Topic: Dont chase your loss - page 8. (Read 3001 times)

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.

Continuing to gamble when you are losing in the hope of getting back what you have lost is of course a very bad choice, because when we are losing, of course it will be very difficult to control our emotions and we will not be able to focus on the game we are playing. By forgetting about the losses we have experienced, maybe we will be a little better so we can use new strategies when gambling, maybe we will be able to win the bet because we play with no burden so we can make good decisions.

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.

Chasing losses is not the ideal way to recover your loss, because it is impossible to recover them. It is only when you are lucky to gamble at the right time, that you can win and recover some of it. But if you say that you want to recover your loss by yourself, it will lead to more losses.

However, when you understand that losses is part of gambling, you will be able to control the amount that you are putting into gamble, because you know that it is not certain for you to win.

Better to have that kind of mindset, as if you keep chasing your losses you'll ends up losing again instead of having something to use for your extra entertainment, gambling should not be tolerated as you need to bring more deposit to chase your previous losses, it's better to move on and try to reassess what you did wrong from your previous sessions, having a fresh start helps you to decide properly, unlike if you are trying to chase something you'll become aggressive and your aim is to win back your loss money.

Trying to chase loss is one of the easiest way of Lossing all you have left. The major fact about gambling is that, what is gone is gone. Just forget about the past and move on, that the only way you can gamble without putting too much of pressure to make sure you win a bet, is when you forget about the past and focus on the future. If you win consider it luck for the day and be excited for it rather than thinking of past loss.

Nah, don't do it. If you are losing, might as well stop. Refresh the page and try again because that is where you might see you balance going back to the amount that it is used to be.
This is where we are forgetting to control ourselves because we want to gamble continuously and try to win back the amount that we lost. But that is wrong. If we can learn to play another game where we could try to win our money back then we might as well try it.
I've been playing a long time gambling and all I can say is that I always win my money back through a different method. Change of game or change or amount. Just try it and let us see how it will go.

I mean I take your opinion on that, I mean it's not like I would just give it up on my 100$ in the first place but I just consider it as a lose of money, If you're going to ask me I would surely gonna have 100% of my confidence if I have that 100$ that I dont really care to, compared to 100$ that is a money that I only have. What I mean is I dont just give up on that money in fact I am more confident to risk it and gamble it because it just like it wasn't my money anymore.

I dont agree that you're never going to be profitable with that mindset, I mean there are a lot of times when I could grow a 40$ gambling investment to around 600$ in a few months on sports betting. But I just treat this money as excess money so I dont really care about it when it comes to losing, If you going to ask me that's boosts my confidence in doing risky bets, even though I might lose a huge amount on it, it could definitely be the other way around. Gambling success is not just gonna depend on confidence and protecting it, beside it is more like lucky if you going to ask me because not everyone is gonna win for sure, it might be possible but it doesnt mean that it is going to happened.

Greediness and other things or emotions that do really trigger out such actions because of those factors. We cant really be able to deny that once we do lost our bankroll then high tendency that we would really be thinking that we should be playing up even more just to possibly be able to recover those loses on which this is really that a very wrong mindset to have. Dont chase up your losses.
You should really know on when to draw the line and would really be able to stop completely or call it a day because if you do tend to chase up your loses then you would really be definitely be
that making yourself that creating a problem on which later on that you might not be able to handle when things becomes that too big or something that do talks about recovery
which seems to be that almost impossible to deal on with.

The problem problem comes from  greediness , desire for more after some wins .
Well, it's okay to desire for more but you have your profit already and still want more and more , IMO there should be some return target profit according to the fund use for gambling  and once its acquired you could pause it to play next time or you could use out of your extra profit gained from it if you desire for more and if the opposite  comes set a point to pause gambling (for loss), with these you can make something out of gambling nor gambling it all with focus ,besides gambling should be taken as playing  for fun

It is certainly a bad practice in gambling where a gambler repeatedly gambles to recover losses. Here one thing is very important that betting in gambling must have both profit and loss it is normal but there are many gamblers who keep betting repeatedly to recover their losses. Of course, repeated bets are more likely to lose, and more likely to eventually lose everything and go bankrupt.
So if one has to try hard enough to control the greed in gambling and have self control then surely a gambler will never have the possibility of going bankrupt in gambling.

Yes, chasing losses will actually make us fall into a deeper pit or make the situation even worse, we must understand that gambling has absolutely no certainty that can guarantee you to always win and therefore the uncertainty and randomness in the matter of the final result about winning makes gamblers who chase victory even end up losing more money. Therefore, as we often hear that we are always advised to gamble with the amount we can afford to lose, all because so that we do not get emotional and so that we do not think about chasing something that has already been lost because it is an impossible idea to achieve success.

I think we should go back to the original understanding that gambling is always about risk-taking activities where you will be in two possibilities at the end of the session which is winning or losing, so of course because of this uncertainty is why we should focus more on preventive measures than winning opportunities, simply put if you are lucky enough then you will also be able to win which might recover something that has been lost before, so be patient and change your mindset.

