Dont chase your loss - page 25. | Bitcointalksearch.org

Assface16678

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Quote from: Tmoonz on March 05, 2024, 04:22:29 PM

Quote from: jossiel on March 05, 2024, 03:43:22 PM

Quote from: Tmoonz on March 05, 2024, 12:40:42 PM

It is best you gamble when necessary not because you want to chase your loss and win back you money

You don't say that. Most of the gamblers that have lost with their bets are going to chase their losses no matter what you say. .

Gambling on the motive of getting back your loss is actually bad, the implications are very dangerous as regards to gambling you will end up being addicted where you are being controlled by the games and not you controlling how play the game, of a truth is normal to feel depressed when you at loss but however chasing after your loss is out of control rather than you controlling the game.

There's no such thing as recovering or getting back the funds or money you have already lost in gambling; in fact, it will only make you lose more as you try to recover your losses. Then what is the best option or what is the best thing to do? Let it all out, meaning what's gone is gone at the end of the day. If you already lost all your funds for gambling, then it's time to stop. You will feel regret, yes, but the thing is, if you try to get it back, you will only dig your grave caused by gambling, so just wait for the time that you can have funds again allocated for gambling. You have a choice. You choose to play gambling where there is no certainty that you will earn or get back the money you lost. If you can avoid gambling especially if you can't lose the money you are using.

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Quote from: Tmoonz on March 05, 2024, 12:40:42 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?

It's ok to chase your losses as long as you're using money that you can afford to lose, the problem with chasing your losses is after you lose your bankroll you increase your bankroll immediately and deposit that is within your allocation and you are chasing your losses based on your emotion, it's within one's emotion to chase your losses we all want to do this in the back of our, we calculate our previous when we are winning and this is additional motivation but you should control our motivation because we could eventually lose what we've gained.

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Quote from: $crypto$ on March 05, 2024, 01:06:49 PM

Gambling is done as fun, if you win you should be happy, if you lose do not despair let alone stress.
Enjoy gambling with cold money, don't force it because money is for your needs.

You have identified one particular problem that makes people to fall to chasing their loses. Gamblers tend to force winning out by themselves without understanding that the games have an already direction that it is going while they want to redirect the outcome to suit them and this is the reason they fail after a try. They are destabilized in studying their analysis because their focus is winning back loses, so they just run in into betting for another one after they have lost the previous.

We have to understand that to force our bet into our desired aim will not work so we have to be reasonable and bet the amount we can endure when it outcome is loss, with this it will help our gambling adventure.

Tmoonz

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Quote from: jossiel on March 05, 2024, 03:43:22 PM

Quote from: Tmoonz on March 05, 2024, 12:40:42 PM

It is best you gamble when necessary not because you want to chase your loss and win back you money

You don't say that. Most of the gamblers that have lost with their bets are going to chase their losses no matter what you say. .

Gambling on the motive of getting back your loss is actually bad, the implications are very dangerous as regards to gambling you will end up being addicted where you are being controlled by the games and not you controlling how play the game, of a truth is normal to feel depressed when you at loss but however chasing after your loss is out of control rather than you controlling the game.

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Quote from: Tmoonz on March 05, 2024, 12:40:42 PM

It is best you gamble when necessary not because you want to chase your loss and win back you money

To try to win back the money you lost from the previous gambling sessions is also a good goal. There are responsible gamblers who check the results of their weekly or monthly activities and count if they're in the green or red. The problem here is trying hard to achieve that when you're no longer in a condition where you could think clearly. Take a break before attempting to do it.

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When it comes to gambling, it is very important not to chase a particular directions because in doing so you tend to record your highest loses along the way, and most of the people that take that particular directions have become either addicted or even indebted so it is best to always gamble having in mind that you can lose all your money as a result that is why is advisable to gamble under strict compliance with your set rules.

1: don't gamble trying to recover from previous loses
2: don't gamble with too high amounts that you can not afford to let go if you lose.

