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Topic: Dont chase your loss - page 8. (Read 3123 times)

hero member
Activity: 896
Merit: 586
Leading Crypto Sports Betting & Casino Platform
March 24, 2024, 05:49:05 PM
Chasing losses is one of the most easiest way to loss all your funds, even become addicted and irresponsible with your gambling. When you begin to chase your loss, you'll start making decision that are not from your right sense of reasoning. You can even gamble until all your money has been exhausted just because you want the old loss back. If you gamble and experience any loss just take it as part of the experience because at first you are advise to gamble with what you can afford to loss with affecting any of your other financial activities.

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.
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.
legendary
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
March 24, 2024, 03:37:20 PM
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


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.

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.
sr. member
Activity: 504
Merit: 268
DGbet.fun - Crypto Sportsbook
March 24, 2024, 11:45:20 AM
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


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.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
March 24, 2024, 10:59:03 AM
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 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.
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.
sr. member
Activity: 1820
Merit: 436
March 24, 2024, 10:54:02 AM
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.

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.

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.

hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
March 24, 2024, 10:48:07 AM
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 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.
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

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.
sr. member
Activity: 476
Merit: 299
Learning never stops!
March 24, 2024, 09:56:11 AM
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 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.
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
LDL
hero member
Activity: 742
Merit: 671
March 24, 2024, 09:42:25 AM
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 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.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
March 24, 2024, 09:33:18 AM
Chasing losses is one of the most easiest way to loss all your funds, even become addicted and irresponsible with your gambling. When you begin to chase your loss, you'll start making decision that are not from your right sense of reasoning. You can even gamble until all your money has been exhausted just because you want the old loss back. If you gamble and experience any loss just take it as part of the experience because at first you are advise to gamble with what you can afford to loss with affecting any of your other financial activities.

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, 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.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
March 24, 2024, 09:12:10 AM
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.

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.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
March 24, 2024, 08:56:12 AM
Chasing losses is one of the most easiest way to loss all your funds, even become addicted and irresponsible with your gambling. When you begin to chase your loss, you'll start making decision that are not from your right sense of reasoning. You can even gamble until all your money has been exhausted just because you want the old loss back. If you gamble and experience any loss just take it as part of the experience because at first you are advise to gamble with what you can afford to loss with affecting any of your other financial activities.

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.
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
hero member
Activity: 994
Merit: 525
March 24, 2024, 08:45:12 AM
Chasing losses is one of the most easiest way to loss all your funds, even become addicted and irresponsible with your gambling. When you begin to chase your loss, you'll start making decision that are not from your right sense of reasoning. You can even gamble until all your money has been exhausted just because you want the old loss back. If you gamble and experience any loss just take it as part of the experience because at first you are advise to gamble with what you can afford to loss with affecting any of your other financial activities.

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.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
March 24, 2024, 07:53:39 AM
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.
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.
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.
hero member
Activity: 2156
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Leading Crypto Sports Betting & Casino Platform
March 24, 2024, 07:20:02 AM
Indeed, the key is self-control, because with good self-control everything will be fine, including the gambling you do. If gambling is done with good self-control then there will be no emotions that will destroy the gambling being done, because if gambling is done with emotions then what will happen is chaos with rash actions. There have been many bad incidents with gambling done because of overflowing emotions. In my opinion, it's not just gambling, it's the same with other things, if we do it when we're emotional then what's likely to happen is chaos.
It's true that we have to be able to maintain self-control, but I believe controlling emotions is difficult, especially when the results of the gambling are not good, and if the gambler cannot accept that then emotions will control everything. then losses and other bad impacts can no longer be avoided. So it is important to control yourself and control your emotions properly when gambling.
Your points are good, but the part you mentioned that controlling emotion is difficult is the part I do not so much agree with. What you admit is difficult is what will be difficult for you, and what you agree is easy is what will be easy for you. Even if it is not easy, your dedicated effort can still prevail to your advantage. The reason why I emphasized on that is that the problem most gamblers are facing in this regard is due to their unwilling nature to fight as they ought to, they relax too much and give up so quickly, but these are not helpful to gamblers. The more we entertain our weakness, the more it bites and becomes an issue for us. The weakness of most gamblers is emotional and not the lack of luck or skills to gamble, and even if they planned best, emotion will still strike. This emotion of a thing is psychological and has to be handled psychologically and with strong determination and not the handling of levity.

This is possibly going to work if the gambler has a strong Will and Mind to fight and put things in the right state in their minds and also make sure that their plans are worked out as they should, which entails the control of our minds. Who says we can't control it? Once we are disciplined and determined at the said time, before we know it, we will see it done easily as if it was our daily doing that demands not much stress or effort on our part. But the moment we see it as difficult, the more it becomes difficult which is what most gamblers are suffering from. It depends on what you feed the mind.

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.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
March 24, 2024, 05:56:36 AM
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.

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.
sr. member
Activity: 1820
Merit: 436
March 24, 2024, 04:03:03 AM
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 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.
full member
Activity: 434
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Duelbits.com
March 24, 2024, 03:24:43 AM
Resisting the force of gambling addiction can be quit difficult, not only to resist the impulse for several days but months and years. And all this addiction is caused simply because of chasing after lost according to the thread. Anyone who is an agresive gambler end up chasing after loses which is not suppose to be so. For such addiction to be controled is by setting a quit time. Whenever your loses has started becoming frequent it has to stop otherwise it becomes hard for you to reduce the resistance of addition.
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.
legendary
Activity: 2562
Merit: 3477
March 24, 2024, 02:43:06 AM
The point is that when you try to recoup your losses, you actually stop following your system. The system implies certain conditions for entering and exiting the game. It's like trading: you must have a trading setup for trading. If there is no trading setup, you should not play. The game must have two conditions: you must have a match forecast that seems correct to you and you must have a match forecast from the bookmaker that seems wrong to you. Or you might have a prediction from another player that seems wrong to you. After all, there are games in which you play not against a casino or bookmaker, but against other players.
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform
March 24, 2024, 02:03:31 AM
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?

Now i really understands what it really means to gamble for fun. I no longer take this stuff too seriously amd you find out you'd get more wins when you have lesser games staked with a high staking power, you'd be amazed by the consistency and wins you'd get.

Why chase my Fauckin losses? Just like a snake gets done with his old skin, it's same way I get done with my past and loses, they don't define me. In between failures and losses are one of the best ways to learn life long and best experiences. 

And one more thing is never to let your failures stop you from making further advances. Laid down a new plan and strike, this time around, you'd find your strike in the jackpot. Gambling is also a bad habit lately and has recked lots of folks if you eventually fail to set standards.
sr. member
Activity: 448
Merit: 560
Crypto Casino and Sportsbook
March 24, 2024, 01:34:59 AM
No body as a rational human being is ever happy losing. However some persons take it too personal in especially things that they should not just like in the case of gambling. Of course many a time people classify gambling as a fun activity however if you take it too seriously or personal you discover that  you end up doing things the wrong way and making mistakes like angrily trying to retake all you lost while you placed gambling stakes that didn't come out a win. In the process of trying to gain forcefully all you have lost a lot of persons end up losing even more than they have lost initially.

The better your gambling habits the lesser you lose trying to over gain. As a gambler always try to make sure you are not gambling based on emotional drive if not you will definitely end up making constant mistakes.
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