The gamblers do not think that chasing losses is useless. The reason is that once a gambler loses in gambling, his utmost wish is to recover the loss by gambling more. So for us chasing losses is usually useless but those who have recently lost in gambling, for them the more important thing is to recover the loss by chasing the losses.

The question arises as to why the gamblers want to chase the loss ?

I think the gamblers are always being taught and they think that gambling is a money making activity and one cannot lose. People think that other people can lose in gambling but we cannot lose. Don't know why people create such a belief and once they lose, the first priority they give is to somehow recover the loss. They do not know that once you lose in gambling, 90% of the chance is that you will never be able to recover it.

Man, it's a psychological trap, not simply bad luck. You feed the system and grow hooked on getting even, spiraling into self-destruction. Mathematically, the house always wins. They get you when emotion blurs your judgment and makes you desperate

You don't have to quit cold turkey. But those losses? Not failures, but data points. Every stroke teaches you about the game and yourself.  Control comes in. Gamble for fun, but set limitations to avoid making it your life

Life is a big gamble, right? Job, relationship, everything is a gamble. You decide how much to put on the table. A little calculated risk, a plan to minimize losses, and unwavering self-belief can change the chances. Gambling should be fun, not depressing. Keep it sideshow, not main event, and you'll win

It's true what you say chasing losses is basically useless, we won't get what we want, it will only complicate matters and there will be a lot of losses there and this factor is also influenced by big emotions about what happens because of expectations. not in accordance with reality and agree with you, if we have experienced defeat once or twice then take the positive side, namely from our experience that gambling results in more losses than wins, then we can use this as motivation and valuable experience so as not to lose. excessive gambling.

Yes, that's what we needs to do when we playing gambling so when we already set some money to be used to playing gambling, we can consider that money is ready to lose in gambling. That's mindset will helps us to trying to enjoy playing gambling and not thinks about recover the money because that money is ready to lose. Besides that, we set the limits for the money that we can used to playing gambling and never trying to breaks the limits. When we lose that money, we can stop playing gambling and not thinks about deposit more money because we knows that will makes us lose more money. We must protect ourselves from the lose in gambling by always limiting our money and time to playing gambling.

The reason I say controlling emotions is difficult, because when we do gambling then it will change everything especially if we cannot resist the temptation of gambling which is strong, there is a possibility that we can experience bad things because we cannot resist the temptation of gambling. because if we cannot control our emotions or self, there will be arbitrary decisions that are not considered first, only a few people who in my opinion can control their emotions with the final results of the gambling that is done.

Well, with the number of people who have suffered huge losses and other problems I think it's because they are not disciplined in their gambling actions and that means they can't control themselves. This is true, I have heard it directly from a parent who gave direction to his students, he said that if the child thinks that what he is doing is difficult, the truth will be difficult, so the parent told him not to think it is difficult. Whether that's true or not I don't know. What is clear is that if gamblers gamble often or pursue losses I think they cannot control their emotions and themselves.

Great mindset, you'll never lose a lot of money with the way you think. However, you'll also not gonna be profitable as a gambler because you already concede from the very beginning, if you want to be successful, you need to build that confidence and treat your bankroll a very important one that you need to grow and protect. By saying protect, it means chasing losses has no room for you as you follow the right system for bankroll management.

It's never going to be a good idea to chase your loss, especially on gambling where you could end up losing more if you continue to bet just to get back what you lost.
I think the main problem here is having the main goal of making an income from gambling if that is going to be your main goal it might not end up well in the end because if you just continue with that you might get frustrated and lose it if you end up losing money. The easiest way to do it is to do it mainly for entertainment, limit your gambling habits, and do it in moderation. If you are going to set the limit on it, then if you lose like 100$ then you lose it, but if you win a huge amount of money then you win, that is just how it works, so setting the limit of the amount is going to be useful, on losing your temper and getting frustrated.

I mean personally if I started to budget my gambling like 100$ I already consider it as a loss fund, because there might be a higher chance of losing it than winning, and it wouldn't going to hurt that much anymore since I already gave it up. That is why you should always just put a very low percentage of your income on gambling an amount that you could easily let go of or afford to lose, something where you could easily recover from it.

It's actually very difficult trying to quit gambling addiction, some times mare resistance to the force of gambling addiction may actually not be enough because it's a difficult and a really tough one to handle all alone and that's why it becomes important that one has got to seek help to be able to ease the stress of trying to quit the addiction all alone, because most times there will always be triggers that will cause you to be unable to keep resisting and such can actually be really strong in some cases enough that you wouldn't be able to handle them well enough.

It's good that we avoid excessive gambling to the point where we loose so much and find bit difficult to quit because we are determined to want to recover the losses made already but then we actually end up chasing losses which in itself is another bad habit and irresponsible way of gambling too because it most time causes more losses than it would profit the gambler.