And also you should avoid gambling under the influence of any thing such as stress, desperation or drugs.

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Quote from: Tmoonz on March 05, 2024, 12:40:42 PM

It is best you gamble when necessary not because you want to chase your loss and win back you money

You don't say that. Most of the gamblers that have lost with their bets are going to chase their losses no matter what you say. Whether you remind them not to win back their money and stop chasing them, you just cant' stop them from doing so.

Because it's a nature in human that we're not going to give up easily and if it's our money involved, we'd never stop. But with that, you'd see that we're not having some good ending with this approach.

Quote from: Tmoonz on March 05, 2024, 12:40:42 PM

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 skills is out of this.

If you're a good gambler then you are a good gambler but this involves decision making. So that's why I've said that gambling skills is out of this and this is more of your decision making skills and how you control your emotion.

_act_

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Quote from: electronicash on March 05, 2024, 02:56:48 PM

when is the time that it's necessary to gamble?
however, it's been the usual advice not to try chasing the loss. the more money will be lost in doing so. the martingale strategy is basically chasing the first loss and then you who applied the strategy kept doubling to get back that loss.

Martingale strategy is good but some gamblers use to abuse it and making the wrong calculation to the amount of money they can afford to lose, leading to them using more money to gamble and if the strategy failed, it would be a big money loss.

Quote from: electronicash on March 05, 2024, 02:56:48 PM

i have not seen a single user who tried chasing their loss and got it back successfully, i hope to see one actually.

I have chased loss before and later won but it is not common. But chasing loss is bad because if I will count the number of times I chased loss to be 10, I won only ones and the rest got all the money in my account lost to gambling. Chasing loss is not good.

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Quote from: Oshosondy on March 05, 2024, 12:45:29 PM

Do not gamble for money making
Do not gamble when losing already. That is true
Do not gamble that day again if you have made profit
Have gambling budget
Do not let your gambling budget to be more than 1 to 5% of your weekly income. 1% is percentage that is recommended to gamblers
If you go more than your gambling budget, you are an irresponsible gambler.

Follow these basic stuffs then you would really be just that fine. It is really just that there are people who arent really that thinking up sensible before they would really be taking up actions.
They would really be just that trying out to push things on what they do have in mind instead on trying to make those kind of control and responsible acts so that they wont really be finding out
themselves on experiencing those gambling problems.

When dealing up with gambling then it would be always best that you should really know on how to control yourself on the time that you do deal up with gambling.
Never ever make yourself that getting impulsive to it because if you do then this is where things turns out to be a shit on which you are really
that putting up yourself on such huge potential problem that must really be considered out to be controlled.

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when is the time that it's necessary to gamble?
however, it's been the usual advice not to try chasing the loss. the more money will be lost in doing so. the martingale strategy is basically chasing the first loss and then you who applied the strategy kept doubling to get back that loss.

i have not seen a single user who tried chasing their loss and got it back successfully, i hope to see one actually.

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Quote from: Tmoonz on March 05, 2024, 12:40:42 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?

This topic is one of the most popular discussions on the gambling board and I think it is also worth reminding people about chasing loss. New gamblers are coming up every day so they need to learn about the mistake of chasing losses. Gambling is an unpredictable activity, so how will one know that he can chase losses and win? The house will always have an advantage over the games. The option is to have a gambling budget and follow it strictly. If you finish your gambling budget for a day, it is better to go home than to chase losses. Many people have become gambling addicts because of loss chasing and there are cases when gamblers become indebted because they want to recover their losses.

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Quote from: Tmoonz on March 05, 2024, 12:40:42 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?

Chasing up your losses is the most common thing that you would really be able to experience when you are dealing up with gambling. Why? you would really be that able to experience the worst and this is something
that you would really be needing up to consider because gambling is a matter of risks taking but in general sense it is really just that been done for the sake of entertainment and leisure.
It is really just that there are people who are really that too desperate on trying out to break even or getting those loses back. This is why its really that important that if you cant be able to bare up the
risks on which gambling could give then it would really be always that wise that you shouldnt really be gambling on the first place. This is why it would really be that important that
those kind of self realizations before you do proceed on.

