Topic: Dont chase your loss - page 7. (Read 3123 times)

I usually have a fixed amount for my gambling account and once I lost some certain amount of money earmarked for a particular game for that day and if I lost a bet I close my Gambling App and move on, I had once had a sad experience of chasing losses after some streak of losses unfortunately ended up losing all my funds on my account, of course experience is the best teacher since then I had to be well disciplined and very cautious of my bettings to avoid the repeating the same previous mistakes, however I do gamble with the amount of money I can afford to lose.

I think it is a safe advice, but the problem is that it is as safe as saying "don't ever gamble", which is not always a great advice, even though it is for most of the time.

I think it means that everyone should think twice before spending a huge amount of money in some bet...

If gamblers seems aren't ready to stop after losing, that will be their risks and they can lose more money because once they decide to continue playing gambling after losses, that can caused they lose control. That can makes them becomes emotional and can gets tempted of continuing playing gambling to recover their losses. They will not remember about "Don't chase your Losses" but they wants to recover their lose because they thinks that they still have a chance to gets their money back. They have a chance but the chance is not too big than the lose that they can gets. Many gamblers will deposit more money when they lose because they thinks that their luck will comes in the second deposit. But they are not always right because that can attract them to gets deeper to the gambling.

That makes sense, maybe we are the ones who give the bookie the win, because those of us who gamble can only play and wait for a miracle to come and deliver victory. It's true what you said, when gamblers gamble excessively, chasing wins, it will only make them lose more money. because gambling is a game that is created and regulated by the dealer with the aim of the dealer being to make a profit from the large number of people who gamble. Therefore, gambling must be done appropriately, not too much because that is not the right action.

When they dare to do things like borrowing, selling or even stealing, I think they are already addicted to gambling, so they dare to take actions that are at great risk and can harm themselves. and because of this addiction they don't think about the bad effects, they will only think about winning, so even when they lose they don't stop there, there are still thoughts that think about winning which drives them to gamble again and makes their minds become messy like they want to recover their losses. . It is not recommended that this action be taken because it will only make the situation worse.

Well this is the proper ways but it seem gamblers aren't ready to pause after losing their deposited fund  the false hope given will always make them want more no matter what and this trap is and always be a strategy to pin gamblers and get them addicted to playing  it more often  to win back their lost money.
Gamblers are easily tricked with little  profit and it's humans has greediness , desire for more it's in out nature , Instead of taking the win and leaving with profit  they tend to be smart causing them more loss than their realised profit.

Do not treat gambling for earning more income and don't chase your loss because it gonna be a huge trap and the best thing is always to have a gambling budget. Money management is important even this just a gamble hahahah. If you lose so much and your budget for that day is gone don't topup again or you gonna suffer more believe me I already been there.

I agree with you have said earlier about "It is best you gamble when necessary not because you want to chase your loss and win back you money" because if you want to chase and win back your money you need 10000% of luck at that time.

Though chasing of loss can also be used to catch some  because, if the gambler eventually gets lucky that day and start wining like 10x strike, he might start boosting that he has collected some of his passed lost, but he if keep playing and the table turn around, it only takes discipline for him not to exceed his limit for that sitting. Sometimes he major problem many gambler face is that fact that they use money that was supposed to be used for another thing to gamble.

The simple fact is that if we lose a large amount of money, we will be very upset and losing a certain amount can also upset us, but not much, because we already have bad emotions. In fact, it makes absolutely no difference to us whether we lose 10k or 15k. But if we can win back or at least get a small plus, then our emotions will change dramatically. This is exactly why many are trying to win back, but at the same time they are putting themselves in an even bigger hole, losing again and again. There is no need to chase it, because if you don’t know how to stop in time, the outcome will be obvious.

Well said, the fun in gambling is gambling is gone the moment a gambling starts chasing his loss. Gambling shouldn't be seen as a competition between you and the bookies. When you see gambling as a competition, you will chase your loss because within you, you what to win the bookies. One bitter truth about gambling is that if you chase your loss, you will lose the more since no one chases lose with the right frame of mind. Gambling shouldn't be since as a marathon race where you keep running to get a price even when you are exhausted rather it should give the feeling you get when you are in a cinema. In a cinema, when you feel sleepy you easily take a nap and you don't force yourself to keep watching.

