact that the majority of gamblers are just a money-making tool for the house. Waiting for the joke, many people have it justify their behavior even when they are losing their responsibility towards themselves and their family.

Gambling is not right or wrong, the problem is that the person using it is not able to control their behavior. The psychology of greed, delusion, etc. often leads to bad scenarios in life, and in gambling, they show more frightening manifestations, even though people with good intentions advise and advise responsibly. in behavior, but for addicts, they may not know what is called "responsibility". After all, life has many nuances, and they are also a part of helping warn us not to make the same mistakes as them.

If your interested in gambling is selfish and sentimental then you would have a lot to loose because if you chase after making profits, the lucky chances to win while gambling might not consider your conscience to grant you the winning you craves for so, you could keep staking and have a continues loosing untill you would change your mindset to say... Okay, I don't want the profite again, all o want now is just recover my losts.

Don't get fooled because you are still being selfish, sentimental and ignorant to your formal losts because the gambling would not still consider your conscience to say okay, let me return back your losts instead you are of every tendencies to loose more.

If you must be safe while gambling don't be selfish and sentimental, take every aspect of it for fun either at your losts of winnings. Be conscious while gambling to stay responsible to life and to be he society because gambling itself has a frustrating potential possessions if the gamblers are not able to take care of their emotions.