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You cannot earn back what you have lost while gambling, a responsible gambler should know that, if you have lost already, it is better to stop and continue later, and when you later return, remove the thought of winning back the money you lost from your mind, if not you will lose more. You will sleep better at night if you take gambling more as a fun activity, rather than because you want to get rich from it, irresponsible gamblers always think they are going to get rich from gambling, but it will not happen.

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You should stop gambling if you find it bad for you and you find it a cause of your dropping of your economy. Gambling should just be play for changing your mind but if you think that you will gamble all the time and you will win all the time and also you will recover your losses then you are doing a big mistakes the result of which will just be an addiction toward gambling.

Use just few amount for gambling and don't forget that this limit will help you to reduces loss therefore try not to remember after a Loss and don't change the limit of your money and time just to chase your loss.

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Quote from: Tmoonz on March 05, 2024, 12:40:42 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 shouldn't be a skill in the first place. It is just a way of having fun. There is no such thing as "improving your gambling skills" unless you are a professional gambler and you are not a professional gambler. Then why even get obsessed with making money from gambling if you are not a pro?

If you want to make money get a different profession instead. When it comes to making money, the other jobs are way easier than gambling I am sure about that.

If you lost, you lost. There is no point in trying to get back what you lost. You can always play more if you want but not like this.

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I think those that mostly chase losses in gambling are those that fully depend on it, like a side hustle or a major hustle, where they believe it's a sustainable source of income. A real gambler who is fully oriented and experienced in gambling will not want to chase losses because it's easy to understand that winning in gambling is definitely based on luck. If a gambler is lucky to win on their first bet, they may not be lucky again on the next game. Therefore, it is wise to just gamble with what the person can afford to lose, and if they have had a series of losses, they can just take a break. Although sometimes I am set to gamble and perhaps I have planned to spend $10 or $20, until I spend all that money, I might not take a break, even if I was losing all the bet, but what I don't do is gamble above those limits, where my balance gets exhausted.

_act_

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Quote from: Marykeller on March 05, 2024, 01:37:19 PM

They don't intend to gamble for fun, and neither would they like to gamble in vain without actually actualizing some profits before the end of their gambling day.

That is the problem many people have. Are they stupid? They see a betting company increasing in workers and having more money. Do they not know that is possible because most gamblers are losing and the gambling companies are making money? If a gambler do not want to gamble for fun, he should not gamble. If he is looking for money, he should get a job.

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It is easy said than done don't chase your lose. Still yet gamblers will keep on chasing their losses, because they are always doubling their bet when they win little amount, since they are not satisfied with little wins. Anyone that sees gambling as way to change his life will not be able to stop chasing his loss, because he is already an addict unknown to him.

Gambling is be done with ease, and for fun so that you will be able to gamble with an amount that when you lose, would not be anything to you, and this will not affect you emotionally. Having a time limit for gambling, and having a gamble budget is another way to control your loss. You should also not gamble frequently, to avoid addiction.

Marykeller

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Most gamblers are filled with the habit of chasing their losses. They don't intend to gamble for fun, and neither would they like to gamble in vain without actually actualizing some profits before the end of their gambling day. That's why we keep learning that most gamblers who are fond of chasing losses have indirectly turned themselves into addicted gamblers, who don't end their day-to-day gambling ordinarily without chasing losses because, to them, they have a target of earning money initially and not losing money in a gambling house. After all, that's not their thought at first instance.

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I used to do it before, but then I realize that it was an amount that I could afford to lose from the beginning, and I risked it knowing that I could lose that money so I shouldn't try to increase the amount of money that I would risk, just by trying to recover what I already lost.
For me if you would try to chase what you lost, then you shouldn't have gamble at all.

Topic: Dont chase your loss - page 25. (Read 3123 times)