Personal experience shows that people who chase loss don't always win and they go as far as borrowing or selling properties to keep up the chase. But to me, it is not worth it. Well, I don't expect otherwise from a gambler who wants to get rich through gambling. My advise for such gambler is that gamble with ease and you will win when you least expect.

When a gambler gamble with a huge amount thereby exceeding his limit all in the name of catching up with his previous loss, he is likely to walk of the casino with nothing left for him to take home. When a gambler experiences loss after using a huge amount to play gamble, that only means that his intention towards gambling at that moment has changed from catching fun to making a win that could make up for his losses. Those who make such mistake in gambling would definitely miss out the experience of having fun. In my opinion, I believe when you gamble with small amount of money that could increase your duration of gambling while you are not even spending much to while away some time and catch some fun.

I would say this concept is as old as time gets. So many people tend to think that there next bet is going to be “the winners”. Honestly gambling habits by those whom can’t help themselves truly is a mental sickness and not just people doing things fully cognitive , but others simply have some sort of brain sickness and not just simply reckless,

One doesn't necessarily have to say goodbye to the money they deposit in their gambling account because one can sometimes win something back, but one should be mentally ready to lose that money because in gambling one can either win or lose, but there are more chances of one losing against the house because that is how gambling in general is.

People who chase their losses are those who can't digest the fact that their money is gone, they have never thought that they can also lose their money because they started gambling to earn money which is wrong in the first place. So the very first thing one needs to do is to clear their mind and concept about gambling that it is not a way for them to earn money.

Gambling should be done with caution, it's not bad to continue gambling when we are losing out, but the game should be limited and get stopped the moment we had set to stop gambling. No gambler that exceeds his gambling time, that'll get back home happy. As he'd lose out all his funds in the process. Hence, while chasing loss, it should be limited. That's till responsible gambling. It's only irresponsible when the gambler doesn't stop at a given time. The limitations could be on time or funds. Players should develop the need to stop playing the moment their designated amount for gambling has been exhausted. But moving ahead to deposit more money to gamble again isn't right. That's a sign of addiction. A gambler should be contented with what he's got, not to get passed it. They'll be no fun losing out all our funds in one session. It's painful and would leave the gambler worried for some days, which is a new stage of anxiety. That's not worth the stress, when we have the control to stop playing earlier when things have not gotten out of hand. However, some gamblers still lack the orientation to follow good and responsible ethics.

Luck is part of our lives, as well as people who make a living cannot be separated from luck. Gambling is entertainment provided by service providers and casino platforms for their users to enjoy every game they provide. there are games based on luck, dexterity, and also gambling which involves knowledge, skill and insight. whatever the type and strategy, it will always involve luck.  although, each game will be different. I don't need to explain it, because I'm sure we already know it very well. referring to what you said, it is true that gambling is basically for fun. budget the funds that have been provided, then play and be ready to lose in exchange for the fun we play. Obviously here we will involve luck, dexterity and all kinds of things to find out how to win at gambling. After all, almost all gamblers want to get the sensation of winning, apart from entertainment and fun. 

The problem is, not a few people think that gambling can make a lot of money instantly and with the lowest possible bankroll. Also, there are also those who consider it to earn a living. It's not uncommon for gamblers to be desperate to get their luck. but in the end, they just go back to gambling again and again. In the end, as the title of this thread suggests, many gamblers return to gambling to recover losses or in other words chase losses. yeah, this is what most of us experience and I have experienced it too. well, ideally know the limits of what we can afford. Also, put aside thoughts of making a living from gambling. be aware of the limit that we can afford to lose, then stop if it is no longer fun. It's not easy, but if we don't change our thinking, we won't discipline ourselves either. the result, as told by many addicted gamblers.

Gambling is not difficult to do, why many people experience big losses due to gambling is because gambling is easy for everyone to do. and also in my opinion the steps are easy. What you say is true, of course everyone when it comes to money what they want is victory and big profits, because that is something that absolutely everyone wants. but the problem is that this desire often opens the door to big problems such as losses because with this desire we can gamble excessively and of course that is not good.
That's true, not many people gamble with the aim of having fun, because many gamblers who gamble their main aim is to win, and for those who gamble with the aim of entertainment, it's impossible for them not to want to win, I think They also want to win but they can control themselves so that no big losses occur because their actions are controlled and their thinking does not encourage excessive gambling.

Viewing gambling as an entertaining game is something that is difficult for anyone to do. All current daily living expenses are settled with money. Even rich people, when participating in this game of chance, want to earn additional profits from gambling. Money is very important. Therefore, when anyone plays a game related to money, everyone wants to be the winner and regretfully wants to get back the lost money.

I think there are probably only a few people who consider gambling an entertaining game. When gambling, I think I should have a strong stance. Set strict goals and well-timed stops, and Gamble with money you can afford to lose. Only then will you be able to stay calm, not regret, and chase after the lost money.

Yes it is true that the things that lead to the best approach to gambling are easier said than done, but nevertheless it is the best way we can do to minimize the possibility of too significant risks and maybe I will not give up on suggesting the best things to gamblers out of concern for safety. Looking at gambling as a place to make money is a mindset that will be very harmful to themselves which as you said will only lead to a worse situation later on.

I think it is a fact that when someone comes with the intention and purpose of earning then usually they will justify all means just to pursue victory such as making decisions that are completely unreasonable and beyond their abilities which is where this mindset will continue to end their session with disappointment because obviously even if you win you still won't be able to ignore the greed aspect in yourself which in the end makes you lose all the winnings at the beginning and the losing situation is also not much different which when losing I am sure that you will not be able to accept the fact of defeat which in the end as you said that they will act to pursue something that has been lost, it's like you're chasing your own shadow which will never work. So of course this is the reason why it is more advisable to gamble with the aim of entertainment because with this then I am sure you will not put excessive expectations on winning.

Easier said than done, but you're right. People shouldn't look at gambling as a source of income, but more as a hobby or expense. If their goal is to earn money chances are that it will go wrong and, if that happens, staking more in order to recover from the loss is the typical desperate behavior that may lead to even more frustration.

On the contrary, if they looked at it as just a game, it would be more difficult for them to make unreasonable decisions, even when they lost.

Though gamble is basically a game of luck, and whether you win or loose is dependent on you r lick that day, even changing of strategy might not work especially, when you have the wrong sense of reasoning I'll just keep making the wrong decisions because you are desperate in making a win. However we say we gamble for fun right? If you change this mentally to gamble to make a living you might end up gambling more just to hit a target, but that is not a bad one if you have the right sense of reasoning and not let your current situation make decisions for you.

If we asked all the people in the world of gambling how many of them have a plan before playing, I believe that the majority of people will answer that they have no plan. If we ask people who are in the world of gambling how many of them have managed their bankroll and how they have managed their bankroll, these people who play probably won't be able to answer, and why won't they be able to answer? They won't be able to answer because they simply don't have bank management. So what have they been doing? In my opinion they deposit any amount of money and play, when they lose they deposit money again and play. They do not have a standard when it comes to how much money they should deposit and how often. because there is no bank management

So if we ask them how do they know if they are not chasing losses? They won't respond. if we ask them how they are managing the time they play? They also have no plan to manage their time to play, that is, they spend a lot of time playing, the next day they are playing for a long time, when the end of the month arrives, they will realize that they are playing to recover the money they lost, even if they didn't plan for it. That is why it is very important to have a plan before starting to play so that the person can know what is the limit of money that he will play with, what is the time limit that the person is playing

if a person, for example, establishes that they have 1 hour of time a day to play, then that person cannot spend that 1 hour a day to play, if a person puts in 3$ a day to play, then that person should not spend more than 3 $ per day that she herself put to play. this way the person will not be playing to chase losses, the person will be playing following their game plan and will have no reason to doubt whether or not they are addicted or whether or not they gamble with the aim of chasing losses. Unfortunately, many people haven't made a plan, haven't taken gambling holidays and don't realize when they are addicted to gambling.